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Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market

Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of MarketAs of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido holds more than 73% of the total value locked (TVL) out of the 6.87 million ether held by the 11 liquid staking […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary

Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary

Crypto powerhouse Binance says it’s pausing all bank transfers denominated in the US dollar. In a brief message on Twitter, the leading crypto exchange by volume says it expects the freeze to affect a small number of users. “From February 8th, we will temporarily suspend all USD bank transfers. Only a small proportion of our […]

The post Crypto Giant Binance Suspending All Bank Transfers in US Dollars, Says Freeze Is Temporary appeared first on The Daily Hodl.

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Binance to Support Georgia’s Crypto Industry Through Blockchain Education

Binance to Support Georgia’s Crypto Industry Through Blockchain EducationDigital asset exchange Binance has agreed to help Georgia to develop its cryptocurrency sector by launching educational and other blockchain initiatives. The leading coin trading platform has been expanding its presence in the region with similar projects in other countries. Binance and Georgian Tech Agency to Jointly Develop Country’s Crypto Economy The world’s largest cryptocurrency […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Kazakhstan Launches Consultation on Proposals to Improve Crypto Trading

Kazakhstan Launches Consultation on Proposals to Improve Crypto TradingFinancial authorities in Kazakhstan are starting a public consultation on draft changes to the country’s framework for digital-asset trading. The proposals include measures to reduce risks in the crypto market and improvements to the structure of exchange platforms. Kazakhstan’s Financial Hub Seeks to Amend Its Concept for Trading Digital Assets The Astana Financial Services Authority, […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Uzbekistan Collects Over $300,000 From Crypto Sector

Uzbekistan Collects Over 0,000 From Crypto SectorWhile operations with digital assets are not taxed in Uzbekistan, the government is receiving a growing amount of revenues from the industry. The increase in budget receipts has been attributed to the licensing regime and the introduction of fees for crypto companies. Crypto Exchange in Uzbekistan Pays Over $10,000 a Month to the State Coffer […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder Vows

Bitzlato to Restore Operations and Withdrawals From Russia, Co-founder VowsRussia-linked cryptocurrency exchange Bitzlato, seized by Western law enforcement, plans to relaunch and permit partial withdrawals, a co-founder announced. Members of the trading platform’s team also intend to relocate the business to the Russian Federation. Co-Founder Says Exchange Will Provide Access to User Funds Crypto exchange Bitzlato is taking steps to restore operations and immediately […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Alameda Research Seeks $446 Million Over Alleged ‘Preferential Transfers’ to Voyager Digital

Alameda Research Seeks 6 Million Over Alleged ‘Preferential Transfers’ to Voyager DigitalOn Monday, Alameda Research Ltd. filed a legal complaint against Voyager Digital LLC and HTC Trading Inc. in the U.S. bankruptcy court. The complaint alleges the defendants received preferential transfers of property from Alameda Research and the plaintiffs are seeking to recover approximately $445.8 million from Voyager and HTC. Legal Battle Erupts Over Crypto Asset […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange

Kazakhstan Parliament Adopts Law Regulating Crypto Mining and ExchangeLawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of cryptocurrencies in the country and introduces a licensing regime for crypto miners and exchanges. Senate Votes on Crypto Law, Sends It to President of Kazakhstan […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report

Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’

Crypto Association in Turkey Vows to Block Exchanges That ‘Victimize Traders’A new organization has been established in Turkey with the aim to monitor and help develop the country’s crypto sector, local media reported. Its first task will be to address recent problems with some cryptocurrency exchanges and boost confidence in the industry as a whole. New Entity to Deal With Issues in the Crypto Space […]

Possible Trump Pick for SEC Chair Outlines Plan To Position US as One of Global Leaders in Crypto: Report