Kraken Recovers $3M from Certik Following Bounty Fiasco
Nick Percoco, Kraken’s chief security officer, said the Crypto exchange recovered the money stolen due to a technological fault. Percoco said on X on June 20 that the exchange had successfully recovered the monies. The security research firm engaged in the incident was named Certik in previous disclosures, albeit the Kraken CSO did not specify […]
Hidden Road Partners with Bitfinex After Bybit KYC Issues
Shortly after severing connections with Bybit, the brokerage business Hidden Road, sponsored by Citadel Securities, has teamed up with Bitfinex. Institutional investors that use Hidden Road, a premier brokerage firm supported by Citadel Securities, will now have access to cryptocurrency through Bitfinex. The cryptocurrency exchange announced that Hidden Road’s “extensive institutional investor base” will have […]
Thailand Revokes Zipmex Licence Amid Regulatory Failures
The cryptocurrency exchange Zipmex lost its operating license after Thai authorities discovered that it had consistently disregarded directives. The Securities and Exchange Commission (SEC) discovered that Thai cryptocurrency exchange Zipmex had consistently disregarded court orders, leading to the exchange losing its business license. In a news release dated June 11, the SEC stated that Zipmex’s […]
Crypto.com Receives Ireland Virtual Asset Provider Approval
Crypto.com, a leading cryptocurrency platform, receives Central Bank of Ireland VASP approval, expanding its offerings in Europe’s financial hub. In a significant milestone for Crypto.com, a leading cryptocurrency platform has received critical approval as virtual asset providers in Ireland. This milestone represents a significant stride forward for the company, solidifying its position as a trusted […]
Uniswap Labs Replies to SEC Wells Notice
In response to the SEC’s Wells Notice, Uniswap has urged the commission to stay within its constitutional bounds and take lessons from previous rulings. Uniswap, a decentralized exchange, has argued against the U.S. Securities and Exchange Commission’s legal explanation and definition of some DeFi instruments and has called on the agency to reconsider its claims […]