Category: Latest news

[ad_1] Terra and Luna creator Terraform Labs has appointed a new CEO in an effort to make a recovery, the Wall Street Journal reported on July 20. Chris Amani, who has been with Terraform Labs since 2021, initially serving as COO and later CFO, has now been appointed as the company’s CEO. He succeeds the…

[ad_1] Senators Jack Reed (D-RI) and Mark Warner (D-VA) have introduced a new bill that aims to combat illicit financial activity like money laundering and terrorism financing in decentralized finance (DeFi), Bloomberg News reported on July 19. The legislation stipulates that any violations or illegal transactions on a DeFi protocol should be punished to discourage…

[ad_1] Quick Take Data analysis firm Glassnode offers a chart that tracks the weekly percentage shift in the Realized Price for different on-chain groups. This tool aids in detecting times when the collective cost basis has either increased or decreased notably within a brief period. The Realized Price is the accumulated price at which each…

[ad_1] New York-based Nasdaq Stock Exchange has decided to delay the launch of its crypto custody service due to the uncertain regulatory environment in the U.S. Nasdaq CEO Adena Friedman, during the company’s quarterly earnings call on Jul. 19, 2023, said: “Considering the shifting business and regulatory environment in the U.S., we’ve made the decision…

[ad_1] An address containing 61,216 ETH that participated in Ethereum’s initial coin offering (ICO) has sent all the assets valued at $116 million to the Kraken exchange. After more than eight years of dormancy, the wallet initiated the transfer, which took place on July 18. The whale first sent a test transaction of 0.05 ETH…

[ad_1] Quick Take According to the global markets newsletter, the Kobessi Letter, the year-to-date performance of the S&P 500 shows a striking disparity of the underlying assets behind its impressive gain of 15%. Seven tech giants – Meta (Facebook), Amazon, Apple, Microsoft, Google, Tesla, and Nvidia – are collectively up by a staggering 58%. In contrast,…

[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] Two years after El Salvador adopted Bitcoin as legal tender, adoption remains low as citizens question the cryptocurrency’s benefits, according to former Ethereum core developer Lane Rettig. In a recent talk at EthCC 2023, Rettig provided an update on El Salvador’s Bitcoin experiment he first discussed in 2021. After visiting the country twice since…

[ad_1] At the Ethereum Community Conference (EthCC) on July 19, Ken Timsit, Managing Director of Cronos Labs, delved into emerging use cases and limitations of blockchain-enabled AI. Based on research from 200+ Cronos Accelerator applicants, Timsit aimed to cut through the hype and identify high-impact applications. He organized crypto-AI innovation into three buckets: supercharging productivity,…

[ad_1] According to a statement released on July 19, the Australian Securities and Investments Commission (ASIC) canceled the Australian Financial Services (AFS) license held by FTX, a subsidiary operating in Australia, on July 14. The license cancelation does not impact FTX Australia’s arrangements to compensate its retail clients and its continued Australian Financial Complaints Authority…