Wintermute suffers $160M attack, Kraken CEO departs and US bill aims to ban algo stablecoins: Hodler’s Digest, Sept. 18-24
Cointelegraph
Published Sep 24, 2022 09:24AM ET
Updated Sep 25, 2022 06:00PM ET
h4 Krakens Jesse Powell will step down as CEO, stay on as board chair
/h4
/h4 h4 New York judge orders Tether to document USDT backing/h4 h4 /h4 h4 SEC lawsuit claims jurisdiction because ETH nodes are clustered in the US/h4 h4 /h4 h4 China accounts for 84% of all blockchain patent applications, but there’s a catch/h4 h4 This Bitcoin long-term holder metric is nearing the BTC price ‘bottom zone’/h4 h4 /h4 h4 $160M stolen from crypto market maker Wintermute/h4 h4 BTC mining firm Compute North files for bankruptcy
/h4 h4 Draft US stablecoin bill would ban new algo stablecoins for 2 years/h4 h3 /h3 h3 Saving the planet could be blockchains killer app/h3 h3 Toss in your job and make $300K working for a DAO? Heres how/h3 h3 The market isn’t surging anytime soon so get used to dark times/h3
By subscribing you agree to our Terms of Service and Privacy Policy
Get The News You Want
/h4
After more than a decade heading up crypto exchange Kraken as CEO, Jesse Powell has decided to pass the torch to the companys chief operating officer, Dave Ripley. Powell is not done with Kraken, however. He will become chair of the board for the organization. Its just gotten to be more draining on me, less fun, Powell said, as quoted in by Bloomberg. Ripley joined Kraken as chief operating officer in 2016.
h4 /h4 h4 South Korean ministry recommends enactment of special Metaverse laws/h4
In line with other advances South Korea has taken to embrace the digital world, the country wants to create new laws regarding the Metaverse, according to plans from the Ministry of Science and ICT. The ministry wants proper laws in place for the Metaverse, but thinks its unwise to form-fit current regulations to new technology. Previous news saw South Korea invest $200 million toward metaverse development in the country.
/h4 h4 Draft US stablecoin bill would ban new algo stablecoins for 2 years/h4 h3 /h3 h3 Saving the planet could be blockchains killer app/h3 h3 Toss in your job and make $300K working for a DAO? Heres how/h3 h3 The market isn’t surging anytime soon so get used to dark times/h3
h3 The best of blockchain, every Tuesday/h3
By subscribing you agree to our Terms of Service and Privacy Policy
Get The News You Want
Read market moving news with a personalized feed of stocks you care about.
Get The App
Continue Reading on Coin Telegraph
Written By: Cointelegraph
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.