Author: Zeynep Geylan

Binance holds the most amount of Bitcoin on exchanges after roles have reversed with Coinbase

CryptoSlate

Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance’s exchange balance took a turn and started to spike in May. It’s Read More

US Treasury Department adds Kraken to investigations list for potential sanctions violations

CryptoSlate

The U.S. Treasury Department suspects that crypto exchange Kraken has violated the U.S. sanctions by allowing users from sanctioned regions to trade digital tokens and opened a federal investigation to reveal the truth, The New York Times reported. The U.S. Read More

Naira now has a third “crypto exchange rate” as Nigerians rely heavily on crypto

CryptoSlate

Nigeria’s exchange rate system dominated by the official and black-market rates now has a “crypto exchange rate” as a competitor since Nigerians have been accumulating crypto since 2020 due to low confidence in the Naira, the Bloomberg reports. The Association Read More

Japan’s top crypto lobby groups push for lower taxes to attract talent

CryptoSlate

Japan’s strongest crypto lobbying groups say that current tax rates prevent industry growth and call for lower taxes to prevent talent outflow. Bloomberg News reported that two of the top lobbying groups, the Japan Cryptoasset Business Association (JCBA) and the Read More

France’s rigidity on crypto ads might spread through the E.U.

CryptoSlate

French regulations that ban the marketing of cryptocurrencies and crypto companies forced  Formula (F1) teams to remove their crypto company sponsors from the cars, while RacingNews365 reports that an EU-wide crypto marketing ban might be coming. French watchdog Autorité des Read More

Crypto.com continues expansion with Cyprus

CryptoSlate

Cryptocurrency platform Crypto.com received regulatory approval from the Cyprus Securities and Exchange Commission (CySEC) just three days after registering with the Italian watchdogs. Crypto.com’s CEO Kris Marszalek said Europe was the first step of the company’s expansion plans. The announcement Read More

Polygon launches Nightfall to provide enterprise solutions via ZKP tech

CryptoSlate

Polygon‘s Head of Enterprise, Antoni Martin, gave the keynote speech at the 2022 EY Global Blockchain Summit and introduced Polygon Nightfall, the company’s new zero-knowledge proof (ZKP) solution that offers privacy for companies that want to use Ethereum blockchain. According Read More

Sweden averse to Bitcoin mining amid rapid rise in energy demand

CryptoSlate

Europe’s mining heaven Sweden looks to re-direct Bitcoin miners’ power to job-creating projects as the country’s energy demand rapidly increases. Sweden’s Energy Minister Khashayar Farmanbar told Bloomberg News: “We need energy for more useful things than Bitcoin, to be honest. Read More

Mixer usage sees all-time high thanks to nation-affiliated cybercriminals

CryptoSlate

Crypto mixer usage reached an all-time high in 2022 with a significant contribution from sanctioned entities and cybercriminals with known state affiliations, according to Chainalysis‘ recent report. The numbers show that the value received by mixers reached its all-time high Read More

Highlights from ETHBarcelona: bear market survival guide

CryptoSlate

Bear Market Survival Guide: A VC Perspective panel in ETHBarcelona was directed by Node Capital’s founder Amos Meiri. Cerulean Ventures contributor Jahed Momand, Flori Ventures contributor Maria Alegre, IOSG Ventures partner Queenie Wu, and NOIA Capital contributor Muhammed Yesilhark attended as Read More