Category: crypto

Morgan Stanley CEO Ted Pick is exploring offering crypto services in the US, aiming to engage with regulators once the review is complete. He emphasized the importance of understanding how to navigate as a highly regulated financial institution. E-Trade, Morgan Stanley’s crypto subsidiary, is reportedly preparing to launch spot crypto trading services.

Binance Labs has rebranded as YZi Labs, expanding its investment focus to include AI and biotech to foster innovative projects in Web3. Co-founder Ella Zhang will lead the new initiative, with CZ Zhao taking a hands-on mentoring role. The company aims to drive innovation and create lasting value for society.

CryptoSlate Alpha is a membership that requires purchasing an NFT with Solana tokens. Users need to connect their Solana wallet to complete the purchase. By buying the membership, users accept the terms and conditions of their wallet provider and Access Foundation. CryptoSlate is not responsible for the digital wallet’s provision, access, security, or legal status.

The US Commodity Futures Trading Commission has appointed Harry Jung to lead its efforts in crypto, DeFi, and digital assets. Jung, who has experience with regulatory strategies for digital markets, will also serve as Acting Chief of Staff under Acting Chair Caroline Pham. This appointment is part of broader leadership changes at the CFTC as…

Singapore-based crypto exchange Phemex has temporarily suspended withdrawals after a $37 million exploit on one of its hot wallets. Blockchain security firm Cyvers detected the breach involving transfers across multiple blockchains. Phemex assured users of enhanced security measures and is developing a compensation plan. The exchange’s cold wallets remain secure.

OKX has received a pre-authorization license for Markets in Crypto-Assets Regulation (MiCA) in Europe. The regulation aims to prioritize consumer protection and transparency in the crypto market. OKX plans to offer services to over 400 million users in the European Economic Area, expanding its operations with a full MiCA license.

Senator Cynthia Lummis has been appointed as the first chair of the Senate Banking Subcommittee on Digital Assets, focusing on regulatory frameworks for blockchain and crypto in the US. Lummis, a Bitcoin advocate, aims to establish a legal framework for digital assets and a national Bitcoin reserve. The bipartisan subcommittee will prioritize market structure, stablecoins,…

CryptoSlate’s market report analyzes the first year of spot Bitcoin ETFs, focusing on key trends, capital flows, performance metrics, and their impact on the crypto market. This exclusive content covers 1,100,000 BTC and provides insights into the ETFs’ one-year performance.

CryptoSlate’s market report explores the first year of spot Bitcoin ETFs, with 1,100,000 BTC available exclusively. The report analyzes trends, capital flows, performance metrics, and the ETFs’ impact on the cryptocurrency market.

CryptoQuant CEO Ki Young Ju believes China may have already sold the 194,000 Bitcoin seized from the PlusToken scam. On-chain data suggests the assets were mixed and distributed to exchanges, raising questions about their fate. Ki’s analysis challenges China’s claim to still hold the Bitcoin, suggesting they were liquidated.