In New Court Filing, Craig Wright Claims to Receive Keys to $9.6B Bitcoin Fortune

Craig Wright, bitcoin’s self-declared creator, says the much anticipated “bonded courier” has arrived.  According to a court filing to the U.S. District Court of Southern Florida dated Jan. 14, a third party has “provided the necessary information and key slice to unlock the encrypted file,” seemingly referencing the “mysterious,” unnamed intermediary with the private keys necessary to unlock the $9.6 billion bitcoin trove.  This so-called bonded courier was originally due to arrive Jan. 1, though Wright did not confirm or deny whether this transpired. Wright requested an extension for the…

Mati Greenspan on the Technical and Macro Roots of Bitcoin’s Price Surge

Bitcoin is up more than 8 percent in the last 24 hours. BSV, meanwhile, is up nearly a whopping 100 percent. The question is, of course, why? Is it some larger macro context? A pump-and-dump? Or just the crypto markets being as crazy as they are. The Breakdown invited guest Mati Greenspan, former eToro analyst and now founder of Quantum Economics, to give his take.  We also look at two stories around the growing crypto derivatives markets: the launch of the CME’s options on bitcoin futures and CFTC Chair Heath…

More Than Half of Financial Advisors Want Better Regulation Before Investing in Crypto

More than half of financial advisors in the U.S. are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found. The annual survey, released Tuesday, asked 415 advisors a range of questions on their crypto sentiments, including where they think the market is going, how their clients approach crypto, and what it would take for them to invest more in the space. Bitwise found that advisors are increasingly bullish on bitcoin’s future but hesitant to invest in it – for…

MARKETS DAILY: Crypto News Roundup for Jan. 14, 2020

Whether you’re a first-time listener or you’ve heard every episode, we’d like to know what you think about the show. What do you like? What don’t you like? What do you think we’ve totally missed but should be talking about every day or at least every week? Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and…

Binance to Launch Korean Support Center Following Investment in Local Startup

Cryptocurrency exchange Binance has made its first direct investment in a South Korean startup. According to an exclusive report by CoinDesk Korea, Binance has taken a 500 million won ($432,000) stake in BxB, a Korean fintech firm that launched a Korean won stablecoin last year. Alongside the investment, the two firms have inked an agreement that will see BxB support Binance in operating a new support center for local users of Binance.com, the exchange’s international platform. The investment was made, not through the exchange’s incubator arm Binance Labs, but directly…

Paxos’ Tokenized Gold Futures Are Now Trading on FTX Exchange

For the first time, investors can trade gold-backed futures contracts on a leading crypto derivatives exchange. In addition to its spot market trading, PAX Gold is now available as perpetual and quarterly futures contracts on FTX. Using PAX Gold, a stablecoin backed by gold, FTX will allow traders to buy and sell gold futures contracts via digital assets. A futures contract is an agreement to buy or sell a specified asset at a predetermined price at a specific time in the future. The price of PAX Gold is tied to…