Category: Latest news

[ad_1] The Securities and Exchange Commission (SEC) bought charges against five members of a crypto Ponzi scheme  – Trade Coin Club that defrauded over 100,000 investors worldwide of 82,000BTC, valued at $295 million at the time, according to a Nov. 4 SEC press release. The Trade Coin Club is a crypto pyramid scheme posed as…

[ad_1] Embattled Terra founder Do Kwon said he would throw a meetup/conference to end all the talks of him being in hiding soon, according to a November 3 tweet. Alright ill throw a meetup/conference soon to get over this in hiding bs Cops from world over welcome to attend — Do Kwon 🌕 (@stablekwon) November…

[ad_1] Toward the end of 2021, cryptocurrency traders were flying high as the market hit all-time highs driven by strong interest among retail and institutional investors. Fast forward one year, and that ecstatic sentiment is long gone, with the total crypto market cap dropping from $3 trillion to about $1 trillion as 2022 is coming…

[ad_1] Mempool studio is immortalizing events in the web3 space with a limited edition of hardcovers and digital collectibles in a Web3 Yearbook 2022 that will be launched next year, according to a press statement shared with CryptoSlate. The yearbook is a 300-page document that examines the remarkable events that happened throughout the year from…

[ad_1] Canada’s government announced it is launching consultations on cryptocurrencies, stablecoins, and central bank digital currencies (CDBCs) to address illicit crypto activities, according to a Nov. 3 mini-budget fiscal update by Deputy Prime Minister Chrystia Freeland. Within The Fall Economic Statement’s “Addressing the Digitization of Money,” the government wrote that it aims to launch a…

[ad_1] Currently, inflation is a global intruder that threatens to disrupt the growth and calm waters of established economies like those in Europe and the United States. Increasing energy, fuel oil, and gasoline prices are primarily responsible for the current alarming rate of inflation.  Rise of oil and coal prices through the decade Source:  Currently,…

[ad_1] In a bid to facilitate real-time collateral appraisal for NFTs, marketplace, and wallet analytics, Nexo-backed MetaQuants, a provider of NFT solutions, has unveiled its algorithm product.  The alpha version of the new algorithm product is designed to aid NFT lending, market, overpricing, and market manipulation penalties, according to a press release shared with CryptoSlate.…

[ad_1] Critical decision investment support tools provider MSCI, crypto intelligence firm, CoinMetrics, and Goldman Sachs have jointly introduced a digital assets data system that tracks token use cases, performance, and risk management, according to a Nov. 3 announcement. The new data system, “Datonomy,” organizes tokens into classes, sectors, and subsectors based on the tokens’ use…

[ad_1] After weeks of failing to break the tough resistance, Bitcoin surged above $21,000. The few short hours it spent above $21,000 before a slight correction brought some much-needed confidence back into the market. While it’s hard to estimate how long the correction will last, exchange data suggests that BTC is currently up against a…

[ad_1] The prices of  NASDAQ and Gold have plummeted after the Fed’s latest 0.75% interest rate hike.  According to market data, NASDAQ fell 4.97%, while Gold is down 0.68%, as both hit their year-to-date lows in the last 40 hours. Price action comparison   Meanwhile, BTC is up 0.55% during the same period. According to…