Court denies Kraken’s motion to dismiss SEC lawsuit
The SEC alleges Kraken is operating an unregistered securities exchange.
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Algorand aims to convert network transaction fees into carbon offsets
The smart contract will automatically allocate part of the Algorand blockchain’s transaction fees to purchase carbon credits at the carbon offset marketplace ClimateTrade. 224 Total views 27 Total shares Proof-of-stake blockchain protocol Algorand will implement a smart contract that will automate the offsetting of the network’s carbon emissions.In a recent announcement, Algorand revealed that a…

Tech Entrepreneur Offers Bitcoin Bounty in Campaign Against Vox
Balaji Srinivasan has offered $1000 in Bitcoin to the first Twitter user who can get Vox’s technology news website Recode to retract a story about Silicon Valley’s ‘overreaction’ to COVID-19 in February.The former CTO of Coinbase made the offer on Twitter today. He specifically targeted Kara Swisher, the co-founder and editor-at-large of Recode.Srinivasan says he…

Buying Bitcoin is like entering a minefield, Bank of Russia exec says
The Bank of Russia has expressed concerns over the increasing number of local investors pouring their money into Bitcoin. 528 Total views 4 Total shares The Russian central bank has once again reiterated its negative stance on Bitcoin (BTC), with one of the bank’s top executives comparing the cryptocurrency with a pyramid scheme.Sergey Shvetsov, the…

Bitcoin bulls’ run toward $45K could produce tailwinds for UNI, OP, TIA and STX
The S&P 500 Index (SPX) achieved its highest close of the year last week, and Bitcoin (BTC) also hit a new 52-week high, indicating that risky assets remain strong going into the final few days of the year. Some analysts believe Bitcoin is done with its rally in the short term and may roll over. Popular

Former CFTC chairman says stablecoins can be a bridge between two worlds
Timothy Massad, the former CFTC chairman, highlighted the benefits of stablecoins and urged regulators not to discredit their utility when it comes to regulations. 100 Total views 1 Total shares The previous chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention being paid to the stablecoin…

Will Bitcoin hit $110K in 2023? 3 reasons to be bullish on BTC now
Bitcoin (BTC) may follow stocks on a “massive bull run” as the weekly chart delivers a unique sign of strength.The latest analysis from several well-known crypto names suggests it is time to give up the bear market narrative.Despite everyone talking about a new macro BTC price low, possibly at $12,000, new perspectives demand a rethink.Be…

GME drops 14% as GameStop announces plans to sell up to 3.5M shares
After skyrocketing above $370 following the Reddit-driven short squeeze, GameStop shares are now trading at around $160. 3712 Total views 20 Total shares GameStop Corporation, an American gaming and consumer electronics retailer, has announced its plans to sell up to 3.5 million GME shares following the stock’s massive and controversial rally.The firm announced Monday that…

Karura launches decentralized exchange on Polkadot and Kusama
Karura Swap has opened trading for the Kusama/Karura — KSM/KAR — pair as the platform becomes one of the first DEXes to launch on Polkadot and Kusama. 51 Total views 1 Total shares Karura, the Polkadot (DOT) implementation of the Acala protocol, launched its decentralized exchange (DEX) platform Karura Swap.According to the announcement issued on…