Proof of funds technology seeks to replace exchanges’ reserves reports
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand.
Crypto Exchange Kraken Signs Sleeve Sponsorship Deal With Premier League Club Spurs
Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England's Premier League and Spain's La Liga.
Kraken and Tottenham Hotspur score big in crypto partnership
Kraken is now Tottenham Hotspur’s first official crypto and Web3 partner, with the goal of boosting fan engagement and increasing awareness about cryptocurrency.
Judge Refers Craig Wright for Criminal Prosecution in Bitcoin Case
Craig Wright has been referred for criminal investigation in Britain for alleged perjury. Wright claimed to have authored the foundational 2008 Bitcoin white paper under the pseudonym “Satoshi Nakamoto.” He pursued litigation globally…
First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC
The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum (ETH) is up in the last 24 hours. This is thanks to a recent development suggesting that the Spot Ethereum ETFs are set to launch anytime soon. These funds are expected to positively impact ETH’s price, with the second-largest crypto…
Cambodian Firm Receives $150K in Crypto From North Korean Hackers
A major payments firm in Cambodia, Huione Pay, received over $150,000 in cryptocurrency from a digital wallet used by the North Korean hacking group Lazarus, according to blockchain data reviewed by Reuters. The crypto was sent to Huione Pay…
Mt Gox Estate Transfers $3B in Bitcoin, $53M in Bitcoin Cash Ahead of Distribution
According to onchain data, at 4:12 a.m. EDT on Tuesday, 48,641 bitcoin worth just over $3 billion were transferred by the Mt Gox estate ahead of the forthcoming distribution. Mt Gox Estate Moves Large Holdings Before Distribution After the price of…
EU Stripe clients now have crypto purchasing power: Report
Stripe has expanded its cryptocurrency integration in the European market, allowing EU clients to purchase cryptocurrencies using their credit or debit cards.
Ark Invest’s Bitcoin Report: Why They Bet Big On BTC’s Recovery
In their latest analysis, Ark Invest’s crypto specialists Julian Falcioni, David Puell, and Dan White, are presenting a review of the Bitcoin market behavior and prospects, delineating the interplay of various economic, technical, and…
The rehabilitation trustee for the now-defunct Mt. Gox exchange moved over $6 billion worth of bitcoin on Tuesday morning as it took further steps toward reimbursing creditors.JUST IN: Mt. Gox moved 95,870 #Bitcoin worth $6 billion to unknown…
Big Filecoin Rally Ahead: Analyst Predicts 4,000% ‘Uphill Run’
Popular analyst Javon Marks projects a significant 44X increase in Filecoin (FIL), therefore transforming the token from its present value of $4.40 to $190. This daring prognosis that he calls an “uphill run” has attracted the interest…
Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to a number of other factors such as the lack of staking, the report said.
Chainalysis Chief Economist Joins Tether Amidst Ongoing Class Action Lawsuit
Amidst a legal challenge, Tether, the USDT stablecoin issuer, has made a strategic appointment. The Chief Economist of crypto surveillance company Chainalysis, Philip Gradwell, has been brought on board as Tether’s Head of Economics. This…
Whale Makes $8 Million With Trump-Inspired Memecoin As PolitiFi Tokens Soar
The Trump-inspired tokens surged around 40% following Donald Trump’s assassination attempt. As a result, PolitiFi tokens closed the week, outperforming most categories in the industry. The remarkable performance earned some crypto whales millions…
Tokyo-Based Metaplanet Adds Almost 22 More Bitcoin to Its Treasury
Metaplanet, a Tokyo-based public company, has revealed that it has acquired more bitcoin for its treasury holdings. According to disclosure statements, Metaplanet acquired 21.877 bitcoin, spending about $1.26 million (200 million Japanese yen) for…
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