Ethereum (ETH) Records Highest CEX Inflows In 2 Months

Over the past week, Ethereum (ETH) registered the highest inflows into centralized exchanges (CEX) in the past two months. These significant asset movements have suggested a potential price dip for ETH. CoinGecko data shows that the second-largest cryptocurrency has been experiencing a slight price decline, losing 2.5% of its value in the past week. As …

How Did Shiba Inu Price React To 3 Trillion SHIB Investor Accumulation?

Shiba Inu (SHIB) has emerged as a force to be reckoned with in the digital asset landscape despite the lack of significant bullish momentum in the past few weeks. However, recent events have catapulted this canine-inspired cryptocurrency into the spotlight, as an astonishing 3 trillion SHIB tokens were accumulated by investors.  Cryptocurrencies are renowned for …

SEC reviews Ripple ruling, US bill seeks control over DeFi, and more: Hodler’s Digest, July 16-22

Top Stories This Week Chair Gensler says SEC reaction to Ripple decision is mixed, still under consideration U.S. Securities and Exchange Commission Chair Gary Gensler has commented publicly about the recent ruling on the agency’s suit against Ripple, saying the SEC is “still looking at it and assessing that opinion.” Gensler declined to comment further …

Solana’s Parrot Protocol submits proposal to go tokenless, investors risk face -89% returns

The proposal calls for the redemption of PRT tokens for liquid treasury value, and the transition to a no-token protocol. Community members referred to the move as a “financial crime”. News Join us on social networks A recent proposal from Parrot Protocol’s team, a Solana-based liquidity network, has sparked controversy among its community members. The …

SEC says part of the Ripple ruling was ‘wrongly decided,’ hints at filing appeal

The U.S. Securities and Exchange Commission (SEC) said that a portion of the Ripple ruling was “wrongly decided,” according to documents filed in court on July 21. The part of the ruling referred to — the part that went against the SEC — stated that the sale of XRP on exchanges did not constitute a …

Why RFK’s idea of a Bitcoin-backed dollar is a monetary mirage

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 …

Ethereum-Based Decentralized Finance Protocol Loses $3,260,000 in ETH to Hackers

A decentralized finance (DeFi) protocol built on top of the smart contract platform Ethereum (ETH) has been hacked to the tune of about $3.2 million. New data reveals that Conic Finance (CNC), which provides omnipools, or liquidity pools that allow all trades on a network to occur in a single transaction, to Curve Finance (CRV) …

U.S. Department of Justice More Than Doubles Number of Attorneys Available To Work Criminal Crypto Cases

The U.S. Department of Justice (DOJ) is revamping the organization of its cybercrime offices and more than doubling the number of attorneys available to work criminal crypto cases, according to an official. Nicole M. Argentieri, the Principal Deputy Assistant Attorney General of the DOJ’s Criminal Division, delivered a speech on Thursday in Washington DC outlining …

Ripple applies for crypto license in the United Kingdom

Ripple applied for a registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA) after its partial win against the U.S. SEC. News Join us on social networks Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom’s Financial Conduct Authority (FCA), a …

Couple Who Allegedly Laundered Bitcoin (BTC) From Massive 2016 Bitfinex Hack Appear To Reach Plea Deal

The notorious crypto couple accused of attempting to launder billions of dollars worth of Bitcoin (BTC) from the massive 2016 Bitfinex hack appears to have reached a plea agreement. Court records indicate Ilya Lichtenstein and his wife Heather Morgan reached a plea deal with prosecutors this week, though the agreement’s details are not yet public …

Celsius Network reaches settlements to exit bankruptcy

Bankrupted crypto lender Celsius Network reached two settlements that may allow the return of assets to customers and end its bankruptcy proceedings. News Join us on social networks Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July …

The future of payments: How blockchain is reshaping business transactions and consumer remittances

Blockchain technology has made significant advancements across various sectors, but it can be challenging to distinguish between real-world applications and lofty promises. Two standout cryptocurrency use cases have begun to showcase their transformative power: business transactions and consumer remittances. Both areas currently suffer from inefficiencies in the current system, such as high fees and slow …

Celsius reaches settlement that will enable users to receive assets by year-end

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 …

Shifting sands: Japan and China’s decreasing holdings in U.S. treasury securities

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 …

Pro-XRP Lawyer Says Favorable Ripple Ruling Less Likely To Be Overturned on Appeal – Here’s Why

Pro-XRP attorney Jeremy Hogan says that the historic ruling in the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple will likely withstand an appeal. In a new YouTube interview with Darren Moore Jr., Hogan says that Judge Analisa Torres ruled in favor of Ripple based on the Howey Test while couching her decision on the …

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