Bitcoin ‘debasement trade’ is here to stay: JPMorgan

Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed. 104 Total views 1 Total shares United States prosecutors have put forward their proposed instructions to the jury ahead of the October trial for FTX co-founder Sam Bankman-Fried.The lengthy 100-page Aug. 21 filing…

The wallet provided by cryptocurrency exchange Huobi will support Tezos (XTZ) native tokens and baking, the wallets official Twitter account announced on July 31.Huobi Wallet to support TezosIn the aforementioned tweet, Huobi Wallet announced that it will support the Tezos native token and its Proof of Stake (PoS) staking counterpart — baking — in the…

Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions. 144 Total views 15 Total shares Ripple, the company whose executives have often criticized the United States’ seeming lack of regulatory clarity on the cryptocurrency industry, has outlined its own “pragmatic” framework.In a Tuesday post…

Stablecoin projects have been thrust into the limelight over the past month as the popularity of algorithmic stablecoins and the collapse of the Terra project put a spotlight on the important role dollar-pegged assets play in the crypto market.In response to the void left by UST, multiple protocols have released new stablecoin projects in an…

Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. 3209 Total views 18 Total shares Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance.The telecom giant has made a “significant purchase” of Celo’s native…

Nomad announced that it’s offering up to a 10% bounty to return funds stolen from the recent hack on the Nomad bridge on Aug. 2. 190 Total views 4 Total shares Nomad announced a bounty of up to 10% for the return of the stolen funds from the Nomad bridge. In a website announcement and…

The Pantera boss cited three primary reasons why crypto markets dumped a trillion dollars in market cap. 515 Total views 5 Total shares The chief executive of Pantera Capital, Dan Morehead, is confident that the big crypto selloff is slowing because he thinks “we’ve seen the most of this panic”.In the monthly newsletter published on…

Crypto investment bank Galaxy Digital had a net loss of $272.7 million in 2018, the company announced in a news release on April 29.According to The Block, CEO Michael Novogratz said the final quarter of the year for the crypto industry “felt a little bit like watching Game of Thrones last night” — alluding to…

Craig Wright has been ordered to appear personally at mediation to address allegations that he stole 1.1 million bitcoin (BTC) from Dave Kleiman, court documents filed on June 10 show.The Australian entrepreneur had requested permission to appear by videoconference, arguing that physically attending the courtroom would have caused him “unjustifiable hardship.”However, his motion was opposed…