Crypto firms brace for intensified SEC, CFTC action after regulator warning

DragonEx is introducing a new withdrawal method in an effort to save its business. 581 Total views 16 Total shares Cryptocurrency exchange DragonEx is introducing a stopgap measure to reintroduce withdrawals after some problems last month. According to an official announcement on Nov. 8, DragonEx is introducing a temporary solution to allow crypto withdrawals. The exchange…

Decentralized Autonomous Organization (DAO) MakerDAO (Maker) has upped its demands to increase one of its network fees, this time to 7.5 percent, the company confirmed in a blog post on March 18.Maker, which issues USD-pegged stablecoin Dai (DAI), is seeking to improve the cryptocurrency’s stability.The organization aims to do so by raising its so-called Stability…

The research department of blockchain analytics platform Nansen have published a comprehensive guide to popular play-to-earn game Axie Infinity, calculating quantitative insights such as that 2.8 million unique addresses are currently holding 11.1 million Axies, alongside that 97% of those users hold a minimum of three Axie nonfungible tokens, or NFT’s.Axie Infinity is a play-to-earn…

The platform reported the sales of all its fan tokens have generated more $150 million this year. 425 Total views 3 Total shares Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios.In a Thursday announcement from Socios, the platform said it will be dropping tokens for the…

An MEV bot gained massive profits worth $1 million by seizing an arbitrage opportunity. However, it was tricked into authorizing a malicious transaction that drained the funds. 433 Total views 36 Total shares An Ethereum arbitrage trading bot managed to hit the jackpot and lose it all on the same day in an ironic turn…

Bitcoin (BTC) held on to fresh gains on April 14 after a rebound in line with Wednesday’s Wall Street open flipped the mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$40,500 now the level to holdData from Cointelegraph Markets Pro and TradingView showed BTC/USD still trading above $41,000 Thursday, having reclaimed the $40,000 mark during the move…

The separately managed account will be exclusively available for Coinbase Prime users, and specifically targets the institutional investor. 266 Total views 3 Total shares Cryptocurrency exchange Coinbase has penned a partnership agreement with One River Digital Assessment Management to provide institutional-grade wealth managers with an exclusive platform to acquire digital asset investments, and engage in…

The report showed high reserve ratios for USDT, USDC, BTC, and ETH. 119 Total views 3 Total shares Own this piece of history Collect this article as an NFTOn Feb. 22, cryptocurrency exchange MEXC Global released its proof-of-reserves (PoR) snapshot after 45 days of testing. In a document seen by Cointelegraph, MEXC claimed its reserve…