Category: Latest news
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Hut 8’s ESG report sheds light on sustainability efforts in the crypto industry
[ad_1] Hut 8 Mining Corp, one of North America’s largest digital asset miners, has recently published its 2022 Environmental, Social, and Governance (ESG) Report. The report, which aligns with the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI), is a step in the crypto industry’s ongoing struggle with sustainability. The cryptocurrency industry…
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Bitwage halts USDC payments for US residents, cites ‘strict regulations’
[ad_1] In an email sent to customers on July 5, crypto payroll company Bitwage announced it would disable payments in USD Coin (USDC) for U.S. residents. Over the past month, financial regulators in the U.S. have increased their regulatory scrutiny of the crypto space, bringing charges against major crypto firms, including Binance and Coinbase. The…
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Valkyrie’s spot-Bitcoin ETF application has been refiled with Coinbase named as surveillance partner
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Coinbase downgraded by analysts amidst regulatory wrangles
[ad_1] Piper Sandler analyst Patrick Moley has downgraded Coinbase due to its ongoing legal tussle with the Securities and Exchange Commission (SEC) and the continuing ambiguity over cryptocurrency regulation in the U.S., according to BNN Bloomberg. On July 5, Moley expressed that the regulatory uncertainties have made it too challenging to project Coinbase’s future revenues…
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Binance suspends support for 8 Multichain-bridged tokens amid cross-chain issues
[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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U.S. national debt experiences an $851 billion surge following debt ceiling suspension
[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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Will ERC 6551 transform Ethereum metaverses with NFT-owned wallets?
[ad_1] The proposed ERC 6551 token standard for NFTs is generating interest among crypto enthusiasts, as it would enable digital assets to own other tokens, a development that could significantly transform the NFT and metaverse landscape. Speaking to Laura Shin on a recent episode of the Unchained Podcast, Benny Giang and Jayden Windle, two of the…
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Binance Australia searched in probe of former derivatives activities
[ad_1] Binance Australia has come under further regulatory scrutiny, with a particular focus on its former derivatives activities, as reported by Bloomberg on July 4. Bloomberg reported that the Australian Securities and Investments Commission (ASIC), an integrated regulator for the country’s financial markets, searched various Binance Australia locations on the day of the report. The…
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Global regulatory developments are literally reshaping the crypto world
[ad_1] As the world of cryptocurrency continues to evolve, so too does the regulatory landscape that governs it. In the United States, regulatory bodies are tightening their grip on crypto operations, while across the Atlantic, Europe is creating a more inviting environment for digital assets. Meanwhile, in Asia, Japan is pushing for relaxed trading rules…
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Canadian teens allegedly stole over $4M in crypto by impersonating Coinbase support
[ad_1] Two Canadian teenagers have been apprehended and charged in connection with the theft of $4.2 million in cryptocurrency, according to a report by CBC on July 4. Teens stole $4.2M in BTC, ETH The accused teenagers allegedly stole a substantial amount in Bitcoin (BTC) and Ethereum (ETH) by posing as Coinbase support and gaining…