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Lawyers of crypto exchange Kraken have told a U.S. court that claims by the U.S. Securities and Exchange Commission (SEC) against it should be dismissed to avoid a “significant reordering” of the U.S. financial regulatory structure, according to court filings submitted in the Northern District of California on Thursday.

The 11 spot bitcoin funds in the U.S. recorded a total net outflow of $11.29 million on Thursday, despite many of them seeing net inflows.

Exiled opposition leader Mark Fegyin is leading an effort to give Russians an anonymous, blockchain-powered way to register a “protest vote” against Russia’s election results which have handed Vladimir Putin a fifth term as Russian president.

BlockFi clients will be able to access crypto withdrawals via Coinbase after the platform shuts down this month.

EIGEN’s airdrop comes after a wave of criticism of its distribution plan and points program.

Neel Somani, founder of Eclipse, which builds a layer-2 blockchain for Ethereum, said sexual misconduct allegations circulating against him on X were “false.”

The White House is set to nominate CFTC’s Kristin Johnson to a top position at the U.S. Treasury Department.

The bitcoin miner’s profits and revenues rose as it stockpiled cash and bitcoin to increase its liquidity to $1.6 billion.

Eclipse founder and CEO Neel Somani is pulling back from his role in the Layer 2 project amid a flurry of sexual assault allegations.

TK