#Kraken denies allegations of violating securities laws.
Senator Lummis opposes SEC's unclear rules, urges explicit #regulations for #crypto.
https://coinpedia.org/news/u-s-senator-criticizes-secs-approach-to-kraken-case-cites-customer-impact/
Senator Lummis opposes SEC's unclear rules, urges explicit #regulations for #crypto.
https://coinpedia.org/news/u-s-senator-criticizes-secs-approach-to-kraken-case-cites-customer-impact/
CoinPedia
U.S. Senator Slams SEC’s Case Against Kraken, Cites Customer Impact
The situation in the cryptocurrency world can change for the worse anytime! Now, the Securities and Exchange Commission (SEC) has taken Kraken to court,
Attorney John Deaton discusses SEC's aggressive stance against #crypto, doubts settlements, and criticizes #regulatory overreach.
Deaton praises #Coinbase's compliance, notes #Kraken's $50 million settlement, and expresses concern over SEC's power.
https://coinpedia.org/news/pro-xrp-lawyer-john-deaton-predicts-no-settlement-in-sec-vs-ripple-lawsuit/
Deaton praises #Coinbase's compliance, notes #Kraken's $50 million settlement, and expresses concern over SEC's power.
https://coinpedia.org/news/pro-xrp-lawyer-john-deaton-predicts-no-settlement-in-sec-vs-ripple-lawsuit/
CoinPedia
Pro-XRP Lawyer John Deaton Predicts No Settlement in SEC vs. Ripple Lawsuit
Attorney John Deaton shared thoughts on the fights between the U.S. Securities and Exchange Commission (SEC) and crypto groups. In an interview with
India warns top #crypto exchanges, including #Binance and #Kraken, for AML/CFT non-compliance, considering access restrictions.
Potential URL blocking of major exchanges prompts a shift to P2P platforms, impacting Indian #investors.
https://coinpedia.org/news/india-to-block-top-9-exchanges-urls-including-binance-and-kucoin/
Potential URL blocking of major exchanges prompts a shift to P2P platforms, impacting Indian #investors.
https://coinpedia.org/news/india-to-block-top-9-exchanges-urls-including-binance-and-kucoin/
CoinPedia
India to Block Top 9 Exchanges URLs Including Binance and Kucoin
In a major regulatory move, the Indian government has issued stern warnings to nine top crypto exchanges, including well-known names like Binance, Kucoin,
Unveiling the giants of the crypto arena!
Binance leads the pack with a staggering $18.3 billion in trading volume, while OKX edges into the top 5. Diving deep into the numbers reveals the pulse of the market.
What's your go-to exchange?
#CryptoExchnage #Binance #Coinbase #Kraken #KuCoin #OKX #CoinPedia
Binance leads the pack with a staggering $18.3 billion in trading volume, while OKX edges into the top 5. Diving deep into the numbers reveals the pulse of the market.
What's your go-to exchange?
#CryptoExchnage #Binance #Coinbase #Kraken #KuCoin #OKX #CoinPedia
Top #CryptoNews In Last 12-Hrs
⚡️#Bitcoin Price Hit $45K as Miner Selling Pressure Eases Off
⚡️#Kraken Progresses in the European Market by Acquiring Dutch Regulatory Approval
⚡️GOP Senators Express Concerns to Gensler Regarding Misstatements in SEC's #DEBTBox Investigation
⚡️#DoKwon Granted New Opportunity for Extradition Appeal in Montenegro
⚡️#Bakkt Expresses Optimism in Ongoing Operations Despite Revealing Financial Challenges in Recent SEC Report
⚡️#Bitcoin Price Hit $45K as Miner Selling Pressure Eases Off
⚡️#Kraken Progresses in the European Market by Acquiring Dutch Regulatory Approval
⚡️GOP Senators Express Concerns to Gensler Regarding Misstatements in SEC's #DEBTBox Investigation
⚡️#DoKwon Granted New Opportunity for Extradition Appeal in Montenegro
⚡️#Bakkt Expresses Optimism in Ongoing Operations Despite Revealing Financial Challenges in Recent SEC Report
#Kraken prioritizes user privacy, files motion to protect customer data amidst legal proceedings. #CryptoNews
#Ripple's legal battle with #Zakinov highlights classification of #XRP, with implications for cryptocurrency regulation.
