Search results for "ALEX"
19:59

Dominion Securities: Stagflation is the latest risk facing the US dollar

Golden Finance reports that the forex strategist at TD Securities noted that the possibility of the U.S. falling into stagflation has become the latest risk facing the strength of the dollar, and against the backdrop of political interference in federal agencies, the dollar is gradually finding itself in the "emerging market currency situation." "Although the market seems to have overlooked inflation and shifted its focus to the slowdown in economic growth, this could be a mistake," wrote Jayati Bharadwaj, Linda Cheng, and Alex Loo from TD Securities in a report on Monday. "The last U.S. CPI report showed the first signs of tariffs being passed on to consumers, and despite some downside surprises, the market still interpreted it in a hawkish manner."
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ALEX-1.07%
01:09

What is going on with the U.S. Democratic senators seeking to "sanction" the President of El Salvador?

According to CryptoSlate, a group of U.S. Democratic senators has proposed a new bill to impose sanctions on Salvadoran President Nayib Bukele and his government members. The bill is called the "Salvador Accountability Act" (S.2058) and is introduced by Senators Chris Van Hollen, Tim Kaine, and Alex Padilla. If passed, the bill would require President Donald Trump to impose sanctions on the Salvadoran government for alleged human rights violations and abuses of Bitcoin.
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01:51

PayPal CEO: Cross-border payments can break the deadlock in the challenge of US stablecoin adoption, the GENIUS bill may become a key driver.

According to Gate news, PayPal CEO Alex Chriss admitted that there are still significant barriers to widespread adoption of stablecoins in the United States, and it will take time for them to become mainstream. In an interview with Bloomberg TV, he pointed out the core issue: "There is a lack of sufficient adoption incentive on the consumer side," and revealed that PayPal is working to break this deadlock through a rewards mechanism.
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23:43

PayPal CEO: The popularization of stablecoins in the US market will still take a long time.

Golden Finance reported that PayPal CEO Alex Chriss stated during an interview with Bloomberg Television on Thursday that the adoption of stablecoins in the U.S. market still faces significant barriers and will take a long time to achieve. Chriss explained, "From the consumer's perspective, there is currently no real incentive to drive the adoption of stablecoins, which is why we are starting to launch products like rewards mechanisms and begin to incentivize users in these ways."
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09:44

The CEO of Matter Labs criticized Solana for its lower level of decentralization and performance that does not match Ethereum's Layer 2.

According to Gate News bot, as reported by TapChiBitcoin, Alex Gluchowski, founder and CEO of Matter Labs, responded to Toly's statement on the X platform. Gluchowski stated that Solana cannot compare to Ethereum (ETH) in terms of decentralization and censorship resistance, and it also lags behind the second layer (Layer 2) using a single sequencer in terms of latency and performance.
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ETH-1.2%
07:59

ZKsync founder: Solana cannot compete with Ethereum in terms of decentralization and censorship resistance.

According to a report by Jinse Finance, Alex Gluchowski, the founder of ZKsync and CEO of Matter Labs, responded on the X platform to Solana co-founder Toly, stating that Solana cannot compete with Ethereum in terms of Decentralization and censorship resistance, and also cannot compete with the latency and performance of single sequencer Layer 2 networks. Previously, Solana co-founder Toly stated that Solana is not looking to "wage war" with Ethereum, but rather to combat centralized sequencer Layer 2 based on Ethereum.
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13:10

Hypersphere, an encryption venture capital firm, lost "years of savings" in a fake Zoom meeting.

PANews June 19 news, according to Cointelegraph, encryption venture capital Hypersphere investment partner Mehdi Farooq revealed on the X platform that he fell victim to a phishing attack via a fake Zoom meeting, resulting in six Wallets being emptied and losing years of savings. The attack began when an acquaintance "Alex Lin" contacted him via Telegram, requesting to switch to Zoom under the pretext of Compliance.
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ALEX-1.07%
07:22

Former Celsius CEO Alex Mashinsky and related entities are excluded from the bankruptcy asset distribution.

According to the latest ruling from the Bankruptcy Court for the Southern District of New York, the former CEO of Celsius, Alex Mashinsky, and his associated entities AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC have waived their claims to Celsius's bankruptcy assets. The court has determined that it will prioritize the return of funds to creditors, and the total claims of Celsius creditors have now exceeded $1 billion. According to a report from Cointelegraph, Alex Mashinsky has previously been sentenced to 12 years in prison for cryptocurrency fraud.
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ALEX-1.07%
07:02

Judge: Alex Mashinsky will not benefit from the Celsius bankruptcy case.

