Category: Latest news
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Court rules on admissibility of evidence in Sam Bankman-Fried’s upcoming criminal trial
[ad_1] In a Sept. 26 filing, Judge Lewis Kaplan, presiding over the criminal case against Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, issued rulings on the admissibility of certain types of evidence in his forthcoming criminal trial. Judge Kaplan began by ruling that government prosecutors are permitted to introduce direct evidence of Bankman-Fried’s…
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Pudgy Penguins strikes major IP and merchandising deal with Walmart
[ad_1] Pudgy Penguins has announced a merchandising deal with retail giant Walmart that will introduce its IP to the megastore’s shelves in over 2,000 stores. The Pudgy Toys—plush collectibles that will now be sold alongside legacy brands in Walmart’s brick-and-mortar stores—will offer access Pudgy World, a digital social experience on zkSync Era. Said Luca Netz,…
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First-ever 80/20 investor split in Bitcoin shines a spotlight on long-term holding
[ad_1] Quick Take For the first time in its history, Bitcoin has seen an 80/20 split in its circulating supply. The data reveals that approximately 80% of the Bitcoin supply is currently held by investors who have retained their holdings for six months or longer. This indicates a shift in investor behavior towards long-term holding,…
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MoneyGram to launch non-custodial digital wallet in 2024
[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…
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Cautious optimism in Bitcoin miner activity as accumulation tentatively continues
[ad_1] Bitcoin miners play a pivotal role in the cryptocurrency ecosystem. They validate transactions, secure the network, and circulate new Bitcoins. Their behavior, especially in holding or selling mined coins, can provide insight into market sentiment and future price movements. Data from Glassnode has shown that there has been a negative net position change in…
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Kraken expands European footprint with new virtual asset licenses in Ireland and Spain
[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…
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Chase to block UK customers crypto-related transactions from October 16
[ad_1] Digital banking giant Chase U.K. said it will “decline” crypto-related payments made by its users starting October 16. In emails sent to customers and obtained by CryptoSlate, the bank stated that its decision would help its users keep their “money safe from frauds and scams” as fraudsters increasingly relied on cryptocurrencies to steal from…
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Bitcoin whales shift from accumulation to distribution, offloading 10,000 BTC
[ad_1] Quick Take Recent data analysis reveals that Bitcoin whales, owning 10,000 BTC or more, have transitioned from a brief period of accumulation to a phase of distribution. This change in behavior marks a significant shift as these whales are instrumental in influencing market trends. Notably, the accumulated Bitcoin was reportedly around the value of…
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HTX launches SAFU fund following $7.9 million Ethereum loss
[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…
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Binance Japan and Mitsubishi join forces for stablecoin development
[ad_1] Binance Japan is partnering with Mitsubishi UFJ Trust Bank (MUTB) to create new stablecoins pegged to major currencies in Japan. The partnership will launch stablecoins pegged to fiat currencies, such as the Japanese Yen, and other foreign currencies, such as the U.S. Dollar. The stablecoins will be built on Progmat Coin, a compliant infrastructure…