Prime Trust Is Having a Bad Month
Prime Trust may be taken over by the state of Nevada, and the situation seems alarming.
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6 Factors Advisors Should Consider Before Using an SMA for Digital Assets
Separately Managed Accounts (SMAs) are a good way for FAs to manage digital assets, but advisors should fully understand the trade-offs.
Coinbase's Base Prepares for Mainnet Launch With Slew of Security Audits
The layer 2 blockchain pioneered by Nasdaq-listed crypto exchange Coinbase has detailed the security testing taken ahead of its public launch later this year.
CME Group Announces Plans to Launch ETH to BTC Ratio Futures
Derivatives exchange CME Group plans to launch ether/bitcoin (ETH/BTC) ratio futures on July 31, if approved by regulators, the company announced Thursday.
Fidelity Refiles for Spot Bitcoin ETF
Asset manager Fidelity filed paperwork TK WHEN with the Securities and Exchange Commission (SEC) for a spot bitcoin exchange-traded fund (ETF) which will be traded under the name TK.
Canadian ETF Issuer 3iQ to Work With Coinbase to Offer ETH Staking in Its Funds
Toronto-based digital asset manager 3iQ will start offering ether (ETH) staking in its Ether Fund and Ether ETF, making it the first ETF issuer in North America to allow for this investment strategy, the company announced Wednesday. The feature…
Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela
The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said.
Polygon 2.0 Roadmap Calls for ‘Unified Liquidity,’ Restaking, New Chains on Demand
The new Ethereum scaling solution’s architecture will include a shared bridge and a “coordination layer” that connects all of Polygon’s chains, including an emphasis on zero-knowledge technology that has become one of this year’s hottest blockch
Julius Baer Eyes Expansion to Dubai for Crypto Services: Bloomberg
The expansion would be the private bank's first for its crypto offering beyond its native Switzerland, where it has provided digital asset services since the start of 2020.
Gary Vaynerchuk-Backed Candy Digital and Web3 Production Company Palm NFT Studio Announce Merger
Working together under the Candy Digital name, the two startups will bring their digital experiences within sports, entertainment, arts and culture across major brands including MLB, NASCAR, Netflix and more.
Decentralized Exchange PancakeSwap Goes Live on Polygon zkEVM Blockchain
This will be the popular DEX’s fourth blockchain after Ethereum, Aptos and BNB Chain.
UK Crypto, Stablecoin Rules Receive Royal Assent, Passing Into Law
The Financial Services and Markets Act 2023 classifies crypto as a regulated financial activity.
Canadian Lawmakers Call for National Blockchain, Crypto Strategy
The government should recognize blockchain as an emerging industry with "significant" long-term economic and job creation opportunities, a lawmaker committee on industry and tech said.
Developer Six Clovers Rolls Out Cross-Border Crypto Payments on Sui
Versal Network will allow companies to transact in stablecoins and central bank digital currencies.
First Mover Americas: Coinbase Responds to the SEC’s Lawsuit
The latest price moves in bitcoin (BTC) and crypto markets in context for June 29, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Slovakian Crypto Tax-Cutting Bill Passes National Parliament
Lawmakers wanted to see a 7% rate for crypto held longer than a year
Tokenization Is Likely to Transform Infrastructure and Financial Markets: Bank of America
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.
New deBridge Feature Lets Solana Users Easily Access Any Ethereum-Based Blockchain
The firm today launched a tool to allow for limitless information and liquidity transfers between Solana and EVM-based blockchains.
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.
COMP Token Rises by 50% in 4 Days Amid Flurry of Whale Activity on Binance
The native token of decentralized finance protocol Compound (COMP) has surged by more than 50% in four days following a spike of volume and outflows on Binance.
Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
Binance said it is continuing to comply with BaFin requirements in "a detailed and ongoing process."
ECB to Start Wholesale CBDC Settlement Trials in 2024
The central bank wants to see innovative interventions in financial markets – but under existing rules.
FTX Customers Have Until End-September to Submit Bankruptcy Claims
Former customers will receive an email containing a link to the Customer Claims Portal.
Sam Altman's Worldcoin Integrates With Identity Management Software Okta as It Pushes Into Germany
World ID, which uses biometric data to verify users, helps apps distinguish between bots whilst being more private than alternatives like Google sign-in.
SEC Has No Jurisdiction Over Cryptos on Coinbase's Platform, Exchange Claims in Response to Regulator's Lawsuit
U.S. crypto exchange Coinbase claimed that digital assets listed on its platform fall outside the U.S. Securities and Exchange Commission's (SEC) purview in its first legal response to the regulator's lawsuit. The SEC sued Coinbase at the beginning…
First Mover Asia: Bitcoin Retreats, Quickly Regains $30K Perch as Investors Mull ETF Timing, Inflation
ALSO: Fast-paced, entrepreneurial Seoul ranked fourth globally in CoinDesk's crypto hub series. Korea's digital asset friendly, regulatory environment and a vibrant retail community have helped enabled the industry's rising prominence in the city.
Azuki ‘Elementals’ Mint Mishap Highlights the Fragile State of the NFT Market
From questionable mint mechanics to recycled artwork, Azuki’s latest NFT mint shows that even blue-chip projects are struggling to grow during a challenging bear market.
Binance EUR Banking Partner to Halt Support of the Crypto Exchange in September
The exchange recently announced a retreat from the U.K., Netherlands and Cyprus.