Category: Cryptocurrency News

thought you guys might get a kick out of this. long story short, i had MANA in a coinbase wallet. tried to send to coinbase= fail tried to send to newton = fail ended up doing a recovery in metmask and was able to send to coinbase to withdraw.. my god what a gong show.…
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I have been testing various chains for most of the year, and concluded that Cardano just did not have anything left to offer that was enough competition to the other chains. I made the decision to DCA out a few months ago, and have just unloaded my final bag today. My average cost was around…
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I have ETH in Coinbase Pro that I want to do three things with: – Buy Rocketpool's rETH (effectively staking ETH). I know this can be done through Rocketpool's website. It is more cost effective to purchase rETH through layer two options (I know it can be purchased through Arbitrum), but first you have to…
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Curious as to how/where people hold their ETH? Do you self custody 100% of it in a cold wallet? Hold a % in a mobile wallet and the rest on an exchange? I’m sure this will divide opinion on what’s best practice, look forward to seeing what you all do! 🙂 submitted by …
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According to former chairman of the SEC, Jay Clayton, cryptocurrencies serve a variety of functions and are tied to a range of industries, and the SEC should regulate only those industries that are related to them. Clayton Believes In Crypto Technology Jay Clayton, the former chairman of the Securities and Exchange Commission, or SEC, was appointed to the position by ex-President Donald Trump in 2017. Clayton frequently supported Bitcoin (BTC) as a store of value throughout his time as the SEC’s chairman. Jay discussed bitcoin and how it should be controlled in the future during an appearance with CNBC’s Squawk Box broadcast on Wednesday. The former SEC chair stated that he is a “huge believer in crypto technology” and that the benefits of its efficiency in the financial sector and tokenization are immeasurable. Clayton tweeted: “I am a huge believer in this technology. The efficiency benefits in the financial system and otherwise from tokenization are immense.” Clayton’s comments come after the current SEC head, Gary Gensler, recently stated that the watchdog has no intentions to ban cryptocurrency, but that Congress may do so. However, Gensler cautioned that cryptocurrency in its current state is akin to the wild west without proper regulation. Related Reading | CBDCs to coexist with cash payments, according to FED Chairman Powell When questioned if the current chairperson is imposing too many limitations on the crypto industry, Jay responded that cryptocurrencies serve a number of purposes and are linked to a variety of industries, and the SEC should only regulate those industries. “Crypto is a wide variety of products, with a wide variety of functions, and the rules of our financial system are clear and long-standing. If you are raising capital for a project, you have to register your capital raising with SEC. If you are trading securities it has to be on a registered venue, But there are many crypto sectors like stablecoins that are not securities and outside of SEC purview.” Feds Should Regulate Crypto Appropriately Cryptocurrencies, according to Clayton, should be allowed, but with adequate regulation. He believes the government should be “reactive to people who are violating our well-defined laws but proactive in encouraging the adoption of this technology throughout our financial system.” according to him. During Clayton’s tenure, a Bitcoin ETF was not approved, which will now happen in 2021 under Gary Gensler. Since then, the SEC has been chastised for rejecting spot ETF applications but allowing Bitcoin futures ETFs. “There is no basis for the position that investing in derivatives for an asset is acceptable for investors but not investing in the asset itself,” Grayscale said to SEC secretary Vanessa Countryman in a letter. Under the Administrative Protections Act, or APA, the SEC was accused of treating the two Bitcoin ETF proposals unequally. BTC Spikes after Fed confirmed it won’t change interest rates. Source: Tradingview Related article | Why Bitcoin Is The Answer To Central Bank Monetary Madnes Image from Shutterstock, charts from TradingView

Havnt seen any new info. submitted by /u/whiteninja123 [link] [comments]

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I live in Australia. Came to Reddit for some help with my crypto wallet. An elaborate scam, as well as being incredibly tired, led me to have my crypto wallet drained of all it's funds, $823,000 (a lot was Ethereum) – screenshot shows 1/14 transactions. I take personal responsibility for it. I've cried many nights.…
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