SEC alleged that Kraken’s crypto staking services were against US laws. Kraken will pay $30 million in settlements and shut down US crypto-staking services. Non United States customers remain unaffec...
Category: Crypto
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BNY Mellon Executive Says Crypto Assets Are ‘Here To Stay,’ With High Level of Investor Interest: Report
An executive of Bank of New York Mellon reportedly thinks that crypto assets are for the long haul based on a study that the bank commissioned last year. According to Reuters, BNY Mellon’s head of adv...
Three Arrows Capital Co-Founder Announces New Crypto Venture Open Exchange Amid Bankruptcy Controversy – Bitcoin News
Following the recent court filing from liquidators for Three Arrows Capital (3AC) claiming frustration with the 3AC co-founders for allegedly failing to respond to subpoenas sent via Twitter. Su Zhu, ...
Fraudster Tricks a Longmeadow Single Mom Into Crypto Fraud
Anurag is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto indu...
Gensler Responds to “Is SEC Using All Means To Keep Crypto Out of Financial System”
According to Gensler, companies should ensure full disclosure to their customers regardless of the risks. CNBC’s Sorkin called to attention the consensus among crypto proponents that the SEC, under Ga...
Crypto Exchange Binance Adds Shiba Inu (SHIB) and Three Other Altcoins As Verifiable Digital Assets
The world’s largest crypto exchange platform by volume is adding Shiba Inu (SHIB) and three other altcoins to its list of verifiable crypto assets. In a new company blog post, Binance says its introdu...
Ripple CEO Hails Progress In Crypto Regulation Worldwide, Points Out USA’s Flaws
The evolution of cryptocurrencies from speculative investment to a new asset class has caused governments all around the world to look for ways to regulate them. Steps are being taken to make crypto a...
Crypto Price Analysis Feb-10: ETH, XRP, ADA, SOL, and LDO
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Lido. Ethereum (ETH) With the bullish momentum lost, Ethereum has entered a corrective phase, dropping by 5.9% in the past we...
Hong Kong woman paid scammers $800K in crypto to adopt cat
A woman in Hong Kong lost nearly $800,000 when she attempted to adopt a kitten but instead got caught up in an elaborate crypto scam, reports Alarabiya News. The 58-year-old woman’s ordeal began when ...
LocalBitcoins Transformed Crypto Finances in Venezuela—Now What?
Another day, another crypto service shuts down. LocalBitcoins, a peer-to-peer Bitcoin exchange platform, announced its demise, saying it “can no longer provide its Bitcoin trading service”...
C+Charge Presale Huge Bullish News – Next 10x Crypto?
Join Our Telegram channel to stay up to date on breaking news coverage The eco-friendly initiative that aims to reduce carbon emissions C+Charge has enter stage two of its token presale after raising ...
$70B Gone From Crypto Markets as SEC Cracks Down on CEXs: Market Watch
Bitcoin slumped by over $1,000 in the past 24 hours to a three-week low below $22,000 as the SEC officially went after crypto staking. Most altcoins are bleeding out just as badly, with ADA, DOGE, OKB...
Lee Kohn, the Head of the RSTAKING Platform Talks WEB3, Staking, Crypto
Advertisement     Today we are going to articulate about staking and solicit Lee Kohn, the Head of the security department of the staking platform, known as RSTAKING. ...
‘Crypto mom’ disagrees with SEC over Kraken’s staking ban
SEC Commissioner Hester Peirce, known to the community as Crypto Mom, has criticized the agency for taking enforcement action against Kraken exchange and shutting down its crypto staking product follo...
Kraken crypto exchange shuts down staking
The Kraken crypto exchange, the world’s largest Bitcoin exchange in euros in terms of volume and liquidity. Has shut down its cryptocurrency staking operations following charges from the SEC. The US r...
Coinbase’s Stock Shreds 14% Following SEC Crackdown on Crypto Staking
The stock of leading U.S. cryptocurrency exchange Coinbase (COIN) has suffered its biggest daily loss in seven months after the country’s Securities and Exchange Commission (SEC) forced rival exchange...
US SEC Crypto Staking Crackdown Benefits DeFi Services
Decentralized finance protocols such as Lido, Rocket Pool, and StakeWise may benefit from the U.S. Securities and Exchange Commission (SEC) crackdown against crypto staking services, reported Bloomber...
CME CEO Remains Optimistic About Crypto Despite Sell-Off
Alex Dovbnya In recent interview with CNBC, Duffy spoke about current state of market and impact of Federal Reserve’s recent rate hikes CME Group CEO Terry Duffy remains optimistic about the fut...
CryptoRank unveils most-searched early-stage crypto projects
The crypto market’s collapse in 2022 sent the entire market tumbling. However, dozens of enterprises are still investing in blockchain projects championing development in the space. In this article, w...
XRP Ledger-based Crypto-to-Fiat Solution Halts Reward Programs Citing SEC Crackdown
XRPayNet chooses to err on the side of caution in the face of recent SEC enforcement action. XRPayNet, a crypto-to-fiat payment solution built on the XRP Ledger, has disclosed a decision to halt its s...
Board Member of Crypto-Friendly Silvergate Bank Leaves for Polygon
A member of Silvergate’s board of directors resigned Thursday, the crypto-friendly bank disclosed in a recent filing with the Securities and Exchange Commission (SEC). Rebecca Rettig, who initially jo...
Crypto Market Experiences Significant Liquidations Amid SEC Ban Staking
The cryptocurrency market has seen a lot of twists and turns over the previous 24 hours as more than 63K traders liquidated almost $144 million in the market. Bybit received the single-largest liquida...
Kraken move should put crypto industry ‘on notice,’ Gensler says
Securities and Exchange Commission Chair Gary Gensler sent another warning shot to the crypto industry this morning, just a day after the regulator said it settled with the Kraken exchange over allega...
Crypto lawsuits increased by almost 50% in 2022, study reveals
Real broad interest in cryptocurrencies, and crypto exchanges, have just recently reached a high in the crypto industry’s early years compared to other financial sectors. As a result, there is still m...
Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News
A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in...
Crypto Project Hacked With Photo Of Wallet Screen
A hack targeting a Trust Wallet user sent a shock wave to the community. In a new update on Twitter, Trust Wallet said it was caused by a social engineering scam. The scam, which took place by the end...
SPS discusses challenges of building GameFi amid crypto winter
Amid a drastic decline in coin prices, shifting player behavior and hard-to-maintain tokenomics, it’s been a difficult year for many GameFi developers. While more established franchises, such as Axie ...
CEO of Prominent Crypto Mining Firm Argo Blockchain Resigns
4 hours ago | 2 mins read Bitcoin News Seif El-Bakly has been named the company’s interim CEO. In December, the company mined a paltry 147 BTC, a decrease of 25% from last month. Peter Wall, CEO of Ar...
Bitcoin, crypto prices slip; Coinbase extends losses as regulatory fears spook market
Cryptocurrency prices nosedived overnight on the back of increased regulatory scrutiny. Coinbase and Silvergate extended losses in the early session. Bitcoin was trading at $21,770, down 4.2% o...
Russian Crypto Executive Anatoly Legkodymov Arrested in Miami
Russian national Anatoly Legkodymov – the founder of a China-based cryptocurrency exchange who was believed to have been living in China for the past several years – was recently arrested while residi...
CoinMetrics co-founder’s fears of coordinated attacks on crypto come true
The recent actions of the United States Securities and Exchange Commission (SEC) against the cryptocurrency market seem to be in line with the expectations of the venture capitalist and CoinMetrics co...