The founder and CEO of an Africa-focused payments firm, Elizabeth Rossiello, claimed on Nov. 11 that the beleaguered crypto exchange FTX had incorrectly included AZ Finance in its chapter 11 bankruptcy protection filing. The CEO insisted that her firm does not hold customer funds and is presently taking steps to correct the “erroneous court filings.” […]
The CEO of cryptocurrency exchange Kraken has outlined the impact of FTX’s failure on the crypto industry. After listing multiple red flags, the executive stressed: “The damage here is huge … We’re going to be working to undo this for years.” Crypto Exchange Kraken’s CEO on Damage to Crypto Industry Caused by FTX’s Failure The […]
Blocto, a multichain wallet has announced the launch of a $3 million Aptos Ecosystem Fund whose objective is to help onboard new users to Aptos. Besides financially supporting projects, the Aptos fund will be used to back standout projects when they get to the “user acquisition phase.” Access to Aptos’ in-House and External Investor Base […]
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters, Bitcoinica eventually went bust after a series […]
Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, and we’re confident it won’t be the last,” the firm’s director of investigations said. $30 Million in […]
The $258 billion lawsuit filed against Elon Musk, Tesla, and Spacex over their dogecoin promotion has expanded with new defendants and DOGE investors added. The plaintiffs allege that the meme cryptocurrency dogecoin is a Ponzi scheme, emphasizing that Musk and his companies “falsely and deceptively claim that dogecoin is a legitimate investment when it has […]
The total cryptocurrency market capitalization continued its recovery from the previous day and stood at $1.03 trillion at 06:00 UTC on September 9 — up 2.17% during the last 24 hours.
The post CryptoSlate Daily wMarket Update – Sept. 8 appeared first on CryptoSlate.
Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users’ verification.
The post Crypto community lambasts dydx’s new facial verification requirement appeared first on CryptoSlate.
Binance CEO Changpeng ‘CZ’ Zhao has responded to allegations that his company is owned by a secret Chinese agent “Guangying Chen” and thus owes its loyalty to the Chinese government.
The post CZ denies claims that Binance is in ‘the pocket of the Chinese government’ appeared first on CryptoSlate.
US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) have jointly proposed an amendment to Form PF.
The post SEC, CFTC propose amendments for large hedge fund crypto reporting appeared first on CryptoSlate.
