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South Korean Regulator Is Probing Crypto Staking Services
24.2.2023
A top South Korean financial regulator has launched a probe into domestic crypto staking services. And crypto exchanges are concerned this means new staking-related regulations could be incoming.
The media outlet News1 reported that the Financial Supervisory Service (FSS) has “recently requested”...
YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product
24.2.2023
The product is designed to offer users exposure to a basket of liquid staking derivatives in one token
Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking
23.2.2023
Juthica Chou says there is still strong trading interest, despite the SEC’s crackdown on the exchange’s staking-as-a-service platform
The SEC’s Crackdown on Ethereum Staking Has a Silver Lining
23.2.2023
The SEC’s recent actions shut down centralization staking services, but not individual staking and decentralized staking services. That could increase decentralization and help restore crypto’s original mission
DeFi Protocol Ankr's Token Surged 73% on Microsoft and Tencent Partnerships
22.2.2023
Liquid staking token Ankr (ANKR) continues to trade 73% higher than Tuesday's open after it announced partnerships with technology giants Microsoft and Tencent
Ethereum Shapella upgrade gets new date, making way for un-staking ETH
22.2.2023
The upgrade is only for the Sepolia network and a subsequent upgrade for Goerli network would be introduced in March
Coinbase staking 'fundamentally different’ to Kraken's — chief lawyer
22.2.2023
After the SEC’s crack-down on Kraken, Coinbase’s legal head outlined the differences between Kraken’s staking product and its own
Proof of Stake Alliance publishes white papers on legal aspects of liquidity staking
21.2.2023
Experts from 10 industry organizations contributed to this pioneering examination of legal questions surrounding proof of stake
SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount
21.2.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler thinks the cryptocurrency industry is playing a game with his agency. He has said that companies are well aware of what they have to do to operate legally within the U.S., but they’ve decided not to do it – some of them in open scorn...
FTX poked the bear and the bear is pissed — O'Leary on the crypto crackdown
21.2.2023
Kevin O'Leary believes U.S. Senators are “fatigued” and “pissed” at the cryptocurrency industry for having to deal with one blowup after another
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
19.2.2023
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against...
SEC Clampdown Has Crypto Space Abuzz, Pantera Capital Says We’re in Bull Market, and Much More — Week in Review
19.2.2023
There’s been no shortage of news in past weeks when it comes to the United States Securities and Exchange Commission (SEC) taking action against crypto exchanges and companies. From Kraken, to Paxos, to Terraform Labs, it seems enforcement is in the air when it comes to chair Gary...
Custodia Bank CEO slams Washington’s ‘misguided crackdown’ on crypto
18.2.2023
Caitlin Long revealed that she had warned government agencies of major “fraud” in the crypto space months before several firms went bankrupt
SEC’s staking crackdown has uncertain consequences for DeFi: Finance Redefined
17.2.2023
The DeFi market’s total value locked surpassed $50 billion for the first time in six months thanks to the bullish burst in the crypto market over the past week
SEC vs. Kraken: A one-off or opening salvo in an assault on crypto?
17.2.2023
The U.S. Securities and Exchange Commission may be focused on custodial staking programs today, but does it also have proof-of-stake blockchain networks in its sights?
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
16.2.2023
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido...
Only 31% of Staked Ether May be Profitable: Binance Research
16.2.2023
Around 2 million ETH was staked when prices were in the range of $400-$600. These stakes are are some of the strongest Ethereum believers, according to Binance Research
Crypto CEOs Need to Accept That Existing Regulations Also Apply to Them
15.2.2023
Coinbase’s CEO thinks the rules that apply to other financial services don’t apply to his multi-billion-dollar financial services company. His ignorance – either intentional or literal – is concerning
Lido DAO’s Governance Token LDO Jumps on Treasury Proposal
15.2.2023
The largest Ethereum staking service provider’s DAO has issued a vote over what it should do with its $30 million worth of ether
Ether Staking Service Lido Granted 1M Optimism Tokens to Incentivize Wrapped Staked Ether Adoption
15.2.2023
Lido and Optimism aim to increase the availability of wrapped staked ether (wstETH) with OP tokens through the new liquidity mining and user incentives program