Coinbase’s capital markets head reportedly leaves company

Brett Redfearn, the former director of the division of trading and markets at the United States Securities and Exchange Commission (SEC), has reportedly left his position at Coinbase after less than five months. According to a Wall Street Journal report, Redfearn resigned as the head of Coinbase’s capital-markets group at the end of July. People familiar with the matter claimed […]

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Perpetual Protocol Launches $47M Fund to Boost DeFi Derivatives

Decentralized derivatives platform Perpetual Protocol has launched a new ecosystem fund based on token swaps. Perpetual Unveils Ecosystem Fund  Perpetual Protocol, a virtual automated market maker for trading on-chain derivatives, has agreed to a partnership with three protocols to boost its ecosystem.  The team took to Twitter Monday to announce that it would enable token swaps with projects that integrate […]

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Contrarian Investment Firm Says Cryptocurrency Investment Can Combat Currency Debasement

A $7 billion firm recently advised that land and cryptocurrency are two assets that can combat currency debasement. In addition, the contrarian investment company is telling investors that crypto assets will help them more to face the growing economic challenges worldwide. During a discussion, the co-founder of Horizon Kinetics, Peter Doyle, stated that the global pandemic and the high debts […]

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SEC Fines Poloniex $10 Million for Operating Unregistered Cryptocurrency Exchange – Regulation Bitcoin News

The U.S. Securities and Exchange Commission (SEC) has charged Poloniex with operating an unregistered cryptocurrency exchange. Poloniex has agreed to a cease-and-desist order and to pay $10.34 million. SEC Hits Poloniex With Cease-and-Desist Order, Penalties The SEC announced Monday that “Poloniex LLC has agreed to pay more than $10 million to settle charges for operating an unregistered online digital asset […]

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Poloniex Reaches $10M Settlement With SEC Over Unregistered Status

Key Takeaways The SEC has charged crypto exchange Poloniex for operating an unregistered online digital assets exchange. Poloniex allegedly facilitated the trading of digital asset securities without registering with the SEC. Poloniex neither admits nor denies any wrongdoings, but has agreed to pay $10 million settlement charges. The Securities and Exchange Commission has charged crypto exchange Poloniex for operating an […]

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SEC Settles Poloniex Charges

The Securities and Exchange Commission (SEC) today announced one of the oldest crypto exchange, Poloniex LLC, has agreed to pay more than $10 million to settle charges for operating an unregistered online digital asset exchange. That refers to the period of July 2017 through November 2019 with Poloniex agreeing to the entry of a cease-and-desist order and agreed to pay […]

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NFT Hype Emerges Stronger Than Ever Before

The market for NFTs witnessed substantial growth earlier this year as numerous prominent celebrities and renowned artists launched dozens of digital images. Adding fuel to the fire, an NFT by the artist Beeple sold for around $70 million, making headlines across all media outlets. However, the hype started to cool off in a matter of months. By May, the total […]

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UK-based independent legal team to tackle international crypto disputes

Crypto experts across the United Kingdom’s legal industry have announced the launch of the Crypto Fraud and Asset Recovery (CFAAR), a network aimed at providing redressal against crypto-related fraudulent activities.  The group includes a diverse range of professionals, such as “lawyers, barristers, forensic accountants, corporate intelligence and asset recovery experts.” The launch of the CFAAR network is attributed to the […]

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Israel’s Mossad intelligence agency is seeking to hire a crypto expert

Israel’s national intelligence agency, Mossad, has posted a job listing for an expert in cryptocurrencies who has at least three years of experience in the fintech space. The candidate should have “in-depth technological understanding and expertise in the world of fintech, e-commerce, DEF and digital currencies,” according to the outlined requirements.  The role’s description succinctly indicates that it includes “leading, […]

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