Author: e_cash_top
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Bittrex Global to halt all trading in December as closure extends globally
[ad_1] Bittrex Global announced that it will end most exchange operations and trading activity in the coming weeks in an announcement published on Nov. 20. The company wrote: “It is with great regret that we announce that Bittrex Global has decided to wind down its operations. This decision was not made lightly, and we understand…
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Bullish buys CoinDesk as crypto media shakeups continue
[ad_1] The sale of cryptocurrency news site CoinDesk to a new owner has concluded, according to an announcement from the purchasing firm on Nov. 20. Bullish, a firm operated by former New York Stock Exchange President Tom Farley, said that it acquired the news site from its previous owner, Digital Currency Group (DCG). CoinDesk will…
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Bitcoin reaches peak realized price for short-term holders as new investor activity surges
[ad_1] Quick Take Bitcoin’s realized price, representing the aggregate on-chain acquisition cost, has hit its yearly high of $20,926. Concurrently, the short-term holder realized price – an indicator for coins outside exchange reserves moved within the last 155 days – has likewise achieved a yearly peak of $30,462. This ascension emphasizes an increased probability of…
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Binance faces historic penalty as DOJ settlement talks suggest over $4 billion
[ad_1] Binance Holdings is in talks with the U.S. Justice Department (DOJ) to resolve allegations of criminal activities, including money laundering, bank fraud, and sanctions violations, via a settlement that could exceed $4 billion, Bloomberg News reported Nov. 20, citing sources. The development follows a years-long investigation by U.S. authorities into Binance’s operations related to…
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Interim OpenAI CEO Emmett Shear announces investigation as staff revolts against board
[ad_1] Emmett Shear, OpenAI’s new CEO, wants to investigate the happenings at the company that culminated in the removal of former CEO Sam Altman. In a Nov. 20 statement on social media platform X, Shear outlined a 30-day plan comprising three key objectives: restructuring the management and leadership team, investigating the reasons behind departures, and…
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Tether, OKX collaborate with DOJ to seize record $225M in illicit USDT funds
[ad_1] Tether, the issuer of the USDT stablecoin, and crypto exchange OKX have partnered with the U.S. Department of Justice to seize $225 million, the largest-ever freeze of USDT in history, according to a Nov. 20 statement. The frozen USDT was linked to an international human trafficking syndicate in Southeast Asia that orchestrated a global…
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Japan’s Osaka Digital Exchange to kick off security token trading with Ichigo’s real estate assets
[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…
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Ark Invest Bitcoin ETF will ‘not provide investors with direct exposure to spot bitcoin’
[ad_1] In a significant development for the cryptocurrency exchange-traded fund (ETF) market, ARK 21Shares Bitcoin ETF has amended its strategy, transitioning from providing direct exposure to Bitcoin to offering investors indirect access. This pivot, detailed in the latest S-1 amendment, marks a critical juncture in the evolution of crypto ETFs. 21Shares Bitcoin ETF filing –…
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Spot ETF optimism fuels record eight-week streak of crypto ETP net inflows
[ad_1] Market optimism surrounding the potential approval of a spot crypto ETF by the U.S. Securities and Exchange Commission (SEC) has resulted in inflows for eight consecutive weeks into Exchange-Traded Products (ETPs), according to CoinShares’ latest weekly report. Per the report, these crypto investment products attracted inflows totaling $176 million last week, bringing the year-to-date…
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SBF granted post-trial extension indicating potential appeal strategy or reduced sentencing
[ad_1] Judge Lewis A. Kaplan of the United States District Court, Southern District of New York, has granted a request for an extension for filing post-trial motions in the case against Sam Bankman-Fried, according to a court order dated Nov. 18. The granted extension, as requested by Bankman-Fried’s legal representation from Cohen & Gresser LLP,…