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…
Category: ICO
Luno, Zignaly Among First Crypto Firms to Receive South Africa License
“This is a positive step for both the cryptocurrency industry and South Africans. Compliance, safety and security for our customers have driven our growth since the beginning and will continue to be priorities as we expand our offering to introduce more features and products for financial institutions,” Christo de Wit, Luno’s country manager for South Africa, said in the statement. Source
Stablecoins Are Beneficial to U.S. Economy, Cantor Fitzgerald CEO Howard Lutnick Says
Cantor Fitzgerald is a custodian for Tether Holdings, the issuer of the world’s largest stablecoin, tether (USDT). As of writing, USDT boasted a market cap of $107 billion, while second-ranked Circle’s USDC had a market value of $32.25 billion, according to CoinGecko. Source
Bitcoin (BTC) Continues to Outperform Nvidia (NVDA) as BTC RSI Hits Highest Level Since 2021
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…
Bitcoin is Pricing in Two Fed Rate Cuts For 2024, Trader Says
Bitcoin is stable as Asia begins its trading day, but crypto quant shop sees risk assets pricing in two, not three rate cuts. Source
MarginFi Leader Edgar Pavlovsky Exits on Fiery Day for Major Solana Lender
“The stale Oracle issues currently impact withdrawals, not deposits, I think, so it’s leading to some accusations from users who feel that MarginFi is just taking their deposits and not letting them withdraw,” the builder of popular liquid staking service SolBlaze told CoinDesk in a Telegram message. Source
Bitcoin (BTC) Price Rebounds to $70K Shrugging Off Hot U.S. Inflation Print
The dip echoed through multiple asset classes, but bitcoin gradually erased all its losses, and was up over 1% over the past 24 hours, outperforming U.S. equities and gold, both of which finished with sizable declines for the day. At press time, bitcoin had slipped a bit from the $70,000 level, trading at $69,800. Source
Steven Nerayoff Intends to Sue U.S. Government for $9.6B Over Dropped Extortion Charges
The government denied the majority of Nerayoff’s claims in a filing of its own, including the assertion that Nerayoff’s colleague and former co-defendant on the extortion charges, Michael Hlady, was a government informant. Nerayoff’s lawyers maintain that Hlady, who was convicted of swindling Catholic nuns out of nearly $400,000 in 2010, was “insinuated … into [his] orbit” by the FBI, in order to help them build a case against Nerayoff. Source
DeFi Exchange Uniswap (UNI) Receives Enforcement Notice from the U.S. SEC
Wells notices are preliminary warnings that inform respondents of the charges the regulator is considering bringing against them. They usually lead to enforcement actions. Though Adams did not say exactly what the SEC has accused Uniswap of doing in his X post, Wells notices sent to crypto companies have, historically, alleged the unregistered offer and sale of securities. Source
NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap
The layer-1 says it believes it is uniquely positioned to make AI open source, given its not-for-profit and decentralized nature. The company also said the growth of revenue incentives will always take over at for-profit companies, whereas at NEAR, its token economy will create value in an open, permissionless ecosystem. Source