Seychelles-based crypto exchange – KuCoin – has pleaded guilty to conducting an unlicensed money-transmitting business. As per the agreement, KuCoin faces monetary penalties of more than $297 million, which includes a forfeiture of $184.5 million and a fine of $112.9 million. KuCoin will also be suspending its US market activities for two years. Founders Michael
Musk has begun to discuss using blockchain technology to streamline the government’s IT systems and cut unnecessary costs, according to recent reports. To wit, Musk is the new president’s official advisor on matters pertaining to government efficiency. President Donald Trump appointed him to head the DOGE: a White House office named the Department of Government
With the cryptocurrency market eyeing a stellar 2025 amid a new wave of optimism, new crypto project Remittix (RTX) is trending. The altcoin looks to have stolen the shine off XRP (XRP) early on as its presale hits $4 million. But what’s driving the interest in this project? Could the new era for crypto under
A three-judge panel from the US Court of Appeals for the Third Circuit has demanded the SEC explain why it didn’t respond to Coinbase’s requests for clear regulations A recent ruling by the panel has called the US Securities and Exchange Commission’s (SEC) actions “arbitrary and capricious” The US Court of Appeals for the Third
Magin Eden, the distinguished NFT marketplace, recently announced its venture into Solana’s compressed NFTs. The venture promises to be a budget-friendly and scalable path for digital collectibles. Quick Takes: Magic Eden announces its foray into Solana’s compressed NFTs. The cNFTs have compressed data and low associated fees. The marketplace has already enabled some popular cNFT
For a long time, Dogecoin millionaires have been trendsetters in driving this iconic memecoin’s price action. Recently, Dogecoin has been holding steady in the green, with increased whale activity, reigniting investor confidence. As Dogecoin enjoys the spotlight, a savvy Dogecoin millionaire is making headlines with a surprising shift in focus. The investor is betting big
Colle AI leverages a $200 million initiative to create innovative AI NFT applications that enhance Ripple’s ecosystem. January 23, 2025 11:00 AM EST | Source: Kaj Labs Dubai, United Arab Emirates–(Newsfile Corp. – January 23, 2025) – Colle AI (COLLE) has announced a strategic investment of $200 million over the next five years