Business
Getting paid in crypto? Bitstamp is reportedly drawing a line at €1,000
A notice circulating among Bitstamp customers says crypto deposits over €1,000 sent from a wallet in someone else's name will be automatically rejected from 18 August. The exchange hasn't confirmed it, and nobody has said which entities or countries it covers.
CryptoSlate
2 months ago · 5 min read
Technology
SafePal breach exposed the order details of nearly 40,000 wallet owners
No coins moved and no keys were taken. What leaked was the customer paperwork: order information for nearly 40,000 people, and the fact that each of them owns a device built to hold crypto.
The Block, CoinDesk and Cointelegraph
2 months ago · 6 min read
Policy
Fake account migration emails are following the EU’s MiCA deadline
Crypto users across the EU spent months receiving genuine emails telling them their accounts had to move to a newly licensed company. Fraudsters have started sending the same emails, and UK holders on EU platforms are getting them too.
CoinDesk
2 months ago · 5 min read
Business
The bitcoin didn’t move. The share count went up 18-fold.
GD Culture Group booked a $211.8m paper loss on its 7,500 bitcoin and didn't sell a coin of the core reserve. Its split-adjusted share count is now more than 18 times where it sat at the end of last year.
CryptoSlate and CoinDesk
2 months ago · 5 min read
DeFi
Why banks are fighting to stop your stablecoin paying you 4%
US law already bars stablecoin issuers from paying interest, and the banking lobby wants the remaining gaps closed too. The argument is made on financial stability grounds, but underneath it is a fight over cheap deposits.
CoinDesk, with additional reporting from CryptoSlate
2 months ago · 7 min read
Markets
The XRP metrics in every headline, and what they can’t tell you
Active addresses, whale deposits and open interest are all pointing the right way for XRP, and the price is still near a dollar. Here's what each number actually measures, and why none of them promises a move.
CryptoSlate, with data from Santiment
2 months ago · 7 min read
Markets
Standard Chartered says its $100 UNI target may be too low, if one number holds
The bank's digital assets research head says the $100 end-2030 UNI target he set in June may be too conservative, because of how fast Uniswap is now destroying its own tokens. That rate has to hold for about five years for the maths to work.
The Defiant and CryptoSlate
2 months ago · 7 min read
Markets
Nobody actually knows how much was liquidated on 10 October, including the people quoting $18bn
A Solana-aligned research group has told the FCA that $18bn was liquidated in 14 hours during last October's crash. The real number is unknowable from the outside, and the reason why is built into how exchanges publish their data.
CryptoSlate, with regulatory findings from ESMA
2 months ago · 6 min read
Business
Staking earned this Solana treasury $2.5m. Paying the bills took $12m of new shares
Solana Company booked $2.512m of staking revenue last quarter and none of it arrived as cash. The money to actually run the business came from selling equity, which is a cost existing shareholders pay.
CryptoSlate
2 months ago · 4 min read
Markets
A 3x bitcoin fund won’t give you 3x bitcoin’s year
Cboe has asked the SEC to clear the first US funds tracking three times the daily move of bitcoin and ether. The word doing the heavy lifting in that sentence is "daily", and here's why it changes everything.
The Block and CoinDesk
2 months ago · 6 min read