Binance continues to solidify its position as the top global crypto exchange, as recent data highlights its growing dominance across key markets. Data from CryptoQuant shows that the crypto commands a staggering 96.91% of crypto trading activity in South Korea. In contrast, local exchanges like Upbit and Bithumb collectively account for only 3.09% of the market. […]
Vast majority of financial advisors’ clients asked about crypto in 2024 – Bitwise
A recent report by Bitwise and VettaFi reveals that 56% of financial advisors are more likely to invest in crypto this year, with the 2024 US election results pivoting sentiment. The 2024 surge in crypto prices and increased regulatory clarity have sparked greater interest from clients and advisors alike. In 2024, 96% of advisors fielded […]
FDIC interim chair calls crypto debanking ‘unacceptable’ amid concerns over Operation Chokepoint 2.0
Federal Deposit Insurance Corporation (FDIC) interim Chair Travis Hill acknowledged the agency’s role in “debanking” crypto firms during a speech in St. Louis on Jan. 10. Hill pointed to accounts of crypto-related businesses losing access to banking services without explanation, placing them alongside historically debanked groups such as politically disfavored industries and individuals associated with […]
State of Georgia indicts 3 developers behind mixing services Blender, Sinbad
A federal grand jury in the Northern District of Georgia indicted three Russian nationals for their alleged roles in operating crypto mixers Blender.io and Sinbad.io — tools used to launder funds tied to cybercrime, including ransomware and virtual currency thefts. The indictment, published on Jan. 10, charges Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton […]
New Hampshire bill proposes Bitcoin reserve for state treasury investments
New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. 9. The bill caps investments in these alternative assets at 10% of the total public […]
86% of Bitcoin’s sell-off driven by short-term retail traders
The new year hasn’t brought stability to Bitcoin’s price, with BTC experiencing significant volatility this week. The volatility peaked on Jan. 9, with the price opening at $95,057 and reaching a high of $95,346 before dropping sharply to $90,707. This $4,640 trading range represented a drop of around 4.9%. Intense volatility like that tends to […]
Block edges closer to becoming first Bitcoin treasury firm to enter S&P 500
The fintech company Block could be the first publicly listed company holding Bitcoin (BTC) in its treasury to integrate the S&P 500 Index within 21 months, according to Matthew Sigel, head of digital assets research at VanEck. He highlighted that the firm, founded by Twitter co-founder Jack Dorsey, reportedly satisfied the final hurdle for listing […]
From failure to fortune: Jonathan Bouzanquet on blockchain and gaming
Jonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, joined CryptoSlate’s SlateCast alongside Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill. In a thought-provoking discussion, Bouzanquet shared his vision for blockchain gaming, emphasizing a community-first approach, sustainable funding, and the potential of blockchain technology to revolutionize the gaming industry. Building Games Backwards: A […]
US court schedules Do Kwon’s jury trial for January 2026
Terraform Labs co-founder Do Kwon is scheduled to be tried on Jan. 26, 2026, according to a status conference following his extradition to the US, Inner City Press reported on Jan. 8. The court has scheduled a pretrial conference for Mar. 6, 2025, with updates due by Feb. 27. Judge Paul Engelmayer has encouraged plea […]
FTX bankruptcy managers accused of spending funds on luxury hotels, travel as creditors file legal action
An FTX creditor Lidia Favario has raised concerns about the excessive spending by bankruptcy managers handling the defunct exchange’s proceedings, according to a court filing. In a letter to Judge John Dorsey, Favario described the spending as extravagant and inconsistent with the Department of Justice (DOJ) guidelines on reasonable expenses. Questionable expenses Favario cited specific […]