Category: Latest news

[ad_1] Senator Elizabeth Warren is working on a sweeping cryptocurrency bill that would give most cryptocurrency regulatory authority to the Securities and Exchange Commission, according to sources close to her. “As Senator Warren has already said publicly, she’s working on crypto legislation and believes that financial regulators, including the SEC, have broad existing authority to…

[ad_1] In June 2022, following the Terra collapse, the demand for puts rose while implied volatility collapsed, the same as in the recent crypto bear market after the fall of FTX.  The performance of the options market and implied volatility both reflected a strong correlation to the collapse of the Terra blockchain. These elements can…

[ad_1] The African and Middle Eastern NFT industries are expected to grow by 48.3% annually to reach $3.42 billion in 2022, according to a report from ResearchAndMarkets. According to the report, the NFT industry is expected to grow steadily over the forecast period, with a Compound Annual Growth Rate (CAGR) of 34.3% during 2022-2028. Furthermore,…

[ad_1] On Dec. 5, CryptoSlate ran an article on privacy concerns related to the use of MetaMask wallet, specifically how a recent public disclosure revealed the logging of user IP addresses. In response to the backlash, MetaMask’s parent company ConsenSys released a statement addressing the concerns raised. Crypto community uneasy over data collection policy An…

[ad_1] Gate.io, the cryptocurrency trading platform, has launched a $100 million industry liquidity support fund to help revive the crypto industry. The fund is open to all market makers, high-frequency trading institutions, high-quality listing projects, and other institutional clients or HNW individuals, including but not limited to Gate.io or other platforms from the industry. Gate…

[ad_1] Bitcoin (BTC) mining analyst Jaran Mellerud estimated that the Ethereum (ETH) merge might have led to a 40% drop in Hive Blockchain’s revenue. Hive just lost its ether mining cash cow. I estimate its revenues to have fallen by 40% due to “the merge”. pic.twitter.com/1vq0U6EUze — Jaran Mellerud (@JMellerud) December 5, 2022 Mellerud highlighted…

[ad_1] SushiSwap Head Chef Jared Grey has initiated a proposal to increase the Treasury’s xSUSHI revenue from 10% to 100%. SushiSwap is a decentralized exchange platform that generates revenue from trading fees. Users who stake their SUSHI token, receive xSUSHI, which gives them revenue-sharing rights from the trading fees. xSUHSI holders receive about 0.05% of…

[ad_1] Silvergate CEO Alan Lane wrote a Dec. 5 public letter to reassure stakeholders that the firm employs the best due diligence process and has a robust risk management control. Silvergate addresses FTX, Alameda exposure Lane wrote that the financial institution conducted “significant due diligence on FTX and its related entities, including Alameda Research, both…

[ad_1] Binance CEO Changpeng ‘CZ’ Zhao addressed a number of allegedly ‘wrong narratives’ that have been circulating on social media in recent weeks. A list of wrong narratives I have seen recently. — CZ 🔶 Binance (@cz_binance) December 6, 2022 CZ addressed five specific “wrong narratives”: “CZ wants to be the savior of crypto” “FTX…

[ad_1] Embattled crypto lender Celsius has received approval from the bankruptcy court to extend its timeline for submitting a chapter 11 reorganization plan until Feb. 15, 2023. A Chapter 11 reorganization plan is a document that details how a bankrupt entity intends to raise funds to pay back its creditors. Celsius which filed for bankruptcy…