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Jane Street and Jump Crypto Withdraws from US amid Regulatory Uncertainty

The exit of Jane Street and Jump Crypto will contribute to the liquidity crunch in the market segment and this outlook is unhealthy for the industry. Market-making firms Jane Street Group and Jump Crypto are retreating from crypto trading in the United States due to regulatory uncertainty in the country. According to a report from Bloomberg, people familiar with the situation stated that Jane Street is taking a step further by lowering its global cryptocurrency ambitions. On the other...

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Wie sicher ist Bitcoin?

Eine der größten Fragen, die Menschen über Bitcoin haben, ist die Sicherheit. Da Bitcoin eine digitale Währung ist, die in einem dezentralen Netzwerk ohne zentrale Behörde gespeichert wird, fragen sich viele, wie sicher es wirklich ist. Eines der Hauptmerkmale, die Bitcoin sicher machen, ist die Blockchain. Die Blockchain ist ein öffentliches Buchhaltungssystem, das alle Transaktionen aufzeichnet, die jemals mit Bitcoin durchgeführt wurden. Da jede...

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QuadrigaCX, Bankrupt Crypto Exchange, Will Resume Interim Fund Distribution

Miller Thomson, the law firm representing QuadrigaCX stated that a small number of affected users are likely to receive notice of Disallowance of Claim. In a post earlier this week on May 8, Miller Thomson, a law firm representing the users of defunct cryptocurrency exchange QuadrigaCX announced that they would start an interim distribution of funds linked with the exchange’s bankruptcy proceedings in the coming weeks. As per the bankruptcy trustee Ernst and Young, this interim...

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Block3000: Blockchain Battle Early Bird Tickets on Sale Now!

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Secure more than 40% off on tickets for one of the biggest blockchain events in Europe. More than 5,000+ delegates are expected to grace the stunning Altice Arena in Lisbon, Portugal this July 6 & 7, 2023, as Block 3000: Blockchain Battle gathers the best and brightest of Blockchain, Web3 and Crypto to...

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Tron (TRX) Price Analysis: Fresh Increase To $0.072 Seems Likely

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase from the $0.0670 level against the US Dollar. TRX price is now trading near $0.0692 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0694 on the 4-hours chart (data feed via Kraken). The pair could continue to...

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Bitcoin Price Analysis: BTC Turns Red Below $29K

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh decline below the $29,000 pivot level against the US Dollar. The price is now trading below $28,500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $28,400 on the 4-hour chart of the BTC/USD pair (data feed from...

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Fired Coinbase Exec Caught With Insider Trading Sentenced to 2 Years in Prison

After pleading guilty earlier this year, former Coinbase Product Manager Ishan Wahi has been sentenced to 2 years in prison in a landmark case for insider trading with cryptocurrencies.  The sentence exceeds the 10-month prison sentence of Ishan’s brother – Nikhil Wahi – with whom he conspired for the crime.  Two Years for Crypto Insider Trading According to a report from Reuters, Ishan Wahi was sentenced by U.S. District Judge Loretta Preska in a Manhattan Federal court on...

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Coinbase Calls for Revision on ‘Misguided’ RIA Rulemaking

Coinbase has called for certain modifications to the proposed rule regarding registered investment advisers’ (RIA) obligations to hold client assets at qualified custodians. Even as the United States Securities and Exchange Commission (SEC) deemed Coinbase Custody as a “qualified custodian,” the crypto exchange believes the revised RIA rule makes “unwarranted assumptions about custodial practice.” Revisions Needed The chief legal officer of the San Francisco-based company,...

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NBA Icon Shaquille O’Neal Describes his FTX Summons as ‘Inadequate,’ Seeks Dismisal (Report)

The lawyers of the American basketball legend – Shaquille O’Neal – reportedly asked a federal court to block a recent summons served regarding his interaction with FTX. They claimed the documents were “tossed” at the front of his moving car: an entirely different version than the one presented by attorney Adam M. Moskowitz who supposedly served the sportsman in his home. Failed investors have claimed that O’Neal and many other celebrities used their popularity to promote the...

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Paxful Reopens a Month After Suspending Marketplace

Popular peer-to-peer (P2P) marketplace Paxful is back online after shutting down services in April 2023. While the platform was suspended, the Paxful Wallet remained active. Paxful, in a blog post on May 8, announced the resumption of the marketplace a month after the platform closed down. An excerpt from the announcement reads: “We know it has been a difficult time for many of our users, who were understandably surprised by the sudden suspension, however, we are delighted...

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