Author: Louis Adams
Kraken and BitGo Will Help FTX Distribute Funds to Creditors
Reading time: < 1 minuteFTX will begin distributing funds to investors who lost money through partner crypto firms like Kraken and BitGo.
Nigerian Police Arrests Almost 800 People in Crypto Raid
Reading time: < 1 minuteThe Nigerian anti-corruption agency has apprehended 792 individuals during a surprise raid on a building in the nation’s largest city, believed to be a center for a massive crypto romance scam operation.
BiT Global Sues Coinbase
Reading time: < 1 minuteBiT Global has filed a $1 billion lawsuit against Coinbase, accusing the exchange of unjustly removing Wrapped Bitcoin (WBTC) from its platform in favor of promoting its own competing product, cbBTC.
MicroStrategy to Enter Nasdaq 100 Index
Reading time: < 1 minuteAfter making significant purchases of Bitcoin, MicroStrategy has become eligible to join the Nasdaq-100 Index.
MicroStrategy Makes First Bitcoin Acquisition Above $100K
Reading time: < 1 minuteMichael Saylor, has implied in a recent post that MicroStrategy may have purchased more Bitcoin over the weekend.
Ukraine Will Legalize Crypto Next Year
Reading time: < 1 minuteUkraine is on the verge of legalizing it as a form of currency.
Coinbase Will Delist USDT
Reading time: < 1 minuteCoinbase has issued a warning to its users. The company has stated that it may remove stablecoins that do not comply with the Markets in Crypto-Asset Regulations (MiCA), including the popular Tether stablecoin (USDT).
Bank of England Demands Crypto Exposure from Firms
Reading time: < 1 minuteThe PRA, which oversees regulations for the Bank of England, has set a deadline of March 2022 for businesses to disclose their current and expected exposure to cryptocurrencies.
Australian Regulator Imposes $8M Fine on Kraken Operator
Reading time: < 1 minuteThe Australian division of crypto exchange Kraken is facing a significant penalty of AU$8 million (US$5.1 million) from the country’s corporate regulator.
SEC Opens Public Comments on Bitwise Bitcoin and Ethereum ETF
Reading time: < 1 minuteThe US Securities and Exchange Commission (SEC) has approved NYSE Arca’s request to list Bitwise Bitcoin and Ethereum ETF and is asking for input from the industry on the application.