Kraken reaches $30M settlement with SEC over staking
“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.
Posts published on February 9, 2023 go to media archive 2/3
Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power
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…
Coincover secures $30 million in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT digital.
Monero Ready To See More Losses? XMR Drops Below Crucial Support
The Monero (XMR) price has been downward over the last week. Monero lost close to 10% of its market value in that period. On the one-day chart, XMR posted a 3% depreciation. The market remains sensitive as the Monero price remains in the clutches…
Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing.
Major Crypto ATM Operator Coin Cloud Files for Bankruptcy
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…
Judge extends Sam Bankman-Fried’s bail restrictions on messaging apps: Report
The former FTX CEO’s bail restrictions will remain in place until Feb. 21 following the judge’s ruling to extend a ban on using certain messaging apps.
Bitcoin Exchange LocalBitcoins To Shut Down, Citing Market Conditions
According to an announcement on its website, the peer-to-peer Bitcoin platform will be shutting down before the end of February 2023.LocalBitcoins has announced that the exchange will be closed for service by the end of February. The long-time…
SPS discusses challenges of building GameFi amid crypto winter
Despite tough times for the industry, the blockchain MOBA game reached 200,000 downloads after just two months.
Why Ethereum Could Present Unique Opportunity For Investors If It Drops Below $1,600
Ethereum has been retracing on its previous weeks’ profits and seems ready to re-test support levels below its current price. The crypto market has seen significant gains as the macroeconomic landscape shows signs of improvement, but the crypto…
LBank Secures Virtual Asset Provider Registration to Operate in Italy
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…
Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers
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…
Why are artificial intelligence tokens going parabolic? Watch Market Talks live
Join us as we discuss the reasons behind the recent price rally of artificial intelligence tokens.
New Hampshire could become an alternative for crypto firms moving to the Bahamas
A state commission recommended that New Hampshire eliminate the gray area in which cryptocurrency companies currently operate.
Biggest Movers: LINK Moves to 3-Month Peak, as DOGE Drops to 10-Day Low
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…
Bitfarms settles outstanding loan with BlockFi for $7.75M
The Toronto-based Bitcoin mining company has reduced its debt by nearly 85% since June 2022.
Trust Wallet Comes Clean On Rumors Regarding $4 Million ‘Hack’
Multichain cryptocurrency wallet provider, Trust Wallet, has cleared the air around a mysterious $4 million theft from its user’s account. Rumors about the theft started circulating on Monday, January 6. According to the rumors, a scammer…
Coinkite Launches Its New Flagship Bitcoin Hardware Wallet Coldcard Q1
The new COLDCARD improves upon the Mk4 by adding a QWERTY keyboard, a big LCD screen, and a QR code scanner.Bitcoin hardware company Coinkite is launching a new higher-end COLDCARD, featuring a full QWERTY keyboard, a larger LCD screen and a QR…
AI to feature prominently in the crypto user experience — Nansen CEO
Nansen CEO Alex Svanevik tells Hashing It Out that he is bullish that artificial intelligence will play a major role in the future of the crypto industry.
Bitcoin price hits 2-week low amid warning $22.5K loss means fresh dip
Bitcoin may go “hard lower” if it fails to preserve the area around $22,500, market participants say.
Localbitcoins, the Pioneer P2P Bitcoin Exchange, Shuts Down After a Decade of Service Due to Crypto Winter
Cointelegraph Top 100 of 2023: Heroes and villains from 81-90 out now
Cointelegraph is releasing its 2023 Top 100 list in increments, with profiles 81 to 90 ready for viewing. Take a gander!
Luna Classic Faces Strong Resistance At This Level – Can Bulls Barrel Through?
Altcoins in the crypto space have been seeing a lot of volatility lately as major cryptocurrencies Bitcoin and Ethereum face resistances which hindered their growth. Luna Classic, the revival attempt of the Terra Luna ecosystem, is one of those…
Crypto and securities: New interpretation of US Howey test gaining ground
Lewis Cohen headed a team researching Howey-related case law to propose an application that differentiates between primary and secondary transactions.
Bitcoin, Ethereum Technical Analysis: BTC Moves Below $23,000 as Market Volatility Heightens
Bitcoin dropped to a two-week low on Feb. 9, with prices falling below the $23,000 mark after a brief rally on Wednesday. Cryptocurrencies moved lower across the board, as uncertainty surrounding the state of the global economy impacted investor…
The importance of open-source in computer science and software development
Open-source software development promotes collaboration, innovation and accessibility in the tech industry.
Cardano Founder Wades Into The Staking Debate, Points Out Problem In Ethereum
Charles Hoskinson, the founder of Cardano, thinks the entire staking model used in Ethereum is problematic. The Ethereum Staking Model is Flawed, Says Cardano Founder Charles waded into the staking discussion following Brian Armstrong’s…
German DekaBank plans to launch tokenization platform by 2024
DekaBank’s partnership with Metaco is not about cryptocurrencies like Bitcoin but the tokenization of bonds and stocks.
Homesteader Conversations: Urban Farming, Bitcoin And The Future Of Self Sovereignty
Meet Erin, a Bay Area urban farmer and astrologist who sees Bitcoin and homesteading as community-focused ways of becoming self-sufficient.In this edition of the “Bitcoin Homesteaders Interview Series,” I spoke with Erin, who built an urban farm in…