The U.S. Commodity Futures Trading Commission (CFTC) has filed market manipulation charges against the man behind the $100 million exploit of Mango Markets, a Solana (SOL)-based decentralized finance (DeFi) trading platform. In a complaint filed on Monday, the CFTC argues that Avraham Eisenberg “engaged in a manipulative and deceptive scheme to artificially inflate the price …
Monthly archives: January 2023
Reap Leverages Fireblocks To Enable Crypto Repayments With the Reap Card
January 11, 2023 – New York, New York Reap, the global fintech company powering expense management through the industry-first Reap Visa Corporate Card (‘Reap Card’) platform, launches industry-leading innovation by including cryptocurrency repayments functionality for the Web 3.0 industry. Together with the Reap Card, Reap is offering expense management software that will enable Web 3.0 …
Continue reading “Reap Leverages Fireblocks To Enable Crypto Repayments With the Reap Card”
A key change in Ethereum options pricing hints that ETH price could rise beyond $1,350
Ethereum price (ETH) gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort, but has the Ether price move cast a light on whether the altcoin is ready to begin a new uptrend. Will Ethereum’s former resistance level turn to support? After testing the $1,200 support on Jan. 1, the …
Binance approved to offer crypto services to Swedish customers
The Swedish Financial Supervisory Authority, one of the country’s financial regulatory agencies, has granted the local arm of crypto exchange Binance approval to manage and trade digital currencies. According to a Jan. 11 announcement, Binance said that following “months of constructive engagement” with the financial regulator, the FSA granted Binance Nordics AB’s registration status on Jan. …
Continue reading “Binance approved to offer crypto services to Swedish customers”
Three Arrows Capital creditors express frustration with bankruptcy process during call
Kyle Davies, the co-founder of bankrupt hedge fund Three Arrows Capital (3AC), disclosed via a Twitter thread on Jan. 11 the creation of a 3AC creditors group amid complaints from creditors over bankruptcy costs. According to Davies, creditors continue to express frustration with the ongoing costs and handling of assets during the bankruptcy process, suggesting …
One of the Cutting-Edge Technologies of Our Time: Blockchain
Technologies are emerging in new forms at a rapid pace, influencing the world around us. One of these profound technologies is blockchain. One amazing thing regarding these technologies is that they are sustainable and easy to adopt. One profound aspect of these technologies is blockchain, a chain of blocks of greater means. Inside Blockchain Blockchain is …
Continue reading “One of the Cutting-Edge Technologies of Our Time: Blockchain”
The Five Best Online Strategies to Drive B2B Sales
Today’s B2B vendors are bumping up sales by embracing eCommerce. Here are five strategies worth considering If you want to join the bandwagon. Not too long ago, most B2B companies wouldn’t consider online selling. It had to be face-to-face interactions because online eCommerce activities resonated with B2C customers. McKinsey research now shows that up to …
Continue reading “The Five Best Online Strategies to Drive B2B Sales”
FTX Lawyers Say $5 Billion Recovered In Crypto And Other Assets
Summary: Landis Rath & Cobb lawyers stated the recovery claim during a bankruptcy hearing on Wednesday The $5 billion in question was reclaimed in “cash, liquid crypto, and liquid investment securities”, per the court hearing. FTX bankruptcy CEO John Ray previously tagged the company’s recovery efforts at around $1.2 billion in December 2022. Attorneys from …
Continue reading “FTX Lawyers Say $5 Billion Recovered In Crypto And Other Assets”
Bitcoin worth $120M withdrawn from exchanges on Jan. 10
Around $120 million worth of Bitcoin (BTC ) was withdrawn from crypto exchanges on Jan. 10, according to Glassnode’s data. Roughly $50 million of the withdrawals came from Binance, while $30 million was pulled from Coinbase. Source: Glassnode The above chart shows that there have been more BTC outflows than inflows on crypto exchanges since …
Continue reading “Bitcoin worth $120M withdrawn from exchanges on Jan. 10”
Robinhood to market sell BSV after delisting Craig Wright’s Bitcoin variation
Users of the popular stock and crypto trading app Robinhood are reacting to the announcement that the platform will delist Craig Wright’s Bitcoin SV (BSV) on Jan. 25. A Robinhood spokesperson further told CryptoSlate that any BCV held on the platform by customers after the deadline will be “sold at market value and credited to …
Continue reading “Robinhood to market sell BSV after delisting Craig Wright’s Bitcoin variation”
Four US lawmakers ask court to appoint independent examiner for FTX
Four US Senators urged the court to appoint an independent examiner to look into the activities of bankrupt crypto exchange FTX in a Jan. 9 bipartisan letter. The lawmakers argued that the firm presently tasked with the work, Sullivan & Cromwell, previously advised FTX on various legal matters, including “acquisition transactions and specific regulatory inquiries related to …
Continue reading “Four US lawmakers ask court to appoint independent examiner for FTX”
WazirX publishes proof of reserves of assets worth $285M
WazirX currently holds about 6.09 trillion SHIBA INU worth $54.6 million, 1,356 BTC worth $23.6 million, and 20,056 ETH worth $26.6 million. 1 min read Updated: January 11, 2023 at 4:29 pm Cover art/illustration via CryptoSlate Indian-based crypto exchange WazirX has published its Proof-of-Reserves (PoR) report, which shows it holds about $285 million worth of …
Continue reading “WazirX publishes proof of reserves of assets worth $285M”
FTX attorney announces $5B in assets recovered
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 “FTX attorney announces $5B in assets recovered”
GMX daily fees soar over 1100% to $2.11M
GMX — the native token of the decentralized exchange (DEX) GMX — daily fees hit $2.11 million on Jan. 9 on the back of margin trading volume on Avalanche and Arbitrum. The huge surge in fee volume — second only to Ethereum for the day — occurred just five days after a GMX whale wallet …
Argo’s mining revenue dipped 28% in December due to winter storm
Debt-ridden Bitcoin (BTC) miner Argo Blockchain mined 147 BTC in December — 25.75% less than the 198 BTC it mined in November. Argo said that the fall in mined BTC was primarily due to the curtailment of operations in the Texas facility during the arctic blast. Argo’s CEO Peter Wall said: “While our mining results …
Continue reading “Argo’s mining revenue dipped 28% in December due to winter storm”