Coinbase facing class-action lawsuit amidst SEC investigation

Coinbase is faced with more legal battles as two law firms have filed a lawsuit against the company amidst an ongoing investigation by the SEC. On August 4, two New York-based law... Read more »

India freezes 64.67 crore ($8.1M) of WazirX’s funds for money laundering probe

India’s Enforcement Directorate (ED) has ordered the freeze of a WazirX bank account with Rs 64.67 crore (roughly $8.1 million) in connection with a money laundering investigation, IndiaToday reported Aug. 5. India... Read more »

Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto

CryptoSlate had the opportunity to sit down with Erhan Korhaliller, Founder & CEO of EAK Digital, the web3 communications and events agency behind some of the industry’s most creative IRL events, as... Read more »

Robinhood lays off nearly a quarter of its workforce amid crypto winter

Commission-free stock, options, and cryptocurrency trading platform Robinhood is getting rid of 23% of its workforce due to dipping revenues and a crypto bear market. Company CEO blames woes on rising inflation... Read more »

Binance-owned WazirX under investigation in India over alleged money laundering

The Indian Directorate of Enforcement is investigating WazirX to determine whether it facilitated the laundering of 2,790 crore Indian rupees(over $350 million) through its platform, the country’s Finance Minister, Pankaj Chaudhary, told... Read more »

Could Bitcoin be positioned to thrive amid global bearish signals for the US economy?

The global sentiment of the macro-economic landscape is muted following the news of a technical recession and a 75bp rate hike by the U.S. Federal Reserve. However, the crypto markets look more... Read more »

Solana NFT marketplace Magic Eden expands to Ethereum

Solana’s (SOL) leading NFT marketplace Magic Eden has announced that it will now support Ethereum (ETH) NFTs on its platform, according to a press release shared with CryptoSlate. The platform stated that... Read more »

Stagnating active addresses and entities show we’re in a typical bear market

Determining the length of an ongoing bear market is extremely difficult to do with a single metric, especially when looking at short time frames. To better understand an ongoing bear market, one... Read more »

GHO Stablecoin to be launched as Aave DAO gives a 99.9% approval

A governance proposal to create a crypto-backed stablecoin on the Aave protocol has been unanimously approved by the Aave community in a snapshot voting which lasted till Sunday. On July 7, 2022,... Read more »

Bitcoin’s rising illiquid supply suggests rising education regarding Bitcoin storage

There’s no denying that the last seven odd months have been extremely bearish for the crypto market, with Bitcoin, the world’s largest cryptocurrency by total market capitalization, only witnessing year-to-date (YTD) monetary... Read more »