Last updated: January 27, 2024 07:47 EST | 3 min read Source: Adobe The legal battle between Binance and the United States Securities and Exchange Commission (SEC) continues to intensify as court documents shed light on the clash over evidence production and witness depositions in the SEC’s case against the…

Last updated: January 26, 2024 00:44 EST | 2 min read Source: Adobe/FellowNeko Layer-2 scaling network Polygon (MATIC) came close to matching Ethereum (ETH) in terms of crypto user acquisition in 2023.According to blockchain analytics firm Flipside, Polygon acquired an impressive 15.24 million users during the year, falling just shy…

Last updated: January 24, 2024 00:02 EST | 3 min read Russia’s biggest crypto mining industry association has hit out at Moscow’s plans to increase electricity tariffs for miners.The Ministry of Energy wants miners to fork out between two and five times more than they currently pay.As mining is not…

Last updated: January 24, 2024 00:19 EST | 2 min read Source: DALL·E 3 Former CIA contractor and whistleblower Edward Snowden on Tuesday called for financial aid to support Tornado Cash founder Roman Storm’s legal defense.Storm and his co-founder Semenov were arrested in Aug. 2023 for alleged sanctions violations in…

Last updated: January 22, 2024 23:22 EST | 2 min read Source: AdobeStock/monticellllo Coinbase has criticized the US Treasury’s proposed rulemaking on cryptocurrency mixing, stating that it fails to effectively address regulatory gaps while placing unnecessary burdens on crypto platforms.In a comment submitted to the Treasury Department’s Financial Crimes Enforcement…

Last updated: January 20, 2024 21:45 EST | 2 min read Source: Alex J/AdobeThe Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.”The firm’s board of directors has approved a program that will see employees receive around $10.40 per share.And,…

Last updated: January 20, 2024 04:46 EST | 2 min read Source: AdobeStock / James Thew The Commodity Futures Trading Commission (CFTC) has charged digital asset platform Debiex for engaging in a deceptive scheme known as “pig butchering,” which resulted in the loss of $2.3 million from investors.On Firday, the…

CoinDepo emerged as one of the latest and most promising additions to the decentralized finance sector. Can it compete with established champions such as Binance Simple Earn and Nexo Earn Interest products? It absolutely can, but let’s see how.CoinDepo is a newer provider of decentralized financial services—already a known entity,…

Last updated: January 16, 2024 23:41 EST | 1 min read Source: Pixabay ProShares has filed prospectus materials for five leveraged and inverse bitcoin ETFs days after the US SEC approved 11 spot Bitcoin ETFs. Spot Bitcoin ETFs trading which began on January 11, has already seen massive trading volumes,…

Last updated: January 15, 2024 23:25 EST | 1 min read Image Source: HashKey Group In a recent funding round, HashKey Group, the operator of one of Hong Kong’s two licensed crypto exchanges, successfully raised close to $100 million with a valuation of over $1.2 billion.Hashkey Group announced the completion…