[Aug 12 12:15 PM] Decentralized finance (DeFi) hacks remain a major threat to the industry despite a reduction in the amount stolen in 2023, according to blockchain security firm Halborn.
[Aug 12 12:03 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 12 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 12 11:20 AM] American Binance executive Tigran Gambaryan, who is detained in Nigeria, is being "denied adequate access to his legal team and his health is deteriorating rapidly," his family said in an emailed statement.
[Aug 12 11:20 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot…
[Aug 12 8:48 AM] Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday.
[Aug 12 7:35 AM] Layer-1 blockchain Canto has been offline since Saturday following a "consensus issue." The CANTO token initially dropped by 21% before recovering over the course of the weekend.
[Aug 12 5:26 AM] Crypto markets lack a clear anchor and are susceptible to continued position adjustments based on traditional finance markets, one analyst said.
[Aug 12 4:30 AM] Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power.
[Aug 11 8:10 PM] According to data from cryptoquant.com, bitcoin reserves on centralized exchanges have plummeted to a level not seen since Nov. 19, 2018. The amount of bitcoin held by these digital trading platforms has been steadily declining since early June…
[Aug 10 9:30 PM] The Superintendence of Banking and Insurance (SBS) of Peru, has issued a resolution that forces VASPs to implement Know Your Customer (KYC) and anti-money laundering (AML) measures as part of a compliance plan. The resolution is in line with FATF…
[Aug 10 3:30 PM] In recent days, as bitcoin edged past the $60,000 mark after dipping below $50,000 on Monday, Aug. 5, a couple of intriguing dormant bitcoin transfers have surfaced from wallets established in 2013. The first case involved an individual who moved…
[Aug 9 6:26 PM] Ripple Labs has initiated beta testing for ripple usd (RLUSD), a stablecoin pegged to the U.S. dollar, on both the XRP Ledger and Ethereum mainnets. The stablecoin is currently not available for public trading as it awaits regulatory approval…
[Aug 9 6:17 PM] The U.S. Internal Revenue Service (IRS) has released an updated draft version of the tax form crypto brokers and investors will use to report proceeds from certain transactions, the 1099-DA.
[Aug 9 4:02 PM] The City of Santa Monica's Bitcoin Office has announced a one-day Bitcoin open-source festival scheduled for October 18th, with the date subject to change. The event, held in partnership with the Proof of Workforce Foundation, aims to provide…
[Aug 9 12:06 PM] The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
[Aug 9 9:55 AM] Bitcoin spot ETFs recorded their largest inflows in over two weeks on Thursday, totalling $192.5 million. This comes after Bitcoin dipped below $50,000 earlier this week amid a global market selloff.NEW: #Bitcoin ETFs saw $192 million in…
[Aug 9 5:49 AM] “Regardless of the next 60 days, the bull market will continue along traditional four-year cycle lines with solid gains in October and November,” one trader said.
[Aug 9 4:57 AM] Coinbase argues the definition is vague, and urges the CFTC to make determinations on a contract-by-contract basis rather than broad categorization
[Aug 8 9:30 PM] The U.S. Federal Reserve Board has found “significant deficiencies” in Customers Bancorp, Inc.’s management of risk and adherence to anti-money laundering (AML) regulations. These issues, particularly troubling for the bank known…
[Aug 8 7:55 PM] OneMedNet (ONMD) late last month raised $4.6 million in a private placement and used $1.8 million of the proceeds to purchase bitcoin, according to a press release. Among the investors was Off The Chain Capital, a crypto investment fund.
[Aug 8 7:13 PM] ₿trust, a non-profit focused on training and funding developers from The Global South for Bitcoin open-source development, recently announced Bitcoin Core contributor and one of its board members, Abubakar Nur Khalil, as Interim CEO.1/ Exciting…
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