Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Kraken fuels the drive for crypto adoption with an innovative partnership with Williams Racing.
News Desk 2 min read 
The venture capital firm argued that the SEC lacks jurisdiction over the emerging cryptocurrency industry.
Binance CEO Changpeng Zhao said blockchain technology can help to enhance social platforms.
Several venture capital firms, including Sequioa, had invested in the bankrupt FTX.
A former engineer at Alameda revealed that Sam Bankman-Fried (SBF) prioritized rapid company expansion over crucial risk management protocols.
North American Securities Administrators Association argued that the crypto industry has greatly attracted fraudsters.
The move is seen as an effort to consolidate its private operations amidst increasing regulatory oversight in the cryptocurrency industry.
According to Ellison, SBF had instructed her to divert billions of dollars from FTX customer funds, which Alameda used for failed investments and to pay off its debt.
UPbit has introduced an artificial intelligence-backed Fraud Detection System (FDS) that would help it prevent financial fraud.
