Is SBF secretly behind BALD? Crypto Twitter debates latest conspiracy

Crypto Twitter has been set ablaze with a new conspiracy that Sam Bankman-Fried is secretly pulling the strings of a new memecoin on Base called BALD. News Join us on social networks Crypto Twitter has been abuzz with debate after a new conspiracy theory has suggested FTX founder Sam Bankman-Fried may be secretly behind one …

Crypto staking rewards are taxable once received: IRS

The U.S. tax department will be requiring taxpayers to count staking rewards as gross income at the time they gain “dominion” over the tokens. News Join us on social networks United States crypto investors must report crypto staking rewards as gross income in the year it was received, according to a new ruling from the …

Base’s largest DEX LeetSwap halts trading amid exploit concerns

Some analysts have provided possible ways the exchange was exploited and pinned potential initial losses at over $600,000. News Join us on social networks Decentralized exchange LeetSwap, which operates on Coinbase’s Base network has announced a pause on trading, citing concerns of a potential exploit. LeetSwap tweeted on Aug. 1 that it noticed some of …

Ethereum edges into top 50 global assets while Bitcoin climbs to 12th largest asset worldwide by market cap

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 …

Coinbase distances itself from CEO Brian Armstrong’s comments on SEC investigation

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 …

Digital Currency Group nearing settlement with Genesis creditors; reports $216M Q2 revenue as new CFO takes helm

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 …

German privacy watchdog has been investigating Worldcoin since November 2022

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 …

Judge Denies Do Kwon’s Motion To Dismiss SEC Lawsuit, Rejects Precedent Set By Ripple Ruling

A New York judge has rejected the ruling regarding XRP by Judge Analisa Torres in SEC v Ripple.  The decision to reject the Ripple precedent will allow the SEC to pursue the fraud lawsuit against Do Kwon and Terraform Labs.  Kwon and Terraform Labs previously cited Judge Torres’ ruling in a bid to get the …

BALD: A tale of the meme coin’s 24 hours period of glory

During the intraday trading session on Sunday, BALD’s value rallied by 4,000,000$. Its market capitalization almost touched $100 million in a single day as trading intensified. However, as the project’s developers remove liquidity from the BALD/WETH liquidity pool, the meme coin’s value has plummeted. Coinbase’s Layer 2 platform Base experienced a surge in user activity …

Nifty News: Yuga Labs to buy metaverse studio, Etihad NFT staking to take off and more

Roar Studios will be acquired by Yuga Labs as the latter looks to onboard talent for its still-in-development Otherside metaverse. News Join us on social networks Yuga Labs accelerates Otherside plan Nonfungible token (NFT) conglomerate Yuga Labs has agreed to acquire the metaverse-building startup Roar Studios as Yuga looks to bolster its Otherside metaverse. Yuga …

‘Let’s just diversify and see’ — Binance CEO on its stablecoin strategy

Due to regulatory and transparency risks, CZ says that spreading risk across different stablecoins is the key to longevity. News Join us on social networks Binance CEO Changpeng ‘CZ’ Zhao is looking to bring smaller algorithmic stablecoins to the market, in a bid to offer investors options other than the current global stablecoin giants. Speaking …

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