Key Takeaways A new report from the Bank for International Settlements argues that “structural flaws” make crypto an impossible basis for a new monetary system. The BIS however indicated its interest ...
Tag: report
Report #5: BGA Games and DappRadar Shows Blockchain Gaming Is Bucking the Bear Market
Amid a brutal bear market, blockchain games are the vertical maintaining pace with the rest of the industry. Illuvium’s Galaverse and new move-to-earn ventures keep interest in this vertical alive. Th...
Over 100 Million Shiba Inu Burnt In Two Transactions, 216 Million in 24 Hours: Report
– Advertisement – Shiba Inu Burn Rate Surges 162.98% over the last day as Shiba Inu Community has taken out another 216.30 Million SHIB in the past 24 hours. Over 100 Million Shiba Inu tok...
Central Bank of Taiwan Warns Investing in NFTs Could Be Dangerous (Report)
The Central Bank of the Republic of China (Taiwan’s central banking institution) reportedly warned that the non-fungible token (NFT) sector is full of fake transactions. As such, it advised investors ...
South Korean prosecutors ban Terraform Labs employees from exiting the country: Report
Terraform Labs employees are reportedly unable to leave South Korea due to the country’s prosecutors imposing a departure ban on key developers of the project. On Monday, Korean media outlet JTBC repo...
Terraform Labs Staff Banned From Leaving South Korea: Report
Key Takeaways According to a Monday JTBC report, Terraform Labs employees have been banned from leaving South Korea while the investigation of Terra’s blowup is still ongoing. One former Terra d...
Bybit The Latest Crypto Exchange To Cut Jobs Amid Crash: Report
Bybit is the latest crypto exchange to consider layoffs amid a crippling crypto crash, reports suggested on Monday. CEO Ben Zhou issued an internal letter to Bybit employees explaining that the exchan...
Bitcoin (BTC) Long-Term Holders Are Finally Giving Up: Report
The world’s largest cryptocurrency Bitcoin witnessed another major weekend of a bloodbath as the BTC price took a dive under $18,000 for the first time. There have been major liquidations taking place...
Crypto Hedge Fund Three Arrows Capital Mulls Rescue From Outside Firms Amid Staggering Losses: Report
An ailing crypto hedge fund is reportedly contemplating its options in dealing with massive losses, including being bailed out by other firms and selling remaining assets. In a new report by the Wall ...
Interest Rates Are Well Below What Academic Formulas Suggest, Fed Report Says
Several simple mathematical formulas used to inform where interest rates should be set under current economic conditions show that high inflation would call for the Federal Reserve to set rates betwee...
Report: Cawthorn Didn’t Report Crypto Buys in Time
The republican representative of North Carolina in the House Madison Cawthorn has been under investigation for some time for allegedly not reporting various cryptocurrency purchases. Cawthorn Didn’t D...
FBI Agent Says Crypto Investment Scams on LinkedIn ‘Significant Threat’ to Consumers: Report
The Federal Bureau of Investigation (FBI) is reportedly saying that crypto-related investment scams on popular professional networking platform LinkedIn are now a serious threat to the public. Accordi...
Bitcoin mining stock report: Friday, June 17
It has been a tough week for crypto and as it draws to a close, a mix of bitcoin miners are seeing their stocks rise and fall in the markets. On the positive side, Cipher Mining’s stock rose by...
FATF to publish travel rule implementation report this month
The Financial Action Task Force (FATF) is gearing up to publish a report on how member nations are implementing its travel rule and emerging views on decentralized finance (DeFi). The global anti-mon...
European crypto ETN and ETP report: Friday, June 17
All but one of the European crypto ETNs and ETPs tracked by The Block closed down on Friday following a turbulent week in the markets. Crypto lending platform Celsius set the tone this week as it hal...
Federal Reserve highlights ‘structural fragilities’ in stablecoin market in new report
The US Federal Reserve is pointing to the recent collapse of TerraUSD and other algorithmic stablecoins as examples of financial stability risks. In its June 17 monetary policy report, the Fed noted ...
California Man Pays a Hitman $13K in Bitcoin to Kill his Ex-Girlfriend (Report)
Scott Quinn Berkett – a 25-year-old resident of Beverly Hills, Los Angeles – reportedly pleaded guilty to transferring $13,000 worth of bitcoin to a hitman on the Dark Web. The latter was supposed to ...
Switzerland’s SIX Digital Exchange Postpones Crypto Services Launch Amid Market Sell-off (Report)
Due to prevailing market conditions, SIX Swiss Exchange has postponed the launch of its crypto services arm, SIX Digital Exchange (SDX). Of note, the stock exchange is Switzerland’s main and the 3rd l...
BIS Report: Regulators Gotta Determine If Miner Extractable Value (MEV) Is Illicit
The Bank for International Settlements has recently published a research paper and has equated miner extractable value (MEV) to illegal activities in conventional markets such as front running and san...
Elon Musk Wants To Integrate Crypto Payments Into Twitter: Report
A new report says billionaire Tesla CEO Elon Musk wants crypto to play a bigger role in Twitter’s future. According to a transcript published by Vox, the SpaceX CEO spoke to Twitter employees on a vid...
Bitcoin mining stock report: Thursday, June 16
Bitcoin miners were largely down in the stock markets on Thursday. Among the companies with the biggest losses were Digihost Technology (-12.70%), Cipher Mining (-11.18%) and Stronghold Digital Mining...
Can May’s biggest GameFi crash victims survive the bear market? | May Monthly Report
? Want to work with us? CryptoSlate is hiring for a handful of positions! There were many ups and downs in May for the GameFi sector and cryptocurrency investors. Especially in terms of GameFi financi...
Three Arrows Capital weighs bailout as Kyle Davies breaks silence: Report
Crypto-focused hedge fund and venture capital firm Three Arrows Capital is considering the sale of remaining assets and even a bailout as it grapples with the prospect of insolvency in the wake of a v...
Binance CZ Condemns the Coindesk Report Alleging TerraForm Labs Owns the Wallet That Triggered $UST Implosion
– Advertisement – The founder of Binance has joined FatMan in condemning the joint report published by Coindesk and Uppsala Security. Changpeng “CZ” Zhao, the founder and CEO of world’s l...
Bitcoin Consumes Million Times More Energy Than Credit Cards: IMF Report
Alex Dovbnya The IMF has taken aim at Bitcoin’s energy use in its new report According to a new report published by the International Monetary Fund, Bitcoin, the world’s largest cryptocurrency, ...
Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service – UPI (Report) Indian Crypto Advocacy Body Press for Restoration of Instant Retail Payments Service –
The Blockchain and Crypto Assets Council (BACC) has asked the National Payments Corporation of India (NPCI) to restore the UPI service to Indian crypto exchanges. In a letter, it requested a meeting w...
BIS report warns about front-running threat in crypto mining
Since 2020, miners on the Ethereum blockchain have extracted around $600 million from other investors by miners, according to a new report by the Bank for International Settlements (BIS) focusing on c...