Crypto Prime Broker FPG Loses Up to $20M in Cyber Attack
FPG told customers via email that it had ceased trading, deposits and withdrawals after experiencing a cyber security incident on Sunday, June 11.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
@coindesk_bitcoin_ethereum_crypto_news_and_price_data
News Feed
Posts published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data 296/366
Fed Leaves Policy on Hold, Ending Long String of Rate Hikes
The U.S. central bank signaled it might restart rate hikes in coming months if inflation doesn't continue to recede.
Gary Gensler’s Catch-22 Vision of ‘Regulated’ Crypto Brokers
The SEC-registered trading platform Prometheum pitched the House on Gary Gensler's vision. But skeptical legislators highlighted that the platform won't offer major assets, including Bitcoin.
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
The payments processor also cited crypto market conditions as a reason for the exit.
Ethereum Ecosystem Is Getting Busier, Not Quieter, Amid Layer 2 Shift
Many transactions are getting offloaded onto layer-2 blockchains, and those should be included in any analysis of the Ethereum ecosystem.
A Crypto Lesson From George Soros Amid Binance and Coinbase Accusations
Positioning and expectations explain why the Binance case drove prices down but markets rebounded after Coinbase.
The Graph Starts Migrating its Settlement Layer to Arbitrum from Ethereum
The transition is aimed at reducing barriers of entry for The Graph’s users by decreasing gas costs and speeding up transactions.
‘Distributed Validator Technology’ Marks Last Key Milestone in Ethereum’s Current Era
The technology known as DVT involves splitting a validator's private key across several node operators. The goal is to increase the network's resilience – while also protect the individual validators – by reducing single points of failure.
Blockchain Developer Platform Alchemy Releases AI-Powered Tools for Web3 Builders
AlchemyAI will launch as two new products – an in-app chatbot and a ChatGPT plugin – to help web3 developers access data faster and speed up product development.
Strike Expands Lightning-Powered Cross-Border Payments to Mexico
The company says Mexico is the largest market for remittances from the U.S.
Interoperability Protocol Connext Labs Raises $7.5M at $250M Valuation
Connext said it is "building the HTTP of Web3" to create a communication layer across different blockchain networks.
Binance.US, SEC Ordered to Start Negotiations Wednesday Amid Asset Freeze Tussle
A U.S. federal judge on Tuesday rejected SEC's request to order a freeze on Binance.US' assets – provided the parties could agree on limits.
Binance Seeks to Withdraw Cyprus' Unit Crypto Service Registration
Binance won registration as a crypto asset service provider (CASP) in Cyprus in October last year.
P2P.org’s Ethereum Staking Application Is Now Available on Popular Wallet Provider Safe
The integration makes it easier for crypto users to participate in staking without operating the physical infrastructure.
Bitcoin Price 'Throwback' Suggests Potential for Rally to $37K: Valkyrie Investments
A throwback is a countertrend move where prices reverse direction and move back towards a breakout point, paving the way for a strong rally.
First Mover Americas: Bitcoin Traders Await Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for June 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Miner Crusoe Energy Secures 50 BTC on Newly Launched Liquidity Platform Block Green
Block Green aims to unlock liquidity from institutional investors for miners and incentivize green mining.
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees.
Salesforce Leads $6M Round for AI-Backed Web3 Data Platform Mnemonic
The startup provides actionable non-fungible token (NFT) data for enterprises and developers.
Bitcoin Supply on Exchanges Slides to Three-Year Low
Supply is likely dropping as traders and investors increasingly choose to self custody bitcoin holdings amid regulatory and exchange risks.
Australia's Crypto Industry Body Denounces Recent Banking Restrictions
Blockchain Australia said it wants to tackle the issue "head-on by using real data," after reports that banks in the country were blocking payments to crypto exchanges.
Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'
Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting.
Crypto Industry Destined to Be Bitcoin Focused After SEC Actions: MicroStrategy Founder Michael Saylor
Bitcoin maximalist Michael Saylor has said recent enforcement actions by U.S. regulators have made it clear that the crypto industry is destined to be rationalised down to a bitcoin (BTC)-focused industry.
Bankrupt Crypto Exchange Bittrex U.S. Set to Allow Withdrawals Starting Thursday
The move follows a Tuesday ruling from a Delaware court.
Sam Bankman-Fried Can Contest Extra DOJ Charges, Bahamas Supreme Court Says
The FTX founder pleaded not guilty to fraud in the U.S. after being extradited from the Caribbean country.
Binance CEO Hits Back at Rumors of Exchange Selling Bitcoin for BNB Coin
Crypto traders on Twitter are citing data that suggests bitcoin has been traded to keep BNB afloat.
Prime Trust Unit Banq Files for Bankruptcy
Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner.
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Hong Kong's rules for crypto would mean plenty of restrictions for Coinbase.
SEC Says It May Make a Recommendation on Coinbase Petition Within 4 Months
The U.S. Securities and Exchange Commission (SEC) hasn't made a decision on whether it will respond to Coinbase's petition for rulemaking and its enforcement action against the crypto trading platform isn't inconsistent with any decision on…