– Advertisement – The SEC’s crackdown on centralized staking services has induced volatility in liquid staking tokens. Traders poured into DeFi staking due to the uncertainty surrounding ...
Tag: staking
SEC under fire for regulation by enforcement in Kraken staking action
Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun. On Feb. 9, Kraken said it would end its staking service in the U.S. and disclosed paying a $30 million fine to settle allegatio...
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. ...
Kraken reaches $30M settlement with SEC over staking as IRS seeks user information
Cryptocurrency exchange Kraken has reached an agreement with the United States Securities and Exchange Commission to stop offering staking services or programs to U.S. clients. In a Feb. 9 announcemen...
‘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...
Cardano founder C. Hoskinson proposes contingent staking to meet regulatory needs
As the crypto space comes to terms with the renewed regulatory scrutiny around staking activities, Cardano (ADA) founder Charles Hoskinson has shared a model that could align with legal requirements. ...
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...
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...
JPMorgan Says Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-of-Stake Blockchain Average
It could be argued that the utility of these liquid staking protocols would be reduced as the upgrade date approaches, the note said. The counterargument is that the utility of these protocols is not ...
Kraken suspends staking, SEC investigation ongoing
Crypto exchange Kraken has confirmed the shutdown of its crypto staking services as part of a settlement with the SEC. The news comes hours after Coinbase’s Brian Armstrong confirmed rumors surroundin...
Coinbase Not Planning to Halt Staking Program Despite SEC Crackdown on Service
Coin base’s legal officer said the Kraken incident would not affect its staking program. Coinbase, a leading cryptocurrency exchange based in San Francisco, has announced that it will not halt its cry...
Kraken Agreed SEC Charges & Shut Down its Staking Service
7 hours ago | 2 mins read Editors News Kraken was fined $30 million by the SEC. Kraken entities agreed to end its on-chain staking services. Following the regulator’s probe into Kraken, the crypto exc...
Coinbase to Fight SEC in Court Over Staking – Trustnodes
“We don’t play games,” Paul Grewal, the Chief Legal Officer at Coinbase, stated after the US Securities and Exchanges Commission (SEC) announced a settlement with Kraken over staking. “The public sho...
Coinbase’s (COIN) Brian Armstrong Cites ‘Rumors’ the SEC May Ban Retail Crypto Staking
“Staking tends to get misconstrued with unrelated activities like lending, but staking is fundamentally a way for anyone to join in providing security for proof-of-stake networks,” Mangier...
Kraken settles with SEC over crypto staking — is Coinbase next?
Crypto exchange Kraken has agreed to pay $30 million and discontinue offering staking-as-a-service in the US, in order to settle charges of offering an unregistered security with the Securities and Ex...
Coinbase stock down 14% as US SEC cracks down on crypto staking
Coinbase (NASDAQ: COIN) share price dropped by 14%, the most it has dropped by since July 2022 when the exchange faced a probe by the US SEC for its cryptocurrency listing. Yesterday’s plunge was afte...
SEC Hits Kraken With $30 Million Fine, Orders Crypto Exchange to Halt Staking in US
The SEC today hit San Francisco-based cryptocurrency exchange Kraken with a $30 million fine for violating securities laws. In a Thursday announcement, the regulatory body announced the firm had faile...
Kraken Exchange Agrees to End US Crypto Staking and Pay $30 Million Fine To SEC
The Securities and Exchange Commission (SEC) has announced that cryptocurrency exchange Kraken will pay a $30 million settlement to resolve charges that it offered unregistered securities. The company...
BTC, ETH Plunge 4% Following SEC Termination of Kraken Staking
Bitcoin fell back to $22,000 on Thursday shortly after the Securities and Exchange Commission (SEC) laid charges against Kraken for the unregistered offering of its staking services. Kraken agreed to...
Kraken to end staking in $30M SEC settlement
Ad Crypto exchange Kraken will discontinue its staking services as part of a settlement with the SEC, according to a press release from the regulator on Feb. 9. There, the U.S. Securities and Exchange...
Rocket Pool Hits $1B TVL on Ethereum Liquid Staking Market
Rocket Pool’s TVL doubled in the last two months to reach $1 billion. Over 64% of Rocket Pool’s TVL is in Ether, with the rest in RPL. Rocket Pool now ranks third behind Lido and Coinbase on Ethereum ...
Coinbase: the SEC could ban crypto staking
Yesterday, controversy arose over a tweet by Coinbase co-founder and CEO Brian Armstrong regarding crypto staking. In fact, Armstrong reports that he has heard rumors about the possibility that the SE...
Kraken Settles With SEC And Ends Staking Services
The Securities Exchange Commission (SEC) charged the two Kraken crypto exchange subsidiaries, Payward Ventures Inc and Payward Trading Ltd, with failing to register and offering their asset staking-as...
Coinbase Drops Most Since July as SEC Cracks Down on Crypto Staking
(Bloomberg) — Coinbase Global Inc.’s shares fell the most in more than six months after rival Kraken was forced to stop providing an investment service also offered by the largest US cryptocurre...
Coinbase CEO Concerns on SEC Banning Crypto Staking Rumors
Brian Armstrong enlightened about crypto staking’s vitality for the industry Banning crypto staking for retail investors has stayed a rumor until now Crypto regulations remain a burning issue and ar...
SEC’s targeting of Kraken staking program sends shockwaves through industry
The Securities and Exchange Commission’s move to charge crypto exchange Kraken with failing to register the offer and sale of its “crypto asset staking-as-a-service program” signals an aggressive new ...
Ethereum Staking is Problematic, Says Cardano Founder C.Hoskinson
Most crypto projects that are based on Ethereum (ETH) utilize the Proof-of-Stake (PoS) consensus mechanism for securing their blockchains and incentivizing network participants. However, each blockcha...
Kraken Winds Down Staking Program, Pays $30 Million to Settle Unregistered Offering of Staking Services Case With SEC – Regulation Bitcoin News
Kraken, a U.S.-based cryptocurrency exchange, has agreed to wind down its cryptocurrency staking program as part of an arrangement with the U.S. Securities and Exchange Commission (SEC) to settle for ...
SEC’s Hester Peirce Blasts Agency’s Attack on Kraken’s Crypto Staking Platform
SEC Commissioner Hester Peirce is blasting the agency’s decision to attack the cryptocurrency exchange Kraken, forcing the company to eliminate its staking program and pay a $30 million fine. In an of...
Coinbase Warns of ‘Staking’ Crackdown. The Stock Is Tumbling.
Text size Coinbase CEO Brian Armstrong. Patrick T. Fallon/AFP via Getty Images The CEO of Coinbase Global warned the Securities and Exchange Commission might be considering cracking down on a process ...