Crypto.com CEO addresses FUD,says he ‘has nothing to hide’

Kris Marszalek talked about his failed business from 20 years ago and said the lessons he learned then made him who he is today. 2 min read Updated: December 7, 2022 at 11:45 am Cover art/illustration via CryptoSlate Crypto exchange crypto.com‘s CEO Kris Marszalek posted a thread on his Twitter account to acknowledge that more …

Chainlink down 6% as holders stake $76M in 24 hours

Chainlink staking early access went live on Dec. 6, and over $75 million worth of LINK tokens have been staked in the first 24 hours, according to Etherscan data. Chainlink staking is live. According to the announcement, staking is integral to Chainlink Economics 2.0. Through staking, community members and node operators can earn 4.75% rewards …

Court approves issuance of subpoenas to 3AC co-founders

Liquidators of Three Arrows Capital (3AC) have received approval to issue a subpoena to co-founders Su Zhu and Kyle Davis. A subpoena is an order issued by the court to have the recipient testify and provide documents needed in a legal proceeding. Since Three Arrows Capital filed for bankruptcy on July 1, Su Zhu and …

ConstitutionDAO set to buy the US constitution again with private multisig

ConstitutionDAO claims that the transparency of the Ethereum blockchain undermined its first bidding effort. In the second attempt, it will participate in the Sotheby’s auction via a private multsig wallet. 1 min read Updated: December 7, 2022 at 9:57 am Cover art/illustration via CryptoSlate ConstitutionDAO has resurfaced to push through its mission of purchasing the …

Ledger Reveals New Crypto Hardware Wallet Designed by iPod Creator Tony Fadell

On Tuesday, the hardware wallet manufacturer Ledger announced the launch of a new device called Ledger Stax. The machine was designed by iPod creator, Tony Fadell, and the France-based firm Ledger says the new device was built with “uncompromisingly secure architecture.” iPod Creator Tony Fadell Partners With Ledger to Launch a New Crypto Hardware Wallet …

Binance Counters ‘Wrong Narratives’ About FTX — CZ Calls SBF ‘One of the Greatest Fraudsters in History’

The CEO of crypto exchange Binance, Changpeng Zhao (CZ), has countered several “wrong narratives” about the collapsed crypto exchange FTX and its co-founder Sam Bankman-Fried (SBF). The Binance boss calls SBF “a master manipulator” and “one of the greatest fraudsters in history.” Binance’s CEO on ‘Wrong Narratives’ About FTX and Sam Bankman-Fried The CEO of …

Crypto Strategist Who Predicted 2018 Bitcoin Bottom Issues Alert, Says BTC Primed for Fresh Bear Market Lows

A crypto analyst who correctly called Bitcoin’s (BTC) 2018 bottom says the king crypto is setting up for another corrective move en route to carving a fresh bear market low. The pseudonymous analyst Smart Contracter tells his 216,200 Twitter followers that Bitcoin’s recent rally from its current bear market low of $15,546 is likely coming …

US lawmakers want State Department to justify crypto rewards and disclose payouts

The United States lawmakers have proposed an amendment to the State Department Basic Authorities Act of 1956 that includes information on crypto rewards and payouts. The proposed amendment under the National Defense Authorization Act (NDAA) requires the Department of State, an executive department of the U.S. federal government responsible for the country’s foreign policy and …

Gate.io pledges $100M to revive crypto and rebuild investor confidence

In a move to tone down the negative impacts of a bear market and ecosystem collapses, crypto exchange Gate.io launched an industry liquidity support fund with an initial commitment of $100 million. With investors moving their funds away from exchanges into self-custody, market liquidy concerns are an immediate threat to struggling crypto businesses. Gate.io’s $100 …

3AC subpoenas issued as dispute grows over claims of Terraform dump

A federal judge overseeing Three Arrows Capital’s (3AC’s) bankruptcy proceedings has signed an order approving subpoenas to be delivered to 3AC’s former leadership, including co-founders Su Zhu and Kyle Davies. The subpoenas require the founders to give up any “recorded information, including books, documents, records, and papers” in their custody that relates to the firm’s …

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