Republican members of the House Financial Services Committee have requested the Department of Justice provide its assessment and legislative proposals around a digital dollar within ten days. In an Oct. 5 letter addressed to U.S. Attorney General Merrick Garland, 11 Republican lawmakers asked the Justice Department for a copy of its “assessment of whether legislative …
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Teneo, the liquidation firm in charge of the Three Arrows Capital (3AC) bankruptcy process, confirmed in a statement to Cointelegraph on Oct. 5 that it has custody of the NFTs moved from the addresses related to Starry Night Capital, a fund launched by the co-founders of the now-bankrupt hedge fund. According to the firm, the …
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Near Foundation has announced a new partnership between Google Cloud and Near Protocol, providing infrastructure for Near’s Web3 startup platform, Pagoda. According to an Oct. 4 announcement, this partnership will allow Google Cloud to provide “technical support” to Near grant recipients by providing infrastructure for Near’s Remote Procedure Call node provider to Pagoda. Near Protocol …
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The Bitcoin (BTC) price prediction sees a 1.16% decline over the past few hours as the cryptocurrency fails at $19,750 and heads lower. Bitcoin Prediction Statistics Data: Bitcoin price now – $20,109 Bitcoin market cap – $387 billion Bitcoin circulating supply – 19.1 million Bitcoin total supply – 19.1 million Bitcoin Coinmarketcap ranking – #1 …
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The biggest news in the cryptoverse for Oct. 5 includes SEC opposing third parties seeking to defend Ripple, Do Kwon describing news of a $40 million crypto freeze as falsehood, and SWIFT showing CBDCs, tokenized assets can be integrated into the global financial system. CryptoSlate Top Stories SEC opposes third parties seeking to prove utility …
MicroStrategy leads crypto stocks losing only 2% more than Bitcoin throughout 2022. 2 min read Updated: October 5, 2022 at 10:58 pm Cover art/illustration via CryptoSlate Bitcoin’s price is down roughly 56% since January but crypto-related stocks such as MicroStrategy, Riot Blockchain, Coinbase, and Hut8 Mining are down up to 74%. The orange line in …
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DefiYield, the DeFi investing and yield farming platform, tracks exploited projects across the DeFi ecosystem through its REKT database. Since January 2022, it has tracked over $60 billion in lost or stolen funds across 1,195 events, including Terra Luna. Ronin, Nomad, and the Wormhole bridge. Roughly $2.4 billion has been recovered throughout the same period, …
Global financial messaging provider SWIFT has developed an infrastructure to facilitate the integration of different central bank digital currencies (CBDCs) and tokenized assets into the global financial system. SWIFT is a financial messaging platform that connects about 11,500 financial institutions across 200 countries to execute instant, frictionless, and interoperable cross-border transactions. With the advent of …
The authorities blacklisted Okx.com’s IP address on October 4. 1 min read Updated: October 5, 2022 at 6:08 pm Cover art/illustration via CryptoSlate Russia blocked global crypto exchange company OKX on Oct. 4 without disclosing why, according to News of Finance. A local non-governmental organization named Roskomsvoboda discovered that the Prosecutor General’s office blacklisted okx.com’s …
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Hundreds of non-fungible tokens (NFTs) collected by Starry Night Capital have been transferred to a new wallet. The NFT fund of the insolvent crypto hedge fund Three Arrows Capital (3AC) bought the tokens in 2021. 3AC filed for bankruptcy earlier this year, after taking a hit from the collapse of the Terra ecosystem and the …
According to statistics on October 5, the total computational power backing the Bitcoin network tapped a fresh all-time high reaching 321.15 exahash per second (EH/s). Just after the record high, the network’s total hashrate was coasting along above the 300 EH/s on Wednesday afternoon (ET) at around 303.87 (EH/s). Bitcoin’s Hashrate Reaches a Lifetime High …
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The non-fungible token (NFT) and blockchain firm Yuga Labs has announced a community council will be representatives of the Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFT collections. Yuga Labs has chosen seven community members with “a proven track record” to represent the NFT club at large. **Editor’s Note: This story …
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Over the past 24 hours, Ethereum Name Service (ENS) price prediction has gained almost 6.4% and the next resistance level could be at $18. Ethereum Name Service Prediction Statistics Data: Ethereum Name Service price now – $17.13 Ethereum Name Service market cap – $346.3 million Ethereum Name Service circulating supply – 20.2 million Ethereum Name …
The Avalanche (AVAX) price prediction may extend the market movement below the $17 support if the price fails to hold above the 9-day and 21-day moving averages. Avalanche Prediction Statistics Data: Avalanche price now – $17.29 Avalanche market cap – $5.1 billion Avalanche circulating supply – 296 million Avalanche total supply – 404.2 million Avalanche …
Financial services giant Mastercard is launching a software tool aimed at assisting banks in identifying and preventing fraudulent transactions emanating from crypto exchanges. According to a new CNBC report, the Crypto Secure software uses artificial intelligence to build a risk profile for crypto exchanges on the financial services giant’s payment network. Mastercard’s cyber and intelligence …
