Former FTX co-CEO Ryan Salame is expected to plead guilty to the criminal charges against him, according to Bloomberg. This comes as a major blow for FTX Digital Markets, which already faced collapse last year. Salame, who was jointly in charge with Sam Bankman-Fried, is scheduled to appear at the Manhattan federal court on Thursday
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have released a comprehensive report commissioned by G20 under India’s leadership. The report focuses on regulating crypto-assets such as Bitcoin and stablecoins. It aims to address the financial stability and integrity risks associated with the rapid growth of these digital assets. The IMF and
Web3 games platform Tamadoge has recently announced an exciting new burn program aimed at boosting the scarcity and value of its native token, $TAMA. This comprehensive strategy for reducing the circulating supply of $TAMA involves three different burn methods: Mega Burns, Community Burns, and Platform Revenue Burns. The burn program is a key component of
A major Korean finance powerhouse, Mirae Asset Securities, has recently announced its collaboration with Polygon, a popular blockchain network. This partnership has sparked interest and curiosity about how it will potentially affect the price of Polygon’s native cryptocurrency, MATIC. In the early hours of September 7, 2023, Mirae Asset Securities, South Korea’s largest financial group
During the recent Korea Blockchain Week, Planetarium Labs, a company renowned for their community-driven Web3 gaming experiences, showcased two highly anticipated titles at the Web3 Game ‘Unplugged’ event. This event, co-hosted by Animoca Brands and Intella X, provided gaming enthusiasts with a sneak peek into the next big developments in the decentralized gaming arena. Let’s
Privacy in financial transactions has become a crucial concern for individuals around the world. With the rise of blockchain technology and the increasing use of cryptocurrencies, the need for secure and private transactions has never been more apparent. One solution to this problem is the use of privacy pool systems, which allow users to prove
Trading can be a precarious endeavor, often resulting in financial loss for many traders due to the inability to accurately forecast asset prices. Recognizing this challenge, yPredict has emerged as a pioneering platform that aims to combine artificial intelligence (AI) and financial expertise to revolutionize the trading experience. yPredict has meticulously laid out a comprehensive
SBI Group, a well-known financial holding company from Japan, has recently announced its partnership with Ripple and SBI Ripple Asia to offer an innovative XRP (XRP) remittance service through its international remittance services arm, SBI Remit. This collaboration aims to provide efficient and cost-effective remittance solutions to bank accounts in various Southeast Asian countries. SBI
The Monetary Authority of Singapore (MAS) has imposed new regulations on Coinbase Singapore, requiring users to provide additional counterparty information for cryptocurrency deposits and withdrawals. These measures aim to comply with anti-money laundering and countering the financing of terrorism regulations. Coinbase Singapore users will now need to furnish specific information while initiating transactions involving digital
As the cryptocurrency market grapples with a tense market sentiment, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, finds itself under scrutiny. Crypto investors are on edge, with some sounding cautionary alarms about the potential for further price erosion before any sign of recovery. The past few weeks have been tumultuous for Ethereum, as its
The cryptocurrency community was recently in a state of confusion when rumors spread that Jim Cramer, the popular TV personality and host of CNBC’s “Mad Money,” expressed his approval of Binance, the largest cryptocurrency exchange. However, Changpeng Zhao, the CEO of Binance, dismissed these speculations. In this article, we will critically analyze Jim Cramer’s past
The WAX (Worldwide Asset eXchange) NFT ecosystem is currently experiencing a period of transformation, with Wombat’s recent acquisition of AtomicHub.io being a key catalyst. This change in ownership has sparked discussions surrounding the future of the WAX ecosystem, especially in light of the team’s efforts to introduce a universal listing feature that will enhance support
yPredict has emerged as a revolutionary trading platform, garnering attention from traders and investors alike. Developed by a team of AI and machine learning experts, along with financial quants and traders, yPredict offers a comprehensive suite of tools that focus on data-driven insights for making informed trading decisions. In this article, we will delve into
