The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) released tailor-made rules for the crypto industry called the Distributed Ledger Technology (DLT) Foundations Regulations 2023 on Nov. 2, according to a press release. The new rules aim to provide the crypto industry with much-needed regulatory clarity and position Abu Dhabi as the second crypto …
Monthly archives: November 2023
US seizes $54M worth of Ethereum linked to illegal narcotics business
The assets in question were traced back to Christopher Castelluzo, who conducted narcotic operations from 2010 to 2015. While his illicit activities began in 2010, Castelluzo only transitioned to using Bitcoin (BTC) for narcotic transactions on darknets in 2013. Castelluzzo is currently serving concurrent 20-year federal and state prison sentences for drug distribution convictions. 30k …
Continue reading “US seizes $54M worth of Ethereum linked to illegal narcotics business”
Federal Reserve issues cease and desist letter to Bitcoin Magazine alleging IP infringement
The Federal Reserve Bank of Chicago has issued a cease and desist letter to Bitcoin Magazine, alleging it to have used a trademarked term IP — ‘FEDNOW’ — without its consent. According to the letter, dated Oct. 27, 2023, the Federal Reserve confronted Bitcoin Magazine regarding its merchandise bearing the ‘FEDNOW’ mark, which they claim …
Gaming corners 62% of active wallets in ‘Uptober’ as DappRadar reveals wall of bullish metrics
Web3 has shown signs of resurgence in this ‘Uptober,’ according to DappRadar’s latest industry report, suggesting the dApp market may have finally found its footing after a long bearish trend. The analysis points towards a potentially imminent bull run, as crucial metrics have either stabilized or recorded growth. Chain Unique Active Wallets (Sep) Unique Active …
Bitcoin withdrawals reach one of the highest levels of the year
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 “Bitcoin withdrawals reach one of the highest levels of the year”
Cathie Wood Says ‘Digital Gold’ Bitcoin Is Better Deflation Hedge Than Gold Or Cash
ARK Investment Management‘s Cathie Wood says Bitcoin (BTC) is a better deflation hedge than gold or cash, Bloomberg reported. “Bitcoin is a hedge against both […] Go to Source
Sponge Price Set To Soar With Launch Of Exciting Staking Mechanism That Offers Lucrative Variable APY
The strengthened position of the Sponge token price appears to have been triggered by renewed interest in the promising meme coin’s undervalued proposition, which offers […] Go to Source
Trader Who Called 2022 Crypto Bottom Predicts Massive Pump for Bitcoin, Updates Outlook on Ethereum and Solana
A trader who accurately predicted the crypto bottom in November of 2022 is expressing bullish sentiment on Bitcoin (BTC). Pseudonymous analyst DonAlt tells his 54,100 YouTube subscribers that he foresees Bitcoin getting a “massive pump” that will siphon funds from altcoins and into BTC. DonAlt says that Bitcoin could afterward consolidate, a move that would …
Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint
Mainstream commerce and big brands report improved business results and promising loyalty programs through integrations with the wider Solana ecosystem. News Join us on social networks Web3 tools powered by layer-1 blockchain Solana are driving tangible returns and delivering deep customer data insights, according to prominent mainstream brands and companies that attended Solana Breakpoint. The …
Continue reading “Boba Guys, Shopify users showcase adoption of Web3 tools — Solana Breakpoint”
Bitcoin disappoints while Markets Pro delivers 88% gains in 29 hours
Cointelegraph Markets Pro hands investors breaking alerts leading to multiple double-digit trades in a “dead” crypto market. Markets Pro Join us on social networks 2023 was anticipated to be the comeback year for Bitcoin (BTC). Experts predicted that the King of Crypto would soar to $50,000 or more, but it has only bounced back to …
Continue reading “Bitcoin disappoints while Markets Pro delivers 88% gains in 29 hours”
SafeMoon addresses recent exploits amid SEC charges
SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. News Join us on social networks Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and …
Continue reading “SafeMoon addresses recent exploits amid SEC charges”
Universal Music releases Beatles’ ‘last song’ with help from AI
The final Beatles song, “Now and Then,” has been released — made possible with a little help from AI to produce John Lennon’s vocal track. News Join us on social networks The Beatles released what they’re calling their “last song” on Nov. 2, featuring vocal tracks of the late John Lennon developed with the assistance …
Continue reading “Universal Music releases Beatles’ ‘last song’ with help from AI”
Investor Who Nailed 2022 Solana (SOL) Bottom Predicts 2019-Style Crypto Rally – Here’s What He Means
A prominent digital asset venture capitalist believes that the crypto markets may mirror a major rally from recent years. Placeholder Capital founder Chris Burniske tells his followers on the social media platform X that the crypto markets may soar and suddenly retrace as they did in 2019. He says the crypto markets may dip in …
Apple MacOS malware targets crypto community and engineers
The social engineering attacks trick community members into downloading a malicious ZIP archive named “Cross-platform Bridges.zip” — imitating an arbitrage bot designed for automated profit generation. News Join us on social networks A new malware discovered on Apple’s macOS — tied to the North Korean hacking group Lazarus — has reportedly targeted blockchain engineers of …
Continue reading “Apple MacOS malware targets crypto community and engineers”
Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations
Abu Dhabi aims to become a crypto hub alongside Dubai in a move that’s part of a larger goal to foster initiatives in the blockchain and digital asset realm. News Join us on social networks Abu Dhabi, the second-most populous emirate in the United Arab Emirates, has introduced a formal regulatory framework for decentralized autonomous …
Continue reading “Abu Dhabi pioneers DLT regulation for DAOs, Web3 innovations”