Category: Latest news

[ad_1] Ad Gamefi platform BinaryX completed the split of its native BNX token on Feb. 23. Following the announcement, the old BNX token surged up to 9500% — while the new BNX trades at $1.27, according to CryptoSlate data. BNX 1:100 token split Token split is carried out to increase the total supply of a…

[ad_1] Ad A Massachusetts man faces charges after mining cryptocurrency in a school crawl space, according to a report from the Washington Post on Feb. 23. That report says that Nadeam Nahas, a Cohasset, MA, municipal employee, was set to be arraigned today for fraudulent electricity use and vandalism. He did not arrive in court,…

[ad_1] Ad U.S. regulators issued a joint statement to banks on Feb. 23 warning of liquidity risks stemming from cryptocurrency-related clients and their deposits, Reuters reported. The letter was issued by the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency and included a warning on stablecoin reserves…

[ad_1] Ad Circle CEO Jeremy Allaire told Bloomberg on Feb. 23 that the U.S. Securities and Exchange Commission should not be tasked with regulating stablecoins. Allaire said during an interview with the publication: “I don’t think the SEC is the regulator for stablecoins. There is a reason why … [governments are] specifically saying payment stablecoins…

[ad_1] Ad The U.S. Federal Reserve announced on Feb. 23 that it had denied a request through which Custodia Bank sought supervision from the government agency. Custodia asked the Federal Reserve to reconsider a similar rejection from last month. At that time, the bank sought to become a member of the Federal Reserve system. The…

[ad_1] Episode 7 of CryptoSlate’s podcast, Bittalk, discussed the potential risks and benefits of introducing new changes to Bitcoin. The hosts, Akiba from CryptoSlate, James from CryptoSlate’s research team, and Nick from Mercury Wallet, touched on various topics related to Bitcoin’s current state, including developments of Bitcoin infrastructure and the Nostr Improvement Protocols (NIPs) and…

[ad_1] Ad The International Monetary Fund (IMF) warned that giving cryptocurrencies the status of legal tender or official currency could lead to adverse effects on the monetary sovereignty and stability of a nation. The UN financial agency considers this to be the first of nine elements to create effective policies for crypto assets, according to…

[ad_1] Quick Take The metric supply of the last active 10+ years ago Bitcoin holders suggests that these holders have been holding onto BTC since 2013. This cohort currently holds over 2.63 million BTC, growing exponentially. On the other hand, exchanges hold roughly 2.26 million BTC, which has decreased exponentially since 2020. The cross-over occurred…

[ad_1] Ad Creepz NFT collection’s trading volume recorded a 240% increase in the 24 hours following Creepz creator Overlord’s partnership announcement with Spotify. Overlord announced the new partnership on its Twitter account on Feb. 22 at 22:00 UTC. The partnership allows Creepz holders to access token-enabled playlists created by the community. On Feb.23, Creepz NFT…

[ad_1] Ad FTX founder Sam Bankman-Fried (SBF) is facing additional charges in the latest superseding indictment unsealed on Feb. 23. The indictment —  unsealed in the U.S. District Court in Manhattan, where SBF was originally charged — includes a total of 12 charges, four of which are new. It also reveals new details of the…