Author: e_cash_top
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First post-Merge Ethereum NFT minted for $60K
[ad_1] Less than an hour after Ethereum (ETH) completed the Merge; a user spent 36 ETH — roughly $60,000 — to mint the first NFT on the proof-of-stake (PoS) network. The NFT was minted at a Block height of 15537394 and is tagged “The Transition.” The NFT is part of a panda face collection commemorating…
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Charles Hoskinson points out Ethereum’s Merge changes nothing
[ad_1] Input Output CEO Charles Hoskinson said the Merge changes nothing in terms of performance, operating cost, and liquidity. Eth 2.0 requires Shanghai which is next year minimum by their own release schedule. My prediction is still on target. You do understand that nothing has changed in terms of performance, operating cost, nor liquidity? —…
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SEC sues Chicago Crypto Capital for allegedly defrauding investors of $1.5M
[ad_1] The Securities and Exchange Commission (SEC) has filed a suit against Chicago Crypto Capital (CCC) for allegedly defrauding investors of $1.5 million by issuing unregistered BXY tokens during the 2018 ICO boom. The lawsuit filed on Sept. 14 also named Chicago Crypto Capital (CCC)‘s owner, Brian Amoah, and two salesmen — Oliver Young and…
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SEC’s Gensler wants CEX, DEXs to register; Bitcoin regaining dominance
[ad_1] The biggest news in the cryptoverse for Sept. 14 includes Binance CEO Changpeng Zhao’s comments on the MiCA framework, SEC Chair Gary Gensler reiterating his stance on most crypto being securities, and the blocking of Bitcoin wallets linked to an Iranian cybercriminal group. CryptoSlate Top Stories Binance’s CZ says Europe’s MiCA framework could be…
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US Treasury Department blacklists Bitcoin addresses linked to Iran ransomware group
[ad_1] The U.S. Department of the Treasury has blacklisted seven Bitcoin wallet addresses linked to members of Iran’s Islamic Revolutionary Guard Corps (IRGC). The department said in a Sept. 14 press release that the Iran-based malicious cyber actors have launched ransomware attacks against the U.S. since 2020. The group is said to have attacked the…
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CryptoSlate Daily wMarket Update – Sept. 13
[ad_1] The total cryptocurrency market cap saw net outflows totaling $69.42 billion from the previous day. As of press time, it stood at $997.58 billion, down 6.5% over the last 24 hours. Bitcoin’s market cap fell 9% over the reporting period to $390.05 billion from $428.73 billion. Meanwhile, Ethereum’s market cap fell by 6%, dropping…
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SEC Chair Gensler reiterates that ‘most crypto are securities’ before US banking committee
[ad_1] The Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his belief that most crypto assets are securities in his testimony before the U.S. Senate Banking Committee on Sept. 15. According to Gensler, the offer and sales of these tokens fall under the securities laws, continuing that he has directed the Commission’s staff to…
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New York museum plans to buy NFTs from art auction proceeds
[ad_1] The William S Paley Foundation plans to auction off about $70 million worth of art and spend part of the proceeds on non-fungible tokens(NFTs) and digital art, The Wall Street Journal reported on Sept. 13. The plan was disclosed by the director of the New York Museum of Modern Art (MoMA), Glen Lowry. According…
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Bitcoin may be regaining dominance over altcoins
[ad_1] Breaking from the decade-long tradition of Bitcoin dominance, Ethereum has been outperforming the market in the past few months. While some saw this as the market pricing in the upcoming Merge, others argued that it showed the natural and expected decoupling of the market. Ethereum’s outperformance was clearly visible through the altcoin cycle signal,…
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Celsius spikes 18% higher on release of ‘Project Kelvin’ recovery plan
[ad_1] The Celsius (CEL) token posted 18% gains in the last 24 hours to trade at $1.70 as of press time on Sept. 14. According to the New York Times, the bankrupt CeFi lender is plotting an audacious comeback based on providing crypto custodial services. The recovery plan has been dubbed “Kelvin,” after the temperature…