The former top executive of banking giant Morgan Stanley says that the technology behind crypto assets could revolutionize the current financial system. In a new interview on CNBC’s Squawk Box, former Morgan Stanley CEO John Mack says that in about 50 years, monetary transactions and asset trading will take place digitally on blockchains as life …
Monthly archives: October 2022
Mastercard Launching New Program To Help Banks Offer Crypto Trading Services: Report
Payments giant Mastercard is reportedly launching a new program that will help banks offer crypto trading services to customers. According to a new report by CNBC, Mastercard plans to serve as a bridge between banks and blockchain infrastructure firm Paxos to make it easier for the masses to access digital assets. Mastercard says the program …
Binance’s Changpeng Zhao Addresses Reuters, Says Inaccurate Reports Targeting Crypto Exchange
Binance CEO Changpeng Zhao (CZ) is speaking out on recent allegations in the media, saying that the exchange is being targeted with inaccurate and sometimes unethical reporting. In a new company blog post, CZ responds to a Reuters story published today that alleges the company has been dodging regulators in the US and UK. Zhao …
Celsius judge says court may look to UK consultation paper in absence of US guidance
The lack of crypto regulation in the United States has long complicated the lives of users and service providers, and now a judge has acknowledged the pain the judiciary also feels from its absence. Chief United States Bankruptcy Judge Martin Glenn, the judge who is leading the Celsius case, said the court will look abroad …
Texas investigates FTX for securities violations after objecting to Voyager auction
The Texas State Securities Board, or SSB, and the Texas Department of Banking filed a supplemental declaration on Oct. 14 in the Voyager Digital case stating that the SSB is investigating FTX Trading and FTX US and their principals, including co-founder and CEO Sam Bankman-Fried, for allegedly offering unregistered securities in the United States. FTX …
What to Consider When Selecting Online Bitcoin Casinos
The gaming industry is wild for Bitcoin. These days, gambling sites consistently compete to provide gamers with amazing options. The online gaming industry is going wild over Bitcoin. We dwell in a period where gambling sites consistently compete to provide gamers with anything amazing. The correct factors are driving the popularity of bitcoin casinos to …
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Three Arrows Capital Founders Set To Receive Subpoenas On Twitter: Bloomberg
Court-appointed 3AC liquidators Teneo have been unable to locate Su Zhu and Kyle Davis. Representatives of the missing founders are refusing to accept papers on their behalf. Teneo is now asking a U.S judge for permission to serve the subpoenas through Twitter accounts. Both founders have been on the run since July. Teneo Restructuring is …
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CryptoSlate Wrapped Daily: Binance’s CZ lashes out at Reuters reporter; Ethereum network at peak performance
The biggest news in the cryptoverse for Oct. 18 includes Japan looking to amend KYC rules for crypto, Binance CEO Changpeng Zhao’s post about the company’s recent dealings with a Reuters reporter and Texas’ probe into FTX US and Sam Bankman-Fried for allegedly offering unregistered securities. Japan looks to amend crypto KYC rules The Japanese …
Ripple starts testing XRPL sidechain compatible with Ethereum
The global crypto market cap is $ with a 24-hour volume of $. The price of Bitcoin is $19,592.61 and BTC market dominance is %. The price of Ethereum is $1,335.65 and ETH market dominance is %. The best performing cryptoasset sector is Energy, which gained 8%. Go to Source
Research: On-chain metrics show peak Ethereum network performance post-Merge
The Ethereum Merge was completed on Sept. 15, marking the network’s transition to a Proof-of-Stake (PoS) chain and a significant milestone on the road to ETH 2.0, AKA “Consensus Layer.” A month on, what do on-chain metrics suggest regarding ETH’s network performance post-Merge? Ethereum Participation Rate Reliability and uptime are critical functions of any blockchain. …
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Huobi token up 70% in the last 30 days, following Justin Sun’s arrival
Over 50 million HT tokens have left exchanges over the last 30 days indicating that investors are bullish on HT for the long term. 2 min read Updated: October 17, 2022 at 8:58 pm Cover art/illustration via CryptoSlate Huobi Global has seen its native token HT surge up to 70% in the last 30 days, …
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Binance’s CZ puts Reuters reporter on blast for intent to report about his children
Binance CEO Changpeng Zhao (CZ) posted a response to the company’s recent dealings with a reporter from Reuters, complaining of a deliberate smear campaign by the news agency. CZ mentioned a “breakdown in trust” due to adverse reports informed from anonymous sources. In recent times, Reuters has published several damning stories about the exchange, including …
Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain
According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.” Ripple Core Developers and Peersyst Reveal …
Texas Securities Regulators and Attorney General Object to FTX Purchasing Voyager Digital
Regulators from the state of Texas and the state’s attorney general are objecting to FTX purchasing Voyager Digital, as the state’s securities commissioner needs to “determine whether FTX US is complying with the law.” Texas State Securities Board, Department of Banking, and Attorney General File Objection Against FTX Buying Voyager Digital According to a bankruptcy …
USDC’s Market Cap Sheds Close to $4 Billion in Less Than 20 Days, Binance’s BUSD Climbs 3%
19 days ago, usd coin (USDC), the second largest stablecoin by market capitalization, had an overall valuation of around $48.82 billion and since then, it has continued to deflate down to today’s $44.93 billion. Statistics show that during the last three months, USDC’s market valuation has dropped by more than 19%, shedding approximately $10.59 billion. …