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Prisma Finance $11.6 million exploit leads to asset value plummet, mkUSD stablecoin instability
Ethereum liquid restaking platform Prisma Finance said its vaults were exploited earlier today for an undisclosed sum. According to the protocol: “Prisma Protocol has been paused by the emergency multisig and remaining funds are safe. дальше »
2024-3-28 19:55 | |
Is Bitcoin Dogs worth buying as Pro says BTC returns ‘will come down’?
Bitcoin is in focus today after Robert Mitchnick of BlackRock Inc said returns coupled with the world’s largest cryptocurrency “will come down” moving forward. Is Mitchnick dovish on Bitcoin now? But that doesn’t mean he’s dovish on BTC at all. дальше »
2024-3-28 17:30 | |
How Polkadot 2.0 could be key to DOT’s breakout on the charts
An analyst said that DOT might flip a crucial resistance. Funding Rate remained positive, suggesting a further price increase. The price of Polkadot [DOT] has increased by 15. 31% on a Year-TThe post How Polkadot 2. дальше »
2024-3-27 04:00 | |
KuCoin assures users funds are safe after US levies criminal charges
KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering (AML) […] The post KuCoin assures users funds are safe after US levies criminal charges appeared first on CryptoSlate. дальше »
2024-3-26 20:53 | |
Is Bitbot a buy after BlackRock dubbed BTC not a ‘risk-on’ asset?
Bitcoin is not really a “risk-on asset” – it is, instead, more like digital gold, says Robert Mitchnick of BlackRock Inc. What Mitchnick said at the Bitcoin Investor Day conference Mitchnick agrees the world’s largest cryptocurrency does sometimes act similar to a high-risk tech stocks. дальше »
2024-3-27 17:39 | |
OrdinalsBot secures $3 million seed funding to turbocharge Bitcoin inscriptions ecosystem
Ordinals infrastructure platform OrdinalsBot said it raised over $3 million in its seed funding round to enhance opportunities within the broader Bitcoin ecosystem, according to a March 26 statement shared with CryptoSlate. дальше »
2024-3-26 17:30 | |
SWIFT completes second test phase of CBDC with smart contract, atomic settlement capability
SWIFT said on March 25 that it discovered several applications for its central bank digital currency (CBDC) solution following a successful six-month test. The company did not create its own CBDC but instead developed an interlinking solution for existing CBDCs — dubbed the SWIFT connector. дальше »
2024-3-26 04:00 | |
London Stock Exchange sets May 28 launch date for Bitcoin, Ethereum ETNs
The London Stock Exchange said in a March 25 notice that it plans for Bitcoin (BTC) and Ethereum (ETH) crypto exchange-traded notes (ETNs) to begin trading on May 28. The latest announcement also details other key dates. дальше »
2024-3-26 22:56 | |
Cathie Wood doubles down on $1.5 million Bitcoin as institutional exposure looms
Ark Invest CEO Cathie Wood said Bitcoin could be worth more than $1. 5 million per coin if institutions allocate roughly 5% of their portfolios to the digital asset. Wood made the statement during the Bitcoin Investor Day conference in New York on March 22. дальше »
2024-3-24 01:10 | |
Montenegro’s Supreme Court stalls Do Kwon’s extradition amid legal tussle
Montenegro’s Supreme Court has intervened in Do Kwon’s extradition to South Korea, putting the process on hold indefinitely, according to a March 22 translation of the Court notice. The Court said it overturned previous decisions from two lower courts that had greenlit Kwon’s extradition to South Korea because of the Supreme State Prosecutor’s Office’s request. дальше »
2024-3-22 20:15 | |
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto. дальше »
2024-3-22 19:05 | |
Ripple leaders forecast SEC defeat in Ethereum security saga
Ripple CEO Brad Garlinghouse said the US Securities and Exchange Commission (SEC) would lose its war against Ethereum. In a March 22 post on social media platform X (formerly Twitter), Garlinghouse pointed out that the financial regulator lost its securities classification battle against his company’s XRP token and is on course to suffer a similar […] The post Ripple leaders forecast SEC defeat in Ethereum security saga appeared first on CryptoSlate. дальше »
2024-3-22 14:54 | |
John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims
FTX CEO John Ray III has debunked Sam Bankman-Fried’s (SBF) claims about the level of losses suffered by users of the defunct exchange. In a March 20 letter to Judge Kaplan, Ray said Bankman-Fried’s statements were “categorically, callously, and demonstrably false” because the exchange users would “never be in the same position they would have […] The post John Ray exposes ‘vast’ harm to FTX customers, counters SBF’s solvency claims appeared first on CryptoSlate. дальше »
