TL:DR: Kraken agreed to pay a $30 million fine to the SEC for not registering its crypto staking-as-a-service program. The news caused concern among centralized exchanges offering staking services but...Read More
TL:DR: Rebecca Rettig has resigned from Silvergate Bank’s board of directors She has accepted a new executive position at Polygon Labs Silvergate Bank is currently under scrutiny from the U.S....Read More
TL:DR Paris Hilton has launched a metaverse dating experience called “Parisland” inside The Sandbox game. Parisland is designed to help players find love by allowing them to virtually meet, complete...Read More
Unlocking the Potential: Exploring NFTs on the Bitcoin Blockchain with Ordinals” TL:DR: The Ordinals protocol is allowing for NFTs to be minted on the Bitcoin blockchain, leading to a surge...Read More
TL;DR: Former Coinbase employee Ishan Wahi pleaded guilty to wire fraud in connection to an insider trading scheme The SEC has filed civil charges against him and his two associates,...Read More
TL:DR: The SEC fined San Francisco-based cryptocurrency exchange Kraken $30 million for violating securities laws. Kraken agreed to halt its staking service for U.S. clients, but will still offer it...Read More
Not Dead, Just not Fully Realized The metaverse is not dead, but it is still in its early stages of development. The concept of a virtual world or universe, where...Read More
TL;DR: The SEC’s role is to protect investors and enforce federal securities laws in regards to cryptocurrencies. The SEC uses the Howey Test to determine if a cryptocurrency is a...Read More
TL:DR Robinhood is trying to buy back shares purchased by former FTX CEO Sam Bankman-Fried Bankman-Fried’s 7.6% stake in Robinhood remains contested in his criminal case and FTX’s bankruptcy Robinhood’s...Read More
TL:DR Dubai’s Virtual Assets Regulatory Authority (VARA) has released its 2023 rulebook for regulating cryptocurrency. The new rules aim to attract crypto businesses, protect digital asset dealers and investors, and...Read More