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Kraken Unveils Crypto Custody Service for US Institutional Clients
21.3.2024
Crypto exchange Kraken launched a crypto custody service in the US targeted at institutional clients on Wednesday. Kraken Financial, a state-chartered bank based in Wyoming, will provide the service.
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Sam Bankman-Fried’s Defense Challenges ‘Super-Villain’ Narrative in Sentencing Debate
21.3.2024
In a detailed letter to Judge Lewis Kaplan, the legal representatives for Sam Bankman-Fried, the embattled founder of cryptocurrency exchange FTX, have vehemently argued against the government’s recommendation for a 50-year prison sentence, labeling it as a “medieval view...
SEC Probing Crypto Firms to Classify Ethereum as a Security: Fortune Reports
20.3.2024
The United States Securities and Exchange Commission (SEC) has reportedly served a number of key businesses in the crypto industry with subpoenas in relation to obtaining records about the Ethereum Foundation, a new report reveals. According to Fortune, SEC Chair Gary Gensler is leading the agency...
Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief
20.3.2024
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...
Solana (SOL) and Avalanche (AVAX) remain profitable yet fall short to new AI exchange token priced $0.0181
20.3.2024
As the market continues to evolve, two prominent names have been making waves for some time now: Solana (SOL) and Avalanche (AVAX). However, a new challenger, Option2Trade (O2T), priced at an enticing $0.0181, is starting to garner attention for its competitive edge in the industry. This article...
Solama to Get Listed on HTX Crypto Exchange
20.3.2024
PRESS RELEASE. Solama, a new meme coin developed on the Solana network, will soon get listed on one more centralized crypto exchange: HTX (formerly known as Huobi Global). The announcement was made on March 18, 2024, on Solama’s official X (Twitter) account. Growth Has No Boundaries Solama, one...
The 50x potential touted for Fezoo (FEZ) exchange amid Ethereum’s (ETH) market corrections & Solana’s (SOL) impressive performance
20.3.2024
Technological breakthroughs in blockchain and crypto projects can significantly impact the success of presales. Innovations that promise to solve existing challenges or unlock new possibilities create buzz and drive investor interest. For those looking to participate in presales, aligning with...
Court Orders Binance to Hand Over ‘Comprehensive’ User Data to Nigerian Authorities
20.3.2024
A Nigerian high court has ordered Binance to provide the Economic and Financial Crimes Commission (EFCC) with comprehensive data relating to all Nigerian traders on its platform. The EFCC alleges it has discovered instances of price discovery, confirmation, and market manipulation on the Binance...
Genesis Agrees to Pay $21M Fine to Settle SEC Crypto Lending Charges
19.3.2024
Bankrupt cryptocurrency lender Genesis Global Capital has agreed to pay a $21 million fine as part of a final court judgement to settle charges with the U.S. Securities and Exchange Commission (SEC). In an official ruling released on March 19, the SEC highlighted the reason for the penalty...
SEC Requests $158 Million Increase to Tackle Crypto Market Challenges in 2025 Budget Proposal
19.3.2024
The U.S. Securities and Exchange Commission is seeking an additional $158 million for its 2025 budget to address the growing complexities in financial markets, particularly the challenges stemming from the crypto sector.
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Nonprofit Focused On “Corporate Wrongdoing” Empower Oversight Launches Lawsuit Against SEC Amidst Reports of Conflicts of Interests
19.3.2024
Empower Oversight filed a lawsuit against the United States Securities and Exchange Commission (SEC) on Friday, claiming the federal agency failed to comply with their Freedom of Information Act (FOIA) request regarding cryptocurrency conflict of interests at the agency.
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Binance asks for the tightening of screening procedures
19.3.2024
Binance, an international cryptocurrency exchange, has contacted top brokers like FalconX and Hidden Road to tighten the screening procedure to avoid having US investors on the exchange. Since top brokers are known to render their services to institutional investors, the sort of information...
Is Floki About to Crash? FLOKI Price Tumbles 30% with New Meme Coin Set for Exchange Launch
19.3.2024
You’d be hard pressed to find two meme coins posting more opposite performances than FLOKI and SPONGE right now. FLOKI is down bad after falling 18% in the last 24 hours to change hands at $0.0001736 as of this writing, lunchtime UTC. With a market capitalization of $1.6 billion, FLOKI...
Fidelity Incorporates Staking in Spot Ethereum ETF Offering to Boost Fund’s Income
19.3.2024
On March 18, the financial behemoth Fidelity Investments updated its application for a spot ethereum exchange-traded fund (ETF) to encompass staking capabilities. The firm, Fidelity, has made it known that the sponsor might “from time to time” opt to “stake a portion of...
Coinbase's Allies Join Crypto Firm's Case Against SEC
19.3.2024
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside...
Bitcoin Price Drops to $8,900 on BitMEX, Exchange Launches Investigation
19.3.2024
BitMEX is conducting an investigation into an unusual trading activity that caused a flash crash in Bitcoin on its platform.
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Galaxy Digital to Introduce Exchange-Traded Products in Europe in 'Matter of Weeks'
19.3.2024
Galaxy Digital teamed up with asset manager DWS last April to develop ETPs designed to give Europeans access to digital-asset investment through traditional brokerage accounts
Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects
19.3.2024
Andrew Tate earned a staggering $85 million during the last bull run by investing in decentralized exchange PancakeSwap.
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Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
19.3.2024
With $11.5 million Series A funding led by Trive, Tokenize Xchange aims for expansion in Singapore and plans to secure a total of $33 million by the end of 2024.
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Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
19.3.2024
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’
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