Indian Crypto Exchange CoinDCX Purchases BitOasis to Access MENA Market
Reading time: < 1 minuteIndian cryptocurrency exchange CoinDCX has acquired BitOasis, a trading platform, for an undisclosed amount.
Consensys Buys Wallet Guard to Boost MetaMask Security
Reading time: < 1 minuteSoftware developer Consensys has recently acquired cryptocurrency security firm Wallet Guard.
Court Rules BNB Sales Are Not Securities
Reading time: < 1 minuteJudge Amy Berman Jackson of the US District Court for the District of Columbia has ruled that cryptocurrencies and second-hand sales of BNB are not considered securities.
Kraken Could Use Nuclear Energy
Reading time: < 1 minuteAccording to Vishnu Patankar, the chief technical officer of Kraken, the company is considering using nuclear energy to power its data centers.
South Korea Crypto Exchanges to Reevaluate 1,300 Tokens
Reading time: < 1 minuteSouth Korea’s 20 crypto exchanges and their representative body have collaborated to create a new set of industry standards for local cryptocurrency companies.
Bitfarms Mines 21% More Bitcoins Last Month
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Bitcoin mining company Bitfarms saw a 21% increase in its Bitcoin production in June as it successfully defended itself against a takeover attempt by one of its main competitors, Riot Platforms.
Silvergate Bank Settles Charges with SEC
Reading time: < 1 minuteSilvergate Capital Corp., the parent company of a crypto-friendly bank that collapsed in 2023 and contributed to the industry’s banking crisis, has agreed to pay $63 million to settle accusations by US and California regulators.
Circle Obtains Approval to Issue Stablecoins Under MiCA Regulation
Reading time: < 1 minuteCircle yesterday announced that it has officially registered as an electronic money institution (EMI) in France.
IRS Unveils Final Regulations for Crypto Brokers
Reading time: < 1 minuteOn June 28, the United States’ Internal Revenue Service (IRS) announced its final version of the new reporting requirements for crypto brokers and clarified which industry participants will be affected by the changes.
Bitcoin Could Rise This Month: Report
Reading time: < 1 minuteCoinglass data shows that Bitcoin had a drop of 6.96% last month, which is in line with its average decline of 0.35% in June since 2013.
