Binance CEO Changpeng Zhao has reportedly pled guilty to violating U.S. anti-money laundering requirements and will step down from his role at the exchange, according to the Wall Street Journal. Reports are surfacing that Binance will also plead guilty to money laundering violations, and CZ will appear in Seattle court today. As of press time […]
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With OpenAI in turmoil, rival Anthropic has released its latest model, Claude 2.1, which it says sets a new benchmark in artificial intelligence, particularly in its application within enterprise environments. As of Nov. 21, Claude 2.1 is already live, powering claude.ai’s chat experience, and is accessible via API. The company states that the update is […]
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Quick Take Tulip Mania Historically, financial bubbles, once burst, have shown little propensity for recovery. The infamous Tulip Mania of the 17th century exemplifies this trend, with tulip prices soaring twenty times before crashing a staggering 99% in 1637, as reported by Investopedia. Japanese Real Estate Market The Japanese real estate market provides another poignant […]
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Avalanche has seen a significant increase in its market value this year. The token has grown substantially with impressive monthly, year-to-date (YTD), and yearly gains. AVAX’s price has surged by over 103% in the last 30 days alone, with a notable 77% increase over the past year. This price growth was accompanied by an even […]
The post Transactions on Avalanche surge by 3,040% in November appeared first on CryptoSlate.

Several American lawmakers voiced their concerns to the U.S. Treasury regarding a proposed taxation scheme for digital assets in a Nov. 15 letter, citing its potential to stifle innovation and adversely affect the digital asset ecosystem. The letter specifically concerns taxation rules advanced by the Treasury on Aug. 25. In today’s letter, lawmakers called the […]
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Microsoft has unveiled a new chip that is intended for use in artificial intelligence (AI) applications in a news post published on Nov. 15. The company said that it unveiled the chip, named the Azure Maia 100 AI Accelerator, at its Microsoft Ignite conference on the same day. It said that the Maia 100 chip […]
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Several U.S. lawmakers have approached the Biden administration, requesting an investigation into the alleged use of cryptocurrency by terrorist groups. This request came in the form of a letter dated Nov. 15. The letter refers to earlier reports alleging that crypto wallets linked to Hamas and the Palestinian Islamic Jihad have received upwards of $41 […]
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The U.S. House Subcommittee on Digital Assets, Financial Technology, and Inclusion heard testimony today from a panel of experts in a hearing titled “Crypto Crime in Context: Breaking Down Illicit Activity in Digital Assets. The hearing aims to examine the nature and extent of criminal activities within the digital asset ecosystem, with testimonies from experts […]
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The court has finalized the dismissal of a class action lawsuit filed against Bitfinex and Tether after the plaintiffs in the case — Matthew Anderson and Shawn Dolifka — elected not to appeal the dismissal ruling, according to a Nov. 15 press release. Tether and Bitfinex issued a statement on the matter, saying the plaintiff’s […]
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The IMF believes that central bank digital currencies (CBDCs) have the potential to eventually supplant cash in the monetary system of the world, according to the watchdog’s managing director Kristalina Georgieva. Georgieva made the statement during a keynote address at the Singapore Fintech Festival on Nov. 15. Her speech highlighted the progress and challenges in […]
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Quick Take New data analysis reveals an unprecedented trend in the circulating supply of Bitcoin. A notable 70% of the supply has not been transacted within the past year, marking an all-time high for supply last active 1+ year. This cohort is experiencing an increased rate of dormancy. This trend, in large part, can be […]
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Commerzbank has secured a cryptocurrency custody license, marking the first instance of a German full-service bank obtaining such approval from national regulators, according to a Nov. 15 statement. The bank acquired licensing from the German Federal Financial Supervisory Authority and the European Central Bank, in line with Article 1 Section 1a Sentence 1 No 6 […]
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Binance’s Japanese division announced plans to list 13 new tokens for spot trading and crypto-earning services starting Nov. 27, according to a Nov. 15 statement shared with CryptoSlate. This move increases the exchange’s token offerings from 34 to 47, making it the largest platform with the most extensive token selection in Japan. Per the statement, […]
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Former FTX general counsel Can Sun, who played a pivotal role as a key witness in the trial against Sam Bankman-Fried (SBF), is joining forces with other ex-FTX executives to establish a new cryptocurrency exchange, the Wall Street Journal reported. The Dubai-based start-up, known as Trek Labs, recently obtained a license from the Emirate’s crypto […]
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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.

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 […]
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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.

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 […]
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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 […]
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