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. Author: Danny Nelson
Archives for September 2024
The Protocol: The Secret Code Behind Trump Family Crypto Project
In this week’s issue of CoinDesk’s weekly newsletter on blockchain tech, we’ve got the secret details underpinning the former president’s plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets. Author: Bradley Keoun
CoinDesk 20 Performance Update: MATIC Plunges 6.9%, Leading Index’s Decline
Index stumbles 2.1% with Polygon leading declines, while Uniswap and Litecoin remain in green. Author: CoinDesk Indices, Tracy Stephens
Bitcoin Mining Profitability Is Stuck at Record Lows, JPMorgan Says
Miners earned an average of $43,600 per exahash a second in daily block rewards last month, the lowest rate on record, the report said. Author: Will Canny
Bitcoin Dives Under $56K as Asian Equities See Red
The August reading of the Institute for Supply Management’s manufacturing index slumped for a fifth straight month with a rebound from July but remaining below the 50 threshold. Author: Shaurya Malwa
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