Author: AOTCC
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Mississippi senate passes bill to protect cryptocurrency miners from discrimination
The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor.
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3AC and CoinFLEX launch website, waitlist for crypto claims exchange
The exchange will allow crypto bankruptcy claims to be traded, according to an official Twitter announcement.
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Rocket Pool’s Ethereum staking service reaches $1B in TVL
The milestone comes less than two years after the launch of its mainnet.
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China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express
Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million to boost consumption during the Lunar New Year celebrations between…
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Ethereum NFT collections lost nearly 60% of their market cap in 2022: Report
NFTs felt the influence of bad actors and market manipulators in 2022, like the rest of crypto; NFTs launched after the start of the crypto winter did better.
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Kraken reaches $30M settlement with SEC over staking
“Kraken not only offered investors outsized returns untethered to any economic realities, but also retained the right to pay them no returns at all,” said Gurbir Grewal.
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Coincover secures $30M in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT Digital.
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Banks under pressure from U.S. authorities to cut ties with crypto firms
Banks are allegedly being discouraged from offering services to the crypto industry by United States authorities.
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Celsius‘ motion to extend timeline for restructuring plan faces objection from creditors
“It is time to allow the Debtors’ customers to propose their own plan for the assets that they were defrauded into investing with Celsius,” said a Withhold account holders’ filing.
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Judge extends Sam Bankman-Fried’s bail restrictions on messaging apps: Report
The former FTX CEO’s bail restrictions will remain in place until Feb. 21 following the judge’s ruling to extend a ban on using certain messaging apps.