By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data By shutting down Kraken’s staking service, the SEC could shift power over Ethereum toward solo stakers and decentralized alternatives.Publish at: February 13, 2023 at 11:07PM
How the SEC Could Reshape Ethereum’s Staking Landscape for the Better
Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves.Publish at: February 13, 2023 at 11:00PM
CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The request to stay the SEC’s civil case against Bankman-Fried is still pending.Publish at: February 13, 2023 at 10:31PM
Crypto’s Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to link with […]
Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The stablecoin issuer confirmed it has received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming.Publish at: February 13, 2023 at 09:14PM
Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500.Publish at: February 13, 2023 at 09:14PM
NFT Influencer Cozomo de’ Medici Donates 22 Digital Artworks to LACMA
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The latest NFT donation highlights how major art institutions are embracing digital collectibles.Publish at: February 13, 2023 at 09:09PM
Hacking Crypto Wallets Is Latest Strategy in Quest to Recover Lost Billions
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Unciphered recovers lost crypto funds by auditing code and finding vulnerabilities in wallets.Publish at: February 13, 2023 at 08:10PM
Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Staci Warden says crypto-native firms are being punished rather than given guidance.Publish at: February 13, 2023 at 07:45PM
Circle Sounded Alarm on Paxos, Told NYDFS Binance’s Stablecoin Wasn’t Fully Backed: Bloomberg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data New York’s top financial regulator is investigating stablecoin issuer Paxos – and, according to a new report, it was rival stablecoin issuer Circle that sounded an alarm.Publish at: February 13, 2023 at 07:38PM