Ad Coinbase insiders — including its chief executive officer Brian Armstrong and other executives — have sold $7.4 million worth of the company’s stocks in the last 30 days, according to Dataroma data. Coinbase CEO sold $5.8 million stocks Brian Read More
Ripple’s XRPL account near 5M despite legal issues with SEC
Ripple’s XRP has risen by more than 15% in the past 30 days, coinciding with when crypto whales purchased 420 million tokens. 2 min read Updated: March 22, 2023 at 10:03 am Cover art/illustration via CryptoSlate Ad Accounts created on Read More
USDC issuer Circle seeks regulatory approval in France amid US banking troubles
Circle said the Euros-pegged stablecoin EUROC could become a compliant e-money under Europe’s Markets in Crypto-Assets (MiCA) regulations. 1 min read Updated: March 21, 2023 at 5:45 pm Cover art/illustration via CryptoSlate Ad USD Coin (USDC) issuer Circle has applied Read More
Metamask, Moonpay partner to allow Nigerians buy crypto directly
In 2021, the central bank of Nigeria ordered banks to stop facilitating cryptocurrency transactions and close all crypto-related accounts. 1 min read Updated: March 21, 2023 at 11:02 am Cover art/illustration via CryptoSlate Ad Buying cryptocurrencies in Nigeria just became Read More
Belgium to introduce new crypto ad regulation
Companies sponsoring crypto advertisements in Belgium must submit to its financial regulator FSMA before any campaign. 1 min read Updated: March 20, 2023 at 2:59 pm Cover art/illustration via CryptoSlate Belgium’s Financial Services and Markets Authority (FSMA) is set to Read More
Over 20 crypto firms plan to establish presence in the city: Hong Kong authorities
The Hong Kong authorities said they were working on establishing a licensing regime for virtual asset service providers by June 2023. 1 min read Updated: March 20, 2023 at 10:32 am Cover art/illustration via CryptoSlate Hong Kong’s Secretary for Financial Read More
Wallets connected to FTX transfer over $100M stablecoins to exchanges
Lookonchain said the wallets making the transactions were used to collect FTX’s assets after it crashed in November 2022. 1 min read Updated: March 14, 2023 at 2:38 pm Cover art/illustration via CryptoSlate Three addresses connected to bankrupt crypto exchange Read More
Bitcoin hashprice drops as miners face possible 30% energy tax
Jaran Mellerud said Bitcoin’s mining difficulty and hashrate has soared by more than 20% in 2023 while the asset’s decline has erased most of the gains it made early in the year. 2 min read Updated: March 10, 2023 at Read More
Bitcoin miner Hut 8’s shares fall 9% after 2022 financial report
Ad Bitcoin (BTC) mining firm Hut 8’s financial statements for 2022 showed that the miner earned less revenue despite its higher productivity levels, according to a March 9 statement. According to Yahoo Finance data, the miner’s shares declined 8.78% to Read More
Silvergate troubles affecting crypto’s USD market depth
Ad Crypto’s US Dollar market depth has significantly dropped over the past month following Silvergate’s struggles, according to Kaiko data. US exchanges are becoming less liquid. Kaiko said U.S.-based exchanges and market makers are becoming less liquid as they seem Read More
Ripple CEO says SEC has no infrastructure for registered tokens
Ripple CEO Brad Garlinghouse said the US crypto industry need to rebuild trust by enabling more transparency and creating utility. 2 min read Updated: March 8, 2023 at 2:31 pm Cover art/illustration via CryptoSlate Ad Ripple (XRP) CEO Brad Garlinghouse Read More
Vitalik Buterin token dump sends unsolicited altcoins price down including CULT
Ad Ethereum (ETH) co-founder Vitalik Buterin dumped several unsolicited altcoins (sh*tcoins) during the early hours of March 7, leading to the value of these assets falling. On-chain analyst Lookonchain reported that Buterin sold 50 billion MOPS, 500 trillion SHIK, and Read More
Kraken eyes own bank amid regulatory scrutiny
Two major crypto-friendly banks — Silvergate and Signature — have come under increased scrutiny from regulators following FTX’s recent collapse. 2 min read Updated: March 6, 2023 at 3:22 pm Cover art/illustration via CryptoSlate Ad Crypto exchange Kraken has plans to Read More
BUSD’s trading volume dropped to lowest point in February on Coinbase
BUSD’s balance on exchanges has dropped to under 10 billion within three months, according to Glassnode data. 1 min read Updated: March 1, 2023 at 3:04 pm Cover art/illustration via CryptoSlate Ad Binance USD (BUSD) stablecoin trading volume dropped to Read More
Ripple asks SEC chair to recuse self from crypto enforcement cases
Ripple chief legal officer Stuart Alderorty said SEC Chair Gary Gensler has prejudged the outcome of crypto-related enforcement actions. 1 min read Updated: February 28, 2023 at 1:45 pm Cover art/illustration via CryptoSlate Ad Ripple’s chief legal officer Stuart Alderoty Read More
Binance closes Australian users derivatives position
Binance said it has informed the impacted users and they would be fully compensated for their losses, according to its statement. 1 min read Updated: February 23, 2023 at 1:52 pm Cover art/illustration via CryptoSlate Ad Binance said it has Read More
Immutable reportedly lays off 11% of staff after $56M loss
Immutable incurred around $56 million losses as its expenses outstripped earnings over the past financial year, according to the report. 1 min read Updated: February 22, 2023 at 10:54 am Cover art/illustration via CryptoSlate Ad The Sydney Morning Herald reported Read More
Genesis creditors file to restrict bankrupt’s firm intercompany transactions
Genesis creditors said the request raises various concerns for the committee as previous intercompany transactions are being investigated. 1 min read Updated: February 21, 2023 at 10:26 am Cover art/illustration via CryptoSlate Ad Genesis’ committee of unsecured creditors filed an Read More
US financial committee demands SBF-related documents from SEC
The lawmakers wrote that the timing of the SEC’s charges against SBF raises “serious questions about its process and cooperation” with the US Department of Justice (DoJ). 1 min read Updated: February 10, 2023 at 7:07 pm Cover art/illustration via Read More
3AC co-founders launch marketplace to trade crypto claims
Open Exchange said there is “a $20 billion market of claimants” desperately searching for a marketplace to monetize their claims against bankrupt crypto firms. 1 min read Updated: February 9, 2023 at 6:58 pm Cover art/illustration via CryptoSlate Ad Founders Read More