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
Cryptocurrency exchange Binance hired Kraken’s former chief of compliance Steven Christie in May as senior vice president of compliance to lead its global compliance team, The Wall Street Journal reported Sept. 23. Binance’s CEO Changpeng Zhao (CZ) said he is looking to Read More
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
Bitcoin (BTC) mining data center operator Compute North filed for Chapter 11 Bankruptcy, adding that CEO Dave Perrill resigned earlier in September. The firm reportedly owes $500 million to about 200 creditors and has assets valued between $100 and $500 Read More
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 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 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
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-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
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
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
Kraken’s Co-founder and CEO Jesse Powell is stepping down from his position and will be replaced by the firm’s COO Dave Ripley, according to a Sept 21 press statement. Powell will become the chairman of the company’s board; he will Read More
On Sept. 20, CryptoSlate published an article on the upcoming Shanghai upgrade, stating Ethereum withdrawals would not likely be activated. The piece was informed by contact with a member of the Ethereum team. Since then, another member of the Ethereum Read More
The international monetary fund (IMF) has called on regulators worldwide to work toward a coordinated effort to regulate the crypto market, as its effect has a far-reaching impact on global economies. According to the IMF in its recent September bulletin, Read More
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
Crypto investors are treading a tightrope this year, which looks to extend into the longest bear cycle in crypto history. This anxiety may seem worn out for crypto veterans, but have we entered completely new territory this year? First, let’s Read More
Web3 gaming company W3E will be hosting the world’s first Web3 e-sports tournament on Nov. 17 as a part of Istanbul Blockchain Week. The event will occur in Istanbul between November 14 and 17. The W3E global e-sports tournament will Read More
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
As the U.S. grows increasingly concerned about sanctions evasions via cryptocurrency, a new bill demands that Congress be notified of all crypto aid provided to Ukraine. The bill, which the House of Representatives deliberated on Sept. 19, has been titled Read More
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
