2 seconds ago | 2 mins read Defi News Earlier, officials in Kentucky claimed that Nexo was insolvent. Nexo created three loans and sent $530 million to MakerDao. A cryptocurrency wallet address identi...
Tag: Clarifies
Doge Founder Slams Dogecoin Tip Jar Proposal, Clarifies Tip Jar Was Not Created For Core Development
– Advertisement – Billy Markus believes that resolving the tip jar debate does not help the community but only settles a dispute between four people. In a Twitter thread on Wednesday, ho...
Binance Clarifies Users Assets Safe on Accounting System Vulnerability Incident
Binance clarified on Sunday, September 18, that the “Binance Accounting System Vulnerability” incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com fo...
Binance Clarifies Accounting System Vulnerability Happened to Binance.US
Binance clarified on Sunday, September 18, that the “Binance Accounting System Vulnerability” incident previously stated by the Helium Foundation occurred on Binance.US, and Binance.com fo...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Coinotizia
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
US Treasury Clarifies How to Comply With Regulations on Sanctioned Crypto Mixing Service Tornado Cash – Regulation Bitcoin News
The U.S. Department of the Treasury has answered some questions on regulatory compliance relating to Tornado Cash, a recently sanctioned crypto mixer. The answers include how to withdraw crypto or com...
U.S. Treasury Clarifies Key Points on Tornado Cash Sanctions
Key Takeaways The U.S. Treasury published new guidance on the subject of the Tornado Cash sanctions on its website today. The Treasury acknowledged the possibility that Tornado Cash was used for legit...
Cardano Creator Charles Hoskinson Clarifies Crypto Project’s Position on Burning ADA To Reduce Supply
The creator of smart contract platform Cardano (ADA) is clearing the air on the crypto project’s stance on burning tokens. In response to a social media user who had accused him of “ignorance,” Charle...
CoinSwitch Is Not Investigated for Money Laundering, Claims CEO Company not Being Investigated for Money Laundering, CoinSwitch’s CEO Clarifies
CoinSwitch Kuber’s CEO Ashish Singhal on Saturday provided more details about the searches at his office and residence by India’s financial crime investigating agency the directorate of enforcement (E...
Binance clarifies it froze Baking Bad corporate account due to law enforcement request, locked assets in agency custody
Binance said it froze Tezos (XTZ) tool contributor Baking Bad’s corporate account because of a law enforcement request and said that Baking Bad is aware of the issue behind the freeze as it was notifi...
FTX CEO Clarifies Misinterpreted Claims of FTX.US Being FDIC Insured
FTX founder Sam Bankman-Fried has denied that the exchange has FDIC insurance while apologizing for any information that might have been misinterpreted to mean FTX.US is FDIC-insured. In an August 19 ...
The Upcoming Merge Will Not Reduce Gas Fees, Clarifies Ethereum Foundation
There are likely to be rumors and misconceptions about the Ethereum Merge because it is one of the most anticipated events in the cryptocurrency space in recent years. The Ethereum team has addressed ...
Last Twenty Years Clarifies Call For Windfall Profits Tax.
Senator Bob Dole (Republican – Kansas) proposed a windfall profits tax tied to inflation circa 1980. Bettmann Archive When profits reported by oil and gas companies are big, they can be really b...
Binance’s CZ clarifies position after ‘incorrect reports’ on WazirX ‘acquisition’
Binance CEO Changpeng Zhao has claimed that the company “does not own any equity” in Zanmai Labs, the parent company of Indian crypto-exchange WazirX. This, a day after India’s Enforcement Directorate...
CZ Clarifies On Binance Acquisition Of WazirX: Allegations Concerning
Hours after the scrutiny of India’s Enforcement Directorate (ED) on WazirX, Binance CEO CZ responded on its relation with WazirX. After raiding the premises of WazirX, the authorities froze the exchan...
Binance Clarifies Involvement In WazirX As ED Raids Director
Per a press release from India’s Enforcement Directorate (ED), crypto exchange Binance is allegedly involved in a money laundering scheme created with WazirX. This entity operates as a crypto exchange...
Did Binance KYC Filter Out Majority Of Users? CZ Clarifies With Facts
Binance KYC process was performed with a total cost of $1 billion as part of compliance efforts, the company CEO said. The crypto exchange has actually grown in the recent times, CZ said, refuting cla...
