#crypto

BitGo Unveils Retail Crypto Custody Platform

( www.coindesk.com )

BitGo Unveils Retail Crypto Custody Platform BitGo said the retail offering provides the same institutional-grade security guarantees under the hood that the firm’s existing customers are familiar with.

Coindesk 668 2024-12-03

Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk

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Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk The U.S. Treasury Department’s researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate. The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the deli…

Coindesk 738 2024-11-27

U.K. Financial Regulator Aims for Crypto Regime by 2026

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U.K. Financial Regulator Aims for Crypto Regime by 2026 The U.K. Financial Conduct Authority (FCA) said it wants to implement a crypto regime by 2026. Ownership of crypto assets grew by 4% in the past two years, to include some 7 million adults out of the country’s roughly 68 million population.

Coindesk 640 2024-11-26

Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall

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Ether Favored in Crypto Rotation as Bitcoin Recoils Off $100K Sell Wall ETH advanced 4% during the day, outperforming BTC’s 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted. Bitcoin is likely to move sideways until year-end, said Paul Howard, senior dire…

Coindesk 538 2024-11-26

Crypto Gets Shock Video Dose as Users Stream ‘NSFW’ Content to Pump Their Memecoins

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Crypto Gets Shock Video Dose as Users Stream ‘NSFW’ Content to Pump Their Memecoins Early 2000s-style internet shock videos are making the rounds on a popular crypto platform, with such content including extreme acts like individuals engaging in self-harm, animal cruelty, and explicit sexual content to attract attention and potentially increase token value. Despite the platform’s moderation efforts, some of this content surface…

Coindesk 699 2024-11-26

A proposed climate tax on crypto mining is gaining momentum

( www.theverge.com )

A proposed climate tax on crypto mining is gaining momentum Image: Nick Barclay / The VergeA tentative proposal to tax cryptocurrency mining to raise funds for climate action took off during a United Nations climate conference that’s set to come to a close today. A levy on energy-hungry crypto mining, at $0.045 per kilowatt-hour (kWh) of electricity used, could generate $5.2 billion in revenue annually, …

The Verge 833 2024-11-23

Why the Media Loves the Worst of Crypto

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Why the Media Loves the Worst of Crypto The fixation on the least reputable aspects of the industry obscures the real progress being made in areas like DePIN, stablecoins and DeFi, says Mahesh Ramakrishnan.

Coindesk 690 2024-11-22

U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto

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U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January de…

Coindesk 1.2k 2024-11-22