Author: Assad Jafri

CZ says Binance.US needed new leadership amid ‘hostile’ regulatory environment

CryptoSlate

The Binance International CEO said the regulatory landscape in the U.S. is “rapidly evolving and increasingly hostile” toward the crypto industry.” 2 min read Updated: September 16, 2023 at 6:05 pm Cover art/illustration via CryptoSlate Binance CEO Changpeng ‘CZ’ Zhao Read More

Friend.tech regains launch hype momentum as revenue hits $5.6M amid surge in usage

CryptoSlate

Friend.tech’s revenue hit $5.6 million on Sept. 9, marking a 30-day high for the recently launched blockchain social networking platform, which has regained some of its lost momentum, according to Token Terminal data. The strong revenue is driven by a Read More

Stablecoin settlements were on par with payments giant Visa during 2022

CryptoSlate

Stablecoins are making significant waves in the payments sphere, primarily as a vehicle for non-speculative transactions, according to a new report by European hedge fund Brevan Howard. In 2022, the stablecoin market settled an eye-watering value of over $11 trillion, Read More

Celsius set to vote on asset sale plan after court approves disclosures

CryptoSlate

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you Read More

PayPal aiming for DeFi push after stablecoin launch – SVP Blockchain, crypto

CryptoSlate

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you Read More

US Accountability Office says regulators need ‘coordination mechanism’ to tackle crypto oversight

CryptoSlate

The GAO said that Congress must focus on creating new legislation to address the consumer protection and financial stability issues stemming from the lack of oversight of the crypto industry. 2 min read Updated: July 25, 2023 at 8:27 pm Read More

Nasdaq postpones crypto custody plans, citing ‘shifting business and regulatory environment’

CryptoSlate

Nasdaq CEO Adena Friedman said the exchange remains committed to the digital assets industry but will not pursue a relevant operational license until there is more clarity. 2 min read Updated: July 19, 2023 at 6:30 pm Cover art/illustration via Read More

Binance has quietly laid off 1,000 or more employees in recent weeks; may slash workforce by up to 30%: WSJ

CryptoSlate

Binance has sacked more than 1,000 people in recent weeks as it contends with regulatory and legal hurdles in the U.S. and other jurisdictions, the Wall Street Journal reported July 14, citing a person familiar with the matter. The exchange Read More

UN greenlights Dynamic Coalition on Blockchain Assurance and Standardization to research emergent tech

CryptoSlate

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you Read More