Month: February 2023
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The New York Department of Financial Services is investigating crypto company Paxos, though the scope of the investigation is not yet clear.
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.
Why Can’t Little Chatty Do Math?
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Bitcoin Drops Below $22K as Kraken Agreement to Close Crypto Staking Operations Spooks Investors
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service. Ether also declined.
IRS Seeks Court Approval to Identify Kraken Crypto Customers
The Internal Revenue Service has filed a court document seeking permission to enforce a summons for information against Kraken and its subsidiaries.
Coincover secures $30 million in funding to strengthen digital asset security
The funding round was led by Foundation Capital, with follow-on investment from CMT digital.
Elon Musk’s reach on Twitter is dropping — he just fired a top engineer over it
Illustration by Laura Normand / The Verge The chaos continues inside Twitter 2.0 as employees worry about what will break, what will get them fired, and what will get them busted by the FTC. Continue reading…
Epic’s new clips app helps you easily share moments from Fortnite and Rocket League
Land an awesome jump? Clip it. | Image: Epic Games Epic Games has just released Postparty, a new iOS and Android app to help you share clips from your Fortnite games on PlayStation, Xbox, Nintendo Switch, and PC. You can already capture gameplay on your own on those platforms, but Postparty is designed to make … Read more
Kraken to Shut Crypto-Staking Service, Pay $30M Fine in SEC Settlement
The U.S. Securities and Exchange Commission sued Kraken in federal court Thursday, alleging its crypto staking as a service program violated federal securities laws.
Blockchain Privacy Is at Risk in the EU
The EU’s comprehensive Markets in Crypto Assets (MiCA) regulation is ambitious and sets a high standard globally. Article 68, however, goes too far and poses a risk to innovation, privacy and security.
Banks under pressure from U.S. authorities to cut ties with crypto firms
United States authorities are allegedly discouraging banks from offering services to the crypto industry.
1Password is trying for zero passwords
Image: 1password 1Password is announcing today that, one day soon, it will support the option to create and unlock 1Password accounts using biometric-based passkey technology, ditching the feature that is the name of its entire product. “For passkeys to be the way forward, it’s not enough for them to replace some of your passwords,” said … Read more
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.
Kraken Agreed to Shutter Crypto-Staking Operations to Settle SEC Charges: Source
Kraken has agreed to shut its cryptocurrency-staking operations to settle charges with the U.S. Securities and Exchange Commission (SEC), according to an industry source briefed on the matter.
Detect signatures on documents or images using the signatures feature in Amazon Textract
Amazon Textract is a machine learning (ML) service that automatically extracts text, handwriting, and data from any document or image. AnalyzeDocument Signatures is a feature within Amazon Textract that offers the ability to automatically detect signatures on any document. This can reduce the need for human review, custom code, or ML experience. In this post, … Read more
Rocks of Ages
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Monitoring Lake Mead drought using the new Amazon SageMaker geospatial capabilities
Earth’s changing climate poses an increased risk of drought due to global warming. Since 1880, the global temperature has increased 1.01 °C. Since 1993, sea levels have risen 102.5 millimeters. Since 2002, the land ice sheets in Antarctica have been losing mass at a rate of 151.0 billion metric tons per year. In 2022, the … Read more
Bitcoin Punks: Ordinal NFT Collection Soars in Value
Late Wednesday night, one Ordinal Punk NFT, minted on the Bitcoin native Ordinals Protocol, sold for 9.5 BTC, about $214,000.
A live-action Spider-Man Noir series is coming from Amazon
Spider-Man Noir holding on to a lit match. | Image: Sony / Marvel Studios Spider-Man Noir might not be returning in Sony’s upcoming Spider-Man: Into the Spider-Verse sequels, but apparently the hardboiled, black-and-white Marvel hero is about to make his live-action debut in a new Amazon series. Variety reports that Sony and Amazon are developing … Read more