Court denies Kraken’s motion to dismiss SEC lawsuit

Former Bakkt CEO Kelly Loeffler sent documentation concerning her stock trades to the Justice Department amid insider trading accusations. 595 Total views 19 Total shares The former chief executive officer of both Bakkt and the New York Stock Exchange’s parent company Intercontinental, U.S. Senator Kelly Loeffler, has handed over documentation concerning her trading activities to…

A diverse cross-section of investors from the crypto sector participated in the raise, including Litecoin founder Charlie Lee. 317 Total views 5 Total shares Digital asset manager and Bitcoin (BTC) ETF proponent Valkyrie Investments recently concluded a $10 million Series A funding round, once again highlighting growing investor interest in crypto-focused firms. In addition to Charlie…

One of cryptocurrency’s biggest hedge funds says it will keep avoiding XRP and Stellar (XLM) because their supply is too centralized.In an interview with YouTube series Thinking Crypto on April 10, Mark Yusko, CEO of Morgan Creek Digital, confirmed that its policy on the two altcoins would stay unchanged.Yusko: We don’t own XRP or Stellar“We…

In the depths of the bear market, a new NFT community “brought the energy back into the Solana ecosystem.”

In this episode of Hashing It Out by Cointelegraph, host Owusu Akyaw interviews Pavel Bains, co-founder and CEO of Bluzelle, about decentralized physical infrastructure networks (DePINs).

Bitcoin has been stuck inside a tight range in August. Glassnode lead on-chain analyst Checkmate highlighted that the spread between the upper and lower Bollinger Bands for Bitcoin has shrunk to 2.9%, its third-tightest ever. Typically, periods of low volatility are followed by a range expansion. The longer the time spent inside a range, the stronger the…

USD Coin (USDC), the world’s second-largest stablecoin, may simply have been in the wrong place at the wrong time. The place was Silicon Valley Bank (SVB), a commercial bank with $209 billion in assets, where USDC issuer Circle had deposited $3.3 billion of its cash reserves for safekeeping. The time was the present: one of rapidly…

The unfolding short-squeeze on GameStop stock to the detriment of major hedge funds "could not be allowed to continue." 2514 Total views 13 Total shares Robinhood, the stock trading app formerly popular with millennials, is facing another class-action suit, following its recent temporary suspension of purchases of GameStop and other “meme-stocks” through its platform.The lawsuit,…

The decentralized finance space has grown exponentially over the last few months, to the point where more than $9 billion worth of crypto assets were locked in its protocols before crypto prices started dropping. The space had a little over $500 million locked in back in September 2019.This exponential growth in the last few months…