Bitcoin’s price is often associated with its four-year price cycles, which interestingly align with its halving schedule. However, some analysts argue that this correlation is simply a wild coincidence and that the cyclical movements of the asset are actually influenced by macroeconomic factors. In a tweet, crypto trading analyst TXMC suggested that Bitcoin’s halving schedule
Sorare, the innovative fantasy soccer game built on the principles of Web 3.0, has recently announced a significant update to its platform. The game has incorporated officially licensed 3D and augmented reality (AR) player cards, taking the visual appeal and interactivity of the game to new heights. This update aims to provide a delightful experience
Bitcoin, the world’s largest cryptocurrency, has faced both progress and setbacks over the past year. These fluctuations have also been reflected in digital asset investment products. However, recent data from Coinshares indicates that despite overall outflows from digital investment products, Bitcoin has managed to show resilience by recording a weekly inflow of $3.8 million. Despite
In the world of cryptocurrencies, threats and intimidation are unfortunately not uncommon. However, one prominent figure in the crypto space, Emma Heaver, takes a no-nonsense approach when it comes to dealing with online trolls. With guns at her disposal and a defiant attitude, Heaver boldly speaks out against altcoins and memecoins, much to the chagrin
Global payments processor, Visa, has recently announced its support for USD Coin (USDC) payments settled on the Solana blockchain. This marks a significant expansion of Visa’s stablecoin offering and demonstrates the company’s growing interest in cryptocurrencies and blockchain technology. With live and completed pilots already underway, Visa is leveraging the benefits of USDC and blockchain
The South Korean government is taking a proactive approach to combat North Korea’s use of cryptocurrency assets for its weapons program. According to a report by Korea JonngAng Daily on September 4th, the government plans to submit a bill that will enable it to track and freeze crypto assets linked to North Korea. The bill
Regulated stock exchanges around the world are facing increasing pressure to offer cryptocurrency products due to growing demand from both retail and institutional investors. According to a report published by the World Federation of Exchanges (WFE), there is a significant interest in crypto-related assets like Bitcoin. However, despite the demand, regulated exchanges remain reluctant to
Nigeria, a country located in West Africa, has emerged as a leading player in the world of cryptocurrency. According to a recent study conducted by blockchain and Web3 software company Consensys, an impressive 99% of Nigerians are familiar with cryptocurrencies. This outstanding level of awareness surpasses that of any other country on the globe. The
Manhattan’s vibrant Seaport district has become the backdrop for an exciting new digital initiative. The Howard Hughes Corp and MoonPay have partnered up to offer visitors a unique scavenger hunt experience that seamlessly combines physical exploration with digital rewards. This collaboration aims to bring a gamified Web3 experience to the historic waterfront neighborhood, creating an
The government of the United Kingdom has recently released a statement outlining its objectives for the upcoming AI Safety Summit, scheduled to take place on November 1-2 at Bletchley Park. The Department for Science, Innovation & Technology is aiming to bring together various stakeholders, including key countries, technology organizations, academia, and civil society, to discuss
In a recent email to CryptoSlate, Binance confirmed that Mayur Kamat, the head of product at the exchange, has left his role. Kamat, who joined Binance in January 2022, brought with him a wealth of experience from his previous positions at Google and Agoda. His departure adds to the growing list of top-level executives who
Crypto gambling site Stake.com recently experienced an alarming situation involving $16 million in suspicious withdrawals on September 4th. The security platform, Cyvers Alerts, labeled these transactions as “suspicious” and identified the withdrawing account as the “Stake.com Hacker.” Etherscan, a blockchain explorer, further suggests that a stolen private key may have caused the drained funds. Blockchain
Following the FTX crash back in November 2022, a significant amount of crypto remained in the exchange’s wallets due to the ongoing legal battle between the exchange and its creditors. These idle tokens, worth over $3.5 billion, have now caught the attention of crypto enthusiasts as recent activities indicate that a large chunk of them
Cryptocurrencies have taken the financial world by storm, with their popularity continuing to soar. As the demand for more effective analysis tools grows, yPredict, a cutting-edge trading analytics platform, has emerged as a frontrunner in the field. Currently conducting a crypto presale to develop its real-time AI trading analysis suite, yPredict aims to provide traders