Emurgo, the official commercial arm of Cardano, is set to release USDA, a fiat-backed and regulatory-compliant stablecoin by the first quarter of 2023. The USDA stablecoin is intended to protect users from crypto market volatility by pegging the token to…
FTX Collapse Triggers Massive Run On Exchanges Pushing Bitcoin to Self-Custody Wallets
According to data reviewed by CryptoSlate, after the FTX collapse, investors are shifting significant quantities of Bitcoin (BTC) to their self-custody wallets and leaving Ethereum (ETH) to invest in stablecoins. BTC Rushes to Self Custody The amount of very liquid,…
Panic Among Investors After FTX StableCoin Reserves Plunge
Some people are warning that funds on FTX could be at risk. The concerns in the cryptocurrency community that FTX might cause another crash like Terra have been raised as a result of the rapid fall in stablecoin reserves on the…
UK Legislators Enact Laws to Restrict Crypto Ads
On Thursday, a committee of the House of Commons enacted new legislation without resistance or additional discussion that prohibits crypto advertisements and makes it illegal for unregistered operators to offer services. Restrictions Now Formally Enacted The restrictions, which are now…
Chainalysis Report: Ukraine War Accelerated Russian Stablecoin Adoption
The war in Ukraine has affected the world in several ways, which include rising gas and food prices as well as increased political activism. It has also affected Russia’s economy negatively, with Russian investors scrambling to protect their assets. Following…
PayPal Forced to Backtrack on Stance That Would Have Boosted Crypto Adoption
PayPal has been on the news lately for the wrong reasons. The payments giant had made it public that it would adopt a policy against misinformation. If the policy had seen the light of day, it would have seen users…
How did the USDT laundering case move over $1 billion?
The unsealing of a criminal case in the Eastern District of Virginia has drawn attention to a major usdt laundering case involving Miami-based Jorge Figueira, a national of Venezuela and Spain. Court filings allege he ran a money laundering conspiracy…
Vitalik Buterin Unveils Kohaku: The Game-Changing Privacy Framework Revolutionizing Ethereum Wallets in 2025-2026
Buenos Aires, Argentina – In a highly anticipated keynote at Ethereum Cypherpunk Congress 2 on November 16, Ethereum co-founder Vitalik Buterin introduced Kohaku, a bold new privacy framework designed to make private transactions the default experience for Ethereum wallet users.…
