Author: e_cash_top
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Bitcoin arrives on Cosmos with Nomic nBTC upgrade
[ad_1] An upgrade that brings Bitcoin (BTC) into the Cosmos ecosystem has been completed, according to various announcements on Oct. 31. Cosmos announced in a tweet that its Inter-Blockchain Communication Protocol (IBC) can now transfer nBTC — a token that represents 1:1 ownership of Bitcoin. Cosmos said that another group, Nomic, made this possible as…
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SafeMoon and executives charged by SEC, DOJ in alleged $200M fraud
[ad_1] The SEC and DOJ both filed charges against the controversial cryptocurrency project SafeMoon and related individuals on Nov. 1. The U.S. Securities and Exchange Commission (SEC) alleged that the company and its members carried out a fraudulent scheme by selling the SafeMoon (SFM) cryptocurrency. The regulator also described SFM as a security asset in…
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Solana Labs unveils GameShift, a web3 suite for game developers
[ad_1] Solana Labs announced the beta launch of GameShift, its Web3 service for game developers, in a press release published on Oct. 31. Davis Hart, Product Lead for GameShift, said: “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a…
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deBridge launches IaaS solution for cross-chain communication between Ethereum and Solana
[ad_1] Web3 interoperability layer deBridge has launched an Infrastructure as a Service (IaaS) turnkey solution that offers a subscription-based interoperability service to facilitate cross-chain movements on Ethereum (ETH) and Solana (SOL) Virtual Machines, according to a Nov. 1 statement shared with CryptoSlate. The newly launched IaaS is designed to tackle key challenges hampering interoperability between…
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Turkey tightening crypto regulation to improve standing with FATF
[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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Coinbase to offer regulated crypto futures to US customers amid ongoing regulatory battle
[ad_1] Coinbase retail U.S. traders will be able to trade crypto futures, including Bitcoin (BTC) and Ethereum (ETH), through its Coinbase Financial Markets subsidiary, according to a Nov. 1 statement from the firm. The exchange explained that the new development allows interested Coinbase advanced users to trade the monetary value of 1/100 Bitcoin and 1/10…
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BitGo secures cryptocurrency custody license in Germany
[ad_1] Crypto custodial firm BitGo reportedly secured a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin), Financial Magnate reported Nov. 1. The licensing represents a significant milestone for BitGo in Europe and highlights the important role BaFin plays in setting crypto regulation, according to Dejan Maljevic, the managing director of BitGo Europe.…
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DCG hires former impeachment counsel against Donald Trump to defend against NYAG suit
[ad_1] Digital Currency Group (DCG) has hired acclaimed trial attorney Barry Berke to confront a civil lawsuit filed by New York Attorney General Letitia James against the company and its founder, Barry Silbert, according to a press release. Berke, a partner and chair of the litigation department at Kramer Levin, is renowned for his litigation…
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Unpacking Solana’s surge in the shadow of Bitcoin rally
[ad_1] Bitcoin’s rally past the $34,000 mark has also triggered a similar rally in the DeFi sector. Almost all coins have witnessed a notable price increase and growing activity since Bitcoin’s rally, with Solana experiencing a significant resurgence. Recognized for its efficient transaction speeds, Solana has emerged as a pivotal player in the DeFi market.…
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Bitcoin taps $35,000, then retraces, sparking massive liquidation before Fed decision
[ad_1] Quick Take Bitcoin experienced a significant price moment, reaching the $35,000 mark just before the impending Federal Reserve interest rate decision scheduled for 2 p.m. GMT, causing noticeable turbulence in the crypto market. In the wake of this price movement, the market experienced nearly $100 million in liquidations in the past 24 hours, with…