As Traditional Banks Step Back, New Players Fill Gap in Crypto Banking
9.6.2023
With traditional banks becoming more cautious about servicing the cryptocurrency industry, smaller regional banks and alternative payment service providers are stepping up to fill the gap.
In the US, Customers Bancorp, a Pennsylvania-based lender, has become a popular choice, having launched...
The shift from centralized exchanges to DEXs
9.6.2023
The growth of DeFi has happened in spite of the CEXs' stranglehold, with users relying on non-custodial wallets to access even the most basic of DeFi products
Bitcoin, Ethereum Technical Analysis: BTC Moves Higher, as Traders Prepare for Next Week’s Fed Meeting
9.6.2023
Bitcoin edged marginally higher on Friday, as traders began to shift their attention to next week’s Fed meeting. Many are expecting that the Federal Reserve will keep rates unchanged for the first time in over a year. Ethereum remains above a floor at $1,830. Bitcoin Bitcoin (BTC) moved...
Ankr launches Enterprise RPC and AppChain Solutions on Azure Marketplace
9.6.2023
Ankr has announced the release of its Enterprise RPC Service and AppChain Solutions on Microsoft’s Azure Marketplace. The announcement expands on the partnership between companies reported in February 2023. Initially limited to the RPC Service, the partnership has expanded to include another...
First Mover Americas: Binance.US Suspends Dollar Deposits
9.6.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for June 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bitcoin Trades at Narrow Discount on Binance.US
9.6.2023
News of a possible halt in U.S. dollar withdrawals sparked an increase in bitcoin trading as customers looked to remove their assets from the exchange, one observer said
Circle USDC-Issuer Taps Ex-Regulator as Chief Legal Officer in Regulatory Push
9.6.2023
Circle, the US-based company behind the stablecoin USDC, has tapped former Commodity Futures Trading Commission (CFTC) chair Heath Tarbert as its new Chief Legal Officer as it pushes for more regulatory clarity in the US.
In a press release, Circle said Heath Tarbert will help Circle build...
BitGo Announces Landmark Deal to Acquire Crypto Custodian Prime Trust
9.6.2023
BitGo Holdings Inc., the renowned digital asset trust and security company, has revealed plans to acquire 100% of the equity of Prime Core Technologies, Inc., the parent company of Prime Trust.
The development marks a watershed moment for the Prime Trust clients, positioning them to enjoy business...
Report: Zimbabwean Crypto Trader Uses Recovery Phrase to Steal Digital Assets Worth $457K From Client
9.6.2023
A Zimbabwean crypto trader has appeared in court to face theft and money laundering charges after prosecutors accused him of stealing digital assets worth more than $457,000 from his client. The crypto trader is accused of siphoning the digital assets using seed phrases and passwords he obtained...
Hut 8 Says Repairs to Damaged Crypto Mining Equipment Are Taking Longer Than Expected
9.6.2023
The delays are impairing the miner's hashrate and bitcoin production
US House Committee releases new stablecoin bill draft
9.6.2023
The draft bill is set to go before the House Committee for discussion on June 13, and if approved by the House and the Senate, it could become the first form of crypto legislation in the U.S
Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more
9.6.2023
A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes