Kraken shutting down its NFT marketplace just a year after its launch
Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The…
SEC Chair Gensler to step down on January 20
Gary Gensler will step down on January 20, 2025. Solana, XRP among cryptocurrencies to spike amid the news. US Securities and Exchange Commission Chair Gary Gensler has announced his resignation…
NYT: Trump reconsiders pro-crypto choices for Treasury Secretary, slows down his selection process
Trump is now considering Kevin Warsh and Marc Rowan for the US Treasury Secretary position Howard Lutnick is reportedly frustrating Trump by spending too much time with him to get…
Whale doubles down on SOL as traders eye Bitcoin Dogs
Solana reclaimed the $160 level over the weekend to see SOL bulls reach the highest level since August 9. As a whale doubles down on SOL, what’s the outlook for…
Swan Bitcoin halts IPO plans and shuts down mining operations
Swan Bitcoin delays IPO plans due to shutdown of its mining operations. CEO cites reduced revenue from mining as reason for halting IPO efforts. Mining sector faces challenges, with firms…
Messari CEO Ryan Selkis steps down
Ryan Selkis is stepping down as CEO of crypto platform Messari. Eric Turner, the company’s chief revenue officer, replaces him as interim CEO. Ryan Selkis is stepping down from his…
LiquiTrade faces sanctions as Canada cracks down on unregistered crypto exchanges
LiquiTrade faces sanctions for illegal operations under Canada’s Securities Act. BCSC found LiquiTrade enabled unregistered trading of crypto derivatives. Four exchanges have been banned amid the heightened Canada’s crackdown. LiquiTrade,…
Metaplanet doubles down on Bitcoin, eyes additional $6.2 million purchase
Japanese firm Metaplanet announces 1 billion yen ($6.2 million) BTC purchase. Funds will come from proceeds of a bond issuance. Metaplanet, a top Japanese investment firm that has recently adopted…
CoinStats temporarily shuts down, advises users to transfer their funds
CoinStats has temporarily shut down its app after the June 22 security breach. Users are advised to transfer funds immediately using exported private keys. Scam notifications have been distributed through…
Terraform Labs to shut down following the SEC settlement
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various digital asset management firms. More information about Terraform Labs’ dissolution…