Numerous Israeli banks and regulators have stepped in to assist with the flow of these crypto donations. According to a source close to the initiative, for the first time, these banks will most likely provide a bridge to move those crypto assets to the banks.
Read More »Bitstamp Courts European Banks as Region’s Incoming Crypto Rules Boost Confidence
Bitstamp has gotten a lot of interest in Europe for the exchange’s relatively new Bitstamp-as-a-service offering, a white-label licensing and technology combo designed to help banks and fintech firms offer crypto buying and selling, said Robert Zagotta, the Luxembourg-based company’s global chief commercial officer and CEO of its U.S. division.
Read More »First Mover Americas: Crypto Funds See Largest Inflows Since July
Digital asset investment funds witnessed inflows for the second week totalling $78 million, the largest inflows since July, according to data from CoinShares. Bitcoin investment funds saw the largest proportion of inflows, totalling $43 million. Bitcoin trading volumes also rose by 16% last week, said the report. CoinShares noted that …
Read More »Upbit Deflected 879 Hacking Attempts per Day in First Half of the Year
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by …
Read More »Bitcoin Is Better Than Digital Gold: Matrixport
“Even today, storing assets in the form of gold has not only become unfashionable in the digital age, but comes with significant restrictions when crossing borders,” wrote Markus Thielen, head of research at Matrixport, adding that “bitcoin offers a solution to this dilemma, enabling the swift and relatively inconspicuous movement …
Read More »Crypto Market Stable, Oil Prices Surge as Hamas Attack on Israel Jolts Markets
Equity markets in Asia traded lower after Monday’s open. India’s Sensex slipped 0.69%, Shanghai Composite lost 0.44%, while the Singapore Straits Times Index fell 0.2%. Premarket futures in the U.S. pointed to losses, with the Dow Jones Index losing 0.77% and tech-heavy Nasdaq 100 slumping 0.86%.
Read More »DOJ Wants to Block Sam Bankman-Fried From Bringing Up Anthropic AI Raise in Court
«Evidence regarding the current value of the defendant’s investments could only be used to support the argument that FTX customers and/or other victims will ultimately be made whole, which the Court has recognized is an impermissible purpose,» the filing said.
Read More »Avalanche Social App Stars Arena Drained of $3M in AVAX After Hack
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by …
Read More »Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a splinter group called FloorkDAO that was controlled by the activist investors. The investors quickly divided that sum amongst themselves in a redemption that valued each …
Read More »Far From the SBF Trial, a Very Different Web3 Narrative Is Unfolding
I have spent the last two years writing a new book, “Web3: Charting the Internet’s Next Economic and Cultural Frontier,” shining a light on the ways in which citizens, entrepreneurs, creators and business leaders are being impacted by Web3. I have reached a different conclusion: If Web1 and Web2 democratized …
Read More »