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Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Starkware to Open-Source ‘Magic Wand’ of Its Zero-Knowledge Cryptography Next Week
The team behind the layer 2 Starknet blockchain said that they will also hold a code review on Aug. 31 at a conference in San Francisco.
FedNow Is a Reminder That Payments Aren’t Crypto’s Differentiator
Existing payments systems are hard to beat, but there may be niches where blockchain companies can play, says EY's Paul Brody.
Sam Bankman-Fried Pleads Not Guilty to Latest Indictment
FTX founder Sam Bankman-Fried appeared in court Tuesday to be arraigned after the latest indictment accused him of using customer funds for everything from buying personal real estate to political donations.
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month.
First Mover Americas: Coinbase Acquires Stake in Circle
The latest price moves in bitcoin (BTC) and crypto markets in context for August 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Maple Finance Eyes Asian Expansion With $5M Investment, Returns to Solana
The protocol’s focus on growth in Asia Pacific showcases the region’s increasing importance in the crypto industry.
Crypto’s ‘Illusory Appeal’ Should Be Met by Regulation, Not Bans, BIS Study Says
Bitcoin ETFs could boost adoption because digital assets offer an escape route for state-imposed capital controls, a grouping of central bankers from the Americas said.
XRP, ADA Post Highest Losses Among Majors; Bitcoin Steady as 'Buy the Dip' Mentions Fade
Bitcoin and ether held steady over the past 24 hours, data from CoinGecko shows, with few fundamental catalysts to lift markets.
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.
Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll
The number of employees losing their jobs is 71 out of some 590.
Thailand Warns Meta to Rein In Crypto Scams or Face Expulsion
A Thai lawmaker is seeking a court order to shut down Facebook in the country by the end of the month, accusing the platform of supporting fraudulent investment schemes.
Shiba Inu Plans Shibarium's Public Restart Days After Botched Launch
Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand.
Bitcoin Looks Most Oversold Since Covid Crash, Key Indicator Suggests
Bitcoin's relative strength index has dropped well below 30 to its strongest oversold reading since March 2020.
Prosecutors, Sam Bankman-Fried File Proposed Jury Instructions for Trial
The U.S. Department of Justice filed its proposed set of jury instructions for Sam Bankman-Fried's October trial a day before he is set to be arraigned on a new superseding indictment.
Bitcoin Developers Push Back Against Craig Wright’s Claim to Billions of Dollars in Bitcoin
A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing…
Sam Bankman-Fried Due Back in Court as He Asks for Daily Releases
Sam Bankman-Fried will have five and a half hours with his attorneys, minus any time spent being arraigned yet again Tuesday on his latest indictment, which folded campaign finance allegations into existing charges.
Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains
The Centre Consortium, jointly managed by Circle and Coinbase, is being shut down and Circle is bringing issuance and governance of the USDC stablecoin in-house.
Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?
Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
Bitcoin Bulls Mull the Meaning of New Fed Messaging on Inflation and Interest Rates
Instruments tied to interest rates compete with Bitcoin for investor dollars.
Social Platform Friend.tech Gains 100K Users in Days Even in Depths of a Bear Market
The growth correlates with the more than $25 million in revenue generated by the platform since its Aug. 10 launch.
Terra Website Compromised; Developers Warn Against Phishing Scam
Layer 1 blockchain Terra was targeted by a phishing attack over the weekend with the official website being compromised by hackers.
BNB Chain Exploiter Liquidated for $30M on Venus Protocol
This is the second major liquidation in under a week and potentially safeguards bnb prices from crashing suddenly.
First Mover Americas: Bitcoin Trades Flat; Vitalik Transfers $1M Ether to Coinbase
The latest price moves in bitcoin (BTC) and crypto markets in context for August 21, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Analysts Split on Why Ether Outperformed Bitcoin During Last Week's Slide
The ether-bitcoin ratio rose more than 2% past week in a gain that's inconsistent with its record of taking losses during bouts of risk aversion.
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said.
Ethereum Co-Founder Vitalik Buterin Sends $1M ETH to Coinbase
Vitalik Buterin transferred over $1 million worth of ether to crypto exchange Coinbase on Monday.
Crypto Exchange Bitget to Tighten ID Requirements as Regulators Cite Fraud Concerns
Existing customers have until Oct. 1 to complete the process, after which time they will only be able to withdraw, cancel orders or close trading positions.