Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX

Babylon offers bitcoin as a staking asset, allowing proof-of-stake chains to acquire funding from the deep reserves stored in BTC.The latest funding round follows an $18 million raise in December.Bitcoin project Babylon has raised $70 million in funding to advance its plans to build staking on the world's largest blockchain.The funding round was led by

Jul 31, 2020 at 12:50 UTCUpdated Jul 31, 2020 at 13:00 UTCEthereum art (CoinDesk archives)Ethereum 2.0: Closer Than Ever, Still Plenty of Work to Do“Though now evolved in many ways,” Gavin Wood wrote in Ethereum’s 2015 yellow paper, “the key functionality of a blockchain with a Turing-complete language and an effectively unlimited inter-transaction storage capability…

Long-standing and generally accepted financial theory shows that diversification is not only good, but improves expected returns per unit of risk.Unfortunately, the crypto space currently seems to be overlooking this principle.A timely post from the quantitative asset management firm AQR provides a direct "TradFi" equivalent to the problem of under-diversification. In the post, AQR co-founder

The U.S. Commodity Futures Trading Commission took a step toward requiring derivatives clearing organizations, a key type of intermediary in the industry, to keep their customers' money segregated from their own funds.The CFTC's move is at least partially inspired by FTX's collapse last year, designed to prevent derivatives firms from meddling with money belonging to

International crime fighting agency Interpol has taken action to stem a plague of cryptocurrency mining malware afflicting computer routers across Asia.According to a Wednesday blog post from TrendMicro, which assisted the operation, Interpol's Global Complex for Innovation (IGCI) in Singapore led a five month effort to tackle the epidemic of the Coinhive cryptojacker which was…

Bitcoin looks to have fought off recent bear attacks that saw prices landing just above the yearly low of $5,755.

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesA U.S. federal judge has rejected the U.S. Securities and Exchange Commission’s (SEC) bid to appeal its ground-shaking loss against Ripple, the crypto company associated with

$14.5 billion in bitcoin options have traded on Deribit in the first two weeks of 2021. Deribit bitcoin options daily volume since Jan. 2020Jan 12, 2021 at 5:07 p.m. UTCBitcoin Options Volume on Deribit Already 25% of 2020 TotalDeribit traders have already recorded 25% of last year’s entire bitcoin options volume. After a record-setting $2…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…