Kraken launches derivatives trading in Bermuda with BMA license
The crypto exchange is expanding its offerings in Bermuda as the US SEC goes after it on its home turf.
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Bybit crypto exchange suspends services in South Korea
Amid the looming regulatory deadline in South Korea, a major crypto exchange is closing up shop in the country. 351 Total views 6 Total shares Bybit, one of the world’s top cryptocurrency derivatives exchanges, will halt some of its services to South Korean users ahead of a licensing deadline.The exchange officially announced on Friday that it…

US senator Toomey introduces stablecoin bill as congressional session wraps up
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session. 1269 Total views 9 Total shares Own this piece of crypto history Collect this article as NFTRepublican Senator Pat Toomey, who is set to retire from U.S. Congress at the end of the term,…

Study: Pump and Dump Schemes Account for 7$ Million of Monthly Trade Volume
A recent study has found that pump and dump schemes account for about $7 million worth of trading volume per month, MIT Technology Review reported Dec. 4. The analysis was performed by researchers Jiahua Xu and Benjamin Livshits at Imperial College London.A pump and dump scheme is a form of securities fraud that has also…

Sarah Silverman sues Meta and OpenAI for copyright violations
Author Sarah Silverman, and two others, opened a lawsuit against OpenAI and Meta for using copyrighted work to train their AI systems without permission. The American comedian and author Sarah Silverman, along with two other authors, Richard Kadrey and Christopher Golden, have filed lawsuits against Meta Platforms’ LLaMa and OpenAI’s ChatGPT over copyright infringement.Meta and…

This $25K BTC price target would spell misery for Bitcoin shorters
Bitcoin (BTC) has an important new price target for bulls to meet — and it is closer than it seems.As noted by Philip Swift, co-founder of trading suite Decentrader, $25,000 is now a critical BTC price level.Bitcoin price rally near "a lot of liquidity"After putting in 40% gains in January, Bitcoin continues to consolidate around…

‘Magnificent seven’ tech stocks tumble a whopping $280B as crypto surges
More than $280 billion has been wiped from the “magnificent seven” tech stocks following the release of several earnings reports on Oct. 25, triggering fears of a looming tech recession.The so-called “magnificent seven” refers to the top seven blue-chip tech firms including Apple, Microsoft, Meta, Amazon, Alphabet, Nvidia, and Tesla — who combine to make

Why is XRP price up today?
XRP price is up today as the broader crypto market rallies ahead of this week’s Federal Reserve interest rate decision.

Europe not a top priority for Sam Altman’s Worldcoin, exec says
A Worldcoin executive said the company sees a “larger dynamic” in non-European countries, including those in the Asia-Pacific and Latin America regions.