LIVEShafeek Khan
@Shafeeqcryptobeast
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Robinhood's Former Ban on Crypto Withdrawals Draws $3.9M Settlement in California
The popular trading app's sunsetted ban on customer crypto withdrawals caught the ire of California's attorney general.
Robinhood's crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California.
The California Department of Justice settled its investigation into what Robinhood's chief lawyer called "historical practices" in the popular trading app's crypto business from 2018 through 2022
$BTC
$SOL
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The popular trading app's sunsetted ban on customer crypto withdrawals caught the ire of California's attorney general.
Robinhood's crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California.
The California Department of Justice settled its investigation into what Robinhood's chief lawyer called "historical practices" in the popular trading app's crypto business from 2018 through 2022
$BTC
$SOL
$BNB
Switzerlandâs Fourth-Biggest Bank ZKB Offers Retail Customers Bitcoin and Ether
ZKBâs new service also allows other Swiss banks to offer customers the trading and custody of cryptocurrencies, with Thurgauer Kantonalbank being the first partner bank to use the service.
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ZKBâs new service also allows other Swiss banks to offer customers the trading and custody of cryptocurrencies, with Thurgauer Kantonalbank being the first partner bank to use the service.
$BTC
$SOL
$BNB
Bitcoin, ETH, SOL and other cryptocurrencies modestly reversed their losses from earlier in the day.
The Crypto Fear & Greed Index sentiment indicator sank to deep fear levels similar to the lows in early July and August.
Investor sentiment is so negative that a "tradable local bottom" could be close, Lekker Capital's Thompson said.
Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock
Continuing downward price action in crypto may be about to reverse in a big way, at least in the short term based on the readings of one popular sentiment indicator.
Bitcoin (BTC) during Wednesday U.S. trade recovered to around $58,000 from an earlier low of $55,600, now about flat over the past 24 hours, as is ether (ETH). The broader crypto market benchmark CoinDesk 20 Index was up 1% as native tokens of Solana (SOL), Near (NEAR) and the Internet Computer Protocol (ICP) outperformed the two largest cryptos.
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$ETH
$SOL
#bitcoin #BTC #ETH #solana
The Crypto Fear & Greed Index sentiment indicator sank to deep fear levels similar to the lows in early July and August.
Investor sentiment is so negative that a "tradable local bottom" could be close, Lekker Capital's Thompson said.
Bitcoin Price May Slide Lower on $1B Withdrawal of USDT: IntoTheBlock
Continuing downward price action in crypto may be about to reverse in a big way, at least in the short term based on the readings of one popular sentiment indicator.
Bitcoin (BTC) during Wednesday U.S. trade recovered to around $58,000 from an earlier low of $55,600, now about flat over the past 24 hours, as is ether (ETH). The broader crypto market benchmark CoinDesk 20 Index was up 1% as native tokens of Solana (SOL), Near (NEAR) and the Internet Computer Protocol (ICP) outperformed the two largest cryptos.
$BTC
$ETH
$SOL
#bitcoin #BTC #ETH #solana
đš BIG BREAKING
RUSSIA TO START USING #Bitcoin & CRYPTO CURRENCIES FOR INTERNATIONAL TRANSACTION ON SEPTEMBER 1st
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RUSSIA TO START USING #Bitcoin & CRYPTO CURRENCIES FOR INTERNATIONAL TRANSACTION ON SEPTEMBER 1st
$BTC
New Zealand Central Banker Adrian Orr Says Stablecoins Arenât Stable: Report
TrueUSD (TUSD) was knocked off its peg and remains trading at under $1 because of concerns about its ability to redeem the issued stablecoins for fiat currency, CoinDesk reported in January. Last year, USDC fell to around 95 cents on the dollar when Circle announced that it had significant reserves stuck at the failed Silicon Valley Bank.
The New Zealand dollar and similar fiat currencies are backed by parliamentary authority and upheld by an independent central bank to ensure low, stable inflation, Orr is quoted as saying.
Meanwhile, there is a growing chorus of voices from both the Federal Reserve and academia to build systems to ensure stablecoin stability.
In January, Cantor Fitzgerald CEO Howard Lutnick, whose firm manages a significant amount of Tether's assets, said during a Bloomberg TV interview that the stablecoin issuer âhas the money.â #Write2Earn #binance
TrueUSD (TUSD) was knocked off its peg and remains trading at under $1 because of concerns about its ability to redeem the issued stablecoins for fiat currency, CoinDesk reported in January. Last year, USDC fell to around 95 cents on the dollar when Circle announced that it had significant reserves stuck at the failed Silicon Valley Bank.
The New Zealand dollar and similar fiat currencies are backed by parliamentary authority and upheld by an independent central bank to ensure low, stable inflation, Orr is quoted as saying.
Meanwhile, there is a growing chorus of voices from both the Federal Reserve and academia to build systems to ensure stablecoin stability.
In January, Cantor Fitzgerald CEO Howard Lutnick, whose firm manages a significant amount of Tether's assets, said during a Bloomberg TV interview that the stablecoin issuer âhas the money.â #Write2Earn #binance