The ongoing legal battle between Kraken, a prominent cryptocurrency exchange, and the US Securities and Exchange Commission (SEC) has intensified with a recent filing by Kraken. In their reply to the SEC’s letter, Kraken challenges the agency’s case, claiming that…
Bitcoin Halving Event Sparks Concerns Over Mining Revenue and Market Impact
Cryptocurrency enthusiasts and investors have been closely following the recent developments in the Bitcoin mining industry. According to researcher Kaiko, a significant shift in the cryptocurrency market is on the horizon due to a substantial decrease in revenue for Bitcoin…
WorkoutApp and SKALE Collaboration for Gas-Free Fitness Rewards and Scalability
When it comes to prioritizing health and fitness, countless efforts have been made throughout history to incentivize individuals. One concept that has emerged is the move-to-earn model, which inspires people to turn their physical activities into tangible rewards. However, like…
JPMorgan Chase Reveals Holdings in Spot Bitcoin ETFs Through SEC Filing, in spite its CEO Jamie’s critic on Bitcoin
In a recent filing with the Securities and Exchange Commission (SEC), JPMorgan Chase, the largest bank in America, has disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). This revelation provides specific insights into the bank’s holdings of spot Bitcoin…
US Justice Department Appoints FRA as Binance Monitor Following $4.3 Billion Plea Deal
In a significant development, consulting firm Forensic Risk Alliance (FRA) has been chosen by the United States Justice Department to fulfill the role of an outside monitor for Binance Holdings Ltd. This decision comes after Binance pleaded guilty to violating…
Coinbase Sued for Securities Violations and Illegal Business Practices
Coinbase faces a class-action lawsuit alleging securities violations and an illegal business model. The lawsuit claims that Coinbase knowingly violated state securities laws through its digital asset sales. Tokens targeted in the lawsuit include Solana, Polygon, Near Protocol, Decentraland, Algorand,…
India Grants Binance and KuCoin Approval Signaling Shift in Crypto Industry Credibility
In a significant development for the cryptocurrency industry, Binance and KuCoin, two prominent offshore crypto platforms, have received approval from India’s Financial Intelligence Unit (FIU-IND), the anti-money laundering unit under the country’s Finance Ministry. This comes after a previous ban…
Althea Enhances Telecom and Utilities with New Blockchain Technology
Althea, an innovative company in the telecom and utilities industry, is dedicated to transforming the infrastructure landscape and reshaping the funding, construction, and operation of networks. Through the incorporation of the Interchain Stack and the introduction of the Althea L1…
Donald Trump to Accept Cryptocurrency for 2024 Campaign Donations
In a recent development, former U.S. President Donald Trump has made a significant statement regarding his acceptance of cryptocurrency for campaign donations. The announcement, captured in multiple video clips uploaded by Frank Degods, a prominent non-fungible token (NFT) creator and…
U.S. Department of Justice Charges Cryptocurrency Wallet Developers in Major Legal Shift
In recent developments, the U.S. Department of Justice (DOJ) has initiated criminal charges against cryptocurrency wallet developers, marking a significant shift from the longstanding governmental stance that such developers are not money transmitters. This article delves into the intricacies of…