Category: Latest news
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Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges
[ad_1] Former Celsius Network CEO Alex Mashinsky was released on a $40 million bail on July 13, the same day he was arrested after being charged with multiple counts of fraud, according to a CNN report. Mashinsky’s lawyer Jonathan Ohring told CNN that the former CEO “vehemently” denies all charges and intends to “vigorously” fight…
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Bitcoin buying pressure could surge amid rising exchange withdrawals
[ad_1] In the context of the volatile Bitcoin market of the past year, a key trend identified in previous CryptoSlate analyses has emerged: the rapid increase in exchange withdrawals for Bitcoin since November 2022. According to Glassnode, this trend has gathered pace since April 2023, resulting in over 100,000 BTC being withdrawn from exchange balances…
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Sui Network hits 1M active addresses within two months of launch
[ad_1] Layer-1 blockchain Sui (SUI) Network reached 1 million active addresses less than two months after its mainnet launch, according to a July 14 press statement shared with CryptoSlate. Greg Siourounis, the managing director of the Sui Foundation, stated that the blockchain network’s success showed a growing demand for the platform. Siourounis added: “Sui’s success…
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Multichain halts operations following CEO’s arrest; MULTI plunges 15%
[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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Beware of scams exploiting Ripple’s success, CTO David Schwartz warns
[ad_1] Ripple (XRP) Chief Technology Officer (CTO) David Schwartz has warned of fraudulent schemes seeking to exploit the recent success of the crypto payment company to spread phishing links of fake airdrops. In a July 14 tweet, Schwartz revealed that scammers were attempting to deceive and steal from unsuspecting individuals, taking advantage of the positive…
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OKX sees surge in users in first month following Hong Kong license
[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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SOL, MATIC, ADA gain over 20% on Bitcoin as SEC targeted tokens see mixed performance
[ad_1] Following the landmark decision for Ripple, asserting that some sales of XRP did not constitute securities sales, tokens included in the U.S. Securities and Exchange Commission (SEC) lawsuits against major cryptocurrency exchanges Binance and Coinbase experienced noticeable price movements. Some of these tokens managed to recover, while others displayed a more stagnant performance when…
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XRP passes BNB in market cap as experts debate judge ruling on securities sales
[ad_1] XRP has now surpassed BNB to become the fourth-largest digital asset by market cap following its landmark court decision. # Name Price 24H % Market Cap 24H Vol 1 Bitcoin $31,313.35 +2.97% $608,382,242,056 $25,742,885,697 2 Ethereum $2,006.04 +7.07% $241,135,375,943 $12,574,214,439 3 Tether $1.00042 +0.06% $83,469,496,743 $47,877,965,097 4 XRP $0.78891 +67.5% $41,452,503,749 $12,916,795,997 5 BNB…
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Polygon Labs proposes replacing ‘MATIC’ token with upgraded ‘POL’ in ecosystem expansion plan
[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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Judge rules Ripple’s XRP programmatic sales ‘not securities’; XRP up 28%
[ad_1] Judge Analisa Torres ruled that Ripple’s sale of XRP to the general public and its distributions of the token do not constitute an offer and sale of an investment contract. These include “Programmatic sales,” where XRP was offered to public buyers, and “Other Distributions,” where people were given XRP for free. The court concluded…