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Is the crypto staking industry dead now?
The US Securities and Exchange Commission (SEC) recently fined American cryptocurrency exchange Kraken $30 million. The penalty was related to their staking services, which the SEC has now classified as the sale of securities. Could it possibly impact the industry overall? 
Snoop Dogg, Tyson & Co. What celebrities are involved in crypto?
When a particular industry is pursued by a small group of geeks or experts, it's one thing. But when it starts to be promoted by globally recognized movie stars, athletes, and singers, that's a whole different story. The audience starts to grow exponentially, and the industry itself becomes mainstream. 
Silvergate is the second-largest bank in the US that deals with cryptocurrency companies, ranking only after Signature. It acts as a crucial link between the crypto world and traditional fiat currencies.
Recently, Silvergate has decided that the best course of action, given the regulatory changes in the industry, is to gradually wind down its operations and voluntarily liquidate. The closure plan guarantees full repayment of all deposits.
In early March, Silvergate had already announced that it would discontinue the Silvergate Exchange Network (SEN).
Several crypto exchanges have already confirmed that they have not been affected by their association with Silvergate and that their clients' funds are safe. Crypto Industry's Support for Formula 1 Endures Amid Crisis
The new season of Formula 1 started off in Bahrain this March, and it looks like almost 40% of the teams have lost their crypto sponsors compared to the 2022 season. The ongoing crisis has led to a decline in marketing activity among the players, but it's still too early to say that it has come to a complete halt. 
French crypto bloggers face demotion to regular bloggers
French lawmakers have proposed a new law that would restrict the rights of influencers who are not registered with the Financial Markets Authority (AMF). This could mean that such bloggers may no longer be allowed to promote cryptocurrency projects. 