Bitcoin’s Price Falls Below $6K to Near 2018 Low

Exponential.fi, best known as a crypto risk assessment platform, is launching a new product suite designed to make the world of decentralized finance (DeFi) less daunting for retail traders. The new platform, which has been available to a small number of beta testers for the past year, aims to serve as a one-stop shop for

Good morning. Here’s what’s happening:Prices: Regulatory clarity is required for bitcoin to push past $30,000.Insights: Crypto options traders are betting against price turbulence, and BTC is unlikely to get a bullish catalyst.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders and analysis. And sign up for First Mover, our daily…

Jul 27, 2020 at 11:30 UTCUpdated Jul 27, 2020 at 11:44 UTCFTX to Launch ‘Scalable’ Decentralized Exchange in WeeksEstablished derivatives player FTX is building an alternative exchange for the growing decentralized finance (DeFi) space on top of highly-scalable chain Solana Dubbed Serum, the initiative claims to offer a scalable and liquid decentralized exchange (DEX) for…

New unsealed court documents shed fresh light on what happened with the massive amounts of bitcoin stolen from Mt. Gox, the bitcoin that was hacked spectacularly starting in 2011.The two unsealed indictments offer a rare glimpse into the U.S. law enforcement investigations into two of the oldest bitcoin companies, Mt. Gox and BTC-e.According to the…

Paxos has laid off 65 people as it increases its focus on tokenization.CEO Charles Cascarilla wrote in a company email that the firm is in a "very strong financial position to succeed.”Digital assets company Paxos has laid off 65 people, or 20% of its staff, according to a report from Bloomberg.In an all-hands email obtained

news JPMorgan Chase is to start trials of its “JPM Coin” cryptocurrency in conjunction with corporate clients. According to a report from Bloomberg Japan on Tuesday, Umar Farooq, the investment bank’s head of digital treasury services and blockchain, said that customers would trial the technology with the ultimate aim of speeding up transactions, such as payments…

As extreme weather events continue to increase in frequency as a result of rising temperatures, Web3 stands ready to address one of the biggest issues impacting the global fight against climate change: the climate funding gap.In 2009, delegates at the 15th United Nations Climate Change Conference (COP 15) pledged to reach a target of $100…

Nov 14, 2020 at 10:24 a.m. UTCUpdated Nov 14, 2020 at 10:25 a.m. UTCBitcoin prices for 24 hours, Saturday Nov. 14(CoinDesk BPI)Bitcoin Rally Falters as Price Drops Below £16KBitcoin’s price quickly dropped below $16,000 Saturday morning, putting the rapid rally seen in recent weeks on pause.Around 10:00 UTC, the cryptocurrency dropped as low as $15,750,…

Pendle has almost reached $1 billion in total value locked, with most of that value locked in within the last six months.This surge in interest comes as the market looks for more opportunities for liquid restaking tokens.Pendle recently added support for the BNB chain and real-world assets (RWA)Pendle, a decentralized finance (DeFi) platform that offers