Blast network hits $400M TVL, rebuts claim that it’s too centralized

The Blast team responded to claims that it’s multi-signature upgrade functionality makes it too centralized. News Join us on social networks Web3 protocol Blast network has gained over $400 million in total value locked (TVL) in the four days since it was launched, according to data from blockchain analytics platform DeBank. But in a Nov. …

Binance Has Settled With U.S. Authorities for Billions as Its Ex-CEO Faces Prison

Binance has resolved various investigations and will continue to operate outside the U.S. Its CEO, Changpeng Zhao, has resigned. Binance, currently the largest cryptocurrency exchange in operation, reached agreements with several U.S. authorities starting on Nov. 22 that will allow it to end ongoing investigations and continue to operate outside of the United States. The …

$18,745,000 To Be Handed Out With No Strings Attached As New Guaranteed Income Programs Launch in Four States

New guaranteed income programs are launching in four states across the US. A total of $18.745 million will be handed out to people and families with no strings attached in Georgia, Florida, Maryland and California. The city of San Jose, California is rolling out a guaranteed income program geared toward addressing youth homelessness. Organized by the …

Binance Labs and BNB Chain Open New Founder-Focused Track To Incubate 100 Early-Stage Projects

November 24, 2023 – Dubai, United Arab Emirates Binance Labs, in partnership with BNB Chain and CMC Labs, has introduced a new ‘founder track’ to the MVB (Most Valuable Builder) accelerator program. MVB, now in its seventh season, is an accelerator program jointly organized by Binance Labs and BNB Chain. The program was launched in …

Mt. Gox Trustee Says Processing of Payments To Start Before the End of This Year, To Continue in 2024

The rehabilitation trustee for crypto exchange Mt.Gox has sent out emails announcing the commencement of payments to creditors of the now-defunct platform. According to the email shared on social media, Nobuaki Kobayashi plans to start distributing payouts before the end of the year. “The Rehabilitation Trustee plans to commence repayment to creditors shortly. The Rehabilitation …

Square Enix announces auction dates for Symbiogenesis NFTs

The company said Symbiogenesis NFTs will be auctioned off in three separate phases. News Join us on social networks Final Fantasy game developer Square Enix announced auction dates for its upcoming Symbiogenesis non-fungible tokens (NFTs). In a Nov. 24 social media post, the team said it would sell the NFTs in three batches. The first …

Price analysis 11/24: BTC, ETH, BNB, XRP, SOL, ADA, DOGE, TON, LINK, AVAX

Bitcoin has risen above $38,000, clearing the path for a rally higher. Will altcoins follow? Price Analysis Join us on social networks Bitcoin (BTC) broke above the overhead resistance of $38,000 on Nov. 24, indicating that the sentiment is positive and bulls have kept up the pressure. Independent Reserve CEO Adrian Przelozny told Cointelegraph that …

Crypto Biz: Binance’s CZ falls, Grayscale and BlackRock meet with SEC, and more

This week’s rollercoaster reveals one thing about the crypto industry: it is undergoing a period of change. Newsletter Join us on social networks Imagine building a company from a $15 million initial coin offering to an impressive $60 billion empire. That’s exactly what Changpeng “CZ” Zhao has done with Binance since he founded the crypto …

Binance’s CZ seeks to avoid jail time, refutes DOJ’s flight risk claim

Changpeng ‘CZ’ Zhao, the founder and former CEO of Binance, is contesting the U.S. Department of Justice (DOJ) motion to restrict his travel before sentencing, asserting he doesn’t pose a flight risk. On Nov. 23, CryptoSlate reported that the DOJ moved to prevent CZ from leaving the U.S., arguing that the Binance founder posed a …

Cathie Wood’s ARK Invest cashes out part of its Grayscale’s GBTC stake as Bitcoin ETF optimism grows

Cathie Wood’s asset management firm ARK Invest sold more than 700,000 shares of its Grayscale Bitcoin Trust (GBTC) holding in the past month amid the rapid closure of the fund’s discount. Data from Cathies Ark, a website monitoring the daily trades of ARK, showed that the firm’s Next Generation Internet ETF (ARKW) offloaded 724,043 units …

Tether and Bitfinex yield to FOIL request amid transparency pledge

Crypto firms Tether and Bitfinex have agreed to drop their opposition to a freedom of information (FOIL) request filed by several journalists in New York, according to a Nov. 24 statement shared with CryptoSlate. According to the statement, the companies decided not to challenge the FOIL request made by journalists Zeke Faux, Shane Shifflett, and …

Bitcoin momentarily surpasses $38k to hit year-to-date high in EU trading session

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 …

Bitcoin miners transfer 8,000 BTC amid transaction fee surge

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 Analyst Says Ethereum Competitor Solana Primed To Surge by at Least 70% – Here’s the Timeline

A popular crypto analyst is predicting that one Ethereum (ETH) competitor will soar to three figures in 2024. Pseudonymous trader Altcoin Sherpa tells his 198,500 followers on the social media platform X that Solana (SOL) will likely increase by at least 72% from its current value next year. “SOL: hoping for a bit lower to …

Someone Just Paid $3,140,000 in Bitcoin Fees for a Single BTC Transaction: On-Chain Data

A Bitcoin address was spotted paying a whopping $3.14 million in fees for a single BTC transaction, according to on-chain data. First reported by blockchain tracking firm Lookonchain, the address starting with “bc1qn” paid over 83 BTC to miners while sending coins to another entity beginning with “bc1qyf.” “Wallet ‘bc1qn’ paid a transaction fee of …

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