Kraken CEO Jesse Powell announced that he has made the decision to close Kraken’s global headquarters in San Francisco. — Kraken CEO Jesse Powell announced that he has made the decision to close Kraken’s global headquarters in San Francisco. The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters. Kraken CEO Jesse Powell retweeted an announcement stating that the…

Bitcoin leads the way as investors seek adaptable hedging alternatives in the search for the new digital gold. — Bitcoin leads the way as investors seek adaptable hedging alternatives in the search for the new digital gold. OPINION Gold has served as a store of value for thousands of years. Due to this, investors have widely used it as a hedging tool against the effects of recessions and inflation…

Gold surpassing Bitcoin’s returns this year is “unlikely,” says Mike McGlone, while former BitMEX CEO Arthur Hayes predicts seismic changes… — Gold surpassing Bitcoin’s returns this year is “unlikely,” says Mike McGlone, while former BitMEX CEO Arthur Hayes predicts seismic changes for both assets in the coming years. Bitcoin “may be primed” for a quantum leap in its development thanks to inflation this year, a Bloomberg analyst has claimed.

Cryptocurrency companies have impressive advertising budgets this year, but industry experts have differing opinions when it comes to… — Cryptocurrency companies have impressive advertising budgets this year, but industry experts have differing opinions when it comes to marketing crypto. Advertisements are in abundance everywhere we go — from billboards seen throughout road trips to commercials displayed every fifteen minutes or so during television shows. It’s also the case that…

The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT… — The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network. The European Commission has clarified that crypto assets will fall under additional sanctions targeted against Russia and Belarus in response to the military conflict in Ukraine.

One week into the Russia-Ukraine conflict, the team behind UkraineDAO announced their efforts will go to local NGO Come Back Alive. — One week into the Russia-Ukraine conflict, the team behind UkraineDAO announced their efforts will go to local NGO Come Back Alive. UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s Nadya Tolokonnikova, Trippy Labs and PleasrDAO members, crowdfunded 2,188 Ether (ETH), or $6.1 million, for a 1/1 Ukrainian flag nonfungible…

The Securities and Exchange Commission is considering new recommendations on crypto for investment advisers and investment companies… — The Securities and Exchange Commission is considering new recommendations on crypto for investment advisers and investment companies, according to recent remarks. William Birdthistle, Director of the Division of Investment Management, addressed the emergence of crypto in an address to the IAA Investment Adviser Compliance Conference. The division of investment management…

The government will provide $186.7 million to stimulate the growth of a metaverse platform that it hopes businesses and industries will… — The government will provide $186.7 million to stimulate the growth of a metaverse platform that it hopes businesses and industries will thrive in. South Korea’s Ministry of ICT, Science, and Future Planning pledged 223.7 billion Korean won ($186.7 million) to create a broad metaverse ecosystem to support the growth of…

To give thanks to the Supreme Finance community, the Supreme Finance team will launch a session of “MX DeFi’’ to enable mining on HYPE… — To give thanks to the Supreme Finance community, the Supreme Finance team will launch a session of “MX DeFi’’ to enable mining on HYPE tokens from March 02 to March 03. Throughout the campaign, users can stake MX and HYPE to earn liquidity yield on HYPE. The staking period will…