Category: Latest news

[ad_1] U.S. prosecutors responded to complaints from accused former FTX CEO Sam Bankman-Fried and his legal team in a filing on Aug. 29. Bankman-Fried and his team previously objected to the government’s decision to provide large amounts of discovery materials in the weeks leading up to trial. In a recent filing dated Aug. 28, Bankman-Fried’s…

[ad_1] X, formerly known as Twitter, has edged closer to its goal of integrating cryptocurrencies into its services by securing a currency transmitter license in Rhode Island. This development signifies a critical step towards X’s envisioned transformation into a comprehensive “everything app,” akin to China’s WeChat. Under the stewardship of owner Elon Musk, the platform…

[ad_1] The U.S. Securities Exchange Commission (SEC) submitted a sealed and potentially high-impact court filing in its case against Binance on Aug. 29. The filing in question represents the SEC’s sealed motion to leave to file a document under seal. It also includes 36 attachments, including statements from SEC lawyers Jennifer Farer and Matthew Scarlato.…

[ad_1] Grayscale’s victory against the U.S. Security and Exchanges Commission (SEC) triggered over $90 million in liquidations during the past four hours, significantly impacting traders betting on the further decline of the market. According to data from Coinglass, short traders accounted for 88% of the $97.63 million liquidations recorded in the market over the past…

[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] 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] In a landmark ruling on August 29, 2023, the United States Court of Appeals for the District of Columbia Circuit vacated an order from the Securities and Exchange Commission (SEC), granting Grayscale Investments LLC a long-awaited victory in its lawsuit over the conversion of its Bitcoin Trust into a spot Bitcoin exchange-traded fund (ETF).…

[ad_1] 1. Introduction NEAR Protocol has positioned itself as a Blockchain Operating System (BOS) aiming to become an open-source community-run public cloud computing platform for decentralized applications (dApps). As a BOS, NEAR aims to cater to three core audiences: developers, enterprises, and end-users, allowing them to build and interact with decentralized applications seamlessly across blockchain…

[ad_1] Bitcoin (BTC) miner Canaan‘s second-quarter financial report showed that the firm operated at a loss during the reporting period despite its increasing mining revenue and computing power. Per the unaudited financial report, the miner generated a total revenue of $73.9 million, while its “cost of revenues” were $143.9 million, resulting in a gross loss…

[ad_1] Mastercard held its first-ever blockchain innovation sprint in London last week as part of the development of its Multi-Token Network (MTN.) Among the participants was fintech startup Polytrade, which showcased how its blockchain-based platform for trade financing could integrate with the MTN. The network aims to enable consumers, merchants, and banks to transact seamlessly…