Court denies Kraken’s motion to dismiss SEC lawsuit

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The hacker who stole over $46 million from the DeFi protocol KyberSwap has released a list of demands, including total control over the Kyber company and all its

In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors. 1277 Total views 17 Total shares The Avalanche Foundation, the organization behind the Emin Gün Sirer-founded blockchain protocol Avalanche, has raised $12 million in a new private token sale.According to an announcement on June 25, the…

Competition among institutional Bitcoin services continues to heat up as fees are slashed in time for a fresh herd of investors entering. 2047 Total views 17 Total shares Bitcoin (BTC) institutional investment firm NYDIG has staged an abrupt price cut for investors using it to gain exposure to BTC price action.In a press release on…

Today is Saint Valentine’s Day, and in honor of this most romantic of holidays, Cointelegraph presents five of the crypto community’s most notable unions and breakups of the past 12 months.Kelly Lynn Loeffler and BakktKelly Lynn Loeffler split from the crypto world in 2019, but can you blame her? Loeffler left Bitcoin futures exchange Bakkt,…

The company said it intends to use the proceeds for construction costs and rigs at its Texas crypto mining facility, expected to be operational in 2022. 842 Total views 55 Total shares United Kingdom-based crypto mining company Argo Blockchain will be funding part of the building and equipment of its planned 800-megawatt data center in…

Despite the plans to turn the region into a bustling crypto hub, the United Kingdom’s financial watchdog says it has given the all-clear to only 41 out of 300 crypto firm applications seeking regulatory approval to date.The U.K. Financial Conduct Authority (FCA) implemented the new cryptocurrency-focused regulations on Jan. 10, 2020, to supervise businesses operating…

The stablecoin issuer has once again explained that its investment in Celsius has no impact on its USDT reserves. 344 Total views 15 Total shares Tether’s Bitcoin (BTC)-denominated loan to Celsius Network has been fully liquidated without a loss, easing concerns that the stablecoin issuer may have oversized exposure to the embattled crypto lender.In a…

Bitcoin (BTC) dropped to within $15 of $6,500 on Nov. 25 after another day of significant losses obliterated previous support levels.Cryptocurrency market daily overview. Source: Coin360Bitcoin comes within an inch of $6,500Data from Coin360 shows BTC/USD bouncing off the significant $6,500 barrier, having fallen 7% in the past 24 hours. The cryptocurrency’s weekly downturn currently stands…