For over a decade, interacting with Ethereum meant one thing: controlling a private key. Lose the 12-word seed phrase — to a …
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DeFi
DeFi yields are crashing so hard that they can’t compete with a traditional savings account
by shayaanby shayaanCrypto investors who once turned to decentralized finance for easy passive income through juicy yields are running into a new reality: the …
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Regulation
Kraken’s Fed Master Account Faces Scrutiny as Lawmaker Questions Its Legal Foundation
by shayaanby shayaanWASHINGTON, D.C. – In a significant development for cryptocurrency regulation, a prominent U.S. lawmaker has raised serious questions about the legal foundation …
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Markets
Top Democrat on House committee questions Kraken's Federal Reserve account
by shayaanby shayaanMaxine Waters, who would likely take the House Financial Services Committee gavel again if Democrats win the House, sent a letter to …
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Markets
Grayscale wants to bring the world's hottest crypto trading frenzy to your brokerage account
by shayaanby shayaanThe Hyperliquid network has seen significant growth, with weekly derivatives trading volume exceeding $50 billion and 24-hour fee revenue of $1.6 million. …
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Regulation
Refusing new IRS crypto tax forms could cost you your exchange account
by shayaanby shayaanLog in to Coinbase next tax season, and your tax documents might no longer arrive by mail. Under a new IRS proposal, …
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Regulation
Senator Lummis says Kraken’s master account opens door for Bitcoin adoption in banks
by shayaanby shayaanKraken’s newly granted access to a Fed master account brings Bitcoin closer to mainstream banking, said Senator Cynthia Lummis, a known Bitcoin …
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Finance
Michael Saylor’s Spinal Tap ad says STRC is like a bank account — it isn’t
by shayaanby shayaanMichael Saylor used AI to appropriate a famous scene from the mockumentary This Is Spinal Tap to advertise STRC as a competitor …
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Scams
Fintechs Back Fed Payments Account That Could Open Rails to Crypto Firms
by shayaanby shayaanIn brief Fintech trade groups back a proposal for limited Fed payment access for non-bank firms. Banks warn the plan could raise …
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Regulation
Bank of Russia introduces strict account requirements in amended digital ruble rules
by shayaanby shayaanRussia’s monetary authority has updated the rules for opening digital ruble accounts, and the end result is a complicated procedure for ordinary …