Coinbase’s Grewal hails Ripple’s defense efforts: XRP relisting possible

As the SEC vs. Ripple ruling looms, Paul Grewal said it is possible Coinbase will relist the XRP token. Speaking to Tony Edward — host of the Thinking Crypto YouTube channel — Grewal said there are several legal uncertainties to give a definitive answer on relisting. The U.S. securities regulator alleged Ripple had sold unregistered … Read more

Crypto lawyer rallies Ethereum investors in class action lawsuit against NYAG’s ‘securities’ label

Ad Lawyer John Deaton is beginning a class action lawsuit to fight allegations Ethereum is a security. The Managing Partner of the Deaton Law Firm posted a link to a Google Docs form for concerned investors to sign up. Ethereum investors feel the heat On March 9, New York Attorney General Letitia James filed a … Read more

ConsenSys faces audit at shareholder request

Ethereum development firm ConsenSys will be audited at the request of its shareholders, according to a report from Finextra on Jan. 18. ConsenSys allegedly transferred business products and units between its Switzerland- and U.S.-based corporations in a transaction called “Project Northstar.” That transfer allowed ConsenSys’s U.S. division to raise $715 million from 2020 to 2022. … Read more

FTX Exploiter swaps 50K ETH to BTC swap sparking concern for Ethereum as ETH dips 3%

On Nov. 20, the FTX Exploiter account began to start shifting the stolen funds once again — totaling 50,000 Ethereum (ETH) valued at an estimated $60 million. The FTX hacker is doing things… They sent 25k ETH to another wallet and have been actively selling into RenBTC over the last few hours. They sold another … Read more

CryptoSlate Wrapped Daily: Wintermute hacked of $160M, SEC claim jurisdiction over Ethereum transactions

The biggest news in the cryptoverse for Sept 20 includes Wintermute losing $160 million to DeFi operation hack, Ethereum developer confirming that Shanghai upgrade will not unlock staked ETH, Experts arguing that SEC cannot claim jurisdiction over Ethereum transactions, MicroStrategy buys an additional 301 Bitcoin for $6 million. CryptoSlate Top Stories Wintermute reveals $160M hack … Read more

CryptoSlate Wrapped Daily: Coinbase bankrolls Tornado Cash users’ lawsuit; Terra Classic makes 1,900% comeback led by community

The biggest news in the cryptosphere for Sept. 8 includes Coinbase financing the lawsuit against the U.S. Treasury Department over Tornado Cash, Terra Classic’s community-led revival and an attack on the New Free DAO protocol. CryptoSlate Top Stories Bitcoin holds steady as ECB implements 75 bps rate hike Despite European Central Bank’s (ECB) announcement regarding … Read more

CryptoSlate Wrapped Daily: BTC short liquidations reach $9M, Ava Labs CEO deems CryptoLeaks’ allegations ‘conspiracy theory’

The biggest news in the cryptoverse for Aug. 29 includes the liquidation of $9 million in Bitcoin shorts, a report showing that the majority of GameFi investors are interested in profit rather than gameplay and Ava Labs’ CEO denying CryptoLeaks’ allegations that it had a deal with law firm Roche Freedman to use “litigation as … Read more

Celsius sues KeyFi, alleges Jason Stone stole over 1,000 ETH of investor funds for NFTs

Jason Stone of KeyFi filed a lawsuit against Celsius, claiming that Celsius owed KeyFi “millions of dollars,” and now Celsius returned fire by suing KeyFi and Jason Stone for the mismanagement and theft of client funds. The complaint describes KeyFi and Stone as “extraordinarily inept at the investment strategies they were undertaking.” The legal complaint … Read more

Circle ‘blacklists’ all Tornado Cash ETH addresses effectively freezing USDC

Circle’s USDC has “blacklisted” all Ethereum addresses owned by Tornado Cash listed in the US Treasury Department’s sanction against the protocol. A Twitter bot named USDC Blacklist, which scrapes the blockchain for USDC blocklists, highlighted the issue as it tweeted multiple times through Monday after the sanction was issued. The USDC “Blacklist Policy” states that … Read more

Belarusian crypto exchange stops trading for Russians over war in Ukraine

Announced in a blog post published on Tuesday, April 12, the Belarusian crypto exchange says it will restrict its services for Russian users following Vladimir Putin’s invasion of Ukraine earlier this year. “The Russian invasion of Ukraine brought violence and disorder to the people of Ukraine. We condemn the Russian aggression in the strongest … Read more