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Court Approves Bankrupt Miner Compute North’s Restructuring Plan

Bradley Nelson Feb 21, 2023 0 Comments

A US judge has greenlighted Compute North's restructuring plan after the crypto miner filed for bankruptcy last September. Per the…

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Congress Decides Crypto Regulation, Not The US SEC – Blockchain Association

Bradley Nelson Feb 17, 2023 0 Comments

According to the policy expert of the Blockchain Association, Jake Chervinsky, financial regulators in the United States have made efforts…

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Circle Debunks Crypto Twitter’s SEC Enforcement Action

Bradley Nelson Feb 16, 2023 0 Comments

The crypto industry last week witnessed another crackdown by the US Securities and Exchange Commission (SEC) on Kraken and Paxos.…

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Wall Street Expects US CPI Data to Fall as Crypto Eyes Further Recovery

Bradley Nelson Feb 16, 2023 0 Comments

Wall Street anticipates a further drop in the consumer price index (CPI) inflation data after the US Bureau of Labor…

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Lido DAO’s Governance Token LDO Rallies as it Weighs Proposal on $30M Ether Stake

Stephen Causby Feb 16, 2023 0 Comments

The governance token LDO offered by the decentralized autonomous organization (DAO) rallied 10% following the entity’s February 14 proposal on…

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Algorand Foundation CEO Decries Crypto Crackdown, Challenges SEC to Offer Regulatory Clarity

Stephen Causby Feb 14, 2023 0 Comments

Algorand Foundation chief executive Staci Warden decried the recent enforcement action by SEC to the crypto-native firms. She questioned the…

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Wormhole Bridge Fraudster Earns from $46M Staked in Maker, Purchases Wrapped Ether

Stephen Causby Feb 13, 2023 0 Comments

The exploiter involved in the Wormhole bridge $320 million attack earns yields from staking the fraudulently gained tokens. A recent…

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Nexo Is All Set To Halt Its Earn Interest Product For American Clients In April

Mubashar Nawaz (United Arab Emirates) Feb 12, 2023 0 Comments

After the settlement with the Securities and Exchange Commission of the United States in the previous month, Nexo (a crypto…

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What SEC Crackdown on Kraken Means for Ethereum Staking

Andrew Richard Feb 12, 2023 0 Comments

On Friday, the Securities and Exchange Commission (SEC) revealed that Kraken, a crypto exchange, had agreed to settle a $30…

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Kraken Terminates US Crypto-Staking Service, Settles $30M Fine Imposed by SEC

Stephen Causby Feb 12, 2023 0 Comments

Crypto exchange Kraken confirms the immediate shutdown of its US-based crypto staking-as-a-service operations. The shutdown will feature payment of a…

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US SEC Chair Responds To Allegations Of Making It Difficult For Crypto To Enter the Mainstream

Mubashar Nawaz (United Arab Emirates) Feb 11, 2023 0 Comments

US Securities and Exchange Commission’s chairman Gary Gensler has reacted to the accusations related to posing additional complications and challenges…

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Coinbase’s CPO Surojit Chatterjee Joins Andreessen Horowitz

Mubashar Nawaz (United Arab Emirates) Feb 11, 2023 0 Comments

Surojit Chatterjee, the person who operated as the chief product officer at Coinbase (a crypto exchange platform), has left the…

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Aave DeployingStablecoin GHO on Ethereum-based Goerli Testnet

Stephen Causby Feb 11, 2023 0 Comments

Aave is set to rival fellow DeFi protocols by deploying native stablecoin GHO. GHO entry into the competitive space as…

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Ether Price Faces Possible 20% Correction As SEC Goes Hard On Crypto Staking

Bradley Nelson Feb 10, 2023 0 Comments

Ether saw its worst daily price performance in 2023 as the US Securities and Exchange Commission (SEC) started cracking down…

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MakerDAO Introducing Spark Protocol Lending Platform to Rival Aave Protocol

Stephen Causby Feb 9, 2023 0 Comments

MakerDAO, decentralized finance (DeFi), is set to release Spark Protocol to improve DAI stablecoin utilization. The release of the lending…