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Exclusive
Kraken Agreed to Shutter US Crypto-Staking Operations to Settle SEC Charges: Source
The SEC is meeting in a closed-door session on Thursday.

Binance Is Organizing a Consortium to Try to Rebuild Trust in Crypto: Source
Several companies have already signed up to join, including other crypto exchanges and blockchain analytics firms, according to a person familiar with the plans.

Crypto Wallet Security Layer Webacy Raises $4M
Investors included entrepreneur Gary Vaynerchuk and Mozilla Ventures.

Bankrupt Lender Genesis and Parent DCG Reach Initial Agreement With Main Creditors: Source
The term sheet includes "an equitization of the 10-year promissory note that DCG gave Genesis in return for the 3AC claims," a person familiar with the situation said.

Crypto Exchange Binance to Suspend US Dollar Bank Transfers This Week
USD bank transfers comprise only a tiny bit of monthly active users, the exchange said.

Crypto VC Firm Pantera Co-CIO Joey Krug Departs
A new executive committee will absorb Krug’s duties, according to a letter to limited partners.

Crypto Winter Led to 91% Plunge in VC and Other Investments for January
A CoinDesk analysis shows crypto startups only raised $548 million last month. The FTX failure’s full impact on industry fundraising likely remains to be seen.

Crypto Issuance Startup Tokensoft Brings Its Token Launchpad On-Chain
Tokensoft version 2 will allow for greater abstraction in how teams structure their token distributions.

Crypto Services Company Prime Trust Lays Off One-Third of Staff
The cost-cutting measure comes after a rocky start to 2023 for the Las Vegas-based company.

WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users.
