$104,144.00
0.85%$2,464.13
1.06%$2.35
-2.04%$652.24
0.10%$170.57
-0.41%$0.999952
-0.00%$0.228837
0.88%$0.78998
-1.43%$0.2608
0.66%$2,459.89
1.09%$104,171.00
0.99%$3.93
-0.63%$16.57
0.80%$2,979.20
1.76%$24.39
-0.12%$0.303714
0.22%$0.00001583
0.63%$0.203853
-2.08%$3.39
1.45%$407.35
-2.88%$23.97
-3.95%$0.999882
-0.01%$8.33
-3.33%$5.05
0.85%$1.067
46.54%$99.47
-2.37%$2,457.73
0.81%$332.93
2.22%$2,633.86
1.27%$0.00001334
3.75%$4.81
0.01%$1.003
0.26%$104,329.00
1.05%$1.001
0.02%$30.13
-0.32%$6.81
0.71%$445.90
0.75%$3.12
5.18%$5.84
2.08%$55.03
1.18%$216.54
-2.01%$1.018
-0.96%$5.66
3.53%$19.71
0.42%$1.00
0.00%$1.051
-0.01%$0.098375
-0.48%$0.107192
2.34%$34.13
-1.34%$13.65
-3.48%$0.800429
4.42%$21.74
-1.51%$5.11
-0.87%$0.03058235
0.30%$0.403195
5.81%$5.22
3.49%$0.256391
-0.02%$0.84473
0.02%$1.001
-0.02%$0.446428
7.47%$103,880.00
0.86%$3.12
2.51%$0.239226
0.42%$1.17
0.05%$3.17
1.18%$4.36
0.22%$0.579313
-0.63%$1.23
7.72%$0.00002172
-0.94%$0.553689
6.16%$4.52
-0.07%$0.994954
-0.25%$0.994976
-0.36%$1,804.64
0.68%$2,465.15
1.20%$98.00
1.30%$11.23
-0.12%$2,588.97
2.04%$0.850157
7.33%$179.24
-0.15%$0.880621
-3.55%$0.25618
0.53%$0.719939
7.59%$1.30
-0.29%$0.01967582
-2.34%$4.73
5.81%$13.07
7.12%$1.26
-1.87%$1.92
1.06%$0.075417
-2.51%$104,118.00
0.91%$2,794.88
1.11%$0.11726
0.02%$0.998239
-0.22%$0.760774
-1.64%$0.00010394
1.90%$0.98271
6.72%$1.092
3.09%$0.02165426
8.16%$653.47
0.25%$0.999773
-0.01%$2,611.72
0.71%$219.92
-0.54%$1.004
0.34%$0.01856205
0.49%$0.896771
4.98%$3.03
2.69%$188.16
-0.62%$0.352094
2.72%$0.01365269
-0.33%$103,976.00
0.73%$0.845839
1.97%$3,322.48
-0.13%$41.15
-0.46%$0.082487
0.89%$2.43
1.94%$14.07
3.33%$103,181.00
-1.11%$102,986.00
0.19%$0.0000008
-0.74%$3,322.03
-0.25%$2,571.17
0.76%$1.00
0.02%$0.244849
0.08%$0.619601
1.88%$23.05
-0.69%$3.98
-3.20%$0.123047
0.62%$0.449389
2.16%$0.75538
5.74%$0.660964
2.69%$2,578.11
1.10%$0.363349
2.45%$42.15
2.14%$0.185695
0.31%$2.04
1.00%$0.99815
0.02%$0.998481
-0.05%$3.83
-1.47%$0.01795765
-1.13%$1.71
2.71%$1.10
0.34%$0.228122
0.54%$0.720487
-5.63%$0.487343
6.51%$0.00615679
-3.92%$0.00986494
-2.11%$0.223268
13.44%$0.177892
0.36%$19.33
2.26%$111.00
0.00%$0.700328
-0.31%$2,463.33
1.03%$8.12
1.32%$2,455.26
0.77%$2,617.94
0.89%$104,097.00
0.77%$0.649271
0.75%$0.477789
-0.42%$2,529.42
1.93%$4.19
3.06%$1.004
0.44%$3.08
5.01%$0.996546
-0.19%$0.503509
-0.67%$6.94
4.04%$0.097146
2.89%$0.00002465
0.32%$0.194194
-0.83%$103,836.00
0.64%$0.00893258
1.44%$100,545.00
0.77%$0.065143
-0.59%$0.101543
1.48%$0.999973
-0.00%$0.04754248
2.27%$0.690465
5.21%$2,456.98
0.74%$0.00000115
6.68%$1.80
0.04%$1.57
-3.29%$2,469.10
1.29%$47.16
2.08%$0.440145
-12.33%$0.161248
-1.53%$0.00000043
1.32%$0.422568
29.20%$1.58
0.40%$0.25537
-0.54%$1.096
0.00%$1.37
6.64%$1.70
3.39%$0.992697
-1.48%$0.423656
3.71%$0.00574113
0.13%$102,873.00
-0.10%$0.84106
-1.14%$0.919606
6.98%$0.00449654
0.69%$0.188764
1.38%$0.00006862
0.37%$33.96
2.12%$0.00370418
-1.36%$0.03714508
-0.37%$0.995427
-0.42%$0.0190163
0.63%$0.328666
-1.36%$137.15
2.16%$2,627.45
1.79%$1.00
0.01%$0.287556
5.32%$21.38
-1.45%$0.349991
-7.89%$4.18
1.30%$2,709.95
1.16%$104,021.00
0.79%$2.98
2.12%$0.736924
1.35%$24.40
0.01%$2,676.58
0.75%$1.003
0.36%$0.03791733
7.10%$0.230919
0.60%$0.998865
-0.16%$0.00000156
-3.03%$0.545568
-1.20%$1.00
0.02%$2,457.27
0.82%$0.00349008
0.18%$2,652.36
0.99%$18.57
-0.15%$1.10
0.01%$23.97
-3.82%$2,499.79
2.96%$24.44
1.46%$0.00288152
2.14%$0.273144
-0.04%$0.583725
0.20%$0.848986
4.14%$0.00
3.59%$0.285797
0.40%$0.699205
8.12%$0.999956
0.02%$0.0407156
1.30%$0.01449607
1.90%$3.41
0.12%$0.120214
0.01%$3,327.80
0.02%Reading
U.S. and state regulators have been taking aim at crypto rewards platforms such as BlockFi and Celsius for the last year. In a direct blow, the latter has agreed to stop paying rewards to non-accredited (read: financially well-off) U.S. investors on any new deposits starting April 15.
