Cryptoslate

Investigators find no fraud in Cardano’s decade-old voucher initiative in forensic report

An independent investigation commissioned by Input Output found no evidence to support accusations of fraud or misconduct in Cardano’s decade-old ADA Voucher Program, according to a forensic report released on. The review, conducted jointly by law firm McDermott Will & Emery and accounting firm BDO, examined public claims that insiders misused ADA, manipulated blockchain upgrades […]
The post Investigators find no fraud in Cardano’s decade-old voucher initiative in forensic report appeared first on CryptoSlate.
Cryptocurrency

SWIFT CIO questions Ripple and XRP’s readiness for global banking standards

SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet the standards global banks demand for cross-border settlement. His remarks, posted on LinkedIn, sparked renewed debate within the XRP community, which has long positioned Ripple as a challenger to SWIFT’s dominance. Zschach said some observers view […]
The post SWIFT CIO questions Ripple and XRP’s readiness for global banking standards appeared first on CryptoSlate.
Cryptocurrency

European Central Bank touts digital euro as key to payment security and inclusivity

The European Central Bank said that its proposed digital euro would strengthen Europe’s defenses against cyber and infrastructure disruptions while ensuring broad access to digital payments. Piero Cipollone, a member of the ECB’s Executive Board, told the European Parliament’s Economic and Monetary Affairs Committee that resilience and inclusiveness must be central features as the bloc […]
The post European Central Bank touts digital euro as key to payment security and inclusivity appeared first on CryptoSlate.
Cryptocurrency

Bloomberg analyst says altcoin ETF approvals unlikely to trigger a traditional alt season

Bloomberg ETF analyst James Seyffart argues the current market represents an altcoin season through digital asset treasury companies rather than traditional token price rallies, with upcoming ETF approvals unlikely to replicate Bitcoin’s institutional success. During a Sept. 4 interview with Milk Road, Seyffart said digital asset treasury companies (DATCO) have generated massive returns while individual […]
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Cryptocurrency

World Liberty Financial blocklists Justin Sun’s address holding 595 million WLFI

World Liberty Financial (WLFI) blocklisted a wallet address belonging to Justin Sun, preventing the Tron founder from selling his 595.109 million WLFI tokens worth nearly $104 million. The blocklisting affects both unlocked and locked tokens in Sun’s wallet, according to on-chain data. The wallet address is: “0x5AB26169051d0D96217949ADb91E86e51a5FDA74” Sun invested $75 million total in WLFI, making […]
The post World Liberty Financial blocklists Justin Sun’s address holding 595 million WLFI appeared first on CryptoSlate.
Cryptocurrency

Businesses embrace Bitcoin amid 2025 bull market surge – River

Businesses have become a driving force in Bitcoin’s 2025 bull market, with corporate holdings now accounting for more than 6% of its total supply, according to a new report from River Financial. The report found that in the first eight months of 2025 alone, business inflows into Bitcoin surpassed last year’s total by $12.5 billion, […]
The post Businesses embrace Bitcoin amid 2025 bull market surge – River appeared first on CryptoSlate.
Cryptocurrency

Stripe and Paradigm reveal Tempo layer-1 blockchain for stablecoin payments infrastructure

Stripe and Paradigm unveiled Tempo, a layer-1 blockchain designed for stablecoin payments. A Sept. 4 announcement from Paradigm founder Matt Huang validates speculation that began when Stripe posted and quickly deleted blockchain engineering job listings in August. Private testnet phase Tempo operates in a private testnet with select partners testing cross-border payouts, B2B payments, and […]
The post Stripe and Paradigm reveal Tempo layer-1 blockchain for stablecoin payments infrastructure appeared first on CryptoSlate.
Cryptocurrency

NEAR and TRON Enable Seamless Cross-Chain Stablecoin Transfers with NEAR Intents Integration

Geneva, Switzerland, September 4, 2025  – TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet through blockchain technology and decentralized applications (dApps), today announced a strategic collaboration with NEAR to integrate NEAR Intents on the TRON blockchain. The integration enables seamless swaps through a frictionless, intent-based experience for users and ecosystem […]
The post NEAR and TRON Enable Seamless Cross-Chain Stablecoin Transfers with NEAR Intents Integration appeared first on CryptoSlate.
Cryptocurrency

New economic data rejects Trump’s 350bps rate cut dream as Bitcoin falls while stocks climb

US services inflation stayed elevated in August, complicating expectations for the Federal Reserve as markets look for a September policy adjustment. The likelihood of a small 25bps cut is now increasing, which is likely to anger President Donald Trump, who has advocated for a mammoth 350bps cut. The ISM Services Prices Index registered 69.2, only slightly […]
The post New economic data rejects Trump’s 350bps rate cut dream as Bitcoin falls while stocks climb appeared first on CryptoSlate.
Cryptocurrency

SEC finally pivots from courtroom battles to rulemaking, offering predictability the market lacked

