Bankrupt crypto lender Celsius is filing a lawsuit against a liquid staking platform, claiming that the firm owes it $150 million in crypto assets. New court documents reveal that Celsius is suing StakeHound, alleging that it willfully failed to pay them $150 million worth of digital assets. In the lawsuit, Celsius is asking StakeHound to …
Monthly archives: July 2023
What to expect from the first Coinbase-SEC hearing
As the first hearing since the SEC lawsuit on June 6, the conference is expected to be “procedural and administrative,” though it may also give a sense of the litigation’s tone. News Join us on social networks A pre-motion hearing set to take place on July 13 between the Securities and Exchange Commission (SEC) and …
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Crypto Miner HIVE Pivots To AI, Dumps Blockchain From Its Name
Crypto miner HIVE Blockchain has announced a pivot to artificial intelligence and web3. The Canadian crypto mining firm dumped blockchain from its name and rebranded itself as HIVE Digital Technologies. The former crypto miner plans to use its Nvidia graphic cards for cloud computing. The company’s stock closed 4.6% in the red with trading halted …
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Google Play updates terms to allow blockchain content for Android in Play Store
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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IRS investigating American crypto exodus to Puerto Rico
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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BNB Beacon Chain to introduce two security updates in upcoming hard fork
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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Elon Musk formally enters the AI market with new company, xAI
Elon Musk, CEO of Tesla, SpaceX, and Twitter, has announced the launch of his new artificial intelligence (AI) company, xAI, today. Musk, who was once part of the AI research nonprofit OpenAI, is now stepping into the arena with a venture that aims to “understand the true nature of the universe.” The fledgling company’s team, …
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UN greenlights Dynamic Coalition on Blockchain Assurance and Standardization to research emergent tech
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 …
Crypto crime is down 65% in 2023, though ransomware is still prevalent
Crypto-related crime is down a significant degree in 2023 compared to the preceding two years despite ransomware activity spiking to unprecedented highs, according to Chainalysis research. The Blockchain research firm’s data shows that cryptocurrency inflows to illicit services fell 65% on an annual basis, while inflows to risky services like mixers and high-risk crypto exchanges …
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Pro-XRP Lawyer Says Judge in Ripple Lawsuit Aware of Massive Importance of SEC Lawsuit Ruling
Pro-XRP lawyer John Deaton says U.S. District Judge Analisa Torres is aware of how important the outcome of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple is. Deaton, who represented XRP holders in the lawsuit, tells his 279,200 Twitter followers that the length of time Torres is taking to rule on the outcome …
Solana-Based Altcoin Project Rallies After Coinbase Announces Support for Trading
An altcoin project on the Solana (SOL) network is rallying after top US crypto exchange Coinbase announced the digital asset will soon be listed on its platform for trading. According to a new announcement, Coinbase plans to list Helium (HNT) beginning Wednesday when appropriate liquidity conditions are met. Says Coinbase, “Coinbase will add support for Helium …
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Bank of England Governor Blasts Bitcoin (BTC) and Stablecoins, Touts Other Forms of Digital Money
Bank of England’s governor Andrew Bailey says that crypto assets have various limitations that prevent them from being used in the existing financial system. In a speech delivered earlier this week, Bailey says that crypto assets such as Bitcoin (BTC) and stablecoins fail to qualify as money. “Let me move on to crypto assets, as …
Coinbase Launches Feature Allowing for Direct Messaging Between Ethereum Addresses
Top US-based crypto exchange platform Coinbase is launching a new feature that would allow private direct messaging between Ethereum (ETH) addresses. In a new thread, Coinbase says that it is rolling out a new decentralized chat feature for its wallet powered by web3 chat protocol XMPT that aims to grant users ownership of their chats. …
BNB’s soaring futures open interest and regulatory woes weigh on the altcoin’s price
Persistent regulatory actions and concerning derivatives data are likely the main factors behind BNB’s bearish price action. Market Analysis Join us on social networks The price of BNB has experienced a 24.5% decline over the past 90 days, despite a 7% gain between July 10 and July 11. BNB (BNB) has performed worse than the overall …
Google Play Store officially allows NFT games, but not gambling ones
The store’s team said games can offer NFTs for sale or to earn, but developers must declare this feature in their game’s descriptions and must not allow gambling. News Join us on social networks The Google Play store now allows video game publishers to sell nonfungible token (NFT) games in its store, according to a …
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