UK Commission Clarifies The Crypto Property Law
The U.K Law Commission has now proposed changes with an intention to clarify what exactly crypto property laws are. In the middle of the crypto regulations, U.K. Law Commission wishes to educate about...
Tether Hits Back at Critics; Clarifies Once Again That It Holds No Chinese CP as Reserves
Stablecoin issuer Tether took to Twitter on July 27 to clarify that it holds no Chinese commercial paper (CP) on the back of industry rumors that continue to claim its portfolio in the vertical is bac...
Bitcoin Breaches Past $21,000 After IMF Clarifies Crypto Doesn’t Threaten Financial System
Bitcoin investors heaved a sigh of relief on Wednesday as the popular crypto abruptly reversed course and surpassed the $21,000 threshold as Asian trading hours began, Wednesday. Since the Internation...
KuCoin CEO Clarifies Insolvency Rumours as FUD Spreads
KuCoin Exchange’s Chief Executive Officer, Johnny Lyu, has continued to dispel all rumours that the trading platform is turning insolvent. The rumours emanated from a now-deleted Twitter account with ...
Elon Musk Clarifies His Stance on Bitcoin After Tesla’s U-Turn
Alex Dovbnya Tesla CEO Elon Musk said that he was open to buying more Bitcoin in the future Tesla CEO Elon Musk said that his company’s decision to sell most of its Bitcoin holdings shouldn’t be taken...
Gary Gensler clarifies plans for crypto regulations, but will the SEC follow through?
Russia has reportedly implemented a new law that bans crypto payments in the country. This move may rip off the proverbial bandage on the crypto market which has been trying to recover after a major s...
Grayscale Clarifies Commonly Asked Questions about Its Lawsuit with SEC
The SEC categorized Bitcoin Futures ETF and spot Bitcoin ETF as separate products. Grayscale Investments, one of the crypto industry’s largest digital asset managers has shed useful insight into its o...
Coinbase clarifies on selling clients’ data allegations
Cryptocurrency trading platform Coinbase has discredited allegations claiming that the Company is selling the Department of Homeland Security’s Immigration and Customs Enforcement (ICE) with cli...
India Clarifies Stance On Crypto Tax. A Smart Move or Massive Burden?
In a detailed guideline, the Ministry Of Finance provided further details on the 1% TDS applicable to the transfer of cryptocurrencies. The rule will apply to all considerations which exceed Rs. 50,00...
Babel Finance Pauses Withdrawals After Celsius; Amber Group Clarifies Position
Crypto financial service provider Babel Finance has halted withdrawals and redemptions amid a market slump, soon after Celsius did the same, citing ‘liquidity pressure’ In a recent release, the Hong K...
Russia Clarifies Stance On Crypto Payments, Bill Soon?
After a recent statement on allowing cryptocurrency’s use for international payments, Russia gave much needed clarification on the plans. Recent reports suggested that Russia would not allow crypto pa...
Michael Saylor Clarifies MicroStrategy Bitcoin Loan Margin Call Concerns
MicroStrategy CEO Michael Saylor has clarified that the company’s strategy allows it to hold bitcoin (BTC) through volatile times, easing market concerns the firm was facing a margin call on its bitco...
Lawmaker behind NY crypto mining bill clarifies it is not a blanket PoW ban
? Want to work with us? CryptoSlate is hiring for a handful of positions! The controversial New York crypto mining bill is not looking to ban Proof-of-Work (PoW) crypto mining, Anna Kelles, the lawmak...
Binance Terra 2.0 Support Careless? Do Kwon Launching Another Stablecoin? Ever Spoken To Do Kwon? CZ Clarifies
– Advertisement – Binance CEO Changpeng Zhao (CZ) gave an interview to Fortune magazine where he clarified many questions regarding terra 2.0 and Do Kwon. Was Binance Irresponsible? Terra’...
Do Kwon Responds to Terra’s Singapore Move, Clarifies Rumours – Coinpedia – Fintech & Cryptocurreny News Media
The most talked about subjects since the beginning of this month have been Do Kwon, Terra’s founder, and Luna’s fall. Following his proposal for the chain’s rebirth, Kwon eventually responded, clearin...