Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens
Cryptocurrency exchange Binance has acquired the open-source and anonymous mobile ethereum wallet Trust Wallet, it was announced Tuesday.
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Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
Metaplanet adopts bitcoin as a reserve asset to hedge against Japan’s debt burden and yen volatility.At over 250%, Japan's debt-to-GDP ratio is the highest among advanced countries, according to the IMF.Tokyo-listed Metaplanet has adopted bitcoin (BTC) as a strategic reserve asset as a hedge against Japan's debt burden and the resulting volatility in the yen."Metaplanet
CFTC Greenlights LedgerX Request to Move Beyond Digital Currency Products
(Piotr Swat/Shutterstock)CFTC Greenlights LedgerX Request to Move Beyond Digital Currency ProductsThe Commodity and Futures Trading Commission (CFTC) said Wednesday it approved LedgerX LLC’s amended registration order, allowing the firm to go beyond offering digital currency-based products. According to the press release posted on the CFTC website, LedgerX is now authorized to offer fully collateralized futures…
Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B
Sep 30, 2020 at 20:19 UTCCoinDesk 20 Bitcoin Price IndexMarket Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11BBitcoin’s price tested $10,800 to close out September while despite some market deflation, investors continue pushing crypto into DeFi.Bitcoin (BTC) trading around $10,701 as of 20:00 UTC (4 p.m. ET). Slipping 0.27% over the previous…
How the DeFi Craze Made Its Way to China
Oct 15, 2020 at 14:01 UTCUpdated Oct 15, 2020 at 14:35 UTCHow the DeFi Craze Made Its Way to ChinaWhen Nervos co-founder Guoning Lü saw a few China-based decentralized finance (DeFi) projects raise millions of dollars in a matter of hours, he knew the DeFi craze had officially reached the East. One project saw its total…
Mike Novogratz’s Galaxy Digital Should be a ‘Core Holding’ for Digital Asset Investors, Stifel Says
Stifel resumed coverage of Galaxy Digital with a buy rating and a price target of C$20.The investment bank says the stock should be a core holding for digital asset investors, highlighting a potential Nasdaq listing as a key catalyst.00:58Central Banks Will Be the 'Last to Join the Party' of Buying Bitcoin, Analyst Says01:12Will Another Region
Dai Lending Rates Rise to One-Month High on DeFi Platform Compound
Apr 20, 2020 at 19:27 UTCUpdated Apr 20, 2020 at 19:28 UTCInterest rates have spiked for deposits of dai, the U.S. dollar-linked stablecoin, on the decentralized finance (DeFi) platform Compound, another ripple effect from the worldwide coronavirus-related market meltdown.The annual percentage rate a user would earn by lending dai on the platform rose above 14…
Former FTX Executive Caroline Ellison’s Sentencing Hearing Set for Sept. 24
Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT. The former executive testified against her boss, Sam Bankman-Fried, during last year's month-long trial, alleging that the FTX founder had directed her to commit fraud and hide FTX and Alameda's true financial situation from lenders. Bankman-Fried
A16z Chooses London as Destination for First Office Outside U.S.
Venture capital giant Andreessen Horowitz (a16z) chose London as the site for its first office outside the U.S., saying the U.K. government is willing to create policies that encourage startups to pursue decentralization.Menlo Park, California-based A16z plans to use the office, which will open later this year and be led by Sriram Krishnan, to invest…