CFTC Commissioner Probes KuCoin Lawsuit Amid SEC Dispute
The CFTC’s Pham critiques the KuCoin case, pointing out a potential SEC jurisdiction dispute and the cryptocurrency regulation issue. Caroline Pham, Commissioner of the Commodity Futures Trading Commission (CFTC), has openly condemned her agency’s enforcement action against KuCoin the cryptocurrency exchange KuCoin. On March 26, the CFTC and the US Department of Justice charged KuCoin with […]
Innovations in Non-Custodial Web3 Wallets: Ensuring Decentralized Control
Non-custodial Web3 wallets are effective tools that people can use to manage digital assets, engage with dApps, and keep ownership of their private keys. By operating without intermediaries, these wallets allow users to transact on blockchain networks directly while maintaining their privacy and sovereignty. This article will explore the innovations in non-custodial web3 wallets and […]
Circle USDC Set to Transform zkSync Transactions
Circle integrates USDC with zkSync to boost liquidity usability and streamline cryptocurrency transactions across networks. With the integration, zkSync—a layer 2 scaling solution for Ethereum (ETH) that uses zero-knowledge proofs to boost efficiency and cut costs—has taken a step closer to improving liquidity and usefulness. According to a blog post from Circle: “The forthcoming native […]
OKX Realigns US Compliance Team as Top Priority
The offshore exchange OKX has elevated its U.S. compliance staff to the highest echelon of the company. A strategic change brought about by growing regulatory monitoring of Bitcoin exchanges for their anti-money laundering policies is that the department now commands priority over all other divisions. The restructuring of OKX is in line with a larger […]
Hut 8 Reports 32% Rise in Revenue During Bitcoin Rally
Hut 8 Corp, a cryptocurrency miner, has released a report detailing its performance during the previous half-year. In the six months that ended on December 31, 2023, Hut 8’s sales climbed to $60.6 million, according to the company’s news announcement. Highlights of Hut 8’s financial report include a notable 32% growth in revenue and a […]