Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On April 26, Binance and related parties filed a government document from an unrelated case against Mango Markets exploiter Abraham Eisenberg, who was convicted by a jury on April 18. The government’s argument Binance’s defense team […] The post Binance’s defense against SEC could be aided by Mango Markets case appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The UK government enacted new laws on April 26 that grant the National Crime Agency (NCA) and police enhanced powers to seize, freeze, and destroy digital assets linked to criminal activities. The new measures aim to disrupt the financial networks of organized crime groups that increasingly exploit cryptocurrencies to launder money . These legislative changes […] The post UK law enforcement given new powers to seize, destroy digital assets linked to criminals appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Custodia Bank filed a notice of appeal in its ongoing case against the US Federal Reserve on April 26. The bank intends to appeal an earlier judgment that denied its entitlement to a Federal Reserve master account, a service that allows access to the central bank’s system without relying on intermediary banks. Additionally, Custodia will […] The post Custodia Bank files notice of appeal in Federal Reserve case appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Former BitMex CEO Arthur Hayes believes the upcoming US Treasury policy actions under Secretary Janet Yellen could significantly influence the liquidity landscape and potentially catalyze rallies for crypto and stocks. Hayes said the market should stop focusing on the Fed’s policy decisions because the Treasury only has three options for its policy action next week […] The post Arthur Hayes believes Treasury’s next policy decision will lead to renewed surge for crypto, stocks appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

The US Department of Homeland Security (DHS) established an AI Safety and Security Board and named 22 members, comprising tech firm executives and other experts in the field, according to an April 26 press release. The members include OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and the heads of major tech companies like NVIDIA […] The post US government appoints Sam Altman, other tech execs to newly established AI safety board appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Quick Take The URPD metric by Glassnode provides insights into the distribution of Bitcoin unspent transaction outputs (UTXOs) based on their creation prices. Each bar in the chart represents the quantity of existing Bitcoins that were last moved within a specified price range. Bitcoin has maintained a price above $60,000 since Feb. 28, briefly dipping […] The post URPD analysis: 7% of Bitcoin’s supply locked in $60,000 to $65,000 price range appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) are urging US authorities to crack down on the use of crypto in the illegal trade of child sexual abuse material (CSAM). The lawmakers raised the alarm in an April 26 bipartisan letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas. Crypto […] The post Warren calls on DOJ, NHS to crackdown on crypto payments for child sexual abuse material appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Quick Take April has been a turbulent month for Bitcoin, with its price trading around $70,000 at the start of the month before encountering a series of challenges that brought it to local lows just below the $60,000 mark. Despite nearly four days remaining in the month, Bitcoin is currently trading at around $64,000. The […] The post Bitcoin weathers turbulent April, down 11% amid tax sell-offs, gold surge, and geopolitical tensions appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Polkadot’s governance is currently mulling over a proposal to activate SnowBridge, a cross-chain bridge designed to link the Polkadot blockchain with Ethereum. A cross-chain bridge essentially serves as a decentralized application (DApp), streamlining asset transfers between blockchains to enhance token utility by fostering cross-chain liquidity. Market observers have highlighted the significant role SnowBridge would play […] The post Polkadot community backs SnowBridge for seamless Ethereum integration appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More

Quick Take Metaplanet Inc. finalized its acquisition of 97.85 Bitcoins, amounting to a total purchase price of 1 billion Japanese yen. The investment and consulting company, listed on the Tokyo Stock Exchange, announced its purchase in a post on X on April 24. Metaplanet Inc. first announced its plans to purchase Bitcoin on April 8. […] The post Metaplanet Inc. purchases 1 billion yen worth of Bitcoin appeared first on CryptoSlate. Email Facebook Pinterest Twitter Reddit LinkedIn WhatsAppRead More