CFTC Charges Three Defi Projects for Illegal Operations
The Commodity Futures Trading Commission (CFTC) has taken a firm stance in the decentralized finance (DeFi) sector, announcing charges against three DeFi projects, Opyn, ZeroEx...
Category : News
Circle Intervenes In SEC’s Lawsuit Against Binance, Asserts Stablecoins Aren’t Securities
by Ondrej Simon
Weighing in on the Securities and Exchange Commission’s (SEC) lawsuit against leading crypto exchange Binance, stablecoin issuer Circle has argued that stablecoins are not securities....
Three Arrows Co-Founder Su Zhu Arrested In Singapore; Gets 4-Month Jail Sentence
by Ondrej Simon
The co-founder of now-defunct hedge fund Three Arrows, Su Zhu, has been slapped with a four-month jail term after being apprehended at an airport in...
Ripple Abandons Deal To Acquire Fortress Trust But Will Keep Its Stake In The Firm
by Ondrej Simon
In a surprising turn of events, Ripple has confirmed it has decided against the outright acquisition of Nevada-based chartered trust company Fortress Trust, just 20...
Crypto Exchange Kraken Enters TradFi; To Offer Stock Trading As Soon As 2024
by Ondrej Simon
Cryptocurrency exchange Kraken intends to expand its services in 2024 to include trading in traditional US-listed stocks and exchange-traded funds (ETFs), Bloomberg reported on Wednesday....
JPMorgan’s UK Subsidiary Chase Bans Crypto Payments Following Surge In Fraud And Scams
by Ondrej Simon
Banking juggernaut JPMorgan confirmed that its retail arm, Chase, will block all crypto-related payments for its customers in the United Kingdom. British customers will not...
Ripple’s XRPL Primed For Massive Upgrade That Could Lift XRP Price — Here’s Everything You Need To Know
by Ondrej Simon
XRP has grabbed headlines today with the introduction of a ground-breaking XRPL infrastructure upgrade. Meanwhile, $XRP — the native cryptocurrency of the Ripple network —...
Polygon Unveils Series Of Proposals For New POL Coin
by Ondrej Simon
In a significant development, the Polygon project team has unveiled a series of proposals to transform its ecosystem with the upcoming Polygon 2.0 update. In...
Ripple CEO Fortifies Legal Team With Renowned Attorney As SEC’s XRP War Heats Up
by Ondrej Simon
Ripple boss Brad Garlinghouse has beefed up his legal team amid the ongoing legal turmoil between the payments firm and the U.S. Securities and Exchange...
Biggest Crypto Hack Of 2023: Mixin Network Shuts Down Withdrawals After Losing $200M To Hackers
by Ondrej Simon
Mixin Network has suspended all deposits and withdrawals from its platform after a suspected hacker drained millions of dollars worth of tokens from the site...