Crypto Miners in Kazakhstan to Buy Only Surplus Power, Under Digital Assets Bill

Companies extracting cryptocurrencies in Kazakhstan will be allowed to purchase only excess electricity on a government-controlled market. The decision comes with new legislation approved by lawmakers which regulates the activities of the... Read more »

Binance CEO CZ confirms exchange has no outstanding loans

Binance CEO Changpeng Zhao “CZ,” said that the exchange has no outstanding loan, and challenged anyone to ask around. Earlier on Nov. 25, Binance published its Bitcoin proof of reserves to show... Read more »

GBTC ‘elevator to hell’ sees Bitcoin spot price approach 100% premium

Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (GBTC), is trading close to 50% below the BTC price on spot markets. Data from on-chain analytics platform Coinglass confirms that on Dec. 8,... 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 »

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 »

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, Crypto.com CEO addressing ‘FUD,’ Binance auditors confirming Bitcoin reserves, and more.   CryptoSlate Top Stories... Read more »

Court in China Recognizes NFTs as Virtual Property Protected by Law

A court in the Chinese city of Hangzhou has determined that non-fungible tokens, or NFTs, represent virtual property protected by the laws in the People’s Republic. The ruling comes from a case... Read more »

Proving it’s really you in the 21st Century – Cointelegraph Magazine

One-quarter of the global populace is going to be spending at least an hour a day in the metaverse by 2026, according to tech consulting firm Gartner, for shopping, gaming, education and... Read more »

Crypto.com CEO addresses FUD,says he ‘has nothing to hide’

Crypto exchange crypto.com‘s CEO Kris Marszalek posted a thread on his Twitter account to acknowledge that more FUD targeting crypto.com is coming and that he had “nothing to hide.” Marszalek implied that... Read more »

Lawmaker Pleads With Sam Bankman-Fried to Attend Congress Hearing on FTX — SBF Says He’ll Testify When He’s Ready

Congresswoman Maxine Waters, chair of the House Committee on Financial Services, has politely asked former FTX CEO Sam Bankman-Fried (SBF) to attend a congressional hearing on the collapse of his cryptocurrency exchange.... Read more »