SEC nets record $8.2B in fines, Australia considers crypto tax framework: Law Decoded

Bittrex International is launching a digital trading platform that will feature a “streamlined” token approval process and focus on international customers, the company’s blog revealed Monday, Oct. 29.As per the release, new tokens will be approved and listed on the platform “within weeks instead of months.”The new platform will operate within the regulatory framework established…

One of the developers of Bitcoin’s (BTC) Lightning Network has secured $8 million in funding from partners, including a bank partially owned by the French state.State-owned Bpifrance funds Lightning developmentIn a press release published on Oct. 9, Bitcoin technology company ACINQ confirmed the news. This brings its total investment to $10 million.The funding came from…

A company providing nodes for Eth2 stakers was penalized for breaking safety protocols in the pursuit of higher performance. 325 Total views 8 Total shares Staking infrastructure provider Staked said it had learned “an expensive lesson” after 75 of its Eth2 validators were slashed on Feb. 4 from the staking pool as punishment for producing…

The contracts will offer traders a longer time horizon for speculating on the digital asset. 2437 Total views 16 Total shares Bybit announced Thursday that it will roll out a BTC/USD quarterly futures contract on Nov. 30. Two contracts will be offered at launch — BTCUSD1225, settling on Dec. 25, 2020, and BTCUSD0326, which will…

Former baseball player Micah Johnson sold $2 million worth of NFTs depicting his sculpture. 3582 Total views 15 Total shares Micah Johnson, a former MLB player-turned artist, sold a whopping $1 million worth of tokenized art in just one minute on the Winklevoss-owned NFT marketplace Nifty Gateway.The auction, which launched on Feb. 21 and lasted…

The new Democratic party presidential candidate should consider crypto a top priority, according to crypto lawyer Jake Chervinsky in a post on X.

The United Kingdom, the United States, Hong Kong and Singapore have the largest number of registered digital currency exchanges, according to data from Bitfury’s blockchain analytics platform Crystal.Crystal published its “Report on International Bitcoin Flows 2013–2019” on Sept. 9, in which it provides insight into cryptocurrency operations and Bitcoin (BTC) transactions around the world between…

Bitcoin price (BTC) is continuing its bull run June 9 after another 24 hours of upside propelled markets to nearly $13,000.Market visualization courtesy of Coin360Data from Coin360 painted a rosy picture for cryptocurrency traders, with bitcoin still leading the way in terms of daily gains. At press time, BTC/USD was up 11% versus Monday on $12,666.…

A Trend Micro report claims that over 120 fake crypto-focused apps are still operational on the Play Store, some exceeding over 100,000 downloads. 660 Total views 53 Total shares Google has delisted eight allegedly fraudulent mobile apps from its Play Store that were duping crypto enthusiasts by charging fees for an illegitimate cloud mining service. Fraudulent…