It looks like Brian Armstrong of Coinbase fame was right to be as concerned as he was about the SEC and other organizations targeting crypto staking. In the latest headlines, the Securities and Exchange Commission has gone after Coinbase’s competitor Kraken. The exchange has agreed to shut down all its staking services as part of a settlement agreement and pay up to $30 million in fees. SEC Goes After Kraken In a complaint against the Northern California-based trading...
Read More »Blockchain.com Decides to Shut Down London-based Crypto Asset Management Wing
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Read More »OpenAI Introduces More AI Customization Tools for Users
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Read More »Meta to Launch Decentralized Social Network
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Read More »Hedera Exploit: Attackers Target Smart Contract Service Code
Decentralized proof-of-stake (PoS) blockchain Hedera finally confirmed a security breach. In an update, the team behind the platform revealed that attackers managed to exploit the Smart Contract Service code of the protocol’s mainnet to transfer Hedera Token Service tokens held by victims’ accounts to their own. It said the root cause of the issue has been identified by the team, and are working on a solution. Hedera Exploit Hedera further noted that the attackers targeted...
Read More »Bakkt Q4 2022 Earnings Result Reveal Worse-than-Expected Adjusted Earnings
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Read More »Silicon Valley Bank CEO Reassuring Clients after 60% Shares Slump
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Read More »Multiple Portfolio Companies Withdraw Funds from Silicon Valley Bank
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Read More »Biden Administration Seeks to End Crypto Tax Subsidies and Fix the Loophole
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Read More »Coinbase Launches New Web3.0 Discovery Surface
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