Category: Latest news
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Hong Kong brings bankers, crypto firms together
[ad_1] Ad Hong Kong’s financial watchdogs are set to host a meeting to bring bankers and crypto firms together on April 28, according to a report by Bloomberg News. With the meeting, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission of Hong Kong (SFC) hope to develop a feasible and effective…
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Disney disbands entire metaverse team – 50 staff jobs cut
[ad_1] Metaverse dreams at the House of Mickey Mouse have been put on hold after Disney laid off its 50-person metaverse team as part of a broader job cut. According to a March 27 Wall Street Journal report, Disney’s effort to streamline its business will affect its metaverse unit. The company is in the middle of…
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Liquidations main reason for crypto sell-off, small amounts of realized losses
[ad_1] Quick Take CFTC is suing Binace over the alleged breaking of trading and derivatives rules. This saw a sell-off in the crypto market, with Bitcoin going down to $26,600. However, losses were extended for BNBUSD, which saw a price decline to 307, and its ratio compared to Bitcoin went down to a sixth-month low…
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Binance calls CFTC charges ‘unexpected,’ says it will cooperate with regulators
[ad_1] Ad Binance has responded to charges filed by the Commodities and Futures Trading Commission (CFTC) in a statement provided to CryptoSlate on March 27. Binance comments on CFTC charges A Binance spokesperson called the CFTC’s charges “unexpected and disappointing” and said that Binance has worked with the regulator for over two years. That spokesperson…
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Binance execs used Signal, discussed Hamas funds, told customers how to use VPNs: CFTC filing
[ad_1] Ad Binance faces various allegations from the U.S. Commodities and Futures Trade Commission (CFTC) that point toward wrongdoing among company executives. Binance used Signal’s auto-delete feature On March 27, the CFTC filed charges against the leading crypto exchange Binance. Though its charges primarily suggest that Binance went against regulations to serve U.S.-based customers, those…
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Binance CEO Changpeng Zhao admits to using company products but says employee trading is limited
[ad_1] Ad Binance CEO Changpeng Zhao said that he stores his own money with Binance, as seen in a statement published on the exchange website on March 27. Zhao admits to using Binance products On the question of whether he and other employees use Binance, Zhao wrote: “Personally, I have two accounts at Binance: one…
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Market uncertainty on Fed rate decision persists as yields rise
[ad_1] Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago…
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The web3 gaming evolution – tokenomics, community, gambling & the future – SlateCast 57
[ad_1] In the latest episode of the SlateCast, Akiba was joined by Grant Haseley, Executive Director of Wagyu Games, the creator of web3 shooter Undead Blocks. The Shift from Play-to-Earn to Play-and-Earn As the Web3 gaming industry grows, the focus shifts from traditional play-to-earn models to more sustainable and engaging play-and-earn experiences. With games like…
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Crypto Twitter reacts to CFTC lawsuit against Binance
[ad_1] Ad Binance, the largest cryptocurrency exchange in the world, and its CEO Changpeng Zhao have been sued by the US Commodity Futures Trading Commission (CFTC) for allegedly operating an “illegal” exchange and a compliance program officials have deemed “a calculated strategy of regulatory arbitrage.” The suit, released on March 27, is part of a…
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BlockFi will refund $100K to California users
[ad_1] Latest Report De-dollarization: Do all roads eventually lead to Bitcoin? The U.S. dollar’s reign as the reserve currency of the world could be coming to an end. CryptoSlate’s latest market deport explores the de-dollarization of the world to find what role will Bitcoin play in the global economy. Andjela Radmilac · 2 days ago…