Kraken's Australian Exchange Operator Fined $5.1 Million for High-Risk Margin Trading Products
The exchange didn't take the proper steps to ensure investors were "not inappropriately marketed products that could harm them," said the ASIC chair.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Coincheck Launches 2x Crypto CFDs Six Years After Ending Margin Trading
Japanese cryptocurrency exchange Coincheck has staged a comeback in crypto derivatives more than six years after closing its previ...
Ledger Opens 24/7 Tokenized Stocks to Millions With xStocks Integration
Key Takeaways: Ledger and a new partnership with Payward have brought xStocks to the Ledger wallet ecosystem. Eligible Ledger hold...
US crypto ETFs draw over $3 billion this week, with nearly $800 million flowing beyond Bitcoin
US crypto exchange-traded funds have pulled in more than $3 billion this week as fresh demand spread beyond Bitcoin into Ethereum...
Bitget Halts Withdrawals After $351.6M Hot Wallet Incident Hits Crypto Exchange
Key Takeaways: Bitget reported unauthorized transactions of about $351.6 million that occurred in a portion of its hot & warm wall...
Bitget’s hack just got $36 million bigger, and now there’s a bounty on the stolen crypto
Bitget has raised the estimated value of assets taken in its Sept. 24 breach to $387.5 million as exchanges and security firms mob...
MultiversX restarts after exploit halt, but Kraken still bars new EGLD trades
MultiversX, a blockchain network, said its mainnet was back online Thursday, Sept. 24, about five days after an exploit-related ha...