Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealer
Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealerPrometheum Ember Capital has secured approval to become a "qualified custodian" for digital assets considered securities by the SEC.
Happy Wednesday!The global crypto market cap is $1.1 trillion, with a 24-hour volume of $33.35 billion. The price of Bitcoin is $26,220.88, and BTC market dominance is 46.1%. The price of Ethereum is $1,787.74, and ETH market dominance is 19.5%. The best-performing sector is eCommerce, which gained 14%. The Crypto Fear & Greed Index is currently Neutral (50). Top News
Prometheum becomes first crypto company to be approved by SEC, FINRA as special-purpose broker-dealerPrometheum Ember Capital has secured approval to become a "qualified custodian" for digital assets considered securities by the SEC. Vitalik Buterin’s Solana jokes misinterpreted as an endorsementButerin spoke at EDCON 2023 on the technical challenges of developing Ethereum into a polished protocol, but it was a joke in his opening that caught the most attention. Chinese companies selling synthetic opioid chemicals raked in $27M in crypto paymentsBlockchain analysis firm Elliptic reveals millions in crypto payments to Chinese chemical providers and a staggering 450% increase in transaction volume year-on-year. Latest Insights
More NewsAdobe says Photoshop’s AI feature is aimed at accelerating creative use, not replacing graphic designersContent Credentials could ensure that both types of art respect creator rights. Solana CEO deems ChatGPT as revolutionary as ‘Windows and the computer mouse’Solana has released a ChatGPT plugin and increased its AI grant fund to $10 million. Ledger to push for open-source transparency to quell Ledger Recover fearsLedger pushes for open-source initiatives in response to community feedback Cardano’s native DeFi protocols surge as TVL soars 230% in 2023Cardano TVL outperforms the YTD trend for all protocols, driven by major DeFi ecosystem milestones. UK core inflation hits 28-Year high, boosting Bitcoin adoption as safe havenUncover how the U.K.'s soaring core inflation and declining fiat currency values are driving investors towards Bitcoin.
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Join Us at BlockDown Festival 2023: Unforgettable Web3 Experience in Algarve, Portugal!
Wednesday, May 24, 2023
CryptoSlate is excited to announce our participation in BlockDown Festival 2023, taking place in the breathtaking Algarve, Portugal this July 10th - 12th.
Ledger CEO says ‘sharded’ recovery seeds could be disclosed on subpoenaes
Tuesday, May 23, 2023
The wallet company has admitted that any government could force it and other parties powering Ledger Recover to surrender user wallet seeds.
Biden opposes agreement that could protect “tax cheats and crypto traders”
Monday, May 22, 2023
The Biden administration previously said that cutting tax loopholes could save $18 billion despite competing proposals from the Republican party.
Tether’s Bitcoin bet puts it in competition with MicroStrategy, has potential to cause market volatility
Sunday, May 21, 2023
CryptoSlate's latest market report dives deep into Tether's plan to buy Bitcoin every month and analyzes the impact it could have on the market.
Cardano’s Hoskinson calls Ethereum Classic ‘scam’ after Ergo’s exclusion from Proof-of-Work Summit
Saturday, May 20, 2023
Cardano founder Charles Hoskinson said Ergo is what Ethereum Classic should have been because it "continues to innovate [and] has a purpose."
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