White House crypto bill talks ‘productive,’ but no deal yet
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The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.
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The second meeting between crypto and the banks at the White House over the crypto market structure bill has yet to come to an agreement on stablecoin provisions.
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Robinhood shares fell nearly 8% in after-hours trading as the platform’s record Q4 revenues weren’t enough to satisfy analysts’ predictions.
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Coinbase’s TV spot at the Super Bowl divided opinion online, but the crypto exchange says conversations about it were the point.
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Crypto companies have backed a Federal Reserve proposal to give them limited access to the central bank, while banking associations have urged caution.
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The dark web drug market used crypto for payments, but blockchain transaction tracing helped the FBI identify its creator, who was sentenced to 30 years in prison.
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CFTC Chair Mike Selig described the proposal as a “frolic into merit regulation” by the Biden administration.
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Galaxy’s Alex Thorn says Bitcoin’s realized price is currently $56,000, a level it is likely to fall to without clear drivers to spark a rally.
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The amount of crypto stolen in January is also a 214% increase from the month before, with a majority of the value lost due to a single phishing incident.
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Crypto bridge CrossCurve has told users to pause interacting with its protocol while it conducts an investigation into a smart contract breach.