Terraform co-founder Shin blames protocol for collapse during trial in S. Korea

Daniel Shin claimed he and Do Kwon parted ways before the collapse of the Terra/Luna ecosystem was imminent and that he had nothing to do with it. News Join us on social networks The trial of payment platform developer Terraform Labs co-founder Shin Hyun-Seong, also known as Daniel Shin, and seven others got underway in …

Sam Bankman-Fried Describes Fearing ‘Run on the Bank’ Before FTX Collapse in November of Last Year: Report

The disgraced former CEO of the bankrupt crypto exchange FTX is testifying in his own fraud trial against the US government. In court transcripts recorded by Inner City Press, Sam Bankman-Fried (SBF) recounts the day that Binance’s Changpeng Zhao (CZ) tweeted that the world’s largest crypto exchange by trading volume was liquidating all of its FTX …

Bitcoin to Repeat 2019 Correction? Trader Outlines ‘Worst-Case Scenario’ for BTC

A widely followed crypto analyst is outlining what a “worst-case scenario” could look like for Bitcoin (BTC) ahead of the expected April 2024 halving event. Pseudonymous crypto analyst Rekt Capital tells his 363,800 followers on the social media platform X that BTC could repeat a similar price pattern to 2015 – also a pre-halving year …

Web 3.0 Education Platform Rise in Acquires BlockBeam To Train the Next Generation of Web 3.0 Developers in the US

October 30, 2023 – Boston, Massachusetts Rise In, a leading education platform that onboards Web 2.0 developers into Web 3.0, has further expanded its over 200,000 talent community with the acquisition of US-based BlockBeam. BlockBeam is one of the first and largest Web 3.0-focused ed-tech companies in the US, thanks to its partnerships with over …

SEC Commissioner Releases Statement of Dissent Regarding Regulator’s Case Against LBRY

A commissioner from the U.S. Securities and Exchange Commission (SEC) has released a statement dissenting against the agency’s enforcement action against the blockchain-based file-sharing payment network LBRY. In a lengthy statement, SEC Commissioner Hester Peirce says that the SEC’s action against LBRY is “puzzling” as there wasn’t much evidence that the firm committed fraud. “The …

Price analysis 10/30: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON

Bitcoin’s reluctance to give up ground has attracted strong buying in select altcoins. Price Analysis Join us on social networks Bitcoin (BTC) price climbed by 15% last week and 10.45% the week before. The S&P 500 Index dropped 2.53% last week and 2.39% the week before. This shows that Bitcoin has decoupled from the S&P …

Inflows into crypto investment products reach highest level in 15 months

Inflows into crypto investment products rose to a 15-month high amid the recent optimism surrounding the anticipated approval spot Bitcoin (BTC) exchange-traded funds (ETFs) in the U.S. In its latest weekly report, CoinShares revealed that crypto investment products recorded an inflow of $326 million last week, its largest since July 2022. This influx marks the …

Bitcoin miners navigate increasing difficulty for higher rewards

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UK finalizes regulatory approach to crypto, stablecoins

The U.K. Treasury has finalized its regulatory approach to the crypto industry, which will be enacted in multiple phases, with the first phase bringing fiat-backed stablecoins under the supervision of financial watchdogs. In a policy update released on Oct. 30, the Treasury outlined its strategy to regulate stablecoins, with an initial focus on fiat-backed stablecoins …

Bitcoin’s ratio to the U.S. long bond is nearing all-time highs

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 …

White House issues executive order on AI risk management

President Joe Biden has issued an executive order focusing on the safety, security, and trustworthiness of artificial intelligence (AI). The directive outlines new standards for AI and mandates several measures aimed at mitigating potential risks associated with AI systems. Under the new order, developers of powerful AI systems will be required to share safety test …

VanEck’s amended Bitcoin ETF filing reveals unique seeding approach as BTC approaches $35K

Asset management firm VanEck amended its spot Bitcoin (BTC) exchange-traded fund (ETF) application with the U.S. Securities and Exchange Commission (SEC) on Oct. 27. Unique seeding method The amended filing has drawn heightened interest from the crypto community, who pointed out its unique seeding method. Seeding is the initial funding required for the launch and …

Bitcoin’s October surge leaves one buyer group in the cold

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 …

FTX and Alameda Move Nearly $20,000,000 in Solana (SOL) and Other Altcoins in Just One Day: On-Chain Data

The estate of bankrupt crypto exchange FTX and its associated trading arm Alameda Research was seen moving almost $20 million in crypto assets over the weekend. First spotted by blockchain tracking firm Lookonchain, wallets belonging to FTX and Alameda moved a total of $19.4 million worth of crypto assets, largely made up of Solana (SOL) …

PancakeSwap adds portfolio manager function in partnership with Bril

The crypto exchange added a feature that allows users to deposit single assets into a vault, which are then automatically invested into diverse liquidity pools. News Join us on social networks Decentralized crypto exchange PancakeSwap now has portfolio manager functionality, according to an Oct. 30 announcement. The feature has been added in partnership with decentralized …

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