Coinbase Charts Course For Institutional Crypto Products

May 19, 2020 at 11:55 UTCCredit: Shutterstock/Roman SamborskyiFirst Mover: Bitcoin Difficulty Adjustment Feels Like Post-Halving Easing PartyAt its core, the Bitcoin blockchain is a sprawling global machine – a human-created network of human-operated computers.And for bitcoin traders, it's bullish that key events on the blockchain network over the past couple weeks have gone smoothly, showing that the machine…

Hong Kong asset management company Metalpha has secured $5 million for its Grayscale-based fund from Bitmain, according to a source close to the company.Metalpha is looking to raise $100 million for the Next Generation Fund I, which it has formed in partnership with NextGen Digital Venture Limited. As of the end of March, Metalpha has…

Cryptocurrency custody and trading firm Copper plans to start offering a brokerage service for digital securities in Abu Dhabi early next year, the company said on Wednesday.Copper Securities, the new entity offering execution and custody services, is working with the emirate's Financial Services Regulatory Authority (FSRA) to have the necessary approvals in place by early

Sep 24, 2020 at 16:00 UTCBitcoin News Roundup for Sept. 24, 2020With bitcoin markets looking weak alongside a strengthening dollar, CoinDesk’s Markets Daily is back for your latest crypto news roundup!For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.Today's Stories:With the U.S. dollar eyeing a…

The bitcoin (BTC) held in one Coinbase Custody wallet jumped 2,500 BTC soon after BlackRock filed for a spot bitcoin ETF last week, data from analytics tool CryptoQuant shows.Coinbase Custody is a service offered by the crypto exchange that allows institutional investors to store large amounts of tokens, such as bitcoin, in a secure wallet.…

Cryptocurrency token KIN’s price jumped over 20%, outperforming the wider market, after a community proposal passed Friday to burn trillions of tokens, marking a new fully decentralized era for the project.The token climbed to 0.000023 cents at press time, on the news that about 7 trillion KIN tokens - worth $156 million - will be…

Worldcoin (WLD), the crypto project launched by OpenAI’s Sam Altman, is being investigated by French data protection regulator CNI for “questionable” practices, the regulator told CoinDesk."The legality of this [data] collection seems questionable, as do the conditions for preservation of biometric data," a CNIL spokesperson said in a written statement, referring to Worldcoin's practice of…

A financial technology company that was founded a full decade before the bitcoin white paper came out is looking to help today's cryptocurrency trading platforms mature. Cinnober, based in Stockholm, mainly provides tech solutions to traditional stock and commodity exchanges around the world. But this year it's struck a handful of deals with crypto startups…

If your elected representative to the U.S. Congress has never heard of cryptocurrencies, how do you start telling them about it? Hoping to raise awareness, blockchain advocacy group Chamber of Digital Commerce’s Political Action Committee (PAC) wants to start by contributing $50 worth of bitcoin to the campaign of each congressperson. Announced Monday, the advocacy group…