The $279 million payout is the highest whistleblower award ever made by the U.S. Securities and Exchange Commission (SEC). Typically, the SEC will give between 10% and 30% of any fines collected that are more than $1 million. The whistleblower must disclose information that directly aids the SEC in imposing
Prominent exchange Coinbase has said that it would not support the Web3 gaming startup’s effort to distribute an improved GALA token through airdrop to current holders on May 15. This week, the crypto exchange informed that on May 12, it would stop supporting the GALA token (Gala V1). This means
In a groundbreaking move, the State of Montana has emerged as a frontrunner in cryptocurrency adoption. The news has sent shockwaves through the financial world and further solidified Montana’s reputation as a haven for Bitcoin (BTC) enthusiasts. 🇺🇸‼️ US state of Montana bans ALL taxes on #Bitcoin when used for
Following memes, cartoon characters from the past decade are also getting into the cryptocurrency market. One such recent new edition is the Oggy Inu (OGGY). The memecoin’s emergence doesn’t have an end at all, with the entry and evolution of a set of tokens every day. #OGGY x #SHIBA 🔸
In response to Coinbase’s request for clarification, a U.S court has asked the Securities and Exchange Commission (SEC) to state whether or not it would let the sector be regulated using current frameworks. The SEC has recently increased its enforcement proceedings and warnings against cryptocurrency businesses, including Coinbase, the largest
The Ethereum Foundation dumped 15,000 ETH to a cryptocurrency exchange on Friday, one day after Ethereum developer Vitalik Buterin dropped 200 ETH. To cover overhead costs, the Ethereum Foundation sometimes sells a few Ether (ETH), and Vitalik Buterin often trades in the meme coins that accumulate in his wallet for
The Central Bank of Argentina is cracking down on the cryptocurrency sector. The bank issued a statement yesterday saying that payment processors are no longer allowed to provide clients with access to cryptocurrencies like Bitcoin. The BCRA, Argentina’s Central Bank, cited the rationale as a desire to “mitigate risks.” Several
In a significant development for the crypto trading community, leading cryptocurrency exchange WazirX has announced the introduction of the Indian Rupees (INR) market for trading the popular token, Injective (INJ). This move allows users to seamlessly buy, sell, and trade INJ with INR on the WazirX platform, offering enhanced accessibility
The U.S. Justice Department’s national security division is investigating Binance Holdings to determine whether the cryptocurrency exchange was illegally utilized to allow Russians to move funds through it in violation of US sanctions related to Russia’s invasion of Ukraine, as per the Bloomberg report. This is not the first time
With the aid of Chainlink (LINK) functions, Avalanche (AVAX), a rapidly expanding blockchain platform, has announced that developers may integrate any web2 API into its platform. As a result of this ground-breaking advancement, more complex apps may be built that have direct access to data from the actual world. This
