Coinbase Adds British Pound for UK Crypto Users
Crypto exchange Coinbase will now support British pounds (GBP) for its UK customers, the firm announced Wednesday.
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Crypto bank Anchorage Digital said it'll handle custody for the spot bitcoin product ARK 21Shares Bitcoin ETF. The only federally chartered crypto bank in the U.S., Anchorage Digital is servicing one of the leading ETFs in a custody space that's been otherwise dominated by Coinbase Inc. The first and only U.S. federally chartered crypto bank
New Malware Miner Sneakily Hides When Task Manager Is Open
news Meet “Norman” – a new variant of monero-mining malware that employs crafty tricks to avoid being spotted. The malicious code was identified by researchers at data security firm Varonis when investigating a crypto-miner infestation at a “mid-size company.” “Almost every server and workstation was infected with malware. Most were generic variants of cryptominers. Some were…
Chip Maker TSMC Forecasts Weaker Crypto Mining Demand in Q4
Chip-making giant Taiwan Semiconductor Manufacturing Company (TSMC) has predicted weak demand for processors from cryptocurrency miners in the fourth quarter of this year. TSMC, the primary supplier for crypto mining giant Bitmain, announced in its Q3 2018 earnings call Oct. 17 that its revenue growth will be impacted by "continued weakness" in the crypto mining…
South Korea’s Policy Chief Calls for Legalization of ICOs
The chairman of Korea's National Policy Committee has called for the legalization of initial coin offerings (ICOs), provided that a regulatory framework is put in place. According to a report from CoinDesk Korea on Tuesday, Min Byung-Doo, who is a member of the country's governing Democratic party, said that, with token sales becoming a global…
Crypto Options Exchange Deribit’s Ether Volatility Index Hits Record Low
The downtrend in leading crypto options exchange Deribit's forward-looking ether volatility index (ETH DVOL) continues amid macroeconomic uncertainties and the pepecoin (PEPE) frenzy that has boosted demand for the Ethereum network.The DVOL index, which calculates ether's annualized 30-day implied volatility or expectations for price turbulence over the next four weeks, fell to a record low…
Crypto Pundits Romance the Hyperinflation and Dollar Death Narrative. Is It a Real Scare?
Narratives among crypto bulls are ephemeral except one: Bitcoin (BTC) is an antidote to unconventional Federal Reserve monetary policies.It has recently reached a fever pitch on Crypto Twitter, thanks to venture capitalist and angel investor Balaji Srinivasan saying he'd wager that bitcoin will hit the $1 million mark within 90 days. The former Coinbase chief…
Polkadot to Use Chainlink Oracles for Interoperability Network
Feb 25, 2020 at 14:00 UTCUpdated Feb 25, 2020 at 14:25 UTCChainlink CEO Sergey Nazarov image via CoinDesk archivesPolkadot will be the first non-ethereum blockchain to integrate Chainlink."Chainlink is set to become the first and primary oracle provider for all Substrate-based chains and eventually the entire Polkadot network," Polkadot announced Tuesday. Chainlink provides price feeds…
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies fell today alongside the broader stock market. Among major tokens, ether fared particularly poorly, falling 5%. SOL/ETH notched a new all-time high, while ETH/BTC made new lows. 00:52 Ether ETFs Saw Biggest Outflows Since July 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April 2021 00:57 Is Bitcoin