Federal prosecutors in the United States want Sam Bankman-Fried to be jailed ahead of the FTX trial. The prosecutors argued that the court should reverse Bankman-Fried’s pre-trial release for the safety of the community. The FTX founder previously came under fire for providing personal writings of a trial witness to the New York Times. The …
Continue reading “U.S. Prosecutors Ask Judge To Revoke FTX Founder Sam Bankman-Fried’s Bail”
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 …
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 …
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 …
A new CNBC feature on July 26 highlighted that Wall Street’s view on blockchain technology remains bullish as the pressure from market dynamics and the need for innovation push the American financial system to explore blockchain technology for future growth. .According to Tanaya Macheel of CNBC, Wall Street views blockchain as a solution to inefficiencies …
Meanwhile, Meta’s metaverse-building business has racked up around $21 billion in losses since the start of 2022. News Join us on social networks Meta’s metaverse-related losses topped $3.74 billion over the second quarter with the Big Tech player spending $7.7 billion on its virtual reality business so far in 2023. Its second-quarter 2023 results released …
Continue reading “Meta’s metaverse money pit sinks by $3.7B as CEO eyes Threads retention”
The former vice chairman of the U.S. Federal Reserve thinks the Fed could hike interest rates two more times. In a new interview with CNBC, Roger Ferguson, who served as the Fed’s vice chairman from 1999 to 2006, says that the first rate hike after July is “certainly baked in.” “I think there are a …
A widely followed analyst is issuing a warning to traders about Bitcoin (BTC), saying that history suggests the king crypto is at a high risk of correcting. In a new strategy session, Benjamin Cowen tells his 784,000 YouTube subscribers that the top crypto asset by market cap tends to break through its bull market support …
Crypto exchange Binance and its CEO Changpeng Zhao are planning to submit legal motions requesting the dismissal of the Commodity Futures Trading Commission’s (CFTC) lawsuit against the company. According to a new court filing, several Binance business entities, Zhao and Binance’s former chief compliance officer Samuel Lim intend to file two separate motions by July …
The U.S. Securities and Exchange Commission (SEC) has charged a California crypto project for a 2017 initial coin offering (ICO) that netted nearly $30 million. According to a new SEC order, the regulator accused blockchain auditing project Quantstamp of violating securities law when it sold its QSP token without properly registering with the agency. The …
Continue reading “SEC Charges California Crypto Project for $28,000,000 ICO in 2017”
Fabian Vogelsteller has been working full-time to create his new blockchain since 2018, with its mainnet launching just this May. Interview Join us on social networks In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, …
Continue reading “ERC-20 inventor discusses origins, new blockchains, BRC-20 and more”
Assistant U.S. Attorney Danielle Sassoon reportedly said SBF made roughly 100 calls to a reporter behind The New York Times story that revealed Caroline Ellison’s private journals. News Join us on social networks A federal judge overseeing the criminal case against Sam Bankman-Fried, also known as “SBF,” will reportedly consider revoking the former FTX CEO’s …
A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS. Follow up Join us on social networks Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United …
Canada’s financial regulator has proposed new capital guidelines for financial institutions and insurers that hold crypto. The OSFI’s new guidelines will be open for public consultation till September 20, 2023. The new capital and liquidity rules will replace the interim advisory on the regulatory treatment of crypto asset exposures. The top financial regulator in Canada …
Continue reading “Canadian Regulator Unveils New Capital Rules For Crypto Assets”
A new US law requiring citizens to report crypto payments worth more than $10,000 is primed to take effect in January after a legal challenge to the requirement was swatted down in court last week. The legal challenge began last year when the crypto advocacy group Coin Center and a handful of other plaintiffs sued …
