Connect with us
  • tg

Cryptocurrency

Kraken Relaunches Crypto Staking in the US, Expanding Access to 37 States

letizo News

Published

on

Kraken is bringing back crypto staking to the United States with a new product available in 37 states and two territories. Starting January 30th, eligible users can stake select cryptocurrencies through Kraken Pro.

This involves bonded staking, where assets are locked to a network for a set period. Kraken delegates these assets to validators, who verify transactions and produce blocks.

Rewards are then passed back to users after fees. The service will support 17 assets, including Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Cardano (ADA). More states may gain access as regulations allow.

Crypto Staking Returns

The latest relaunch by Kraken comes amidst shifting US regulatory attitudes toward crypto under President Donald Trump, as market players expect eased restrictions from the previous administration. In a statement, Mark Greenberg, Kraken Global Head of Consumer said that the resumption of staking in the country will play a significant role in the development and mass adoption of digital assets.

The exec went on to add,

“Launching this new staking product in the U.S. is an overwhelmingly positive development, not just for Kraken but also for the entire US crypto space. We are excited to bring back a brand new product enabling US clients to resume staking with Kraken and play a significant role in bolstering the underlying security of blockchain networks.”

Kraken shut down its staking service in February 2023 and paid $30 million to settle the Securities and Exchange Commission’s (SEC) charges over unregistered securities without admitting or denying any wrongdoing. During this period, Kraken continued to maintain its staking services for non-US users via a subsidiary.

White House Crypto Pivot

Trump’s return to the presidency signals a shift away from the harsh crypto policies of the last administration, which is expected to prove a more favorable environment for companies like Kraken to resume services. For instance, his new executive order on crypto, “Strengthening American Leadership in Digital Financial Technologies,” aims to dismantle the previous administration’s restrictive policies.

The order creates a President’s Working Group on Digital Asset Markets, chaired by AI and crypto advisor David Sacks, alongside key financial regulators. Agencies must review all prior crypto policies within 30 days and propose regulatory changes within 60 days. The group has 180 days to deliver a report on digital asset regulations, including stablecoins, and to evaluate a government-held crypto stockpile sourced from seized assets.

The order also bans federal agencies from creating or promoting a central bank digital currency (CBDC). Among other things, Trump has also followed through on previous pro-crypto promises, including pardoning Silk Road founder Ross Ulbricht.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Cryptocurrency

Bitcoin (BTC) Reclaims $97K, Ripple (XRP) Soars by 12% Daily (Market Watch)

letizo News

Published

on

The cryptocurrency market has shown some resurgence in the past 24 hours, with numerous leading digital assets charting mild gains. Bitcoin (BTC), for instance, climbed by 1% and surpassed $97,000 again.

Many of the well-known altcoins have performed much better than the primary cryptocurrency. Ripple’s XRP is the most evident example, with its valuation jumping by double digits.

BTC is Slowly Recovering

It has been a rather shaky week for Bitcoin (BTC), whose price fluctuated between under $95,000 and almost $100,000. It traded near the upper mark on February 7, but in the following days, it suffered a severe downfall. 

BTC Price
BTC Price, Source: CoinGecko

The price tumbled to its local bottom of less than $95,000 on February 12, shortly after the United States Bureau of Labor Statistics released the Consumer Price Index data for January. The actual inflation rate was higher than expectations which caused the entire crypto market to head south. 

The following day, though, BTC bulls regained control and pushed the valuation to as high as $98,000. However, the rally was short-lived, and the price once again plunged below $95,500. Over the past several hours, though, there has been a new resurgence, and BTC currently trades just north of $97,000.

The asset’s market capitalization is well above $1.9 trillion, whereas its dominance against the alternative coins slightly decreased to approximately 59.6% (per CoinMarketCap’s data).

XRP Shoots Up

As mentioned above, most altcoins have outperformed BTC in terms of daily gains. The biggest rivalEthereum (ETH)is up by 1.5%, while Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) have witnessed increases of 3% to 5%.

The best performer from the top 20 club today is undoubtedly Ripple’s XRP. Its price soared by 12%, reaching a 10-day high of $2.75. This happened shortly after the US SEC acknowledged Grayscale’s application to convert its XRP Trust into an exchange-traded fund (ETF).

While the sector’s landscape is predominantly green, there are some assets experiencing decreases. Binance Coin (BNB), which was at the forefronts of gains on February 13, is down 5% in the last 24 hours, whereas TRON (TRX) has slipped by 3%.

The total cryptocurrency market capitalization has climbed to $3.23 trillion, representing a 1.5% increase for the day.

Cryptocurrency Market Overview
Cryptocurrency Market Overview, Source: QuantifyCrypto

 

 

 

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.

Continue Reading

Cryptocurrency

BANANA is Live on LINE’s Dapp Portal, Pioneering AI-Powered Data Sovereignty and Rewards

letizo News

Published

on

[PRESS RELEASE – Santa Clara, California, February 14th, 2025]

BANANA, the AI-driven idle game powered by CARV known for its meme-inspired banana collecting and innovative data monetization, is proud to announce its official launch on LINE’s Dapp Portal. After rapidly scaling to 18 million users on Telegram since July 2024—including 10 million in its first month—BANANA is now expanding to reach even more players, offering a seamless blend of privacy-preserving AI and fun gameplay.

Now available on LINE’s Dapp Portal, BANANA isn’t just another game—it represents a new paradigm where user-owned data fuels engaging experiences and transparent rewards. While traditional digital platforms capitalize on user data, BANANA flips the script with Trusted Execution Environments (TEE) and Zero-Knowledge Proofs (ZKP). These cutting-edge technologies ensure users’ personal data remains private while businesses gain verified, high-quality insights for marketing, research, and beyond.