https://coinpedia.org/news/zakinov-vs-ripple-case-heats-up-as-kraken-opens-a-monetary-card-for-users/
#Ripple's legal battle with #Zakinov highlights classification of #XRP, with implications for cryptocurrency regulation.
https://coinpedia.org/news/zakinov-vs-ripple-case-heats-up-as-kraken-opens-a-monetary-card-for-users/
CoinPedia
Zakinov vs. Ripple Case Heats Up As Kraken Opens Monetary Card for Users
Cryptocurrency exchange giant Kraken is standing firm on user privacy amidst legal challenges demanding the disclosure of private XRP transaction data,
Top #CryptoNews In Last 12 Hours
1️⃣ #Coinbase sought to launch perpetual futures contracts in Canada, engaged with #regulators for policy updates. #Kraken and #Gemini also increase Canadian investments.
2️⃣ #Ether's price surges, nearing $3,000 for the first time in almost 2 years, while Bitcoin remains steady. Public holiday in US limits #Bitcoin demand.#Altcoins show potential.
3️⃣ Bitcoin holdings on #Coinbase hit a 9-year low as whales withdraw $1B $BTC, sparking debate on supply shock or over-the-counter liquidity.
4️⃣ The #Cryptomarket saw a $2.45 billion inflow, led by the US. Bitcoin dominated with $2.42 billion. Total Assets Under Management reached $67 billion.the highest since December 2021.
5️⃣ British gov't planned #crypto rules approval by lawmakers within 6 months before 2024 election, addressing regulatory concerns. Announced by Bloomberg.
1️⃣ #Coinbase sought to launch perpetual futures contracts in Canada, engaged with #regulators for policy updates. #Kraken and #Gemini also increase Canadian investments.
2️⃣ #Ether's price surges, nearing $3,000 for the first time in almost 2 years, while Bitcoin remains steady. Public holiday in US limits #Bitcoin demand.#Altcoins show potential.
3️⃣ Bitcoin holdings on #Coinbase hit a 9-year low as whales withdraw $1B $BTC, sparking debate on supply shock or over-the-counter liquidity.
4️⃣ The #Cryptomarket saw a $2.45 billion inflow, led by the US. Bitcoin dominated with $2.42 billion. Total Assets Under Management reached $67 billion.the highest since December 2021.
5️⃣ British gov't planned #crypto rules approval by lawmakers within 6 months before 2024 election, addressing regulatory concerns. Announced by Bloomberg.
#Ethereum's price could surge to $5,200 based on #Kraken OTC's analysis of technical indicators. #cryptonews
Positive fundamentals like reduced supply and the Shanghai hard fork support Ethereum's bullish momentum.
https://coinpedia.org/news/ethers-potential-surge-to-5-2k-kraken-otcs-technical-analysis/
Positive fundamentals like reduced supply and the Shanghai hard fork support Ethereum's bullish momentum.
https://coinpedia.org/news/ethers-potential-surge-to-5-2k-kraken-otcs-technical-analysis/
CoinPedia
Ethereum Ready for Liftoff? Kraken OTC Maps Path to $5,200
In a recent analysis by Kraken OTC, Ethereum's native token, Ether (ETH), has displayed promising signs of an upcoming breakout, with technical indicators
#Kraken CEO responds to SEC lawsuit, highlighting flaws in complaint, advocating for #crypto #regulatory clarity.
Kraken argues SEC's claims lack legal basis, seeks dismissal, defends crypto industry against regulatory overreach.
https://coinpedia.org/news/kraken-seeks-dismissal-of-sec-lawsuit-cites-concerns-of-regulatory-overreach/
Kraken argues SEC's claims lack legal basis, seeks dismissal, defends crypto industry against regulatory overreach.
https://coinpedia.org/news/kraken-seeks-dismissal-of-sec-lawsuit-cites-concerns-of-regulatory-overreach/
CoinPedia
Kraken Vs SEC Lawsuit Update: CEO Fights Against Overreach, Demands Clear Crypto Rules
Kraken CEO Dave Ripley has taken a stand against the Securities and Exchange Commission's (SEC) lawsuit, laying out the company's response in a blog post.
