Category: Latest news

[ad_1] Phishing scammers have siphoned off over $4 million from Solana wallets in December 2023, according to estimates posted on X by Scam Sniffer, a scams tracker. The attacks affected around 4,000 users, according to the Scam Sniffer. The stolen assets include those robbed by the rainbow attacker through an airdrop phishing attack. The scammers…

[ad_1] BlackRock has reportedly bought a staggering 11,500 Bitcoin from the available supply during the latest dip since the launch of its spot Bitcoin ETF. This amount is significant, considering that only 900 BTC are issued daily. The purchase by BlackRock effectively represents about 13 days’ worth of Bitcoin production being absorbed by a single…

[ad_1] India blocked access to global crypto exchanges, including Binance, KuCoin, and OKX, on Jan. 12. India has instituted an IP block that prevents Indians from accessing the URLs of foreign crypto platforms. As per CryptoSlate’s investigation, however, it was still possible to access the websites of Binance, OKX, and KuCoin via Google Chrome without…

[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] The New York State Department of Financial Services (NYDFS) announced a settlement with Genesis Global Trading, which includes an $8 million fine and the relinquishment of its license to operate with virtual currencies in New York. The NYDFS’s investigation into Genesis Global Trading —a subsidiary of Digital Currency Group (DCG) — revealed major deficiencies…

[ad_1] Senators Ron Wyden and Cynthia Lummis requested an investigation of the U.S. Securities and Exchange Commission (SEC) in a letter on Jan. 11. The two lawmakers asked the SEC’s Inspector General, Deborah Jeffrey, to open an investigation into a security breach that occurred two days earlier as well as the agency’s failure to follow…

[ad_1] A JPMorgan executive suggested on Jan. 12 that securities regulators are equally likely to approve or disapprove a spot Ethereum ETF in the coming months. Nikolaos Panigirtzoglou, a Managing Director for JPMorgan, told The Block: “In our opinion, for the [U.S. Securities and Exchange Commission] to approve spot Ethereum ETFs in May, it would…

[ad_1] SEC Chair Gary Gensler said it is ironic that people call the approval of spot Bitcoin ETFs a historical moment considering its centralized nature, which is the antithesis of Satoshi Nakamoto’s vision. He said: “Think about the irony of those who say this week is historic. This [the approval] was about centralization and traditional…

[ad_1] Europe-based asset management firm CoinShares has exercised its option to acquire Valkyrie’s crypto-focused exchange-traded funds (ETF) investment advisory business, expanding its business into the U.S. In a Jan. 12 statement, CoinShares explained that the deal follows the recent approval of Valkyrie’s spot Bitcoin ETF, the Valkyrie Bitcoin Fund (BRRR), by the U.S. Securities and Exchange…

[ad_1] Quick Take A marked shift in Bitcoin’s fee structure has become noticeable as the digital asset continues to fluctuate. Bitcoin’s fees have seen a significant decrease of 50% from the peak of its recent mini-bull run. In numerical terms, by the end of Dec. 2023, the total amount paid to miners in fees stood…