According to Barney Frank, Signature Bank’s only issue prior to regulators seizing control in March was “crypto-fear inaccurate withdrawals.” News Join us on social networks Barney Frank, a former member of the United States House of Representatives and board member of Signature Bank, has pointed fingers at certain members of the public in the wake …
Monthly archives: May 2023
Bitcoin played second fiddle as KAVA, XRP, TRX, RPL and RNDR led the crypto market in May
Bitcoin is about to close its worst performing month since FTX collapsed, but a handful of altcoins posted noteworthy gains in May. Market Analysis Join us on social networks The cryptocurrency market experienced a dull month with Bitcoin (BTC) dropping 7.37%, its worst performance since November 2022 and Ethereum (ETH) losing 0.22% in May. The …
From cricket to crypto: AB de Villiers ventures into Web3
South African cricket icon AB de Villiers trades his bat for Web3 as he discusses his love affair with NFTs and a partnership with a novel Ethereum-based investment platform. Video Join us on social networks AB de Villiers is a household name in the world of cricket, renowned for his swashbuckling batting style and records …
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Binance plans new round of layoffs amid increased regulatory scrutiny
Binance’s chief strategy officer Patrick Hillmann hinted on Twitter the resource reorganization is meant to address growing regulatory pressures targeting the crypto space. News Join us on social networks A fresh headcount reduction is coming to crypto exchange Binance, which is reportedly planning to lay off 20% of its workforce in June. The job cuts …
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Crossing the Divide: Ethereum NFTs Link to Bitcoin, But There’s No Return Path
Ethereum is currently the most popular platform for trading NFTs in terms of trading volume and value. However, Bitcoin has gained much attention in the […] Go to Source
UAE Strengthens Crypto Oversight With AML/CTF Rules, Policymakers Talk With Hong Kong Regulators
Summary: The Central Bank of the United Arab Emirates published rules for businesses and institutions interacting with cryptocurrencies and digital assets. The UAE’s new guidance will oversee anti-money laundering and counter-terrorism financing checks in compliance with the Financial Action Task Force (FATF) international standards. Policymakers from the UAE and Hong Kong are working together on …
Binance’s CZ opens up on the exchange’s Canada exit; hopes to return one day
Changpeng Zhao (CZ) explained the circumstances surrounding Binance leaving the Canadian market – saying the regulatory requirements meant it was unfeasible to continue operating in the country. Exit from Canada On May 12, Binance announced it would be “proactively withdrawing from the Canadian marketplace.” The firm stated that new crypto exchange regulatory guidance on stablecoins …
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Crypto markets brace for impact as US debt ceiling debate threatens liquidity crunch
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
Binance delists privacy coins for European users amid layoff rumors
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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Bitcoin miner balance soars to highs not seen since November 2022
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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NFT artist allegedly battling cancer revealed to be scam
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
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FTX has paid over $100M to lawyers and consultants handling its bankruptcy case
The FTX debtors said they had paid the 14 consultancy firms and the law firms handling its bankruptcy case over $100 million as of April 30, according to a May 30 court filing. Sullivan & Cromwell is top earner According to the filing, FTX paid law firm Sullivan & Cromwell (S&C) $39.58 million for its …
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Western inflation re-accelerates in 2023
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …
NFT Market Update: Bitcoin Ordinals Rival Ethereum NFTs, Inscriptions Hit 10M, And More
The non-fungible token market has begun to slowly crawl back on its feet after suffering a brutal market downturn in the past several months. The […] Go to Source
There’s Nothing More Bullish for Bitcoin and Gold Than This Pivotal Moment: Investment Strategist Luke Gromen
Macro investor Luke Gromen is naming one pivotal moment that could send both gold and Bitcoin (BTC) flying. In a recent interview on Blockworks Macro, Gromen says that he believes Bitcoin and gold will win “either way in the end.” According to the investment strategist, Bitcoin and gold will likely turn bullish the moment the …