Australia fines Kraken operator $5M for regulatory breaches

Latest news shows an intended bid for Securities and Exchange Commission, or SEC, chairman Jay Clayton as New York's Southern District attorney. 746 Total views 37 Total shares United States Attorney General William Barr announced that President Trump will most likely task Jay Clayton as the legal enforcer for a chunk of New York —…

The Australian Football League (AFL)’s first limited edition drop of non-fungible tokens (NFTs) saw huge takeup on Wednesday, selling out in just under 12 hours. On Aug. 17, the football league launched “Ripper Skipper 2022” through its AFL Mint program, allowing people who joined the "allowlist" to purchase one of 3,800 packs reserved for the drop.AFL…

The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the

Hype is steadily building across the wider cryptocurrency community as the looming Bitcoin mining reward halving draws closer. As the world grapples with the heavy economic downturn spurred on by the ongoing global coronavirus pandemic, the value of Bitcoin has been at odds with conventional stock markets. A driving force behind this trend is the halving,…

Users on social media have been reporting a “glitch” with Chase Banks ATMs that allowed them to withdraw large sums without having sufficient funds in their accounts.

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, is joining crypto-friendly bank Silvergate’s Silvergate Exchange Network (SEN) to speed fiat transfers.Real-time fiat money transfersGemini announced the move in an official blog post on Aug. 27. According to the announcement, the main benefit of the exchange’s partnership with Silvergate is that Gemini’s institutional investor clients…

Venezuela’s government reportedly accepts Bitcoin as a payment method for some passport applications. 779 Total views 12 Total shares Venezuela's Administrative Service for Identification, Migration and Foreigners, known as SAIME, plans to accept bitcoin (BTC) as a new payment method for citizens seeking a Venezuelan passport. The information was originally leaked via a Reddit post…

High-volume candles associated with Bitcoin price dips already occurred on derivatives exchanges this time round, Willy Woo notes. 5075 Total views 40 Total shares Those expecting another Bitcoin (BTC) speculative price dip are looking in the wrong place, one of the industry's best-known analysts suggests.In a Twitter discussion on Dec. 20, Willy Woo, creator of…

German regulators and lawmakers have thus far failed to create a workable legal framework that would provide legal certainty for applications of blockchain technology, representatives from the country’s Free Democratic Party (FDP) have argued.An FDP proposal, entitled “Creating a Sustainable Framework for Distributed Ledger Technology in the Financial Market,” was put forward during a public…