Kraken Charged by the Securities and Exchange Commission for Non-Compliance
Today, Payward Inc. and Payward Ventures Inc., collectively referred to as Kraken, were charged by the Securities and Exchange Commission (SEC) for running Kraken's crypto...
Tether $1B Deposits at Tory Donor’s Investment Group Involved in High Court Battle
Global largest stablecoin issuer, Tether, features in a high court battle for the $1 billion deposit in an investment group established by the Tory party...
United Kingdom to Delay AI Regulation, Instead Prioritizes Security and Innovation
While United States legislators attempt to incorporate guardrails around artificial intelligence, a UK minister shuns politicians’ ‘haste to regulate the technology at infancy phase. Policymaking...
BitGo Chief Executive Warns of Bitcoin ETF Approval Delay
BitGo chief executive Mike Belshe is pessimistic about the US Securities and Exchange Commission approving the pending Bitcoin Exchange Traded Fund (ETF) application, alleging market...
Department of Justice Charges Three Perpetrators of $10M Crypto Laundering Scheme
The US Department of Justice (DoJ) announced charges against three men behind a $10 million crypto laundering scheme. The alleged scammers are alleged to initiate...
Discord Confirm Plans to Deactivate Clyde AI Chatbot on December 1
A recent post on Thursday, November 16, from gaming communications company Discord confirmed the plans to deactivate the Clyde artificial intelligence (AI) beta on December...
CFTC Chair Laments Absence of Authority to Avert FTX-Like Collapse in Crypto Markets
The Commodity Futures Trading Commission (CFTC) chair Rostin Behnam decried the Congress's delay to empower the agency with supervisory power over digital assets markets. The...
Crypto Industry Weighs on FDIC’s Sexism and Strip Club Misconduct
As the FDIC prepares to appear before the Senate tomorrow, some industry leaders are questioning who will benefit from the row. A newspaper report published...
Ethereum Layer-2 Optimism Taps Ex-Polygon Studios CEO Ryan Wyatt
Optimism Unlimited has, on its Monday, November 13, unveiled former Polygon Studios chief executive Ryan Wyatt. Wyatt joins the Ethereum layer-2 scaling network four months...
Justin Sun’s Poloniex Suffers $126 Million Exploit
News shared by a Korean media outlet reveals another Justin Sun-affiliated crypto platform suffered a breach with a hundred-million-dollar loss. The unfortunate incident prompted an...