Category: Latest news

[ad_1] On the opening day of  Sam Bankman-Fried‘s criminal trial in New York,  U.S. government prosecutors told the court that that no plea deals had ever been under consideration for the accused former CEO. According to a partial transcript live-tweeted by Inner City Press, Assistant U.S. Attorney Nick Roos said on behalf of the government:…

[ad_1] The ongoing legal skirmish between the SEC and Ripple Labs added another chapter as Judge Analisa Torres denied the SEC’s request for an interlocutory appeal on Oct. 3. With the appeal motion off the table, both parties gear up for a trial set for April 23, 2024. The verdict could reshape regulatory norms in…

[ad_1] U.S. authorities took action against several China-based companies and individuals implicated in the fentanyl trade on Oct. 3. The Department of Justice (DOJ) announced that it has unsealed eight indictments on crimes related to the production of fentanyl and methamphetamine, the distribution of synthetic opioids, and sales related to precursor chemicals. Though participants used…

[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] Alex Mashinsky, the co-founder and former CEO of Celsius, will stand trial in September 2024, according to a report from Bloomberg on Oct. 3. That report indicates that Mashinsky’s trial has been scheduled for Sept. 17, 2024. Mashinsky has been charged with securities fraud, commodities fraud, wire fraud, and conspiracy to manipulate the value…

[ad_1] Non-custodial Bitcoin (BTC) bridge Nomic revealed that it would soon allow the top cryptocurrency to be “universally accessible” within the Cosmos (ATOM) ecosystem through a planned upgrade scheduled for Oct. 27. Cosmos, a prominent blockchain network boasting a market capitalization exceeding $2.5 billion, grapples with a notable challenge—the absence of a decentralized means to…

[ad_1] Global crypto exchange  Binance announced on Oct. 3 that  it will end support for Binance USD (BUSD) borrowing and staking positions by Oct. 25, 2023. This closure appears to be part of a wider plan to phase out the troubled stablecoin, as regulatory scrutiny intensifies. Binance has urged its users to convert their BUSD…

[ad_1] India is reportedly developing a comprehensive global database encompassing all crypto exchanges, even those on the dark web, to bolster the detection of cryptocurrency-related crimes. This initiative is slated to launch by the end of this fiscal year or in March 2024. It forms a crucial part of India’s strategy to establish itself as…

[ad_1] The futures market has traditionally been a barometer for investor sentiment. Open interest, representing the total number of outstanding futures contracts that have not been settled, is a measure of market activity. Historically, rising Bitcoin prices have been correlated with an increase in open interest, signaling heightened speculative activity. However, Bitcoin’s recent ascent past…

[ad_1] At the ResearchHub SciCon 2023 conference, investor Jason Fang of Sora Ventures spoke about the need for business development in decentralized science. Fang said a critical risk for decentralized science, also called DeSci, is the longer timeframe compared to other crypto investments. “For us, I think our risk is time. There are so many…