China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

Shyft Network co-founder Joseph Weinberg (CoinDesk archives)Shyft Network is adding Huobi, Bitfinex and Tether to its crypto-focused anti-money laundering (AML) platform, and launching a “governance task force” including a host of new and existing members. Announced Wednesday, Shyft’s Veriscope Governance Task Force includes recent joiners Binance and Bitfury, as well as a globally distributed collection…

Sep 23, 2020 at 17:50 UTCUpdated Sep 23, 2020 at 18:23 UTC((Emile Perron/Unsplash))Blockchain Commons Internship Introduces New Developers to Open SourceThe Takeaway:For this year’s Blockchain Commons internship, Christopher Allen had an uncommon “problem”: too many quality applications to turn down.Instead, he expanded the program to accommodate 7 interns where he usually only accepts one.With the…

Digital Currency Group and its CEO Barry Silbert have filed motions to dismiss a lawsuit brought by New York Attorney General Letitia James.The lawsuit alleges investors tied to the now-defunct Gemini Earn product and those with direct investments with DCG unit Genesis have been defrauded out of $3 billion.Rather than remove money from Genesis following

CoinDesk talks to Wall Street analysts ahead of a decision that could find regulators approving the first exchange-traded fund for cryptocurrency.

Bankrupt crypto exchange FTX has recovered billions of dollars more than it needs to make the victim’s of Sam Bankman-Fried’s theft whole, according to the latest bankruptcy plan announced on Tuesday. Customers will receive $1.18 for every dollar’s worth of crypto assets they held on the exchange at the time of collapse in November 2022

Sep 28, 2020 at 09:51 UTCUpdated Sep 28, 2020 at 09:52 UTC(Sundry Photography/Shutterstock)One of the world’s largest consultancy firms has released a new Ethereum-based solution aimed to streamline enterprise resource planning (ERP).In a press statement issued Sunday, EY (or Ernst & Young) said its OpsChain Network Procurement platform is designed to enable companies to run…

Good morning. Here’s what’s happening:Prices: Bitcoin retreats below $26.5K amid wider crypto decline as Binance, Coinbase-related fears linger.Insights: The decline in bitcoin and ether prices since 2022 mirrors the decrease in stablecoin balances over the same period.Bitcoin returned to its downtrodden ways on Wednesday amid a wider crypto decline that swept up altcoins mentioned and…

feature This week, I was hurled into the ranks of the unfortunate people who have had their identities stolen by a dodgy crypto enterprise – and, as the above headline indicates, I’m pissed. As I was informed by a well-wisher via an email this week, I am being advertised as an “advisor” to a supposed…

Two U.S.-regulated, dollar-denominated prediction markets began taking bets on the presidential race this week, with a month to go before Election Day. Kalshi, which fought a long legal battle with the Commodity Futures Trading Commission to offer election contracts in the U.S., launched its presidential markets on Friday, following Wall Street powerhouse Interactive Brokers' (IAB's)