Another Class Lawsuit Claims Bitfinex, Tether Manipulated Bitcoin Market

news Fidelity Digital Asset Services (FDAS) is “now engaged in a full rollout” of its custody and trading services, expanding from the limited trial users in the platform’s final test stage, according to a Financial Times interview. A spokesperson said Monday that FDAS’  license application with New York State is still pending while more clients are being added…

Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Aoyon Ashraf is managing editor with more than a decade of experience in covering equity marketsFeatured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future…

Stablecoins such as tether (USDT), now a significant investor in the $1.1 trillion commercial paper market, could introduce new risks into short-term securities markets, warned global ratings agency Fitch Ratings.At the current rate of growth, stablecoin issuers’ holdings of short-term debt instruments such as commercial paper – a commonly used type of unsecured debt issued…

Tokens based on the Bitcoin blockchain are emerging as the newest play among market participants after weeks of a bitcoin (BTC) price frenzy driven by expectations of an exchange-traded fund approval.The BRC-20 category of tokens has added some 21% as a sector in the past 24 hours. Infrastructure token trac (TRAC) rose 93% to lead

Mobile wallet image via ArgentParadigm Leads $12M Round for DeFi-Friendly Wallet StartupIt’s about to be easier than ever to take risky bets using ethereum-based financial products, thanks to the crypto wallet startup Argent. Paradigm, spearheaded by Coinbase co-founder Fred Ehrsam, just led Argent’s $12 million Series A, along with Compound founder Robert Leshner and Index Ventures.…

Sep 10, 2020 at 16:00 UTCBitcoin News Roundup for Sept. 10, 2020With bitcoin lawsuits in the news and SushiSwap’s migration completed, CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored by Crypto.com, Bitstamp and Nexo.io. Today’s stories: Some…

PayPal (PYPL) received a subpoena from the U.S. Securities and Exchange Commission (SEC) requesting documentation about its USD stablecoin, the global payments giant said in a filing, without providing more details.The firm announced it was entering the market with a U.S. dollar-pegged stablecoin, PayPal USD, in August."On November 1, 2023, we received a subpoena from

Feb 26, 2020 at 11:54 UTCUpdated Feb 26, 2020 at 11:59 UTCSIM card: Credit: ShutterstockCrypto Investor’s Case Against AT&T Over $24M SIM Hack Can Proceed, Judge RulesCryptocurrency investor Michael Terpin can move forward with his case against mobile operator AT&T over his claims the firm was in part responsible for a SIM-swap hack that robbed…

The startup will use the funds to build a DAO governance structure."Portal," detail, by Max Osiris((Rarible))Feb 3, 2021 at 2:00 p.m. UTCUpdated Feb 3, 2021 at 2:16 p.m. UTCNFT Marketplace Rarible Closes $1.75M Seed Raise From 1kx, Coinbase VenturesNon-fungible token (NFT) marketplace Rarible is building a “Uniswap for NFTs,” and has fresh dough to get…