North Korean hackers swipe over $100M from Atomic Wallet users

According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack. News Join us on social networks Atomic Wallet, a noncustodial decentralized wallet, has been hit by a staggering exploit, leading to users reporting losses of their entire cryptocurrency portfolios. This unforeseen breach has sent shockwaves through the …

Hinman documents suggest SEC is the wrong agency to govern digital assets, crypto lawyer says

John Deaton, a crypto lawyer and founder of CryptoLaw, told Cointelegraph that released Hinman documents highlight the need for Congress to intervene and provide clarity in governing digital assets. News Join us on social networks On June 13, the long-awaited Hinman documents were finally unsealed and released to the public. The unveiled documents offer valuable …

Ripple’s chief legal officer calls for investigation after release of Hinman docs

XRP spiked to $0.5668, marking a 10-week high, as documents related to former Securities Exchange Commission (SEC) Director William Hinman were made public. The SEC filed against Ripple in December 2020, alleging the company and two senior executives had raised $1.3 billion through the sale of XRP tokens – which the agency deems unregistered securities. …

Cardano’s DeFi TVL surges past 500 million ADA amid growing ecosystem interest

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 …

Taiwan’s second-largest telecoms company explores investments in local crypto firms

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 …

Hong Kong seeks fast regulatory action on stablecoins

According to the local news outlet The Standard, Hong Kong is making strides in creating a clear framework for stablecoins pegged to traditional financial assets. The Hong Kong Monetary Authority (HKMA) aims to introduce the proposed comprehensive regulatory framework for stablecoins within 18 months. Stablecoin regulatory progression With Hong Kong’s progressive approach to stablecoin regulations, …

May CPI report shows disinflation persisting as Bitcoin rises

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 …

Billionaire Mark Cuban Says SEC Treating Crypto Different Than Other Industries – Here’s What He Means

Billionaire celebrity investor Mark Cuban thinks the U.S. Securities and Exchange Commission (SEC) is treating crypto differently than other industries. The Dallas Mavericks owner highlights the SEC’s approach to the stock loan industry as an example of how the regulator appears to be using its powers differently against the crypto space. “Note, they are not …

$7,600,000,000 Venture Capital Firm Expands to the UK, Says Crypto Can Only Succeed With Clear Regulatory Regime

US-based venture capital firm Andreessen Horowitz (a16z) says that it is expanding to the United Kingdom (UK) because crypto regulations are clearer there. In a new announcement, Chris Dixon, the founder of Andreessen’s $7.6 billion a16z crypto fund, says that crypto can only succeed where governments are establishing clear rules for digital assets. The announcement …

Bitcoin price rejects CPI boost as market Fed rate pause odds near 95%

Bitcoin falls back in line almost immediately after closing the weekend’s CME futures gap near $26,500. Market Update Join us on social networks Bitcoin (BTC) fell back in line at the June 12 Wall Street open after a brief macroeconomic data jolt failed to shift the status quo. BTC/USD 1-hour candle chart on Bitstamp. Source: …

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