Cryptocurrency exchange Gate.io is gearing up to launch a presence in Hong Kong following the local government’s planned $6.4 million (50 million Hong Kong dollar) cash injection into Web3 as per the city’s 2023-24 budget. Gate Group said on Feb. 22 that it will apply for a crypto license in Hong Kong allowing it to …
Continue reading “Gate.io to enter Hong Kong following city’s $6.4M budget allocation to Web3”
Google’s cloud computing arm has added another string to its Web3 bow, with a new partnership to see it becoming a network validator on the Tezos blockchain. On Feb. 22, Tezos Foundation, a Swiss non-profit foundation supporting the Tezos blockchain announced it has teamed up with Google Cloud which will allow customers of the cloud computing …
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Update: The article was updated to reflect that the blockchain explorer Polygonscan was not updating correctly. Polygon has continued to produce blocks, according to OKLINK. An outage at network explorer Polygonscan led to unfounded speculation that the Polygon blockchain was temporarily down for the count. Rumors surfaced that layer-2 scaling solution Polygon may have been suffering …
Continue reading “PolygonScan went down, causing unwarranted concern of blockchain outage”
On Feb. 13, a federal judge put the Securities and Exchange Commission and the Commodity Futures Trading Commission cases against former FTX CEO Sam Bankman-Fried on hold. You’ll be forgiven if you missed this story — headlines and social media were dominated by the breaking news that the SEC was suing crypto firm Paxos for …
Continue reading “Gary Gensler’s SEC is playing a game, but not the one you think”
The Bitcoin price prediction reveals that BTC is yet to gain strength above the resistance level of $25,000 as the coin ranges. Bitcoin Prediction Statistics […] Go to Source
What – The co-founder and former CEO of the bankrupt FTX crypto exchange, Sam Bankman-Fried (SBF), has been making multiple court appearances. Why – The […] Go to Source
Ad The biggest news in the cryptoverse for Feb. 22 saw EMURGO launch a social network for the Cardano community. Meanwhile, the FTC said that it is investigating Voyager Digital and objected to the company’s pending deal with Binance.US. Elsewhere, Sam Bankman-Fried could hire a tech expert to consult on his bail conditions. CryptoSlate Top …
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 4 …
Judge used the Supreme Court Howey Test to determine that the NBA collectibles platform ostensibly could be considered a security. 2 min read Updated: February 22, 2023 at 11:55 pm Cover art/illustration via CryptoSlate Ad United States District Court Judge Victor Marrero has ruled in a case against Dapper Labs that NFTs associated with NBA …
Continue reading “NBA Top Shot NFTs Are ‘Plausibly’ Securities, Judge Rules in Dapper Labs Lawsuit”
The Federal Reserve released its minutes today, reiterating a target of 2% inflation along with a federal funds target rate of 4.5% to 4.75%. 2 min read Updated: February 22, 2023 at 9:21 pm Cover art/illustration via CryptoSlate Ad Fed minutes in-brief: 2% targeted inflation Low unemployment, 3.5% Fed funds target rate, 4.5% to 4.75%. …
Continue reading “Fed minutes do little to shake crypto markets with BTC down 2.7%”
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 4 …
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 4 …
Continue reading “Rate cuts potentially off the table for 2023”
Latest Report The SEC vs. Paxos: A deep dive into the implications of the lawsuit and its effects on stablecoins The SEC’s notice to Paxos to stop minting BUSD could have longstanding implications on the crypto market. CryptoSlate’s new report explores the recent and potential consequences of enforcement action against Paxos. Andjela Radmilac · 4 …
Continue reading “Ethereum gas usage spikes for stablecoins; primarily inflows in USDT”
A federal judge, Victor Marrero, ruled on Wednesday that the NBA Top Shot non-fungible tokens (NFTs) issued by Dapper Labs may meet the requirements to be considered an unregistered security. The case arose in 2021 when an NBA Top Shot collector sued Dapper Labs, claiming that the NBA Top Shot NFTs, known as “Moments” issued …
Continue reading “Federal Judge Rules NBA Top Shot NFTs May Be Considered Unregistered Securities”
With Bitcoin-based digital collectibles becoming a popular trend, the full-stack bitcoin mining services company Luxor Technologies has acquired the platform Ordinalhub, a project that provides tools to buy, sell, and track Bitcoin-issued non-fungible token (NFT) assets. Luxor Plans to Address Challenges in the Market for Ordinal Inscription Trades At the time of writing, there are …
Continue reading “Luxor Technologies Acquires Ordinalhub to Provide Tools for Bitcoin-Based NFTs”
