Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
Related Posts
Chiliz Launches Crypto Exchange for Trading Sports Fan Tokens
Malta-based sports blockchain venture Chiliz is launching a cryptocurrency exchange for sports and entertainment tokens.In a press release shared with Cointelegraph on Jan. 23, Chiliz detailed that the new exchange — Chiliz.net — will roll out in February after the beginning of Fan Token Offerings for all of the Socios.com partner teams. Socios.com is a…
Crypto Exchange Binance Points out a Dusting Attack Against Litecoin
Cryptocurrency exchange Binance claims that a dusting attack against fourth-biggest altcoin, Litecoin (LTC).A large scale attack against privacyThe official Twitter exchange of cryptocurrency exchange Binance claimed that a major attack against users of altcoin Litecoin took place yesterday. The firm made this claim in a tweet on August 9:“Approximately 5 hours ago there was a…
Hong Kong Cyberport Web3 network grows to 270 blockchain firms
Cyberport’s rapid growth includes over 270 Web3 enterprises and initiatives for real-world blockchain applications in Hong Kong.
3 key metrics suggest Bitcoin and the wider crypto market have further to fall
The total crypto market capitalization has fluctuated in a 17% range in the $840 billion to $980 billion zone for the past 28 days. The price movement is relatively tight considering the extreme uncertainties surrounding the recent market sell-off catalysts and the controversy surrounding Three Arrows Capital.Total crypto market cap, USD billion. Source: TradingViewFrom July…
Indian Crypto Exchange BuyUCoin Gets License to Go Abroad
Indian crypto exchange BuyUCoin has sealed regulatory approval from Estonia’s financial watchdog to expand its services abroad. Speaking to Cointelegraph, the exchange’s CEO Shivam Thakral revealed that the platform had received its crypto-fiat license in late 2019, followed by a crypto wallet license this year. In tandem, BuyUCoin also announced its partnership on March 31 with Indian…
Hackathons Benefit From Blockchain Voting, Rewards and Transparency
TAIKAI has announced that it will use the Telos network to facilitate a secure and auditable voting mechanism to evaluate and reward stakeholders in hackathon events. 792 Total views 38 Total shares Hackathon management platform TAIKAI announced June 29 that it would be using Telos network to provide a fully transparent and auditable blockchain voting…
Price analysis 9/13: BTC, ETH, ADA, BNB, XRP, SOL, DOT, DOGE, LUNA, UNI
Bitcoin’s (BTC) failure to make a strong recovery in the past few days has resulted in profit-booking in most major altcoins, threatening to pull the total crypto market capitalization back below $2 trillion.The U.S. equity markets witnessed profit-booking and the S&P 500 dropped by 1.69% last week, suggesting the development of a risk-off sentiment. Charles…
DEX dev Uniswap Labs looks for new funding at unicorn valuation: Report
Uniswap has been previously in talks with NFT lending protocols, planning to tackle liquidity issues and the “information asymmetry” around NFTs. 254 Total views 7 Total shares Major decentralized exchange (DEX) Uniswap is in the early stages of raising significant funds to further expand its decentralized finance (DeFi) offerings, according to a new report.Uniswap Labs,…