#exchange

The U.S. Securities and Exchange Commission (SEC) settled charges against California-based companies TrustToken and TrueCoin, which operate under the Archblock brand, for selling unregistered securities and providing misleading information regarding the reserves backing their stablecoin, TrueUSD (TUSD).

WhiteBIT, Europe’s leading crypto exchange and the official sponsor of the Ukrainian national football team, started a pre-sale of tickets for the upcoming Ukraine vs Georgia home match in the UEFA Nations League, accepting payments in cryptocurrency. The game will be held on October 11 at the City Stadium in Poznań, Poland.

Mark Karpeles, the former CEO of the now-defunct crypto exchange Mt. Gox, intends to launch a new trading platform named EllipX, with a focus on transparency and user-friendliness. This new exchange is set to begin operations in Europe by the end of this month, with its base in Poland.

The Australian Securities and Investments Commission (ASIC) won a legal battle against Bit Trade Pty, the local operator of the Kraken exchange. The court found that the company violated regulations by offering margin trading services to Australian clients without the necessary registration since 2021.

The payment settles allegations from the Brazilian Securities and Exchange Commission (CVM) that Binance offered derivative trading services without a license.

The decentralized exchange dYdX is set to roll out a major upgrade to its platform in the fall of 2024, which will introduce several new and unique features. One significant change will allow users to list any token issued on the dYdX Chain without requiring approval from the development team.

The U.S. Securities and Exchange Commission (SEC) asked the court to reject Coinbase's request for a broad range of documents related to crypto assets. The regulator argues that it has already provided all necessary documents, including relevant notices and materials from investigations unrelated to the case against Coinbase, and that the remaining documents are not relevant.

Markus Thielen, founder of 10x Research, believes that Gary Gensler, the current Chair of the US Securities and Exchange Commission (SEC), will step down in January or February 2025, assuming a win by Donald Trump. Gensler's term is set to end in June 2026.

A federal judge in Texas dismissed ConsenSys' lawsuit against the U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler. The company sought to legally establish that Ethereum is not a security and to prevent the SEC from interfering with the operation of the MetaMask crypto wallet.

The decentralized exchange dYdX is set to list perpetual futures on prediction markets. This new offering will allow users to place leveraged bets on event outcomes. This move is expected to attract investors who currently rely on centralized platforms.

The U.S. Securities and Exchange Commission (SEC) reached a settlement with eToro, a trading platform, resolving allegations that the company failed to register as a broker. eToro has agreed to pay $1.5 million in fines and limit cryptocurrency trading for U.S. users to only BTC, BCH, and ETH.

WhiteBIT, Europe's leading crypto exchange and sponsor of the Ukrainian national football team, is now offering presale tickets for the Ukraine vs Czech Republic match. The game is part of the UEFA Nations League and will take place at the Municipal Stadium in Wrocław, Poland.

Devin Finzer, CEO and co-founder of OpenSea, revealed on the social media platform X that the U.S. Securities and Exchange Commission (SEC) has issued a Wells Notice to the NFT marketplace, signaling that the SEC may pursue legal action against OpenSea.

According to the Financial Supervisory Service (FSS), the average annual salary for employees and executives at the South Korean cryptocurrency exchange Upbit now exceeds that of employees at the country’s major banks: $99,500 compared to $86,700. This marks a 124% increase over the past year.

August 14th marks the second anniversary of WhiteBIT Coin. It’s been two years since the IEO of the token (now a coin) from Europe’s leading exchange, WhiteBIT, and much has changed since then.

Fred Ehrsam, a co-founder of the cryptocurrency exchange Coinbase, teamed up with Quintin Frerichs to establish a new company called Nudge. This venture is set to develop an ultrasonic headset aimed at enhancing people’s daily lives. It will enable users to boost focus or go to sleep with just the press of a button.

The exchange asserts that their computers showed no signs of compromise during the recent incident, pointing to the breach of their custodian, Liminal Custody, as the main factor.