Cryptocurrency exchange Kraken is shutting down its staking services for U.S. clients and paying a $30 million fine as part of a settlement with the Securities and Exchange Commission, the agency announced Thursday. The SEC had alleged that Kraken offered and sold unregistered securities through its staking services. Staking refers to a process used by some blockchains to validate transactions...
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What a Brazilian Steakhouse Says About the Tech Economy
Hi, welcome to your Weekend.One of my favorite tech memes is the “We’re so back” post, the kind that pokes fun at the industry returning to the good old days of expensive perks and wine-soaked dinners.I had a real-life “We’re so back” moment this week when I attended a bacchanalian feast thrown by Bain Capital Ventures at Fogo de Chão in San Francisco. Bain Capital’s private equity arm...
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