How to Prepare for a Major Compliance Failure Settlement: The OKX Approach
Confidential protocols put in place to deal with news of regulatory failings by one of the top-five crypto exchanges, OKX, suggest that the company likely has been expecting a settlement with U.S. authorities for some time. This happened on Monday when OKX announced a $500 million-plus settlement with the...
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‘Where there’s money, there will be hackers’: Ledger CEO
In a recent interview on Bloomberg TV, Ledger CEO Pascal Gauthier, stressed the importance of robust security measures in the world of cryptocurrency. Citing the immutable nature of Bitcoin transactions, he warned that while Bitcoin itself is designed to be secure,…...
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Michael Novogratz’s Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi
Michael Novogratz’s Galaxy Digital (GLXY) has hired Zac Prince as a managing director, according to an internal memo seen by CoinDesk. Prince will be working closely with Galaxy’s President, Chris Ferraro, to expand the company’s digital assets offering. Galaxy believes that crypto is entering a “pivotal era of transformation,”...
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Market Could Enter A ‘Real Correction,’ Expert Warns, Highlights 2 ‘Recession-Resistant’ Companies
As the NASDAQ (NASDAQ:QQQ), Bitcoin and the Magnificent Seven stocks face a pullback in February, one expert says market price action is looking like a “real correction now.” Louis Navellier, an investment manager, discussed several market trends on Tuesday in a note to investors. Navellier says volatility in the...
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Bitcoin, Ethereum, XRP, Dogecoin See Blood-Red Tuesday As Traders Expect ‘Period Of Consolidation Before Next Leg Down’
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin...
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Crypto miner Bitdeer faces steep Q4 loss but eyes 40 EH/s hashrate goal
Bitdeer stock falls 28% after Q4 2024 loss...
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DOJ Targets OKX’s Affiliate for Violating AML Regulations, Ignoring US Restrictions
OKX affiliate – Aux Cayes FinTech Co. Ltd – pleaded guilty today to one count of operating an unlicensed money-transmitting business under United States anti-money laundering laws. As part of a settlement with the Department of Justice, the company has agreed to pay over $500 million, which includes an...
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Federal Probe Into Uniswap Labs Officially Terminated
Uniswap Labs, the creator behind the largest decentralized trading platform on the Ethereum (ETH) blockchain, announced on Tuesday that the US Securities and Exchange Commission (SEC) has officially closed its investigation into the company without taking any enforcement action. Uniswap Celebrates SEC Decision The SEC’s scrutiny of Uniswap Labs...
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Ethereum Cost Basis Distribution Trends Downward – What Does This Mean For ETH?
Investors’ sentiment and confidence in Ethereum, the second-largest digital asset appears to be improving in spite of recent troubling market developments that have hamper its market dynamics. Key metrics show a substantial accumulation of ETH, reflecting its position as a leading asset in the ongoing cycle. Market Trends Changing...
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This rising crypto could be the market’s dark horse, here’s why
Emerging crypto assets could see gains up to 50,000%, as new projects challenge established tokens with better security and growth. #partnercontent...
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