By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.Publish at: March 02, 2023 at 11:39PM
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
What Now for Crypto Banking?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Regulators are leery of traditional banks offering services to crypto companies, and wary of specialist crypto banks, like Custodia, with new business models. Frances Coppola asks: Where do we go from here?Publish at: March 02, 2023 at 11:07PM
Ethereum’s Shanghai Upgrade Will Not Crash Ether Price, Analysts Say
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Many investors fear that ETH’s price may tumble as the Shanghai upgrade will allow withdrawals for some $29 billion of previously locked ETH. Crypto analysts CoinDesk interviewed are saying that concerns are overblown and the selling pressure will be limited.Publish at: March 02, 2023 at 09:33PM
Bitcoin Miner Riot Delays 10-K Filing Due to Impairment Calculation Issues
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The delay follows a similar move earlier this week by Marathon Digital on similar grounds.Publish at: March 02, 2023 at 09:29PM
Regulators Are Bringing the Multichain Era to a Close
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The high cost of understanding multiple chain environments means enterprises are likely to stick to what they know, argues Paul Brody, head of blockchain at EY.Publish at: March 02, 2023 at 09:20PM
Will DeFi Emerge From Crypto Winter Stronger?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Publish at: March 02, 2023 at 09:01PM
Bitcoin Price Holds Steady Above $23K as Silvergate Capital Crumbles
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data That Silverage’s troubles are not a negative catalyst for BTC’s price “has to be seen as a positive,” one analyst says.Publish at: March 02, 2023 at 08:53PM
House Digital Assets Panel Chair Ready to Work With Ag Committee on Crypto Framework
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Representative French Hill (R-Ark.) is the chairman of the newly-formed Financial Services Subcommittee on Digital Assets.Publish at: March 02, 2023 at 06:53PM
Cross-Chain Protocol Swing Says ‘No-Code’ Product to Speed Up App Deployment
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Decentralized applications that straddle multiple blockchains are becoming more common, though the cross-chain “bridges” often used to move digital assets back and forth between the different networks are frequently targeted by hackers.Publish at: March 02, 2023 at 05:00PM
Advisors: Learn Crypto, or Your Clients Will
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The disconnect between financial advisors and their clients around crypto has become increasingly apparent, given that 37% of advisors personally invested in crypto compared to 83% of their clients that have, according to one 2023 survey.Publish at: March 02, 2023 at 05:00PM