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Crypto News

Fast coverage of the stories moving crypto markets.

Indian central bank on track to launch retail CBDC pilot next month

The retail e-rupee, which will be interoperable with existing payment methods, will be hosted by the National Payments Corporation of India.

4 years ago

Crypto BTC -1.25%

CryptoSlate Wrapped Daily: Eyes turn to Grayscale Bitcoin Trust after FTX collapse; Cardano to launch fiat-backed stablecoin in 2023

Non-custodial wallet SafePal spikes by 125%, CertiK sheds light on KYC actors, and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Wallets SFP -1.72%

Binance-linked non-custodial wallet tokens see massive growth over the past week

Binance-backed SafePal's SFP token jumped 125.96% while Trust Wallet, which is owned by the exchange, saw its token price increase by 92.39%.

4 years ago

Bankruptcy FTT -1.68%

Canada’s largest pension fund writes off $95M FTX investment

Ontario Teachers said its FTX investmetnt represented less than 0.05% of its total net assets

4 years ago

Adoption

Bitcoin owes its success in Nigeria to the unstoppable youth, says Paxful CEO

Paxful CEO Ray Youssef shares his views on helping those who need it by fixing the broken money system.

4 years ago

Crime

CertiK investigates KYC actors hired to scam the web3 community

Blockchain and DeFi-focused security firm Certik discovered a global network of professional KYC actors who bypass KYC processes to spoof crypto communities before an insider hack or exit scam.

4 years ago

Crypto

CryptoSlate Daily wMarket Update – Nov. 17: Solana prints losses in mute market performance

The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

4 years ago

Analysis

Community fears FTX implosion might affect Grayscale

Grayscale holds over 635,000 BTC worth over $10 billion and 3.1 million Ethereum, valued at $3.7 billion.

4 years ago

Bankruptcy

Bahamas watchdog ordered FTX to send digital assets to its wallet

The regulator said the move was aimed at “safekeeping” the assets and “was necessary to protect the interests of clients and creditors” of the bankrupt exchange.

4 years ago

Bankruptcy

New FTX CEO John Ray’s statement on bankruptcy case tells tale of an unmitigated disaster

A bankruptcy statement by new FTX CEO John Ray said he has never in his career seen "such a complete failure" of corporate controls.

4 years ago

Crypto

CryptoSlate Wrapped Daily: Oldest Bitcoin holders start selling; FTX court filing reveals SBF’s $1B loans from Alameda

Bitcoin and Ethereum emerge as the second and third most shorted crypto, Genesis asked for a $1 billion loan but got rejected, and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Tokenization UBXT -7.13%

Upbots issues recovery plan in light of FTX, Alameda exposure

Upbots had stored part of its liquidity on FTX and tokens on Alameda; it announced plans to mitigate exposure to the companies' collapse.

4 years ago

Bear Market

Genesis sought $1B emergency loan but never got it

A confidential document uncovered by the WSJ depicts Genesis' request for $1 billion loan to recoup liquidity as a result of FTX fallout.

4 years ago

Research ETH -2.72%

Research: 78% of all staked ETH is across 4 centralized providers; 74% of all blocks are OFAC compliant

On-chain data reveals that approximately 8-9 million ETH is currently staked across four centralized providers.

4 years ago

Bankruptcy

FTX bankruptcy court filing reveals Alameda gave $1.6B in loans to SBF, others

The new FTX CEO Ray III described the situation as a "complete failure of corporate controls and such a complete absence of trustworthy financial information."

4 years ago