2024-3-21 14:22 | |
Key U.S. Lawmaker McHenry Says House Has 'Workable' Stablecoin Bill
U.S. Rep. Patrick McHenry (R-N.C.) said some of the recent chaos in Congress derailed crypto legislation for a while, but a stablecoin bill is largely worked out in the House of Representatives and just needs a schedule floor vote. дальше »
2024-3-21 21:29 | |
SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies
US SEC chair Gary Gensler condemned “AI washing” or the abuse of artificial intelligence (AI) and said such activities “may violate the securities laws.” Gensler made the statements on March 18 in tandem with lawsuits and regulatory action by the SEC against AI washing, which occurs when members of the financial sector make false claims […] The post SEC chair Gensler condemns ‘AI washing’ after regulatory action against 2 companies appeared first on CryptoSlate. дальше »
2024-3-19 02:31 | |
Vanguard CEO says Bitcoin ETFs do not ‘belong in a long-term portfolio’
Vanguard CEO Tim Buckley said Bitcoin needs to “change as an asset class” for the investment firm to consider it as a viable option and has no intention of changing its mind about spot Bitcoin ETFs until that happens. дальше »
2024-3-16 01:27 | |
Bernstein Analysts Convinced Bitcoin Is Headed For $150,000, Here’s Why
Analysts from private wealth management firm, Bernstein have reaffirmed their previous Bitcoin prediction, emphasizing that the cryptocurrency has a greater chance to reach $150,000 by 2025. Bitcoin $150,000 Price Forecast Grows Stronger Bernstein analysts Gautam Chhugani and Mahika Sapra said in a note to clients on Monday that they were now more convinced of Bitcoin’s exponential surge to new all-time highs at around $150,000 by mid-2025. дальше »
2024-3-16 23:30 | |
Sam Bankman-Fried deserves 40-50 years in prison, prosecutors say
Sam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, deserves a jail term of not less than 40 years, US prosecutors said on Friday. According to the sentencing memo the Department of Justice, Southern District of New York, filed on Friday, what Bankman-Fried needs is 40 to 50 years in prison. The prosecution […] дальше »
2024-3-16 23:24 | |
Mike Novogratz’s Galaxy Digital Should Be a ‘Core Holding’ for Digital Asset Investors, Stifel Canada Says
There are a number of key catalysts for the company, and these include ETF net inflows, the development of GalaxyOne and a potential Nasdaq listing, the report said. дальше »
2024-3-16 11:24 | |
Crypto owners favor Trump over Biden in 2024 election with 9% divide
US voters who own crypto favor Donald Trump in the upcoming 2024 presidential elections, according to new surveys conducted by Paradigm. The research-driven investment firm said on March 14 that 48% of crypto holders plan to vote for Donald Trump, while 39% plan to vote for Joe Biden — with 13% undecided. дальше »
2024-3-15 01:39 | |
Crypto owners favor Trump over Biden in 2024 election with 9% divide – POS poll
US voters who own crypto favor Donald Trump in the upcoming 2024 presidential elections, according to a new survey conducted by Public Opinion Strategies on behalf of Paradigm. The research-driven investment firm said on March 14 that 48% of crypto holders plan to vote for Donald Trump, while 39% plan to vote for Joe Biden […] The post Crypto owners favor Trump over Biden in 2024 election with 9% divide – POS poll appeared first on CryptoSlate. дальше »
2024-3-15 01:39 | |
Hong Kong adds Bybit to its list of suspicious crypto exchanges
Hong Kong’s Securities and Futures Commission (SFC) has added Bybit to its list of suspicious virtual asset trading platforms and issued a public warning about its unlicensed operations. In a March 14 warning, the SFC said the platform is unlicensed and expressed concerns that Bybit has offered its products to Hong Kong investors. дальше »
2024-3-15 23:45 | |
Nigeria ‘not yet one of its top markets’ says Binance, despite high crypto adoption in African country
Binance said Nigeria is not one of its top markets amid recent issues with authorities in the African country. In a March 13 statement, the exchange revealed its extensive cooperation with local law enforcement agencies to promote the responsible growth of crypto in Nigeria. дальше »
2024-3-14 18:37 | |
Hong Kong Starts New Phase of CBDC Testing
Phase 2 of the e-HKD pilot will be supported by the recently launched regulatory sandbox for testing wholesale CBDCs and tokenization, the Hong Kong Monetary Authority said. дальше »
2024-3-14 14:54 | |
Gold Bug Peter Schiff Says He Wishes He'd Bought Bitcoin in 2010
The American stockbroker has repeatedly called bitcoin a “bubble” and said he still doesn’t believe in its long-term future. дальше »
2024-3-14 13:20 | |