Coinbase’s Paul Grewal says SEC proposed custody rule ‘unnecessarily singles out crypto’
Coinbase’s Paul Grewal says SEC proposed custody rule ‘unnecessarily singles out crypto’Coinbase suggests a more inclusive approach to qualified custodians and a unified possession or control standard for crypto assets for SEC's proposed custody rules.
Happy Tuesday!The global crypto market cap is $1.14 trillion with a 24-hour volume of $38.21 billion. The price of Bitcoin is $27,658.37 and BTC market dominance is 46.9%. The price of Ethereum is $1,850.64 and ETH market dominance is 19.5%.
Latest NewsCoinbase’s Paul Grewal says SEC proposed custody rule ‘unnecessarily singles out crypto’
Coinbase suggests a more inclusive approach to qualified custodians and a unified possession or control standard for crypto assets for SEC's proposed custody rules. Binance’s NFT marketplace to support Bitcoin OrdinalsThe total number of Bitcoin NFTs spiked above 5 million earlier today after a recent surge in activity, according to Dune analytics data. Microsoft, Goldman, others partner for privacy-enabled blockchain Canton NetworkCanton Network would launch in July when the network participants would test its interoperability capabilities. ‘Kim Jong-Un’ gets approved for Gate.io crypto accountGate.io's account verification has come under scrutiny after ZachXBT tested its KYC process. OKX sends over $60M in crypto to Alameda’s walletCrypto exchange OKX made 16 transactions — which included 10 deposits of $5 million USDT — to the bankrupt firm’s wallet. Crypto investment products recorded over $50M in outflows – almost all from BTCBitcoin-based investment products lost $54.9 million as the overall market closed at outflows for the third consecutive week. Block Size War 2.0 heats up as Bitcoin SV spikes 33%Bitcoin SV proponents maintain that BSV's bigger block size and lower fees make it a better Bitcoin than BTC. DeBridge launch trading infrastructure product without liquidity poolDeBridge's DLN API is asset-agnostic, meaning users can send any crypto asset across the trading infrastructure. CryptoSlate wMarket Update: Bitcoin maintains $27K amid rising network feesThe wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays. Bitcoin transaction fees surge to 24-month high amid BRC-20 memecoin maniaThe average Bitcoin transaction fee has surged to a massive $30.91 in light of degens aping into BRC-20 tokens. SBF says most charges against him ‘suffer from multiple legal flaws’Sam Bankman-Fried's lawyers argue that the charges against him "suffer from multiple legal flaws" or were "improperly premised."
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