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Kraken Faces SEC Charges for Unlawful Crypto Trading Operations


Image Source: CNBC The U.S. Securities and Exchange Commission (SEC) has added Kraken – a San-Francisco-based crypto exchange – to its hitlist of industry giants charged with a litany of securities law violations and internal control failures. In a lawsuit filed in a San Francisco court on Monday...

Pyth Network introduces permissionless mainnet


Pyth Network has successfully come up with its permissionless mainnet, which will open the doors for futuristic token-led governance for the protocol. It will now be possible for users taking part in the ecosystem to connect with Pyth Governance via blocking their PYTH tokens within the Pyth...

LBank Labs Winter Bootcamp 2024: The Epicenter of Blockchain Innovation


PRESS RELEASE. A short recap from Summer Bootcamp 2023. Following our hugely successful Cabo Mexico Bootcamp with 12 finalist teams selected from 70+ projects and 3 of 12 received extra grants for innovation, feasibility and improvement. We’re bringing together luminaries from over a dozen...

Blockchain Association Sues OFAC Over Sanctions on Tornado Cash


Source: US Department of Treasury Blockchain Association, the crypto advocacy group, has filed an amicus brief with the US Office of Foreign Assets Control (OFAC). The Association has criticized the agency’s decision to sanction crypto mixer Tornado Cash, pointing out the regulatory repercussions....

FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer


Source: OpenAI / Anthropic Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival...

DWF Labs and MovieBloc partner to decentralize the film industry


DWF Labs has partnered with MovieBloc, which will facilitate the company’s consistent promotion of the innovative platform’s development. DWF Labs is widely recognized as a global leader in the production of digital assets. In addition, it makes investments at multiple levels in Web3....

Orion’s All-in-One Trading Terminal Aggregates Crypto Liquidity


Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. The crypto market today comprises hundreds of centralized exchanges, decentralized exchanges, AMMs, aggregators, and blockchains. Across Layer1s, Layer2s...

SEC Accuses Kraken of Operating Unregistered Platform, Kraken Responds


Source: Kraken The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against the cryptocurrency exchange Kraken, claiming it has been operating an unregistered securities trading platform. The SEC filed the lawsuit in North District of California against the parent firms...

Another Overseas Crypto Exchange Wants to Break into South Korean Market


Source: JorgeEduardo/Adobe Another international crypto exchange wants to gain a foothold in the elusive South Korean market, with a platform named Bitbest planning to launch in 2024. Per the South Korean media outlet Fn Today, the firm said it had launched a “global site” ahead of the “official...

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