While Washington dithers, Wyoming and other US states mine for crypto gold
While Wyoming was luring crypto businesses, such as Ripple Labs, New York’s AG was bringing enforcement action against Bitfinex. Go to Source Powered by WPeMatico
Kraken
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Kraken seeks $10B+ valuation in new funding round: Report
Kraken is reportedly in talks with top investment firms including Fidelity and Tribe Capital for a fundraising round that could value the company at $10 billion or more. Go to Source Powered by WPeMatico
Kraken users demand refunds over flash-crash liquidations
Margin traders on Kraken are outraged after a flash-crash triggered wholesale liquidations while the exchange was inaccessible to users. Go to Source Powered by WPeMatico
Crypto Earning vs. Savings Accounts: How You Can Get Up to 17% Annually Holding Digital Assets
The mainstream has caught a whiff of the gains cryptocurrencies like bitcoin and ethereum have seen, but many people are not aware of the passive income crypto users are getting as well. While financial incumbents are giving people with savings accounts a measly 0.35% to 0.60%, digital currencies can give people 1-17% or even more … Read more
Bitcoin volatility almost returned to ‘Black Thursday’ levels in January
A report from Kraken has identified last month’s BTC volatility at levels not seen since the ‘Black Thursday’ crash of early 2020. Go to Source Powered by WPeMatico
Following Grayscale’s contribution, Kraken donates $100K to Coin Center
The crypto exchange cited Coin Center’s work in challenging the proposed FinCEN self-hosted wallet rule as well as the STABLE Act from the U.S. government. Go to Source Powered by WPeMatico
Grayscale donates $1M to Coin Center, pledges up to $1M more in matched contributions
Grayscale hopes to build off the success of Kraken’s donate-and-match program from 2018. Go to Source Powered by WPeMatico
Polkadot Flips XRP to Become the Fourth-Ranked Crypto After Price Spikes 100% in Less Than a Week
Dot, the native token of the Polkadot network, has flipped XRP to become the fourth-ranked token after its price rallied by more than 40% in just 24 hours. Since January 11, the token has now gone up by more than 100% to set a new all-time high (ATH) of $18.06 on January 16. With its … Read more
Anchorage Obtains Federal License to Operate as Crypto Bank From the OCC
The U.S. Office of the Comptroller of the Currency (OCC) has granted conditional approval to crypto custodian Anchorage to launch the first federally chartered digital asset bank in the country. In a statement on Jan. 13, 2021, the OCC said the company received the national trust banking charter, which allows it to create Anchorage Digital … Read more
Traders Complain About Exchange Issues and Downtime During Bitcoin’s Volatile Price Swings
As bitcoin and a number of digital assets saw deep losses on Monday, a few crypto-asset exchanges had difficulties. Traders have been complaining about issues with exchanges like Coinbase, Kraken, and other trading platforms during the volatile price swings. Bitcoin (BTC) and many other cryptocurrencies have suffered a dip in value during the course of … Read more