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Kraken Co-Founder Jesse Powell Blasts SEC as ‘Top Decel,’ Says Crypto Should Exit US

Kraken co-founder Jesse Powell did not mince words recently when he criticized the United States Securities and Exchange Commission (SEC) for suing his cryptocurrency exchange. Powell denounced the regulator as the "USA's top decel" and warned other crypto companies to leave the "US warzone"...

, by Trent Alan

Cambodia’s Bakong Digital Currency Teams Up with Alipay for Expanded Reach

In a move to enhance cross-border payments, Cambodia's Bakong digital currency system, a component of the National Bank of Cambodia (NBC), has entered into a memorandum of understanding (MoU) with Chinese payment provider Alipay, Cambodia’s Phnom Penh Post recently reported. Following...

, by Fredrik Vold

De.Fi 2.0: Revolutionizing SocialFi & Antivirus, Secures $5 Million in Funding

De.Fi, a platform that describes itself as a “SocialFi & Antivirus SuperApp,” has achieved a major milestone with the introduction of decentralized finance (DeFi) platform De.Fi 2.0, along with an ongoing public sale of its DEFI token. So far, the project has successfully...

, by Fredrik Vold

Terra Luna Classic Price Prediction as Online AI Prediction Tool Says LUNC Will Fall to $0 – What’s Going On?

The Terra Luna Classic price has dropped by 3% today, with its fall to $0.00007531 coming as the wider market suffers a 1% dip in the past 24 hours. LUNC has also lost 4% in a week, although the altcoin holds onto a 14% gain in a fortnight and a 30% increase in the last 30 days. Yet...

, by Simon Chandler

Tencent, Huawei Make Bold Moves in Web3 Amid China’s Crypto Constraints

Tencent and Huawei, two major Chinese tech giants, are making notable strides in the Web3 space despite the country's stringent regulations on cryptocurrency trading. At the Staking Summit in Istanbul, a two-day conference featuring top minds in proof-of-stake (PoS) protocols, Tencent...

, by Ruholamin Haqshanas

FTX-Linked Anthropic Declines OpenAI’s Merger and Leadership Offer

Amid leadership changes at OpenAI, Anthropic, backed by FTX, has turned down an offer to merge and take on a leading role, according to The Information. The Information reports that after OpenAI’s board fired the former CEO Sam Altman, the company approached its rival company Anthropic...

, by Hongji Feng

Trial of Bithumb Operator’s CEO Begins

The trial of Lee Sang-jun, the CEO of the crypto exchange Bithumb’s parent company, has begun in Seoul, South Korea. Lee (54), the CEO of Bithumb Holdings, is being tried alongside the former pro golfer and celebrity Ahn Seong-hyeon (42) on charges of “soliciting the...

, by Tim Alper

Senator Cynthia Lummis Slams SEC for its “Ruling by Enforcement” Approach Following Kraken Lawsuit

Senator Cynthia Lummis has criticized the Securities and Exchange Commission (SEC) for its current approach to cryptocurrency regulation. In a recent post on X (formerly Twitter), the senator accused the agency of relying on a "ruling by enforcement" strategy, highlighting that crypto asset...

, by Ruholamin Haqshanas

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks. Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only...

, by Jai Pratap

SEC Accuses Kraken of Operating Unregistered Platform, Kraken Responds

The U.S. Securities and Exchange Commission (SEC) has initiated legal proceedings against the cryptocurrency exchange Kraken, claiming it has been operating an unregistered securities trading platform. The SEC filed the lawsuit in North District of California against the parent firms of...

, by Hongji Feng

Chinese Police Bust $140 Million Crypto Money Laundering Ring

China’s law enforcement agency in Wuhan arrested 27 individuals involved in a sophisticated crypto money laundering and crime operation involving 1 billion yuan, approximately $140 million. The arrests were made in provinces and cities such as Deyang in Sichuan, Changchun in Jilin, and...

, by Jai Pratap

Apple Faces Class Action Lawsuit Over Blocking P2P Payments for Crypto Apps

Apple is facing a class-action lawsuit that alleges the tech giant has engaged in a conspiracy to limit peer-to-peer payment options on its devices and block the integration of crypto technology in iOS payment apps. The complaint, filed on November 17 in a California District Court by Venmo...

, by Ruholamin Haqshanas

Top Global Banks Reveal $10.27 Billion in Crypto, XRP Among Top Investment

Major global central banks, spanning Europe, North America, and other regions, have revealed a significant investment in crypto, with XRP emerging as a preferred digital asset. According to the Basel Committee on Banking Supervision (BCBS), a global regulatory authority on banks, 45 member...

, by Jai Pratap

CZ and Crypto Denizens Start BTC Halving Countdown – Will Bitcoin Hit New ATH?

The forthcoming Bitcoin halving event is already generating excitement in the crypto community. Joining the fanfare, Changpeng Zhao, CEO and founder of the world's largest Bitcoin exchange, Binance, tweeted the countdown for the approaching halving event. As per the image shared on his...

, by Jimmy Aki

Canadian Regulators Call for Feedback on Crypto Reporting Guidelines

Canadian regulators launched a consultation today asking for feedback in regards to public disclosure of crypto assets from federally regulated financial institutions (FRFIs). Digital innovation internationally “Digital innovation is transforming how we transact, manage money, and view...

, by Julia Smith

Celsius’ Path to Recovery Hindered by SEC Challenges: Report

Bankrupt cryptocurrency lending company Celsius’ recovery plan has hit a road block with the US Securities and Exchange Commission. Coindesk reported on Monday that the SEC wants more information about the bankrupt crypto lender’s assets, citing a source familiar with the matter. A continuous...

, by Brian Yue

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