Mango Markets mulls $500K CFTC settlement amid ‘ongoing’ investigation

September 23, 2024
The Last Cryptocurency
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Solana-based decentralized exchange Mango Markets is considering offering the CFTC a $500,000 civil penalty to resolve the regulator’s allegations against the platform.

The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing,…

Users flock to Curve amid lack of stablecoin liquidity on major DEXs

A concentration of stablecoins on a handful of platforms has drained liquidity from others. 404 Total views 22 Total shares In a Tweet posted by user @cryptotutor Friday, a screenshot appears to show a 27% spread between stablecoin Magic Internet Money (MIM) and USD Coin (USDC) trading pair on decentralized exchange, or DEX, Uniswap (UNI).…

Nifty News: Hot Wheels, NBA game ticket NFTs and Crypto.com invests in eBay for NFTs

Crypto.com Capital has made a strategic investment into a multichain NFT marketplace aiming to be the eBay for NFTs, dubbed “Hodooi.com.”The platform is a new startup from Travala Founder Matt Luczynski and will officially launch on Binance Smart Chain (BSC) in Q3 2021, and integrate with Ethereum in the same quarter.The Crypto.org Chain recently upgraded…

Price Analysis 13/11: BTC, ETH, XRP, BCH, LTC, EOS, BNB, BSV, XLM, TRX

Although Bitcoin (BTC) is not showing any trending move, Bakkt and the Chicago Mercantile Exchange (CME) Group continue to roll out products designed to attract the large traders. Bakkt recently announced that it will add a cash-settled futures contract to its existing Bitcoin-settled contract. On the other hand, the CME group plans to offer options…

Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio

Sorare attained a $4.3-billion valuation with a Series B funding round led by the Tokyo-based holding company. 1639 Total views 43 Total shares Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3…

Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning

Potential headwinds are gathering for risk assets as Bitcoin puts FOMC volatility behind it. 624 Total views 35 Total shares Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrading range forms with $20,000 at centerData from Cointelegraph Markets Pro and…

Crypto Exchange Coincheck’s Owner Monex Reveals Plans to Open US Trading Platform

Online broker Monex Group, which bought out hacked Japanese cryptocurrency exchange Coincheck this spring, plans to launch a U.S.-based trading platform, Cointelegraph Japan reported today, July 27. A summary of data from a financial briefing held Friday confirms plans to establish TradeStation Crypto Inc. as a cryptocurrency-focused subsidiary of securities brokerage firm TradeStation, which Monex…

Bitcoin tumbles below $47K wiping out October gains — Bear market begins?

The price of Bitcoin has fallen to two-month lows as volatility bites. 11261 Total views 36 Total shares Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15, when Bitcoin price momentarily came down to nearly $33,000.The…

Ether will always come second to Bitcoin, says Shark Tank’s Kevin O’Leary

“Bitcoin will always be the gold, Ethereum will always be the silver,” said the Shark Tank star. 1178 Total views 10 Total shares Amid the price of Ether reaching an all-time high this week, businessman Kevin O'Leary still believes Bitcoin will stay on top of the token.Speaking to CNBC yesterday, the Shark Tank star said…

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