Author: e_cash_top

[ad_1] Decentralized finance staking service provider Lido (LDO) is winding down its Solana (SOL) staking product today, Oct. 16, because it lacks funds to sustain the project, according to a blog statement from its team. The team revealed that it came to this decision after an extensive DAO forum discussion and a community vote that…

[ad_1] Genesis and its associated companies were ordered by a judge to produce documents on Oct. 13, as part of a securities case initiated by the U.S. Securities and Exchange Commission (SEC) against Terraform Labs. The U.S. Securities and Exchange Commission (SEC) initiated proceedings against Terraform Labs, the creator of the failed TerraUSD stablecoin, in…

[ad_1] Nishad Singh, the former director of engineering at FTX, testified in the case of ex-FTX CEO Sam Bankman-Fried on Oct. 16. During his testimony, Singh confessed to committing several crimes, such as fraud and campaign finance violations, which were purportedly carried out in collaboration with Bankman-Fried and others. Singh reached a plea deal with…

[ad_1] The U.S. Securities and Exchange Commission (SEC) has published its key focus areas for examining market risks and participants in fiscal year 2024, unveiling heightened scrutiny on crypto assets, blockchain, and other emerging financial technology. Written and published by the SEC’s Division of Examinations, these standards will prioritize risk areas that pose emerging threats…

[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] Cryptocurrency giant Binance will cease accepting new UK users effective at 5:00 PM London time on Monday, October 16, 2023 (16:00 UTC). This move comes in the wake of the UK’s enforcement of the Financial Promotions Regime for qualifying crypto assets that came into effect on October 8, 2023, allowing unregulated overseas firms like…

[ad_1] Quick Take The Bitcoin landscape is witnessing an unprecedented event, as the number of Bitcoins that haven’t been moved for over a decade is nearing the 3 million mark. This represents approximately 15% of the current circulating supply of about 19.5 million Bitcoin. The trajectory of these unmoved coins has seen steady growth, hitting…

[ad_1] Stablecoin firm Tether (USDT) seized digital assets worth $873,118.34 from 32 addresses linked to warfare and terrorism in Ukraine and Israel. Critics of the crypto industry have frequently raised concerns about its potential use for funding terrorist and malicious operations. Figures like Senator Elizabeth Warren have underscored how illicit funds can flow through the…

[ad_1] Quick Take The recent rumors of a spot ETF approval, as reported by Cointelegraph, have triggered a significant market reaction, with Bitcoin soaring as high as $29,800 over the past hour. This sudden surge has led to an influx of liquidations, amounting to approximately $81 million. Interestingly, the bulk of these liquidations, roughly $70…

[ad_1] Quick Take Bitcoin’s underpinning infrastructure is demonstrating remarkable resilience as it approaches the next halving event, projected for April 21, 2024, with under 28,000 blocks to go at the prevailing run rate. The recent completion of another difficulty epoch in an expedited 9:22 minutes has triggered a difficulty adjustment exceeding 6.5%. Notably, this indicates…