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Latest Blockchain and Crypto News

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. ...


The first crypto exchange registered in Israel


In November 2021, the Israeli authorities introduced mandatory licensing of crypto companies. Blockchain startups and bitcoin exchanges must register with the Capital Markets Authority database to operate legally on the domestic market. The first crypto exchange received a license from the Israeli...

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,...


Coinbase used its reserves to speculate in the market


The American exchange Coinbase used its financial reserves for speculation in the cryptocurrency market. According to the Wall Street Journal, the company was trading through its risk management division. Last year, Coinbase hired four traders from Wall Street. This team was engaged in investments...

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...


The first crypto company received a license from the Estonian authorities


Estonia stopped the registration of bitcoin businesses in the fall of 2021 and revoked all of their permits. A new registration procedure for businesses that represent the blockchain sector began this year. Striga was the first group to be granted such a permit. According to the Financial...

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...


Bloomberg recorded a growth in correlation between BTC and the S&P 500


At the end of August, the dependence of bitcoin on the US stock market decreased. However, already in September, the trend changed, and Bloomberg analysts drew attention to the increased correlation between BTC and the S&P 500 index. The correlation coefficient rose to 0.72 points, but it is...

Jamie Dimon

Jamie Dimon again criticized bitcoin


JPMorgan CEO Jamie Dimon has been critical of bitcoin and other digital currencies over the past few years. The day before, during a speech in Congress, the banker confirmed his negative attitude towards the innovative tool. At the same time, Dimon acknowledged that stablecoins backed by the US...

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...


Solana surpassed Ethereum in terms of the number of transactions


Ethereum (ETH) ranks first in the blockchain ranking in terms of the number of deployed decentralized applications (DApps). However, the Solana network was able to bypass ETH in terms of user activity, the Nansen team said in a report. The researchers found that in the second quarter of 2022, 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...


Ethereum Classic network power skyrocketed by 280% after Merge fork


The hashrate of the Ethereum Classic network has been growing since the end of July. The increase in capacity was the result of the arrival of miners who left Ethereum due to the upcoming Merge fork and ETH’s refusal of the PoW consensus in favor of PoS (Proof-of-Stake). The explosive growth 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...

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