Coinbase CEO Brian Armstrong says that memecoins are the canary in the coal mine, foreshadowing a broader trend of the tokenization of culture. In a new interview with CNBC, Armstrong says he expects memecoins to eventually lead to the tokenization of identities, votes and art. “Memecoins in the broadest sense, I think we should find …
Monthly archives: February 2025
XRP Sees $819,000,000 in Institutional Flows Since November As Hopes of SEC Dropping Lawsuit Grow: CoinShares
Crypto asset management firm CoinShares says institutional whales pulled hundreds of millions of dollars out of crypto investment vehicles last week. According to CoinShares’ latest Digital Asset Fund Flows Weekly Report, last month’s US presidential inauguration had a negative impact on investor sentiment last week. “Digital asset investment products saw outflows totaling US$508m last week, …
Kansas Town Rocked by Former Banker Who Was Duped by $47,100,000 Crypto Scam: Report
The ex-CEO of a small bank reportedly sent shockwaves through a small American community when he fell for an elaborate crypto scam, causing over $47 million in damages and wiping out generational wealth. In August of last year, Shan Hanes, the former CEO of Heartland Tri-State Bank (HTSB) in Elkhart, Kansas, was sentenced to 24 …
TradFi Industry Asks David Sacks To Include Federal Banking Agencies in President’s Working Group on Crypto
A network of groups representing the American financial industry is calling on the White House’s crypto czar David Sacks to include federal regulators in the President’s Working Group (PWG) on digital assets. In a letter to Sacks, the American Bankers Association, the Financial Services Forum, the Bank Policy Institute, The Clearing House, the Association of …
According to Top Analysts, FXGuys is On Track to Outperform Chainlink in 2025
Analysts predict FXGuys could surpass Chainlink in 2025, backed by its staking, prop trading funding program, and Trade2Earn model. Find out why. The cryptocurrency market is gearing up for a major shift, with FXGuys emerging as the leading contender to outperform Chainlink in 2025. Analysts are increasingly bullish on its potential as FXGuys continues its …
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Bybit Promises up to $140,000,000 Bounty To Hunt Down Perpetrators of ‘Largest Heist’ in Crypto History
The Singapore-based crypto exchange Bybit is offering a large bounty for information that could lead to the recovery of the funds that were stolen in a major hack. Last week, hackers manipulated a transfer executed by one of Bybit’s Ethereum (ETH) cold wallets. The exchange says the perpetrators used a sophisticated attack to gain control …
Wells Fargo Allegedly Does Nothing As Fraudsters Drain $40,000 From Bank Account, Ignoring Urgent Warnings of Fraudulent Activity: Report
A Texas couple says Wells Fargo is refusing to reimburse after $40,000 was stolen from their business account despite urgent warnings of fraudulent activity. Jose Vasquez tells FOX 26 that on January 27, he and his wife Amanda noticed someone had attempted to set up a direct transfer for $20,000. He says he contacted Wells …
Bitcoin’s short-term holder realized price remains a critical support amid market volatility
What is CryptoSlate Alpha? CryptoSlate Alpha requires a one-time purchase of our membership NFT using SOL, the native token of Solana. Connecting your Solana wallet is required to complete the purchase. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Disclaimer: …
Strategy adds over 20,000 BTC, to close in on 500,000 Bitcoin mark
Strategy, formerly known as MicroStrategy, is nearing the half-a-million Bitcoin milestone after its latest acquisition. A Feb. 24 US Securities and Exchange Commission (SEC) filing revealed that Strategy acquired 20,356 BTC for $1.99 billion, paying an average of $97,514 per BTC. This brings the firm’s total Bitcoin holdings to 499,096 BTC, which are now valued …
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Bitcoin hit by heavy $571 million outflows as XRP sees renewed investor interest with $38 million
Global crypto investment products experienced a second straight week of capital outflows, with investors pulling $508 million amid growing economic concerns, according to CoinShares’ latest weekly report. Over the past two weeks, total outflows have reached $924 million. This downturn follows an 18-week period of inflows amounting to $29 billion following Donald Trump’s election victory …
SEC ends investigation into Robinhood as new leadership halts aggressive crypto enforcement
Robinhood Crypto is no longer under investigation by the SEC. The agency closed its inquiry on Feb. 21, opting not to pursue any enforcement action. This closes the enforcement action following the May 2024 Wells Notice and reflects a shifting regulatory landscape alongside a similar decision in the SEC’s case against Coinbase. Robinhood emphasized that …
OX token plummets amid OX FUN extortion and insolvency of former 3AC founders rumors
OX.FUN, a crypto derivatives exchange linked to the bankrupt Three Arrows Capital co-founders Su Zhu and Kyle Davies, is under fire following allegations of financial misconduct. The controversy erupted after the platform allegedly withheld $1 million from a user, JefeDAO, sparking concerns over its financial stability and operational transparency. This drama has negatively impacted the …
The xx Network – Securing Privacy with Metadata Shredding and Quantum-Proof Encryption
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › In digital communications, privacy concerns are more pressing than ever. Whether it’s government surveillance, corporate data collection, or the looming threat of quantum computing, our personal information is constantly under threat. Did you know that seemingly …
Litecoin, Hedera front runners for next spot crypto ETF as SEC makes comments
Insights ETFs Regulatory shifts post-Gensler ignite altcoin ETF applications, boosting interest in HBAR, Litecoin. Canary Capital filed a 19b-4 rule change with the Securities and Exchange Commission for its Hedera ETF. The filing, set out in a 60‐page document (SR-NASDAQ-2025-018), proposes listing shares as commodity-based trust shares under Nasdaq rule 5711(d). Bloomberg’s Eric Balchunas noted …
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Canary Capital’s Spot Hedera ETF Under SEC Review via Nasdaq Filing
The Nasdaq Stock Market LLC, on behalf of Canary Capital, submitted a 19b-4 filing with the U.S. Securities and Exchange Commission (SEC) to list a spot exchange-traded fund (ETF) focused on the native asset of the Hedera Network, HBAR. Nasdaq Files for Spot Hedera ETF, Paving the Way for HBAR Exposure The Nasdaq filing marks …
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