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Day: October 13, 2021

Five DeFi projects and Kraken tip in $250K each to support Eth2 client teams

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By Brian Quarmby, The Ethereum Foundation will pass the donations on to open-source developer teams including Besu, Erigon, Geth, Nimbus and Nethermind. A group of DeFi projects and U.S. crypto exchange Kraken have donated $250,000 each to the Ethereum Foundation to support client teams working on the Ethereum (ETH) 2.0 upgrade. On Aug. 24 the[…]

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

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By Turner Wright, “Margined, leveraged or financed digital asset trading offered to retail U.S. customers must occur on properly registered and regulated exchanges in accordance with all applicable laws and regulations,” said Vincent McGonagle, the CFTC’s acting director of enforcement. The United States Commodity Futures Trading Commission is ordering crypto exchange Kraken to pay more[…]