Lido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.
Read MoreFirst Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.
Read MoreCoinbase’s CEO Cites ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers
“I hope that’s not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen,” Brian Armstrong tweeted Wednesday.
Read MoreRobinhood 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.
Read MorePayments 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.
Read MoreRobinhood’s Crypto Revenue Declined 24% to $39M in Q4
The online trading broker overall missed both earnings and revenues estimates for the quarter.
Read MoreCross-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
Read MoreBitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals
Interest has skyrocketed following the first Ordinals transaction on Dec. 14.
Read MoreMakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
The proposed Spark Protocol will leverage Maker’s DAI stablecoin and its crypto assets for liquidity, and would be based on the Aave v3 smart contract system.
Read MoreCrypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg
The SEC is in the late stages of an investigation of the company’s possible sale of unregistered securities, according to the story.
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