Robinhood suspends 24-hour trades for 8 hours
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%.
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Crypto exchange Huobi returns to profitability in Q1 after restructuring
After cutting employees and benefits, the cryptocurrency exchange reportedly made a $30 million profit during the first quarter of 2023. 288 Total views 6 Total shares Own this piece of history Collect this article as an NFTAccording to an April 10 tweet by Justin Sun — the de facto owner of cryptocurrency exchange Huobi Global…
EigenLayer AVS ARPA to launch native restaking rewards soon
It will be an important test case for EigenLayer and other restaking protocols, which promise extra yield on staked tokens in exchange for securing additional networks.
OCC issues order against Anchorage Digital over AML compliance
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks. 394 Total views 5 Total shares The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and…
US House to vote on FIT21 bill before holiday weekend
The legislation, passed out of committee in July 2023, would clarify how the U.S. Commodity Futures Trading Commission and Securities and Exchange Commission handle crypto.
New York Power Plant Mines $50,000 of Bitcoin a Day
A New York power plant turns to Bitcoin mining in a successful bid to increase profitability.Bloomberg reported on Mar. 5 that a power plant in New York’s Finger Lakes region now mines about $50,000 of Bitcoin (BTC) each day using the electricity it produces.Atlas Holding, the private equity company that owns the facility, installed 7,000…
Fireblocks launches $1M grant program to boost PYUSD developer adoption
As part of the program, developers can apply for up to $60,000 in grant funding to support their projects.
Crypto art piece sells for $130K at Christie’s auction house
The NFT is "a symbolic expression of Satoshi’s vision, forged out of the very code that lies at the genesis of it all." 1426 Total views 24 Total shares Christie’s auction house has announced the sale of a digital portrait of the Bitcoin code for more than $130,000.It marks the first time a non-fungible token…
Privacy should be considered in ‘potential retail CBDC’ — Treasury official
U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity. 128 Total views 2 Total shares Privacy and the ability to transact anonymously should be considerations in the design of a digital dollar, a United States Treasury official has said.On June 13 the…