China’s Government Censorship Agency Is Hiring a Crypto Expert

The price of bitcoin (BTC) has remained steady Wednesday above the $26,000 level as FTX obtained approval to sell its crypto assets from a bankruptcy court and slightly higher-than-expected headline inflation data in the U.S.The largest crypto asset rose to $26,350 during U.S. afternoon hours, but slightly retraced after the FTX news. It recently changed

news Crypto finance startup Circle Internet Financial is reportedly looking to raise a further $250 million in funding. A report from The Information on Saturday, citing a source with knowledge of the matter, said that Circle is seeking to raise the funding via a combination of equity and debt financing. They added that the reason for…

Bitcoin firm Strike has expanded its services on a global scale, now allowing users in 36 countries (soon to be 65+) beyond the U.S. to buy bitcoin through the app, founder Jack Mallers announced in a blog post Thursday.“We’re rolling out a highly anticipated feature that Bitcoiners worldwide have requested for years,” Mallers wrote. “Now

Millions worth of polygon (MATIC) appeared to be sent by key market makers Jump Trading and Cumberland to crypto exchanges on Friday night ahead of a nearly 30% drop, blockchain data shows.Analytics firm Lookonchain said in multiple tweets on Saturday that Cumberland had deposited 9 million MATIC, worth over $6.3 million, to Binance and 5…

Oct 31, 2020 at 17:54 UTCDecentralized finance is "the most interesting thing happening in crypto," says acting OCC head Brian Brooks. He wants to assess how new tools can be used to strengthen the banking system. (Credit: Coinbase)US Banks Could Seek to Partner With or Buy Crypto Custodians, OCC’s Brooks SaysU.S. banks are looking at…

Some sectors of the crypto industry were excited (and/or confused) by an apparent BlackRock XRP Trust filing in the state of Delaware, suggesting the massive asset manager may try to launch an XRP exchange-traded fund (ETF) after applying to launch bitcoin and ether ETFs. But, this filing was "false."You’re reading State of Crypto, a CoinDesk

Jun 5, 2020 at 09:50 UTCUpdated Jun 5, 2020 at 09:59 UTCCredit: Shutterstock/skrotovBitfinex-incubated DeversiFi claims its re-released decentralized exchange (DEX) is receiving interest from institutions, thanks to a privacy layer that can protect their trading strategies from rivals. A DeversiFi spokesperson told CoinDesk that the firm had already had a “significant pipeline of funds” interested…

Mar 23, 2020 at 21:01 UTCUpdated Mar 23, 2020 at 21:03 UTCGold is up Monday and so are most cryptocurrencies, seemingly buoyed by the U.S. Federal Reserve's drastic quantitative easing action to thwart the coronavirus’ effects on markets and the economy. Bitcoin (BTC) is up 7 percent as of 20:30 UTC. Over the past 24…

The cryptocurrency markets had a rough run in August, with only a handful of projects making it into the green. Major names such as ethereum, bitcoin and XRP all dropped on the month, down 35.45, 9.44, and 27.93 percent, respectively. Adding pressure to the situation, bitcoin's dominance rate rose substantially, up 6 points from July's…