Category: Latest news

[ad_1] Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on the settlement Yesterday, Kraken reached a settlement with the U.S. Securities and Exchange Commission that forced it to pay $30 million and…

[ad_1] Definition Net Realized Profit/Loss is the net profit or loss of all moved coins and is defined by the difference between Realized Profit and Realized Loss. Realized Profit denotes the total profit (USD value) of all moved coins cheaper before their last movement than the price at the current movement. Realized Loss denotes the…

[ad_1] Ad The proposal to deploy Uniswap V3 (UNI) to BNB Chain (BNB) was accepted by 65.89% yes votes on Feb. 10, even though Andreessen Horowitz (a16z) used 15 million votes to oppose it on Feb. 6. The results show that 65.89% agreed with the deployment, 33.57% voted against it, and another 0.53% abstained. ConsenSys,…

[ad_1] Ad Stablecoin issuer Tether (USDT) is reportedly using Wall Street financial institution Cantor Fitzgerald to manage its $39 billion bond portfolio, Wall Street Journal reported Feb. 10. According to the report, the stablecoin issuer began using Cantor Fitzgerald in 2021 after it reached a settlement agreement with a financial regulator over the management of…

[ad_1] Ad The United States House Committee on Financial Service has requested documents related to charges filed against FTX founder Sam Bankman-Fried by the Securities and Exchange Commission (SEC). The lawmakers wrote that the timing of the SEC’s charges against SBF raises “serious questions about its process and cooperation” with the US Department of Justice…

[ad_1] Definition This chart presents Long-Term Holder variants of two classic on-chain metrics: LTH Realized Price is the average price of the Long-Term Holder BTC supply, valued at the day each coin last transacted on-chain. This is often considered the ‘on-chain cost basis’ of this cohort. LTH MVRV Ratio is the ratio between the market value…

[ad_1] Ad Anonymous Twitter account TheNorwegian expressed concerns about Ordinal Punks NFTs, asking, “[is this] the biggest NFT scam of all time?” On Feb. 9, CryptoSlate reported on the rising popularity of Ordinal Punks, covering the sale of three NFTs according to social media posts, including #94, which reportedly sold for 9.5 Bitcoins ($215,800). The…

[ad_1] Ad Ripple CEO Brad Garlinghouse said the number of positive global regulatory developments happening in the crypto industry is “energizing.” In a Feb. 9 Twitter thread, Garlinghouse praised regulators in Dubai, the U.K., Australia, Brazil, and South Korea for providing “leadership” and “clarity” for crypto firms. According to Garlinghouse, the regulators in these countries…

[ad_1] Ad The post-mortum on Kraken’s staking enforcement by the SEC has begun. On Feb. 9, Kraken said it would end its staking service in the U.S. and disclosed paying a $30 million fine to settle allegations of failing to register its staking service as a security offering. SEC Commissioner Pierce wades in Crypto-friendly SEC…