By CD Read more: CoinDesk Though Coinbase’s (COIN) current revenue from staking is relatively small, there is potential for speedy growth if the U.S. Securities and Exchange Commission (SEC) doesn’t crack down on the service altogether.Publish at: February 10, 2023 at 06:46PM
Coinbase’s Staking Service Faces Questions After Kraken’s SEC Settlement
Polygon Exploring Use of ZK Technology for Main Chain, Co-Founder Bjelic Says
By CD Read more: CoinDesk In an exclusive interview with CoinDesk, Polygon’s co-founder Mihailo Bjelic shares the progress the blockchain is making on becoming a ZK-secure ecosystem.Publish at: February 10, 2023 at 06:41PM
Stablecoin Issuer Tether’s Reserves Partly Managed by Cantor Fitzgerald: WSJ
By CD Read more: CoinDesk The Wall Street bond trading powerhouse is managing Tether’s $39 billion bond portfolio, according to the report.Publish at: February 10, 2023 at 06:00PM
Tether’s Attempt to Block CoinDesk’s Request for Stablecoin Reserve Records Dismissed by New York Court
By CD Read more: CoinDesk A New York judge on Friday rejected an attempt by iFinex and related companies, which include include cryptocurrency exchange Bitfinex and stablecoin issuer Tether, to block CoinDesk’s request for information about the financial reserves backing the USDT token.Publish at: February 10, 2023 at 05:39PM
Uniswap Vote on BNB Deployment Ends With Silicon Valley’s A16Z on Losing Side
By CD Read more: CoinDesk Uniswap’s community wants to bring the exchange to BNB Chain before copycats can launch identical competitors.Publish at: February 10, 2023 at 05:34PM
28 Hours in the Sewer: Yuga Labs’ Dookey Dash Game Kept Players Running
By CD Read more: CoinDesk In the Web3 giant’s first skill-based mint, almost 26,000 holders of Sewer Pass NFTs played the game for a cumulative time of 80 years – promising numbers for Yuga’s metaverse initiatives.Publish at: February 10, 2023 at 04:22PM
Stablecoins Are Not Worth the Risk
By CD Read more: CoinDesk Publish at: February 10, 2023 at 04:13PM
SEC Did Not Consult Industry Before Kraken Crypto Staking Charges: Commissioner Peirce
By CD Read more: CoinDesk The U.S. Securities and Exchange Commission did not attempt to consult with the crypto industry before this launching this week’s unregistered securities crackdown on staking-as-a-service, Commissioner Hester Peirce said Friday.Publish at: February 10, 2023 at 04:00PM
Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
By CD Read more: CoinDesk The latest action from the U.S. Securities and Exchange Commission (SEC) against Kraken is probably only the first stirring of a U.S. government campaign to come for the major remaining crypto exchanges, according to industry lawyers, consultants and former regulators.Publish at: February 10, 2023 at 03:54PM
SEC Chief Gensler Warns Crypto Firms to Comply With Rules After Kraken Shutters Staking Program
By CD Read more: CoinDesk Other platforms that offer yield-earning programs should “take note” and come into compliance, the regulator said a day after crypto exchange Kraken said it will pay a $30 million fine to settle SEC charges.Publish at: February 10, 2023 at 01:50PM