Author: e_cash_top
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Poloniex restores services after $100M hack, users await info on reimbursement plan
[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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Singapore’s Monetary Authority launches new asset tokenization pilots with Project Guardian expansion
[ad_1] The Monetary Authority of Singapore (MAS) has escalated its efforts to expand its asset tokenization initiatives under Project Guardian. This move aims to catalyze the institutional adoption of digital assets, aiming to unleash liquidity, unlock new investment opportunities, and enhance the efficiency of financial markets. A key advancement in this endeavor is the initiation…
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UK sees first positive real interest rates since 2008 as BOE outpaces inflation
[ad_1] Quick Take The United Kingdom is experiencing a noteworthy economic phenomenon – Positive real rates – for the first time since 2008. This occurs when the Bank of England (BOE) interest rates surpass Consumer Price Index (CPI) inflation. Currently, the UK’s CPI inflation sits at 4.6%, while the BOE maintains interest rates at 5.25%.…
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Chainlink VRF vulnerability thwarted by white hat hackers with $300K reward
[ad_1] Decentralized oracle network Chainlink (LINK) paid a $300,000 bounty to white hat hackers Zach Obront and Or Cyngiser (Trust), who uncovered a critical bug that could have skewed its Verifiable Random Function (VRF). The bug VRF is a random number generator (RNG) that allows smart contracts to access random values without compromising security. The…
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Record single-day liquidation of $300M as Bitcoin slipped under $35K
[ad_1] Quick Take Bitcoin’s market performance on Nov. 14 presented a notable shift, dipping below $35,000, marking a 9% decrease from its YTD high of just below $38,000. This aligns with a previously discussed premise on CryptoSlate that bull market periods may experience corrections of up to 20%, signifying a natural market adjustment. However, a…
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Judge denies Binance and SEC request for protective order to avoid filings under seal
[ad_1] Judge Amy Berman Jackson has denied the joint motion for a protective order in a notable development in the legal tussle between Binance, the world’s largest cryptocurrency exchange, and the U.S. Securities and Exchange Commission (SEC). This decision underscores the heightened scrutiny and legal complexities characterizing the cryptocurrency sector’s current regulatory landscape. The recent…
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OKX launches testnet for X1, a zkEVM layer-2 network built with Polygon Chain Development Kit
[ad_1] OKX, in collaboration with Polygon Labs, has unveiled the testnet for X1, a new, high-performance Zero Knowledge (ZK) layer-2 network crafted with the innovative Polygon Chain Development Kit (CDK). The launch of X1, envisioned as OKX’s native network, marks a pivotal moment in this collaboration, promising to integrate over 50 million OKX users with…
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Sora Ventures invests in Fhenix, fuels first confidential blockchain using homomorphic encryption
[ad_1] Sora Ventures has joined a consortium of investors in a $7 million funding round for Fhenix. This significant investment supports the development of the Fhenix Network, poised to be the first confidential blockchain platform leveraging fully homomorphic encryption (FHE) within the Ethereum ecosystem. Jason Fang, the Founder of Sora Ventures, expressed his enthusiasm for…
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State of Delaware refers fake BlackRock XRP Trust filing to Department of Justice
[ad_1] The State of Delaware has initiated action against a fraudulent XRP exchange-traded fund (ETF) filing it received, according to reports from Bloomberg on Nov. 14. On Nov. 13, BlackRock appeared to submit a registration to Delware’s Division of Corporations, indicating it is pursuing an XRP exchange-traded fund (ETF). However, later developments revealed that the…
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Court greenlights settlement talks between BlockFi and FTX
[ad_1] On Nov. 14, U.S. Federal Judge Michael Kaplan gave a green light to cryptocurrency firms FTX and BlockFi to begin settlement discussions over a $1 billion dispute. The permission comes in the aftermath of BlockFi’s bankruptcy filing in November 2022, as it seeks to recover funds owed by FTX and its sister hedge fund,…