Author: e_cash_top
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Nate Chastain sentenced to three months for insider trading at OpenSea
[ad_1] Nate Chastain, formerly an employee at OpenSea, has been sentenced to three months in prison on insider trading charges according to the U.S. DOJ on Aug. 22. U.S. Attorney Damian Williams commented: “Nathanial Chastain faced justice today for violating the trust that his employer placed in him by using OpenSea’s confidential information for his…
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Bitcoin’s long-term holder supply hits record high as short-term interest dips
[ad_1] Quick Take Recent data analysis reveals an all-time high in Bitcoin’s long-term holder supply, defined as Bitcoin held for more than 155 days, reaching 14.654 million. Conversely, the short-term holder supply, considering Bitcoin holdings of less than 155 days, has plummeted to an all-time low of 2.561 million if we exclude the year 2011.…
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Sam Bankman-Fried pleads not guilty as lawyers complain about neglected vegan diet, prescription medications
[ad_1] FTX founder and former CEO Sam Bankman-Fried has once again pleaded not guilty to criminal charges brought against him in connection with the collapse of the exchange. That report indicates that Bankman-Fried appeared in court for the first time since his bail was revoked in early August, as lawyers raised complaints about his holding…
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Crypto market shakes as Bitcoin futures record 5th-largest single-day decline
[ad_1] Quick Take Last Thursday’s cryptocurrency market experienced an extreme event best described as a liquidation cascade. This phenomenon resulted in one of the most significant single-day wipeouts of open interest ever recorded. In terms of the total USD value allocated in open futures contracts, this was the second-largest decrease, underscoring the sheer scale of…
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Binance allegedly maintains ties with blacklisted Russian banks despite Western sanctions: WSJ
[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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Despite Bitcoin’s slump and soaring Texas energy prices, miners display unexpected resilience
[ad_1] Quick Take In the face of a notable 7% upward adjustment in Bitcoin’s hash rate — one of the most significant this year — and a plummeting price below $26,000, Bitcoin miners have demonstrated remarkable resilience. Coinciding with this sharp adjustment, there has been a reported mining capitulation over the past month. Yet, the…
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EDX Markets partners with Anchorage Digital for clearinghouse custody service
[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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Algorand’s ALGO token nosedives amid SEC classification and deflating DeFi activity
[ad_1] Algorand’s ALGO token price has plunged to new lows following the crypto market’s epic crash on Aug. 17. According to CryptoSlate’s data, the digital asset fell to an all-time low of $0.08846 last Thursday. While its value has since rebounded to $0.09673 as of press time, market sentiments surrounding the asset remain negative. Why…
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Rising stock of regulated crypto companies as OANDA acquires Coinpass
[ad_1] Trading platform OANDA has announced the acquisition of a majority stake in Coinpass Limited, a United Kingdom-based crypto asset firm registered with the Financial Conduct Authority (FCA). The acquisition, which integrates a reputable crypto trading platform into OANDA’s existing multi-asset offerings, is seen as a direct response to the growing demand for safe and…
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Lugano teams with Tether to drive citywide blockchain adoption
[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…