CFTC Orders Pennsylvania Man to Pay $7.4 Million in Bitcoin Escrow Fraud Case
In a landmark enforcement action on October 2, 2020, the U.S. Commodity Futures Trading Commission (CFTC) secured a federal court […]
Regulations
Cryptocurrency regulation, policy changes, and legal developments
Bitcoin Holds Above $10K as BitMEX Exodus and Trump COVID Diagnosis Rock Crypto Markets
October 2, 2020, delivered a one-two punch to cryptocurrency markets as two major developments sent shockwaves through the digital asset
$15 Million Drained from Andre Cronje’s Unfinished Eminence Protocol in Flash Loan Exploit
The decentralized finance community was rocked on September 29, 2020, by the news that Eminence.Finance — an unfinished DeFi protocol
Uniswap Surpasses Coinbase Pro in Daily Trading Volume as DeFi Total Value Locked Hits $11 Billion
The decentralized finance (DeFi) revolution reached another milestone on September 29, 2020, as Uniswap — the Ethereum-based decentralized exchange —
KuCoin Exchange Suffers $285 Million Hack in One of Crypto’s Largest Security Breaches
The cryptocurrency world woke up to alarming news on September 26, 2020, as major exchange KuCoin confirmed a massive security
Kraken Becomes First Crypto Exchange to Receive US Bank Charter in Wyoming Breakthrough
Kraken has secured approval from the Wyoming Division of Banking for a special purpose depository institution (SPDI) charter, making it
FATF Red Flag Report Signals New Era of Crypto Compliance Standards Worldwide
The Financial Action Task Force (FATF) has published a groundbreaking report identifying red flag indicators of money laundering and terrorist
Tokenized Bitcoin on Ethereum Breaks $1 Billion as DeFi Yield Farming Drives Unprecedented Demand
TL;DR Over $1 billion worth of Bitcoin has been tokenized on the Ethereum network, with the total supply surpassing 92,600
Uniswap’s UNI Token Launch Puts DeFi Governance Under the Regulatory Microscope
TL;DR Uniswap launches UNI governance token, distributing 150 million tokens to past users via a massive airdrop Each eligible user
Uniswap Shocks DeFi With Surprise UNI Token Airdrop Worth Billions as SushiSwap Battle Intensifies
TL;DR Uniswap launched its UNI governance token on September 16, 2020, airdropping a minimum of 400 UNI to every past