Gamza Khanzadaev RPL, LDO, FXS come into spotlight after SEC’s raid on staking-as-service providers As became known yesterday, major cryptocurrency exchange Kraken has agreed to shut down its cr...
Tag: staking
Ethereum Staking Protocol Rocket Pool Reached $1 Billion
On Feb 9, 2023, one of the leading cryptocurrencies, Ethereum’s decentralized staking protocol, Rocket Pool, gained $1 billion in total value locked (TVL) as per the DefiLlama report. The event occurr...
Kraken Crypto Staking Settlement Bedevils Markets as Bitcoin Price Lingers Below $21.9K
Ether, the second-largest crypto by market cap, behaved similarly, dropping from its previous support comfortably above $1,600 to about $1,546, a 6.6% decline from Wednesday same time, that was part o...
Ethereum staking service Rocket Pool reaches $1 billion in total value
On February 9, according to information provided by DefiLlama, the Ethereum staking service Rocket Pool surpassed a total value locked (TVL) of one billion dollars. This development takes place a litt...
Kraken Agrees to Cease Staking Services for U.S. Clients
The United States Securities and Exchange Commission and the cryptocurrency exchange Kraken have come to an agreement that will result in Kraken no longer providing staking services or programs to cus...
Coinbase-SEC Feud Over Staking, Crypto Daily TV 10/2/2023
In Todays Headline TV CryptoDaily News: Russian cybercrime gang Trickbot sanctioned by US, UK. The U.S. and U.K. issued joint sanctions on Thursday against seven members of the infamous Russian cyberc...
Here’s What Changes in Lido’s Staking with New Version
Contents Lido V2 Positive points for Lido Lido DAO is rapidly gaining recognition as one of the most promising platforms in the decentralized finance (DeFi) space. Its popularity stems from its abilit...
Kraken Agrees To Shutter Staking As Part Of SEC Settlement
Cryptocurrency exchange Kraken and the United States Securities and Exchange Commission (SEC) have reached a settlement under which Kraken will pay a $30 million fine and shutter its staking business....
SEC Probes Cryptocurrency Staking: Retail Investors At Risk?
The cryptocurrency world has been thrown into turmoil following rumors of a potential ban on cryptocurrency staking for retail investors by the United States Securities and Exchange Commission (SEC). ...
What the Kraken Crackdown Means for Ethereum Staking
There’s a lot at stake in how Kraken’s settlement with the Securities and Exchange Commission plays out for the crypto industry. On Thursday afternoon, the SEC announced that crypto exchange Kraken ag...
Coinbase CEO addresses rumors that US SEC might ban crypto staking
Join Our Telegram channel to stay up to date on breaking news coverage Brian Armstrong, the CEO of the leading US crypto exchange, Coinbase, recently shared a rumor on Twitter that, if true, would hav...
SEC Chair Gary Gensler Issues Stern Warning To Crypto Firms, Demands Compliance Following Action on Kraken Staking
In the world of cryptocurrencies, the U.S. Securities and Exchange Commission (SEC) is considered the watchdog. The SEC ensures that investors are protected from fraudulent and illegal activities in t...
SEC chair issues warning to crypto firms after action on Kraken staking
United States Securities and Exchange Commission Chair Gary Gensler issued a warning to crypto companies to “come in and follow the law” after the agency announced a settlement with crypto exchange Kr...
What Is Crypto Staking and Why Is the SEC Cracking Down?
(Bloomberg) — In the latest of a string of actions brought by the US Securities and Exchange Commission, the crypto exchange Kraken agreed to pay $30 million to settle allegations that it broke ...
Chairman Gary Gensler Says SEC Is ‘Neutral’, Calls Staking an ‘Important Innovation’
In its most recent move against the cryptocurrency sector, the Securities and Exchange Commission fined exchange Kraken $30 million for its staking service. The action is making cryptocurrency firms ...
Staking Ban Fears & Ethereum Shanghai Upgrade; Buy The Dip?
