SEC Urges Investors to Be Cautious With Crypto Securities

Celo has added Google Cloud to its list of network validatorsGoogle Cloud’s Blockchain Node Engine will aid Celo’s migration to an Ethereum layer 2The Celo Foundation announced on Wednesday that Google’s computing cloud service, Google Cloud, is running a validator on the Celo network, joining Deutsche Telekom and other ecosystem contributors. A validator participates in…

Jan 7, 2021 at 9:56 p.m. UTCInstitutional interest pushed bitcoin's price to new heights in the fourth quarter.(Shutterstock)Bitcoin Goes Institutional, Ethereum Spreads Its Wings: CoinDesk Q4 2020 ReviewIf the 2020 Q1 was the quarter of market turmoil, Q2 the bitcoin halving and Q3 the explosion of stablecoins and decentralized finance applications, Q4 was the quarter…

Feb 21, 2020 at 12:25 UTCUpdated Feb 21, 2020 at 12:30 UTCHong Hong dollars. Credit: ShutterstockFidelity International, a spin-off from the U.S. financial services giant Fidelity Investments, has invested $14 million in the Hong Kong-based operator of crypto exchange OSL.According to public disclosures on Feb. 21, Fidelity International bought 17 million shares of OSL owner…

Decentralized finance (DeFi) protocol Gyroscope said Thursday it roll out a new yield-generating version of its stablecoin. "Savings GYD," or sGYD, will aim to pay out 12%-15% annualized yield to token holders, variable to market conditions," the team said. "The revenue comes from the tokens backing assets that are placed in segregated vaults across various

PodcastsCoinDesk Podcast NetworkA Bitcoiner Is Now on the Senate Banking CommitteeListen onIcons/Big/Google-PodcastsApple PodcastsIcons/Big/SpotifySpotifyIcons/Big/PocketcastsPocket CastsIcons/Big/Apple-PodcastsGoogle PodcastsIcons/Big/CastboxCastboxIcons/Big/StitcherStitcherIcons/Big/RadioPublicRadioPublicIcons/Big/IHeartiHeart RadioIcons/Big/RssRSS FeedFeb 6, 2021Nathaniel WhittemoreHostWyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee.This episode is sponsored by Nexo.io.Download this episodeOn this edition of The Breakdown’s weekly recap,…

The U.S. announced unexpectedly strong unemployment and GDP data, but crypto investors had debt ceiling negotiations on their minds, Thursday.They recently kept bitcoin lingering under $26,500, up about 0.3% but below its most recent nearly two-week-long range between this threshold and $27,500. The largest cryptocurrency by market capitalization has lost some of its 2023 gains…

Polymarket is reportedly under investigation by the Department of Justice for allowing U.S. residents to trade on its platform, despite a regulatory settlement prohibiting such activity. Even though the prediction market blocks U.S. IP addresses, legal experts said that this alone may not be sufficient to comply with U.S. regulations, especially for companies with a

Crypto exchange Coinbase filed a motion to compel the Securities and Exchange Commission to produce internal communications on its discussions about crypto, including the messages of Chair Gary Gensler. The company backed off from a more aggressive earlier effort to seek Gensler's communications, having demanded documents from before he started work at the agency. Coinbase

Valkyrie Investments’s bitcoin futures exchange-traded fund (ETF) has won the blessing of the U.S. Securities and Exchange Commission.The new ETF is set to start trading on Friday, after the bitcoin-linked fund cleared the final regulatory hurdles, a Valkyrie spokesperson said. It will trade on Nasdaq under the ticker BTF on Nasdaq, despite short-lived plans to…