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Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source
9.2.2023
Kraken has agreed to shut its cryptocurrency-staking operations to settle charges with the U.S. Securities and Exchange Commission (SEC), according to an industry source briefed on the matter
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...
Crypto Would Survive an SEC Crackdown on Crypto Staking
9.2.2023
SPS discusses challenges of building GameFi amid crypto winter
9.2.2023
Despite tough times for the industry, the blockchain MOBA game reached 200k downloads after just two months
LBank Secures Virtual Asset Provider Registration to Operate in Italy
9.2.2023
PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank...
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
9.2.2023
Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users...
New Hampshire could become an alternative for crypto firms moving to the Bahamas
9.2.2023
A state commission recommended that New Hampshire eliminate the gray area in which cryptocurrency companies currently operate
Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down
9.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...
Binance Recruits Brussels Lobbyist as EU Develops Crypto Rules
9.2.2023
The leading crypto exchange is seeking to extend influence as the company extends its push into the increasingly regulated bloc
Crypto Payments Firm MoonPay and NFT Marketplace LooksRare Ink New Partnership
9.2.2023
LooksRare users can now buy and sell cryptocurrencies through MoonPay, which will allow users to purchase NFTs with a credit card
AI to feature prominently in the crypto user experience — Nansen CEO
9.2.2023
Nansen CEO Alex Svanevik tells Hashing It Out that he is bullish that artificial intelligence will play a major role in the future of the crypto industry
Best Crypto to Buy Today 9 February – MEMAG, SAND, FGHT, NEAR, CCHG
9.2.2023
The cryptocurrency market is facing a dip so far Thursday, with many top coins experiencing losses as regulatory authorities increase their focus on the industry.
Bitcoin, the leading cryptocurrency, faced a dip and briefly reached a four-week low of $22,408 before recovering to prices around...
Is it Too Late to Buy Ethereum? Crypto Experts Give Their ETH Price Predictions
9.2.2023
Ethereum (ETH) remains poised as bulls struggle to break hard resistance at $1,700.
Currently trading at $1,640 - ETH continues to consolidate around the local support level at $1,650.
Tightening Bollinger bands in late December set the stage for an impressive rally into 2023. As ETH continues...
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
9.2.2023
Localbitcoins, the Helsinki, Finland-based bitcoin exchange founded in 2012, is closing operations after over a decade of service. The company’s operators attribute the shutdown to the “ongoing crypto-winter,” which has left them unable to continue offering their bitcoin...
Crypto Exchange Kraken in Hot Water with SEC Over Alleged Securities Violation – Here's What You Need to Know
9.2.2023
The US-based crypto exchange Kraken is in hot water with regulators over an alleged violation of securities rules related to the selling of “unregistered securities.”
The Securities and Exchange Commission’s (SEC) probe into whether Kraken did offer unregistered securities to US consumers is...
Crypto and securities: New interpretation of US Howey test gaining ground
9.2.2023
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions
Abkhazia Police Seize 396 Crypto Mining Rigs in 48 Hours as Electricity Woes Continue
9.2.2023
Police in Abkhazia have confiscated 396 crypto mining rigs in the space of just 48 hours – as the de facto state continues its battle against illegal miners. The government has blamed illegal miners for crippling power shortages and rolling blackouts that have left thousands without electricity....
Crypto Protection Firm Coincover Raises $30M
9.2.2023
Silicon Valley investment firm Foundation Capital led the funding round
Bankrupt Crypto Lender BlockFi Takes Two-Thirds Haircut to Settle Bitcoin Miner Bitfarms' Debt
9.2.2023
The miner had recently warned it might stop paying off the debt to BlockFi
LocalBitcoins closes down the P2P crypto exchange service
9.2.2023
LocalBitcoins’ customers have 12 months to withdraw their cryptocurrencies from the LocalBitcoins wallet but are advised to do so immediately