Crypto news

Crypto exchange Gemini has agreed to return a minimum of $1.1 billion to customers of its defunct Gemini Earn Program as part of its settlement deal with New York regulators. Gemini, led by Tyler and Cameron Winklevoss, is also facing legal issues from the US Securities and Exchange Commission (SEC) and the New York Attorney General’s office. Gemini’s Settlement With the NYDFS In a press release on Feb. 28, the New York Department of Financial Services (NYDFS) announced its...

In a recent filing, the U.S. Securities and Exchange Commission (SEC) has urged the Delaware bankruptcy court to reject Terraform Labs’ proposal to retain Dentons U.S. LLC as its special counsel. The SEC has raised concerns about the amount paid to Dentons, describing it as “suspicious.” SEC Raises Concerns Over TFL’s $166M Transfer The SEC noted that Terraform Labs transferred $166 million to the Dentons Advance Payment Retainer. Out of this total, $122 million was moved...

[PRESS RELEASE – Los Altos, CA, February 29th, 2024] The GEODNET Foundation, the organization governing the blockchain-based global navigation network GEODNET, is excited to announce the completion of a $3.5 million seed funding round. The round was led by North Island Ventures, with participation from Modular Capital, Road Capital, Tangent, Reverie, and select angels, who join existing GEODNET backers Borderless, IoTeX and JDI Ventures. GEODNET is building the world’s...

[PRESS RELEASE – Miami, USA, February 29th, 2024] Blockchain infrastructure provider QuickNode has today announced the launch of Streams, a cutting-edge solution for real-time blockchain data streaming. With the innovative venture, QuickNode aims to redefine the standards of speed, reliability, and simplicity in blockchain infrastructure, enabling users to build robust data models instantly. The product will complement the provider’s ETL portfolio by letting users utilize...

Online stock and crypto brokerage firm Robinhood has teamed up with the management team of the Ethereum-based layer-2 network Arbitrum to give its wallet users access to swaps on the protocol. According to a release seen by CryptoPotato, the duo announced the alliance on February 29 at the ETHDenver 2024 event in Colorado, saying the collaboration would simplify the path to layer-2 networks. Robinhood Wallet Taps Arbitrum for Coin Swaps Robinhood Wallet users will be able to...

The Shido blockchain, a layer-1 proof-of-stake project, has been hit by an exploit that saw billions of its native token, Shido, siphoned away. This incident led to the Shido token plummeting by 94% in value within just 30 minutes. Over 4.3 Billion Tokens Lost in Exploit According to reports from blockchain security firm PeckShield, the attack resulted in the loss of over 4.3 billion Shido tokens. This accounted for nearly half of its circulating supply, which had a value of...

Der Bitcoin-Preis notiert auf über 63'000 US-Dollar. Der Bitcoin-Preis notiert aktuell auf über 63’000 US-Dollar. Damit ist der Bitcoin-Preis nicht mehr weit von einem neuen Allzeithoch entfernt. Ein guter Zeitpunkt, den einen oder anderen Account bei einer grossen Bitcoin-Börse zu erstellen? Ein Allzeithoch (ATH) bei Bitcoin oder einer anderen Kryptowährung bezieht sich auf den höchsten Preis, den diese Währung jemals an einer Börse erreicht hat....

EOS price is eyeing a fresh increase from the $0.780 support against the US Dollar. The price is now trading above $0.820 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.7950 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.8520 and $0.8750 resistance levels. EOS price is recovering above $0.8250 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $72 against the US Dollar. LTC price is now trading above $74.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance at $70 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise further if it clears the $78.00 and $80.00 resistance levels. Litecoin price is showing positive signs above $75 against the US Dollar, like Bitcoin. LTC...

The Chamber of Digital Commerce (CDC) has filed an amicus curiae to defend Kraken in a lawsuit the U.S. Securities and Exchange Commission (SEC) initiated in 2023. Notably, the CDC supported the crypto exchange’s motion to dismiss the lawsuit in its latest filing. Chamber of Digital Commerce Argues for Kraken In a February 27 filing, the Chamber explained that the amicus brief aims to address and counter the SEC’s current approach to digital asset industry regulation. 1/...