Chamber of Digital Commerce (CDC) supports #Kraken against SEC's attempt to regulate digital assets as securities.
CDC's amicus brief challenges SEC's misconceptions, citing #legal precedents and advocating for statutory clarity. #cryptonews
https://coinpedia.org/news/kraken-vs-sec-lawsuit-update-chamber-of-digital-commerce-supports-kraken-files-amicus-brief-against-sec-overreach/
CDC's amicus brief challenges SEC's misconceptions, citing #legal precedents and advocating for statutory clarity. #cryptonews
https://coinpedia.org/news/kraken-vs-sec-lawsuit-update-chamber-of-digital-commerce-supports-kraken-files-amicus-brief-against-sec-overreach/
CoinPedia
Kraken Vs. SEC Lawsuit Update: Chamber of Digital Commerce Supports Kraken, Files Amicus Brief Against SEC Overreach
The Chamber of Digital Commerce (CDC) has entered the legal battle between the 12-year-old crypto exchange Kraken and the U.S. Securities and Exchange
Crypto News of the Week
1. #SEC lawyers resigned after a federal judge sanctioned them in a $49M crypto fraud case
2. #BlackRock's IBIT fund hits 70-day inflow streak, tying with JETS. Scammers exit #solanameme projects
3. #ShibaInu raises $12M for blockchain security. Grayscale files for smaller #BitcoinETF with lower fees
4. #NYSE mulls 24/7 stock trading. Railgun denies laundering claims. #Kraken unveils self-custodial mobile wallet
5. Akira ransomware group linked to 250+ breaches. Hong Kong arrests 70 in JPEX crypto scandal
6. Ernst & Young unveils #Ethereum solution for business contracts. "Jay Mazini" sentenced to 7 years
7. #Bitcoin rollups enable limitless smart contracts. Nubank adds Bitcoin withdrawal/deposit feature
8. #Tether freezes wallets amid Venezuela's oil sanctions. #Binance founder faces DOJ's 3-year sentence recommendation
9. SEC demands $5.3B from Terra and Do Kwon over failed Terra #blockchain
1. #SEC lawyers resigned after a federal judge sanctioned them in a $49M crypto fraud case
2. #BlackRock's IBIT fund hits 70-day inflow streak, tying with JETS. Scammers exit #solanameme projects
3. #ShibaInu raises $12M for blockchain security. Grayscale files for smaller #BitcoinETF with lower fees
4. #NYSE mulls 24/7 stock trading. Railgun denies laundering claims. #Kraken unveils self-custodial mobile wallet
5. Akira ransomware group linked to 250+ breaches. Hong Kong arrests 70 in JPEX crypto scandal
6. Ernst & Young unveils #Ethereum solution for business contracts. "Jay Mazini" sentenced to 7 years
7. #Bitcoin rollups enable limitless smart contracts. Nubank adds Bitcoin withdrawal/deposit feature
8. #Tether freezes wallets amid Venezuela's oil sanctions. #Binance founder faces DOJ's 3-year sentence recommendation
9. SEC demands $5.3B from Terra and Do Kwon over failed Terra #blockchain
#Kraken challenges SEC's claims, points out inaccuracies, alleges lack of precision in accusations. #Crypto #Cryptomarket
SEC accuses Kraken of operating unlawfully, Kraken argues #SEC lacks precision, seeks case dismissal.
https://coinpedia.org/news/kraken-fires-back-at-sec-highlights-lack-of-specificity-in-allegations/
SEC accuses Kraken of operating unlawfully, Kraken argues #SEC lacks precision, seeks case dismissal.
