Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder. The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country’s regulators.  Armstrong made the comments in a Feb....Continue Reading

Falling crypto prices have forced many crypto miners to cut costs or consolidate in order to survive the crypto winter. Crypto exchange FTX’s collapse and overall crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin Corp., according to Hut 8 CEO Jamie Leverton.  On...Continue Reading

Users will not be able to buy Bitcoin after Mar. 2, and the “Affirm Crypto Program” will officially shut down on Mar. 31. Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment. The CEO released...Continue Reading

The probe is reportedly looking at certain offerings that Kraken has made to its US customers that could be in breach of securities laws. Cryptocurrency exchange Kraken is reportedly being probed by the United States Securities and Exchange Commission (SEC) over whether it breached rules around the offering of securities.  According to a Feb. 8...Continue Reading

A proposed definition change by an Israeli regulator would cause immense harm to the local crypto industry, according to the CEO of Altshuler Shaham Horizon. Proposed laws in Israel that would see cryptocurrencies classified as securities would cause huge damage to the local crypto industry, according to the chief of an Israeli crypto service provider....Continue Reading

Analysts seem to be divided as to whether a bull run is now in session despite many key indicators suggesting the same. It is no secret that the global economy has continued to weaken over the course of the past year. To this point, on Jan. 19, the United States government hit its “debt ceiling,”...Continue Reading

The shares were bought by FTX founder Sam Bankman-Fried and co-founder Gary Wang last year and have been tussled over since the collapse of FTX. Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder...Continue Reading

Companies negotiating with DWS Group include Deutsche Digital Assets, a crypto exchange-traded products provider, and market maker Tradias. Deutsche Bank’s asset management arm is in discussions to invest in two German crypto companies, according to people familiar with the matter. Per a Bloomberg report on Feb. 8, DWS Group CEO Stefan Hoops is currently in talks to...Continue Reading

Linda Jeng will appear as a witness alongside law professor Yesha Yadav and Duke Financial Economics Center policy director Lee Reiners. United States lawmakers with the Senate Banking Committee have announced three witnesses scheduled to appear before a hearing scheduled on Feb. 14. At the time of publication, the U.S. Senate Banking Committee’s hearing titled...Continue Reading

Fujitsu’s Web3 Acceleration Platform promised to provide blockchain-based service APIs, high-computing technologies, simulations, and AI, for developers building Web3 applications and services. The Japanese-based multinational tech company Fujitsu announced the launch of a new platform on Feb 8, designed to support Web3 developers worldwide.  According to a report by the Fintech Times, Fujitsu’s Web3 Acceleration...Continue Reading