Tether stablecoin’s reported bank partner Capital Union supports a large variety of digital assets as part of its trading and custody services. Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry. The banking institution has rolled out …
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Goldman Sachs, one of the leading investment banks in the United States is reportedly trying to onboard some of its derivatives products into FTX.US crypto derivatives offerings. Goldman Sachs has been in talks with FTX over regulatory and public listing help, and aims to expand into crypto derivatives offering by leveraging some of its own …
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Binance Labs, the investment arm of crypto giant Binance, launched a $500 million fund in partnership with global investors including DST Global Partners and Breyer Capital to drive innovation across the crypto, Web3 and blockchain landscape. Binance Labs plans to allocate the latest $500 million fund to projects across various stages — incubation, early-stage and …
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Summary: The central bank of Russia is ready to accommodate foreign transactions completed with digital currencies. Using crypto within the local economy remains a topic of debate per comments from top financial officials. Russia’s central bank maintains that virtual assets are a risk to the country’s financial integrity. Dominant sentiment from the top bank favors …
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! It appears that Do Kwon may be in for more legal trouble as allegations arise accusing him of further financial crimes. FatManTerra, who seemingly never sleeps, has released information tying Do Kwon to a blockchain consultancy firm Kernel Labs. Money has …
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👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Developers behind the Terra Classic (LUNC) – formerly Terra – cryptocurrency and TerraClassic USD (USTC) – formerly TerraUSD (UST) – stablecoin launched Terra 2.0 (LUNA) in an attempt to move forward from the catastrophic crash that hit both of their tokens, …
Cardano (ADA) has been fighting a vicious battle trying to secure its place in the DeFi market in the past few months. Since the coveted Alonzo Hard Fork upgrade in September 2021, the development efforts at IOHK, EMURGO, and the Cardano Foundation had ramped up, culminating at the end of March when the blockchain reached …
Continue reading “Behind the rise, fall, and rise of the TVL on Cardano (ADA)”
Singapore’s deputy prime minister has advised retail investors to steer clear of cryptocurrencies, citing that they are “highly risky.” He stressed, “We cannot express this enough.” Singapore’s Deputy Prime Minister Warns About Crypto Singapore’s Deputy Prime Minister Heng Swee Keat reportedly warned retail investors against investing in cryptocurrency Tuesday while speaking at the Asia Tech …
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The government of Kazakhstan has collected $1.5 million from crypto miners in the first quarter of this year, official data shows. The money comes from a fee charged on the electricity spent to mint digital currencies, which was introduced in January. Crypto Mining Increases Budget Revenues in Kazakhstan Kazakhstan has received 652 million tenge (almost …
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Dmitry Vasiliev, co-owner and former chief executive of the now defunct Russian crypto exchange Wex, has been arrested upon entering Croatia, local media reported. The crypto entrepreneur is wanted by Kazakhstan where he is accused of stealing money from an investor. Wex Executive Vasiliev Apprehended at the Airport in Zagreb Belarus-born Dmitry Vasiliev, former CEO …
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press release PRESS RELEASE. Bexplus Exchange is a leading crypto derivatives trading platform offering 100x leverage futures trading on a variety of trading pairs – BTC, ETH, ADA, XRP, DOGE, etc. Bexplus doesn’t require KYC and is trusted by over two million traders from over 200 countries/regions and is accredited by the U.S. MSB license …
Popular crypto analyst Austin Arnold thinks four altcoins have the potential to do “very well” despite the ongoing bear market. The co-host of Altcoin Daily tells his 1.23 million YouTube subscribers he looks for five attributes when searching for good crypto assets to buy in a bear market. The five attributes are being well-funded, being …
The concept of cryptocurrency inheritance continues to rapidly evolve as the decentralized finance (DeFi) industry spawns more ways to make a “crypto will.” The Israeli crypto software provider Kirobo is moving to tackle a major void in the DeFi industry by providing crypto investors with an opportunity to pass private keys or transfer funds according …
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The United States Federal Reserve is starting the process of paring back its $9 trillion balance sheet that ballooned in recent years in a move called quantitative tightening (QT). Analysts from a crypto exchange and financial investment firm have conflicting opinions about whether QT, starting on Wednesday, will put an end to a decade of unprecedented …
Continue reading “Fed money printer goes into reverse: What does it mean for crypto?”
