The U.S. Securities and Exchange Commission (SEC) has sued Payward Inc. and Payward Ventures Inc. (collectively Kraken) for operating a cryptocurrency trading platform without the required registration. The complaint filed in San Francisco alleges violations have occurred since September 2018. Kraken is accused of operating as an unregistered exchange, broker, dealer and clearinghouse and consolidating the roles of these entities without proper registration. This reportedly deprived investors of important protections, such as SEC scrutiny and conflict-of-interest safeguards. The SEC’s complaint outlines several concerns, including that Kraken provides a marketplace for trading securities and effectively operates as an exchange. Acts as…
Author: Crypto Flexs
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Cryptocurrency exchange HTX, known as Huobi Global, said it would resume deposits and withdrawals within 24 hours after suffering a $30 million exploit on November 22. The exploit was reported to be worth $13.6 million at the time of the incident, but has since increased. value. In a statement, the exchange promised to “compensate in full for losses resulting from this attack and ensure 100% safety of user funds.” In addition, he said, “The amount of funds lost by Huobi HTX this time is a very small amount of the total funds on the platform,” and “HTX’s ‘normal operation’ was…
We all want to participate in the Black Friday Fever event, right? Well you totally can!Black Friday is a big day for retail. Livespins wants to join in on the excitement by filling your pockets with cash for some holiday shopping.From now until November 26, 2023, Livespins is offering a random cash prize of €5,000. They won’t stop until all the prize money is gone!Join the frenzy, spin to win and get a chance to win a share of this huge prize pool. Don’t miss out on your free cash opportunity. It all happens right here at BitStarz! Win up…
join us telegram A channel to stay up to date on breaking news coverage The Binance Coin price prediction is consolidated in the form of a flag, like a bull above the upper border of the channel. Binance Coin prediction statistical data: Current Binance Coin Price – $262 Binance Coin market cap – $35.5 billion Binance Coin Circulating Volume – 151.6 million Binance Coin total supply – 151.6 million Binance Coin CoinMarketCap Ranking – 4th BNB/USD Market Main level: Resistance levels: $280, $290, $300 Support levels: $235, $225, $215 BNBUSD – daily chart BNB/USD bulls dominate the daily price chart…
Stablecoins invest in cryptocurrency mining, fake tweets re-move markets, Binance customer executives are kidnapped and robbed! This week we bring you these stories and more in cryptocurrency. Stablecoins move to Bitcoin mining Leading stablecoin issuer Tether is investing $500 million in its Bitcoin mining operations to become one of the world’s largest miners. The company is building mining facilities in Central and South America with ambitious plans to contribute 1% of Bitcoin’s overall network computing power. Tether disclosed a $3 billion cash surplus in its latest certification report. Bitcoin ETF decision expected to be delayed Amid growing expectations of approval,…
There is only one thing better than a merchant accepting Bitcoin. A seller that accepts Bitcoin and has killer Black Friday and Cyber Monday deals.Black Friday and Cyber Monday Deals 2023Dallas MavericksSave up to 35% off regular items, including team gear and accessories.host keyGet up to 25% off on instant servers or get one month free on all GPU servers.Sacramento KingsGet 20% off Kings gear, including clothing and accessories.RanieriSave up to 30% on select custom pieces, from office classics to casual essentials.SD BullionBlack Friday deal details will be determined at a later date.ledgerSecure your assets with the new ledger and…
Binance’s Bitcoin holdings fell by $200 million after the cryptocurrency exchange and its former CEO Changpeng Zhao pleaded guilty to U.S. federal charges. Although CZ paid bail, prosecutors are attempting to keep him in the United States until he is sentenced. Bitcoin has been moving from Binance to Coinbase since yesterday, based on on-chain data collected by CryptoQuant. The research firm recently found that Coinbase’s reserves decreased by 5,000 BTC compared to Binance, while Coinbase’s reserves increased by about 12,000 BTC. Due to legal concerns, analysts believe retail investors are pulling money out of Binance and this is driving this…
UNI prices rose more than 25% and rose above $6.20. Uniswap is now consolidating gains and a near-term downside could be attractive for bulls. UNI started a new rally above the $5.20 and $6.00 resistance levels. The price is trading above $5.80 and the 100 simple moving average (4-hours). A breakout occurred above the main bearish channel with resistance near $5.25 on the 4-hours chart of the UNI/USD pair (data source from Kraken). The pair may correct lower, but the bulls may become active near the $5.60 and $5.55 levels. UNI price regains strength After forming a support base above…
Comparing Bitcoin’s market capitalization to that of publicly traded companies often made me cringe in frustration. Attempting to compare the world’s first successful digital native currency to a single industry, let alone a single company, is narrow-minded. But as I continued to surrender to the process of meeting people who were on their Bitcoin journey, I realized I could use this comparison to explain Bitcoin’s strengths in a different way. Rather than attempting to conceptually elevate Bitcoin to the level of a global currency, we propose conceptually bringing the global currency down to the level of a public company. This…
Ripple’s XRP cryptocurrency is headed for a significant price surge, potentially reaching $1 as whale accumulation hits its highest level this year, according to on-chain analysis. The surge pushed XRP to a three-month high and surpassed Binance Coin to become the fourth-largest market capitalization amid a broader cryptocurrency market rally. XRP dominates the cryptocurrency market with its outstanding 24-hour performance. In a notable rally, XRP rose 8.5% to $0.67, outperforming major cryptocurrencies Bitcoin and Ethereum over the past day. This significant price movement was accompanied by a dramatic increase in trading volume, jumping from $1 billion to $2.7 billion.…