Lawyers representing Gemini Trust filed a response in bankruptcy court to Digital Currency Group’s plan claiming to offer unsecured creditors a “70–90% recovery.” News Join us on social networks Lawyers representing Gemini Trust have pushed back against a plan proposed by Digital Currency Group (DCG) for creditors of Genesis Global. In a Sept. 15 filing …
Continue reading “Gemini legal team accuses DCG of ‘gaslighting’ Genesis creditors”
This week’s Crypto Biz looks at PayPal’s crypto gateway, Franklin Templeton’s BTC ETF filing, Coinbase’s Lightning Network integration, and Meta’s plans for a new AI model. News Join us on social networks Without aggressive marketing tactics, fintech giant PayPal is quietly and consistently venturing deeper into the crypto space, rolling out features and building key …
The focus on blockchain Oracle protocols, such as Chainlink (LINK), has been growing, reflecting the rapid adoption of smart contracts. These Oracle protocols are vital to the crypto industry, acting as channels for external data that drive the automation of smart contracts. As the worlds of DeFi and traditional finance converge, the significance of oracles …
Continue reading “RedStone redefines blockchain oracle scene with innovative design”
In a series of unpublished documents recently uncovered by The New York Times, Former FTX CEO Sam Bankman-Fried extensively criticized colleagues and associates, expressing his views on the demise of FTX. Some 250 pages of documents, not publicly available, were initially handed to social media influencer Tiffany Fong by Bankman-Fried during his period of house …
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 CEO Brian Armstrong says the U.S. Commodity Futures Trading Commission (CFTC) shouldn’t be issuing warnings against decentralized finance (DeFi) protocols. Last week, the CFTC announced that it charged DeFi protocols ZeroEx, Opyn and Deridex for offering illegal derivatives trading. The regulator says it also ordered the three firms to pay monetary penalties and to cease and …
A widely followed crypto analyst is sharing what he calls a “cheatsheet” for reading Bitcoin (BTC) price movements as the next halving approaches. Pseudonymous trader Rekt Capital shares a graph with his 351,800 followers on the social media platform X that suggests BTC’s current prices are within the expected pre-halving range. “The Bitcoin Halving Cheatsheet.” …
The second-largest stablecoin by market cap, USD Coin (USDC), is now available natively on the Ethereum (ETH) competitor NEAR Protocol (NEAR). In addition to NEAR, USDC is also available natively on Algorand (ALGO), Arbitrum ( ARB), Avalanche (AVAX), Base, Ethereum, Flow, Hedera (HBAR), Noble, Optimism (OP), Solana (SOL), Stellar (XLM), and Tron (TRX). Explains USDC’s issuer …
The U.S. Securities and Exchange Commission (SEC) is accusing Binance of holding back information during the discovery phase of the regulator’s lawsuit against the crypto exchange. In a new court filing, the regulatory agency says that Binance refuses to cooperate and is only providing “extremely limited information” even though the court has issued a consent …
The documents filed Aug. 28 may be seen by the public in a week. They are not all the sealed documents in the case, however. News Join us on social networks Observers should soon get a look at some of the sealed documents in the United States Securities and Exchange Commission’s (SEC) case against Binance. …
Continue reading “SEC reverses decision on sealing, redacting some documents in Binance.US case”
German banking giant Deutsche Bank just entered a global agreement with Swiss digital asset infrastructure firm Taurus that anticipates further growth in crypto adoption. In a statement, Taurus says the partnership will enable Deutsche Bank to use its custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital currencies. Says Taurus co-founder Lamine Brahimi, …
The recovery in Bitcoin and altcoins is facing selling at higher levels, indicating that the overall sentiment remains negative. Price Analysis Join us on social networks Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support …
Continue reading “Price analysis 9/15: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC”
BTC price all-time highs await Bitcoin hodlers before April 2024, says BitQuant — but what happens after will be even bigger. Markets News Join us on social networks Bitcoin (BTC) has a $250,000 target for after its next block subsidy halving — but new all-time highs will come sooner. That is the latest BTC price …
Continue reading “Bitcoin price all-time high will precede 2024 halving — New prediction”
Though subject to court approval, the two firms have agreed on a settlement in which Celsius will purchase a $45-million mining data center from Core Scientific for $14 million. News Join us on social networks Crypto mining firm Core Scientific has announced an agreement with lending company Celsius Network to settle a legal battle that …
Continue reading “Celsius and Core Scientific propose $14M settlement for litigation”
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 “Tether denies affiliation with Justin Sun-linked stUSDT protocol”
