Robinhood crypto business slapped with SEC Wells notice
The SEC is planning to file an “enforcement action” against Robinhood’s cryptocurrency business, according to the Wells notice.
Related Posts
Coinbase Wallet adds Chrome browser extension
Users of the popular exchange can now access their cryptocurrency DApps directly through the Google Chrome browser. Digital currency exchange Coinbase has announced a new browser extension for its native wallet, enabling users to more easily connect to decentralized applications and decentralized finance directly on their desktop. The Coinbase Wallet browser extension is now available on…
BTC price meets CPI as volatility ‘collapses’ — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the second week of August with barely a sound as rangebound BTC price behavior continues.After one of its least volatile weekly closes, BTC/USD remains stuck to $29,000 — can the coming seven days provide what is needed to break the deadlock?Headlining the list of potential volatility catalysts is United States inflation data…
Ethereum price metrics hint that ETH might not sell-off after the Shapella hardfork
Ether (ETH) price has increased by 58% year to date, but it has far underperformed the market leader Bitcoin (BTC). In fact, the ETH/BTC price ratio has dropped to 0.063, its lowest level in 9 months. Analysts believe that the majority of the movement can be attributed to the Ethereum network's upcoming Shapella hard fork, which…
EY Hired to Help Develop Blockchain-Based Fine Wine Trading Platform
A blockchain-based fine wine investment trading platform has selected Big Four auditing firm EY to provide technology services as its development continues.WiV Technology enables clients to trade bottles and cases of premium wine, with the origin, quality and value of assets certified on a constantly updated blockchain.In a news release on Aug. 12, EY said that…
US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets 1358 Total views 2 Total shares Per a July 22 announcement shared with Cointelegraph, the Office of the Comptroller of the Currency (OCC) is granting permission to federally chartered banks to custody cryptocurrency.The future…
Bitcoin Hash Rate Tag Hits New Record 8 Days From Halving
Bitcoin’s hash rate has set a new record just eight days from the halving and six weeks after crashing by 40% over two weeks. 1826 Total views 50 Total shares After the mid-March price crash led to a brief exodus of miners operating older hardware, the Bitcoin (BTC) hash rate posted a new all-time high…
Ether ETF applications flood the SEC as ProShares files the 11th
ProShares has filed for an equal weight Bitcoin and Ether ETF, marking the 11th Ether ETF application in less than seven days. 223 Total views 4 Total shares The United States Securities and Exchange Commission (SEC) has been recently inundated with applications for Ether (ETH) futures exchange-traded funds (ETFs), with a grand total of 11…
Lummis-Gillibrand bill establishes SEC-CFTC balance of power over crypto markets
The comprehensive new bill sorts out regulators and addresses taxes, environmental impact, security and other major questions surrounding digital assets. 300 Total views 3 Total shares The long-awaited Responsible Financial Innovation Act to create a regulatory framework for digital assets was introduced in the United States Senate on Tuesday. The official text of the 69-page…