Grayscale’s Crypto Products Raised Over $3B Last Quarter, the Most Ever

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Grayscale's popular bitcoin trust once again led the pack with over $200 million in inflows every week.

via CoinDesk https://www.coindesk.com/grayscale-crypto-products-raised-over-3b

Paxos Makes Fresh Push for DeFi Market With New Oracle Integration

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Paxos’ stablecoin tokens have mainly been playing catch-up since the DeFi spike in 2020.

via CoinDesk https://www.coindesk.com/paxos-defi-market-oracle-integration-chainlink

Bitcoin Briefly Revisits $40,000 as Bulls Pare Week’s Losses

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Bitcoin has rallied nearly 15% in the past 24 hours. Ether hits $1,200.

via CoinDesk https://www.coindesk.com/bitcoin-40000-bulls-pare-losses-bear-market

DC Magistrate Judge Calls Unhosted Wallet ‘Horror Story’ a ‘Fiction’

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“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case.

via CoinDesk https://www.coindesk.com/zia-faruqui-unhosted-wallets

First Mover: Forget Facebook’s Stablecoin. Now It’s $700B Bitcoin in the Crosshairs

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Bitcoin's powerful move over the past couple of months to more than $700 billion in market value is suddenly commanding more attention from global financial regulators. 

via CoinDesk https://www.coindesk.com/first-mover-forget-facebook-bitcoin-in-crosshairs

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

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Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

via CoinDesk https://www.coindesk.com/fincen-extends-comment-period-for-controversial-crypto-wallet-rule-by-15-days

Fireblocks Rolls Out Staking Rewards for Eth 2.0, Polkadot and Tezos

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The institution-focused crypto custodian is bringing staking services to its 165-plus customers.

via CoinDesk https://www.coindesk.com/fireblocks-rolls-out-staking-rewards-for-eth-2-0-polkadot-and-tezos