Digital assets manager CoinShares says that one top Ethereum (ETH) rival is being cherished over all other altcoins this year. In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that while the overall digital asset markets suffered minor outflows last week, Solana (SOL) saw minor inflows for the ninth consecutive week. “While Solana saw …
Monthly archives: September 2023
Crypto casino Stake reopens withdrawals just 5 hours after $41M hack
The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers. News Join us on social networks Crypto betting platform Stake has reopened deposits and withdrawals and resumed services for users only five hours after the platform was hacked to …
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Digital euro can ward off a host of private payment service ills: ECB official
Private payment services can gain a monopoly with no benefit to other market players or economic stability, ECB board member Fabio Panetta said. News Join us on social networks The European Central Bank (ECB) is quite happy with the European Commission’s legislative proposals for the digital euro. ECB executive board member Fabio Panetta told the …
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Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damages
The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder Eric Schiermeyer filed on Aug. 31, alleges wrongdoing on the part of another co-founder, Wright Thurston. The case additionally names Thurston’s investment vehicle, …
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UK Government publishes objectives for upcoming AI Safety Summit
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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Crypto betting platform Stake silent on reported $41M fund drain
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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Binance records mild outflow as another top executive leaves
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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Binance CEO Makes Bull Run Prediction As Uniswap Volume Surpasses Coinbase
Binance CEO Changpeng Zhao has an optimistic outlook on decentralized finance (DeFi) following the court’s recent ruling on an investor suit against the decentralized crypto exchange (DEX) Uniswap. Last week, Judge Katherine Polk Failla of the Southern District of New York dismissed the case that sought to make Uniswap (UNI) accountable for the financial losses …
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Whale With a History of Profitable Trades Goes Long on Ethereum-Based Casino Coin: On-Chain Data
A deep-pocketed investor with a profitable trade history is once again taking a large long position on one casino-related digital asset, according to on-chain data. Blockchain tracking firm Lookonchain says the “smart money” whale once again loaded up on crypto gambling platform Rollbit’s native token RLB at the start of September, after several profitable trades …
More Than Half of All Adults in High-Inflation Turkey Are Crypto Investors: KuCoin Study
A new study from the crypto exchange KuCoin suggests that over half of all adults in the country of Turkey own digital assets. KuCoin says that in the last 18 months, crypto investing has increased from 40% to 52% in Turkey, with a rising trend in female participation. “While male investors still dominate at a …
DYDX Token Slated To Be Native Asset for New Standalone Blockchain After Unanimous Vote
DYDX holders have voted to make the token the native asset for the new soon-to-be-launched dYdX Chain as the decentralized exchange (DEX) gears up to migrate from Ethereum (ETH) to its own network. According to snapshot data, the proposal, which was launched by crypto market maker Wintermute, concluded virtually 100% in favor of ‘Yes’ to …
Grayscale victory, SEC delays decision on Bitcoin ETFs: Law Decoded
Grayscale victory doesn’t help Bitocoin spot ETF approval on first deadline as SEC postpones decison to next deadline. Newsletter Join us on social networks On Aug. 29, crypto asset manager Grayscale Investments scored a major victory against the United States Securities and Exchange Commission in its efforts to convert its over-the-counter Grayscale Bitcoin Trust (GBTC) …
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Serenity Shield Wins ‘Best Technology Company’ at the Sixth Annual Burj CEO Awards
September 4, 2023 – Paris, France Serenity Shield, a front-runner in technological innovation and disruptive solutions, proudly announces its win for ‘Best Technology Company’ at the illustrious sixth edition of the Burj CEO Awards. The accolade was presented during a grand ceremony aboard a luxurious Norwegian Cruise Lines Mediterranean cruise. The Burj CEO Awards stand …
Sam Bankman-Fried Collected $905,768,503 in Cash Payments From FTX Months Prior To Collapse: Court Filing
Disgraced FTX founder Sam Bankman-Fried received close to a billion dollars in cash payments in the months leading up to the bankruptcy of the crypto exchange. A recent court filing shows that Bankman-Fried began to collect millions of dollars in cash payments from FTX as early as January 2022 until October of the same year, …
Failure to tax the metaverse ‘will create a tax haven’ — Harvard legal expert
Harvard scholar Christine Kim writes that income and wealth in the metaverse should be subject to immediate taxation. News Join us on social networks Harvard legal scholar and Yeshiva University law professor Christine Kim recently published a research paper detailing arguments for not only taxing the metaverse but treating it as “a laboratory for experimenting …
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