Cross-Chain Protocol Stargate Finance’s Token Surges by Double Digits on Trader Joe Partnership
The price jumped after an annoucement that Stargate would partner with Trader Joe announcement to unlock omnichain fungible tokens. The Stargate DAO also passed a token re-issuance proposal following security concerns tied to Alameda Research's wallets.
Sorry crypto world, but SEC isn’t backing down on ‘regulation by enforcement’
For as long as I’ve been covering U.S. Securities and Exchange Commission litigation against crypto targets, the industry has harshly criticized the...
Crypto Council for Innovation GC to testify at US Senate 'crypto crash' hearing
The U.S. Senate Banking Committee has announced three witnesses for its Feb. 14 hearing titled ‘Crypto Crash: Why Financial System Safeguards are Needed for Digital Assets’.
Robinhood Board Authorizes Purchase of Shares Bought by FTX’s Sam Bankman-Fried, Gary Wang
The online brokerage firm is planning to buy most or all of the 55 million shares previously owned by holding company Emergent Fidelity Technologies.
Crypto exchange Kraken under scrutiny for sale of unregistered securities- Bloomberg
The regulator's inquiry is at an advanced stage and could result in a settlement with the San Francisco-based platform in the coming days, the report added...
: Robinhood cleared to buy FTX founder Sam Bankman-Fried’s stock, sending shares higher
FTX founder Sam Bankman-Fried owns more than 7% of Robinhood stock, which company plans to repurchase; trading app misses on fourth-quarter losses and revenue, co-founders cancel a half-billion in stock compensation for selves
Robinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter.
Payments Company Affirm Is Shutting Down Its Crypto Business
During the bull market of 2021, Affirm had joined a number of fintech firms in offering clientele the ability to buy and sell crypto.
FTX gets court approval to subpoena founder Bankman-Fried, other insiders
Failed crypto firm FTX received court approval on Wednesday to issue subpoenas to its founder Sam Bankman-Fried and members of his family as part of the...
Cloud mining firm BitFuFu postpones merger with SPAC until May
Bitfufu's plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.
US stocks drop as Fed officials reinforce Powell's hawkish tone
US stocks closed lower on Wednesday, with investors weighing the economic outlook after more hawkish remarks from Fed officials.
Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis
Cash Cloud, operator of Coin Cloud cryptocurrency ATMs, filed for bankruptcy Feb. 2. The company claimed to have over 5,000 ATMs and was at one time the second largest player in its space.
