BNY nears crypto custody for ETFs after SEC softens SAB 121 stance

On Jan. 27, a group of eight U.S. lawmakers, led by Senator Elizabeth Warren, sent letters to the world’s six largest Bitcoin mining companies, demanding to reveal the detailed data on their electricity consumption. This isn’t the first time Senator Warren requested this information from a mining operation — last month a similar letter was…

The stock price of listed BTC mining companies and other businesses with exposure to cryptocurrency are dropping to yearly lows as the crypto market continues to sell-off. 1040 Total views 11 Total shares Bad news continues to dominate crypto media headlines and May 12's juiciest tidbit was the unexpected collapse of the Terra ecosystem. In…

Is Solana printing too many tokens? Separating myths from facts about bots and subsidies.

The dedicated office would oversee "all non-defense related deployment and activities related to blockchain technology within the Federal Government.” 4565 Total views 42 Total shares A new bill filed on Thursday, H.R.9067, seeks to create an office that will “coordinate” federal applications of blockchain technology. Sponsored by Rep. Darren Soto, a Democrat representing Florida’s 9th district,…

Intercontinental Exchange (ICE)-lead institutional cryptocurrency trading platform Bakkt is considering acquiring a New York BitLicense to launch its bitcoin futures, Bloomberg reports on April 18.Bakkt has seen resistance from the United States Commodity Futures Trading Commission (CFTC) to approve its bitcoin futures because of its intentions to custody user’s assets. Bloomberg quotes anonymous sources familiar…

Updating its popular BTC price model, crypto analyst PlanB predicts the cryptocurrency could see a rally to $100K by 2021. 1414 Total views 41 Total shares Crypto analyst PlanB released a key indicator for its stock-to-flow price prediction model which could signal a Bitcoin bull run to $100,000 by 2021 has just begun.PlanB confirmed on…

Positive developments concerning Circle's $3.3 billion worth of reserves held at Silicon Valley Bank and its new banking partners have seen USDC climb back toward its $1 peg. 1797 Total views 6 Total shares Own this piece of history Collect this article as an NFTCircle’s stablecoin USD Coin (USDC) is climbing back to its $1…

The HKMA said that funds placed on unlicensed "crypto banks" are not protected by the region's deposit protection scheme. The Hong Kong Monetary Authority (HKMA), the special administrative region’s central bank, has issued a warning to users that crypto businesses presenting themselves as banks and using banking terminology could be violating the region’s banking laws. In

Story Protocol’s Series B was co-led by a16z Crypto and Polychain Capital. The funds were targeted at developing its layer-1 blockchain, designed for intellectual property tokenization.