The exchange said it “erroneously deposited” $50,000 into a user’s account in June 2022, receiving no response to requests to return the funds. News Join us on social networks Cryptocurrency exchange Crypto.com has petitioned a Florida court to confirm a judgement in its favor through arbitration after the platform mistakenly deposited $50,000 into a user’s …
Monthly archives: July 2023
DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
The top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish correction. Newsletter Join us on social networks Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments …
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Elon Musk’s lawyers respond to motion to kick Tesla team off Dogecoin case: ‘Waste of this court’s time’
The strongly worded legal filing comes in response to an attempt to have Tesla’s lawyers sanctioned over supposed conflicts of interest and alleged misconduct. News Join us on social networks Lawyers representing billionaire Elon Musk and Tesla asked a United States district court judge to toss out a motion to have them sanctioned over alleged …
Ether price charts reflect weakness, but inflow to LSDFi could prevent an ETH sell-off
ETH price still struggles to conquer the $2,000 level, but growth in LSDFi could prevent a sharper sell-off. Market Analysis Join us on social networks Ether has been on a downward trend, with the $2,000 level forming a crucial resistance level in recent months. While Bitcoin (BTC) recorded 11.94% gains, moving past $30,000 in June after …
BlackRock CEO Larry Fink Calls BTC Digital Gold, Says Spot Bitcoin ETF Will Democratize Crypto Investments
BlackRock CEO Larry Fink believes that a spot Bitcoin (BTC) exchange-traded fund (ETF) would make crypto investments more accessible to a broader range of people. During a recent interview with Fox Business, Fink said that ETFs have been a game-changer for the finance industry and have the potential to bring further innovation. “We’re a believer …
Gemini Sues Barry Silbert And His Company DCG Alleging Fraud Against Earn Users
Summary: Barry Silbert, DCG, and Genesis knowingly committed fraud against Gemini customers, the lawsuit filed today alleges. Gemini insists that Genesis and DCG owe over $700 million to Earn users since late last year. The suit is the latest development in an ongoing spat between the company founded by the Winklevoss twins and Barry Silbert’s …
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Crypto community questions SEC probe into DeFi protocol BarnBridge
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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Majority of FSI customers comfortable with crypto, less so AI – Salesforce survey
A 2023 H1 survey from Salesforce, which covered 6,058 financial service institution (FSI) customers worldwide, offered significant insights into sentiments surrounding artificial intelligence (AI), cryptocurrency, and the digital shift in the financial services industry. According to the Salesforce Financial Services Report, the survey was conducted from March 7 to April 12, 2023, and encompassed respondents …
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Binance sees nearly $2B inflow amid exit of key executives
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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Riot leverages Texas power strategy to fund operations as BTC balance increases
Riot Platforms, Inc. recently reported its June 2023 Bitcoin mining performance, revealing that it produced 460 Bitcoin while executing an effective power strategy. The mining firm produced 40% fewer Bitcoin in June, mining just 460 BTC compared to 757 BTC in May. Metric June 2023 May 2023 June 2022 Month/Month Year/Year Bitcoin Produced 460 676 …
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Unemployment rate stays at historic lows, Bitcoin jumps 1.5%
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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GPT-4 API now available to all, as OpenAI goes all-in on chat
The global tech industry is witnessing a milestone as the much-anticipated GPT-4 API from OpenAI becomes widely accessible to all paying customers. The GPT-4 API has been desired by developers worldwide since its introduction in March, but to date, it has only been available to select customers. Now, these developers will have the opportunity to leverage …
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Ethereum Whales Transfer Over $140,000,000 in ETH – Here’s Where the Crypto’s Headed
Deep-pocketed Ethereum (ETH) investors are shifting over a hundred million dollars worth of ETH into prominent crypto exchange platforms. New data from Whale Alert, a platform dedicated to tracking crypto whale activity, finds that high-net-worth ETH investors have moved nearly $140,000,000 worth of the leading smart contract platform into Coinbase, Kraken, and OKX. In one …
AI has potential to send Bitcoin price over $750K — Arthur Hayes
The coming years will be explosive for AI, and even more so for Bitcoin, says the former BitMEX CEO. Markets News Join us on social networks Bitcoin (BTC) will be the currency of artificial intelligence (AI) and could reach a price per coin of $760,000 in the process, Arthur Hayes says. In his latest essay …
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George Bachiashvili’s lawyer denies $39M Bitcoin misappropriation charges
The Prosecutor’s Office of Georgia alleges that billionaire George Bachiashvili misappropriated 8,253.13 Bitcoin in 2017, worth $39 million at the time. News Join us on social networks The legal team representing the billionaire entrepreneur George Bachiashvili has issued a statement denying the criminal charges filed by the Prosecutor’s Office of Georgia, alleging that the businessman …
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