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Search Results for: Cryptocurrency

Anti-crypto Re-election Campaign Launched by U.S Senator Elizabeth Warren

In a recent tweet, US Senator Elizabeth Warren has again shown her anti-crypto position. Warren hasn’t been shy about how much she despises the crypto sector. She said that the FTX exchange’s demise should serve as a wake-up call for the US Department of Justice, the Securities and Exchange Commission,

March 30, 2023 1 min read

Kraken Strikes Sponsorship Deal With Williams Racing F1 Team

This weekend marks the beginning of the Kraken and Williams Racing cooperation. Which will bring the exchange’s brand in front of millions of new eyes. One of the biggest cryptocurrency exchanges, Kraken, said on March 28 that it has signed a sponsorship deal with Williams Racing, one of the four

March 30, 2023 2 mins read

Crypto Exchange OKX Eyes Expansion of Operations in Australia

OKX, a cryptocurrency exchange located in Seychelles, has indicated its desire to begin offering its services in Australia. The exchange sees Australia as a promising market for the next wave of cryptocurrency adoption. In a statement released on March 29th, the trading platform said that Australia will be an important

March 30, 2023 2 mins read

Boerse Stuttgart Digital’s Subsidiary Receives Crypto Custodian License by BaFin

The German Federal Financial Supervisory Authority (BaFin) issued the final license as a cryptocurrency custodian to Boerse Stuttgart Digital’s subsidiary, blocknox GmbH on Thursday. This comes at a time when the stock markets throughout the world have begun to recover. From the recent plunge caused by the downfall of major

March 30, 2023 1 min read

XRP Plummets After Jim Cramer’s Remarks on the SEC Case

According to CNBC host Jim Cramer, the SEC “may not win” against Ripple and XRP. After a strong week of gains, the native currency of Ripple, XRP, fell 3% after Cramer’s video went viral.Cramer meant to refer to the enforcement action against cryptocurrency firms that the two major U.S. regulators

March 30, 2023 1 min read

Crypto Exchange Beaxy Shuts Down Operations Post-SEC Charges

The cryptocurrency platform Beaxy and its management are facing accusations from the Securities and Exchange Commission (SEC). This is for allegedly failing to register as an exchange, broker, or clearing agency. The finance regulator has taken another step in its unprecedented onslaught on US cryptocurrency businesses. Beaxy Digital Ltd, was

March 30, 2023 2 mins read

SEC Chairman Requests Additional Resources To Handle Crypto Sector

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Appropriations Committee on Wednesday. HE pleading for more resources to address the growing issue of non-compliance in the cryptocurrency industry. Gensler said that the SEC’s resources for investigating emerging crypto problems are “stretched thin” at the moment.

March 30, 2023 2 mins read

KuCoin Pool Launches Cloud Mining Partner Recruitment Program

VICTORIA, Seychelles–(BUSINESS WIRE)–KuCoin, a top 5 global cryptocurrency exchange, is proud to announce the launch of KuCoin Pool’s latest venture – a cloud mining partner recruitment program in collaboration with KuCoin Pool. It aims to hunt for the most talented and driven individuals in the Bitcoin mining industry to join

March 30, 2023 2 mins read

Bitcoin (BTC) Eyes $37K Level as Price Crosses Over $29K

Despite recent US governmental crackdowns on crypto businesses and accompanying uncertainties, Bitcoin’s price temporarily surpassed $29,000 on March 30. Bitcoin hit $29,159, the highest price since before the FTX cryptocurrency exchange went down in early November 2022, according to CMC. Despite a number of regulatory crackdowns in recent days. Including

March 30, 2023 1 min read