SEC Issues Crypto Investor Alert About Crypto Scams
In a recent social media post, the SEC reiterated its warning about crypto scams, highlighting common fraud tactics targeting investors. In a recent social media post, the U.S. Securities and Exchange Commission has reiterated its warning against cryptocurrency scams. The post, which was initially published in May, detailed a variety of fraud schemes that are […]
Kraken Seeks Jury Trial in SEC Crypto Lawsuit
Kraken is pushing for a jury trial in its ongoing legal battle with the SEC, which a California judge recently allowed to proceed. The exchange joins Binance and Coinbase, who face similar SEC allegations of violating federal securities laws. It appears that the legal dispute between the SEC and Kraken, a significant cryptocurrency exchange, will […]
Solana Recovers as FTX Unstakes $23M in Tokens
Solana (SOL) showed resilience with a 3% rise on Thursday, bucking the broader crypto market downturn. Trading around $135, SOL’s recovery may be linked to recent actions by FTX and Alameda Research. Despite the current bearish sentiment in the broader crypto market, Solana’s native cryptocurrency SOL has exhibited evidence of resilience, recovering slightly on Thursday. […]
Pantera-Backed Vega Protocol Shuts Down Layer-1 Chain
Vega Protocol is shutting down its trading-focused blockchain after an on-chain governance vote redirected resources to core software development. Following the successful passage of an on-chain governance referendum with nearly unanimous support, the trading-focused blockchain Vega (VEGA) is gradually ceasing operations. The project’s resources will now be allocated to core software development. The community’s support […]
CEX.IO Resumes UK Operations After Meeting FCA Guidelines
CEX.IO has resumed UK operations after complying with the FCA’s new crypto asset promotion regulations, which led to a voluntary suspension last year. On Thursday morning, CEX.IO, a centralized crypto exchange, recommenced operations in the United Kingdom. The company’s registration process now complies with the Financial Conduct Authority, the country’s financial regulator. Following the FCA’s […]