Regulation
Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure
Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March. Source link
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Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%
Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform. Source link
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Treat Crypto as Securities by Default, European Parliament Study Says as EU Prepares for MiCA
Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border context,” in which 10,000 crypto protocols vie for the lightest possible regulation, […]
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Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M
CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller. Source link
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Qatar’s Central Bank Didn’t Properly Enforce Its Crypto Ban, Money Laundering Watchdog FATF Says
“There are major inconsistencies between Qatar’s risk profile and the type and extent of terrorist financing activity prosecuted and convicted,” added FATF, a Paris-based global watchdog, which seeks to monitor and mitigate flows of dirty […]
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GameStop Partners With Telos To Expand Web3 Gaming
“We believe this collaboration will be a meaningful driver of new users into the Web3 space,” said Dinger. “By combining GameStop Playr with Web3 games utilizing Telos’ high-performance blockchain infrastructure, we can break down many […]
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MakerDAO Votes to Ditch $500 Million USDP From DAI Stablecoin Reserve
“While Paxos has raised the possibility of a marketing fee scheme, to date there has not been concrete progress towards implementing this,” per the proposal. “If marketing payments are eventually implemented, Maker would be able […]
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CoinDesk Turns 10: 2022 – How Crypto Gods Turn Into Monsters
On Nov. 2, 2022, Ian Allison’s revealed the weak balance sheets of the FTX-affiliated trading firm Alameda Research, which started both companies’ undoing. It turned out Alameda, despite SBF’s repeated claims it was absolutely separate […]
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Bitcoin (BTC) Miners Gain More Support in Texas Legislative Session
“More miners in the [demand-response] program means more load can be reliably called on to help balance the grid,” said Dennis Porter, who leads another industry advocacy group, Satoshi Action Fund. “We are increasing communication […]
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CoinDesk Turns 10: The ICO Era – What Went Right?
The ICO boom is remembered as an orgy of fraud and scammy behavior. But ICOs funded many crypto success stories – and might still have benefits, says David Z. Morris. This story is part of […]