Hong Kong police arrested eight people in connection with a suspected $152 million fraud at beleaguered crypto exchange JPEX. The police have received 1,641 complaints […] Go to Source
Monthly archives: September 2023
Judge Tells Binance.US and SEC To Work Things Out Together, Doesn’t Grant Regulator’s Requests
A federal judge told Binance.US and the US Securities and Exchange Commission (SEC) to work things out together as he declined the regulator’s requests to […] Go to Source
FTX Sues Bankman-Fried’s Parents, Says They Plundered It For Their Own Gain And Pet Projects
FTX has sued the parents of FTX founder Sam Bankman-Fried to “recover millions of dollars in fraudulently transferred and misappropriated funds.” FTX also wants damages […] Go to Source
Benjamin Cowen Outlines Bitcoin Forecast, Says BTC Setting Up for Likely Rejection at Resistance
Crypto strategist Benjamin Cowen believes that Bitcoin (BTC) will continue on a downward trend for months after retesting a key price range. Cowen tells his 787,000 YouTube subscribers that Bitcoin will likely move upward in the short term to test its bull market support band only to decline afterward, confirming the larger bearish trend. The …
Chainlink Creator Sergey Nazarov Says Value From TradFi Can Now Flow Into Public Blockchain Industry
Sergey Nazarov, creator of Chainlink (LINK), says recent experiments have proved that banks and traditional financial institutions can now connect to hundreds of different blockchains easily. In a new interview with Jill Malandrino, a reporter for Nasdaq, Nazarov touches on a recent Chainlink-based experiment conducted by SWIFT and a group of banking giants including Citi, …
Crypto Exchange CoinEx Promises Generous Bug Bounty Reward to Hacker Following $70,000,000 Exploit
Days after suffering a security breach, crypto exchange CoinEx is attempting to reach out to the hackers responsible for the incident. In an open letter to the hackers, CoinEx says it is ready to reward the perpetrators of the theft with a “generous bug bounty” if the stolen assets are returned. “We hope you recognize the …
Grayscale CEO Michael Sonnenshein Says US Has Chance To ‘Assert Its Dominance’ With Crypto Regulation
The chief executive of digital asset management giant Grayscale says US regulators have a chance to allow America to dominate the crypto space. In a new interview with Yahoo Finance, Grayscale CEO Michael Sonnenshein says crypto’s market cap is still “quite small and in its infancy” compared to the broader financial spaces. According to Sonnenshein, for crypto …
Chamber of Digital Commerce launches Digital Power Network miners’ coalition
The new advocacy group already represents over half the country’s Bitcoin hash rate and will seek to shape energy policy and champion Bitcoin and blockchain. News Join us on social networks Cryptocurrency miners have a new voice in Washington with the launch of the Digital Power Network (DPN), a new coalition affiliated with the Chamber …
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Interest rate hikes may pause very soon — Here’s why
This week, The Market Report discusses Bitcoin’s recent price action and the upcoming FOMC meeting, where some speculate interest rates might be paused. Cointelegraph YouTube Subscribe Join us on social networks On this week’s episode of The Market Report, analyst Marcel Pechman discusses Bitcoin’s (BTC) strength ahead of the United States Federal Reserve’s Federal Open Market …
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Sam Bankman-Fried’s father dragged his mother into an FTX US salary dispute
A complaint filed in bankruptcy court claimed Joseph Bankman involved Barbara Fried when answers from neither his son or FTX US satisfied concerns around his $200,000 annual salary. News Join us on social networks Joseph Bankman, the father of former FTX CEO Sam Bankman-Fried (SBF), complained to his son about the salary he was receiving …
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CZ post on X about Ceffu and Binance.US contradicts SEC claims, adds to confusion
“It is more than likely that BAM still doesn’t understand what Ceffu is,” the SEC stated after trying to untangle the web of relationships between entities. News Join us on social networks After a judge declined to give the United States Securities and Exchange Commission (SEC) unfettered access to Binance.US software at a hearing on …
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US Lawmakers To Review Bill on Preventing Creation of CBDC This Week
US lawmakers are reviewing a bill this week that would prevent the Federal Reserve from carrying out experiments related to the use of a central bank digital currency (CBDC). Congressman Alex X. Mooney (R-WV) introduced the “Digital Dollar Pilot Prevention Act” in May. The potential law, labeled H.R. 3712, aims to close a loophole that …
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Dexalot Unveils SimpleSwap and SimpleView Features for Enhanced User Experience
September 19, 2023 – New York, New York Dexalot – the DEX (decentralized exchange) operating on an Avalanche Subnet – has launched two major new features. SimpleSwap and SimpleView work in harmony, helping traders benefit from AMM-style swaps and greater portfolio visibility respectively. As a CLOB (central limit order book) exchange, Dexalot incorporates more sophisticated …
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Latvia central bank opens to fintech with ‘Innovation Hub’
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally. Interview Join us on social networks Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them. While some countries like the United …
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Changpeng Zhao denies Binance.US ever used Ceffu to custody funds, contradicting court filings
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 …