Gary Gensler and the Securities and Exchange Commission (SEC) have accused Kraken, a prominent cryptocurrency exchange, of violating securities laws. In response, Kraken has agreed to pay a $30 million fine and has reached a permanent agreement to cease its staking services in the United States, which has been met with disappointment from the cryptocurrency community.  Following the resolution of […]

Genesis Global Trading equity to be turned over to Genesis Global Holdco for eventual sale and repayment of clients. Gemini Trust Co. to contribute “up to $100 million more” for affected Earn users as part of the resolution plan. Bankrupt cryptocurrency broker Genesis has filed plans detailing how it will repay its creditors. According to a recent filing, the parent […]

Cardano maintainer IOG has confirmed the news that will undoubtedly excite the legion of ADA fans. The community coordinator at IOG, Rebecca Hopwood, has revealed that an upcoming long-awaited upgrade has been scheduled for Valentine’s Day. The SECP upgrade, now dubbed “Valentine”, will introduce new Plutus SECP cryptographic primitives to the Cardano chain. The proposal was submitted on Thursday by […]

The parts that make up the cryptocurrency ecosystem are not all equal, United States Federal Reserve Board governor Christopher Waller told a conference audience on Feb. 10. He had clear preferences among the three elements of the ecosystem that he identified. Waller was hosted by the Global Interdependence Center at its “Digital Money, Decentralized Finance, and the Puzzle of Crypto” […]

Citing sources familiar with the matter, the Journal reported that financial services company Cantor Fitzgerald is helping Tether oversee a $39 billion bond portfolio comprised of United States Treasury securities. The report indicated that some firms on Wall Street are willing to support crypto service providers despite ongoing regularity concerns facing the industry. Founded in 1945, Cantor Fitzgerald specializes in […]

On Feb 10, Cryptocurrency exchange Binance announced a major upgrade to its Proof of Reserves Verification system to include zk-SNARKs — a cutting-edge technology that Binance says will allow it to verify its reserves in a more secure and transparent manner. After the FTX incident in 2022, Proof of Reserves Verification became a crucial aspect of the cryptocurrency industry, as it […]

On Feb. 8, Cointelegraph released its annual Top 100 list of the most impactful heroes and villains for 2023. The list is being released in batches of 10, counting down the top players in the crypto space based on their actions and headlines in 2022 and their expected impact for 2023. So far, Cointelegraph has released numbers 81–100. DISCOVER COINTELEGRAPH’S […]

The evolution of cryptocurrencies from speculative investment to a new asset class has caused governments all around the world to look for ways to regulate them. Steps are being taken to make crypto a safer investment option without penalising the crypto firms or running them to the ground.  The US, however, tends to address the situation differently than other nations. […]

Local Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow on Feb. 6 at the request of Interpol. However, according to a Feb. 10 report from CoinDesk, Shkurenko was stopped and detained by the local police for an identity check, then promptly let go after a conversation. Shkurenko said he is not involved in […]