Author: e_cash_top

  • Kraken to end staking in $30M SEC settlement

    Kraken to end staking in $30M SEC settlement

    [ad_1] Ad Crypto exchange Kraken will discontinue its staking services as part of a settlement with the SEC, according to a press release from the regulator on Feb. 9. There, the U.S. Securities and Exchange Commission charged Kraken with failing to register its cryptocurrency staking service as a security offering. The regulator said that Kraken…

  • DeFi TVL increased 26.82% in January

    DeFi TVL increased 26.82% in January

    [ad_1] Ad DeFi’s total value locked (TVL) recorded an increase of 26.82% in January to reach $74.6 billion, according to DappRadar’s January Industry report. “The DeFi market showed signs of recovery in January 2023,” the report stated, as the TVL recorded a rise in January. DeFi TVL (Source: DappRadar) Currently, DeFi TVL is at an…

  • New York Fed says Bitcoin shares most features of ‘a store of value’

    New York Fed says Bitcoin shares most features of ‘a store of value’

    [ad_1] Ad The Federal Reserve Bank of New York said in a Feb. 9 report that Bitcoin performs more kin to a precious metal like gold but warns that it can never replace the US dollar due to volatility.  Using a quantitative methodology known as principal components analysis, the researchers examined the price of Bitcoin around…

  • 3AC co-founders launch marketplace to trade crypto claims

    3AC co-founders launch marketplace to trade crypto claims

    [ad_1] Ad Founders of bankrupt crypto hedge fund Three Arrows Capital founders Zhu Su and Kyle Davies, in collaboration with CoinFLEX co-founders, have launched the “first public marketplace for crypto claims” Open Exchange. According to a Feb. 9 Twitter thread, Open Exchange (OPNX) said there is “a $20 billion market of claimants”  desperately searching for…

  • US tops Coin Journal’s list of most successful crypto countries

    US tops Coin Journal’s list of most successful crypto countries

    [ad_1] Ad The United States sits perched atop Coin Journal’s list of most desirable crypto countries, garnering a 9.94 score out of 10, recognized as having 1,992 crypto-related businesses that employ 5,691 people, worth $46.95 billion.  Crypto countries around the world, ranked (Source: Coin Journal) The next more successful country, the UK, has a crypto…

  • Mississippi Senate passes bill to legalize crypto mining

    Mississippi Senate passes bill to legalize crypto mining

    [ad_1] Ad Lawmakers from the Mississippi Senate have passed a legislative bill to legalize Bitcoin mining in the state and protect miners from discrimination. The Mississippi digital asset mining bill was introduced to the house by Senator Josh Harkins. The lawmaker explained that the mining sector has the potential to stabilize the power grid and…

  • UK’s most violent prisoner Charles Salvador ‘Bronson’ set to release NFT collection

    UK’s most violent prisoner Charles Salvador ‘Bronson’ set to release NFT collection

    [ad_1] Ad Charles Salvador ‘Bronson,’ who was first imprisoned in 1974 for armed robbery and has since become known as the UK’s “most violent” prisoner, is launching an NFT collection that features his artwork. Bronson, who now calls him Charles Salvator, has not left jail since 1974 due to repeated offenses against both staff and…

  • NEO price breaks out, posting 25 week high to $10.70

    NEO price breaks out, posting 25 week high to $10.70

    [ad_1] Ad A strong performance sees NEO touch $10.73 for the first time since August 2022. The chart below shows since the start of the new year, NEO’s price performance has largely matched that of the market leader, Bitcoin. However, a noticeable difference lies in NEO’s continuation of form. From Feb. 02, BTC topped out…

  • LocalBitcoins P2P marketplace to shutter services

    LocalBitcoins P2P marketplace to shutter services

    [ad_1] Peer-to-Peer marketplace LocalBitcoins is discontinuing its services from Feb. 17, according to a Feb. 9 company statement. New sign-ups will be suspended as of Feb. 9, followed by the suspension of trading on the platform and use of LocalBitcoins wallet on Feb. 16, according to the statement. “[…]We have regretfully concluded that LocalBitcoins can…

  • Bitfarms pay off $21M debt with one-time cash payment of $7.75M

    Bitfarms pay off $21M debt with one-time cash payment of $7.75M

    [ad_1] Crypto miner Bitfarms has settled a $21 million debt owed to bankrupt crypto lender BlockFi with a one-time cash payment of $7.75 million, according to a Feb. 9 press statement. Bitfarm agreed with BlockFi to restructure the debt and pay off the outstanding principal and interest in one transaction. The original loan is a…