Binance Enters Indian Market With Acquisition of Crypto Exchange WazirX

Members of Congress are trying to delete the controversial U.S. Securities and Exchange Commission accounting bulletin that implies restrictions on companies that want to hold their customer's crypto assets.Sen. Cynthia Lummis (R-Wyo.) and Reps. Wiley Nickel (D-N.C.) and Mike Flood (R-Neb.) introduced matching resolutions in the Senate and House of Representatives on Thursday that would

feature The Takeaway: A partial transcript of an internal meeting at Bitmain on Tuesday details a long-running power struggle that led to the sudden ousting of co-founder Micree Zhan. The conflict between Zhan and fellow co-founder Jihan Wu came to a head in December 2018 as the company pursued a round of layoffs. In Tuesday’s…

Handshake plans to replace the digital entities that authenticate web payments, in the process rewarding those who built the web's infrastructure.

Bitcoin (BTC) and ether (ETH) prices declined in the past 24 hours, despite several ether exchange-traded funds being granted approval to list in the U.S.The ether price, which was up more than 20% in the past week, fell 4% after the approval, which became a "sell the news" event.Traders say they expect a significant influx

news Paul Brody is EY’s global innovation leader for blockchain. The views expressed are his own. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Plunging cryptocurrency values in 2018 and the collapse of the money-for-nothing white paper market in initial coin offerings (ICOs) took much of the focus last year for many…

Oct 11, 2020 at 15:56 UTCUpdated Oct 11, 2020 at 16:40 UTCRipple Executive Chairman Chris Larsen Ripple’s Larsen Says US Risks Losing Stewardship of Global Financial System to China, Dissing SECChris Larsen, Ripple co-founder and chairman of the payments technology company’s board of directors, said China’s “itching” to be the one that designs the next…

London-based HSBC, one of the largest banks in the world, is working with cryptocurrency custody technology firm Fireblocks, according to two people familiar with the matter.Fireblocks specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC) and, even before this partnership, had experience working with big banks. Back in early 2021, Fireblocks became the custody

news Brad Garlinghouse, the CEO of San Francisco blockchain startup Ripple, gave JP Morgan Chase qualified praise Wednesday for creating its own stablecoin, before dismissing the product’s likelihood of adoption by other banks and questioning its usefulness. During a fireside chat at the Chamber of Digital Commerce’s D.C. Blockchain Summit in Washington, Garlinghouse said he thinks it’s…

Bitcoin price volatility continues to drop, with one measure having reached a 15-month low. Weekly volatility, as calculated by the difference between the high and low, fell to $317 last week – the lowest reading since the first week of July 2017 – according to Bitfinex data. More importantly, the leading cryptocurrency witnessed a trading range…