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Weekly overview

Read more about the article Kraken files to dismiss SEC suit — ‘dangerous precedent’ for overreach

Kraken files to dismiss SEC suit — ‘dangerous precedent’ for overreach

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

The SEC’s suit against Kraken has “has no limiting principle” and gives the agency too wide of an authority, the crypto exchange argues. Crypto exchange Kraken has filed to dismiss…

Continue ReadingKraken files to dismiss SEC suit — ‘dangerous precedent’ for overreach
Read more about the article Reddit converts excess cash into Bitcoin and Ethereum

Reddit converts excess cash into Bitcoin and Ethereum

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

The social news network also revealed it has been experimenting with Ether and Polygon as a form of payment for sales of virtual goods. Social media giant Reddit has been…

Continue ReadingReddit converts excess cash into Bitcoin and Ethereum
Read more about the article Court-appointed insolvency firm takes over HectorDAO after $2.7M hack

Court-appointed insolvency firm takes over HectorDAO after $2.7M hack

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

Interpath Advisory has taken control of the HectorDAO Treasury after allegations of an ‘inside job’ hack. Insolvency consultancy firm Interpath Limited has “taken full custody” of the Hector decentralized autonomous…

Continue ReadingCourt-appointed insolvency firm takes over HectorDAO after $2.7M hack
Read more about the article StarkWare changes STRK token unlock schedule following controversy

StarkWare changes STRK token unlock schedule following controversy

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

Starknet developer StarkWare cited community feedback as the reason it changed its token unlock schedule for its investors. StarkWare has amended its Starknet (STRK) token unlock schedule following concerns that…

Continue ReadingStarkWare changes STRK token unlock schedule following controversy
Read more about the article Nayib Bukele’s party takes supermajority in legislature amid voter fraud allegations

Nayib Bukele’s party takes supermajority in legislature amid voter fraud allegations

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

The El Salvador president claimed victory before the official results were released, but opposition groups have alleged voter fraud and manipulation. New Ideas, the ruling party of reelected pro-Bitcoin (BTC)…

Continue ReadingNayib Bukele’s party takes supermajority in legislature amid voter fraud allegations
Read more about the article OCC acting head compares crypto-asset intermediaries to corrupt bank

OCC acting head compares crypto-asset intermediaries to corrupt bank

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

Michael Hsu urged international cooperation and collaboration in a bid to prevent crypto firms from leveraging competition among jurisdictions. The Financial Stability Board (FSB) Crypto Working Group met on Feb.…

Continue ReadingOCC acting head compares crypto-asset intermediaries to corrupt bank
Read more about the article Ethereum price hits resistance at $3K, but data currently favors ETH bulls

Ethereum price hits resistance at $3K, but data currently favors ETH bulls

  • Post author:admin
  • Post published:February 23, 2024
  • Post category:Weekly overview

Ethereum price struggles at the $3,000 level, but data hints at a resumption of the bull trend. Ether (ETH) is currently wrestling with the $3,000 resistance level, following a remarkable…

Continue ReadingEthereum price hits resistance at $3K, but data currently favors ETH bulls
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