Stocks rallied on Monday to kick off a busy week for the US economy with inflation data out early Tuesday and the Federal Reserve’s next policy decision set for release Wednesday afternoon. At t...
News
SEC’s proposed exchange definition would cause ‘de facto expatriation’ of DeFi companies
The SEC has proposed a rule change that would expand the definition of exchanges and would cover platforms that trade crypto asset securities as well as some DeFi platforms. The proposed changes were...
Circle’s Allaire says the US dollar is at crossroads, urges stablecoin legislation
Jeremy Allaire, the CEO and co-founder of stablecoin issuer Circle, will use scheduled testimony on Tuesday at a U.S. House Financial Services Committee Hearing to urge lawmakers to defend the primacy...
BitGo Acquisition Deal Lawsuit Against Galaxy Digital Dismissed by Court
2 hours ago | 2 mins read Bitcoin News Last year, Galaxy abandoned a $1.2 billion bid to purchase BitGo. Due to BitGo’s refusal to submit the financial documents in time, the court favored Galaxy. A l...
Berkshire Unit Liable for Millions in Damages Over Oregon Fires
(Bloomberg) — A Berkshire Hathaway Inc. unit is liable for destruction caused by the 2020 Labor Day Fires in Oregon, a jury concluded, exposing energy company PacifiCorp to potentially more than...
eToro ending US customers’ access to four cryptocurrencies
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 man...
Mark Cuban Comments On SEC, It Is Very Hard To Recognize Security
Billionaire investor Mark Cuban comments that it is nearly impossible to determine what qualifies as a security and what does not. He further states that SEC fails to provide a clear registration rout...
Solana, Cardano, Polygon Push Back Against SEC ‘Security’ Label
The organizations behind several popular cryptocurrencies have spoken out against recent claims made by the Securities and Exchange Commission (SEC)—which argued that Solana (SOL), Polygon (MATIC), an...
Google Trends Shows Lowest Bitcoin Interest Since 2020
Interest in Bitcoin is on a long-term decline, according to data compiled by Google Trends. That’s despite the recent innovation in BRC-20 tokens and recovering prices in 2023. Interest in Bitcoin, as...
Nigeria’s New Crypto Tax Policy Could Set The Tone For Africa’s Positive Web3 Relationship ⋆ ZyCrypto
Advertisement     Nigeria has passed a new 10% tax code on digital assets amid mixed signals from its regulatory agencies. Over the weekend, the nation issued a directive declaring th...
SEC’s Strongest Argument In XRP Case At Risk Amid Hinman Docs Disclosure
XRP News: The crypto industry is eagerly waiting for the release of the infamous Hinman Ethereum speech linked emails and documents in the XRP Lawsuit. The date decided by both parties, U.S. Securitie...
Wealth Advisors Trumpet High-Yielding Alternatives As Best Way To Weather Market Uncertainty
The inaugural Shook Alternatives Summit in New York City. Ethan Covey/Forbes Investors willing to risk cash in the face of rising interest rates and a weakening economy can take advantage of opportuni...
Bank of China issues $28M in digital structured notes on Ethereum blockchain
On June 12, Bank of China’s investment bank subsidiary BOCI announced the issuance of 200 million Chinese yuan ($28 million) worth of digital structured notes minted on the Ethereum blockchain. The mo...
Shiba Inu (SHIB) Community Alerted to New Scam Means: Details
In a proactive move, ShibArmy scam alerts, the Twitter account dedicated to exposing scams and protecting the Shiba Inu community, has alerted Shiba Inu holders to phishing attacks that purport to ste...
Binance CEO Disputes Crypto Exchange Outflow Concerns Amidst SEC Lawsuit
Recent data indicates a significant outflow of crypto assets from centralized exchanges, particularly Binance, following the news of the Securities and Exchange Commission (SEC) lawsuit. Analytics pla...
What Is a Decentralized Autonomous Organization (DAO)?
What Is a Decentralized Autonomous Organization (DAOs)? Decentralized Autonomous Organization (DAOs) is an organization that operates on the blockchain and is governed by a set of smart contracts rath...
BOCI and UBS issue tokenized securities in Hong Kong via Ethereum
BOCI, the investment banking subsidiary of the Bank of China, has successfully launched tokenized structured notes valued at 200 million offshore renminbi ($28 million) on the Ethereum blockchain. Thi...
