kraken

USDC/USDT Hourly Chart (Kraken)
USDC Stablecoin Depegs From $1; Circle Says Operations Are Normal
USDC/USDT dropped as low as 94 cents on Kraken, its lowest level since April 2021.
USDC/USDT Hourly Chart (Kraken)

USA, New Jersey, Jersey City, Man sitting on sofa and using tablet
Weekly Challenge: The Digital Asset Power Hour
Financial professionals stand to benefit greatly from blocking off just one hour per week to learn about a digital asset, such as one of 500 included in CoinDesk's Digital Asset Classification Standard.
USA, New Jersey, Jersey City, Man sitting on sofa and using tablet

CDCROP: Consensus 2018 Sponsor branding kraken (CoinDesk)
Kraken Pulling Back From Using Signature Bank: Bloomberg
Non-corporate clients will no longer be able to make dollar deposits or withdrawals using the crypto-focused bank, according to a report.
CDCROP: Consensus 2018 Sponsor branding kraken (CoinDesk)

Crypto accountant
Former Accounting Team of FTX US Auditor Armanino Sets Up Shop as The Network Firm
The episode highlights yet another chokepoint for the blockchain industry: It's become harder for crypto startups to enlist big accounting firms to do audits and asset attestations.
Crypto accountant

Markets Daily Podcast Cover
Crypto Update | Is the SEC Really the Bad Guy?
With crypto markets ticking up while bitcoin looks overbought, plus a look at the SEC’s motive behind its recent crackdown, CoinDesk’s “Markets Daily” is back with the latest news roundup.
Markets Daily Podcast Cover

(Juthica Chou, CoinDesk TV)
Kraken’s Head of OTC Options Trading: Investors Are Still Interested In Crypto, Staking
“What we’ve seen is that the trading interest remains really strong both for proof-of-work networks as well as proof-of-stake networks,” Juthica Chou told “First Mover.”
(Juthica Chou, CoinDesk TV)

Low Angle View Of Concrete Wall Against Sky
The SEC’s Crackdown on Ethereum Staking Has a Silver Lining
The SEC’s recent actions shut down centralization staking services, but not individual staking and decentralized staking services. That could increase decentralization and help restore crypto’s original mission.
Low Angle View Of Concrete Wall Against Sky

CDCROP: Coinbase CPO Faryar Shirzad (Wikimedia)
Coinbase Exec: US Congress Needs to ‘Step Up’ Its Crypto Regulatory Efforts
Chief Policy Officer Faryar Shirzad said the exchange would “love to register” its two dormant broker-dealers, but the reality is no clear direction has been provided by lawmakers on Capitol Hill.
CDCROP: Coinbase CPO Faryar Shirzad (Wikimedia)

Carpe Consensus 4X3
SEC Takes Aim at Kraken and Paxos
CoinDesk Managing Editor Nik De recaps his regulatory scoops from last week. Plus: Austin Federa, head of strategy at the Solana Foundation, details what’s next for the network. [reward]eacf0e23-59ea-4ea9-ab08-c1b6c8e8db68[/reward]
Carpe Consensus 4X3