According to ChainCatcher news and a report by CoinTelegraph, the Southern District Bankruptcy Court in New York has stated that Celsius's debtors have reached an agreement with former CEO Alex Mashinsky and related entities, prohibiting the distribution of Celsius's bankruptcy proceeds to the latter. The agreement allows Celsius's debtors to distribute the funds that were frozen due to claims made by Mashinsky. In May of this year, Mashinski was sentenced to 12 years in prison for fraud. So far this year, Celsius creditors have claimed over $1 billion in assets.
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ALEX-1.07%
07:02

The court prohibits Alex Mashinsky from claiming asset distribution from the Celsius bankruptcy case.

Gate News bot message, former Celsius CEO Alex Mashinsky has agreed not to claim any assets from the Celsius bankruptcy proceeds. The U.S. Bankruptcy Court for the Southern District of New York stated in a motion submitted on Monday that the Celsius debtors have reached an agreement with Alex Mashinsky, AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, prohibiting the distribution of Celsius bankruptcy proceeds to the latter. The agreement stipulates that the Celsius debtors can allocate funds frozen due to claims filed by Mashinsky and the three related entities.
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ALEX-1.07%
00:44

Senior U.S. officials dismiss rumors that "the U.S. is attacking Iran"

According to Gate News bot, as reported by Jin10, in response to recent claims that "the United States is attacking Iran", Alex Pfeiffer, Deputy Assistant to the President and Chief Deputy Director of the Office of Communications, denied this. Pfeiffer stated clearly: "This is false information. The U.S. military remains in a defensive posture, and that has not changed. We will continue to protect America's interests."
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00:41

US officials debunk rumors that "the US is attacking Iran"

Jin10 reported on June 17 that there are reports of the United States attacking Iran. In response, Alex Pfeiffer, Deputy Assistant to the President and Chief Deputy Communications Director, stated that this is fake news. He said, "This is not true. The U.S. military maintains a defensive posture, and that has not changed. We will defend America's interests."
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08:21

Analysis: The latest conflict in Iran is just short-term noise, and one should cautiously grasp the timing to buy the dip.

BlockBeats news, on June 13, economist Alex Krüger published an analysis stating that "the latest confrontation between Israel and Iran should only have a short-term impact and does not open a new trend, it is merely short-term noise. It is more similar to the armed conflict between Israel and Iran in 2024, rather than a large-scale war. The question is when to 'Buy the Dips'. Looking back at the timeline of 2024: · April 12: Rumors spread, the market falls for the first time. · April 13: Iran fires missiles directly at Israel for the first time, the market falls again. · April 14 to 18: The market remains tense while waiting for Israel's retaliation. · April 18: Israel retaliates, taking restrained actions to avoid hitting major targets. The market soars. Both sides then announced a pause, returning to covert operations.
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ALEX-1.07%
05:45

The Ethereum Foundation announced a new organizational structure, prompting analysis from industry experts.

Gate News bot reported that recently, cryptocurrency researcher Christine Kim raised several questions about the latest organizational structure released by the Ethereum Foundation. The structure shows that Tim Beiko, Barnabé Monnot, and Alex Stokes will take on multiple roles, including leading all R&D teams and managing their respective teams. They will be responsible for L1 and L2 scaling and user experience (UX) improvements over the next 12 months. Christine Kim pointed out that there are several matters to be clarified in the architecture diagram, involving the identification of team leaders with bold names, the specific purposes of the highlighted sections, as well as Tim's protocol coordination and project supervision scope. She also raised questions about the color grouping system, including the grouping methods for consensus mechanisms and account abstraction, as well as issues related to the combination logic of Testing and pandaops. Source: Wu Says
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ETH-1.2%
06:38

Alex Lab will fully compensate affected users for the previous attack that resulted in a loss of 8.3 million dollars.

Gate News bot message, recently, the Bitcoin DeFi protocol Alex Lab based on Stacks suffered a second major vulnerability attack, resulting in the theft of $8.3 million worth of crypto assets. The protocol stated last Friday that it will fully compensate affected users using funds from its treasury. Users will receive separate notifications but must fill out a claim form before June 10 to receive the funds.
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ALEX-1.07%
02:15

DeFi protocol ALEX was attacked, resulting in a loss of 8.37 million USD, and has promised full compensation.

