By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from […]
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.Publish at: May 09, 2023 at 10:21PM
Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The Swiss organization alleged investors including Arca were mounting a 51% attack.Publish at: May 09, 2023 at 09:33PM
Marathon Teams Up With Abu Dhabi’s Zero Two for Middle East’s First Large-Scale Liquid Cooled Bitcoin Mining
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.Publish at: May 09, 2023 at 09:14PM
Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens.Publish at: May 09, 2023 at 08:59PM
Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”Publish at: May 09, 2023 at 08:56PM
A Eulogy for a Day Trader’s Exchange
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Bittrex, a popular exchange during the initial coin offering (ICO) boom, offered users and the crypto industry invaluable lessons in economics and regulatory affairs.Publish at: May 09, 2023 at 08:30PM
Bitcoin Cash Rises 11% but Gains Could Be Short-Lived
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains.Publish at: May 09, 2023 at 07:56PM
Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token.Publish at: May 09, 2023 at 06:05PM
There’s No Such Thing as High Fees on Bitcoin
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Bitcoin’s BRC-20 debate is a re-run of the 2015-17 blocksize wars, except this time some of the combatants have changed sides, says Nic Carter.Publish at: May 09, 2023 at 05:25PM
