While the stablecoin market has seen significant redemptions in the past three months, the supply of tether, the largest stablecoin by market capitalization, has increased by 2.46 billion since mid-No...
Tag: news
Twilio News And Twilio Stock Outlook
SOPA Images/LightRocket via Getty Images Key takeaways Customer engagement company Twilio announced plans to cut 17% of its workforce, which is approximately 1,500 jobs The company is making changes t...
BTC Edges Closer to $22,000 Ahead of US Inflation Report – Market Updates Bitcoin News
Bitcoin rebounded in Tuesday’s session, as markets prepared for this afternoon’s U.S. inflation report. It is expected that the annual rate of inflation in the United States dropped to 6.2% in January...
The Key to Unlocking Africa’s Economic Potential – Press release Bitcoin News
press release PRESS RELEASE. For foreign investors who have always wanted to diversify their portfolio with African assets but have been held back by security and transparency, this might be a game-ch...
Flutterwave CEO in Bid to Recover Millions Stuck in Kenya – Africa Bitcoin News
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the ...
BNB tumbles more than 9% after Paxos news
Ad Binance Coin has fallen more than 9% today as investors mull the prospect of increased regulatory scrutiny in light of an SEC warning that the Binance stablecoin may be considered a security. BNB ...
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives – Bitcoin News
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objecti...
CBUAE Plans to Launch Central Bank Digital Currency
As part of the first phase of its recently initiated financial infrastructure transformation (FIT) initiative, the Central Bank of the United Arab Emirates (CBUAE) has plans to introduce a central ban...
India Having ‘Detailed Discussions’ With G20 Members on Crypto Regulation – Regulation Bitcoin News
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, Indian Finance Minister Nirmala Sitharaman has re...
Ethereum Co-Founder Vitalik Buterin Donates 50 ETH
At this point, Ethereum co-founder Vitalik Buterin has made at least two significant donations to aid the victims of the earthquake that struck Turkey and Syria a week ago. The earthquake with a magni...
At Least 1,000 Lawsuits Filed Against Crypto Miners in Russia’s Irkutsk Region – Mining Bitcoin News
Authorities in the Russian region of Irkutsk have so far filed 1,000 lawsuits against what they call “gray” miners, or people minting coins in their homes. In over half of these cases, courts have ord...
Binance Coin (BNB) Price Falls on Paxos News
The Binance Coin (BNB) price is correcting after a massive upward movement in Jan. Negative Binance news likely accelerated the drop. Some of the most negative Binance news for a long time hit on Feb....
$46 million in ill-gotten crypto on the move again
The ill-gotten cryptocurrency from one of the industry’s major hacks is on the move again, with on-chain data suggesting that another $46 million of stolen assets has been migrated from the hack...
Iris Energy Boosts Self-Mining Capacity With 4.4 EH/s of New Bitmain Bitcoin Mining Rigs – Mining Bitcoin News
Bitcoin miner, Iris Energy, announced plans to increase the company’s self-mining capacity, from 2 exahash per second (EH/s) to approximately 5.5 EH/s, after it receives 4.4 EH/s of new Antminer S19j ...
Stablecoin withdrawals reach almost $500M in wake of BUSD news
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly ...
Eddy Alexandre Pleads Guilty to Commodities Fraud
In a New York district court, Eddy Alexandre, the CEO of a putative cryptocurrency trading platform known as EminiFX, pled guilty to commodities fraud. As part of his plea deal, he agreed to pay back ...
BUSD Redemptions Soar Near $290 Million in 8 Hours After NYDFS Consumer Alert – Bitcoin News
Before Paxos published a press release at 6 a.m. Eastern time Monday, the stablecoin BUSD had approximately 16.16 billion tokens in circulation. In the past eight hours, nearly $290 million has been r...
OneKey Addresses Vulnerability That Allowed Hardware Wallet to be Hacked
OneKey, a company that provides cryptographic hardware wallets, has said that it has already patched a flaw in its firmware that made it possible for one of its hardware wallets to be compromised in u...
Binance CEO Warns of ‘Profound Impacts’ on Crypto Industry if BUSD Is Ruled as a Security – Altcoins Bitcoin News
Binance CEO Changpeng Zhao (CZ) has warned of “profound impacts” on the crypto industry if stablecoin Binance USD (BUSD) is ruled as a security. His warning followed an alleged lawsuit by the U.S. Sec...
Bakkt Shifts Focus to B2B Technology Solutions, Plans to Discontinue Consumer App – Bitcoin News
Bakkt Holdings Inc. announced Monday that it will solely focus on business-to-business technology solutions and discontinue its consumer application. The company stated that the app will officially be...
Coinbase Executives Stand Up for Crypto Staking Services
Trade in cryptocurrencies Executives at Coinbase are defending the company’s cryptocurrency staking services, arguing that they cannot be categorized as a security and threatening to take the su...
MATIC Drops by 10%, ATOM Hits 2-Week Low – Market Updates Bitcoin News
Polygon fell by over 10% on Feb. 13, as a red wave swept through cryptocurrency markets during Monday’s session. Volatility was high ahead of Tuesday’s U.S. consumer price index release, and with the ...
Inflation report due Tuesday has the potential to deliver some bad news
Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Just as Federal Reserve officials have grown optimistic that inflation is coo...
What’s Next for Palantir as It Prepares to Post Earnings?
Big data analytics firm Palantir Technologies Inc. (PLTR) is scheduled to report their latest earnings after the close of trading Monday. Let’s check out the charts and indicators before the pri...
Silvergate Capital Corp. is the second-most-shorted stock
According to the most recent Short Interest Reporting dated February 9, the cryptocurrency bank Silvergate Capital Corp. is the second-most shorted company in the United States, with nearly 72.5% of i...
Brazilians Will Be Able to Pay Taxes With Crypto – News Bitcoin News
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy,...