Solana overtook XRP to become the fifth-largest cryptocurrency on the crypto market on Dec. 20, based on current data. As of 11:30 p.m. UTC, Solana (SOL) reported a market cap of $34.8 billion. XRP, a coin associated with Ripple, reported a market cap of $33.3 billion. Solana’s high market standing appears to be due to …
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Former FTX CEO Sam Bankman-Fried has been denied an adjourned sentencing hearing, according to a court filing dated Dec. 20. Bankman-Fried’s legal team requested the sentencing hearing to be adjourned for four to six additional weeks, which would postpone sentencing into May 2024. Bankman-Fried’s sentencing date is currently set for March 28, 2024. Lawyers stated …
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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 “EU intensifies clampdown on Russian crypto executives with new sanctions”
The U.S. Securities and Exchange Commission (SEC) continued its review process of Bitcoin ETF applications, holding two additional meetings with applicants Grayscale and BlackRock on Dec. 19, 2023. The meeting with Grayscale revolved around a proposed rule change, which, if approved, would permit NYSE Arca to list and trade shares of Grayscale’s forthcoming spot Bitcoin ETF. …
The UK Treasury’s recent consultation on the Digital Securities Sandbox (DSS) has concluded, revealing a significant interest and engagement from the financial industry, according to a report published on Dec. 20. The consultation, part of the Financial Services and Markets Act 2023 initiative, was open from July 10 to Aug. 22 and aimed to explore …
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 “China sets sights on web3 innovation with national framework for NFTs and dApps”
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 challenges gold’s supremacy as safe haven asset”
The skyrocketing Coq Inu price has made one lucky investor a millionaire after his $454 punt on the new COQ token earned $2 million, Lookonchain […] Go to Source
MicroStrategy founder and executive chairman Michael Saylor says that Bitcoin (BTC) could soon become a “legitimate” treasury reserve asset for top US companies. In a CNBC interview, Saylor says that new Financial Accounting Standards Board (FASB) rules for how publicly traded companies should report crypto holdings could speed up Bitcoin adoption. The FASB is a US …
The chief executive of Coinbase says that the crypto exchange will receive a boost from new capital coming into the space via Bitcoin (BTC) exchange-traded funds. In a new interview on CNBC Television, Coinbase CEO Brian Armstrong says that expected BTC ETFs will soon inundate the crypto industry with institutional capital and new users, complementing …
Bitwise has released a commercial for a spot Bitcoin (BTC) exchange-traded fund (ETF) in apparent anticipation of the product’s regulatory approval. Bitwise, the world’s largest crypto index fund manager, is one of a slew of firms that have filed for a spot BTC ETF with the U.S. Securities and Exchange Commission (SEC). The new Bitwise …
Hardware wallet firm Ledger is responding to a recent security vulnerability in its products that was exposed earlier this month. On December 14th, Ledger announced that one of its employees fell victim to a phishing attack that allowed a bad actor to publish a malicious version of the Ledger Connect Kit, affecting users who connected …
Today, many customers use cryptocurrencies to pay for purchases, make transactions, gamble, and enjoy other entertainment. BTC, LTC, and other digital currencies were made possible thanks to blockchain technology. However, this technology applies to more than just the financial sector. Using blockchain, you can optimize various business processes, from confirming the authenticity of goods to …
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A federal court has consented to a settlement between the US derivatives markets regulator and Binance. According to the U.S. Commodity Futures Trading Commission, the federal court has found Binance and its founder and former CEO Changpeng Zhao guilty of violating the derivatives markets regulator’s rules as well as laws governing the trading of commodity …
December 20, 2023 – Grand Cayman, Cayman Islands Solend’s expansion is set to compound Sui’s remarkable DeFi momentum, which has seen TVL (total value locked) grow by over 500% since September 2023. Solend, the top lending and borrowing protocol on Solana, today announced its impending launch on the Sui blockchain, which was created by a …
Continue reading “Top Lending Protocol Expands to Sui for First Launch Outside of Solana”