The Securities and Exchange Commission has set a rulemaking agenda that shifts U.S. crypto oversight toward formal rules, outlining proposals on the offer and sale of digital assets, broker-dealer treatment, and the potential for crypto trading on national exchanges and alternative trading systems. The agenda also includes plans to streamline disclosures and reduce compliance burdens […]
The post SEC finally pivots from courtroom battles to rulemaking, offering predictability the market lacked appeared first on CryptoSlate.
Cryptocurrency

Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin

Treasury Secretary Scott Bessent confirmed the government may still expand its Bitcoin (BTC) holdings on Aug. 14, backtracking remarks made a few hours earlier. Bessent had told reporters during a television interview in the morning that the Strategic Bitcoin Reserve would remain at its current level. He said the reserve would consist of approximately $15 […]
The post Bessent backtracks, says Treasury committed to ‘exploring budget-neutral pathways’ to add Bitcoin appeared first on CryptoSlate.
Cryptocurrency

Hong Kong regulators warn against hype-driven stablecoin market swings

Hong Kong’s financial regulators cautioned investors to avoid making impulsive bets on stablecoin-linked assets after a spate of sharp price swings tied to speculation, corporate announcements, and unverified claims about licensing plans in the city. In a joint statement, the Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) said they had […]
The post Hong Kong regulators warn against hype-driven stablecoin market swings appeared first on CryptoSlate.
Cryptocurrency

OFAC targets Kyrgyzstan-based firms, stablecoins over Russian sanctions violations

The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple companies and individuals accused of using stablecoins to help Russia skirt international sanctions tied to its war in Ukraine on Aug. 14. The designations target both Russian-linked businesses and foreign intermediaries alleged to have facilitated large-scale cross-border transactions for sanctioned entities. The move highlights OFAC’s […]
The post OFAC targets Kyrgyzstan-based firms, stablecoins over Russian sanctions violations appeared first on CryptoSlate.
Cryptocurrency

Google backs Bitcoin miner TeraWulf’s $1.8B AI project

TeraWulf, a prominent Bitcoin miner, has secured a strategic partnership with Google as part of its high-performance computing (HPC) co-location agreements with Fluidstack. According to an Aug. 14 statement, the search engine giant will backstop $1.8 billion of Fluidstack’s lease obligations, providing critical support for project-related debt financing. The arrangement grants Google a warrant to […]
The post Google backs Bitcoin miner TeraWulf’s $1.8B AI project appeared first on CryptoSlate.
Cryptocurrency

Bloomberg faces lawsuit for disclosing Justin Sun’s TRON token holdings

Tron founder Justin Sun has filed a lawsuit against Bloomberg, accusing the media outlet of unlawfully disclosing his private financial information in its Billionaires Index profile. In an Aug. 11 court filing, the crypto billionaire alleged that Bloomberg intended to “recklessly and improperly” publish highly confidential and proprietary details about his crypto holdings. He argued […]
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Cryptocurrency

Ethereum staking faces $3.28 billion exit queue as delays hit longest wait in months

Ethereum’s staking network is under sustained withdrawal pressure, with the validator exit queue experiencing its longest wait time over the past month. Data from the Validator Queue shows that, as of Aug. 14, stakers face an average of 12 days before they can fully withdraw their funds, a sharp departure from the typical sub-day turnaround. […]
The post Ethereum staking faces $3.28 billion exit queue as delays hit longest wait in months appeared first on CryptoSlate.
Cryptocurrency

BtcTurk hack sees $48 million in crypto vanish from hot wallets

Turkish crypto exchange BtcTurk has been targeted by a major cyberattack, which resulted in the theft of roughly $48 million in digital assets. On Aug. 14, blockchain security firm Cyvers reported that the stolen funds were moved across multiple networks, including Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon. Most of the assets were transferred […]
The post BtcTurk hack sees $48 million in crypto vanish from hot wallets appeared first on CryptoSlate.
Cryptocurrency

Bitcoin’s 5% flash crash to $118k triggers $577 million liquidation in 1 hour

Bitcoin’s price experienced a sharp pullback on Aug. 14, dropping below $120,000 less than a day after reaching a new all-time high above $124,000. According to CryptoSlate data, BTC fell to $118,479 at press time, marking a 2.07% decline on the 1-hour candle and 5% from its 24-hour peak. The sudden dip rippled across the […]
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Cryptocurrency

Strategy and El Salvador saw massive gains as Bitcoin hit new peak

Strategy (formerly MicroStrategy) and El Salvador showcased huge paper gains from their Bitcoin holdings after the flagship crypto surged to a new all-time high above $124,000. Strategy’s Bitcoin holdings reach ATH On Aug. 13, Strategy Chairman Michael Saylor announced that the company’s Bitcoin portfolio had reached a record high of $77.2 billion. This nearly doubles […]
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Cryptocurrency

Bitcoin ETFs to lock up 1.5 million BTC by New Year as supply squeeze tightens grip

Bitcoin spot exchange-traded funds are on pace to hold more than 1.5 million BTC by year-end if current inflow rates persist, according to holdings data tracked by WalletPilot. This would allocate more BTC to ETFs than most estimates for lost coins, which stand around 1.4 million BTC. U.S. spot ETFs collectively hold about 1.296 million […]
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Cryptocurrency