At its core, BANANA empowers users to claim ownership of their data in a way that feels effortless. Players collect fresh bananas daily, each designed around trending memes, and share them with friends in a truly viral experience. Simultaneously, BANANA’s AI-powered system facilitates data monetization through user-approved interactions such as secure ad views and account linking. The result is a fluid, gamified experience that demonstrates how AI-driven data autonomy can be both profitable and entertaining.

Here’s what users can expect from BANANA:

Verified, Privacy-Preserving User Insights

  • High-Quality Data: BANANA’s Trusted Execution Environments (TEE) and Zero-Knowledge Proofs (ZKP) ensure that user data is genuine, secure, and fully consented, giving businesses reliable insights without running afoul of privacy regulations.
  • User Trust & Compliance: Thanks to privacy-by-design, businesses can confidently engage users while meeting GDPR and other data protection standards.

AI-Enhanced Engagement & Automation

  • Hyper-Targeted User Quests: AI dynamically generates tasks or campaigns aligned with individual user profiles, guaranteeing higher completion rates and deeper brand interaction.
  • Automated Workflows: AI companions execute certain actions (e.g., check-ins, reward claims) on behalf of users, promoting consistent engagement with your product or service.

Seamless Gamified Experiences

  • Increased Brand Loyalty: Gamification mechanics—the evolving AI agents in terms of “pets” and tiered capabilities and rewards will keep users engaged over the long term, building habit formation and brand advocacy.
  • Performance-Based Incentives: Rewards scale with user contributions and data quality, aligning brand goals with user motivations and reinforcing positive behavior.

BANANA invites everyone to collect bananas, nurture AI companions, and explore the future of data ownership.

About BANANA

BANANA is an AI-powered application with gamification experience by CARV. BANANA blends meme culture with user-owned data monetization and uses advanced privacy technology to ensure secure, transparent data sharing while rewarding users for their data contributions. Having already garnered over 18 million users on Telegram, BANANA now launches on LINE’s Dapp Portal to usher in a new era of AI-driven engagement and data sovereignty.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Cryptocurrency

Coin Terminal and ZetaChain Unite to Launch AI-Powered Crypto Hackathon with $1M in Funding

letizo News

Published

on

[PRESS RELEASE]

CoinTerminal, one of the leading crypto IDO launchpads, has partnered with ZetaChain, the new L1 and Universal Blockchain for cross-chain interoperability, to host an exclusive online hackathon – AI3. This groundbreaking event aims to uncover the most promising and impactful blockchain projects, fueling their growth with up to $1 million in funding raised through CoinTerminal’s launchpad.

Bridging AI and Blockchain Innovation

The Coin Terminal AI Hackathon, powered by ZetaChain’s Universal Blockchain platform, invites developers, entrepreneurs, and blockchain enthusiasts to build transformative decentralized applications (dApps) that leverage artificial intelligence and multi-chain connectivity. With Coin Terminal’s expertise in aggregating and analyzing market sentiment in real-time and ZetaChain’s Universal Blockchain compatibility, participants will gain unique tools to bring their visions to life.

“Our goal is to identify and support the next generation of blockchain innovators,” said Hatu Sheikh, Founder of Coin Terminal. “By combining AI-powered insights with ZetaChain’s unparalleled cross-chain capabilities, we’re providing a launchpad for truly disruptive projects.”

Hackathon Key Features

Unlike traditional blockchain hackathons, this event focuses on:

  • AI-Powered Market Insights: Participants will gain access to CoinTerminal’s real-time crypto market analytics to refine their projects with data-driven decision-making.
  • Seamless Cross-Chain Development: With ZetaChain, developers can build Universal Apps that natively span with Bitcoin, Ethereum, Solana, and more.
  • Up to $1M in Growth Funding: Winning projects will receive investment support via CoinTerminal’s IDO platform, enabling them to secure capital and scale efficiently.

“ZetaChain is designed to unify the blockchain ecosystem,” said Alex Kim, Business Development at ZetaChain. “This partnership with Coin Terminal aligns perfectly with our mission to make cross-chain development seamless and accessible for developers worldwide.”

How to Participate

The online hackathon will run from the 20th to the 21st of February, welcoming projects, developer groups, and teams to compete. Participants will receive mentorship from industry experts, access to leading blockchain infrastructure, and a chance to showcase their projects to a panel of top judges in the Web3 space.

For more details and registration, users can visit the hackathon’s website.

With CoinTerminal’s cutting-edge launchpad platform and ZetaChain’s revolutionary blockchain framework, this hackathon is set to spotlight the most promising crypto innovations of the year. Users can join and be part of the future of decentralized technology.

About Coin Terminal

Coin Terminal is a leading launchpad in the Web3 space that has offered users the opportunity to buy in pre-sales along with investors like Binance Labs, Samsung NEXT, Arthur Hayes, and many more.

About ZetaChain

ZetaChain is the first Universal Blockchain with native access to Bitcoin, Ethereum, Solana, and more, offering seamless user experience and unified liquidity to the next billions of users. With its Universal EVM, ZetaChain empowers developers to build Universal Apps that operate natively across any blockchain, creating a fluid crypto ecosystem from a single platform.

Users can follow ZetaChain on Twitter @zetablockchain and join the conversation on Discord and Telegram.

Users can reach out to partnerships@zetachain.com if they are building on top of ZetaChain.

SPECIAL OFFER (Sponsored)
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).

LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!

Continue Reading

Trending

©2021-2024 Letizo All Rights Reserved