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Crypto News

Fast coverage of the stories moving crypto markets.

CryptoSlate Wrapped Daily: Saylor claps back at tax fraud allegations; USDT and USDC at war for market dominance

Michael Saylor respectfully disagreed with tax evasion allegations, USDC worth $1 billion left Binance this week and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

NFTs

Hackers’ plan to sell stolen passport of Belarusian leader as NFT on OpenSea fails

Hacktivist group Belarusian Cyber Partisans listed NFTs of Belarusian President Lukashenko passport information for sale on OpenSea only for the collection to be promptly delisted.

4 years ago

Analysis USDT 0.00%

Stablecoin wars heat up as USDC and USDT battle for market share

Today, the stablecoin market is worth a combined $153 billion, with the two most prominent players still $USDT and $USDC.

4 years ago

Bankruptcy

Celsius wants to return $210 million worth of custody assets

The firm has filed a petition to allow eligible customers to withdraw assets from its custody program and Withhold accounts.

4 years ago

Macro

Research: The Fed will huff and puff and blow your house down as it begins quantitative tightening

Institutions are worried about the effects QT will have on the financial market. You should be more worried about the effects it will have on housing.

4 years ago

Stablecoins USDC 0.00%

Binance USDC withdrawals top $1 billion per day this week

Further analysis reveals stablecoin exchange withdrawals is a current industry-wide pattern.

4 years ago

Analysis ETH -0.51%

Ethereum POW token may trade for $18, Paradigm predicts

Paradigm's price prediction is based on the differences between spot ether and futures prices.

4 years ago

Layer-2 BNB -1.09%

Binance, Crypto.com to support for BNB beacon chain upgrade

The upgrade is designed to remove DEX features from the Beacon Chain, and focus on improving security and features.

4 years ago

Exchanges

US prosecutors probing Binance over AML compliance since December 2020 – Reuters

The regulator's requested information on Binance's management, structure, finances, anti-money laundering and sanctions compliance.

4 years ago

Legal

Creditors file fresh suit against Celsius seeking $22.5M reimbursement

The creditors are basing their claim on the fact that their funds were held in Celsius' custodial account and not the Earn program.

4 years ago

Taxes

Saylor respectfully disagrees with DC AG allegations of tax avoidance

MicroStrategy Chair Michael Saylor claims to be a resident of Florida, meaning he has no tax liability to the District of Colombia.

4 years ago

Merge

OpenSea to exclusively support Ethereum PoS NFTs following Merge

OpenSea commits to sole support for NFTs based on the PoS version of the Ethereum blockchain following the Merge.

4 years ago

Regulation

FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ

The FASB rules will cover digital assets that are intangible, fungible, and don't carry any contractual rights to cash flow or ownership of goods and services.

4 years ago

DeFi

Babylon Finance to shut down Nov. 15 after failing to recover from Rari/FEI hack

The Rari/FEI exploit caused Babylon Finance investment gardens to lose $3.4 million, whch led to users losing confidence and withdrawing 75% of its TVL.

4 years ago

Adoption

Crypto startup wins cybersquatting dispute against Deloitte

Deloitte argued that crypto startup DKYC's domain name directly contradicts its own "knowyourclient" service by promoting anonymous crypto transactions.

4 years ago

Crypto

CryptoSlate Wrapped Daily: Bitcoin maximalist Saylor getting sued for tax fraud, volatility expected ahead of Ethereum’s Merge

Michael Saylor getting sued for tax fraud in Washington, Bitcoin mining difficulty rising and much more in this edition of CryptoSlate Wrapped Daily.

4 years ago

Research XMR +1.08%

Crypto mining malware impersonates Google translate desktop, other legitimate apps

Cyber threat intelligence firm, Check Point Research identified Nitrokod as a crypto miner malware that has infected thousands of PCs across 11 countries.

4 years ago