The US government won’t specify why it abruptly seized more than $100 million from people’s safety deposit boxes in California, according to a new lawsuit. The nonprofit Institute for Justice says it’s seeking to halt forfeiture proceedings for a group of citizens who’ve had their assets confiscated by the FBI with little to no explanation. …
Monthly archives: June 2023
Ethereum Rival Polkadot (DOT) Launches New Governance System, but Token Price Slumps Amid Bearish Market Trend
Ethereum (ETH) challenger Polkadot (DOT) is revamping its decision-making system with the introduction of a new decentralized and open governance platform, OpenGov. The launch of OpenGov places full control of the network in the hands of the Polkadot community by allowing holders of native token DOT to propose referenda. “Polkadot OpenGov, the pinnacle of governance …
XRP Allegedly Attacked By SEC’s Hinman For Ethereum’s Benefit
The legal battle between Ripple and the Securities and Exchange Commission (SEC) has taken a new twist as top lawyers accuse former SEC Director William Hinman of being paid to attack XRP in favor of Ethereum (ETH). Following the release of Hinman’s emails and drafts of his June 2018 speech, pro-XRP attorney John Deaton expressed …
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Percentage Of ETH Addresses In Profit Reaches 5-Month Low
The brutal bear market in crypto over the past few months has taken a serious toll on ETH’s price and profitability. The price of Ethereum has been stuck in a sideways range recently, and many ETH holders have been unlucky for it. According to data from Glassnode, the percentage of Ethereum addresses in profit has …
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Bitcoin Bullish Momentum Building: Expert Predicts Rise To $27,200
Bitcoin has been on a rollercoaster ride recently, with sudden price drops and spikes keeping investors on their toes. Last week, the cryptocurrency failed to break through its $27,500 resistance level and dropped to a low of $24,700. However, Bitcoin has again shown signs of regaining its bullish momentum, with a 5% increase in the …
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Curve (CRV) Observes 7% Bounce As Short Squeeze Occurs
Curve DAO token (CRV) has observed a 7% bounce during the last 24 hours as mass liquidations of short traders have occurred in the market. Curve Funding Rates Turned Extremely Negative Following Price Decline According to data from the on-chain analytics firm Santiment, an extreme amount of shorts had accumulated on the cryptocurrency exchange Binance …
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Shiba Inu Lead Developer Unveils Shibacals, Advancing Shibarium Development
In an exciting development for the Shiba Inu community, the top developer working behind the scenes has unveiled another project before the launch of Shibarium. The lead developer introduced their newest innovation, ‘Shibacals,’ bringing them one step closer to their ambitious vision. Shiba Inu enthusiasts and investors can anticipate even greater possibilities with this new …
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Nike teases upcoming ‘Airphoria’ NFT sneaker hunt on Fortnite
In a short promotional video, Nike’s logo for its web3 platform .SWOOSH features alongside the logos for Epic Games’ Unreal Engine and Fortnite game. News Join us on social networks Footwear and apparel giant Nike has hinted that it may soon drop a collection of sneaker nonfungible tokens in Epic Games’ widely popular online game …
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Billionaire Mike Novogratz Says BlackRock Filing for a Bitcoin ETF Is the Best Thing That Could Happen to BTC
Billionaire Mike Novogratz says that BlackRock filing for a Bitcoin (BTC) exchange-traded fund (ETF) is the best thing that could happen to the king crypto. In a new interview on The Claman Countdown, the Galaxy Digital chief executive says that he’s hoping for BlackRock, an investment firm with over $10 trillion in assets under management, …
On-chain sleuth ZachXBT sued for libel after claiming plaintiff drained funds from project
Plaintiff Jeffrey Huang claims his reputation was damaged when ZachXBT allegedly falsely accused him of embezzlement. News Join us on social networks Blockchain investigator ZachXBT has been sued for libel by one of the people he accused of fraud, according to a June 16 social media post. According to the post, Jeffrey Huang, known as …
Meta unveils speech generation AI: Voicebox
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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Mark Cuban debates crypto regulations with former SEC official
A recent Twitter exchange between two prominent figures in the world of finance and technology, entrepreneur Mark Cuban and former SEC official John Reed Stark, has drawn attention as an example of positive, civil discourse around complex and contentious issues. The billionaire and the former enforcement official engaged in a spirited debate over the intricacies …
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Billionaire Investor Mark Cuban Warns 99% of Crypto Assets Will Fail, Says ‘Winners Will Be Game Changers’
Billionaire celebrity investor Mark Cuban thinks the vast majority of digital assets will go bust – but he’s still a believer in crypto. This week, the Shark Tank star had a friendly debate on Twitter with John Reed Stark, a crypto skeptic who founded the U.S. Securities and Exchange Commission’s (SEC) Office of Internet Enforcement, …
Crypto Trader Calls Yesterday’s Bitcoin (BTC) Bounce but Admits to Possibly Misinterpreting One Key Metric
Widely followed crypto analyst Justin Bennett called yesterday’s Bitcoin (BTC) rebound hours before it happened. Yesterday, Bennett told his 112,400 Twitter followers that a Bitcoin bounce could be on its way after a rough week for the crypto king. “Pretty spot on from BTC so far but maybe a bounce soon to flush some shorts. Still a …
Crypto Exchange CoinEx Pays Over $1,700,000 To Resolve New York State Lawsuit As It Exits US Market
A Hong Kong crypto company was forced to pay more than $1.7 million in investor refunds and penalties after reaching an agreement with the New York State Attorney General (AG) Letitia James. James launched a lawsuit against the trading platform CoinEx in February, accusing the company of failing to register as a securities and commodities …