Alex Dovbnya Paxos has been ordered to stop issuing BUSD token due to unresolved issues related to Paxos’ oversight of its relationship with Binance The controversy surrounding Binance’s s...
Tag: Prompts
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions – Regulation Bitcoin News
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million...
Microsoft, Google chatbot frenzy prompts rally in AI, big data tokens
Artificial intelligence (AI) and big data tokens are rallying amid the sudden fascination with AI chatbots. Google is promoting its Bard bot, while Microsoft relaunched its Bing search engine with Cha...
Bitcoin price rally over $21K prompts analysts to explore where BTC price might go next
After Bitcoin (BTC) hit a yearly high of $21,095 on Jan. 13, where is it headed next? Bitcoin is currently witnessing an uptick in bullish momentum after the positively perceived Consumer Price Index ...
Crypto Bank Silvergate Shares Plunge 46% After $8.1B Withdrawal in Q4 Prompts 200 Job Cuts
The bank has also halted its plans to launch a digital currency and has written off the $196 million related to its acquisition of the technology and assets of Diem Association from Facebook parent Me...
Sam Bankman-Fried meeting with Biden administration prompts speculation
This week, the Biden administration announced that Sam Bankman-Fried (SBF) had met with Biden aides to discuss ‘pandemic prevention.’ The announcement raised questions and suspicions among the public....
Silvergate Tumbles After FTX Implosion Prompts $8.1 Billion Bank Run
(Bloomberg) — Silvergate Capital Corp. shares plunged after the bank said the crypto industry’s meltdown triggered a run on deposits, prompting the company to sell assets at a steep loss and fir...
FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants
(Bloomberg) — Most Read from Bloomberg On Oct. 26, days before the collapse of his crypto exchange FTX, Sam Bankman-Fried sat for lunch at an upscale Dubai restaurant, subtly testing the waters ...
Telos stock plunges 69% as soft revenue guidance prompts downgrade from D.A. Davidson
Shares of cybersecurity company Telos Corp. TLS, -68.84% plummeted 69% Wednesday, after the Ashburn, Va.-based company beat third-quarter earnings estimates but cut revenue guidance for the year as it...
Subtropical Storm Nicole Prompts U.S. Hurricane Watches
Projected track of Subtropical Storm Nicole NOAA Well that escalated quickly. This weekend I warned that a subtropical system was likely to form and impact Florida by the end of the week. A Hurricane ...
Rabby Wallet exploit prompts users to revoke access
Ethereum wallet service Rabby has reported an exploit in its smart contract for its Rabby Swap feature. The full extent of the exploit remains unknown. However, users have reported the draining of fun...
Telecoms Data Breach Prompts Privacy Overhaul in Australia
Australia has announced its intentions to bolster privacy regulation following a data breach at the country’s second-largest telecoms firm. The personal data of up to 10 million customers, some 40% of...
Italy’s Far-Right Turn Prompts Adulation, Trepidation And Dismay From Europe’s Leaders
Topline Giorgia Meloni is on course to become Italy’s first female prime minister and lead the country’s most right-wing government since World War Two, a sharp rightwards turn that has been met with ...
Mystery Respiratory Illness In Argentina Prompts Investigation After 3 People Die
Topline Three people have died from a mysterious respiratory illness in Argentina this week, local health authorities announced on Thursday, with experts hunting for the cause after ruling out common ...
Ethereum Merge prompts miners and mining pools to make a choice
The Ethereum blockchain is all set to make its highly anticipated transition from its current proof-of-work (PoW) mining consensus to proof-of-stake (PoS). The Merge date is officially scheduled for S...
Senator Prompts Regulators to ‘Do More’ to Combat Crypto Scams and Fraud
The chairman of the Senate Banking Committee called out the risks of crypto on Thursday, expressing a need from regulators to protect the public from scams and fraud. “Bitcoin can be used for old-time...
EU-Wide Regulation Prompts Crypto Exchanges to Set up Shop
In anticipation of EU-wide regulation coordinating the union’s approach to digital assets, cryptocurrency exchanges have been scrambling to set up shop. Over the past week, both Crypto.com and Coinba...
The Crypto Market Crash Prompts the FSB to Propose Global Regulations (Report)
The Financial Stability Board (FSB) – an organization created by the G20 countries that supervises the international monetary system – will reportedly propose a regulatory framework focused on digital...
Ethereum’s failure to close above $1.3K prompts analysts to predict more downside
The Ethereum (ETH) network moved one step closer to completing its transition to proof-of-stake (PoS) this week after the successful completion of its second-to-last major Merge trial on the Sepolia p...
Bitcoin market meltdown prompts fresh warning in China that value of world’s leading cryptocurrency could fall to zero
The global cryptocurrency industry’s latest meltdown has prompted fresh warning in China that the value of bitcoin could drop much further and be worth nothing, as Beijing renewed efforts to dis...
Ethereum’s Ropsten ‘Merge’ Prompts Mixed Analyst Sentiment; Bitcoin Is Flat
Bitcoin was recently trading at about $30,000, roughly flat for the past 24 hours. Ether, the second-largest crypto by market cap, was changing hands just below the $1,800 level, about where it was pe...
SEC legal action over BNB token prompts fears over which altcoin is next
? Want to work with us? CryptoSlate is hiring for a handful of positions! The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017,...
Market Rout Prompts Analyst to Slash Bitcoin Miners’ Price Targets by Average of 65%
Lewis kept his buy rating on all four mining stocks he covers – Riot Blockchain (RIOT), CleanSpark (CLSK), Core Scientific (CORZ) and Marathon Digital (MARA) – and remains optimistic about the longer-...
UK Oil Windfall Tax Prompts BP to Review Investment Plans
(Bloomberg) — BP Plc said it will look again at its plans in the UK, raising questions about whether a £5 billion windfall tax on oil and gas profits announced by the government included enough ...
China’s consumer prices climb as Covid prompts food stockpiling
Fresh vegetable prices rose by 24% year-on-year in April as consumers stocked up to prepare for potential stay-home orders. Pictured here is a delivery driver for Alibaba’s Hema Fresh supermarke...
Global Exodus From Chinese Markets Prompts Xi to Change Tack
(Bloomberg) — It took one of the biggest stock-market routs in Chinese history, but President Xi Jinping may finally be heeding the concerns of international investors. Most Read from Bloomberg ...
Ripple Execs’ Failed Motion Prompts SEC to Declare Its Internal Docs “Irrelevant”
Alex Dovbnya The defendants will have a chance to respond to the SEC’s letter in support of its motion for partial reconsideration and clarification In a recent letter to Magistrate Judge Sarah Netbur...
Fears of Using Crypto to Evade Sanctions Prompts FinCEN to Alert Financial Institutions
FinCEN has advised crypto trades and banks to be aware of the dubious development of crypto While it’s improbable that approvals forced on Russia will prompt huge scope crypto-centered avoidances, car...
$110 Oil Prompts Private Shale Firms To Open The Taps
When rebounding oil demand began pushing benchmarks higher last year, forecasters and traders alike watched the U.S. shale patch with bated breath to see when drillers would start drilling again. Most...
Customer demand prompts Charles Schwab file for Crypto Economy ETF
Multinational financial services giant Charles Schwab has responded to client demand to invest in cryptocurrency by filing with the Securities and Exchange Commission (SEC) to launch a Crypto Economy ...