Roman Sterlingov, the man behind the crypto mixer Bitcoin Fog, is contesting a potential 30-year prison sentence following his conviction on several money laundering charges. In a 37-page sentencing memorandum submitted to the US District Court for the District of Columbia, Sterlingov’s defense team contends that the recommended sentences of 30 and 20 years by […]
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Franklin Templeton has filed an S-1 application with the US Securities and Exchange Commission (SEC) to launch a crypto index exchange-traded fund (ETF). According to the Aug. 16 filing, the proposed fund — dubbed “Franklin Crypto Index ETF” — aims to offer investors exposure to the performance of Bitcoin and Ethereum through a regulated financial […]
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Onchain Highlights DEFINITION: Implied Volatility is the market’s expectation of volatility. Given the price of an option, we can solve for the expected volatility of the underlying asset. Formally, implied volatility (IV) is the one standard deviation range of the expected movement of an asset’s price over the course of a year. Viewing At-The-Money (ATM) […]
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Onchain Highlights DEFINITION: The total amount of coins transferred from miners to exchange wallets. Bitcoin miners have reduced their transfer activity to exchanges significantly in 2024, as illustrated by the decline in the orange line on the chart. This trend continues a broader pattern observed over the past decade. Historically, periods of high miner-to-exchange transfers […]
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The Dubai Court of First Instance has affirmed the legality of crypto payments for salaries under employment contracts in a landmark ruling on Aug. 15. The ruling, issued in case number 1739 of 2024 (Labour), marks a significant shift in the UAE’s judicial approach to digital currencies, reflecting the growing acceptance of crypto in the […]
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Tether CEO Paolo Ardoino predicted that brain-computer interfaces (BCIs) could become mainstream consumer products within the next 20 years. Ardoino’s remarks followed a breakthrough by Blackrock Neurotech, a portfolio company of Tether. The firm successfully restored speech in a patient who had nearly lost the ability to communicate via its brain implant BCI On Aug. […]
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Former President Donald Trump’s campaign has appointed chairs for the presidential transition team, which is drawing attention for its strong pro-crypto stance. According to an Aug. 16 announcement, Cantor Fitzgerald CEO Howard Lutnick, a well-known Bitcoin advocate, and Linda McMahon, WWE co-founder and a prominent entrepreneur who has criticized central bank digital currencies (CBDCs), will […]
The post Trump’s transition team signals strong pro-Bitcoin direction, contrasting Harris’ regulatory approach appeared first on CryptoSlate.

MakerDAO, the decentralized autonomous organization behind the DeFi protocol Maker, has approved a proposal to halt new borrowing against BitGo’s wrapped Bitcoin (WBTC). On Aug. 15, MakerDAO revealed that it was reducing the debt ceiling for all WBTC vaults to zero. This move effectively prevents any new borrowing from these vaults and lowers WBTC’s loan-to-value […]
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