Liam Frost, Author at CryptoSlate

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Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

Tesla, a major electric car manufacturer led by Elon Musk, has reported a record operating income of $1.3 billion in the second quarter of 2021—which was “partially offset” by a “Bitcoin-related impairment of $23M.” “Operating income increased [year-over-year] mainly due to volume growth and cost reduction.

Liam Frost · 5 hours ago · 2 min read

Edge

Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May

Scott Minerd, chairman and chief investment officer of asset management giant Guggenheim Investments, said the crypto market’s ongoing slump is still far from over as Bitcoin could slide as low as $15,000.

Liam Frost · 5 days ago · 2 min read

Crypto bank BlockFi faces regulatory block in New Jersey

The New Jersey Bureau of Securities has filed a cease and desist order against cryptocurrency lending company BlockFi, prohibiting it from accepting new clients for the firm’s Interest Account service in the corresponding jurisdiction.

Liam Frost · 1 week ago · 2 min read

Binance ‘burns’ nearly $400 million worth of BNB

Major cryptocurrency exchange Binance has announced that it successfully completed the 16th quarterly token burn yesterday, removing $393.6 million worth of Binance Coin (BNB) from circulation.

Liam Frost · 1 week ago · 2 min read

DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

ThorChain, a decentralized finance (DeFi) token swap protocol based on the Cosmos blockchain, lost roughly $4.8 million worth of Ethereum (ETH) from its liquidity pools to a hacker attack today.

Liam Frost · 2 weeks ago · 2 min read

DeFi crowd mocks Harvard Law student group for voting $20 million out of Uniswap treasury

While a Harvard Law student-led initiative called the “Defi Education Fund” is facing blowback for receiving $20 million worth of Uniswap’s (UNI) tokens and dumping half of it over-the-counter, some witty DeFi enthusiasts are openly mocking the whole ordeal.

Liam Frost · 2 weeks ago · 3 min read

Bitcoin, Dogecoin, all coins fall amid sudden crypto market pullback

The crypto market took a turn for the worse today yet again as literally all top 100 cryptocurrencies—except stablecoins—have plunged into the red zone across the board.

Liam Frost · 2 weeks ago · 2 min read

Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit

Ripple Labs, the blockchain company behind the XRP token that is currently locked in a $1.3 billion legal battle with the United States Securities and Exchange Commission (SEC), has rescheduled the deposition of William Hinman, the SEC’s former director of Division of Corporation Finance, to July 19, according to court filing published last Friday.

Liam Frost · 2 weeks ago · 2 min read

No more Dogecoin or memecoin shilling on TikTok after ban on paid crypto promotions

Earlier this week, popular social media platform TikTok has quietly updated its “Branded Content Policy,” prohibiting influencers from participating in paid promotions of financial services and products, including Bitcoin and other cryptocurrencies.

Liam Frost · 2 weeks ago · 2 min read

Crypto community spends $1 million to revive Elon Musk-inspired token Floki Inu

Earlier this week, CryptoSlate reported that Floki Inu (FLOKI), a new dog-themed token inspired by Elon Musk, “pulled the rug” from under its users not once but twice in just a few days.

Liam Frost · 2 weeks ago · 4 min read

UK watchdog shifts Bitcoin ads regulation to ‘red alert’ priority

Britain’s marketing regulator Advertising Standards Authority (ASA) has announced that it plans to increase its efforts in curbing irresponsible or misleading cryptocurrency ads, Financial Times reported today.

Liam Frost · 3 weeks ago · 2 min read

33 face heat in Korea over alleged $1.48 billion in crypto transfers

Seoul’s Central Customs has prosecuted, fined, or is currently investigating 33 individuals who were allegedly involved in 1.69 trillion won ($1.48 billion) worth of illegal overseas cryptocurrency transactions in South Korea, The Korea Times reported today.

Liam Frost · 3 weeks ago · 2 min read

The crypto market doesn’t care about Dogecoin shill Elon Musk’s tweets anymore

It appears that Tesla and SpaceX CEO Elon Musk is gradually losing his influence over the cryptocurrency market, judging by the lack of any meaningful impact on prices his crypto-focused tweets are making lately.

