Kraken Suspending Stablecoin Trading in Canada
Kraken is the latest Canadian crypto exchange to shut down stablecoin trading amid regulatory crackdowns defining these assets as securities.
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Sam Bankman-Fried Denies Fraud, Acknowledges Mistakes of the Crypto Exchange’s Collapse
FTX founder Sam Bankman-Fried denied committing fraud but acknowledged making mistakes in his testimony at his criminal trial related to the crypto exchange’s collapse.
Turkey to Finalize Crypto Regulations in 2024
Turkey plans to finalize its crypto framework in 2024, including defining crypto assets and crypto providers as well as potential taxation.
FTX Liquidates $59M in Crypto With Court Approval
FTX has liquidated nearly $60 million in cryptocurrencies like Solana and Ethereum after securing court approval to sell off assets, repay customers, and hedge volatility risk amid ongoing legal proceedings involving former CEO Sam Bankman-Fried.
JPMorgan Warns SEC of Legal Risks if Bitcoin ETFs Denied
The U.S. Securities and Exchange Commission (SEC) could face legal challenges if it decides to reject applications for spot Bitcoin exchange-traded funds (ETFs), according to a recent report by JPMorgan analysts.
Crypto Scammers Clone Websites for Phishing
Phishing scammers clone Blockworks and Etherscan websites to deceive readers and steal cryptocurrency.
UK Cracks Down Over 200 Crypto Ad Violations
The UK’s financial regulator has stated that crypto-promoting firms have violated the country’s new marketing rules over 200 times since they went into effect in early October.
Sunak Warns of AI Risks, Calls for Global Rules
New analysis warns AI could help terrorists build propaganda, bioweapons, and plan attacks within two years, posing major security threats.
NFT Market Stuck Despite Crypto Rally
Despite a broad crypto rally, the NFT market remains mired in a bear market with floor prices and volumes down.
Musk’s Cryptic ‘Dog’ Meme Sparks Dogecoin Speculation
Elon Musk shared a meme post containing ‘Dog’ on X, sparking speculation he may integrate DOGEcoin into the platform.