Binance CEO Changpeng “CZ” Zhao has cautioned the crypto community about self-custody, suggesting that 99% of people choosing to self-custody their crypto will likely lose it one way or another. CZ has been been a supporter of self-custody for years, referring to its as a “fundamental human right” but has always urged users to “do …
Continue reading “Only 1% of people can handle crypto self-custody right now: Binance CEO”
Attorney and XRP supporter John Deaton is now outlining when he thinks the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple will arrive at its long-awaited conclusion. On a new episode of Real Vision Crypto, Deaton was asked whether he sees the timeline for summary judgment in the case to happen by March 31st. Replies …
Continue reading “Pro-XRP Lawyer Forecasts End of Ripple Lawsuit As Rumors of Settlement Swirl”
Senator Elizabeth Warren is leading a new regulatory campaign for crypto as she says entities are using the technology to fund illicit activities, including terrorism. The Massachusetts Democrat recently unveiled a bipartisan bill she says aims to clamp down on crypto money laundering and other illegal schemes. “Rogue nations, oligarchs and drug lords are using …
Maple Finance is a decentralized credit market powered by blockchain technology. Instead of requiring overcollaterlization of loans, it instead allows managers, called “Pool Delegates” to issue loans from its lending pools based on a set of risk-management criteria, according to the protocol’s documents. Introducing Maple 2.0. Maple 2.0 is a fundamental overhaul of the smart …
Continue reading “Maple Finance 2.0 overhaul aimed at speeding up the defaulting process”
On Dec. 14, Bitcoin (BTC) broke above $18,000 for the first time in 34 days, marking a 16.5% gain from the $15,500 low on Nov. 21. The move followed a 3% gain in the S&P 500 futures in three days, which reclaimed the critical 4,000 points support. Bitcoin/USD index (orange, left) vs. S&P 500 futures …
Continue reading “Bitcoin retraces intraday gains as bears aim to pin BTC price under $18K”
After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse against prisoners and “harsh” conditions. Authorities in the Bahamas reportedly remanded Bankman-Fried to the medical wing of Fox Hill following a …
The Organisation for Economic Cooperation and Development (OECD) analyzed the crypto winter in a new policy paper titled “Lessons from the crypto winter: DeFi versus CeFi,” released Dec. 14. The authors examined the impact of the crypto winter on retail investors and the role of “financial engineering” in the industry’s current problems and found a …
Continue reading “New OECD report takes lessons from crypto winter, faults ‘financial engineering’”
ARAX is currently investing in WEB3 projects, as well as future WEB4 projects, implementing blockchain-based solutions. 2 min read Updated: December 14, 2022 at 11:26 pm Cover art/illustration via CryptoSlate ARAX Holdings signed a binding letter of intent and deal terms to acquire 75% of blockchain firm Core Business Holding‘s share capital, the company behind …
The biggest news in the cryptoverse for Dec. 134 includes CryptoSlate’s analysis suggesting that the bottom for Bitcoin may not be in yet and Congressman Tom Emmer alleging that SEC Chairman Gary Gensler knew about FTX’s fraud. CryptoSlate Top Stories US authority alleges that SBF donated to politicians using other people’s name An indictment filed …
Glassnode data analyzed by CryptoSlate revealed that the number of active Ethereum (ETH) addresses reached a new all-time high (ATH) on Dec.9. Active ETH addresses The blue line on the chart above represents the active ETH addresses since January 2018. On Dec. 9, the number of active addresses spiked to reach 1.4 million. The previous …
Continue reading “Active ETH addresses reach all-time high of 1.4M”
In general, these online gambling platforms accept USDT deposits and withdrawals and settle funds via cryptocurrency payments. 1 min read Updated: December 14, 2022 at 8:00 pm Cover art/illustration via CryptoSlate Deposits and withdrawals of USDT among gambling websites through crypto payment platforms are on the rise, according to a report from Wu Blockchain, authored …
Continue reading “Gambling-related USDT funds grow as 1k new online gambling websites use Tether”
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you …
Continue reading “Bitcoin sinks 3.2% as Fed raises interest rates by 50 basis points”
CryptoSlate’s analysis of on-chain Glassnode metrics indicated mixed results for a Bitcoin bottoming. Previous research published on Sep. 27 looked at the Percent Supply in Profit (PSP,) Market Value to Realized Value (MVRV,) and Supply in Profit and Loss (SPL) metrics, all of which indicated a bottom was forming at the time. In revisiting these …
Continue reading “Research: On-chain Bitcoin metrics show the bottom may not be in”
In December, Bitcoin outperformed the native tokens of the Solana, Ethereum, Polkadot, Binance, and Cosmos ecosystems, according to data analyzed by CryptoSlate. Bitcoin dominance (BTC.D) has also begun trending upward this month. The chart below shows BTC.D starting December at 39.9% and moving progressively higher. The current reading is 41.5% – a seven-week high. Source: …
Continue reading “Bitcoin outperforms Layer 1s SOL, ETH, DOT, BNB, ATOM in December”
Binance founder Changpeng Zhao (CZ) has reportedly told staff to expect some difficult months as the leading cryptocurrency exchange is seeing customer withdrawals. The warning comes while the crypto industry is facing challenges after high-profile bankruptcies and amid tightening regulations. $3 Billion Pulled Out From Binance at Peak, Nansen Data Shows Binance, the world’s largest …
Continue reading “Amid Withdrawals, Binance CEO Warns of Bumpy Months Ahead”
