Strict Canadian crypto exchange rules allowed Kraken clarity to invest there, exec says
Kraken’s Canada managing director told Cointelegraph in an interview that attaining restricted dealer status provided a clear regulatory pathway. Go to Source
Month: August 2023
Canada’s regulatory clarity is bringing institutions to crypto – WonderFi CEO
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions. Go to Source
Shiba Inu’s Shibarium Ethereum L2 blockchain goes live on mainnet
Shibarium’s beta phase saw a total of 21 million wallets on the L2, driving the interest of users months before the launch. Go to Source
CoinSmart president says crypto taxes are a ‘little bit more favorable’ outside US
According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. Go to Source
Price analysis 8/16: BTC, ETH, BNB, XRP, DOGE, ADA, SOL, MATIC, LTC, DOT
Markets continue to slump, giving advantage to the bears and hinting at a trend change to the downside. Go to Source
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users. Go to Source
Binance.US request for protective order against SEC goes to magistrate judge
The legal team for Binance.US filed a motion for a protective order on Aug. 14, claiming it was necessary to protect the firm from the SEC’s “fishing expedition” during discovery. Go to Source
Star Trek NFT trademarks approved, y00ts coming to Ethereum: Nifty Newsletter
NFT project y00ts will return the $3 million it received from Polygon Labs and transfer to Ethereum. Go to Source
Fantom DEX rescued at eleventh hour following planned shutdown
SpiritSwap previously had its entire treasury drained due to the ongoing Multichain exploit. Go to Source
Vitalik Buterin calls X’s Community Notes an example of ‘crypto values’
The Ethereum co-founder said the algorithm behind X’s tool to rate content as helpful and provide context was “surprisingly close to satisfying the ideal of credible neutrality.” Go to Source
