The recent security breach on the Indian cryptocurrency exchange WazirX has led to a comprehensive restructuring plan being put into place. However, the exchange has warned that external parties not invested in the platform may try to prolong the restructuring process for their own gains. These parties are said to be creating and maintaining “uncertainty”
Exchanges
Recently, a US federal judge made the decision to deny crypto exchange Kraken’s request to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The SEC had alleged that Kraken was operating an unregistered securities exchange, broker, dealer, and clearing agency. The complaint from the regulator also stated that Kraken had been illegally
Coinbase, one of the leading cryptocurrency exchanges, has made a significant decision to support the Ethereum layer-2 network Polygon’s planned token upgrade from MATIC tokens to the new Polygon Ecosystem Token (POL). This move was announced on Aug. 21, with the migration process set to commence on Aug. 26. During the migration process, users will