The recent announcement of the co-founding of the Blockchain Security Standards Council (BSSC) by Kraken, along with other major industry players, demonstrates a concerted effort to enhance security within the crypto sector. By collaborating with Anchorage Digital, Coinbase, Fireblocks, and other key companies, the nonprofit organization aims to create uniform security standards to address pressing
The Markets in Crypto-Assets (MiCA) regulation introduced by the EU has had a significant impact on the digital asset market, not only affecting companies within the EU but also global firms involved in Euro transactions. One of the most noticeable effects of this regulation is the decrease in new exchange listings. According to data from
Ethereum price is currently on a path towards a potential recovery. The price of ETH is gradually climbing above the $3,000 mark, showing some positive movement. Additionally, the price is above the key 100-hourly Simple Moving Average, indicating a bullish trend. There is also a short-term declining channel or a bullish flag forming with resistance
In a recent interview with Bloomberg, Bitwise’s Chief Compliance Officer, Katherine Dowling, expressed optimism about the approval of spot Ethereum ETFs. She mentioned that these ETFs are “close to the finish line” and indicated that discussions with the SEC have been productive. Dowling highlighted the SEC’s receptiveness to conversations regarding new products, signaling a positive
The recent guilty plea from Paxful Inc. co-founder and former CTO Artur Schaback has shed light on the company’s failure to maintain an effective anti-money laundering (AML) program. According to the Department of Justice, Schaback’s negligence allowed criminal activities such as money laundering, sanctions violations, fraud, romance scams, extortion schemes, and prostitution to thrive on