Category: Latest news
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Coinbase creates self-service recovery of unsupported ERC-20 tokens sent to exchange
[ad_1] Leading crypto exchange Coinbase has announced the launch of its asset recovery tool, which enables users to recover up to 4,000 unsupported ERC-20 tokens. Previously, users who sent tokens not registered on the Coinbase Ledger were at risk of not receiving them in their wallets. As a result, the funds remained unrecoverable since Coinbase…
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Amber Group reportedly looking to downsize despite raising $300M
[ad_1] Amber Group announced that it raised $300 million on a Series-C funding round on Dec.16. It also revealed plans to lay off up to 400 employees and cancel performance-based bonuses, as reported by Bloomberg News. Amber Group initially responded to the Bloomberg News article stating the company was “business as usual” following a statement…
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Sweden Central Bank preparing for e-krona CBDC
[ad_1] Sweden’s central bank, Riksbank, is preparing to introduce a possible central bank digital currency (CBDC) — the e-krona — according to a Dec. 15 statement. Riksbank said that it is “ready to be able to issue an e-Krona” if Sweden’s legislature, the Riksdag, chooses to proceed with the asset’s creation. The central bank said…
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New York authority lays out conditions for banks to offer crypto-related services
[ad_1] The New York Department of Financial Services (DFS) has released a guideline mandating banking institutions to seek regulatory permission at least 90 days before offering crypto-related services. The guideline released on Dec. 15 by the DFS Superintendent Adrienne Harris stated that New York-regulated banks must seek approval from the Department before engaging in crypto-related…
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FTX co-CEO blew whistle on exchange; Trump launches NFT collection
[ad_1] The biggest news in the cryptoverse for Dec. 15 includes the FTX co-CEO Ryan Salame being revealed as the whistleblower, Donald Trump’s NFT collection, and research on long-term Bitcoin holders still showing bullish sentiment despite losses. CryptoSlate Top Stories FTX co-CEO Ryan Salame tipped off Bahamian regulators on Nov. 9 that the exchange was…
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CZ calls Kevin O’Leary ‘a liar’ regarding accusations against Binance
[ad_1] Binance CEO and co-founder Changpeng Zhao called Canadian investor and businessman Kevin O’Leary “a liar” on the CNBC pre-market news program Squawk Box. “How concerned are you that the money given to you by @SBF_FTX will be clawed back? Are you prepared to hand it back to creditors if they were to ask?” @andrewrsorkin…
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Bitcoin long-term holders remain bullish despite losses
[ad_1] Bitcoin’s (BTC) year-long decline has left several holders with unrealized losses, including long-term holders (LTH) who have held the coin for at least six months. However, CryptoSlate’s analysis of Glassnode data showed that this group of investors remains bullish on the flagship digital asset. Source: Glassnode According to Glassnode data, the cohort holds a…
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Big Time wins Game of the Year at 2022 Gam3 Awards
[ad_1] Big Time has won the prestigious Game of the Year title at the Polkastarter Gaming GAM3 Awards 2022. The action-adventure game from Open Loot is an open-world RPG with unique blockchain game mechanics. Take a look at the game from the episode of the SlateCast earlier this year. After narrowing down the nominees to…
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GAM3 Awards 2022 Official Livestream
[ad_1] Join us for the inaugural GAM3 Awards Livestream on December 15 at 3:00 PM UTC to tune into the biggest web3 gaming event of the year, where the top web3 games and content creators compete for 16 award categories and prizes valued at over $1M+. The post GAM3 Awards 2022 Official Livestream appeared first…
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SBF spent first night in prison in ‘good spirits’
[ad_1] FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits,” the Nassau Guardian reported, citing Bahamas Acting Commissioner of Corrections Doan Cleare. The acting commissioner said SBF was spending his time in the prison’s sick bay and was receiving his medications on time. “He is with five other inmates in a…