CFTC Takes Regulatory Action Against DeFi Protocols for Derivatives Violations
On September 8, the U.S. Commodity Futures Trading Commission (CFTC) announced cracking down on three decentralized finance (DeFi) protocols: Opyn, ZeroEx, and Deridex.
Crypto News
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Polygon Foundation Denies Reports of Selling Large Amounts of $MATIC Tokens.
Recently, the Polygon Foundation was under scrutiny when Lookonchain, a top blockchain analytics service, reported that the organization had been selling significant quantities
Bitcoin News
Crypto Volatility Creeps Back In: What the Recent Bitcoin Fluctuations Mean for the Market
After a remarkably subdued year, the crypto markets are starting to display the volatility for which they are famous. The past two weeks
Crypto News
Ex-OpenSea Manager Chooses to Serve Prison Term for Insider Trading Amid Ongoing Appeal
In a surprising development, Nathaniel Chastain, a former product manager at leading nonfungible token (NFT) exchange OpenSea, has decided to serve his three-month
Crypto News
Digital Assets Regulation Bill’s Rejection Poses Risks for Australian Investors
Australian Senator Andrew Bragg has warned about the potential consequences of the Digital Assets (Market Regulation) Bill being rejected by parliament. Bragg, the
Crypto News
US accounting standard-setters approve crypto rules, paving the way for corporate adoption
Companies with extensive holdings of cryptocurrencies like Bitcoin and Ethereum will soon be subject to new accounting requirements, approved unanimously by standard-setters in
Blockchain News
Binance’s RUB and UAH Trading Volumes Fall Amid Conflict
The Binance Exchange has witnessed a significant downturn in the monthly trading volumes of the Russian Ruble (RUB) and the Ukrainian Hryvnia (UAH)
Crypto News
New Crypto Accounting Rules in the U.S. Set to Benefit Companies
The United States Financial Accounting Standards Board (FASB) has made a significant move to address the complexities of accounting for cryptocurrencies, and analysts
Blockchain News
Ethereum Whales Engage in a $425 Million Shopping Spree, Signaling Optimism
Recent on-chain data has revealed that Ethereum whales have embarked on a substantial $425 million shopping spree, potentially indicating positive prospects for the
Blockchain News
PEPE Cryptocurrency Whale Sells 1.5 Trillion Tokens: Unraveling a Web of Intrigue
A cryptocurrency whale has made an unexpected move, dumping a huge 1.5 trillion tokens of the meme-inspired cryptocurrency $PEPE on the major cryptocurrency