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Regulation Feb 10, 2023

SEC chair Gensler spins staking rules positively: “Not your keys, not your crypto”

The regulatory leader said that staking rules will protect investor funds.

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Mike Dalton Mike Dalton has published within the past 30 days.

Former Journalist CryptoSlate

Before transitioning to crypto writing in 2018, Mike studied library and information sciences. Currently, he resides on Canada's West Coast.

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Total Articles 1,314

Since Dec 2022

Last Active Jul 18, 2024

Primary Beat Regulation

Kraken to end U.S. staking in $30M SEC settlement

Kraken to end U.S. staking in $30M SEC settlement

The firm will pay a large penalty and face a permanent injunction.

Genesis-backed Coin Cloud files for bankruptcy on its ATM network

Genesis-backed Coin Cloud files for bankruptcy on its ATM network

The company is the latest cryptocurrency firm to collapse.

Coinbase CEO says SEC wants to ban retail staking

Coinbase CEO says SEC wants to ban retail staking

Brian Armstrong said that his crypto company has heard rumors to that effect.

Craig Wright loses U.K. case as judge rules Bitcoin file format can’t be copyrighted

Craig Wright loses U.K. case as judge rules Bitcoin file format can’t be copyrighted

Wright won't be able to restrict the operation of Bitcoin and Bitcoin Cash.

Robinhood saw crypto transaction revenue fall by 24% in Q4 2022

Robinhood saw crypto transaction revenue fall by 24% in Q4 2022

The trading app company was seemingly affected by the harsh crypto market.

The Sandbox gains 30% following mysterious Saudia Arabia partnership

The Sandbox gains 30% following mysterious Saudia Arabia partnership

Saudi Arabia signs agreement with The Sandbox — details unknown, but pumps SAND price roughly 30% towards $1 milestone.

Hut 8 to merge with rival cryptocurrency mining firm US Bitcoin

Hut 8 to merge with rival cryptocurrency mining firm US Bitcoin

The resulting firm will be referred to as "New Hut" or "Hut 8 Corp."

UK says digital pound will not be a crypto as consultation period begins

UK says digital pound will not be a crypto as consultation period begins

However, the project's core ledger could be built on blockchain or DLT.

UN says North Korea stole $630m of crypto last year in lowball estimate

UN says North Korea stole $630m of crypto last year in lowball estimate

The United Nations (UN) revealed in a confidential report that North Korea stole $630 million last year, according a Reuters article.

FTX’s bankruptcy judge is undecided on appointing independent examiner

FTX’s bankruptcy judge is undecided on appointing independent examiner

Judge John Dorsey wants the parties involved to reach an agreement on the matter.

FBI seizes $260k of assets including ETH, Bored Ape following ZachXBT tip

FBI seizes $260k of assets including ETH, Bored Ape following ZachXBT tip

The agency also seized a Doodles NFT and a luxury watch purchased with crypto.

Filecoin’s Protocol Labs lays off one-fifth of staff

Filecoin’s Protocol Labs lays off one-fifth of staff

The distributed storage company has let go of 81 employees or 21% of its workforce.