https://coinpedia.org/news/kraken-fires-back-at-sec-highlights-lack-of-specificity-in-allegations/
CoinPedia
Kraken Fires Back at SEC, Demands Case Dismissal Over Unclear Allegations
In a heated showdown with the US Securities and Exchange Commission (SEC), Kraken has hit back at the agency's recent communication with a forceful
#MtGox prepares for massive release of 142k BTC, 143k BCH, and 69B yen to creditors by October 31. #CryptoNews
Recent #Kraken API update signals imminent disbursement, bringing relief and surprise to long-waiting #investors.
https://coinpedia.org/news/mtgox-prepares-to-release-142000-btc-and-143000-bch-by-october-31st/
Recent #Kraken API update signals imminent disbursement, bringing relief and surprise to long-waiting #investors.
https://coinpedia.org/news/mtgox-prepares-to-release-142000-btc-and-143000-bch-by-october-31st/
CoinPedia
MtGox Prepares to Release 142,000 BTC and 143,000 BCH by October 31st
Rising anticipation surrounds the once-dominant Bitcoin exchange, MtGox, as recent updates on the Kraken BTC and BCH payment API interface point to major
Top #CryptoNews in Past 12 Hours
1️⃣SEC Chairman #Gensler stated that the #EthereumETF review "progressing smoothly" but gave no completion date.
2️⃣#VanEck waived fees for its #Ethereum #ETF until 2025 or $1.5 billion in assets, then 0.2% fee.
3️⃣Florida Republican Congressman Matt Gaetz introduced a bill for federal income taxes to be paid via #Bitcoin.
4️⃣Bitcoin spot ETFs had a net inflow of $31.0131M on June 25 after 7 days of outflows.
5️⃣Two men sentenced for manipulating #HYDRO cryptocurrency price.
6️⃣German Government transferred 250 BTC (125 BTC each)( $15.42M) to #Bitstamp and #Kraken. & transferred 345 BTC ($20.99M) to Flow Trader; wallet holds 45K BTC remaining.
7️⃣#Binance Will delist $SHIB, $LINK, $Blur, $MEME, $Metis, $NFP, and $OSMO;
8️⃣ Bowman lost NY 16th election to George Latimer; Fairshake's $2M anti-Bowman ads signal pro-crypto influence.
9️⃣SEC Chair #Gensler's comment on crypto executives going to jail criticized by industry leaders, including #Ripple CEO.
1️⃣SEC Chairman #Gensler stated that the #EthereumETF review "progressing smoothly" but gave no completion date.
2️⃣#VanEck waived fees for its #Ethereum #ETF until 2025 or $1.5 billion in assets, then 0.2% fee.
3️⃣Florida Republican Congressman Matt Gaetz introduced a bill for federal income taxes to be paid via #Bitcoin.
4️⃣Bitcoin spot ETFs had a net inflow of $31.0131M on June 25 after 7 days of outflows.
5️⃣Two men sentenced for manipulating #HYDRO cryptocurrency price.
6️⃣German Government transferred 250 BTC (125 BTC each)( $15.42M) to #Bitstamp and #Kraken. & transferred 345 BTC ($20.99M) to Flow Trader; wallet holds 45K BTC remaining.
7️⃣#Binance Will delist $SHIB, $LINK, $Blur, $MEME, $Metis, $NFP, and $OSMO;
8️⃣ Bowman lost NY 16th election to George Latimer; Fairshake's $2M anti-Bowman ads signal pro-crypto influence.
9️⃣SEC Chair #Gensler's comment on crypto executives going to jail criticized by industry leaders, including #Ripple CEO.
Top #CryptoNews in Past 12 Hours
1️⃣On July 11, #Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K
2️⃣On July 12, Germany sold 1,200 BTC to #Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.
3️⃣Jayson Hobby resigned as #Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.
4️⃣#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.
5️⃣On July 12, #Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.
6️⃣The UK Law Commission suggested integrating #DAOs into existing legal and tax frameworks, avoiding separate regulations.
1️⃣On July 11, #Bitcoin spot #ETFs saw $78.9343m net inflow; Grayscale had $37.6929m outflow. BTC trading below $57K
2️⃣On July 12, Germany sold 1,200 BTC to #Bitstamp, #Kraken, and #Coinbase, 400 each. Currently Holds 6.14K BTC.
