Blockchain Bites: WEF, IBM and a Chinese City Show Support for Blockchain

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1856.9, up 0.9% (+16.27) since yesterday's close. Twelve of 20 assets are trading higher. Leaders: SOL (+3.9%) and BCH (+2.2%). Laggards: MATIC (-1.4%) and ETH (-1.3%). The CoinDesk 20

Federal prosecutors in Manhattan are investigating a former FTX executive over possible violations of campaign finance law related to his girlfriend's congressional campaign last year, the Wall Street Journal reported on Tuesday.Ryan Salame, who was FTX's co-chief executive of its Bahamas-based unit, is being investigated for potentially illegally avoiding federal limits on contributions to Michelle…

Chaos Labs is known for its tools for on-chain risk management, addressing growing demand for such services in decentralized finance (DeFi). The fundraising was led by venture capital firm Haun Ventures. Chaos Labs, a New York crypto startup known for its suite of on-chain risk management tools, has raised $55 million in a Series A

Cryptocurrencies were broadly lower after a sharp mid-afternoon selloff Tuesday upended what had been a mostly quiet session.Leading the CoinDesk Market Index's (CMI) 1.3% decline were altcoins such as Ripple's (XRP), Dogecoin (DOGE), Polkadot's (DOT), Polygon's (MATIC), and Uniswap's (UNI), each sporting losses of more than 4% over the past 24 hours. Outperforming were the…

Metaplanet plans to increase its bitcoin holdings by purchasing an additional $6 million worth of BTC, adding to its existing $9 million investment.The funds for the purchase will come from an upcoming bond issuance on Wednesday. Stock prices jumped 12% following the statement.Japan-based investment advisor Metaplanet plans to boost its bitcoin (BTC) holdings by another

The FTX bankruptcy checked off another major cash settlement, this time for more than $200 million from crypto exchange Bybit. The influx of cash will serve the already-approved FTX dispersal plan in which the recovery of as much as $16.3 billion is soon heading toward former customers and creditors. The costly meltdown of global exchange

Crypto exchange Rain has obtained a license to operate a virtual asset brokerage and custody service for its clients in the United Arab Emirates,."Today, Rain is launching in the UAE, as the first licensed retail exchange," Joseph Dallago, CEO and co-founder of the Bahrain-based company, tweeted on Tuesday. "This is a 5 year effort, as…

Korea-based crypto exchanges registered a trading volume of 12 trillion won on Sunday, surpassing Friday's stock market tally of 11.47 trillion won.Koreans are increasingly turning to alternative investments, with altcoins being preferred over major assets like BTC or ETH.Rising bitcoin (BTC) prices have revived a crypto trading frenzy in South Korea, with volumes on local

Jan 24, 2020 at 03:46 UTCUpdated Jan 24, 2020 at 04:03 UTCBlockFi CEO Zac Prince image via CoinDesk archivesBlockFi, one of the first lending startups in the cryptocurrency markets, recently announced Thursday it would make changes to the interest paid based on the yield it generates from lending bitcoin (BTC) and ether (ETH). The changes…