South Korea announced its first independent sanctions related to cryptocurrency theft and cyber attacks against certain North Korean groups and individuals. According to Seoul’s Ministry of Foreign Affairs, four North Korean individuals and seven businesses have been blacklisted for their…
In a highly controversial move, the US Securities and Exchange Commission (SEC) fined crypto exchange Kraken $30 million yesterday and forced it to shut down its staking product. In an announcement Thursday, regulators announced that Kraken failed to register its…
The launch of an exchange project backed by bankrupt hedge fund Three Arrows Capital (3AC) attracted many angry community members who took to Twitter, expressing their disappointment with the state of the crypto space. Open Exchange, a crypto exchange project…
One of the largest Bitcoin ATM operators in the US and Brazil, Coin Cloud, submitted for Chapter 11 Bankruptcy on January 8, after the firm received a heavy blow from the future of crypto and the implosion of FTX, which…
Paxos Trust Company – the New York-based stablecoin issuer behind Binance USD (BUSD) and Paxos Dollar (USDP) – is reportedly being investigated by the New York Department of Financial Services (NYDFS). “People familiar with the matter” told Bloomberg in a…
The crypto market has experienced a slowdown since the rejection of bitcoin at $ 24,000 and dropped below $ 23,000. However, there are some cryptocurrencies that still find a way to register upward momentum even at a time when the…
Bitcoin (BTC) mining company CleanSpark plans to continue its strategy to collect distressed mining company assets this year. The Bitcoin miner released its fiscal Q1 earnings presentation on February 9, where the company remained optimistic about the year ahead and…
Is NFT music back? Industries ripe for disruption are often cited as perfect targets for decentralized players to shake up. While several platforms have entered the scene, none have yet proven to be an industry powerhouse. Enter VAULT, a new…
The Securities Exchange Commission (SEC) charged two subsidiaries of crypto exchange Kraken, Payward Ventures Inc and Payward Trading Ltd, for failing to register and offer a staking-as-a-service program. Kraken agreed to immediately stop offering or selling securities through its crypto…
Ethereum co-founder and crypto entrepreneur Joseph Lubin believes that Ether (ETH) will not be classified as a security in the United States. Cointelegraph spoke with Lubin, co-founder of Ethereum and founder of blockchain technology company ConsenSys, in Tel Aviv at…