3️⃣Jayson Hobby resigned as #Compound CEO, launching Legend with Geoffery Hayes and Mykel Pereira.
4️⃣#Genesis Trading sent 12k BTC to Coinbase during bankruptcy liquidation, holding 33k BTC now.
5️⃣On July 12, #Biden confirmed at his press conference that he would continue campaigning for the 2024 elections.
6️⃣The UK Law Commission suggested integrating #DAOs into existing legal and tax frameworks, avoiding separate regulations.
Top #CryptoNews in Past 12 Hours
1️⃣#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.
2️⃣On July 23, #BitcoinETFs saw $77.97M outflow after 12 days' inflow.
3️⃣The first day of 9 spot #ETHETFs had $107 million inflow.
4️⃣#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.
5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.
6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.
7️⃣Ferrari announced on July 24 that it would expand its #crypto payment system to its European dealer network by the end of July.
8️⃣#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.
9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
1️⃣#OKX Jumpstart launched Matr1x (MAX), allowing $BTC or $ETH staking to mine tokens.
2️⃣On July 23, #BitcoinETFs saw $77.97M outflow after 12 days' inflow.
3️⃣The first day of 9 spot #ETHETFs had $107 million inflow.
4️⃣#MtGox transferred 2,237 BTC to Bitstamp and 2,869 BTC to unmarked address.
5️⃣Unbound Fund announced a path to Portuguese/EU citizenship via €500,000 in Bitcoin.
6️⃣JD, a major Chinese e-commerce group, will issue Hong Kong dollar stablecoin on public blockchain. JD ranked first in the sandbox list of three stablecoin issuers.
7️⃣Ferrari announced on July 24 that it would expand its #crypto payment system to its European dealer network by the end of July.
8️⃣#Kraken faced backlash as Mt. Gox creditors claimed they hadn't received Bitcoin repayments and blamed Kraken.
9️⃣South Korea's Financial Supervisory Service summoned top five crypto exchanges over deposit fee hikes and new regulations.
Top 10 #CryptoNews in the Last 24 Hours
1️⃣ U.S. government #crypto wallets compromised, losing $20 million.
2️⃣ #Ripple CEO expects a "more pro-crypto" U.S. after this election, regardless of winner.
3️⃣ Pennsylvania passes a #Bitcoin Rights bill to protect self-custody rights and allow BTC payments.
4️⃣ Ripple files its Civil Appeal Pre-Argument Statement (Form C).
5️⃣ #Kraken plans to launch its own blockchain in 2025.
6️⃣ Microsoft to vote on investing in Bitcoin at December shareholder meeting.
7️⃣ Tesla did not sell any of its $763 million in Bitcoin in Q3 2024.
8️⃣ BingX introduces '#ShieldX' Wallet Firewall after a recent hack, resuming full operations.
9️⃣ Hacker behind RadiantCapital theft moved $52 million from Layer-2 to Ethereum.
🔟 Ethereum Layer 2 platform Base to implement permissionless fault proofs on October 30.
1️⃣ U.S. government #crypto wallets compromised, losing $20 million.
2️⃣ #Ripple CEO expects a "more pro-crypto" U.S. after this election, regardless of winner.
3️⃣ Pennsylvania passes a #Bitcoin Rights bill to protect self-custody rights and allow BTC payments.
4️⃣ Ripple files its Civil Appeal Pre-Argument Statement (Form C).
5️⃣ #Kraken plans to launch its own blockchain in 2025.
6️⃣ Microsoft to vote on investing in Bitcoin at December shareholder meeting.
7️⃣ Tesla did not sell any of its $763 million in Bitcoin in Q3 2024.
8️⃣ BingX introduces '#ShieldX' Wallet Firewall after a recent hack, resuming full operations.
9️⃣ Hacker behind RadiantCapital theft moved $52 million from Layer-2 to Ethereum.
🔟 Ethereum Layer 2 platform Base to implement permissionless fault proofs on October 30.
