CryptoSlate

Found 1737 news

  • SharpLink raises another $200M to push Ethereum holdings beyond $2B
    CryptoSlate - 18:33 Aug 07, 2025
    SharpLink Gaming has raised $200 million from institutional investors in a direct stock offering to further fuel its Ethereum (ETH) buying spree and take its holdings beyond $2 billion. The funding round, expected to close Aug. 8, was priced at $19.50 per share and led by A.G.P./Alliance Global Partners. Societe Generale acted as co-placement agent, […] The post SharpLink raises another $200M to push Ethereum holdings beyond $2B appeared first on CryptoSlate.
  • New York fines Paxos $48.5M over Binance-linked compliance lapses
    CryptoSlate - 17:45 Aug 07, 2025
    The New York Department of Financial Services (NYDFS) has imposed a $48.5 million penalty on Paxos as part of its enforcement action against the stablecoin issuer, according to an Aug. 7 announcement. The settlement includes a $26.5 million civil monetary fine and mandates Paxos to spend an additional $22 million over three years to strengthen […] The post New York fines Paxos $48.5M over Binance-linked compliance lapses appeared first on CryptoSlate.
  • Fake Ethereum trading bots on YouTube help scammers steal over $900K
    CryptoSlate - 16:53 Aug 07, 2025
    Cybersecurity firm SentinelLABS has uncovered a sophisticated scam campaign that has siphoned over $900,000 from unsuspecting crypto users. According to the report, the attackers use malicious Ethereum-based smart contracts disguised as trading bots to target individuals who follow seemingly educational content on YouTube. The report added that these scams have been active since early 2024 […] The post Fake Ethereum trading bots on YouTube help scammers steal over $900K appeared first on CryptoSlate.
  • Record compression in implied volatility sets up next big move for Bitcoin
    CryptoSlate - 15:43 Aug 07, 2025
    Bitcoin’s ascent to its all-time high unfolded against a very unusual backdrop: steadily compressing volatility. While most markets tend to exhibit rising implied volatility as prices push higher, Bitcoin has done the opposite, especially in recent months. This behavior is perfectly captured by the Bitcoin Volatility Index (BVIV), a metric that tracks the implied volatility […] The post Record compression in implied volatility sets up next big move for Bitcoin appeared first on CryptoSlate.
  • India finds $72 million in hidden crypto income as tax compliance tightens
    CryptoSlate - 15:18 Aug 07, 2025
    India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, according to an Aug. 5 disclosure by Pankaj Chaudhary, the Minister of State for Finance. The minister, citing figures from the Central Board of Direct Taxes (CBDT), stated that the numbers reflect discrepancies in tax filings tied […] The post India finds $72 million in hidden crypto income as tax compliance tightens appeared first on CryptoSlate.
    Tags: India
  • Ripple boosts stablecoin payments clout with $200 million Rail acquisition
    CryptoSlate - 14:19 Aug 07, 2025
    Ripple is doubling down on its ambitions in the stablecoin payments space with the acquisition of Rail, a global settlement platform known for its speed and enterprise-grade automation. The deal, valued at $200 million, was announced on Aug. 7 and is expected to close in the fourth quarter of 2025. Meanwhile, it is still subject […] The post Ripple boosts stablecoin payments clout with $200 million Rail acquisition appeared first on CryptoSlate.
  • Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns
    CryptoSlate - 22:00 Aug 06, 2025
    Galaxy head of research Alex Thorn criticized the business model of many Ethereum (ETH) layer-2 (L2) blockchains as “ETH extractive.” In an Aug. 6 social media post, Thorn argued that L2 networks retain most of the fee revenue while contributing relatively little back to the Ethereum L1.  Thorn added that most L2s are controlled by single […] The post Galaxy’s Alex Thorn calls Ethereum L2s ‘ETH extractive’ amid fee retention concerns appeared first on CryptoSlate.
  • Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE
    CryptoSlate - 20:54 Aug 06, 2025
    Laser Digital, a digital asset subsidiary of Japanese banking giant Nomura, has secured the first limited license to offer over-the-counter crypto derivatives under the Virtual Asset Regulatory Authority’s (VARA) Pilot Regime, the company announced Wednesday. Laser Digital is the first firm authorized to provide institutional-grade crypto options directly to clients under the VARA framework, marking […] The post Nomura’s Laser Digital secures regulatory greenlight to launch OTC desk for crypto options in UAE appeared first on CryptoSlate.
  • Bitcoin settles into $110k–$116k ‘air gap’ as market awaits fresh demand
    CryptoSlate - 19:40 Aug 06, 2025
    Bitcoin (BTC) is consolidating in a thin-liquidity “air gap” between $110,000 and $116,000 as the market waits for new demand to establish a firm base. According to an Aug. 6 report by Glassnode, BTC’s price pulled back to $113,000 after setting a new all-time high above $123,000 in mid-July. This price movement left many recent […] The post Bitcoin settles into $110k–$116k ‘air gap’ as market awaits fresh demand appeared first on CryptoSlate.
    Tags: Bitcoin
  • PancakeSwap launches tokenized stock futures for Apple, Tesla, Amazon with 25x leverage
    CryptoSlate - 18:30 Aug 06, 2025
    PancakeSwap has introduced futures contracts tied to major U.S. stocks, enabling users to trade synthetic versions of Apple, Amazon, and Tesla shares directly on the blockchain, according to an Aug. 5 release. The new feature, live from Aug. 5, allows crypto users to open leveraged long or short positions using only a self-custodied wallet. Trades […] The post PancakeSwap launches tokenized stock futures for Apple, Tesla, Amazon with 25x leverage appeared first on CryptoSlate.
