Founder of Estonia's LHV Bank Lost Access to $472M of Ether
"It's no secret that I have a wallet with 250,000 Ethereum units," Lõhmus said in an interview with Estonian national radio channel Vikerraadio in late October.
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UK’s Tough Crypto Regulator FCA Won’t Go Easy on Stablecoins, Official Says
The Financial Conduct Authority (FCA) on Monday published a discussion paper with proposals for a stablecoin regime. Though the country’s Conservative government has said it wants the U.K. to be a crypto hub and has managed to push through…
'Almost All of DeFi Uses the Graph' – Q&A With Edge & Node CEO Tegan Kline
The CEO of Edge & Node shares how The Graph network is supposed to help organize data for other protocols.
Near Foundation Joins Celestia in Race to Provide 'Data Availability' for Ethereum Rollups
The project's new "NEAR DA" aims to provide an alternate venue that could handle data produced by Ethereum's fast-growing network or auxiliary blockchains or "layer-2 networks."
Lukso Blockchain Releases Universal Profiles on Mainnet
The feature went live on main network blockchain two months after it was released on testnet.
Near Foundation and Polygon Labs Collaborate to Build ZK Solution
The aim of the tie-up is to allow for greater interoperability across chains.
Artificial Intelligence Platform Ritual Looks to 'Decentralize Access to AI' With $25M Backing
Ritual's aim is to open access to the infrastructure that lies behind AI innovation, which at present "lies in the hands of a few powerful companies."
EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
First Mover Americas: Binance Unveils Self-Custody Wallet
The latest price moves in bitcoin [BTC] and crypto markets in context for Nov. 8, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Swiss Crypto Bank SEBA Wins Hong Kong License
The bank's Hong Kong unit can now deal in and distribute securities, including virtual assets-related products.
New Cryptocurrencies Getting Created at Slowest Pace in 3 Years, CertiK Data Shows
Excluding memecoins, some 293 new tokens were added to the CoinMarketCap website, less than a fourth what was added during the bull market of late 2021, according to new data compiled by the smart-contract auditor CertiK.
SOL, XRP, DOGE Yields on GMX Jump up to 75% as Arbitrum Incentives Go Live
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October.
CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, the group's general manager Agustín Carstens said.
HSBC to Offer Tokenized Securities Custody Service for Institutions
The platform, planned for 2024, complements its new offering for tokenized gold as well as one for issuing digital assets.
Investment Adviser Two Prime Sees $2B in Demand for Bitcoin-Backed Loans
"We have seen about $2 billion in demand for bitcoin-secured loans since we started offering them in September, " Two Prime's Alexander Blume said.
Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 Wallet
Trust Wallet's native token [TWT] has plunged over the past few hours after Binance, the exchange that acquired TrustWallet in 2018, releases its own competing web3 wallet.
Grayscale Chainlink Trust Zooms to 200% Premium, Indicating Institutional Demand for LINK
The trust is one of the only ways for institutional investors to gain exposure to LINK tokens through a regulated product.
Binance Rolls Out Its First Ever Self-Custody Web3 Wallet
Cryptocurrency exchange Binance has released its web3 wallet that can be used to interact with the decentralized finance (DeFi) ecosystem.
OpenSea Investor Coatue Cuts NFT Marketplace's Valuation by 90%: Report
Coatue also marked down its stake in MoonPay by 90%
Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia
Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.
Crypto's Bromance With U.S. CFTC May Be One-Sided
Half of the 2023 sanctions from the U.S. Commodity Futures Trading Commission (CFTC) targeted digital assets companies and individuals, according to the agency's annual enforcement snapshot released on Tuesday.
Robinhood to Expand Crypto Trading Into EU, Plans to Start UK Brokerage
The crypto trading platform for EU will start in "coming weeks."
U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions.
Bitcoin Squeezes to $35.5K as 'Mini Altcoin Season' Lifts Crypto Market Cap to $1.3 Trillion
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The Crypto Industry Responded to the IRS Proposed Broker Rule
The U.S. Treasury Department and IRS are poised to bring fresh crypto tax reporting rules into effect. The crypto industry largely seems opposed – the majority of comments I read urged caution or raised concerns about the proposal as written while…