(Bloomberg) -- Kraken will pay $30 million to settle Securities and Exchange Commission allegations that it broke US rules with its cryptoasset staking products and will discontinue them in the US as part of the agreement with the regulator.Most Read from
The SEC’s move to ban staking on Kraken is going to encourage more people to move toward decentralized options beyond the agency’s reach.
Kraken has filed a pre-registration undertaking with the Ontario Securities Commission as it works towards becoming a registered Restricted Dealer in Canada.
Volumes from the top five Ethereum staking platforms suggest holders are hedging against the unknown until after ETH withdrawals are enabled.
A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes.
ZachXBT fears legal fees to defend himself in the defamation lawsuit could “easily exceed” $1 million.
Kraken has settled charges with the U.S. Securities and Exchange Commission (SEC) and is shutting down its on-chain staking program, the government agency shared on Thursday. In response to the settlement, Kraken has agreed to end its on-chain staking se
“Don’t have your hand in the customer’s pocket, using their funds for your own platform,” Gary Gensler said to companies that needed to register with the SEC.
The exchange's branding will appear on Williams Racing's cars for the rest of the 2023 season — kicking off with the Australian Grand Prix in Melbourne.
The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position.
Crypto exchange Kraken is winding down operations in this country following a drop in crypto interest and will lay off most of its staff.
Crypto exchange Kraken is under the SEC scanner for selling unregistered securities which could lead to a settlement in the coming days.
In order to resolve allegations brought by the U.S. SEC, crypto exchange Kraken has agreed to cease its crypto-staking operations.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Mon,01 Apr 2024