House Republicans tell SEC to refrain from expanding defintion of exchange
Republicans on the House Financial Services Committee told the SEC on June 12 to rescind proposed rulemaking concerning crypto exchanges.
Republicans oppose broadened exchange definition
Specifically,...
Crypto community lambasts dydx’s new facial verification requirement
Decentralized exchange dYdX (DYDX) has discontinued its new $25 deposit promo citing “overwhelming demand,” and denied claims that the DEX now required users’ verification.Due...
Is the UK heading towards a sovereign debt crisis?
Quick Take
The United Kingdom is currently facing a challenging financial environment as its household and government debt levels rise alarmingly. Household debt has skyrocketed,...
Litecoin Network launches ‘OmniLite’ to facilitate token and NFT creation
$62 Million Litecoin Transaction Sent for Fifty Cents: The Potential of Crypto TransactionsOn November 9, the Litecoin (LTC) news site litecoin dot com reported one...
Coinbase downgraded by analysts amidst regulatory wrangles
Piper Sandler analyst Patrick Moley has downgraded Coinbase due to its ongoing legal tussle with the Securities and Exchange Commission (SEC) and the continuing...
Singapore pledges $112M to foster fintech and web3 innovation
What is CryptoSlate Alpha?A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›Connected to AlphaWelcome! 👋 You are connected...
Reacceleration in core inflation for Europe
Quick Take
The latest data on European economic indicators were released this morning, June 30, corroborating a pattern that CryptoSlate has been discussing over the...
Rising stock of regulated crypto companies as OANDA acquires Coinpass
Trading platform OANDA has announced the acquisition of a majority stake in Coinpass Limited, a United Kingdom-based crypto asset firm registered with the Financial...
Crypto is likely to integrate with the future financial system
Hong Kong Monetary Authority’s (HKMA) CEO Eddie Yue recently said that cryptocurrencies are likely to play a central role in the financial systems in...
Over $360M Bitcoin leave FTX in 2 days, marking 10th largest withdrawal in 2022
FTX recorded a withdrawal of over $360 million worth of Bitcoin(BTC) in two days, with the majority of sell pressure coming from whales. This is...