CFTC slaps $36M fine on man for 5-year crypto investor fraud

Since plunging to the $29,000 range in late June, Bitcoin’s price has recovered more than 72%. 551 Total views 32 Total shares The Bitcoin (BTC) price was back on the offensive late Sunday, touching $50,000 for the first time since May and signaling that the bull market was fast approaching its second leg. The BTC price…

The AtomicDEX API claims to be compatible with 99% of cryptocurrencies in existence. 550 Total views 17 Total shares On Wednesday, Komodo, a multichain architecture network, announced the introduction of 12 protocols on its non-custodial multi-coin software wallet and atomic swap-powered decentralized exchange AtomicDEX. The 12 protocols consist of Avalanche, Polygon, Harmony, Fantom, smartBCH, Ethereum…

Golden, which has now raised roughly $60 million in cumulative funding, also receives a16z general partner Ali Yahya to its board. 205 Total views 3 Total shares Decentralized knowledge protocol Golden has closed a $40 million funding round led by venture firm Andreessen Horowitz, or a16z, with additional participation from Protocol Labs, OpenSea Ventures and…

Ripple chief legal officer Stuart Alderoty said the firm had agreed to drop its cross-appeal with the SEC and will be refunded roughly $75 million from an August 2024 judgment. 1927 Total views 1 Total shares Blockchain firm Ripple Labs’ case with the US Securities and Exchange Commission (SEC) may be officially wrapped up after

A new report conducted by Tecnalia Research and Chainlink Labs asserts that blockchain and oracles can help fix climate issues. 186 Total views 7 Total shares New dynamics in the energy sector are compelling providers to shift to sustainable and clean energy to combat climate change. While many challenges accompany the clean energy transition, a…

An estimated $148.7 billion worth of stablecoins are still in circulation. 98 Total views 16 Total shares

During 2017’s bull market, most crypto services lacked the proper Know Your Customer and Anti-Money Laundering measures. Even in 2020, 56% of the analyzed 800 cryptocurrency exchanges and over-the-counter trading desks followed weak KYC practices, according to a CipherTrace report. However, the current digital asset rally has turned the crypto market upside down.As a result,…

Coinone Global Exchange (CGEX), a Malta-based crypto exchange launched by major South Korean exchange Coinone, will terminate its service in mid-September.Less than a year in operationAccording to an announcement on Aug. 12, the exchange will shut down services at 2:00 a.m. UTC on Sept. 18. CGEX initially launched in October 2018.CGEX placed a services termination…

While cryptocurrency markets are experiencing another crash this Monday, major digital asset platform Bakkt has some good news.Referred to as one of the most promising crypto-related initiatives for its physically settled Bitcoin (BTC) futures, Bakkt has now raised an additional $300 million to continue developing digital asset-focused services, the firm’s new CEO Mike Blandina announced…