Countries and institutions move into crypto despite market drop: Report

The crypto markets have been in decline since the start of the second quarter of 2022. Each time it seemed like the apparent crypto winter would experience a minor thaw, another notable... Read more »

Hopes for Celsius withdrawals to reopen, Do Kwon questions SBF involvement in LUNA crash

The biggest news in the cryptoverse for Dec. 7 includes U.S. banking committee arguing SBF ‘must answer ‘ for FTX, Do Kwon questions SBF involvement in Terra collapse, Celsius gives hopes of... Read more »

India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims

An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that... Read more »

Cryptocurrency market is ‘most mature’ in these 2 countries, new Huobi report reveals

Bitcoin (BTC) and crypto are only used by 13.7% of Americans, but they generate more exchange volume than anyone else. The latest data compiled by exchange Huobi confirms that in 2022, the... Read more »

U.S. banking committee says SBF ‘must answer for the failure’ of FTX

The US senate banking committee in a Dec. 7 letter to Sam Bankman-Fried said he must answer for the failure of his crypto firms in a hearing scheduled for Dec. 14. The... Read more »

Russia Expects Sizable Increase in Crypto Miners’ Share of Power Usage

The crypto mining industry may see a two-fold increase in its share of Russia’s power consumption in 2022, according to a high-ranking official from the Ministry of Energy. The department supports a... Read more »

Mazars says users’ BTC reserves on Binance are fully collateralized

South African auditor Mazars confirmed on Dec. 7 that cryptocurrency exchange Binance possessed control over 575,742.42 Bitcoin (BTC) of its customers, worth $9.7 billion at the time of publication. Mazars stated that... Read more »

Binance auditor confirms reserves, 3AC founders subpoenaed, and Crypto Twitter drama

The biggest news in the cryptoverse for Dec. 6 includes Polygon co-founder hitting back against ‘jealous’ competition, CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, and more.   CryptoSlate Top Stories... Read more »

Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry

Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On... Read more »

Bitcoin options data shows bulls aiming for $17K BTC price by Friday’s expiry

Bitcoin (BTC) price crashed to $15,500 on Nov. 21, driving the price to its lowest level in two years. The 2-day-long correction totaled an 8% downtrend and wiped out $230 million worth... Read more »
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