Everything web3, crypto, defi, degen
In brief CFTC Commissioner Kristin Johnson warned Wednesday that prediction markets have “too few guardrails” while capturing unprecedented retail funds. Her farewell speech coincided with the CFTC approving Polymarket’s U.S. return through its $112 million QCX acquisition. Johnson criticized firms that “rent or buy” licenses to quickly pivot to prediction market contracts after obtaining regulatory…
In brief Eight trade groups have urged the Basel Committee to “temporarily pause” crypto standards set for January 2026. The associations warn current capital requirements of up to 1,250% for crypto assets far exceed those for traditional investments like corporate bonds. An industry expert told Decrypt the 2022 rules reflect outdated risk perceptions from the…
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack.GM!Today’s top news: Crypto majors soar led by ETH and SOL; Bitcoin breaks $120,000 Tom Lee files to raise $20B ATM for more ETH; ETH…
Alleged crypto crook Do Kwon—who was behind the failed crypto project Terra—is now expected to plead guilty, court documents show.A scheduling order for a potential change of plea in the United States’ case against Kwon was filed Monday ahead of the conference on Tuesday, August 12.Kwon previously pleaded not guilty in a New York court to…
In brief A man has been accused of stealing millions of dollars’ worth of cryptocurrency from Nancy Jones, the widow of the late country legend George Jones. Kirk West was arrested in Nashville after allegedly stealing $17 million worth of XRP, along with holdings of Ethereum and Shiba Inu. The pair had been romantically involved,…
In brief Legal precedents block Trump from legally firing Powell except for misconduct, not policy disagreements. Trump allies are escalating pressure on Powell, including a criminal referral and threats of early succession. Rate cut speculation may boost crypto in the short term, but long-term instability could pressure risk assets, Decrypt was told. A public clash…
We are pleased to announce that Kraken now supports Terra 2.0 (LUNA2). Funding and Trading You can add LUNA2 to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading is live. Keep an eye on our status page for updates. Note: You can no longer stake Terra Classic (LUNA) at…
March 8, 2022 | Product We’re thrilled to announce that Kraken now supports staking for Terra (LUNA) holders! Head into the Earn section of your account to start earning rewards on your LUNA today. Note: Terra staking is not available to residents of Japan. What is Terra? Terra is a blockchain protocol that powers global…
December 14, 2021 | Asset Listings Note: This post has been updated to reflect the change in price precision as of May 12, 2022. Funding and Trading You can add LUNA to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit. Trading is live. Keep an eye on the status page…