Analysts believe spot Litecoin ETF likely to be the first altcoin approval as Nasdaq files listing application

Nasdaq filed a 19b-4 Form on Jan.16 to list and trade the spot Litecoin (LTC) exchange-traded fund (ETF) registered by Canary Capital. Bloomberg senior ETF analyst Eric Balchunas sees this as the first altcoin-related ETF approval in 2025. Following an update in the S-1 Form filed by Canary, Balchunas stated that its Litecoin ETF “has […]
The post Analysts believe spot Litecoin ETF likely to be the first altcoin approval as Nasdaq files listing application appeared first on CryptoSlate.
Cryptocurrency

Tether partners with LayerZero to launch cross-chain stablecoin USDT0

Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers. According to USDT0 documentation, OFT unifies liquidity across connected chains and validates transactions through a decentralized network of oracles […]
The post Tether partners with LayerZero to launch cross-chain stablecoin USDT0 appeared first on CryptoSlate.
Cryptocurrency

Telegram malware scams spike 2,000% as crypto investors face new threat

Blockchain security firm Scam Sniffer warned that crypto investors are facing a surge in malware scams on social media platform Telegram compared to the traditional phishing methods. While phishing still causes substantial losses—estimated at nearly half a billion dollars in 2024—its growth has plateaued. In contrast, Scam Sniffers reported that Telegram malware scams represent a […]
The post Telegram malware scams spike 2,000% as crypto investors face new threat appeared first on CryptoSlate.
Cryptocurrency

VanEck eyes new crypto ETF for onchain economy infrastructure

Leading asset management firm VanEck has submitted an application for an Onchain Economy Exchange-Traded Fund (ETF), according to a Jan. 15 filing with the US Securities and Exchange Commission (SEC). This proposed fund aims to provide exposure to the broader crypto ecosystem by investing in companies and instruments connected to digital assets. The fund outlines a strategy that […]
The post VanEck eyes new crypto ETF for onchain economy infrastructure appeared first on CryptoSlate.
Cryptocurrency

Trump reportedly talking to Ripple with interest in XRP, USDC, Solana for US national reserve

President-elect Donald Trump is reportedly exploring the inclusion of US-developed digital currencies like Ripple’s XRP and Solana in his proposed national crypto reserve, the New York Post reported on Jan. 16, citing insider sources. This move aligns with his campaign pledge to establish a Bitcoin reserve alongside other potential crypto-focused policies to strengthen the US […]
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Cryptocurrency

Unknown nation considering Bitcoin as an alternative to traditional bonds, Bitwise CEO reveals

A national government is reportedly exploring Bitcoin as an alternative to its foreign currency bonds. On Jan. 16, Hunter Horsley, the CEO of Bitwise, revealed this development, noting that his firm had supplied detailed information to the government about Bitcoin exchange-traded funds (ETFs). According to Horsley, the government is examining the potential of reallocating part […]
The post Unknown nation considering Bitcoin as an alternative to traditional bonds, Bitwise CEO reveals appeared first on CryptoSlate.
Cryptocurrency

Litecoin ETF bid gains traction, lifting prices and trading volume

The potential for a Litecoin exchange-traded fund (ETF) to gain approval has surged, leading to noticeable price gains for the digital asset. Crypto bettors on Polymarket, a decentralized prediction platform, now estimate a 51% chance of the US Securities and Exchange Commission (SEC) giving the green light for a Litecoin-focused fund after Canary Capital amended its […]
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Cryptocurrency

Fidelity’s FBTC leads $755M Bitcoin ETF resurgence after $1.2B outflows

Spot Bitcoin exchange-traded funds (ETFs) in the United States saw a strong resurgence after enduring four consecutive days of outflows that had drained over $1.2 billion from the market. On Jan. 15, SoSoValue data revealed that these funds recorded $755.01 million in net inflows, adding approximately 7,548 BTC to their coffers. Fidelity’s FBTC emerged as […]
The post Fidelity’s FBTC leads $755M Bitcoin ETF resurgence after $1.2B outflows appeared first on CryptoSlate.
Cryptocurrency

XRP futures open interest nears record $8 billion as price breaks $3

Ripple-linked XRP has crossed the $3 mark for the first time in seven years, driven by unprecedented interest in the derivatives market. Data from CryptoSlate shows that the digital asset spiked by 10% in the last 24 hours to as high as $3.19 at the time of writing. The recent price surge reflects a broader […]
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Cryptocurrency

Ripple CEO calls SEC’s appeal ‘insanity’ as legal fight intensifies

The United States Securities and Exchange Commission (SEC) has submitted its opening brief to challenge a court decision favoring Ripple. In its Jan. 15 filing, the SEC claims that Ripple’s XRP sales to retail buyers should be classified as unregistered securities transactions. According to the SEC: “The district court erred both factually and legally in […]
The post Ripple CEO calls SEC’s appeal ‘insanity’ as legal fight intensifies appeared first on CryptoSlate.
Cryptocurrency