Author: e_cash_top
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Florida Governor Ron DeSantis seeks to ban US CBDC in state
[ad_1] Part of Biden’s Executive Order encouraged the Financial Stability Oversight Council “to identify and mitigate economy-wide (i.e., systemic) financial risks posed by digital assets and to develop appropriate policy recommendations to address any regulatory gaps.” Critics point to gaps in CBDC plan However, critics of Biden’s plan — like Gov. De Santis — argue…
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Why the Ethereum/Bitcoin ratio will continue to fall
[ad_1] Much has been said about Ethereum flipping Bitcoin in the past, particularly during the 2017 bull cycle when the ETH/BTC ratio peaked at 0.157. However, fast forward to now, spurred by the ongoing banking crisis narrative, Glassnode data analyzed by CryptoSlate suggests a period of Ethereum underperformance ahead – putting paid to the idea…
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Over 50% of the Bitcoin UTXOs that have been created now sit in profit
[ad_1] Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information…
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OKX shuttering Canadian operations by mid 2023
[ad_1] Cryptocurrency exchange OKX intends to shutter operations in Canada by mid-2023, according to an email sent to users in the country. The exchange said withdrawals will remain open until June 22 and users must transfer their crypto and fiat to other crypto wallets or linked banked accounts. OKX said in the email: ” You…
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Taiwan orders financial watchdog to take over crypto regulations
[ad_1] Taiwan’s Financial Supervisory Commission (FSC) was selected to take on the primary responsibility for crypto regulations on Mar. 20, as Forkast News reported. The FSC’s new responsibility doesn’t include non-fungible tokens (NFTs), according to Forkast News. Crypto regulations Taiwan’s FSC chair, Huang Tian-mu, unofficially announced the FSC’s new role, which was cited by local…
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Bitcoin spikes to 9-month high as central banks increase liquidity to mitigate banking crisis
[ad_1] Bitcoin (BTC) broke through resistance levels that have held strong for almost a year on March 20 — hitting a nine-month high of $28,400. The recent price growth came after the Federal Reserve announced that it has partnered up with major central banks around the world to support dollar cash flow “to ease strains…
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AI dApp Harvester Keeper gets hacked for almost $1M
[ad_1] The recently launched AI trading app called Harvest Keeper saw almost $1 million of users’ funds drained through a series of ice phishing and function attacks on its blockchain. The AI-based dApp that promised high returns for investors turned out to be a scam, according to multiple crypto security firms, including CertiK. Bad actors…
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Sushi DAO declines CB Recruitment’s remuneration proposal – despite helping recruit head chef
[ad_1] Sushi DAO (SUSHI) declined the blockchain recruitment company CB Recruitment’s proposal to get paid for its role in recruiting Sushi’s Head Chef, Jared Gray. Roughly 80% of the cast votes declined or abstained from voting on the proposal — 55.26% declined while 24.1% abstained. Of the 20% who wanted the CB Recruitment paid, 14%…
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Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
[ad_1] Hong Kong’s Secretary for Financial Services and the Treasury Christopher Hui said that over 80 virtual asset-related businesses had expressed interest in establishing their presence in the city as of the end of February. Hui added that 23 crypto businesses have already indicated they “plan to establish their presence in Hong Kong.” In a…
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The Fed has capitulated – daily swap lines introduced as Bitcoin feeds off liquidity
[ad_1] Quick Take The fed and five central banks have just announced to enhance liquidity via USD swap lines. The other five central banks are the Bank of England, the Bank of Canada, the European Central bank, the Swiss National Bank, and the Bank of Japan. Swap line operations with the fed will now be…