Author: ADM

A federal grand jury in the Northern District of Georgia indicted three Russian nationals for their alleged roles in operating crypto mixers Blender.io and Sinbad.io — tools used to launder funds tied to cybercrime, including ransomware and virtual currency thefts. The indictment, published on Jan. 10, charges Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton […]

New Hampshire State Representative Keith Ammon introduced legislation to create a strategic reserve of digital assets with an average yearly market cap of over $500 billion and US-pegged stablecoins to the state treasury, according to a bill introduced on Jan. 9.  The bill caps investments in these alternative assets at 10% of the total public […]

The new year hasn’t brought stability to Bitcoin’s price, with BTC experiencing significant volatility this week. The volatility peaked on Jan. 9, with the price opening at $95,057 and reaching a high of $95,346 before dropping sharply to $90,707. This $4,640 trading range represented a drop of around 4.9%. Intense volatility like that tends to […]

Team members from Coinbase, Google, ai16z, and other major players have joined forces to launch Aiccelerate, a new Decentralized Autonomous Organization (DAO) that aims to accelerate the convergence of crypto and artificial intelligence (AI). According to a Jan. 9 announcement, the DAO will focus on fostering decentralized, open-source AI development and supporting high-potential projects across […]

Jonathan Bouzanquet, the Co-Founder and Chief Strategy Officer of Playa3ull Games, joined CryptoSlate’s SlateCast alongside Editor-in-Chief Liam “Akiba” Wright and CEO Nate Whitehill. In a thought-provoking discussion, Bouzanquet shared his vision for blockchain gaming, emphasizing a community-first approach, sustainable funding, and the potential of blockchain technology to revolutionize the gaming industry. Building Games Backwards: A […]

According to DB News, the U.S. government has been granted clearance to liquidate 69,370 BTC seized from the Silk Road marketplace following a federal judge’s ruling on Dec. 30. Silk Road Bitcoin cleared for sale The Department of Justice (DOJ) sought expedited permission to sell, citing price volatility as a key reason for avoiding further […]

An FTX creditor Lidia Favario has raised concerns about the excessive spending by bankruptcy managers handling the defunct exchange’s proceedings, according to a court filing. In a letter to Judge John Dorsey, Favario described the spending as extravagant and inconsistent with the Department of Justice (DOJ) guidelines on reasonable expenses. Questionable expenses Favario cited specific […]

District Judge Katherine Polk Failla of the United States District Court Southern District of New York granted a Coinbase motion for an interlocutory appeal in their lawsuit against the US Securities and Exchange Commission (SEC) in a Jan. 7 ruling. Judge Failla claimed that the parties seek clarity on an “important legal issue,” although they […]

Bitcoin fluctuated between $92,000 and $100,000 through late December before reclaiming $102,000 by Jan. 6. CryptoQuant data suggests that reduced sell-side liquidity, changes in over-the-counter (OTC) desk balances, and a renewed whale accumulation pattern might be factors shaping these fluctuations. OTC Desk balances decline Activity on OTC desks, tracked through total holdings and 30-day balance […]

The crypto market is set for continued growth in 2025, driven by accelerating institutional adoption, evolving regulatory frameworks, and expanding DeFi ecosystems, according to Binance Research’s latest Monthly Market Insights report. The Binance report highlighted that Bitcoin (BTC) dominance among global assets has increased, while the overall market is displaying strong fundamentals despite the sharp […]