Category: crypto

Vitalik Buterin outlined proposals for Ethereum’s scaling, focusing on data throughput and proof systems to address network demands. He emphasized the need for a coordinated roadmap, interoperability, and economic incentives to reinforce ETH as a triple-point asset. Buterin called for collaboration to ensure Ethereum’s continued success and evolution.

Senator Elizabeth Warren is advocating for responsible government spending and stricter crypto regulations. She outlined strategies to save $2 trillion in federal spending, focusing on closing tax loopholes and fully funding the IRS. Warren also raised concerns over Trump-themed meme tokens, warning of potential foreign influence and ethical dilemmas.

HK Asia Holdings experienced a surge in stock value due to UTXO and Sora Ventures acquisitions, leading to a rebrand as Moon Inc. The company is now focused on Bitcoin and Web3 technologies, resulting in a significant increase in investments.

CryptoSlate’s report analyzes the performance of spot Bitcoin ETFs in their first year, including trends, capital flows, and impact on the crypto market. Over 1,100,000 BTC was traded exclusively through these ETFs.

The Singapore High Court has approved Zettai Pte Ltd’s request to hold a meeting with creditors of WazirX crypto exchange to present a restructuring proposal. The court also granted a 16-week moratorium to shield Zettai from legal actions. The proposal aims to distribute assets, resume operations, and rebuild the platform. Analysts view this as a…

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.