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Kraken Asks Court to Dismiss SEC Claims to Avoid ‘Significant Reordering’ of U.S. Financial Structure

Kraken Asks Court to Dismiss SEC Claims to Avoid ‘Significant Reordering’ of U.S. Financial Structure

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.

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Grayscale’s GBTC outflows outweigh broad inflows across spot bitcoin ETFs

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.

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Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win

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.

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BlockFi to shut web platform this month, will let users access funds via Coinbase

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

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EigenLayer’s EIGEN Airdrop Might Signal Demise of Once-Popular ‘Points’

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

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Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain ‘Eclipse’ to Step Back

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

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White House set to nominate CFTC Commissioner Johnson to Treasury role: Bloomberg

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

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Marathon Digital mined $176 million in bitcoin as profit jumped 184% in Q1

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

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Eclipse CEO steps back amid harassment allegations

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

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Bitcoin Miner Marathon Digital Misses Q1 Revenue Expectation On Operational Challenges

TK

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