Accredited investors will still be eligible for rewards, as will non-accredited customers' assets that are already held by Celsius. The new rules don't apply to non-U.S. customers.
The change will dent Celsius' business model, which works like this: Customers store their crypto assets with the company and earn interest (i.e., rewards) in the form of more coins and tokens. For instance, Celsius currently offers over 7% annual returns on stablecoins such as USDC and Tether, 5.5% for Solana and over 3% for wrapped Bitcoin. Celsius then loans those pooled tokens out at higher rates to borrowers.
Caitlin Long spent nearly two decades at big banks Credit Suisse and Morgan Stanley before she went all in on Bitcoin. Now her company Custodia is seeking to offer banking services to crypto companies long shut out by the big banks. She talks to Dan Roberts and Jeff Roberts about identifying as a Bitcoin maximalist, crypto regulation in DC, and Web3 culture. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
Several state securities regulators, including Texas, New Jersey, and Alabama, accused Celsius and competitor BlockFi of offering unregistered securities. The U.S. Securities and Exchange Commission and other regulators view high-interest accounts as securities, just like unsecured bonds—with borrowers repaying a loan without putting up collateral. (As for why securities regulators would care, it's because consumers could get shafted if borrowers default.)
In February, BlockFi settled with the SEC and 32 states for $100 million over failing to register its BlockFi Interest Accounts. While it neither admitted nor denied the SEC's charges, BlockFi did scuttle the accounts for U.S. users, saying it planned to create an SEC-registered product that would "allow clients to earn interest on their crypto assets."
Crypto lending firm BlockFi must pay $100 million to federal and state securities regulators to settle charges that it failed to properly register its high-yield Blockfi Interest Accounts (BIAs), according to a press release Monday from the Securities and Exchange Commission. The news first broke late Friday night and was confirmed with details by the agency this morning. Lawyers within the crypto space say that while the terms of the settlement may provide a regulatory playbook for centralized...
Now, Celsius is going a similar route—albeit without a $100 million settlement—and citing "ongoing discussions with United States regulators" as the impetus behind changing its Earn product so that only accredited investors can take home interest.
It says that on Friday, April 15, Celsius will release a new "Custody" product in licensed U.S. jurisdictions: "Custody will serve as the centerpiece of your home for crypto, providing a secure way to navigate across Celsius’ products, including store, access, borrow, spend, earn and grow."
Yes, earn and grow—but by how much?
Last week’s Token2049 conference brought together some of the biggest names in crypto, and as the sun set on another busy gathering for the crypto industry in Dubai, we couldn’t help but reflect on some of the weird, wacky, and thought-provoking things we heard along the way. What can be overheard at a conference reveals the most honest narratives behind crypto. Founders and CEOs outline their vision for the future on panels in front of hundreds of attendees, but the true value is often found in...
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: Bitcoin miners wrangle with malaise, Coinbase tries a little misdirection ahead of its earnings miss, and sources say Meta is stablecoin curious. Bitcoin miners’ malaise Publicly traded Bitcoin miners have faced some dark days this week. Stocking up on BTC wasn’t enough to help MARA Holdings, which trades on the Nasdaq under the MARA ticker, outrun a lousy quarterly report on Thursday. R...
The Sean “'Diddy” Combs X account promoted an Official Diddy Solana meme coin on Thursday night. Shortly after, the token pumped to a market cap of $181 million before crashing 79.5% to $37 million in a matter of hours. This comes amid Combs’ sex trafficking and racketeering conspiracy trial in New York, in which he is alleged to have coerced women into sexual events nicknamed “freak-offs.” One legal expert warned that the optics of the token launch could lead prosecutors to believe the alleged...
