Former NYSC president, two others vying to buy and revive FTX

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Rep. Tom Emmer roasts Gary Gensler in fiery speech on the House floor

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’s climb above $35,000 followed by surprisingly measured market

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 …

Bloomberg analysts point to 8-day window beginning Nov. 9 in which several spot Bitcoin ETFs could see approval

Bloomberg ETF analysts James Seyffart and Eric Balchunas posted a research note on Nov. 8 suggesting that an upcoming 8-day window opening on Nov. 9 may see approvals from the SEC for several proposed spot Bitcoin ETFs. That tweet reads: “New Research note from me today. We still believe 90% chance by Jan 10 for …

HSBC to launch custody service for tokenized securities

Banking giant HSBC is set to introduce digital asset custody services for tokenized securities such as bonds on the blockchain. The bank expects to go live with the service in 2024. The service is geared toward institutional investors and will continue expanding the lender’s offerings in the digital asset realm. The move comes just a …

Robinhood Q3 earnings report reveals plans to launch crypto services in EU

Robinhood has revealed plans to launch cryptocurrency trading in the European Union soon after receiving regulatory approval. The company detailed its growth roadmap in its third quarter 2023 earnings report on Nov. 7. The EU crypto rollout is intended to come after the firm launches brokerage services in the UK, which it says it expects …

Cardano (ADA) and One Additional Ethereum Rival Leading in Development Activity: Santiment

The ninth-largest cryptocurrency by market cap is leading in terms of blockchain development activity, according to analytics platform Santiment. Santiment says that over a 30-day period, Cardano (ADA) is the top blockchain in terms of development activity with 502.57 GitHub commits over a 30-day period. Smart contract blockchain Polkadot (DOT) and its canary test network …

Banking Giant HSBC Planning New Self-Custody Platform for Blockchain-Based TradFi Assets

HSBC is reportedly planning the launch of a new platform that will allow institutional clients to hold blockchain-based tokens representing non-crypto assets. The banking giant has partnered with Swiss digital asset firm Metaco to provide clients with the ability to store traditional assets – not crypto or stablecoins – on a blockchain platform, according to …

$163,000,000 in Ethereum (ETH) To Be Distributed to Token Holders of Aragon (ANT) As Project Gets Handed Off

The association behind Aragon (ANT), a decentralized governance platform on the Ethereum (ETH) blockchain, is dissolving. The Aragon Association (AA) says in a new announcement that it will deploy 86,343 ETH worth about $163 million to offer Ethereum redemptions for ANT holders. According to the statement, holders of the governance token may redeem their coins …

CFTC Says 2023 Saw Record Number of Digital Asset Complaints, Nearly Half of All Enforcement Actions

The Commodity Futures Trading Commission (CFTC) says that 2023 has seen a record number of complaints about crypto assets, which were the topic of nearly half of its enforcement actions. In a new press release, the regulatory agency says that fiscal year 2023 has seen a record number of digital asset cases, ultimately culminating in …

Chainlink (LINK) pumps 26% in 6 days — Is there room for more?

LINK token continues to strengthen as professional traders and enterprise solution clients enter Chainlink’s ecosystem. Altcoin Watch Join us on social networks Chainlink’s (LINK) token has experienced a remarkable 26% surge between Nov. 2 and Nov. 8, approaching $14, a level not seen since April 2022. This solidified its position as the 10th largest cryptocurrency …

Progmat stablecoin platform takes shape as wallet, liquidity providers join

Progmat Coin hopes to issue yen- and dollar-pegged “trust-type” stablecoins next summer to accommodate around-the-clock settlement. News Join us on social networks The Progmat Coin ecosystem is taking shape in Japan. With a market maker, wallet provider and cryptocurrency exchanges on board, Progmat and Mitsubishi UFJ Financial Group (MUFG) hope to launch two stablecoins in …

NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter

Elon Musk slams NFTs on the Joe Rogan podcast only to unintentionally make the case for Bitcoin Ordinals. Newsletter Join us on social networks In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital landscape, as NFT sales have skyrocketed to an impressive $129 million …

LidoDAO launches official version of wstETH on Base

LidoDAO took control of the deployment for a wrapped version of its flagship token, stETH, on Base. News Join us on social networks Lido’s governing body has approved the deployment of Lido’s Wrapped Staked Ether (wstETH) to Coinbase’s Base network, according to a Nov. 8 announcement. The token is now live and can be traded …

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