Tag crypto-exchange
Binance Founder CZ: $175M Bail Ahead of Sentencing and Guilty Plea to DOJ Charges
Bittrex Global Halts Trading Activities, Initiates Full Closure Process
Blockchain Association Challenges OFAC’s Sanctions on Tornado Cash
Key Takeaways The Blockchain Association, once again, is rallying behind six plaintiffs in their legal battle against the U.S. Treasury Office of Foreign Assets Control (OFAC) over sanctions on Tornado Cash. In a recent amicus curiae brief submitted on November…
SEC files lawsuit against Kraken; alleges mixing user funds
Key Takeaways Kraken, a major cryptocurrency exchange, is facing legal action from the U.S. Securities and Exchange Commission (SEC), which alleges that the platform operated as a securities exchange without obtaining the necessary registration. The SEC contends that Kraken commingled…
Atomic Wallet Seeks Dismissal of $100 Million Lawsuit, Citing Lack of US Ties
Key takeaways : In a recent legal development, Atomic Wallet, the non-custodial cryptocurrency wallet, is making headlines as it seeks to dismiss a $100 million lawsuit filed against it in August. The company argues that it has “no US ties”…
Kronos Research Faces $26 Million Loss in API Key Security Breach
Key Takeaways In a recent security breach, Taipei-based trading and venture capital firm Kronos Research experienced unauthorized access to its API keys, resulting in the loss of approximately 13,007 ETH, valued at around $25 million during the incident. The breach…
DYDX Founder Alleges Targeted Attack in $9M Insurance Claim
BitGo CEO Optimistic on Spot Bitcoin ETF Approvals Amid SEC Delay
Key Takeaways Amid delays in SEC decisions on spot Bitcoin exchange-traded fund (ETF) applications by Franklin Templeton and Global X, BitGo’s CEO, Mike Belshe, remains optimistic about the imminent approval of a spot Bitcoin ETF. This investment vehicle allows ordinary…
Singapore’s Monetary Authority to Trial Live CBDC Pilot for Bank Settlements
Key Takeaways In a groundbreaking move, Singapore’s Monetary Authority (MAS) has launched a pilot program for the live issuance of a central bank digital currency (CBDC) based on the Singapore dollar. MAS Managing Director Ravi Menon made the announcement at…