Crypto Mom Lambasts SEC Over Kraken Staking Decision And $30 Million Fine
Summary: SEC Commissioner Hester Pierce disagreed with the regulator’s move to shut down Kraken’s staking service.Pierce noted that the decision...
Ethereum News
3AC Founders Launch New Exchange For Crypto Claims Trading
3AC founders Su Zhu and Kyle Davies are launching a new crypto exchange in partnership with Coinflex. Open Exchange (OPNX) will...
Crypto Winter Forces LocalBitcoins To Shut Down Operations
LocalBitcoins has announced that it will shut down its platform this month. The Bitcoin exchange cited the ongoing crypto winter as...
Tether Posts $700 Million Profit, Eliminates Commercial Paper From Reserves
Tether reported a $700 million profit in the last quarter of 2022.The USDT issuer no longer holds commercial paper in...
Ethereum’s Shanghai Upgrade To Raise ETH Staking Average And Balloon PoS Validator Count: Report
Summary: JP Morgan analysts expect the ratio of staked Ether to move towards the 60% average on other Proof-of-Stake blockchains.The...
Robinhood Board Approves Buyback Of Sam Bankman-Fried’s 55 Million Shares
Summary: Robinhood plans to buy back nearly $600 million worth of shares owned by the FTX Founder.Sam Bankman-Fried scooped the...
Kraken Faces SEC Probe Over Sale Of Unregistered Securities
Kraken is reportedly facing a probe by the SEC over the sale of unregistered securities. The securities regulator is probing whether...
Yuga Labs’ Dookey Dash Is Plagued With Rampant Cheating
Yuga Labs’ recently launched Dookey Dash has witnessed rampant cheating among players. The skill-based game is reportedly filled with boosters who...
Chiliz (CHZ) Debuts EVM-Compatible L1 Blockchain
Summary: The blockchain-powered sports fan token launched its own layer 1 decentralized network on Tuesday.Chiliz’s L1 chain is compatible with...
Kyle Davies and Su Zhu Ducked 3AC Court Summons, Lawyers Tell Court: Report
Summary: Lawyers for Three Arrows Capital (3AC) said Davies and co-founder Su Zhu ignored the court subpoena served on Twitter...
Former Coinbase Manager Pleads Guilty To Insider Trading Charges
Ishan Wahi, an ex-Coinbase product manager, has pleaded guilty to insider trading charges. Wahi initially pleaded not guilty to the wire...
Grayscale Files ‘Final’ Briefs In ETF Lawsuit Against SEC
Summary: Gary Gensler’s SEC rejected Grayscale’s Bitcoin exchange-traded fund application citing fraud and market manipulation concerns.The digital asset manager sought...
AI Crypto Tokens Fetch.ai and SingularityNET Gain 20%
AI-related crypto tokens like Fetch.ai (FET) and Ocean Protocol (OCEAN) have rallied more than 20% over the past 24 hours. The...
Barry Silbert’s DCG Offloads Discounted Grayscale Shares
Summary: DCG has started selling assets held by Grayscale, the Financial Times reported.Recent SEC filings show that most of its...
Digital Currency Group (DCG) And Genesis Reach Initial Deal With Creditors
The Digital Currency Group (DCG) and Genesis have reached an in-principle agreement with the conglomerate’s main creditors. The deal involves the...
