Serum (SRM) price is trading at $0.08995 at 12 pm EST with a bullish bias after displaying an impressive surge on Tuesday. SRM price spiked […] Go to Source
Monthly archives: August 2023
GameStop Terminates Crypto Wallet Service Due to US Regulatory Uncertainty
Video game retailer GameStop said it will terminate support for crypto wallets from November as a result of regulatory uncertainty in the US. The move […] Go to Source
Australian financial regulator sues eToro over ‘volatile’ trading products
The Australian Securities and Investments Commission alleged eToro users with no understanding of CFD product risks could still buy them on the platform. News Join us on social networks Australia’s financial regulator has sued eToro over its contract for difference (CFD) product, alleging the trading platform used insufficient screening tests when offering the leveraged derivative …
Continue reading “Australian financial regulator sues eToro over ‘volatile’ trading products”
Minnesota Couple Loses Over $9,200,000 After ‘LinkedIn Adultress’ Misleads Man into Crypto Scam: Report
A couple from Eden Prairie, Minnesota are down nearly $10 million after one of them fell victim to a crypto romance scam over LinkedIn. Police in the North Star State say a man was enticed by hitting the jackpot in a purported investment scheme that promised to pay out massive yields, according to a report …
KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report
The report compares Bitcoin energy usage to that of clothes dryers (equal) and its emissions to those of manure (much less) in a slight but readable document. News Join us on social networks KPMG has released a report on Bitcoin and ESG (environment, social and governance) issues. The professional services firm, one of the world’s …
Continue reading “KPMG touts ESG benefits from Bitcoin, counters misperceptions in new report”
Robinhood turns profitable in Q2, but crypto revenue declines
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline. News Join us on social networks Robinhood released its second-quarter results, achieving profitability for the first time since becoming a public company, despite a drop in revenue in the second …
Continue reading “Robinhood turns profitable in Q2, but crypto revenue declines”
DOJ’s Potential Fraud Charges Against Binance Lead to 4% Decline In BNB
The U.S. Department of Justice is reportedly considering fraud charges against Binance. Federal prosecutors are concerned about the possibility of a bank run on the exchange. The prosecutors may hit the exchange with fines or come to non-prosecution agreements to protect its users. Reports of potential charges against the exchange have led to a 4% …
Continue reading “DOJ’s Potential Fraud Charges Against Binance Lead to 4% Decline In BNB”
CME Bitcoin futures hit new highs as investor interest surges
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 …
Continue reading “CME Bitcoin futures hit new highs as investor interest surges”
Asset managers’ interests pivot to Ethereum futures ETFs
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 …
Continue reading “Asset managers’ interests pivot to Ethereum futures ETFs”
Ripple accuses SEC of weaponizing the company’s quarterly reports in court
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 …
Continue reading “Ripple accuses SEC of weaponizing the company’s quarterly reports in court”
U.S. Department of Justice weighing Binance criminal charges against risk of market panic: Report
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 …
Inside stablecoin supply dynamics as TUSD shakes up the market
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 …
Continue reading “Inside stablecoin supply dynamics as TUSD shakes up the market”
FTX CEO Says Embattled Exchange Ready for Bankruptcy Plan That Will Extinguish FTT Token Claims
The bankrupt crypto exchange FTX has submitted a draft reorganization plan to the courts to pay back creditors. The draft plan, filed with a US bankruptcy court on Monday, calls for scrapping claims based on holdings of the disgraced company’s native token, FTT. The draft says the FTT-based claims against the exchange should be dropped …
Jack Dorsey Tells Coinbase CEO Brian Armstrong He’s ‘Happy To Partner’ on Building Bitcoin Payments System
Tech mogul Jack Dorsey says he’s willing to work with Coinbase CEO Brian Armstrong to build a Bitcoin (BTC) payments system. Dorsey responded to Armstrong after the CEO said there was a big need for a worldwide free and instant crypto payments system. Says Armstrong, “The next step for crypto is to make payments instant …
IRS Says Staking Rewards Can Now Be Taxed As Income Once Tokens Are Received
The Internal Revenue Service (IRS) says that US crypto traders staking rewards will now have to treat those earnings as part of their taxable income that year. Staking involves investors locking up their crypto assets into the blockchain in order to validate transactions and obtain rewards. Explains the IRS, “If a cash-method taxpayer stakes cryptocurrency …
Continue reading “IRS Says Staking Rewards Can Now Be Taxed As Income Once Tokens Are Received”