Bernd Sischka, Chief Commercial Officer at PowerTrade, a crypto options and derivatives exchange, said to CoinDesk in a note that this swift rally wasn’t necessarily driven by a genuine shift from bearish to bullish sentiments. Instead, it appeared to be spurred by aggressive short covering and a liquidity crunch, leading …
Read More »Messaging App Telegram Gives Endorsement to TON Project; Token Surges
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Read More »BitMEX’s Prediction Market is Now Live
BitMEX’s prediction market, which its calling its newest derivative product, is going for the former rather than the latter, launching with offerings of prediction contracts on the percentage recovery rate of FTX’s bankruptcy claims, the chance of an approval of a Bitcoin Exchange Traded Fund on or before October 17, …
Read More »CoinDesk Indices Expands Into Asia-Pacific Through Deal With Major Exchange Operator ICE
«We are excited to expand our presence into the [Asia-Pacific] region through this collaboration with ICE Futures Singapore,» Andy Baehr, managing director at CoinDesk Indices, said in the statement. «This move underscores CDI’s commitment to serving global markets and offering world-class solutions to marketplace participants.»
Read More »CoinDesk Indices Expands Into APAC Region in Deal With ICE Futures Singapore
«We are excited to expand our presence into the APAC [Asia-Pacific] region through this collaboration with ICE Futures Singapore,» said Andy Baehr, managing director at CoinDesk Indices. «This move underscores CDI’s commitment to serving global markets and offering world-class solutions to marketplace participants,» he added.
Read More »Zodia Custody Looks to Drive Institutional Access to Polkadot Ecosystem
Together with Parity Technologies, the firm plans to provide custody for the Polkadot ecosystem, offering digital asset storage services for financial institutions. The two plan to offer staking of DOT, Polkadot’s native token in order to further expand the network’s reach among institutions.
Read More »Fear of FTX-Spurred Crypto Crash Is Overblown, Analysts Say
“The way crypto market makers and traders are front-running the FTX supply shows a complete misunderstanding of how a syndicated sale process works,” said Dorman. “This isn’t an every-man-for-himself VC unlock. This is a court-ordered process that Galaxy will sell very slowly and opportunistically,” he added.
Read More »Vitalik Buterin Wants a Better Crypto Mixer
But for most people in the world, Ethereum is crypto. And today there’s no way to, say, pay for a meal on-chain without revealing your entire financial history, and that’s a bad thing. At some point Ethereum will need a workable solution for privacy, if only because it’s an expectation …
Read More »Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto
“The problems we saw at FTX are everywhere in crypto – the failure to provide real disclosure, the conflicts of interest, the risky bets with customer money that was supposed to be safe,” said Brown, the Senate Banking Committee’s chairman, whose committee will probably have to agree to any crypto …
Read More »Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
However, the bank remains somewhat cautious of crypto, at least publicly; back in July, HSBC-owned Hang Seng Bank, also in Hong Kong, said that while licensed crypto companies can open a bank account, they’ll only be able to get a “simple” one.
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