Jesse Powell Steps Down As the CEO of Kraken
Kraken, the cryptocurrency exchange that Jesse Powell created in 2011, has announced that Powell would stand down from his position as CEO effective immediately. The
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Crypto Exchange CoinFlex Reveals New Restructuring Proposal
The struggling cryptocurrency exchange CoinFLEX has published a restructuring plan more than a month after filing for the same at a Seychelles court. The exchange
FV Bank Partners With Circle to Enable Users to Deposit and Convert USDC to USD
The Puerto Rico-based FV Bank has partnered with stablecoin issuer Circle to let its users accept USD Coin (USDC) deposits into their accounts, making international
JPMorgan CEO: Cryptocurrencies Are Just Decentralized Ponzi Schemes
Jamie Dimon, the CEO of JPMorgan Chase, gave testimony in front of Congress in the United States (U.S.). In that testimony, he referred to himself
Judge Demands Tether To Give USDT Financial Records
As part of a market manipulation case that alleges USDT artificially inflated cryptocurrency values, a judge in the United States has given Tether an order
The New US Crypto Draft Would Put a 2-Year Ban on Algorithm Stablecoins
New algorithm stablecoins such as TerraUSD Classic (USTC), which de-pegged from the US dollar early this year, would face a two-year prohibition under draft legislation
Dubai Royal Family Form A Partnership To Enable Crypto Transactions
CoinCorner, a worldwide leader in Bitcoin and Lightning Network services, has formed a partnership with Seed Group, a firm that is a member of the
Colorado Now Accepts Crypto For All State Tax Payments
Various jurisdictions have boasted their crypto-friendly credentials in recent times, but Colorado has now emerged as the first state in the United States to adopt
Dubai Has Approved Binance Minimum Viable Product License
According to a statement made on Tuesday, the cryptocurrency exchange Binance has successfully obtained a license from Dubai’s Virtual Asset Regulatory Authority (VARA) to provide
Wintermute Crypto Market Maker Loses $160 Million in its Defi Hack
Wintermute, a cryptocurrency market maker, was hacked for about $160 million in its Defi activities, according to an announcement made on Twitter Tuesday by the