Author: Satoshi Prime

Bitcoin Investing Made Simple!

Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded

Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense. Source link

SEC expands Binance lawsuit: AXS, FIL, ATOM now securities

The SEC’s latest lawsuit update targets additional tokens like Axie Infinity, Filecoin, and Cosmos as unregistered securities, continuing its crackdown on the crypto industry. Source link

MicroStrategy acquires 18,300 Bitcoin, expands holdings

MicroStrategy’s $1.11 billion Bitcoin purchase was funded by selling over eight million company shares through a sales agreement. Source link

Kraken denies SEC claims, argues digital assets aren’t securities

Kraken firmly disputes SEC allegations, citing the lack of clarity in federal securities law and overreach in its regulatory scope. Source link

CEX.IO resumes UK operations, backs stricter crypto rules

Following a voluntary suspension in October 2023, CEX.io has successfully resumed operations in the UK after ensuring compliance with new FCA regulations. Source link

Bitcoin net flows hit $750M, highest outflow since May

Large Bitcoin outflows may signal rising demand as investors shift BTC into cold storage, reflecting institutional confidence. Source link

Merlin Chain, BitcoinOS partner to unveil ZK-powered Bitcoin bridge

Merlin Chain and BitcoinOS join forces to deploy the Grail Bridge, introducing zero-knowledge proof (ZKP) for secure cross-chain transactions. Source link

CFTC charges Uniswap, Brazil’s X ban, and more: Law Decoded

Uniswap Labs agreed to pay $175,000 in civil penalties and cease trading leveraged tokens following CFTC charges. Source link

ASI Alliance calls for decentralized cloud infrastructure in AI development

The ASI Alliance urges decentralization in cloud services to mitigate vulnerabilities in AI development, ensuring both security and innovation. Source link

ZachXBT criticizes block explorers on L1 chains, calls for overhaul

ZachXBT identifies gaps in block explorer quality across several L1 blockchains, urging significant improvements. Source link