Category: Latest news

[ad_1] The Sam Bankman-Fried (SBF) trial reached a head on Nov. 1, with both sides presenting their closing arguments to the jury before it deliberates on a verdict. The prosecution’s closing argument revolved around painting Bankman-Fried as a serial liar driven by greed and who intentionally took customer deposits on fraudulent terms and spent them.…

[ad_1] Steadfast Bitcoin investor MicroStrategy announced that it purchased another batch of Bitcoin in its Q3 2023 earnings report on Nov. 1. Andrew Kang, Chief Financial Officer (CFO) at MicroStrategy, said: “We further increased our total bitcoin holdings to 158,400 bitcoins, adding 6,067 bitcoins since the end of the second quarter. Our commitment to acquire…

[ad_1] An upgrade that brings Bitcoin (BTC) into the Cosmos ecosystem has been completed,  according to various announcements on Oct. 31. Cosmos announced in a tweet that its Inter-Blockchain Communication Protocol (IBC) can now transfer nBTC — a token that represents 1:1 ownership of Bitcoin. Cosmos said that another group, Nomic, made this possible as…

[ad_1] The SEC and DOJ both filed charges against the controversial cryptocurrency project SafeMoon and related individuals on Nov. 1. The U.S. Securities and Exchange Commission (SEC) alleged that the company and its members carried out a fraudulent scheme by selling the SafeMoon (SFM) cryptocurrency. The regulator also described SFM as a security asset in…

[ad_1] Solana Labs announced the beta launch of GameShift, its Web3 service for game developers, in a press release published on Oct. 31. Davis Hart, Product Lead for GameShift, said: “Integrating GameShift’s API to handle blockchain complexity under the hood allows developers to dedicate more resources directly to game development … developers can provide a…

[ad_1] Web3 interoperability layer deBridge has launched an Infrastructure as a Service (IaaS) turnkey solution that offers a subscription-based interoperability service to facilitate cross-chain movements on Ethereum (ETH) and Solana (SOL) Virtual Machines, according to a Nov. 1 statement shared with CryptoSlate. The newly launched IaaS is designed to tackle key challenges hampering interoperability between…

[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] Coinbase retail U.S. traders will be able to trade crypto futures, including Bitcoin (BTC) and Ethereum (ETH), through its Coinbase Financial Markets subsidiary, according to a Nov. 1 statement from the firm. The exchange explained that the new development allows interested Coinbase advanced users to trade the monetary value of 1/100 Bitcoin and 1/10…

[ad_1] Crypto custodial firm BitGo reportedly secured a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin), Financial Magnate reported Nov. 1. The licensing represents a significant milestone for BitGo in Europe and highlights the important role BaFin plays in setting crypto regulation, according to Dejan Maljevic, the managing director of BitGo Europe.…

[ad_1] Digital Currency Group (DCG) has hired acclaimed trial attorney Barry Berke to confront a civil lawsuit filed by New York Attorney General Letitia James against the company and its founder, Barry Silbert, according to a press release. Berke, a partner and chair of the litigation department at Kramer Levin, is renowned for his litigation…