Gate News bot news, the DeFi protocol ALEX has encountered an attack event due to a vulnerability in the coin listing verification logic. In this attack, the ALEX protocol lost approximately $8.37 million in assets, including 8.4 million STX, 21.85 sBTC, 2.8 WBTC, and about $150,000 in stablecoin. The ALEX Lab Foundation has responded to this incident, announcing that it will fully compensate affected users in USDC. The compensation amount will be calculated based on the average on-chain price on the evening of June 6, and payment will be completed within 7 working days after confirming the relevant information. Source: Wu Says
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11:23

ALEX: The platform has encountered malicious activities and has suspended operations to ensure user safety.

PANews June 6 news, the DeFi protocol ALEX based on Stacks stated on the X platform that it is aware of malicious activities on the ALEX platform. Our team is working hard to control the situation and mitigate further impact. We are closely cooperating with Centralized Exchanges (CEX), and part of the stolen funds has been traced to these platforms. To ensure the safety of all users, all platform activities have been suspended. A complete post-incident analysis will be released as soon as possible.
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ALEX-1.07%
10:15

Singapore MAS releases final regulatory framework for DTSP to be implemented in June 2025.

According to a post by Alex Zuo, Vice President of Cobo Custody, the Monetary Authority of Singapore (MAS) has released regulatory guidelines for Digital Token Service Providers (DTSP) under the Financial Services and Markets Act (FSMA) framework. This legislation will officially take effect on June 30, 2025, at which point DTSP entities that do not meet compliance requirements must cease operations. DTSP mainly involves institutions in Singapore that provide token trading, transfer, custody, and other services to overseas clients. Institutions that have obtained PSA/SFA/FAA licenses or are exempted do not need to reapply for the DTSP license, but must comply with new regulatory requirements, including strengthening technical risk management, conducting annual audits, and reporting significant security incidents within one hour. MAS focuses on compliance enforcement in this regulatory framework and adopts a tiered regulatory approach for stablecoins.
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05:34

Analysts: Bitcoin's recent rebound has initiated a rise trend, expected to break through $130,000.

Gate News bot reports that FxPro's chief market analyst Alex Kuptsikevich stated that Bitcoin's rebound from nearly $103,000 on May 31 indicates the potential beginning of an upward trend. "This momentum could push its price to new highs above $130,000." However, Ethereum is still facing resistance near its 200-day MA. Kuptsikevich added that a breakout above $2,700 could be an important indicator of renewed market optimism.
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00:37

The Ethereum Foundation team has undergone a renaming and restructuring, focusing on three strategic goals.

The Ethereum Foundation announced that the "Protocol R&D" team has been renamed to "Protocol" and is restructuring the team to focus on L1 scaling, blob scaling, and user experience improvements. Tim Beiko, Alex Stokes, and others will be responsible for execution, with some members leaving the foundation. The goal is to promote the development of Ethereum by improving R&D efficiency, accelerating zkEVM and L2 integration, and advancing global expansion.
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ETH-1.2%
00:52

The SEC has sued Unicoin and three executives for securities fraud, involving more than $100 million.

Gate News bot message, the SEC ( filed a lawsuit against New York's Unicoin Company and its three executives on May 20. The defendants include CEO Alex Konanykhin, former president Silvina Moschini, and former chief investment officer Alex Dominguez. The SEC lawsuit document points out that Unicoin issued token-related rights certificates and stocks without registering as securities. The company claimed that the tokens were backed by billions of dollars in real estate assets and stated that sales exceeded $3 billion. However, the SEC investigation revealed that the company's actual asset value was far below the claimed amount, with actual fundraising reaching only $110 million, involving over 5,000 investors. The SEC is now seeking a permanent injunction from the court and requesting the recovery of illegal gains and civil penalties, while three executives are facing director bans. Source: Wu Says
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ALEX-1.07%
19:20

Celsius founder Mashinsky was sentenced to 12 years for encryption fraud.

According to Gate.io News bot and Bloomberg, Alex Mashinsky, the founder of the Crypto Assets lending platform Celsius Network, has recently been sentenced to 12 years in prison. Mashinsky engaged in cryptocurrency fraud during his tenure at Celsius Network. Previously, Celsius Network filed for bankruptcy protection in July 2022, with the platform having over 1.8 million users and managing assets totaling $12 billion. Bloomberg reported that, in addition to serving his sentence, Mashinsky must also pay fines and forfeit illegal gains.
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00:03

xAI has reached a cooperation with TWG Global and Palantir to jointly promote the AI transformation in the Financial Service industry.

