Author: e_cash_top
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FTX founder Sam Bankman-Fried fights against prosecutors’ evidence in upcoming fraud trial
[ad_1] Lawyers for FTX founder Samuel Bankman-Fried filed court papers Friday, Sept. 1, opposing several motions by federal prosecutors to admit specific evidence at his upcoming trial on fraud and conspiracy charges. Bankman-Fried’s attorneys argued prosecutors should not be allowed to introduce evidence related to charges previously dropped or severed from the case. Those include…
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Solana co-founder backs Ethereum amid MakerDAO fork consideration
[ad_1] Solana’s (SOL) co-founder, Anatoly Yakovenko, has cautioned the blockchain community against harboring resentment towards Ethereum (ETH) following recent praise from MakerDAO’s (MKR) CEO, Rune Christensen. MakerDAO is considering Solana In a recent blog post, Christensen unveiled the MakerDAO Endgame plan’s final phase, revealing a comprehensive reimagining of the DeFi protocol on a novel forked version…
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More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin report
[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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Ripple files motion to block SEC appeal attempt
[ad_1] Ripple has filed a motion requesting the court to deny the SEC’s certification request for an immediate appeal of a recent court ruling that went against the regulator in its case against the firm. The court ruled in July that automated open market sales of Ripple’s cryptocurrency XRP to the general public did not…
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JP Morgan believes SEC will be forced to approve ETFs after losing case against Grayscale
[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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FTX cold wallet moved almost $10M in altcoins to Ethereum since Aug. 31
[ad_1] A cold wallet owned by collapsed crypto exchange FTX moved almost $10 million in altcoins from Solana to Ethereum since Aug. 31 for undisclosed reasons, according to on-chain data. The altcoins include notable tokens like LINK, SUSHI, LUNA, and YFI. The transfers were conducted through Wormhole Bridge. It is unclear if the transfers are…
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The savvy holder’s guide to NFT lending
[ad_1] Fuelled by early movers such as NFTfi and Blend, NFT lending is one of the hottest sectors in the crypto market, attracting outsize attention and funding. Everyone’s betting on the growth of this niche. The NFT lending market has grown to account for more than $100 million per week in loan volume, with more…
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Navigating the significance of legal opinions in the crypto sphere
[ad_1] The need for legal clarity has become paramount in the ever-evolving landscape of cryptocurrency, where innovation meets regulation. The recent legal battles involving major crypto exchanges and regulatory authorities underscore the importance of obtaining comprehensive legal opinions for token projects. This article examines the significance of legal opinions in crypto tokens and explores why…
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Ex-SEC chair Jay Clayton says approval for a spot Bitcoin ETF is ‘inevitable’
[ad_1] Former SEC chair Jay Clayton suggested that U.S. securities regulators will likely approve a Bitcoin ETF during an interview with CNBC on Sept. 1. Clayton nevertheless said he was not surprised that the U.S. Securities and Exchange Commission (SEC) had postponed decisions on various pending Bitcoin ETFs. He went on to explain that “the…
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New Russian malware, dubbed ‘Infamous Chisel,’ identified targeting Binance, Coinbase, and Trust wallets
[ad_1] Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U.K. government report on Sept. 1. The U.K.’s National Cyber Security Centre (NCSC) said that the malware works by scanning various directories on infected mobile devices and exfiltrating data. The malware is known to extract data from at…