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Month: February 2023
A one-off or opening salvo in an assault on crypto?
In a year of crypto upheavals, the United States Securities and Exchange Commission’s settlement with crypto exchange Kraken, announced on Feb. 9, set off yet another tremor. Agency chief Gary Gensler took to mainstream media last week to explain the agency’s action, which seemed to be an attack on crypto staking — part of the validation mechanism used by a number of blockchain platforms, including Ethereum, the world’s second-largest network. The immediate issue, in the agency’s view, was that Kraken had been selling unregistered investment products. Indeed, it was advertising…
Unstoppable Domains and Crypto Browser Opera Widen Scope to Offer Accessible Web3 Identity System – Blockchain Bitcoin News
Opera, the Web3 browser, and Unstoppable Domains, the non-fungible token (NFT) domain provider, have announced that users can now access all domain endings, including .x, .crypto, and .nft, across Opera’s browsers. Additionally, Opera and Unstoppable are offering a free .nft domain that matches an Opera user’s Twitter handle after account verification. Opera Expands Web3 Capabilities With Access to Polygon Domains Unstoppable Domains, the crypto domain provider, and Web3 browser Opera announced the firms are expanding their partnership to support all Unstoppable top-level domains, including .nft, .crypto, .wallet, and .x. The…
Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
“On a periodic basis since May 2022, Terraform and Kwon have transferred – and continue to transfer – Bitcoin from this wallet to a financial institution based in Switzerland and have converted the Bitcoin to cash,” the filing said, adding that since June 2022, more than $100 million was withdrawn from that Swiss bank. Original
Crypto Miner Core Scientific Paid More Than $1M to CEO-Affiliated Personal Jet Company
“For efficient travel and use of time, Stone Tower Air is a charter flight company used in the past by Core Scientific for primarily transporting employees, clients, and potential clients between our data center sites in remote locations,” which are often far from major airports, Chief Mining Officer Russell Cann said in an emailed statement on Friday. He noted that the move not only saves the company money, but also helps employees spend more time with their families. Source
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MicroStrategy Has Raised $46.6M Through Share Sales Since September
The company in September issued a prospectus for the sale of up to $500 million in common stock. Source
Cointelegraph Top 100, 2023 edition: The toughest one yet to pick
With profiles 21–30 available now, only one week remains until the top spot in Cointelegraph’s Top 100 for 2023 is revealed. A lot is riding on 2023 after such an eventful year for the cryptocurrency industry, and we look forward to seeing some vindication for the entire space. January may have given us a glimpse of hope, but more recently, with Kraken staking services and the Paxos-issued Binance USD (BUSD) stablecoin taking a beating from ever-unpredictable regulators, the crypto space is seemingly being shown its place, and we are reminded…
Top 11 greatest investors of all time
Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their own investment approach and improve their chances of achieving success in the financial world. Here are the top 11 investors of all time. Learn about the investment strategies and philosophies that have made these individuals some of the most successful investors in history. Warren Buffett Warren Buffett, chairman and CEO of Berkshire Hathaway,…
Russia to roll out CBDC pilot with real consumers in April
The Bank of Russia is preparing to roll out the first consumer pilot for the nation’s central bank digital currency (CBDC) on April 1, 2023. Russia’s central bank is set to soon debut the first real-world digital ruble transactions involving 13 local banks and several merchants, first deputy governor Olga Skorobogatova said. The official noted that the upcoming CBDC pilot will involve real operations and real consumers in Russia but will be limited to a certain number of transactions and customers, the local news agency TASS reported. “We plan to…