Genesis claims Gemini made preferential transfers of about $689 million from Genesis and wants the court to “correct this unfairness.” Breaking news Join us on social networks Bankrupt crypto lender Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini to recover $689 million in preferential transfers, according to a Nov. 21 court filing. …
Monthly archives: November 2023
OpenAI to rehire Sam Altman as CEO with new initial board members
OpenAI says it has reached an agreement in principle for Sam Altman to return as CEO, with a new board including Bret Taylor as chairman, Larry Summers, and Adam D’Angelo. News Join us on social networks Just two days after Microsoft CEO Satya Nadella hired former OpenAI CEO Sam Altman to lead a new advanced AI …
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Rethinking Bitcoin ‘dominance’ at 51% — A misleading metric?
Bitcoin dominance is a largely redundant metric — if you believe BTC and crypto “altcoins” should be in the same category at all that is. Market Analysis Join us on social networks Bitcoin’s (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year …
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Grayscale met with SEC to discuss spot Bitcoin ETF details
Grayscale executives and lawyers met with the SEC to discuss a rule change to list the Grayscale Bitcoin Trust (GBTC). News Join us on social networks Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin (BTC) trust, which the firm wants to convert …
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The Gold DAO brings gold into the future
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 …
Binance’s new chapter begins with hefty fines and compliance commitments
Binance issued a statement on Nov. 21 regarding its resolution of investigations from the U.S. Department of Justice (DOJ) and other agencies. There, Binance stated that it is pleased to announce the resolution and admitted to past wrongdoing. The crypto exchange company said: “When Binance first launched, it did not have compliance controls adequate for …
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Top Trader Flips Bullish on Worldcoin, Predicts Rallies for Ocean Protocol and One Additional Altcoin
A widely followed analyst and trader is turning bullish on OpenAI founder Sam Altman’s Worldcoin (WLD) project. The analyst pseudonymously known as The Flow Horse tells his 186,800 followers on the X social media platform that Worldcoin is showing strength despite the unfolding Altman drama. On Friday, Altman was reportedly ousted from OpenAI and later …
BNB Plummets 10% Amid Binance’s $4.3 Billion Settlement And CEO’s Impending Resignation
Binance Coin (BNB), the native token of the Binance cryptocurrency exchange, has experienced a sharp decline of 10% following reports that Binance is preparing to settle criminal charges with the US Department of Justice (DOJ) through a $4.3 billion fine. Binance CEO To Plead Guilty The Wall Street Journal has disclosed that Binance CEO Changpeng …
DeFi gathering momentum, Ethereum Gas Fees Rising: Why Is Uniswap (UNI) Stuck?
Decentralized finance (DeFi) activity on Ethereum is picking up momentum based mainly on how gas fees have been trending in the first three weeks of November, data from Kaiko shows. Even so, despite Uniswap (UNI) spearheading the revival, looking at the gas attributed to its activities over this period, UNI prices remain stagnant below $5.6, with …
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Did JPMorgan Secretly Buy 7.5 Million XRP? Here’s What We Know
The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it. JPMorgan Reportedly Buys 7.5 Million XRP The first reports of this rumor …
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Analyst Predicts Chainlink Rally To $20 Based On This Pattern
An analyst has pointed out how Chainlink might be breaking out of a bull flag right now, which could suggest a rally toward $20. Chainlink Is Escaping Out Of A Bull Flag Pattern Currently In a new post on X, analyst Ali pointed out a breakout that may be forming in the LINK price chart. …
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Did The OpenAI and Microsoft Saga Just Trigger Massive Interest in AI Tokens?
The recent saga surrounding OpenAI and its co-founder Sam Altman has sparked a surge of interest in AI tokens, with total weekly trade volume surpassing $2 billion for the first time since March, fresh data from Kaiko, a blockchain analytics platform, shows. According to statistics, WLD, the native token on Worldcoin, a project co-founded by Altman, …
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New Zealand dollar stablecoin goes live through local crypto exchange
Easy Crypto launched the aptly named New Zealand Dollar Stablecoin (NZDD) in partnership with an Australian blockchain development firm. News Join us on social networks A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto and Australian blockchain development firm Labrys. In a Nov. 22 announcement, Labrys …
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Circle Launches New ‘Bridged USDC Standard’ To Reduce Fragmentation Across Chains
The firm behind the second-largest dollar-pegged crypto asset by market cap is launching a new token standard for their stablecoin. According to a new announcement, Circle is introducing the Bridged USDC Standard, a new standard and process for deploying a bridged form of USDC on Ethereum Virtual Machine (EVM) blockchains. Circle says that the bridged USDC …
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CZ released on $175M bond, could return to Dubai
Binance founder Changpeng “CZ” Zhao posted a $175 million bond with a condition he returns to the U.S. two weeks before his sentencing. News Join us on social networks Binance founder Changpeng “CZ” Zhao will pay a $175 million release bond and agree to return to the United States 14 days before his Feb. 23, …
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