Feds hit alleged crypto conman and ex-CEO of Celsius Network Alex Mashinsky with seven criminal charges in July—and now they want to freeze his assets. A court order filed yesterday shows the Department of Justice has ordered Mashinksy’s numerous bank accounts frozen. The filing orders that no money should be able to leave bank accounts at Goldman Sachs, Merrill Lynch,…
September 6, 2023 | New Features, Product Greetings, Pro traders! We’re thrilled to introduce Price Alert, which are now live for all Kraken spot and futures markets. Now, you can easily be notified for live price changes, whether you’re using Kraken Pro in the browser, or on the go with our mobile app. Price Alerts are a game-changer for traders…
Ethereum co-founder Vitalik Buterin has published a research paper diving into privacy pools systems as a tool to achieve more privacy in financial transactions, allowing users to prove dissociation from illicit funds through zero-knowledge proof technology. The document initially discusses one of the most popular privacy-enhancing protocols, Tornado Cash, which allows users to deposit and withdraw cryptocurrencies without creating an…
For all its blemishes and blowups, blockchain technology resembles an early internet that evolved from obscure to ever-present, Visa’s Head of Blockchain Cuy Sheffield wrote in a blog post on Wednesday. “We see significant potential for blockchain networks,” he wrote on behalf of the financial services giant. “Blockchains today share some parallels with the early internet—particularly more than their fair…
Google has issued a policy update for cryptocurrency-related advertisements that allows advertisers to promote blockchain video games that use NFTs. However, Google also issued restrictions around gambling-related crypto games, as well as games that offer token staking rewards. This ad rule update, which will take effect on September 15, is the tech giant’s next step in establishing an open, but…
Users of Hashkey Exchange Hong Kong will soon be able to receive insurance protection on digital assets custodied on the platform. According to local news reports on Sept. 6, Hashkey has signed a memorandum of understanding with fintech firm OneDegree for insurance coverage on exchange wallets. The insurance policy will apply to both hot wallets and cold storage addresses. Xiaoqi…
Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sep. 1. Typically, a volatility squeeze is followed by an expansion in volatility but it is difficult to predict the direction of the breakout with certainty. CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls at bay in the…
Generative AI software company Zapata AI has agreed to go public on the New York Stock Exchange through a merger with Andretti Acquisition Corp, a special purpose acquisition company (SPAC) owned by American racing legend Michael Andretti. Andretti’s SPAC deal is expected to provide up to $84 million to Zapata’s balance sheet, and the new combined company has received a…
Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team. Coinbase launched Base, its Ethereum layer-2, on Aug. 9. To spur adoption, the network’s team implemented a month-long launch event. It partnered with over 50 companies, artists, and creators to release…
Ever wanted to own a tiny slice of a Justin Bieber song? Writer and producer Andreas “Axident” Schuller is set to sell NFTs that will grant owners a percentage of future streaming royalties to Justin Bieber’s hit song “Company.” Schuller, who has also worked with the likes of Pitbull and Jason Derulo, has teamed up with blockchain-based music rights platform…
