The world of cryptocurrency is getting more and more popular. People have started using this form of money for various reasons. One of them is that it is not controlled by any central authority. The value of this currency fluctuates from time to time, making it a very volatile investment. However, there are some people […]
The Securities and Exchange Commission (SEC) has filed a suit against Chicago Crypto Capital (CCC) for allegedly defrauding investors of $1.5 million by issuing unregistered BXY tokens during the 2018 ICO boom. The lawsuit filed on Sept. 14 also named Chicago Crypto Capital (CCC)‘s owner, Brian Amoah, and two salesmen — Oliver Young and […]
Russian President Vladimir Putin signed a law on July 14 that bans the use of cryptocurrencies as a means of payment, local news media RBC reported. The ban applies to the use of digital financial assets (DFAs) and utilitarian digital rights (UDRs), which refers to tokens that offer the right to utility or services. […]
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler said that Bitcoin was the only cryptocurrency he was prepared to publicly label a commodity. Gensler made the comments on CNBC’s Squawk Box, where he discussed the implications of labeling particular […]
Bitcoin plunged below $19,000 on 18 June amid a huge sell-off across the crypto market. BTC, once known as a strong contender for the title of ‘digital safe haven asset’, has now crashed by more than 70% in the past 7 months. Take Advantage of the Biggest Financial Event in London. This year we […]
A report published by International Consulting Firm, Mckinsey & Company, suggested that the global spending in the metaverse could reach $5 trillion by 2030. The 77-page report titled “Value Creation in the Metaverse” analyzed the current adoption trend and drew additional insights from two global surveys. The first survey gathered data from 3,104 consumers across […]
The influence of social media and crypto has given rise to a new form of scamming and fraud known as cryptocurrency scams, which have increased in number and severity over the past few years. According to a recent report, nearly $1 billion was lost through cryptocurrency scams in 2021, with an estimated 9 in 10 […]
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The SEC has opened an investigation into Binance to determine whether its BNB token was a security offering when sold in 2017, Bloomberg News reported. Specifically, the watchdog is examining if BNB’s Initial Coin Offering (ICO) met the definition of […]
👋 Want to work with us? CryptoSlate is hiring for a handful of positions! The Central African Republic is stepping up its blockchain adoption with a new announcement from the president revealing that the country will tokenize access to its natural resources. President Faustin-Archange Touadéra posted the statement announcing these latest developments on his […]
👋 Want to work with us? CryptoSlate is hiring for a handful of positions!The new LUNA 2.0 chain went live today, May 28, at 6 am UTC, as millions of wallets received an airdrop of the new token. The genesis chain also began trading on ByBit at 8 am UTC. The price started at […]
The LUNA revival plan has finally been realized as the first block of the new LUNA blockchain is underway. LUNA now exists in two forms, LUNA Classic (LUNC) and LUNA 2.0 (LUNA). The TerraUSD stablecoin has not been migrated over to LUNA 2.0, meaning that LUNA’s only purpose now is on-chain governance. Over 70% of […]