Proudly un-American: Polygon 2.0 will be ‘developed and deployed outside US’ too
Polygon, the platform builder for Ethereum scaling, recently unveiled their upcoming project known as Polygon 2.0. Polygon Labs and its ecosystem partners have been hinting at this development on Twit...
BOCI Becomes China’s First Bank to Issue Tokenized Securities
2 hours ago | 2 mins read Market News BOCI has issued the country’s first tokenized security on the Ethereum blockchain. BOCI and UBS have taken new steps in terms of applicable regulations. BOCI, a C...
Tampa Bay Buccaneers Destined for Rebuild As Baker Mayfield Appears To Be Favorite To Start
The Tampa Bay Buccaneers are in a rebuild with Baker Mayfield likely to start at quarterback. (Photo … [+] by Cliff Welch/Icon Sportswire via Getty Images) Icon Sportswire via Getty Images It fe...
Polygon Labs announces Polygon 2.0
Polygon Labs, the developer of leading Ethereum Layer 2 scaling solution Polygon, has announced the rollout of Polygon 2.0, a significant upgrade designed to establish the network as the “value layer ...
Oracle beats quarterly revenue estimates on cloud services demand
(Reuters) -Oracle topped fourth-quarter revenue estimates on Monday, boosted by growing demand for its cloud offerings from companies deploying AI, sending its shares up nearly 3% in extended trade. R...
Algorand and Flow Crash to All-Time Lows Following SEC Lawsuits
Although the SEC took official action against the world’s two largest exchanges, it also chose to name a number of cryptocurrencies that it describes as unregistered securities, triggering a dro...
Reddit Crypto Community Showing Protest Due To New Policy
Many sub communities on Reddit known as subreddits are going private for 48 hours. This is their way to show their protest against the new policy of this social media platform. As per this policy, the...
JP Morgan Highlights SEC’s Crypto Crackdown: Urgency Mounts for US Lawmakers to Deliver Regulatory Framework in 2023
The US Securities and Exchange Commission (SEC) has taken action against Coinbase and Binance, two of the leading global cryptocurrency exchanges. By launching a series of charges, the SEC has initiat...
Body Found After I-95 Collapse In Philadelphia
Rescue workers discovered a body Monday afternoon in the wreckage of a fuel truck that went up in flames Sunday morning underneath an overpass of Interstate 95 in Philadelphia, causing a section of th...
SEC Coinbase and Binance Lawsuits Super Bullish for BTC and ETH (Opinion)
The U.S. Securities and Exchange Commission went ham on crypto exchanges last week by filing toothy lawsuits against Binance and Coinbase. While crypto exchanges and altcoins are in the hot seat, the ...
The case for and against BNB dropping to $200
BNB’s Open Interest and long/short ratio revealed that traders expect the price to fall Selling pressure heightened as whales also joined in Coinglass data revealed that Binance Coin [BNB] short posit...
Billionaire Ray Dalio Issues Warning About Rise Of China, Why He Thinks U.S. Is On The ‘Brink Of War’
Ray Dalio spoke with Steve Forbes at the Forbes Iconoclast Summit about how he views the changing world order. Daniel Paik for Forbes Billionaire Ray Dalio, the retired founder of hedge fund Bridgewat...
Over 100 Physical Attacks Against Bitcoin Holders And Infrastructure Recorded Since 2014
There have been at least 100 physical attacks against Bitcoin holders or infrastructure facilitating BTC transactions, a recent list documenting all recorded attacks on June 12 shows. The list records...
Garth Brooks Draws Conservative Anger For Pledging To Sell All Beers—Including Boycotted Bud Light—At New Nashville Bar
Topline Country star Garth Brooks will open a Nashville bar this summer, and he’s angered some right-wing customers by refusing to join in on the boycott of Bud Light, which has been the target of con...
VC Firm Andreessen Horowitz Lured By UK’s Crypto Regulatory Environment To Open London Office ⋆ ZyCrypto
Advertisement     In a June 11, 2023 post, the private American venture capital firm Andreessen Horowitz (also known as a16z) announced that it is expanding to the UK and would open a ...