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…
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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…
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…
Impact of Central Bank Policies on Cryptocurrency Trading in Nigeria Through 2024
In the evolving landscape of global finance, peer-to-peer (P2P) cryptocurrency trading has carved a significant niche, especially in regions where traditional banking constraints and economic challenges prevail. Nigeria, Africa’s largest economy, has witnessed a substantial growth in P2P crypto trading,…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Brain Kelly Reveals The Impact Of The Last Halving- Is 450% Bitcoin Surge Close?
In a recent interview with CNBC, Brian Kelly discusses the big effect of the last halving, mentioning a huge 450% increase in Bitcoin’s worth. This increase shows how halving events really impacts Bitcoin’s path. People wonder: Will history repeat itself…
Federal Prosecutors Investigate Block’s Compliance Lapses Over Crypto Transactions, NBC Reports
Federal prosecutors are intensifying their scrutiny of Block’s crypto unit amid allegations of compliance lapses. A source familiar with the matter revealed to NBC News that investigators are collaborating with whistleblowers to probe the company’s practices. “From the ground up,…
Coinbase Faces New Class Action Lawsuit Alleging Violations of State Security Laws
In a recent development, Coinbase, a US-based cryptocurrency exchange, finds itself embroiled in a new class-action lawsuit filed in the Northern District of California. The plaintiffs contend that Coinbase has knowingly and intentionally violated state security laws by offering and…
Roger Ver Role in Bitcoin Growth and His Legal Battles with $50m at Stake
In a startling turn of events, Roger Ver, a prominent figure in the early days of cryptocurrency and sometimes referred to as Bitcoin Jesus, has been charged with mail fraud, tax evasion, and filing false returns. The charges, brought forth…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
