Day: July 24, 2024

Bitstamp to distribute Mt. Gox Bitcoin by July 25

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Following Kraken’s Mt. Gox distribution, Bitstamp has announced readiness to reimburse creditors of the defunct Bitcoin exchange.  Crypto exchange Bitstamp confirmed receiving Bitcoin (BTC), Bitcoin Cash (BCH), and Ethereum (ETH) from the Mt. Gox Truste intended to make hack victims whole again. Bitstamp reportedly informed users that disbursements could start on Thursday, July 25. The platform said a separate distribution plan exists for  U.K. residents, although the amount sent by Mt. Gox was undisclosed.  For UK residents, there will be a separate distribution plan. Rest assured, we’ll keep you updated on…

Coinbase Asset Management Plans Tokenized Money-Market Fund, a Hot Area After BlackRock’s BUIDL Success: Sources

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Proton launches self-custodial Bitcoin wallet

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Proton, a privacy-focused company behind solutions like the Proton Mail and Proton VPN, has launched a self-custody crypto wallet. The Swiss-based firm announced that the new ‘Proton Wallet’ will initially support only Bitcoin (BTC). As a self-custody wallet, Proton Wallet gives users full control over private Bitcoin keys. The company said it will add support for other crypto assets in due course. “While we may seek to add fiat currency capabilities in the future, this requires a Swiss banking license and is, therefore, not possible today,” Proton founder and CEO…

Solana Hits $170, Bullish Channel Formation Indicates Possible Rally

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The cryptocurrency market has witnessed significant fluctuation, with Solana (SOL) experiencing a notable retracement to $170.27, creating a bullish channel in the process. This recent market behavior happens after a period of a potential rally that has previously pushed the price of SOL above the $170.27 level.  As the price of this digital asset continues to trend within the channel, the question remains whether bulls will regain control and push the price above the bullish channel or will the bears maintain their dominance and drive the price below it. In…

Polymarket partners with MoonPay on bank, credit card funding  

MoonPay’s integration with Polymarket allows bettors to wager funds from non-crypto vendors.    Polymarket, a popular crypto betting site, is upgrading its platform to handle the surge in wagers driven by recent online hype and the tumultuous U.S. presidential election.  In partnership with Miami-based MoonPay, Polymarket will soon enable users to pay for bets via bank transfers and credit cards, simplifying the current process of purchasing stablecoin USDC on a crypto exchange. BREAKING: Moonpay partners with Polymarket to enable credit card payments for the leading prediction market This partnership will also…

US Bitcoin ETFs See $78M Outflow, Breaking 12-Day Inflow Streak

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U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn on Tuesday, with $77.97 million exiting, breaking a streak of 12 consecutive days of inflows. In contrast, the newly launched spot ether ETF counterparts performed better. 3 Bitcoin ETFs Record Outflows as Blackrock’s IBIT Gains $71M Following 12 consecutive days of inflows and a record influx […] Original