Category: Latest news
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Elizabeth Warren asks SEC to investigate Elon Musk’s dual roles at Twitter and Tesla
[ad_1] On July 17, Senator Elizabeth Warren called on the U.S. Securities and Exchange Commission (SEC) to initiate investigations into two companies led by Elon Musk, namely Tesla and Twitter, due to potential legal and ethical issues Warren began by reiterating concerns that she sent to Tesla in December 2022, all of which concern Musk’s dual…
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Gary Gensler ‘disappointed’ in Ripple ruling regarding retail investors
[ad_1] U.S. Securities and Exchange Commission (SEC) chair Gary Gensler recently voiced his dissatisfaction with a court ruling related to the XRP token, as reported by Bloomberg on July 17. Gensler said that he is “disappointed” by Judge Analisa Torres’ declaration that sales of XRP tokens on retail exchanges did not constitute securities offerings. The…
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National Australia Bank blocks millions in crypto transactions citing scam concerns
[ad_1] National Australia Bank (NAB) blocked over A$270 million (around $184 million) in customer payments that raised scam concerns during the last four months, according to a July 17 statement. NAB blocking payments to ‘high-risk’ cryptocurrency exchanges NAB stated it stopped an undisclosed amount of transactions to crypto platforms where scams were prevalent between March…
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Struct Finance gains 100% in 7-day TVL, ranks first by that measure on Avalanche
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Binance cuts employee benefits; hints at more layoffs as profits decline
[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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Financial Stability Board releases framework for global crypto-asset regulation
[ad_1] The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, has finalized its global regulatory framework for crypto-asset activities and published several “high-level” recommendations for the regulation, supervision, and oversight of the crypto industry and markets. The watchdog said the framework and recommendations were developed based on…
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Bitcoin miner revenue stabilizes as Inscriptions demand wanes
[ad_1] Since the beginning of 2023, a new form of non-fungible tokens (NFTs), known as Bitcoin Ordinals Inscriptions, has ignited widespread interest in the crypto space. The popularity of Inscriptions can be attributed to their novelty and the unique value proposition they offer. They provide a way for users to immortalize messages on the immutable…
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Ripple eyes US bank partnerships following SEC victory, as XRP volume surpasses Bitcoin
[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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The last month was the second highest monthly influx into Bitcoin ETPs: K33
[ad_1] Quick Take During the period from June 16th to July 16th, Bitcoin Exchange-Traded Products (ETPs) experienced a significant increase in net inflows, totaling 25,202 BTC. This influx of funds represents the second-highest monthly net inflow into Bitcoin ETPs, with the only higher figure being the record set in October 2021. It’s worth noting that…
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Bankrupt Celsius transfers $24M worth of altcoins to FalconX, OKX
[ad_1] Bankrupt crypto lender Celsius Network sent around $24 million worth of altcoins to OKX and FalconX wallets during the early hours of June 17. Data from Arkham Intelligence shows that the bulk of the funds were sent to the cryptocurrency brokerage firm, FalconX. The company received $8.46 million worth of Chainlink (LINK), $7.71 million…