Author: AOTCC
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Binance readies checkbook for potential fines from US regulators: Report
The world’s largest crypto exchange wants to resolve outstanding investigations with U.S. regulators.
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Galaxy Digital CEO ‘wouldn’t be surprised’ if Bitcoin hit $30K this quarter
Recent positive Bitcoin price action has been linked to a slowdown of U.S. inflation, Mike Novogratz thinks the price rally could sustain until the end of March.
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SEC proposes tougher rules as part of its crypto custody crackdown
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules.
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Sam Bankman-Fried may no longer be allowed to play League of Legends
Sam Bankman-Fried is, for the most part, still able to freely access the internet through various devices. Prosecutors want to change that.
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Celsius chooses NovaWulf’s bid to exit from bankruptcy
Under the proposal by Celsius, most creditors would receive a one-time payment of crypto while those with larger claims would get equity in a new company.
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The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
Kraken agreed to a settlement with the SEC, but that didn’t change the law. Staking does not constitute a security.
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US lawmakers reintroduce bill to remove roadblocks for crypto investments in retirement accounts
Four Republican senators have signed on to a bill aimed at barring the U.S. Department of Labor from investigating individuals “using brokerage windows to invest in cryptocurrency.”
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FDIC warns CEX.IO and its reviewers to remove potentially false claims about insurance
The U.S. federal agency found a claim about deposit insurance in the fine print on the exchange’s website and on websites that reviewed it.
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Abu Dhabi to back the growth of Web3 startups with $2B
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE.
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France’s top museum to display NFTs: Nifty Newsletter, Feb 8–14
France’s top modern art museum will showcase NFTs from collections like CryptoPunks and Autoglyphs.