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Aave Community Mulls Freezing Binance Stablecoin Amid SEC Pressure
13.2.2023
Members of the Aave community are examining whether to freeze BUSD on the platform and the stablecoin's issuer, Paxos, was sued by the SEC today
Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto
13.2.2023
The service will operate in partnership with Bitfy, a startup focused on blockchain solutions
Digital Asset Platform Bakkt to Discontinue Consumer App After Two Years
13.2.2023
App users will be able to manage their assets over the web after March 16
Crypto Payments Firm Wirex and Visa Expand Partnership to 40 Countries
13.2.2023
Cryptocurrency payments app Wirex has signed a long-term global partnership with Visa that will see the partnership expand its footprint to 40 countries
Binance Says BUSD ‘Funds are Safu’, but a Regulatory Cloud is Forming Over the U.S.
13.2.2023
February has been a great month for the narrative that crypto’s natural home is in Asia
Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
13.2.2023
Chinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million
Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
13.2.2023
It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security
Cathie Wood's ARK Buys Another $9.2M Coinbase After Stock's January Rally
13.2.2023
COIN is down 20% during the last week after a record-breaking rally in January where it rose nearly 95%
Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation
11.2.2023
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following...
Bankrupt Celsius Aims to Raise $14.4 Million From Bitcoin Mining Rig Credits and Coupons
11.2.2023
Defunct cryptocurrency lender Celsius aims to secure more than $14 million from credits and coupons backed by Bitmain, according to an interim CEO Christopher Ferraro in a bankruptcy court filing dated Feb. 9, 2023. Ferraro stated in the filing that the “coupons currently provide no utility...
Genesis Unveils Proposed Sale Plan With DCG, Bankruptcy Creditors
10.2.2023
Parent company Digital Currency Group would turn its equity in Genesis Global Trading over to a holding company as part of an effort to sell both firms
Coinbase Product Head Departs for a16z Crypto
10.2.2023
Surojit Chatterjee tweeted his new role as executive in residence at Andreessen Horowitz
PayPal Puts Stablecoin Project on Hold: Bloomberg
10.2.2023
Yesterday it was reported that PayPal crypto partner Paxos was being by the NYDFS
Crypto Exchange C3 Raises $6M to Offer FTX Alternative
10.2.2023
Two Sigma Ventures led the round for the decentralized exchange
SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool
10.2.2023
Kraken has put an end to staking as a service and Coinbse could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?
Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement
10.2.2023
Though Coinbase’s (COIN) current revenue from staking is relatively small, there is potential for speedy growth if the U.S. Securities and Exchange Commission (SEC) doesn’t crack down on the service altogether
Stablecoin Issuer Tether's Reserves Partly Managed by Cantor Fitzgerald: WSJ
10.2.2023
The Wall Street bond trading powerhouse is managing Tether's $39 billion bond portfolio, according to the report
Ether Liquid Staking Platforms Will Benefit as SEC Actions Likely Fail to Deal DeFi's Knockout Blow
10.2.2023
Lido and Rocket Pool didn’t immediately see a massive rush in of capital after Kraken announced it had settled with the SEC
Bitcoin Miner BitNile Pulls 6,500 Rigs from former Compute North Site
10.2.2023
The miner signed a hosting deal with bankrupt Compute North in September for a site that is now managed by USBTC
Web3 Gaming Platform Ajuna Raises $5M in New Private Financing
10.2.2023
The platform makes it easier for developers to connect traditional game engines to blockchains