Category: CryptoSlate

CryptoSlate News Feed

CryptoSlate Wrapped Daily: Binance hires ex-Kraken compliance chief; Coinbase faces patent infringement lawsuit

CryptoSlate

The biggest news in the cryptosphere for Sept. 23 includes Kraken’s former compliance chief’s switch to Binance, the new patent infringement lawsuit Coinbase has to face, and Bitcoin mining firm Compute North’s chapter 11 bankruptcy. CryptoSlate Top Stories Binance hires Read More

Celsius shareholders want their own legal representation in bankruptcy case

CryptoSlate

Celsius shareholders have requested an official legal representation that would represent their interest in the bankruptcy proceedings, according to a Sept. 22 court filing. According to the filing, there is a clear need for this fiduciary representation as there are Read More

CryptoSlate Wrapped Daily: Lebanon turns to crypto amid bank closures; FTX seeks to raise $1B; Zilliqa launches web3 gaming console

CryptoSlate

The biggest news in the cryptosphere for Sept. 22 includes Binance’s newly-set Global Advisory Board that’ll foster responsible regulation of the crypto sector, the agreement Russia’s financial watchdog and largest bank reached to use crypto for international payments, and the Read More

Russia’s financial regulators agrees on crypto use for international payments

CryptoSlate

Russia’s deputy finance minister Alexei Moiseev has said that the country’s apex bank and the finance ministry reached an agreement that would allow the use of cryptocurrency for international payments, Russia-based Kommersant reported on Sept. 22. According to the report, Read More

Coinbase denies The Wall Street Journal’s proprietary trading allegations

CryptoSlate

Coinbase has denied allegations from The Wall Street Journal that it engaged in proprietary trading. The exchange said Sept. 22 that the WSJ  had confused its client-driven activities with proprietary trading. Proprietary trading allegation The Journal reported earlier on Sept. Read More

Korean tax authorities seize $185M worth of crypto from tax evaders since 2021

CryptoSlate

South Korean authorities have seized approximately $185 million worth of digital assets from tax delinquents since 2021, Yonhap news agency reported on Sept. 22. In the second half of 2020, tax authorities implemented a system of seizing the virtual assets Read More

Japan’s Nomura Holdings to launch new crypto-focused unit in Switzerland

CryptoSlate

Japan-based investment bank Nomura Holdings is launching a new crypto unit in Switzerland called Laser Digital. Nomura’s head of trading and investment Steven Ashley will step down from his current role to serve as Laser Digital’s chairman, while Nomura’s head Read More

CryptoSlate Wrapped Daily: Bitcoin drops 6.5% after Fed’s 75 bps rate hike; Tether under pressure to produce documents on USDT reserve

CryptoSlate

The biggest news in the cryptosphere for Sept. 21 includes Bitcoin tanking 6.5% after Fed announced a 75 bps rate hike, a court ordering Tether to provide documents on its reserves, and Ethereum Devs looking to enable withdrawals in the Read More

Immutable’s Guild of Guardians on building trust to onboard traditional gamers

CryptoSlate

Following the emerging trend within web3 gaming, Guild of Guardians looks to promote the concept of “play-and-earn” instead of play-to-earn. The game, from the team behind Gods Unchained, Immutable Studios, focuses on digital asset ownership as a byproduct of engaging Read More

Research: Ethereum’s move to PoS is trading off decentralization for scalability

CryptoSlate

With the Merge finally completed, Ethereum is now running as a Proof-of-Stake (PoS) network. However, its transition from a Proof-of-Work (PoW) system has been highly controversial. Supporters of PoW mining feared that staking would centralize the network and threaten its Read More

TRM Labs confirms “Tornado Cash is different” in response to OFAC sanctions

CryptoSlate

Watch this exclusive interview with TRM Labs for a deep dive into how major DEXs dealt with OFAC sanctions within the crypto ecosystem. TRM Labs is a blockchain intelligence company that helps detect blockchain-related risks for financial institutions, crypto-native businesses, Read More

Experts argue SEC cannot claim jurisdiction over Ethereum transactions

CryptoSlate

Several experts have disagreed with the U.S. SEC’s claim that it has jurisdiction over Ethereum transactions because there are more ETH nodes in the country than any other. SEC claims jurisdiction over ETH transactions In its charges against crypto promoter Read More