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Coinbase Mulls Suing SEC Over Staking Regulations; Says The Service Not A Security
Cryptocurrency exchange Coinbase has defended its staking service, saying that it is not a security, and that it is willing to defend…
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Bitcoin And Ethereum Price Prediction After The US SEC Intensified Its Clampdown On Crypto Staking
February 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed The beginning of February 2023 was highly positive for the cryptocurrency market; however, the positive…
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China Opens Blockchain Research Centre In Capital
The South China Morning Post reported that China had approved the construction of a Blockchain research centre in Beijing, building towards its…
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Binance Adds Zk-SNARK To Its Proof-of-Reserves To Enhance Transparency With More Verifiable Assets
Binance has included zero-knowledge proof, zk-SNARK, to its Proof of Reserves (PoR) verification system, including the addition of SHIB, DOT, SOL, and…
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Kraken Halts On-Chain Staking Services for US Clients; Fined $30M By The SEC
The subsidiaries of cryptocurrency exchange Kraken, Payward Ventures, and Payward Trading Ltd, have agreed to cease their on-chain staking service in the…
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Binance To Airdrop $5M BNB To The Victims In Turkeys Earthquake Regions
Two earthquakes that swept the South of Turkey and Syria on February 6 have left a trail of destruction, claiming more than…
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Economist Huang Yiping Urges China To Re-Evaluate Its Cryptocurrency Ban
Recently, a former member of the Monetary Policy Committee at the People’s Bank of China (PBoC), Huang Yiping called for Beijing to…
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FTX Orders Beneficiaries of Its Political Donations to Return Money – Estimated at $93 million
Bankrupt exchange FTX is demanding that politicians who received donations from its former CEO, Sam Bankman-Fried, and his affiliates to return the…
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Bitcoin And Ethereum Price Prediction After Fed Hiked Interest Rates By 25 Basis Points
February 2023, The Distributed, Stanko Illiev and Md Ishtiaque Ahmed The U.S. Federal Reserve hiked the benchmark interest rate by 25 basis points this Wednesday,…
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Billionaire Tim Draper’s Bitcoin Prescription To Help Sri Lanka Fight Corruption Gets Rejected
An attempt by billionaire investor and bitcoin enthusiast, Tim Draper, to convince the central bank of Sri Lanka to adopt bitcoin as…