Is Nigeria Strong-Arming Binance?
Two mid-levels executives were detained without charge for more than a month, one escaped. Here’s what we know so far about Nigeria's legal battle with Binance.
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How to Improve Transparency and Public Trust in Crypto Markets
Proof-of-reserves and off-chain transaction reporting are key to improving trust in trading platforms following the scandals of the last 18 months, say Bruce Tupper and Tyler Williams.
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
TrueFi Unveils Lending Protocol for Tokenized Real-World Assets; TRU Jumps 14%
Investors will be able to take out crypto loans by pledging TrueFi's U.S. Treasury bill tokens, with plans to expand collateral to other types of tokenized RWAs, according to the proposal.
FTX to Sell $884M of Anthropic Shares to Two Dozen Institutional Investors
The value of FTX's FTT token surged 10% on the news.
Record $1B Exited Crypto Funds Last Week: CoinShares
The action was a break from what had been a record seven-week string of inflows.
Goldman Seeing 'Resurgence of Interest' for Crypto Options From Hedge Fund Clients: Bloomberg
The approval of spot bitcoin ETFs in the U.S. in January brought about a pickup in interest from Goldman's existing clients.
Bitcoin Pumps Above $70K as Crypto Rally Resumes; Analyst Sets $83K Price Target
The rally was broad-based, with SOL and AVAX advancing nearly 10% over the past 24 hours.
Binance Blocked by Philippines Securities Watchdog
The Philippines Securities and Exchange Commission warned in November that the company was operating in the country without the necessary licenses.
CommEX, Owner of Binance's Former Russian Ops, to Close Down
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.
First Mover Americas: Back in the Green
The latest price moves in bitcoin (BTC) and crypto markets in context for March 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated.
EU Markets Watchdog Steps Closer to Finalizing Rules Under MiCA
The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.
Crypto Market Remains Focused on Spot Bitcoin ETF Flows Over Fundamentals: Coinbase
There were $836 million in net outflows between March 18 and March 21, the report said.
Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports
One of two senior Binance executives in government custody has escaped, local media reported over the weekend.
Nobody Wants to Sell BTC, Analyst Says as Bitcoin's On-Chain Activity Limps
Hardly any value is being moved on-chain, a sign nobody wants to sell, one analyst said.
Bitcoin, Ether in the Green as Global Easing Cycle Begins
Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
Remembering ‘True Names’ Author Vernor Vinge
Known for popularizing the term “singularity,” the cypherpunk writer, who died this week, was prophetic about the age of artificial intelligence and cryptocurrency.
SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
There Can (Probably) Be Only One Bitcoin
But the market for cryptocurrencies and blockchains that deliver consumer and business benefits is likely to be bigger than the one for “digital gold,” says Paul Brody, head of blockchain at EY.
Aptos Soars 16%, Leading CoinDesk 20 as Broader Market Declines: CoinDesk Indices Market Update
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.