Author: e_cash_top

[ad_1] Bitcoin’s price starts the new week in the red after a surge in Ordinals minting resulted in a clogged blockchain network over the weekend. Data from CryptoSlate shows that BTC’s price fell by around 2% during Asia trading hours to $41,189, reminiscent of how the flagship digital asset began the previous week. Similarly, other…

[ad_1] FTX Debtors filed an amended Chapter 11 reorganization plan on Dec. 16 that will potentially lead to millions of dollars worth of losses for the defunct crypto exchange’s creditors. The plan proposes valuing the creditors’ claims at crypto prices on Nov. 11, 2022, the day FTX filed its bankruptcy petition. In the days leading…

[ad_1] The world’s largest stablecoin issuer has frozen 326 wallets containing $435 million worth of Tether (USDT) for the U.S. authorities, the company highlighted in a letter on Dec. 15. The assets were frozen to assist law enforcement authorities, including the U.S. Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and the Secret…

[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] Tap Protocol has completed a $4.2 million funding round led by Sora Ventures to enhance its role in the Bitcoin ecosystem. This investment, featuring contributions from numerous venture capital firms and angel investors, equips Trac Systems, the German company behind Tap Protocol, for significant growth. The funding round attracted notable venture capital firms, including…

[ad_1] On Dec. 15, the U.S. Securities and Exchange Commission (SEC) denied a petition from the cryptocurrency exchange Coinbase, which had requested the development of new rules for digital asset securities In a response letter to Coinbase, the SEC said it “concludes that the requested rulemaking is currently unwarranted and denies the Petition.” The decision…

[ad_1] Ethereum Name Service (ENS) has achieved decentralized governance, according to a message from the project’s creator on Dec. 14. ENS is a naming system for the Ethereum blockchain that adds human-readable names to various resources, including crypto wallets and websites. Until now, the project’s root node was managed by members of the Ethereum community.…

[ad_1] Polygon Labs announced on Dec. 15 that it had ended its contributions to Polygon Edge, a platform leveraged by several blockchain projects. The company said that it would shift its focus to Polygon CDK, a successor solution that aims to produce a unified layer-2 ecosystem with interoperability and a single pool of liquidity. It…

[ad_1] This week, BlackRock, the world’s largest asset manager, made significant strides in its artificial intelligence and Bitcoin ETF efforts as it heads into the year’s end. Pensions & Investments reported on Dec. 14 that BlackRock has launched an AI tool or “copilot” in a private preview aimed at BlackRock’s eFront users. The eFront copilot,…

[ad_1] Coinbase intends to initiate legal action against the SEC, accusing the regulatory body of shirking its responsibilities, according to the exchange’s chief legal officer, Paul Grewal. The move follows the SEC’s rejection of Coinbase’s petition for establishing specific regulatory rules for cryptocurrency transactions, a request that Coinbase had been pushing for since July 2022.…