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Liquid Staking Tokens Rally as Kraken Settles With SEC to Sunset Staking Service
9.2.2023
The sudden price uptick of governance tokens for the largest liquid staking protocols Lido Finance, Rocket Pool and Frax Finance defies the decline of the broader crypto market
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
9.2.2023
The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear
Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors
9.2.2023
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service. Ether also declined
IRS Seeks Court Approval to Identify Kraken Crypto Customers
9.2.2023
The Internal Revenue Service has filed a court document seeking permission to enforce a summons for information against Kraken and its subsidiaries
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...
Explore the Possibilities of the Metaverse and Take Your Gaming Experience to the Next Level – Best Presale in 2023?
9.2.2023
The metaverse, a term coined by tech visionaries to describe a virtual reality where people can socialize, play, and work, is gaining significant attention and investment from top tech companies, governments, and financial institutions.
The space is predicted to be worth up to $13 trillion by 2030...
Kraken to Shut US Crypto-Staking Service, Pay $30M Fine in SEC Settlement
9.2.2023
The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws
Blockchain Privacy Is at Risk in the EU
9.2.2023
The EU's comprehensive Markets in Crypto Assets (MiCA) regulation is ambitious and sets a high standard globally. Article 68, however, goes too far and poses a risk to innovation, privacy and security
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
Bitcoin Punks: Ordinal NFT Collection Soars in Value
9.2.2023
Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000
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...
Three Arrows Capital Founders Launch Exchange Where You Can Trade 3AC Bankruptcy Claims
9.2.2023
Named Open Exchange, the platform aims to be a home for trading what it says is a $20 billion market of claims against bankrupt crypto firms, including those of 3AC
Sam Bankman-Fried’s Lawyers Propose Installing Monitoring Software on His Phone
9.2.2023
At a hearing in New York on Thursday, Judge Lewis Kaplan indicated that he was concerned about Bankman-Fried’s ability to hide or delete his communications
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...
DeFi Giant MakerDAO Integrates Blockchain Data Provider Chainlink for DAI Stablecoin
9.2.2023
Chainlink Automation will run specific tasks, including price updates and liquidity balancing, to help maintain the stability of Maker’s $5 billion DAI stablecoin
The Future of Financial Planning Lies in AI and Blockchain
9.2.2023
AI and blockchain could assist in decisions around investments, taxes and insurance, and open up new avenues for income. But financial advisors will still play a key role
Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief
9.2.2023
Energy producers finally have incentives to work with bitcoin miners as the price of natural gas drops from historic highs
Biggest Movers: LINK Moves to 3-Month Peak, as DOGE Drops to 10-Day Low
9.2.2023
Chainlink rallied to a three-month high during Thursday’s session, despite a red wave sweeping through cryptocurrency markets. Today’s surge came as the token broke out of a key resistance level. Dogecoin, on the other hand, was victim to today’s market sell-off, falling to a ten-day low in...