Crypto Exchange Kraken Settles With U.S. Treasury Over Violation of Iran Sanctions

The crypto exchange Kraken is settling with the U.S. Treasury Department over apparent violations of sanctions against Iran. The US-based crypto exchange Kraken is agreeing to pay a fine of $362,159 to settle the issue with the Treasury Department’s Office of Foreign Assets Control (OFAC), according to the federal agency. The company will also spend …

Market maker Keyrock closes $72 million in Series B funding round

Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round. Funds are planned to be used on Keyrock infrastructure development, scalability tools, as well as regulatory licensing across …

Coinbase clarifies bug bounty policy in response to Uber extortion verdict

In a blog post on November 30, Coinbase sought to clarify its bug bounty program policies in response to the recent Uber data breach verdict. The company stated that it still welcomes “responsible” disclosure of security issues, but users who abuse this process will not be awarded bug bounties: “The key word in all of …

Binance CEO Changpeng Zhao Takes A Subtle Dig At Kraken And KuCoin

Binance CEO Changpeng Zhao took a jibe at rival crypto exchanges Kraken and KuCoin.  Zhao implied in a tweet that recent announcements made by his rivals were red flags. Crypto Twitter took issue with CZ’s tweet, which was subsequently deleted.   Kraken announced today that it is laying off 30% of its staff amid the ongoing …

The Everdome Mars Mission Launches From Hatta Today at 1 p.m. UTC

November 30, 2022 – Dubai, United Arab Emirates The countdown has begun for Everdome’s first rocket launch as the world’s most hyper-realistic metaverse project gets ready to send its first metaverse pioneers on the first stage of an epic journey to Mars at 1 p.m. UTC today. Viewers from across the world are invited to …

Crypto Lender BlockFi Sues Sam Bankman-Fried Company Over Robinhood Shares Following Bankruptcy Filing: Report

The bankrupt crypto lending platform BlockFi is suing Sam Bankman-Fried’s holding company to recover collateral. According to a recent complaint filed in a court in New Jersey, BlockFi says it “seeks to enforce the terms of a pledge agreement” it had with Emergent Fidelity Technologies, a holding company for Bankman-Fried, the disgraced former CEO of …

DCENTRAL Is Bringing Its Legendary Web 3.0 Conferences to Asia, Starting in Vietnam

November 29, 2022 – Miami, Florida DCENTRAL has earned a reputation for hosting can’t-miss, community-focused Web 3.0 industry conferences like DCENTRAL Miami and DCENTRAL Austin. Building on the huge success of these events, now DCENTRAL is expanding its reach across the globe. In 2023, DCENTRAL will bring its renowned conference to Asia, kicking things off …

Telegram founder wants to build new decentralized tools to combat power abuse

Telegram is set to build a set of decentralized tools, including noncustodial wallets and decentralized exchanges, according to founder Pavel Durov via his Telegram channel on Nov. 30. The initiative is a response to the recent FTX collapse, said Durov, as the industry ended up being concentrated in the “hands of a few to abuse their …

INX submits bid for Voyager Digital’s assets

Trading platform INX has submitted a bid for an undisclosed amount to purchase the assets of crypto brokerage firm Voyager Digital. In a Nov. 30 announcement, INX said it had sent a non-binding letter of intent for Voyager’s assets following the platform filing for bankruptcy in July. According to INX CEO Shy Datika, the bid …

Crypto Stories: The late John McAfee tells the story of how he first found out about Bitcoin

From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life. Early in his life, the computer programmer landed a job at the United States National Aeronautics and Space Administration, also known as NASA, and worked on the world’s first weather satellite. There, he learned about …

Secret Network resolves network vulnerability following white hat disclosure

On Nov. 30, Guy Zyskind, CEO of privacy smart contract blockchain Secret Network, said that developers had patched a privacy-related vulnerability and users’ funds remain secure. In a document dated Nov. 29, Secret Network wrote that users or developers required no action and that all active nodes were upgraded to correct the exploit on Nov. …

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