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CFTC hits Kraken with $1.25M in fines over alleged illegal offering

The United States Commodity Futures Trading Commission, or CFTC, is ordering crypto alternate Kraken to pay extra than one million greenbacks in civil financial consequences associated with allegations the alternate is violating the Commodity Exchange Act. In a Sept. 28 statement, the CFTC stated U.S.-primarily based totally crypto alternate...

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Bitcoin Lightning nodes and channels hit record highs

The node depend for Bitcoin’s main layer- solution, the Lightning Network (LN), has spiked to document ranges following a surge of adoption. According to on-chain analytics company Glassnode’s Sept. 27 Week on-Chain record, the quantity of Lightning Network nodes expanded with the aid of using 160% in the course...

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Digital dollar advocate will retire as Dallas Fed president

Rob Kaplan, the president and leader govt officer of the Federal Reserve Bank of Dallas will step down from his function after extra than six years. In a Sept. 27 announcement, the Dallas Fed stated Kaplan, its thirteenth president and CEO, could be retiring starting Oct. 8. The 64-year-vintage...

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NFT-based game champions decentralized digital ownership

Play-to-earn is the brand new king withinside the land of cryptocurrencies. Nonfungible token (NFT)-primarily based totally gaming is poised to steer the manner into the metaverse, and as greater humans spend time withinside the video games, they’re seeing actual profits possibilities. Blockchain Cuties Universe is one of the main...

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Law Decoded: China FUD and false dichotomies, Sept. 20–27

In the wake of but any other new release of China’s enduring crackdown on cryptocurrency, a mainly influential narrative on Crypto Twitter indicates that through banning Bitcoin (BTC), China has definitively positioned itself at the darkish aspect of the struggle, at the same time as the collective West should...

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