Cryptocurrency

Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement

Ripple CEO Brad Garlinghouse said the U.S. SEC’s actions toward the crypto industry have failed in protecting investors and needs to reassess its regulatory strategy. Speaking to CNBC’s Dan Murphy at the Ripple Swell conference in Dubai, Garlinghouse expressed concern about the SEC’s focus and questioned: “Who are they protecting in this journey?” The CEO […]
The post Ripple CEO criticizes SEC for stifling crypto innovation with aggressive enforcement appeared first on CryptoSlate.
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Cryptocurrency
12 Nov 2023

FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse

FTX and Alameda bankruptcy advisers made allegations of fraud against crypto exchange Bybit, its two corporate affiliates, and four senior executives, in a lawsuit filed on Nov. 10. The lawsuit alleged that the defendants used a “fraudulent scheme” to withdraw cash and assets from the FTX platform, right before it collapsed. FTX is looking to […]
The post FTX lawsuit alleges Bybit used “VIP” privileges to withdraw $953M before collapse appeared first on CryptoSlate.
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Cryptocurrency
11 Nov 2023

Solana surges 18% to hit new yearly high above $63

Solana (SOL) surged another 18% to hit a new yearly all-time high of $63.98 on Nov. 11 to cap off an impressive 40% rally this week. The token has since retraced some of the gains and is trading at $59.34 as of press time, according to CryptoSlate data. The past seven days mark the best […]
The post Solana surges 18% to hit new yearly high above $63 appeared first on CryptoSlate.
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Cryptocurrency
11 Nov 2023

From the Ground Up: Developer Empowerment for a Sustainable Future

The following is a guest post from Sunny Lu, the CEO of Vechain. Web3 builders are the beating heart of the blockchain industry. Without them, this technology wouldn’t be the disruptive technical engine that it is in 2023. However, while there are more monthly active developers today than there were before 2021, we saw a […]
The post From the Ground Up: Developer Empowerment for a Sustainable Future appeared first on CryptoSlate.
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Cryptocurrency
11 Nov 2023

Coinbase rolls out on-chain credential verification using the Ethereum Attestation Service

Coinbase announced a feature on Nov. 9 that allows users to attest their account and country credentials on-chain and access additional benefits. Coinbase’s help pages indicate that issued verifications are meant to serve as a “trusted badge” that grants access to on-chain apps and benefits. Coinbase said that verification will initially provide users with a […]
The post Coinbase rolls out on-chain credential verification using the Ethereum Attestation Service appeared first on CryptoSlate.
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Cryptocurrency
10 Nov 2023

Microsoft briefly blocks ChatGPT for its employees, attributing error to systems test

Microsoft briefly prevented its employees from using ChatGPT and other artificial intelligence (AI) tools on Nov. 9, CNBC reported on the same day. CNBC claimed to have seen a screenshot indicating that the AI-powered chatbot, ChatGPT, was inaccessible on Microsoft’s corporate devices at the time. Microsoft also updated its internal site, stating that due to […]
The post Microsoft briefly blocks ChatGPT for its employees, attributing error to systems test appeared first on CryptoSlate.
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Cryptocurrency
10 Nov 2023

SafeMoon CEO John Karony’s bail postponed while courts assess level of flight risk

According to court documents dated Nov. 9, a judge has partially granted U.S. prosecutors’ request to counter the bail of John Karony, the CEO of crypto platform SafeMoon. A filing from New York prosecutors indicates that a Utah magistrate judge, Daphne A. Oberg, issued Karony’s release order on Nov. 8. Karony’s bail included a $500,000 […]
The post SafeMoon CEO John Karony’s bail postponed while courts assess level of flight risk appeared first on CryptoSlate.
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Cryptocurrency
10 Nov 2023