Ethereum Staking Kraken: After crypto exchange Kraken announced the closure of its staking service, the onus is now on the 1.23 million ETH staked assets belonging to users. The exchange said the unst...
Community urges Coinbase to relist XRP as CEO fights for staking
Amid Coinbase cryptocurrency exchange standing up for crypto staking and economic freedom, the online community has also urged the company to support XRP (XRP). On Feb. 9, Coinbase’s chief legal offic...
SEC Staking Crackdown Could be Positive For Decentralized ETH
On Feb. 9, Gary Gensler and his SEC took aim at Kraken and its staking-as-a-service products. The regulator claims that the U.S. crypto exchange is offering unregistered securities through its staking...
Coinbase stock drops again as SEC crackdown on staking spooks investors
A crackdown on crypto staking from the SEC has weighed on shares of Coinbase (COIN) this week following charges levied at competitors and a cryptic tweet from CEO Brian Armstrong. Shares of Coinbase f...
SEC Cracks Down on Crypto Staking, BTC Loses $23K Mark but Bitcoin NFTs Soar: This Week’s Recap
The past seven days saw the cryptocurrency market decline considerably and lose around $60 billion of its total capitalization. This came on the back of a regulatory crackdown on behalf of the United ...
Hoskinson Sides with SEC: ‘ETH Staking Looks Like Regulated Products’
Charles Hoskinson maintains that staking ETH looks like regulated products. Cardano founder believes locking funds and centralization hurts the crypto industry. Coinbase CEO stands against the SEC’s s...
What does the future hold for ETH staking post SEC’s Kraken ruling?
ETH tanked to a two-week low at press time. However, ETH’s staking activity was not massively impacted. The crypto space felt the pinch of yet another U.S. Securities and Exchange Commission (SEC) ru...
‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions – Regulation Bitcoin News
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million...
Coinbase says its staking services are not securities
Missteps in regulating the technology underlying staking ecosystems may have serious — and negative — consequences, including forcing U.S. consumers to less-regulated foreign platforms, Coinbase Chie...
Kraken CEO Calls on Congress to Protect US Crypto Industry Following Settlement With SEC Over Staking Program – Regulation Bitcoin News
The CEO of crypto exchange Kraken, Jesse Powell, has called on Congress to pass a law to protect the U.S. crypto industry after the Securities and Exchange Commission (SEC) took action against his tra...
Staking revenues under threat as Coinbase shares tumble 22%
U.S. regulators set their sights on crypto-staking services this week, and Coinbase shares tumbled 22%. Shares in the exchange began to trade lower following comments from CEO Brian Armstrong, w...
Coinbase stock plunges 14% as staking ban fears spread
Yesterday, Brian Armstrong, CEO of Coinbase, the largest cryptocurrency exchange in the US, sent shockwaves through the cryptocurrency markets with a single tweet. 1/ We’re hearing rumors that ...
SEC Commissioner Peirce: Kraken Staking Action Not a ‘Fair Way of Regulating’
Yesterday, the Securities and Exchange Commission announced its enforcement action against Kraken, forcing the crypto exchange to shut down its staking service in the U.S. and pay a $30 million fine. ...
Will the SEC Crackdown on Staking Prove to Be a Win for DeFi?
The Securities and Exchange Commission (SEC) seems determined to attack crypto-staking services after filing charges against Kraken. But what will the consequences be for DeFi? Crypto staking is again...
Crypto Market Turns Bearish After SEC Wages War on Digital Asset Staking
The cryptocurrency market has turned bearish in the past 24 hours with Bitcoin and Ethereum prices down approximately 4 and 5.6 percent respectively. According to the latest crypto price oracles, the ...
Charles Hoskinson Says Cardano Ecosystem Is Fine After SEC Bans Kraken US Staking Service – But There’s a Catch
Cardano (ADA) co-founder Charles Hoskinson says ADA remains on solid footing despite the U.S. Securities and Exchange Commission’s (SEC) crackdown on Kraken’s crypto-staking services. In a new Youtube...
Kraken co-founder Jesse Powell comments on staking and SEC settlement
Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on the settlement Y...