Tag Archives: kraken

CoinspeakerXRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says Using Liquidity Strength as a key metric, the expert provided a detailed breakdown of her calculations before coming to her prediction.  XRP Price Can Hit $100-$500 in 4-7 months, Wells Fargo Treasury Manager Says

CoinspeakerUK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken The UK Judge said that Craig Wright won't be able to pay the legal costs while mentioning his previous inconsistent statements about his financial position.  UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken

CoinspeakerEthereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years Despite the general market sentiments, ETH has gained over 50% since the start of the year. Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years

CoinspeakerFBI Reportedly Raid Kraken Founder Jesse Powell’s House Over Cyberstalking Accusations The Kraken founder is not the first public figure in the crypto industry to be investigated by federal authorities. FBI Reportedly Raid Kraken Founder Jesse Powell’s House Over Cyberstalking Accusations

The SEC’s subsequent enforcement actions, first against Ripple and XRP, followed by Binance and Coinbase, have contributed to the sufferings of other crypto exchanges from a liquidity standpoint. There has been a major shift in the CEX landscape that has already faced challenges following the FTX implosion. A new report suggested that a slow recovery in liquidity appears to have haunted the second quarter. Kraken: An Outlier The blockchain data provider Kaiko’s second...

Kraken has been ordered to turn over sensitive user information for clients that had transactions worth in total over $20,000 over the course of a year. The tax agency said it wants to determine whether crypto investors have been cheating on their tax reports. The IRS filed the initial court petition in the Northern District of California earlier this year, claiming that it had previously issued summons to the exchange in 2021 that the latter ignored. The agency also said it...

Fireblocks’ cloud support comes at a time when more and more institutional investors and corporations are joining the crypto space. Blockchain security service provider, Fireblocks, has expanded its cloud service for crypto custody and settlement. According to the announcement, the service will now include Amazon Web Services (AWS), Google Cloud Platform, Alibaba Cloud, Thales, and Securosys. Cloud Computing Meets Crypto Security Fireblocks’ platform uses a combination of security...

Patrick McHenry intends to hold a committee vote on a detailed crypto regulatory structure. Reactions about the use of crypto still make it unclear how things will turn out. Patrick McHenry, a House Republican lawmaker, plans to introduce legislation around crypto regulations after lawmakers return to work on July 11. The bill includes detailed information about the use of cryptocurrencies. The lawmaker stated at a hearing on Tuesday: “I intend for this committee to mark up some form...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up The U.S. Securities and Exchange Commission (SEC) has laid its nasty hands into another digital currency company. This time, the victim of the agency’s wrath is Bittrex Inc., along with its former chief executive officer William Shihara. The SEC Is At It Again The agency says Bittrex broke its laws for years...

The SEC crackdown on crypto firms has intensified significantly since the bear market of last year incited by several collapses and bankruptcy filings of crypto exchanges. The United States Securities and Exchange Commission (SEC) has tagged Filecoin (FIL) as an unregistered security. As a result, the regulator expects Grayscale Investments its application for Filecoin Trust. According to an update given by Grayscale about the status of the Trust’s registration in a statement on Form 10, a...