Liam Frost · 3 weeks ago · 2 min read

Bitcoin ETFs are long overdue, says SEC Commissioner Hester Peirce

The Securities and Exchange Commission’s (SEC) unwillingness to approve a Bitcoin exchange-traded fund (ETF) in the United States is outdated and borders on double standards, according to the agency’s commissioner Hester Peirce, also known as “Crypto Mom.” “That is probably the biggest, the most-often-asked question that I get: When will the SEC approve a Bitcoin exchange-traded […]

Liam Frost · 3 weeks ago · 2 min read

Cardano (ADA) just got added to this major institutional fund

Grayscale Investments, the world’s largest crypto asset manager, announced yesterday that it has added Cardano (ADA) to the company’s Digital Large Cap Fund.

Liam Frost · 3 weeks ago · 2 min read

FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

FaZe Clan, a Los Angeles-based professional electronic sports (esports) organization, today announced that it has fired its member FaZe Kay as well as suspended three more players—Jarvis, Nikan, and Teeqo—who were involved in promoting cryptocurrency token Save the Kids (KIDS).

Liam Frost · 4 weeks ago · 2 min read

No audits, no tokens, and no ‘rugpulls.’ Yearn’s Andre Cronje launches new DeFi project

Andre Cronje, creator of wildly popular decentralized finance (DeFi) yield farming protocol Yearn.Finance (YFI), today announced his new project—a blockchain-based foreign exchange (forex) platform.

Liam Frost · 4 weeks ago · 2 min read

Ethereum wallets activity surpasses Bitcoin for the first time ever: Report

The overall activity of addresses (or wallets) on the Ethereum (ETH) blockchain has exceeded that of Bitcoin’s on Monday—for the first time in the history of digital assets, according to crypto metrics firm Santiment.

Liam Frost · 4 weeks ago · 2 min read

U.K. rules in favor of Craig Wright in Bitcoin.org whitepaper case

Bitcoin.org, “an informational site dedicated to help educate and facilitate the understanding of Bitcoin,” has lost the right to grant access to Bitcoin’s whitepaper document in the United Kingdom, according to the latest order by London’s High Court.

Liam Frost · 4 weeks ago · 2 min read

SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon

The price of SafeDollar (SDO), an algorithmic decentralized finance (DeFi) stablecoin based on the Polygon (MATIC) blockchain, has plummeted to literally zero as a result of what appears to be an exploit today.

Liam Frost · 4 weeks ago · 2 min read

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Tether

Theta

THORChain

Binance Coin

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Latest News from Liam Frost

Tesla reports Bitcoin-related ‘impairment’ of $23 million after BTC tumbled 40% in 2021

Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May

Crypto bank BlockFi faces regulatory block in New Jersey

Binance ‘burns’ nearly $400 million worth of BNB

DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

DeFi crowd mocks Harvard Law student group for voting $20 million out of Uniswap treasury

Bitcoin, Dogecoin, all coins fall amid sudden crypto market pullback

Ripple insists on deposing former high-ranking SEC official as part of XRP lawsuit

No more Dogecoin or memecoin shilling on TikTok after ban on paid crypto promotions

Crypto community spends $1 million to revive Elon Musk-inspired token Floki Inu

UK watchdog shifts Bitcoin ads regulation to ‘red alert’ priority

33 face heat in Korea over alleged $1.48 billion in crypto transfers

The crypto market doesn’t care about Dogecoin shill Elon Musk’s tweets anymore

Bitcoin ETFs are long overdue, says SEC Commissioner Hester Peirce

Cardano (ADA) just got added to this major institutional fund

FaZe Clan fires one, suspends 3 players embroiled in alleged ‘Save the Kids’ crypto scam

No audits, no tokens, and no ‘rugpulls.’ Yearn’s Andre Cronje launches new DeFi project

Ethereum wallets activity surpasses Bitcoin for the first time ever: Report

U.K. rules in favor of Craig Wright in Bitcoin.org whitepaper case

SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon

Liam Frost

Binance ‘burns’ nearly $400 million worth of BNB

DeFi darling ThorChain (RUNE) suffers multi-million dollar exploit

Bitcoin could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May

SafeDollar ‘stablecoin’ drops to $0 following $248,000 DeFi exploit on Polygon

Binance lists ‘Dogecoin killer’ Shiba Inu (SHIB) and its perpetual futures

Ex-Ripple exec Jed McCaleb dumped over $310 million in XRP this month