Speaking from Davos on Thursday, co-founder and CEO Ronghui Gu said a CertiK public listing would represent a significant advancement for companies involved in Web3.
Turner Wright
Turner Wright is a staff writer at Cointelegraph and a senior policy reporter. He focuses on U.S. laws and regulations related to digital assets, covering policy and regulatory developments through news and feature articles for Cointelegraph and Cointelegraph Magazine. He also occasionally contributes to the publication’s podcast series. Wright holds a bachelor’s degree in aerospace engineering from the University of Texas at Austin and joined Cointelegraph in 2020 after working as a freelance journalist covering international issues.
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CertiK keeps IPO on the table as valuation hits $2B, CEO says - News
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Tennessee city clears path for crypto mining, data centers with new zoning rules An ordinance to amend the city’s zoning laws laid out guidelines for where a crypto miner could operate in the area and how loud the operation could be.
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Ex-Binance CEO ‘talking with probably a dozen governments‘ about tokenization Former Binance CEO Changpeng Zhao said at the World Economic Forum in Davos that he is advising several governments on tokenizing state assets.
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US Senate Agriculture Committee to release updated market structure bill The committee released a draft bill in November proposing a regulatory framework, but some lawmakers still have concerns about provisions on DeFi, ethics and stablecoins.
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Iran‘s central bank acquired $507M in USDT to prop up rial: Elliptic The Central Bank of Iran reportedly stockpiled more than half a billion dollars worth of USDT amid escalating protests and crypto usage in the country.
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Trump: US has to ‘make it so that China doesn’t get the hold‘ of crypto The US president said he supported the GENIUS Act because it was "politically popular,” but added the main reason was in response to China.
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Former Alameda CEO to be released from US custody after 440 days Scheduled for release from a halfway house on Wednesday, former Alameda Research CEO Caroline Ellison will have served 440 days in federal custody.
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Massachusetts judge bars Kalshi from offering sports bets: Report A preliminary injunction against the prediction markets platform reportedly came at the request of Massachusetts Attorney General Andrea Joy Campbell.
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US CFTC Chair Selig names crypto lawyer among new senior advisers CFTC Chair Michael Selig named two senior advisers, including a crypto lawyer who helped draft a law firm's letter that led to an SEC no-action position on crypto custody.
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Ray Dalio warns of banks shying away from fiat, praises gold surging The hedge fund manager said central banks were not handling fiat in the same way, warning that the global monetary order was breaking down.
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Bermuda partners with Coinbase and Circle for ‘fully onchain‘ economy The partnership builds upon previous work Bermuda’s government has done to attract crypto companies, including the passage of a comprehensive regulatory framework in 2018.
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One year after Gary Gensler’s exit, SEC’s crypto playbook looks very different One of then-presidential candidate Donald Trump's campaign promises to the crypto industry was to fire the SEC chair “on day one“ if elected.
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DeFi leaders voice concerns amid market structure bill‘s uncertain future Many in the industry expect it could be weeks before lawmakers on the Senate Banking Committee return to consider a markup for the CLARITY Act.
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Riot Platforms shares jump 11% after Bitcoin sale funds Texas deal The deal followed Riot announcing last week that it sold more than $160 million of its Bitcoin holdings as part of a strategy shift, to broaden use of its data centers.
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West Virginia lawmaker introduces bill to allow state crypto investments The legislation would allow the state‘s treasury to hold digital assets with a market capitalization of more than $750 billion, which applied only to Bitcoin as of January.
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Coinbase CEO expects market structure bill markup ‘in a few weeks‘ Brian Armstrong posted on X late on Wednesday saying Coinbase couldn't “support the bill as written,“ potentially leading to a postponement in consideration.
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US lawmakers press SEC over paused Justin Sun enforcement case Three House Democrats warned that leaving the SEC's case against the Tron founder unresolved could ”undermine investors’ confidence” in the financial regulator.
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US Senate Republicans say market structure bill doesn‘t ‘serve industry interests‘ Republicans called a digital asset market structure bill a bipartisan effort despite pushback from some Democrats on certain provisions.
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Bitcoin miner CleanSpark broadens AI, HPC footprint with Texas acquisition CleanSpark’s move into AI and high-performance computing reflects a broader shift among Bitcoin miners facing rising difficulty and costs.
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Zcash Foundation says SEC closed 2023 probe into privacy coin The investigation into Zcash, launched with an SEC subpoena over a “matter of certain crypto asset offerings,” ended this week, according to the foundation.
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Crypto-friendly Old Glory Bank plans Nasdaq listing through SPAC The “digital-first“ bank created in 2022 is set to go public on the Nasdaq, subject to shareholder and regulatory approvals.
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New NYC Mayor Mamdani says he holds no crypto, will not buy Adams’ memecoin Less than two weeks into office, Zohran Mamdani said ”no” when asked whether he held any crypto or planned to invest in a former New York City mayor's memecoin project.
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Stablecoin rewards provisions face industry test in Senate crypto bill With the CLARITY Act scheduled for a markup on Thursday, some lawmakers may still be at odds over decentralized finance, stablecoins and ethical concerns.
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SEC chair: ‘Remains to be seen’ whether US will seize Venezuela‘s reported Bitcoin Several blockchain analysts said they were unable to verify whether the Latin American nation holds $60 billion in the cryptocurrency.
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Bakkt stock surges 20% after move on stablecoin payments strategy With Bakkt's share price surging following the announcement, the stock deal could be worth about $178 million.
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US lawmakers demand ethics safeguards for market structure bill: Report Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry.