The largest crypto exchange in the world is announcing perpetual contract support for a new altcoin project with connections to the traditional finance (TradFi) world. Ondo Finance (ONDO) is a project focused on tokenizing real-world assets (RWAs), with a focus on short-term bonds and US Treasuries. Ondo’s products are currently only accessible on the Ethereum …
Monthly archives: January 2024
Elizabeth Warren Says Crypto Needs To Follow Anti-Money Laundering Laws, Citing New Government Report
US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain nations are using digital assets to avoid sanctions. Warren (D-Massachusetts), a longtime crypto critic, tells her 6.8 million followers on the social media platform X that a U.S. Governmental Accountability Office (USGAO) report shows why …
Former CEO Sentenced to Two Years Behind Bars for ‘Cherry-Picking’ Scheme Involving Crypto Futures Contracts
The former chief executive of an investment firm has been sentenced to two years in prison for a “cherry-picking” scheme involving crypto derivatives. In a new press release, the U.S. Department of Justice (DOJ) says that US-Russian national Peter Kambolin, the founder of Systematic Alpha Management (SAM), operated a $1.6 million cherry-picking scam where he …
Bitcoin ETPs Dominate Trading Volume While Blockchain Equities See Another Week of Inflows: CoinShares
Digital assets manager CoinShares says institutions are delving into Bitcoin (BTC) exchange-traded products (ETPs) after the U.S. Securities and Exchange Commission (SEC) approved a spot BTC exchange-traded fund (ETF) earlier this month. In its latest Digital Asset Fund Flows report, CoinShares finds that even though crypto investment products saw outflows last week, trading volumes were higher …
Ethereum Drops After the SEC Delays Fidelity ETF, XRP, RON, SOL, Jan. 22
ETH Ethereum lost over 5% this week as the Securities and Exchange Commission (SEC) delayed an exchange-traded fund (ETF) offering from Fidelity. After approving eleven bitcoin ETFs in January, the SEC decided to delay a decision on Fidelity’s Ethereum ETF application until at least March. According to a filing, the regulator wants more time to …
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Hardware Wallet Trezor Says 66,000 of Its Users Affected in Data Breach Last Week
The company behind the crypto hardware wallet Trezor says some of its customers are at risk of phishing attacks following a security incident that leaked their data. SatoshiLabs says that on January 17th, there was unauthorized access to a third-party support ticketing portal that Trezor uses. The incident exposed the contact details of up to …
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Grayscale offloads further 13k BTC as revenues still way above competition
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 …
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Ethereum Foundation heaps pressure on market with $1.68 million in ETH sales
The Ethereum Foundation, a non-profit organization dedicated to the blockchain network’s ecosystem, liquidated $1.6 million worth of ETH, according to crypto analytical firm Arkham Intelligence. Data from the platform reveals that the foundation utilized the CoW Protocol to sell 700 ETH, acquiring $1.6 million in DAI stablecoin. Subsequently, the funds were transferred to an address …
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Trump NFTs trading volume spike following DeSantis endorsement of Trump’s re-election moves
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 …
Senator Warren faces crypto community pushback over sanction evasion claims
Sen. Elizabeth Warren has faced significant backlash from the crypto community following her recent remarks disparaging the industry. In a Jan. 21 post on X (formerly Twitter), Sen. Warren referenced a report from the U.S. Government Accountability Office (GAO) alleging that “rogue nations” were leveraging cryptocurrency to evade sanctions and pose threats to national security. …
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May 2024 Could Be Best Opportunity for Bitcoin (BTC) Bulls, According to Top Analyst
An analyst who accurately called the market top in 2021 says that May of this year could be one of the last great opportunities for investors bullish on Bitcoin (BTC). The pseudonymous analyst known as Dave the Wave tells his 143,000 followers on the social media platform X that Bitcoin could correct in the first …
Tron Founder Justin Sun Withdraws $60,000,000 Worth of Crypto From Binance in One Month: On-Chain Data
Billionaire and founder of Tron (TRX) Justin Sun has withdrawn tens of millions of dollars worth of digital assets from crypto exchange Binance in the last month, according to on-chain data. Blockchain tracking firm Lookonchain says that between December 18th and January 21st, Sun has withdrawn several different altcoins from Binance, including $43 million worth …
Nine Bitcoin ETF Issuers Hold About $4,000,000,000 in BTC Less Than Two Weeks After Launch: Bloomberg Analyst
Nine Bitcoin exchange-traded fund (ETF) issuers are gobbling up the crypto king, accumulating billions of dollars worth of BTC less than two weeks after launch, according to an expert. Bloomberg analyst Eric Balchunas tells his 230,600 followers on the social media platform X that he’s keeping a close watch on the movement of capital in …
Bitcoin to surge in 6 months as investors pivot from Grayscale to new ETFs, Galaxy Digital’s Novogratz says
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 …
Grayscale NAV flips BlackRock as IBIT records first discount to Bitcoin since launch
BlackRock’s iShares Bitcoin Trust recorded its first discount to its Net Asset Value (NAV) on Jan. 19, dropping to a discounted rate of -0.30%, according to official BlackRock data. BlackRock discount to NAV “The above table and line graph present information about the differences between the daily closing price for shares of the fund and …