Genesis wants to use the shares’ initial value in claims and is not releasing additional collateral transferred by DCG, the suit claims. News Join us on social networks Cryptocurrency exchange Gemini filed an adversary proceeding against bankrupt crypto lender Genesis Global Holdco in the Southern District of New York Bankruptcy Court on Oct. 27. At issue …
Continue reading “Gemini sues Genesis over GBTC shares used as Earn collateral, now worth $1.6B”
Bitcoin is taking a breather after this week’s strong rally, but select altcoins may be getting ready to breakout over the next few days. Price Analysis Join us on social networks Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a …
Continue reading “Price analysis 10/27: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, MATIC”
Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router issued a joint statement criticizing the new token. News Join us on social networks A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and …
Continue reading “9 protocols criticize LayerZero’s ‘wstETH’ token, claiming it’s ‘proprietary’”
The former FTX CEO reportedly said the donations made in his name came from “loans from Alameda Research” as part of efforts to influence U.S. regulations on crypto. News Join us on social networks Sam “SBF” Bankman-Fried’s defense attorney Mark Cohen heard testimony from the former FTX CEO on his relationship with Caroline Ellison and …
Continue reading “Lawyer questions Sam Bankman-Fried on his political donations at trial”
The Bitcoin price rally has paused before it takes the next leg higher to target $40,000, but in the meantime pro traders have ponied up […] Go to Source
FTX founder Sam Bankman-Fried (SBF) took to the witness stand yesterday in his trial for fraud and conspiracy but there was no jury as the […] Go to Source
Two US Senators asked the US Department of Justice (DoJ) to take ”swift action” against Binance and Tether for aiding the militant group Hamas. “We […] Go to Source
Billionaire Ken Griffin’s Citadel Securities described as ”ridiculous” a claim by Terraform Labs that it was behind the collapse of the stablecoin terraUSD (UST). The […] Go to Source
A blockchain analysis firm that specializes in preventing crypto crimes is refuting claims that the Palestinian militant group Hamas raised millions worth of donations from digital asset fundraising campaigns. In a statement, Elliptic says there is no data to back up portrayals of crypto as a significant source of funding for Hamas and other terrorist …
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE. News Join us on social networks The Federal Reserve Board continues to research a central bank digital currency (CBDC), or at least adjacent technologies, vice chair Michael Barr said on Oct. 27. He …
Continue reading “Fed, BOE officials share continuing interest in CBDCs, stablecoin regulation”
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. News Join us on social networks The jury overseeing the criminal trial of Sam “SBF” Bankman-Fried listened to the former FTX CEO’s testimony for the first time, …
Continue reading “Sam Bankman-Fried denies defrauding FTX users at trial”
Sixteen startups selected from over 1000 applications will present their projects to a global audience. Announcement Join us on social networks Cointelegraph Accelerator, a startup booster that leverages Cointelegraph’s capabilities as a media and strategic partner, announced its second cohort launching in October 2023 for up-and-coming Web3 startups. Selected from over 1000 startup applications, the …
Bitcoin has “plenty of fuel” to get it to $40,000, analysis argues, as BTC price stares down the weekly and monthly candle close. Market Update Join us on social networks Bitcoin (BTC) surfed $34,000 at the Oct. 27 Wall Street open as attention turned to BTC price performance against macro assets. BTC/USD 1-hour chart. Source: …
Continue reading “Bitcoin beats S&P 500 in October as $40K BTC price predictions flow in”
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 “Bitcoin’s price surge not reflected by on-chain activity”
The U.S. government has raised concerns about digital asset companies failing to address the flow of illicit funds in the industry adequately. In an Oct. 27 speech delivered at London’s Royal United Services Institute, Wally Adeyemo, the U.S. Deputy Treasury Secretary, pointed out that some companies in the crypto industry are primarily focused on technological …
