FTX restructurers allege SBF, other execs knowingly commingled, misappropriated customer funds since inception

Court documents filed concerning the bankruptcy of cryptocurrency exchange FTX allege that its executives, including founder Sam Bankman-Fried, knowingly commingled and misused customer funds since th...

Pro-XRP Lawyer Proposes Acquiring “Bankrupt Assets” Over $5B Buyback

John Deaton, prominent pro-XRP lawyer, shares insights on Ripple’s potential buyback. Ripple’s CTO, David Schwartz, denies knowledge of any buyback plans, debunking the rumors. Nevertheless, Deaton su...

Cross-border stablecoin payments testing underway at SAP

Multinational software company SAP is now testing cross-border USDC payments on Ethereum’s Goerli testnet. The test will be open to any interested businesses globally and has been in the works since t...

Bakkt Removes Polygon From Its Platform, Could You Trade MATIC On This New Hybrid Exchange?

Bakkt, a New York-based crypto exchange for institutional investors, has announced that it will join other centralized exchanges (CEX) to remove Polygon (MATIC) from its platform. The announcement com...

OKX’s BRC-20 Token Standard Security Assessment Approved by CertiK

21 mins ago | 2 mins read Exchange News OKX will be able to integrate this new token technology into its platform more smoothly. Inscription support is planned for the exchange, which will increase in...

China Wants Yuan to De-Dollarize Global Trade

China want the yuan to displace dollar-based trade, as five other countries explore alternatives. The communist state has embarked on strategic initiatives to promote renminbi use in international tra...

FTX Debtors Release Second Investigative Report With $8.7 Billion Debt Of Exchange

Key Points: FTX Debtors issued a second investigation report revealing the commingling and misappropriation of client money at the defunct crypto exchange. The report is part of an ongoing study to tr...

Q&A on Weathering the Regulatory Storm, Uniswap v4, What’s Next for DeFi

When we first rolled out Uniswap v3, it was a really powerful protocol. And it sort of ultimately proved itself, and today it has about 90% market share on Ethereum specifically for on-chain trading a...

SHIB Market Plunges: Musk’s Account Suspension Sparks Bearish Panic

The Shiba Inu market succumbs to a bearish whirlwind as Elon Musk suspends the burn tracker. SHIB price plunges amidst burn tracker suspension, signalling market distress. Negative sentiment engulfs t...

MAS publishes report on asset tokenization and DeFi

The Monetary Authority of Singapore (MAS) has recently disclosed a detailed report exploring the integration of asset tokenization and decentralized finance (DeFi) within global financial systems and ...

Cathie Wood’s Ark Invest is First in Line

Cathie Wood’s Ark Invest has boldly declared that it is first in line to receive potential approval from the SEC for a spot Bitcoin Exchange Traded Fund (ETF).  Ark Invest is More Deserving This comes...

Hut 8 secures $50M loan to boost ‘financial flexibility’ ahead of merger, halving

Bitcoin mining company Hut 8 aims to enhance its “financial flexibility” by securing a loan prior to its upcoming merger with US Bitcoin Corp. and the anticipated bitcoin halving. The proceeds of a $5...

Ripple (XRP) Poised for a Strong Week

Ripple (XRP) price has stagnated within the $0.47 – $0.49 range for the past week. But, as the media buzz surrounding XRP cools, the underlying economic activity on the network has intensified. Is XRP...

Ripple Continues To Get Another Lawyer Withdraws From The Lawsuit

Key Points: Ripple’s lawyer resigned from the SEC case, causing uncertainty for XRP token holders. The lawyer’s resignation is not indicative of a settlement or significant development in the case. Ri...

Why Dogecoin May Hold This Key Support Amid Bears Presence

The CMF drop to -0.11 suggests that DOGE had lost the strength behind its uptrend. The RSI indicated that there was low demand but enough to keep the price above water. DOGE could end up consolidating...

FTX debtors recover $7B, say investigation has been ‘extraordinarily challenging’

Debtors have recovered approximately $7 billion in liquid assets from FTX, according to new court documents.  While this still falls short of the roughly $8.7 billion that the exchange owes to its cus...

NEAR Price Surges 13% Post Partnership With Alibaba Cloud

21 mins ago | 2 mins read Blockchain News The group is working together so that more developers will use the NEAR Protocol. It has surged 13% in the last 24 hours to its current price of $1.60 as per ...

FTX Owes its Customers A lot of Money: Internal Audit

Key Takeaways FTX released an internal audit that showed that FTX would strategically lie to auditors about its commingled funds. Over $7 billion in liquid assets have been recovered, with more in ant...

Another Attorney Calls It Quits

Alex Dovbnya These recent departures are unlikely to have any bearing on the high-profile case Ripple Labs, which is facing an ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC), h...

Singapore central bank reports on tokenized asset network models after trials

As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key t...

Hut 8 Enters a $50M Loan Agreement With Coinbase

North America-based mining company Hut 8 has entered a $50 million credit facility with Coinbase’s subsidiary Coinbase Credit. During the 2022 crypto winter, the mining companies significantly suffere...

Hut 8 secures $50 million credit facility from Coinbase

Hut 8 will have the option to draw $20 million and $15 million after the first tranche. The $50 million loan facility will mature one year after the first borrowing, and bear interest. CEO Jaime Lever...

Binance Withdraws Approval In Austria Because Of Legal Pressure: Report

Key Points: Binance has reportedly withdrawn its application for registration with the Austrian Financial Market Authority (FMA). The regulator is said to have exerted pressure in the background, and ...

FTX Exchange in $8.7B Debt to Clients Amid Bankruptcy: Misappropriation of Funds Revealed

In a startling revelation, the bankruptcy team delving into the financial details of the defunct FTX exchange has uncovered a massive $8.7 billion debt owed to customers. The exchange, once lauded as ...

Will the Launch of Lido V2 Cause LDO to Rise in the Next Week?

Token Unlocks predicted in a tweet today that LDO’s price will rise in the coming days. The platform noted the recent launch of Lido V2, which introduced several “game-changing” features. At press tim...

Is PEPE’s bull run over again?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. PEPE’s rally stalled at critical resistance level...

Cardano (ADA) Soars 11% In The Last Week, More Rallies Ahead?

Cardano’s (ADA) price has scored over 10% on the weekly chart as the broader market sees a correction. Most coins registered unexpected price surges amid the resurgent crypto market last week. However...

Is it the Right Time to Buy Solana (SOL) and Polygon (MATIC)?

After maintaining a significant consolidated trend, the crypto markets were believed to trigger a notable upswing ahead. Meanwhile, the interference of bearish activity in the past few hours has hampe...

Singapore regulator backs private networks over public in framework for digital assets

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...

Australia Shifts To ‘Tech Agnostic’ Approach On Token Mapping

Australia’s Treasury Department is developing its token mapping framework for digital assets to be both “tech agnostic” and “principles-based,” rather than adopting a rig...

MAS Proposes Open and Interoperable Framework for Digital Asset Networks

The Monetary Authority of Singapore (MAS) has unveiled a comprehensive report introducing a framework for the design of open and interoperable networks for digital assets. The report, titled “En...

Uniswap, Aave, and Curve Finance Experience Significant Price Surges in 24 Hours

The past 24 hours have witnessed substantial price increases for Uniswap (UNI), Aave (AAVE), and Curve Finance (CRV). According to CoinGecko, AAVE’s value skyrocketed by 27.2%, UNI saw a rise of 10.9%...