The path to the approval of a spot Bitcoin exchange-traded fund (ETF) seems to have taken an interesting turn. Bloomberg analyst Eric Balchunas recently reported that securities regulators are advising spot Bitcoin ETF applicants to handle funds in a specific way. This development indicates a potential shift in the regulatory approach and presents new challenges
Leading cryptocurrency exchange Coinbase is revolutionizing the world of on-chain payments with the introduction of its cutting-edge Onchain Payment Protocol. This open-source protocol is set to streamline and standardize on-chain payments, providing a solution to the common transactional challenges faced by merchants and customers alike. Coinbase’s Onchain Payment Protocol aims to create a unified experience
In the world of cryptocurrency, new tokens emerge regularly, presenting investors with opportunities for significant gains. Two such tokens making waves in the market are BABYGORK and Bitcoin ETF Token. However, as with any investment, it is crucial to carefully evaluate the risks and rewards before diving in. BABYGORK has recently experienced an astonishing surge
There is a growing concern among Ethereum (ETH) holders as some of them have started panic selling and diversifying their portfolios into layer-1 altcoins like Solana (SOL) or Cardano (ADA). This trend is primarily driven by the fear that Ethereum may not be able to outperform the market as it did in the last bull
GS Partners, a company operating in the Web3 domain, is currently facing a significant wave of regulatory scrutiny across multiple states in the United States. Accusations leveled against GS Partners include violations of securities laws, false claims, and omissions regarding the sale of unregistered tokenized assets to retail investors. The regulatory actions directly target various
With the possibility of U.S. spot Ethereum (ETH) ETFs becoming a reality, experts are questioning the extent to which their approval will influence the market compared to Bitcoin (BTC) equivalents. Bitwise, the world’s largest crypto index fund manager, believes that the impact will be less significant. In an interview with CryptoPotato, Juan Leon, an analyst
In recent days, the Bitcoin price has experienced a retracement and is now targeting the $40,000 mark. However, amid this price movement, crypto traders have turned their attention to a new stake-to-mine Bitcoin alternative called Bitcoin Minetrix. This alternative has gained significant attention, with its ICO raising over $4 million. As the leading cryptocurrency continues
South Korea’s National Pension Service (NPS) has made a strategic investment in the U.S.-based cryptocurrency exchange, Coinbase. This move marks a significant milestone for NPS as it is the first time the pension fund has added a digital assets company to its U.S. stock portfolio. According to a recent filing with the U.S. Securities and
The price of Solana (SOL) has witnessed a remarkable rally in recent days, surging over 50% and outperforming both Bitcoin and Ethereum. As SOL surpasses the $60 mark, investors are eagerly anticipating if the price will continue to rise, with $75 being the next significant level to watch. Solana’s upward movement began with a breakthrough
Solana (SOL) has experienced a surge in value, reaching new yearly highs with a gain of over 17%. This significant increase comes just one day after Cathie Wood, the CEO of ARK Invest, commended the Solana network for its efficiency and cost-effectiveness. In a recent interview with CNBC, Wood described Solana as a major infrastructure
The New York State Department of Financial Services (NYDFS) has recently implemented stricter guidelines for firms listing and delisting cryptocurrencies in order to better safeguard the interests of investors. These new measures, unveiled on November 15, require crypto companies to submit their coin listing and delisting policies for NYDFS approval. The purpose of these guidelines
OpenSea users are facing a relentless wave of phishing attacks that pose a significant threat to their personal information and digital assets. These attacks involve deceptive emails containing malicious links, targeting both developers and ordinary users of the OpenSea marketplace. While OpenSea maintains that their platform remains secure, the frequency and sophistication of these phishing
A group of American lawmakers recently voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets. In a letter dated November 15th, the lawmakers argued that the rules, as currently proposed, are “unworkable” and have the potential to stifle innovation and adversely affect the digital asset ecosystem. Expanding the Definition
The popular memecoin, Shiba Inu, has recently announced an exciting collaboration with legendary boxer Manny Pacquiao. This unexpected partnership has created a buzz within the cryptocurrency community and has sparked the interest of both Shiba Inu and Pacquiao fans alike. The announcement came alongside the release of the second edition of The Shib Magazine and
Blvck Paris and Paris Saint-Germain have come together to create a one-of-a-kind collection that seamlessly blends the worlds of sport, fashion, and digital technology. This collaboration is a testament to the shared ethos of innovation and audacity that both brands embody, showcasing the essence of their individual identities. The collection goes beyond physical fashion items
Altcoins have been making substantial gains in recent weeks, with Bitcoin leading the way. On November 15th, Bitcoin reached an intra-day high of $37,400. However, it is not just Bitcoin that is seeing positive price action. Altcoins like DYDX, Solana’s SOL, and Avalanche’s AVAX have all experienced double-digit gains and are chasing new year-to-date highs.
