Author: e_cash_top

[ad_1] 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 manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS…

[ad_1] Ethereum’s co-founder Vitalik Buterin shared his insights on the evolving landscape of the crypto ecosystem on Dec. 29, mainly focusing on Ethereum’s role in shaping a more open and decentralized internet in a blog post entitled “Make Ethereum Cypherpunk Again.” Since its inception, Ethereum has journeyed beyond being a mere extension of Bitcoin with smart…

[ad_1] India’s Financial Intelligence Unit (FIU) has taken stringent measures against nine offshore Virtual Assets Service Providers (VASPs) for non-compliance with India’s Anti-Money Laundering and Counter Financing of Terrorism (AML-CFT) laws, according to a Dec. 28 annoucement. These entities, which include major players like Binance, KuCoin, and Huobi, have been served Show Cause Notices under…

[ad_1] Quick Take Bitcoin (BTC), once viewed as a fringe digital asset, has ascended to claim the rank of the 16th largest currency worldwide when compared to various fiat currencies on a market capitalization basis. Measured by multiplying the total circulating supply of 19.5 million BTC by its unit price, Bitcoin’s market capitalization underscores its…

[ad_1] Terraform Labs obtained a partial victory on Dec. 28 within a case initiated by the U.S. Securities and Exchange Commission (SEC). Judge Jed Rakoff issued one summary judgment in Terraform Labs’ favor and declared that the firm did not offer and effect transactions in security-based swaps. The judge said that mAssets offered on the…

[ad_1] Former Binance CEO Changpeng Zhao asked for parts of his travel request to be made private on Dec. 27. Though Zhao has sought permission to travel outside the U.S. for some time, the latest filings provide more context around his plans. The first court filing indicates that Zhao and his defense team have moved…

[ad_1] In a bold move, U.S. Congressman Warren Davidson, with support from House Majority Whip Tom Emmer, has advocated for the firing of SEC Chair Gary Gensler in 2024, attributing his stance to alleged corruption and abuses of power. This development comes amid escalating tensions between the SEC and the digital asset sector throughout 2023.…

[ad_1] Coinbase International Exchange said on Dec. 28 that it has set leverage limits to 10X on its various perpetual future contracts. The company said in a post on X: “Did you hear? We upgraded our leverage to 10x on all perpetual futures contracts, empowering you to execute more efficient trading strategies.” In an attached…

[ad_1] Chinese authorities have intensified efforts to regulate the use of cryptocurrencies in illegal foreign exchange (forex) trading, South China Morning Post reported. The crackdown specifically targets the misuse of stablecoins like Tether (USDT) in unlawful transactions. The Supreme People’s Procuratorate and the State Administration of Foreign Exchange (SAFE) issued a joint statement on Dec.…

[ad_1] PancakeSwap’s native CAKE token price surged nearly 10% today, according to CryptoSlate’s data, following the decentralized exchange (DEX) proposal to reduce its maximum supply by 300 million to 450 million tokens. There are currently roughly 386 million CAKE tokens issued, with 267 million in the circulating supply. The circulating supply is, therefore, around 35%…