  • Jury convicts Roman Storm on unlicensed money transmission; hung on laundering, not guilty on sanctions
    CryptoSlate - 17:49 Aug 06, 2025
    A Manhattan federal jury found Tornado Cash developer Roman Storm guilty of conspiring to operate an unlicensed money transmitting business. As Inner City Press reported on August 6, the jury returned a mixed verdict by finding Storm not guilty of sanctions evasion under IEEPA, and unable to reach a unanimous verdict on money laundering conspiracy. […] The post Jury convicts Roman Storm on unlicensed money transmission; hung on laundering, not guilty on sanctions appeared first on CryptoSlate.
  • Jurors deadlocked in Roman Storm trial over Tornado Cash allegations
    CryptoSlate - 16:42 Aug 06, 2025
    The Roman Storm trial has hit a snag after four days of jury deliberations, with jurors informing the court that they remain deadlocked on certain charges, according to an Aug. 6 court reporting from Inner City Press. Judge Katherine Polk Failla revealed that the jury had submitted a note stating some members were firmly set […] The post Jurors deadlocked in Roman Storm trial over Tornado Cash allegations appeared first on CryptoSlate.
  • Why Lightning Network capacity declining 20% in 2025 is NOT as bad as it sounds
    CryptoSlate - 16:30 Aug 06, 2025
    Bitcoin’s Lightning Network capacity has declined from over 5,400 BTC in late 2023 to around 4,200 BTC by August 2025, a roughly 20% drop, per mempool.space data. While the raw figures imply a contraction, analysts and developers suggest the shift reflects structural evolution in routing and protocol design rather than a retreat in adoption. Lightning […] The post Why Lightning Network capacity declining 20% in 2025 is NOT as bad as it sounds appeared first on CryptoSlate.
  • Institutional interest boosts XRP’s resurgence in South Korea and Japan
    CryptoSlate - 16:00 Aug 06, 2025
    XRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of the region’s key crypto hubs. This resurgence comes as the token’s price has remained relatively bound around the $3 mark over the past month, coinciding with the continued expansion of the XRP Ledger’s […] The post Institutional interest boosts XRP’s resurgence in South Korea and Japan appeared first on CryptoSlate.
  • Ripple warns Senate draft could put ETH, SOL, XRP under SEC oversight forever
    CryptoSlate - 15:30 Aug 06, 2025
    Ripple Labs has urged the US Senate to revise its proposed crypto legislation, warning that the current draft introduces more confusion than clarity. The blockchain firm submitted its response on Aug. 5, addressing concerns about regulatory overreach and vague definitions that could stifle innovation across the digital asset space. The comments come in response to […] The post Ripple warns Senate draft could put ETH, SOL, XRP under SEC oversight forever appeared first on CryptoSlate.
  • Tight price parity hides structural gaps in XRP liquidity on exchanges
    CryptoSlate - 14:30 Aug 06, 2025
    XRP traded remarkably consistently across Binance and Coinbase throughout July, despite stark differences in where and how liquidity was concentrated. While prices between USD and USDT pairs remained within a few basis points of one another, the two exchanges diverged significantly in their respective trading volumes. Binance captured nearly all activity for USDT-quoted XRP, while […] The post Tight price parity hides structural gaps in XRP liquidity on exchanges appeared first on CryptoSlate.
    Tags: Tight
  • SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs
    CryptoSlate - 23:00 Aug 05, 2025
    Fresh US Securities and Exchange Commission (SEC) staff guidance on liquid staking is stoking expectations that US regulators will soon allow staking within spot crypto exchange-traded funds (ETFs). Co-founder of The ETF Institute Nate Geraci called the guidance “the last hurdle” before the SEC can approve staking in spot Ethereum (ETH) ETFs. Furthermore, he noted […] The post SEC liquid staking guidance clears ‘last hurdle’ for staking in spot crypto ETFs appeared first on CryptoSlate.
    Tags: ETFs
  • Coinbase debuts developer wallet with automatic 4.1% USDC rewards, notes regulatory clarity
    CryptoSlate - 22:30 Aug 05, 2025
    Coinbase unveiled a developer-focused wallet that automatically activates 4.1% rewards on USDC balances. Called Coinbase Developer Platform (CDP) Embedded Wallets, the product is part of and is aimed at giving builders the same secure, scalable infrastructure that powers millions of Coinbase accounts, according to an August 5 announcement. CDP Embedded Wallets support Ethereum Virtual Machine […] The post Coinbase debuts developer wallet with automatic 4.1% USDC rewards, notes regulatory clarity appeared first on CryptoSlate.
  • Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders
    CryptoSlate - 22:00 Aug 05, 2025
    Cardano privacy-focused sidechain Midnight Network has opened the Claim Phase of its NIGHT tokens. Dubbed “Glacier Drop,” this phase will distribute NIGHT tokens to eligible wallets across eight blockchain ecosystems, according to an August 5 announcement. The launch follows publication of Midnight’s tokenomics paper earlier this summer, which set out the network’s distribution model and […] The post Cardano sidechain Midnight starts token distribution to ADA, XRP, BTC holders appeared first on CryptoSlate.
  • Indonesian officials eye Bitcoin mining for national reserves after key meeting
    CryptoSlate - 21:30 Aug 05, 2025
    Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community. The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience. Among […] The post Indonesian officials eye Bitcoin mining for national reserves after key meeting appeared first on CryptoSlate.

1737 items