Coinbase launches crypto lending platform for US institutions
Coinbase’s new institutional lending service has the same operating entity as Coinbase Borrow, which halted the issuance of new loans in May.
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Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors
The New York South District court revoked former FTX CEO Sam Bankman-Fried’s bail on Aug. 11 after an appeal from the prosecution in July citing multiple instances of violation of bail conditions.
CBDCs will gradually displace private banks, says Russian lawmaker
Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
DYdX to launch decentralized order book exchange on Cosmos: KBW 2023
DYdX Foundation CEO Charles d’Haussy said that the exchange is taking a “new step forward” by decentralizing the order book.
India G20 confirms ‘active discussions’ around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that G20 members are working toward establishing a global crypto framework.
New $20M fund eyes blockchain gaming and NFTs
Web3 venture capitalists will look to invest in blockchain gaming and collectibles projects through a new $20 million fund.
Marathon's Bitcoin mining rate fell 9% in August
The company still mined five times more Bitcoin than in August 2022, reporting that it produced 1,072 Bitcoin last month, and said the decrease from July was caused by unfavourable weather conditions.
How to handle crypto trading gains and losses on your balance sheet
Cryptocurrency taxation and reporting transactions on your balance sheet differ. Here’s how to treat cryptocurrency on your balance sheet.
Justin Bieber hit track becomes NFT for royalty-sharing
Justin Bieber’s hit song from 2015 “Company” has been turned into an NFT by anotherblock from which fans could earn royalties from future streams of the track.
DApp store for your wallet: Consensys readying cross-chain Metamask Snaps
The upcoming MetaMask Snaps will allow users to interact with different blockchains, like Bitcoin and Solana, from inside their MetaMask wallet.
AI to reinvent DAOs while tokenized models will become valuable: VC firm
Framework Ventures co-founder Vance Spencer sees AI as being the missing piece for DAOs and shared his outlook for the tokenization of AI models.
Grayscale asks SEC to meet on 'way forward' for Bitcoin ETF conversion
“We believe the Trust’s nearly one million investors deserve this fair playing field as quickly as possible,” Grayscale's lawyers wrote to the regulator.
Colombian Bitcoiner aims to orange-pill coffee lovers one bean at a time
The CEO of Lightning Koffee launched the coffee startup in October with the aim of onboarding Medellín's businesses to Bitcoin.
AI-coded smart contracts may be flawed, could ‘fail miserably’ when attacked: CertiK
CertiK’s security chief thinks inexperienced programmers using AI tools such as ChatGPT to write smart contracts is a recipe for disaster.
Crypto market ‘dramatically underestimates’ bullishness of spot Bitcoin ETFs
“It’s reckless not to aggressively accumulate BTC at current levels,” K33 senior analyst Velte Lund said in a recent report.
Coinbase layer-2 network Base suffers first major outage since launch
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix.
US-based Genesis Global Trading will eliminate its crypto spot trading service
The company, an affiliate of Barry Silbert’s Digital Currency Group, has been providing crypto spot trading since 2013. Its closure is “for business reasons.”
Report suggests 6 billionaire crypto traders earned their fortunes from Bitcoin
The firm behind the “Crypto Wealth Report” said it received a spike in the number of crypto-related inquiries by millionaires in the last six months.
Ether price risks losing the $1.6K support as multiple ETH price metrics decline
A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support.
Oxford scientists develop GPU-accelerated limit order book sim to teach AI how to trade
The first-of-its-kind architecture gives up to a 7x speedup over traditional training methods.
Bitcoin range trades as volatility subsides. Will TON, LINK, MKR and XTZ follow?
Bitcoin’s failed breakout to the upside hints that range-bound price action could be set to continue. Meanwhile, TON, LINK, MKR and XTZ begin to perk up.
Regulated Liability Network identifies proof-of-concept case with digital pound
The RLN, which places tokenized assets and liabilities on the same ledger, was tested with simulated cross-border CBDC transactions in a previous project.
MetaMask launches feature to sell ETH for fiat
The sell feature on MetaMask Portfolio came roughly five months after the wallet allowed users to purchase crypto using fiat from bank accounts, PayPal, and debit and credit cards.
Computer science experts say US should create new fed agency for AI: Survey
According to the 215 computer science professors surveyed, AI might not be as big of a displacer as the C-suite claims.
Bitcoin price metric copies move that last came before -25% FTX crash
Bitcoin SLRV Ratio data performs a moving average crossover absent since before the FTX implosion hit the market.
USD Coin officially expands to Base and Optimism networks
Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.
80 Chinese crypto influencer accounts shut down in latest crackdown
The accounts had over 8 million in combined followers before they were removed.
Coinbase to upsize debt repurchase by $30M
A total of $180 million 2031 Senior Notes will be repurchased by the exchange.
Visa taps into Solana to widen USDC payment capability
The global payments firm has expanded its stablecoin settlement capability to include USDC tokens issued on the Solana blockchain.
El Salvador to introduce Bitcoin education in schools by 2024
The nonprofit and NGO Mi Primer Bitcoin partnered with the Ministry of Education of El Salvador to include Bitcoin in its curriculum.