Yearly archives: 2022

Speaking on Twitter Space on Dec. 12, Sam Bankman-Fried stated that he is “not currently planning to speak at an upcoming Senate hearing” on Dec. 14.” Previously, SBF confirmed that he was willing to speak before Congress. However, recent revelations indicate that he is “open” if the Senate believes it is important he attends. Source: …

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The sudden rise in XEN crypto mints is likely in commemoration of 60 days since its launch. 1 min read Updated: December 12, 2022 at 3:50 pm Cover art/illustration via CryptoSlate XEN crypto, an ERC-20 token launched in October, accounts for about 15% of all Ethereum gas fees. XEN (a pointless scam token) is currently …

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Binance said on Dec. 12 that Reuters falsely stated that the U.S. Department of Justice is looking to prosecute Binance over money laundering changes. In the statement, Binance claimed that Reuters was “attacking our incredible law enforcement team” as the company shared the press release sent to Reuters. The company also shared a new blog …

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As rumors about Argo’s possible bankruptcy continue to spread, more information about what caused the company’s troubles are unraveling. The U.S.-based Bitcoin mining company has seen its shares plummet in the second half of the year as it struggled to keep a positive cash flow. In October, Argo failed to secure a $27 million strategic …

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Hong Kong will also launch a public consultation to monitor the situation in crypto. 1 min read Updated: December 12, 2022 at 1:41 pm Cover art/illustration via CryptoSlate The Hong Kong Securities and Regulatory Commission plans to draft new regulatory provisions to implement under its new crypto regulation system in the wake of FTX’s collapse, …

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The CEO of 0xPlasma Labs, Ilia, has proposed deploying Uniswap v3 to BNB Chain (Binance), which could bring in an additional $1 billon in Total Value Locked (TVL) and 1-2 million new users. Currently, the proposal is in the discussion stage. 0xPlasma Labs released a proposal to deploy Uniswap v3 to BNB Chain (Binance), from …

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Shiba inu was in the red to start the week, with prices falling to a 20-day low on Monday. The meme coin has now moved lower for four straight sessions, with the latest decline seeing price move below a key support point. Dogecoin was also down, hitting a two-week low earlier today. Shiba Inu (SHIB) …

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The Tron-based stablecoin USDD has once again dropped below the $1 parity to a low of $0.969 on Monday, Dec. 12, 2022. Amid the drop in USDD’s value, Tron founder Justin Sun tweeted that his team was “deploying more capital,” and the stablecoin’s web portal usdd.io claims the project is overcollateralized by 200.8% at the …

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Bitcoin was trading under $17,000 to start the week, as markets prepared for a big week of economic announcements. U.S. inflation figures will be released tomorrow, and are expected to fall to 7.3%. Many believe this will give way to the Federal Reserve pivoting from its aggressive rate hike policy. Ethereum was also lower, and …

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