PANews May 7 news, according to the official announcement from xAI, it has reached a strategic cooperation with TWG Global and Palantir Technologies, aiming to reshape the path for financial service providers to adopt AI and scale technology development. The three parties will engage in in-depth cooperation in the design and deployment of enterprise-level AI solutions. This cooperation was announced at the Milken Institute conference, with Palantir CEO Alex Karp and TWG Global co-chair Thomas.
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06:14

Celsius founder Mashinsky protests the proposed 20-year sentence, with lawyers requesting it be reduced to 366 days.

According to news from the Gate.io News bot and a report by Cointelegraph, Celsius founder Alex Mashinsky has expressed objections to the 20-year prison sentence proposed by the U.S. Department of Justice. Mashinsky admitted in December 2024 to charges of commodity fraud and manipulating the price of the CEL Token, having made $48 million in profits by selling tokens prior to the collapse of Celsius. On May 5, his legal team submitted a response memorandum to the New York District Court, requesting to reduce the sentence to less than 366 days. The legal team pointed out that Mashinsky, as a first-time non-violent offender, has a flawless business record spanning 30 years.
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06:08

Celsius founder Mashinsky criticizes the 20-year sentence proposal: this is a death sentence.

The founder of Celsius is accused of fraud and manipulating token prices, facing 20 years in prison, which has sparked strong dissatisfaction. Alex Mashinsky is alleged to have earned 48 million USD in 2024 from the case and is currently requesting a sentence reduction to within 366 days. He admitted to the crime before Celsius filed for bankruptcy, with the case involving 4.7 billion USD in debt and losses for hundreds of thousands of users.
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CEL-0.31%
13:28

Analyst: Bitcoin retests key resistance level, falling below $90,000 may trigger a dual technical and psychological blow.

According to BlockBeats news on May 5, CoinDesk reported that FxPro analyst Alex Kuptsikevich stated, "We have returned to a key resistance area, which served as a support level from last December to this February. The next downward targets are $92,500 and $89,000. If Bitcoin falls below $90,000, it will have an impact both technically and psychologically, and will also break below the 200-day moving average."
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07:52

The U.S. Department of Justice seeks a 20-year prison sentence for the former CEO of Celsius.

According to Gate.io News bot and a report by CoinDesk, the U.S. Department of Justice submitted documents to the court recommending a 20-year prison sentence for Celsius founder and former CEO Alex Mashinsky. The documents indicate that Mashinsky is accused of orchestrating fraud, resulting in customer losses of nearly $7 billion. In this case, Mashinsky has admitted to making false promises to clients, falsely claiming that deposits were safe while manipulating the price of CEL tokens for personal gain. The prosecution noted in the documents that this was a carefully planned fraud case that caused significant losses to clients and set a warning example for the cryptocurrency industry. Sentencing in the case will take place on May 8.
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11:01

Former Celsius CEO Mashinsky will face a ruling on fraud and manipulation of Token prices on May 8.

Gate news bot message, according to documents from the New York District Court, the sentencing date for former Celsius CEO Alex Mashinsky is set for May 8. Mashinsky must face the court's judgment regarding charges of fraud and manipulation of the CEL token price. Mashinsky was arrested in July 2023, facing multiple charges including commodity fraud and securities fraud. In December 2023, he pleaded guilty to one count of commodity fraud and one count of price manipulation, with a maximum sentence of 20 years in prison. The sentencing, originally scheduled for April 8, was postponed by a month due to the defense needing to submit additional evidence. According to TheBlock, Celsius managed $13 billion in customer deposits before filing for bankruptcy, which the company announced during the downturn of the cryptocurrency market in 2022.
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06:06

U.S. prosecutors submitted over 200 victim statements accusing former Celsius CEO.

U.S. federal prosecutors have charged Celsius Network founder Alex Mashinsky, submitting 200 victim statements, alleging he engaged in commodity and securities fraud. Mashinsky has pleaded guilty and could face 30 years in prison. Victims are seeking the maximum sentence, while the defense team is requesting no more than 366 days of incarceration. Sentencing will be announced on May 8.
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ALEX-1.07%
12:03

Nansen CEO: SOL's stake market capitalization surpasses ETH

Odaily News Nansen CEO Alex Svanevik posted on the X platform that the "stake market capitalization" of SOL has just surpassed that of ETH. According to data disclosed by Alex Svanevik, the market capitalization of SOL stake reached 53.96 billion dollars, while ETH was 53.77 billion dollars.
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ALEX-1.07%
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