The U.S. Securities and Exchange Commission (SEC) recently took legal action against one of the prominent players in the cryptocurrency exchange landscape, Kraken. In a 90-page complaint, the SEC accused Kraken of operating as an unregistered securities exchange, broker, dealer, and clearing agency. The allegations suggest that Kraken has been involved in illegal facilitation of
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Ethereum’s price has experienced a fresh increase, surpassing the $1,950 resistance level and consolidating its gains. With the price currently trading above $2,000 and the 100-hourly Simple Moving Average, Ethereum shows signs of stability and a promising outlook for future growth. One notable development is the break above a major bearish trend line, previously resistant
Bittrex Global, a prominent cryptocurrency exchange platform, recently announced its decision to wind down its operations, leading to the termination of most exchange activities and trading. This unfortunate development has raised concerns among its valued customers, who will undoubtedly face inconveniences resulting from this decision. A Disheartening Announcement In a statement released on November 20th,
As the world of decentralized exchange (DEX)-traded tokens continues to witness sensational rally moves, one emerging cryptocurrency has caught the attention of investors. The global unit-of-account for the AVAX-native Wonderland project, called TIME token, is showing signs of a potential comeback. Despite facing a horrific plunge in price since its launch in 2021, TIME token
Japan’s financial landscape is on the brink of a major transformation with the upcoming launch of the country’s first-ever digital securities trading platform. Osaka Digital Exchange Co. (ODX) is spearheading this revolutionary shift in the market, aiming to enhance accessibility and liquidity for security tokens. With influential players from traditional finance in Japan, including SBI
A momentous occasion unfolded in Argentina as it welcomed its first-ever pro-Bitcoin President, Javier Milei. In the recent presidential election, Milei, a right-wing libertarian and prominent Bitcoin advocate, emerged victorious with nearly 56% of the votes. This landslide victory has positioned Milei as the face of a new era in Argentina, with his commitment to
The year 2023 has seen a significant focus on the regulation of digital assets as governments and regulatory bodies aim to enhance the safety and integrity of this burgeoning industry. However, despite the recognition of the importance of rules in creating a safe crypto market, the wider adoption of digital assets still faces numerous challenges.
Over the past few days, the value of XRP has seen a slight decline, which aligns with the overall consolidation happening in the cryptocurrency market. While XRP has experienced a 1.78% increase in the last 24 hours according to CoinMarketCap, data from the past seven days shows a decrease of 8.68%. Despite this, several price
The decentralized exchange dYdX has recently fallen victim to a targeted attack resulting in significant losses. In this article, we will explore the details of the attack, the impact on dYdX and the broader crypto industry, and the measures taken to prevent future incidents. On November 17th, dYdX experienced a targeted attack that specifically targeted
The US Securities and Exchange Commission (SEC) has recently announced the postponement of its decisions on spot Bitcoin exchange-traded fund (ETF) applications submitted by Global X and Franklin Templeton. This move by the regulatory body has raised questions and concerns within the crypto market, as investors eagerly await the launch of a spot Bitcoin ETF.
