Exchanges
Bahamas Security Commission told SBF to surrender $300 million
FTX says former CEO Sam Bankman-Fried had no right to transfer the funds.
Mike Dalton 2 min read
Featured News
Explore featured CryptoSlate stories, major headlines, and standout reporting from across the crypto, Bitcoin, and Web3 landscape.
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Mining
Bitcoin hash rate falls 13% in one day, mining difficulty estimated to drop 10%
Bitcoin's hash rate fell 13% on Dec. 27 to 202.17 EH/s but has since recovered to 234 EH/s.
Bear Market
Midas reveals $60M deficit, announces closure of operations
Midas will rebalance its users' accounts by deducting 55% from it and their rewards earned. The move would allow users to withdraw 45% of their assets.
Latest Featured News & Analysis
Featured
“Running Bitcoin” half marathon will commemorate Hal Finney
Finney's widow, Fran Finney, announced the charity event on Twitter today.
Analysis
Bitcoin, gold rise 3% following FTX’s crash while Ethereum, USD, others crash
Despite the fear and uncertainty in the market, Bitcoin's price has been positive over the period in contrast to Ethereum.
Exchanges
FTX attempts to maintain ownership of Robinhood shares in court
FTX and Alameda want to freeze those shares as three others try to lay claim.
Featured
SBF granted highest ever pre-trial bail of $250M, released to parents’ home in Palo Alto
SBF stood before a magistrate in SDNY where he was granted bail and put under house arrest to undergo treatment for substance abuse
Legal
Alameda CEO Caroline Ellison takes plea deal, faces no criminal charges
A recently unsealed plea agreement shows that Caroline Ellison, the CEO of Alameda Research, pleaded guilty to seven fraud charges. In return for cooperating with authorities, Ellison faces a $250,000 fine and forfeiture of any assets she obtained from FTX money.
Web3
New $60M web3 fund from Axelar offers close support from Circle, Polygon & exposure to top investors
Axelar announces $60M funding program to support web3 innovation and close collaboration with partners like Circle and Polygon during bear market
