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News and Articles by Anahit

Kraken crypto exchange SEC

Kraken’s Incoming CEO Has No Plans to Register With the SEC


Crypto exchange Kraken's newly appointed CEO Dave Ripley said he has no intentions to register with the US Securities and Exchange Commission because Kraken doesn't offer users to trade securities. According to Reuters, the executive added that there are no plans to delist any securities that the...

Do Kwon Terra Luna

Interpol Released Red Notice for Terra Luna Founder Do Kwon


Interpol is looking for Terraform Labs co-founder Do Kwon. The organization issued a red notice for him. According to a report by Bloomberg, Interpol requested law enforcement worldwide to locate and arrest Do Kwon related to the $60 billion worth of cryptocurrencies wiped out of the market. ...

CFTC DAO crypto

CFTC Sues a DAO for the First Time


The US derivatives markets regulator CFTC (Commodity and Futures Trading Commission) filed a lawsuit against the Decentralized Autonomous Organization bZeroX and its founders Tom Bean and Kyle Kistner. CFTC claims that the DAO has facilitated margined and leveraged retail commodity transactions,...

Cardano ADA blockchain

Cardano Completed Its Vasil Hard Fork With Success


The Cardano blockchain finalized its Vasil hard fork which is supposed to level up the network performance. Input Output Hong Kong (IOHK), the company standing behind the development of Cardano tweeted that Vasil is the most important update of the protocol. According to IOHK, the update will...

SEC Ripple XRP

XRP Grows 60% in a Week While the SEC vs Ripple Case Gets Tougher


Ripple's native token, XRP saw a price increase of around 60% in the last 7 days. Currently, the coin trades at about $0.5 with a market cap of over $25.8 bln. XRP is the 6th largest cryptocurrency at the moment. Replying to one of the members of the XRP community, Ripple CEO Brad Garlinghouse...

Colorado cryptocurrencies

Colorado Becomes the 1st US State to Allow Tax Payments in Crypto


Colorado becomes the first state in the USA that allows residents to use crypto for tax payments. Governor Jared Schutz Polis revealed the news at Denver Startup Week, saying that Colorado is showing again from a customer service point that it's technologically advanced and inclined to meet the...

SEC vs Ripple news

SEC and Ripple Applied for a Summary Judgment in the Court


Amid the ongoing SEC vs Ripple case, both parties applied for a summary judgment to get a ruling whether XRP is a security and whether Ripple violated the law by selling coins. Filings were submitted in the U.S. District Court Southern District of New York. These types of applications are filed...

VARUS crypto

Ukrainian Supermarket Chain VARUS to Accept Crypto Payments


Ukraine-based supermarket chain VARUS partners with Binance to allow crypto payments through Binance Pay technology. According to an announcement by Binance, customers can make instant crypto transactions in the capital Kyiv and 8 other Ukrainian cities. VARUS is one of the largest stores in...

UK FCA crypto news

UK Financial Regulator Warns Against Crypto Exchange FTX


The Financial Conduct Authority issued a warning against the crypto exchange FTX saying the company offers services or products in the UK without having permission. According to the official statement, almost all firms and individuals offering, promoting, or selling financial services and products...

Bitcoin Ether crypto

Bitcoin Fell Below $19,000 and Ether Below $1400 amid Inflation Fight


Governments all over the world continue to fight high inflation and financial markets remain uncertain. A new report by the World Bank predicts that global growth is slowing sharply and likely more countries will fall into recession. Cryptocurrency prices are down amid the current trends. The total...

Infura blockchain

Development Suite Infura Plans to Launch Decentralized Protocol


Blockchain development infrastructure provider Infura plans to deploy a decentralized protocol next year to offer developers a new model for building and launching Web3 products. The team announced the news at the ETHBerlin hackathon on Friday. With the step, Infura will decentralize its Web3 API...

Michael Saylor Bitcoin Ether

Michael Saylor Says Bitcoin Is Stronger After the Ethereum Merge


Michael Saylor, co-founder of the business analytics company MicroStrategy finds that Bitcoin is becoming stronger after the upgrade of the Ethereum blockchain. The Ethereum Merge was finalized on Sept. 15, moving the blockchain from the Proof of Work consensus mechanism to Proof of Stake. With the...

Celsius Network stablecoin holdings

Celsius Files for a Court Approval to Sell Its Stablecoin Holdings


Bankrupt cryptocurrency lender Celsius submitted a filing with the aim to receive a court approval to sell its stablecoin holdings to receive liquidity that will help fund operators. A court filing discloses that Celsius owns 11 forms of stablecoins worth around $23 M. In a case, the judge approves...

Nassim Taleb crypto

Author Nassim Taleb Says Bitcoin Is a Tumor


Nassim Taleb, the author of Black Swan, said in a recent interview that creating tumors like Bitcoin hurts the economy. During Squawk Box, he expressed an opinion that we've had 15 - 14 and a half years of Disneyland that has destroyed the economic structure. According to Taleb, anyone who's...

White House cryptocurrencies

White House Released a Report on Crypto Regulations


The Biden administration issued a framework on crypto regulations in the US. The report explores ways how the financial services industry should evolve to make borderless transactions easier and how to fight crypto crimes. It considers existing regulators like the SEC and the CFTC, but there isn't...

China crypto adoption

China Is Among the Top 10 Countries by BTC Usage Despite the Ban


According to the 2022 global crypto adoption report by the blockchain data platform Chainalysis, crypto adoption slows worldwide in a bear market. However, it is still above the pre-bull market levels. Growing constantly since mid-2019, this year the total crypto adoption has leveled off. Based on...

Thailand crypto lending

Thai SEC Bans Crypto Staking and Lending Services


Thailand’s Securities and Exchange Commission has banned crypto companies from providing staking and lending services. According to the official statement, the regulator prohibits digital asset businesses to offer or support crypto depository services, including the payment of returns to...

Ethereum Merge Finalized

Ethereum Merge Completed, a New Era for the Blockchain Starts


Ethereum Merge happened on September 15, Google says. The big update was finalized a few hours ago. Ethereum co-founder Vitalik Buterin congratulated the community on Twitter, saying everyone who helped the process to come true should feel very proud today. And we finalized!Happy merge all. This is...

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