Genesis previously reportedly said that the $175 million settlement was “fair and equitable,” while FTX creditors wanted to contest it. News Join us on social networks A New York bankruptcy judge has approved a settlement between bankrupt cryptocurrency firms FTX and Genesis Global Trading (GGC), allowing FTX-affiliated Alameda Research to get $175 million from GGC. …
Continue reading “Court approves Genesis settlement of $175M to FTX, expunges billions in claims”
The attack marks the third time Platypus has been exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 in July. News Join us on social networks Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol …
Continue reading “Platypus DeFi loses $2.2M in another flash loan exploit”
Caroline Ellison, the star witness in the Sam Bankman-Fried criminal trial, testified that SBF tried to use identities linked to Thai sex workers to unfreeze funds before bribing Chinese officials for millions. News Join us on social networks Caroline Ellison, the former romantic partner of embattled FTX founder Sam “SBF” Bankman-Fried and the former CEO …
Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024. News Join us on social networks On Oct. 12, digital currency and electronic payments firm DeCurret Holdings published a white paper on its cryptocurrency project, the “DCJPY.“ The organization intends to launch the coin in July 2024. According to the …
Continue reading “Japanese yen-backed digital currency, DCJPY, to go live in July 2024”
The total value of assets locked (TVL) on decentralized finance (DeFi) projects recorded a 30% year-on-year decline to drop to its lowest point for this year at $36.95 billion, per data from DeFillama. While DeFi projects started the year strongly, peaking at more than $52 billion in April, the sector has witnessed six months of …
Continue reading “DeFi TVL down 30% YoY yet liquid staking and Tron based projects defy trend”
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 “How Alameda Research lost nearly $200M to security breaches”
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 “FTX to receive $175M withdrawing up to $1B in other claims against Genesis”
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 …
Crypto strategist Benjamin Cowen is expressing bearish sentiment on digital assets amid what he sees as signs that Bitcoin (BTC) might have hit a local top. Cowen tells his 787,000 YouTube subscribers that Bitcoin could fall by at least 8% from the current level, a move that could negatively impact altcoins. “I do think that …
The voting ended with a unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. News Join us on social networks The decentralized autonomous organization (DAO) behind the decentralized protocol BarnBridge has conducted its voting on how to react to the United States Securities Exchange Commission’s (SEC) potential demands. The voting …
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Trezor is celebrating its 10th anniversary by releasing three new self-custody products, with a focus on providing entry-level devices. News Join us on social networks Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and …
Continue reading “Trezor releases new hardware wallet and metal private key backup”
The world’s largest asset manager wants to take control of a raft of domain names that have been registered to imitate it. News Join us on social networks Investment giant BlackRock has called for a crackdown on a range of potentially scammy domains and “typosquatting” websites it alleges are taking advantage of its name. On …
Continue reading “BlackRock seeks court crackdown on 44 copycat sites, some crypto adjacent”
ARK Invest and 21Shares amended spot Bitcoin ETF filing seemingly addresses earlier concerns highlighted by the SEC, which is a good sign of progress, according to Bloomberg’s ETF analysts. News Join us on social networks A recent amendment to ARK Invest and 21Shares’ joint spot Bitcoin (BTC) exchange-traded fund (ETF) application could be seen as …
Continue reading “ARK’s amended spot Bitcoin ETF filing is a ‘good sign’ of future approval”
The European Securities and Markets Authority argued that DeFi was still too small to pose any sizeable risks to overall financial stability, but should be monitored. News Join us on social networks Decentralized finance (DeFi) is yet to pose a meaningful risk to overall financial stability but does require monitoring, according to the European Union’s financial …
Continue reading “Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator”
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 …
