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BitGo and Copper Combine Crypto Custody Settlement Networks

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BitGo and Copper Combine Crypto Custody Settlement Networks

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The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp.[/]

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Singapore Police Issue Warning Over WhatsApp Phishing Scam That Saw Actress Aileen Tan Targeted

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Singapore Police Issue Warning Over WhatsApp Phishing Scam That Saw Actress Aileen Tan Targeted

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The leader in news and information on cryptocurrency, digital assets and the future of money, 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 blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

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Bitcoin Price (BTC) Remains Lower After U.S. Employment Miss

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Bitcoin Price (BTC) Remains Lower After U.S. Employment Miss

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The U.S. bond market has quickly turned tail over the past two weeks, moving from panicky selling action to the idea that Federal Reserve rate hikes are over this cycle, making the coast clear to begin adding fixed income to portfolios. After pushing through 5% on Oct. 19, the 10-year Treasury yield had tumbled back to 4.64% prior to this employment news. The two-year Treasury yield has slid a similar amount, yielding 4.97% ahead of the report.

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Bitcoin (BTC) Prices Slide to $34.2K Ahead of U.S. Nonfarm Payrolls Data

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Bitcoin (BTC) Prices Slide to $34.2K Ahead of U.S. Nonfarm Payrolls Data

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, 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 blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

©2023 CoinDesk

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Bitcoin (BTC) Is ‘Exponential Gold’: Fidelity’s Jurrien Timmer

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Bitcoin (BTC) Is ‘Exponential Gold’: Fidelity’s Jurrien Timmer

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A late Wednesday/early Thursday pump higher in bitcoin (BTC) saw the price nearly punch through $36,000 for what would have been the first time since the spring of 2022. The move, however, appeared to trigger a wave of sell orders, with bitcoin now having tumbled almost $1,300 over the past few hours to the current $34,700.

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Jurors Have Begun Deliberating in Sam Bankman-Fried’s Criminal Trial

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Jurors Have Begun Deliberating in Sam Bankman-Fried’s Criminal Trial

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Thursday morning, prosecutors gave their final remarks to the jurors. Promising customers that their “assets are safe” and then taking that money and spending it on yourself and your companies, “is not a ‘reasonable businesses decision,'” Assistant U.S. Attorney Danielle Sassoon said of Bankman-Fried’s behavior – invoking a phrase used by a defense attorney in his closing argument a day earlier. “That is fraud.”

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Solana’s SOL Rally Led by Buyers From Coinbase, Data Shows

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Solana’s SOL Rally Led by Buyers From Coinbase, Data Shows

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In two weeks, the total value of assets locked in Solana-based DeFi protocols has declined from 12.03 million SOL to 10.23 million SOL, the lowest since April 2021, according to DefiLlama. TVL, though an imperfect measure, is widely tracked to gauge the usage of smart contracts.

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Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There's a Catch

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Market Sees 59% Odds Sam Bankman-Fried Is Found Guilty on All Charges – But There's a Catch

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Traders on crypto-powered Polymarket have bet a grand total of $4,512 on the question, underscoring the current limitations of prediction markets.[/]

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SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

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SEC Asks Court for Summary Judgement Against Do Kwon, Terraform

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Terraform and Kwon also engaged in fraudulent conduct and made misleading statements, the SEC reiterated in the filing, re-emphasizing that they committed fraud by deceiving investors about the stability of UST, falsely crediting their algorithm for its price stabilization while secretly arranging third-party intervention, making their claims about the algorithm’s efficiency misleading and materially omitting crucial information. Terra collapsed in May last year, destroying billions of dollars in investor wealth.

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