Category: Latest news

[ad_1] Coinbase said in a June 15 tweet that it now offers 4% rewards on USDC. Coinbase’s newly increased reward rate means that the company has approximately doubled its previously offered returns on USD Coin (USDC). As recently as June 9, the company’s website said that customers could only earn 2% on USDC purchased or…

Tether stops fighting freedom of information request, allows disclosure of reserve data

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BlackRock files for spot Bitcoin ETF; Coinbase to serve as custodian for BTC holdings

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[ad_1] BlackRock, one of the world’s largest asset managers, has filed plans with the U.S. Securities and Exchange Commission to create a spot Bitcoin ETF through its iShares subsidiary. The news comes after reports earlier in the day that the investment giant, which has more than $9 trillion in assets under management, was close to…

Texas regulator says Abra secretly moved funds to Binance, has been insolvent for months

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[ad_1] The Texas State Securities Board filed an emergency cease and desist order on June 15 against the cryptocurrency lending firm Abra. In its order, the regulator said, based on its investigations, it found that Abra and related parties committed fraud and made misleading statements. The regulator said Abra made misleading statements by suggesting it…

Do Kwon’s detention extended six months by Montenegrin court

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[ad_1] A Montenegro court has extended Do Kwon’s detention by six months as he awaits trial for potential extradition, Agence France Presse reported Thursday. The former Terraform Labs CEO has been in custody in Montenegro since late March following his arrest at Podgorica Airport in the nation’s capital for allegedly carrying forged travel documents. He…

Marathon Digital issues fraudulent activity alert over fake Russian stock certificates and other related scams

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[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…

here’s what you need to know

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[ad_1] Crypto firm Prometheum’s co-founder and co-CEO Aaron Kaplan testified before the U.S. Financial Services House Committee on June 13 The “full-service market” crypto brokerage gained the spotlight after Kaplan took a pro-SEC stance in his testimony, in stark contrast to the majority of industry leaders. Kaplan’s testimony set the Twitter space ablaze with curiosity…

CoinEx agrees to pay over $600k fine to New York

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[ad_1] Hong Kong-based crypto exchange CoinEx has agreed to pay over $600,000 in penalties and refund $1.17 million to New York investors, according to a June 15 statement. CoinEx would make the refund to its 4,691 New York investors in cryptocurrencies over the next 90 days. Additionally, the exchange has been banned from offering, selling,…

Short-term holders react swiftly to SEC lawsuits, sending Bitcoin deposits soaring on exchanges

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