In a recent hearing in the United States District Court for the Southern District of New York, Judge Loretta Preska sentenced Ishan Wahi to two years in prison for his involvement in an insider tradin...
News
FTX Group and Alameda Research Recover Crypto Assets
After filing for bankruptcy and coming under new management, FTX Group and its affiliated companies, including Alameda Research, have been actively trying to recover funds from firms they previously s...
Coinbase Executives Visit UAE to Explore Potential for Crypto Operations
Executives from the US-based cryptocurrency exchange Coinbase, including CEO Brian Armstrong, have visited the United Arab Emirates (UAE) to explore the potential for crypto operations in the region. ...
Why Ethereum’s (ETH) Yield Farming May Be The Most Exciting Thing In Crypto Right Now
As the world of cryptocurrencies evolves, Ethereum (ETH) investors are beginning to take notice of the power of yields and their potential impact on the crypto space. Yields, in essence, are the payme...
U.S. DOJ Cracks Down on Crypto Exchanges Engaged in Illicit Activities
12 seconds ago | 2 mins read Market News The U.S. DOJ will target crypto exchanges that engage in or allow criminal activity. DOJ also focuses on crimes related to decentralized finance. The U.S. Depa...
Gensler: SEC ‘Stands Ready to Help’ as Crypto Startups Face Wave of Enforcement Actions
“The rules have already been published,” asserted Securities and Exchange Commission chairman Gary Gensler during a keynote speech on Monday, strenuously pushing back on criticism that the SEC has not...
Leaked Memo Confirms US Democrats’ Anti-Crypto Position
A memo leaked to the media in recent days suggests the Democratic Party is siding with the Securities and Exchange Commission (SEC) in its battle with the crypto industry. Right down to issues such as...
JPMorgan Chase Defies Claims to Seize Accounts Over Religious Views
JPMorgan Chase, one of the oldest financial based institutions based in the United States, is accused of closing accounts and discriminating against users because of their political and religious beli...
Epic Games and LEGO Group Partner to Build Family-Friendly Metaverse
Epic Games, the creator of the Unreal Engine and Fortnite, has announced a long-term partnership with the LEGO Group to build a “family-friendly” Metaverse. The announcement comes just wee...
Computer Scientist and Actress Justine Bateman Urges Action on AI Amid WGA Strike
As the WGA writer’s strike enters its third week, actress and computer scientist Justine Bateman posted a tweet thread detailing how artificial intelligence could disrupt the entertainment industry—an...
Belgrade Will Host the Brightest Web3 Minds This June
The first ETH Belgrade will be held from June 2-7, 2023, as part of Belgrade Blockchain Week. Over the course of five days, an ETH conference will happen first (June 2-4), followed by a two-day hackat...
State Supreme Court overturns judge’s ruling prohibiting Tesla dealership in Delaware
DOVER, Del. (AP) — Delaware’s Supreme Court on Monday overturned a judge’s ruling upholding a decision by state officials to prohibit electric vehicle maker Tesla from selling its cars directly to cus...
OKX Global Ad Campaign Argues for a Decentralized Future
Crypto exchange OKX has launched a global ad campaign that calls for a decentralized future, arguing that the centralized financial system is outdated and needs a complete rewrite. The campaign takes ...
This AI Chatbot Has Learned the Difference Between Good and Evil
With artificial intelligence (AI) often generating fictitious and offensive content, Anthropic, a company helmed by former OpenAI researchers, is charting a different course—developing an AI capable o...
NFTs Undergo Rapid Financialization, Report Finds
A new report reveals that the financialization of non-fungible tokens (NFTs) is rapidly progressing, with NFTs evolving in complexity and interactions, such as trading, lending, and borrowing, becomin...
Bitcoin Price Double Fractal Points To “Extended” Parabolic Rally
Bitcoin price seems to merely be grinding upwards, with a dusting of chop in between. What corrections have arrived have been minimal, and are shockingly similar in both time and price. This fractal b...