Top #CryptoNews in Past 24 Hours
1️⃣ #Kraken launches licensed crypto derivatives in Australia.
2️⃣ Samsung’s Knox Matrix uses blockchain for device/network security.
3️⃣ Semler Scientific acquires 47 more BTC, total now 1,058.
4️⃣ Michigan State Retirement System holds $7M in Bitcoin ETFs, $11M in Ethereum ETFs.
5️⃣ #SUI blockchain surpasses 26 million active accounts.
6️⃣ Cartwright UK pension scheme plans Bitcoin investment.
7️⃣ Bernstein predicts #Bitcoin could hit $80K-$90K if Trump wins.
8️⃣ Deutsche Telekom/T-Mobile mines Bitcoin using renewable energy, operates BTC node.
9️⃣ Pakistan moves toward crypto legalization with SBP Act amendments.
🔟 Victory Securities becomes first Hong Kong broker licensed for Bitcoin and #crypto products.
1️⃣ #Kraken launches licensed crypto derivatives in Australia.
2️⃣ Samsung’s Knox Matrix uses blockchain for device/network security.
3️⃣ Semler Scientific acquires 47 more BTC, total now 1,058.
4️⃣ Michigan State Retirement System holds $7M in Bitcoin ETFs, $11M in Ethereum ETFs.
5️⃣ #SUI blockchain surpasses 26 million active accounts.
6️⃣ Cartwright UK pension scheme plans Bitcoin investment.
7️⃣ Bernstein predicts #Bitcoin could hit $80K-$90K if Trump wins.
8️⃣ Deutsche Telekom/T-Mobile mines Bitcoin using renewable energy, operates BTC node.
9️⃣ Pakistan moves toward crypto legalization with SBP Act amendments.
🔟 Victory Securities becomes first Hong Kong broker licensed for Bitcoin and #crypto products.
Top #CryptoNews of This Week
1️⃣ #Trump secured 270 electoral votes to become the 47th U.S. President, while #Bitcoin surged ATH to $75,000.
2️⃣ Trump’s team considered #DanGallagher for SEC Chair due to his pro-crypto stance.
3️⃣ The Federal Reserve capped rates at 4.75%, cutting by 25 basis points.
4️⃣ #Bitcoin spot ETFs saw record $1.376B net inflow, led by BlackRock’s ETF.
5️⃣ #Detroit announced plans to accept cryptocurrency payments for taxes by mid-2025.
6️⃣ #Coinbase allegedly demanded high fees for listings, with amounts up to $300 million.
7️⃣ #Kraken, Paxos, Robinhood launched the Global Dollar Network with stablecoin USDG.
8️⃣ Circle planned expansion in Hong Kong, focusing on USDC’s #stablecoin market potential.
9️⃣ Tether CEO confirmed no plans to launch an official blockchain, emphasizing neutrality.
🔟 #Ethereum Foundation’s 2024 report showed 99.45% crypto holdings in ETH, $970.2M reserves.
1️⃣ #Trump secured 270 electoral votes to become the 47th U.S. President, while #Bitcoin surged ATH to $75,000.
2️⃣ Trump’s team considered #DanGallagher for SEC Chair due to his pro-crypto stance.
3️⃣ The Federal Reserve capped rates at 4.75%, cutting by 25 basis points.
4️⃣ #Bitcoin spot ETFs saw record $1.376B net inflow, led by BlackRock’s ETF.
5️⃣ #Detroit announced plans to accept cryptocurrency payments for taxes by mid-2025.
6️⃣ #Coinbase allegedly demanded high fees for listings, with amounts up to $300 million.
7️⃣ #Kraken, Paxos, Robinhood launched the Global Dollar Network with stablecoin USDG.
8️⃣ Circle planned expansion in Hong Kong, focusing on USDC’s #stablecoin market potential.
9️⃣ Tether CEO confirmed no plans to launch an official blockchain, emphasizing neutrality.
🔟 #Ethereum Foundation’s 2024 report showed 99.45% crypto holdings in ETH, $970.2M reserves.