U.K. authorities seized 61,000 BTC valued at approximately £1.4 billion (or $1.78 billion) related to an investment fraud that operated in China, the Financial Times reported. The mastermind behind the fraud, Zhimin Qian, converted part of the profits from a £5 billion investment scam operated in China between 2014 and…
Chris Larsen, executive chairman and co-founder of Ripple, said on Jan. 31 that several of his personal XRP accounts had been hacked. He wrote in a post on X: “Yesterday, there was unauthorized access to a few of my personal XRP accounts (not Ripple) – we were quickly able to…
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong has initiated an investigation into Worldcoin over data privacy concerns related to its collection of biometric data, according to a Jan. 31 press release. The PCPD said it executed court warrants to enter six Worldcoin premises on…
In a significant development in the FTX bankruptcy saga, the company has decided it will not revive the exchange and will instead liquidate its assets to fully compensate customers affected by its collapse. The decision was announced by FTX’s attorney, Andy Dietderich, during the exchange’s latest bankruptcy hearing on Jan.…
Since finance YouTuber Andrei Jikh recently covered the so-called Bitcoin Power Model, there has been a notable debate within the Bitcoin community around its viability. Jikh opened his video entitled “2024 Bitcoin Price Prediction (CRAZY!)” by stating, “Today I want to show how a simple math rule that’s able to predict…
Layer1 blockchain network Sui is ending the month as one of the best-performing digital assets, according to CryptoSlate’s top gainers list. According to the list, SUI gained around 75% during the past 30 days to post a new all-time high of $1.64 on Jan. 30, surpassing its previous high of…
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In a move to bolster its global expansion efforts, Coinbase has enlisted George Osborne, a prominent figure in U.K. politics and finance. Osborne, known for his tenure as the U.K.’s Chancellor of the Exchequer (Treasury) from 2010 to 2016 and his contributions to the country’s economic and financial policies, joins…
Terraform Labs, the brains behind the Terra blockchain network, opted for bankruptcy protection as a strategic move against any “potential money judgment” that could be enforced by the U.S. Securities and Exchange Commission (SEC). In a Jan. 30 court filing, Terraform Labs CEO Chris Amani explained that the company might…
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t…