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Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients
8.8.2024
Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients
Do Kwon’s Extradition from Montenegro Postponed Yet Again
8.8.2024
Do Kwon’s extradition from Montenegro has been delayed yet again
Crypto for Advisors: Bitcoin and Lending
8.8.2024
Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power
Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield
8.8.2024
The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin
CoinDesk 20 Performance Update: Index Rallies 7.1%, Led by XRP's 17.5% Gains
8.8.2024
Ripple soared 17.5% while Solana climbed 8.9%, leading the index higher
Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket
8.8.2024
A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events
Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing
8.8.2024
Algoz will use Zodia's Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency
Franklin Templeton's Tokenized Money Market Fund Expands to Arbitrum
8.8.2024
The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon
NEAR Pushes 'Signatures' on Mainnet, in Growing Trend of Chain Abstraction
8.8.2024
The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges
First Mover Americas: Crypto Prices Little Changed, XRP Surges
8.8.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
8.8.2024
A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield
Japan's Top Regulator Says Crypto-ETF Approvals Need 'Cautious Consideration:' Report
8.8.2024
The boss of Japan's Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds
Metaplanet Arranges Loan to Buy $6.8M of BTC
8.8.2024
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May
XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends
8.8.2024
Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours
Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says
8.8.2024
U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed
FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge
8.8.2024
United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty
Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President
8.8.2024
Donald Trump's chances of winning the 2024 election have declined 13 percentage points in the last month
Did Sanctioning Tornado Cash Work?
8.8.2024
Sanctions are an effort to throw the weight of the U.S. dollar around to tamp down on activities the U.S. government thinks may be harmful – like money laundering to fund terror groups or rogue nations. The New York Federal Reserve thinks they had a real effect in crypto
Brazil’s Securities and Exchange Commission Approves Solana-Based ETF
8.8.2024
The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central database
Protocol Village: Validation Cloud Supports Stellar Full Archive Nodes, Nillion Partners With AI Network Ritual
8.8.2024