Updated Trading News

Hipperson resigns from Ziglu
Hipperson resigns from Ziglu

Mark Hipperson is to quit Ziglu, the crypto firm that he established in 2018.

DBS Bank to offer cryptocurrency trading in Hong Kong
DBS Bank to offer cryptocurrency trading in Hong Kong

Singapore state-owned megabank DBS Group wants to expand its crypto platform to Hong Kong as the Chinese territory pushes to become a digital asset hub.

Blockchain, Crypto Communities Roast SEC And Gensler On Kraken Crackdown
Blockchain, Crypto Communities Roast SEC And Gensler On Kraken Crackdown

Blockchain Association CEO Kristin Smith called the SEC's latest move an "attack on U.S. crypto companies and retail investors."

SEC lawsuit against Paxos over BUSD baffles crypto community
SEC lawsuit against Paxos over BUSD baffles crypto community

Members of the community were confused and argued that people buying the stablecoin are not expecting it to go up in value.

Crypto, forex platform CEO pleads guilty in $248M fraud scheme
Crypto, forex platform CEO pleads guilty in $248M fraud scheme

The CEO of the purported crypto trading platform EminiFX, Eddy Alexandre, could face as much as 10 years in prison after pleading guilty to a fraudulent scheme that stole over $248 million from investors.

Wormhole hacker moves another $46M of stolen funds
Wormhole hacker moves another $46M of stolen funds

The Wormhole hacker has moved another $46 million in crypto to MakerDAO in an apparent attempt to take advantage of arbitrage yields.

Kraken CEO Seemingly Regrets Decision To Settle With SEC; Urges Congress To Protect US Crypto Industry
Kraken CEO Seemingly Regrets Decision To Settle With SEC; Urges Congress To Protect US Crypto Industry

"Congress must act to protect the domestic crypto industry and US consumers who will now be going offshore to obtain services no longer available in the US," Powell said in a tweet.

SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance
SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance

According to a member of the DAO that manages Lido Finance, crackdowns from the SEC on crypto staking could result in a shaky future for decentralized finance (DeFi) in the United States.

BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens
BUSD Depegs From Rival Stablecoin Tether After US Regulator Tells Paxos to Stop Minting New Tokens

Traders seem to be migrating from Paxos' BUSD stablecoin to tether.

Binance Plans to 'Move Away' From Its Stablecoin After Regulators Slam BUSD Issuer
Binance Plans to 'Move Away' From Its Stablecoin After Regulators Slam BUSD Issuer

Binance’s prime stablecoin Binance USD is on the outs after regulators at both the state and federal level took aim at the company that was issuing one of the most popular stablecoins on the market.Read more...

Crypto firm Paxos ordered to stop minting Binance dollar-pegged token as SEC's crackdown widens
Crypto firm Paxos ordered to stop minting Binance dollar-pegged token as SEC's crackdown widens

The firm will stop issuing BUSD, the world's third-biggest stablecoin, as the SEC reportedly plans to sue Paxos for the sale of unregistered securities.

Elon Musk jokes at the Super Bowl that he's talking to Rupert Murdoch about Dogecoin - and the meme coin immediately jumps 5%
Elon Musk jokes at the Super Bowl that he's talking to Rupert Murdoch about Dogecoin - and the meme coin immediately jumps 5%

In a tweet that posted a picture of the pair seated next to each other, with a caption asking what they were discussing, Musk simply said: "Dogecoin."

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