Gary Gensler, We’re Gonna Miss You (Not)
The SEC Chair’s comments on crypto Wednesday did nothing to encourage anyone in the industry to believe he should continue in his position past this year.
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OKX Goes Live in UAE, Targeting TradFi Institutions, Retail Market
OKX, one of the four biggest cryptocurrency exchanges, has gone live in the UAE, Middle East General Manager Rifad Mahasneh said in an interview.
Heather 'Razzlekhan' Morgan Should Spend 18 Months in Prison, Prosecutors Tell Court
Prosecutors have requested that Heather Morgan – better known by her rap moniker “Razzlekhan” – be sentenced to just 18 months behind bars for her role in laundering 120,000 bitcoins stolen from Bitfinex in a 2016 hack.
Crypto for Advisors: Bitcoin and the American Dream
As bitcoin continues to gain traction as a financial asset, its role in reshaping traditional mortgages could mark a significant advancement for homeownership and the American Dream.
Ethena Picks BlackRock's BUIDL, Mountain, Superstate and Sky's USDS for $46M Tokenized RWA Investment
Ethena's $46 million allocation fits into the growing trend of DeFi platforms and protocol foundations investing in real-world asset-backed products to earn a yield without leaving blockchain rails.
Ripple Expands Custody Business to Offer 'Bank-Grade' Service to Crypto Firms
The new features could allow companies to tokenize and manage real-world assets (RWAs) as well as other cryptocurrencies on XRP Ledger.
The U.S. Fell Behind in Crypto. It Cannot Afford to Fall Behind in AI
The U.S. digital assets industry has been stymied by ineffective regulation. Is the same thing about to happen with artificial intelligence? Calanthia Mei, co-founder of Masa, says it's possible.
CoinDesk 20 Performance Update: UNI Surges 10.4%, While Index Trades Mostly Flat
Aptos was the weakest performer, falling 6.9%
Uniswap Developer Unveils Own Layer-2 Network, Unichain, Built on Optimism Tech
The news is in line with the ongoing trend that's hit the Ethereum scaling world since the end of 2023: giant and familiar crypto exchanges launching their own layer-2 networks.
First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities
Dubai's Virtual Assets Regulatory Authority (VARA) issued cease-and-desist orders and accompanying fines to seven entities for operating without the required licenses and breaching marketing regulations.
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
A hotter-than-expected U.S. inflation report would weaken the case for Fed rate cuts.
Uptrend in Bitcoin's Dominance Rate Threatened by Fed Rate Cut Cycle, Crypto Asset Manager Says
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
SEC Chair Gary Gensler on Crypto: ‘It’s Unlikely This Stuff Is Gonna Be a Currency’
Gensler also called out fraud in crypto: “With all respect, the leading lights of this field in 202[4] are either in jail or awaiting extradition right now.”
CPI Growth Is Set to Slow Even More
And that’s good news for risk assets like bitcoin and ether, says Scott Garliss.
Prosecutors Charge Two Crypto ‘Market Makers,’ Employees With Market Manipulation, Fraud
Gobit and ZM Quant were secretly offering market manipulation services to projects that wanted to artificially inflate their trading volume, prosecutors allege.
The Protocol: Peter Todd Wants to Fix Satoshi's Bitcoin Bugs
The HBO documentary turned the spotlight on an early Bitcoin contributor who recently has proposed an upgrade to fix all the bugs left in Bitcoin's original code. PLUS: Criticisms mount after EigenLayer unlocks EIGEN token, as Babylon vaults to top…
How Crypto Reacted to HBO's Big Satoshi 'Reveal'
HBO's Satoshi documentary Tuesday got plenty of attention. But experienced hands were not convinced by the show's conclusion.
LatAm Bank Littio Ditches Ethereum for Avalanche as Demand for RWA Vaults Grows
Avalanche's low transaction fees and consistency were cited as reasons for picking that chain.
The Shopification of Wealth
Just as Shopify democratized e-commerce, enabling millions to open online stores, on-chain rails are poised to lower the barriers to entry in the financial advisory business, says Miguel Kudry.
For Millennials, Bitcoin Is the New Real Estate
Bitcoin represents a new frontier for wealth accumulation among younger generations. Instead of pursuing increasingly expensive real estate, younger investors might consider allocating funds to bitcoin, says Cyrus Ip, head of content, Bybit.
State Street Works on Tokenized Bond and Money Market Fund; No 'Current Plans' for Stablecoin Project
Tokenized collateral could have helped avoid or lessen the 2022 "liability-driven" crisis, Donna Milrod, chief product officer said in the interview with Financial News.
CoinDesk 20 Performance Update: APT Drops 2.4%, Leading Index Lower
Chainlink also underperformed, falling 2.1%.
India's Crypto Discussion Paper on Hold Due to Other Priorities
India's planned discussion paper outlining its policy stance on cryptocurrencies has been held up due to other priorities, two people familiar with the matter told CoinDesk.
VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund
Global investment management firm VanEck is expanding its venture capital presence with the launch of a new fund focused on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages, it announced Wednesday.
First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.