Blockchain security platform Immunefi has recently released a report on the causes of crypto losses in 2022. The report highlights the significant role of Web2 security issues, such as leaked private keys, in contributing to the loss of nearly half of all crypto from Web3 exploits. This article critically analyzes the findings of the report,
Binance, one of the world’s leading cryptocurrency exchanges, recently announced its plans to list 13 new tokens for spot trading and crypto-earning services in Japan. This strategic move, according to a statement shared with CryptoSlate on November 15, will increase Binance’s token offerings from 34 to 47, solidifying its position as the largest platform with
Commerzbank, a prominent German full-service bank, has made history by obtaining a cryptocurrency custody license from national regulators. This marks a significant milestone for Commerzbank as it becomes the first German bank to receive such approval. With the license in hand, Commerzbank can now expand its digital asset offerings and establish a secure platform for
Launchpad XYZ has attracted the attention of crypto venture capitalists who are captivated by its mission to democratize algorithmic trading through its AI solution, Apollo. With over $2 million raised in its presale, investors are eagerly buying into the platform’s vision. Launchpad XYZ aims to make crypto trading accessible to both newcomers and experienced traders
In a recent X (formerly Twitter) post, a dedicated XRP and crypto enthusiast named Krippenreiter unveiled the latest version of the XRP Ledger, showcasing core updates and exciting new functionalities. This upgraded ledger brings forth a range of improvements and enhancements designed to bolster the XRPL ecosystem. Let’s delve into the details of this new
Coinbase, in its monthly outlook report, has highlighted the potential impact of the approval of a spot Bitcoin exchange-traded fund (ETF) on the cryptocurrency market. According to the report, the introduction of these compliance-friendly financial products could extend access to crypto assets to a wider range of investor classes, such as registered investment advisers (RIAs),
Cryptocurrency enthusiasts have a new reason to be excited with the launch of $ETHETF Token. This innovative digital asset is set to capitalize on the potential approval of a spot Ethereum ETF by BlackRock, a renowned fund giant. With a strong debut on the Uniswap decentralized exchange, $ETHETF Token has already gained significant momentum, skyrocketing
Crypto.com, the popular cryptocurrency exchange, has achieved a significant milestone by securing a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA). This article explores the implications of this license and highlights the regulatory framework in Dubai that has made it a crypto-friendly jurisdiction. Under its entity CRO DAX Middle
The recent cyberattack on Coin Cloud, a defunct Bitcoin ATM company, has shed light on the alarming vulnerability of user data and raised serious concerns about the physical safety of affected individuals. An anonymous hacking group claims to have infiltrated the personal information of 300,000 Coin Cloud customers, exposing critical details such as social security
The memecoin market is no stranger to volatility and sudden price swings, but the recent downfall of Grok (GROK) has left investors stunned. The token, named after Elon Musk’s artificial intelligence project “Grok AI,” suffered a massive blow when ZachXBT, a well-known blockchain investigator, made a startling allegation on social media. In a November 13th
Ethereum (ETH), the second-largest cryptocurrency, has experienced an extraordinary surge in price over the last month. This surge has been fueled by a bullish market trend and an unexpected involvement from BlackRock, pushing ETH to reach its year-to-date high, surpassing the $2,000 mark, and peaking at $2,139. As indicated by market data provider Kaiko, Ethereum