Shiba Inu (SHIB) Cracks a Massive Burn of $3B Tokens
11 mins ago | 2 mins read Altcoin News $3 billion worth of SHIB tokens transferred to a dead wallet, skyrocketing burn rate. SHIB gains 1%, with a rising market cap and increased trading volume. Bla...
Digital asset investment products see outflows for 4th consecutive week totaling $200M
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...
Berkshire Hathaway: Here Are the Stocks Warren Buffett and Co. Bought and Sold
Text size Berkshire Hathaway’s equity portfolio totals about $350 billion. Above, CEO Warren Buffett at the 2019 shareholders meeting. Johannes Eisele/AFP via Getty Images Berkshire Hathaway eliminate...
DJs Polo & Pan Put a Fresh Spin on Chess Piece NFTs in Immortal Game
This story comes from GG. Your Web3 Gaming Power-Up Discover GG You’ve never played chess like this before. In a new crossover, chess video game Immortal Game and electronic musicians Polo & Pan h...
Warren Buffett sells stakes in two banks, raises Bank of America bet
Warren Buffett cut his exposure to two more banks last quarter while raising his commitment to Bank of America (BAC) and buying new stock in Capital One (COF). The billionaire’s investment congl...
Why Ripple and Token Holders Are in Jeopardy
The United States Securities and Exchange Commission (SEC) launched a lawsuit against Ripple Labs, the company responsible for the crypto XRP. The SEC asserts that Ripple carried out an unregistered s...
Berkshire Hathaway, Capital One, Beam, Tesla
These are the stocks moving in after hours on Monday, May 15th, 2023. Berkshire Hathaway (BRK-A) (BRK-B) Berkshire Hathaway released its 13F filing showing the conglomerate bought shares of financial ...
SEC Reduces LBRY’s Fine From $22 Million To $111,000 After Revision of Punishment
The US Securities and Exchange Commission (SEC) has revised the initial punishment against a blockchain-based content provider, LBRY. It has significantly reduced the penalty from the previous $22 mi...
Elon Musk subpoenaed in Jeffrey Epstein litigation in U.S. Virgin Islands
By Tom Hals WILMINGTON, Delaware (Reuters) -The U.S. Virgin Islands has subpoenaed Tesla Inc CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co of helping enable sexual abuses...
G7 Unites to Embrace Global Crypto Regulations and IMF Guidelines
G-7 unites to embrace upcoming crypto asset regulations set by the FSB. G-7 reaffirms support for IMF’s guidelines on central bank digital currencies. Finance ministers and central bank governors di...
Financial firms, lawmakers join crypto industry opposing SEC rule change
It’s not just the usual cast of crypto companies complaining about a proposed overhaul to custody rules from the SEC. Republican lawmakers and traditional finance companies aren’t happy either, and th...
Bitcoin Funds Take a Hit As Investor Confidence Wanes
Money is being pulled out of big crypto funds as investor sentiment seemingly shifts and the digital asset market as a whole dips. Last week, investors withdrew over $54 million from large digital as...
Berkshire Hathaway Opens New Position in Capital One, Exits Taiwan Semiconductor, BNY Mellon
Berkshire Hathaway’s 13F is out. Warren Buffett’s company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon.com and Celanese in the ...
Binance Struggles, Tough Days for Industry Ahead
Binance faces fierce competition, and rough times are on the way for the crypto industry. Do Kwon may soon be freed, but the SEC may have found another victim within the industry, namely mining. Meanw...
Launch of Financial Blockchain back by Big Firms like Microsoft
The enabled privacy Canton Network opens up new efficiency and innovation by making previously isolated financial systems interconnected and linked in previously impractical ways. The Canton Network B...
Ordinals, BRC-20 Tokens, and Miners Offloading BTC: Why is Bitcoin Down
Bitcoin recovered slightly over the weekend, but still remains suppressed at a relative seasonal low of $27,360. What’s behind the latest slump?According to crypto market analysis firm CryptoQuant, th...