Prominent cryptocurrency exchange Kraken has recently completed the acquisition of TradeStation Crypto, the cryptocurrency-focused division of the online brokerage TradeStation. This move is strategically aimed at bolstering Kraken's regulatory stance and expanding its operations within the U.S. market.
Crypto trader Avraham Eisenberg was convicted on Thursday in a U.S. federal court for his role in manipulating the Solana-based decentralized finance (DeFi) platform Mango Markets, resulting in the theft of $110 million worth of cryptocurrency.
Q1 2024 has marked a significant resurgence in the decentralized finance (DeFi) sector. According to data from DefiLlama, the TVL in DeFi platforms surged from a low of $36 billion in Q4 2023 to a peak of almost $97 billion in the first three months of 2024.
Top stories in the Crypto Roundup today:
- Kraken Expands U.S. Presence with TradeStation Crypto Acquisition
- Crypto Trader Convicted in High-Profile Mango Markets Manipulation Case
- DeFi Growth Explodes in Q1 2024: The Impact of Ethereum Liquid Restaking
- CCData Nominated For Two Hedgeweek Awards