Coinbase Goes Down as Bitcoin Approaches 2019 Highs

Financial services provider Fidelity Investments is launching a cryptocurrency trading and storage platform. Fidelity Digital Asset Services, LLC will provide cryptocurrency custody and trading services for enterprise clients, the company announced Monday. Tom Jessup, who is heading up the new division, announced the platform at Bloomberg's Institutional Crypto event. It hopes to draw institutional investors, including…

Aug 27, 2020 at 13:00 UTCUpdated Aug 27, 2020 at 13:23 UTCBlockFi CEO Zac Prince (CoinDesk archives)Crypto lender BlockFi is partnering with an independent crypto pricing provider to value customer deposits and collateral. CF Benchmarks will price customers’ assets based on data it has sourced from five crypto exchanges that have passed the criteria in…

This has been a year of triumphs and not a few tribulations for Barry Silbert's Digital Currency Group (DCG).Under his leadership, the company has cemented its position as a key player in the crypto industry despite facing a series of challenges related to last year's epic scandals. Not least of these was FTX, whose downfall

Jan 14, 2020 at 13:30 UTCSouth Korea-based Upbit has restarted ether wallet services nearly two months after hackers made off with $49 million-worth of the cryptocurrency.The exchange recently announced that following an upgrade to its wallet security system, the platform is once more able to support ETH deposits and withdrawals. A tweet indicated that the…

NEWS Oct 29, 2018 at 17:00 UTC The privacy-focused cryptocurrency zcash has officially implemented its network hard fork, known as Sapling. Activated on schedule at block 419,200, Sapling has long been planned as an upgrade aimed at making the network faster, lighter and more secure. On Sunday, the Zerocoin Electric Coin Company's Elise Hadmon wrote that…

A group of bitcoin developers is fighting a lawsuit in the UK alleging they wrongfully refused to help Craig Wright’s crypto company retrieve billions of dollars worth of bitcoin that the company allegedly lost in a hack, a Monday court filing shows.Lawyers for 12 developers told the UK High Court that the company, Tulip Trading,…

With Donald Trump romping to victory in Iowa’s caucus on Monday and taking the stump in New Hampshire, the next primary battleground, “45” made a strong statement about digital currency: he’s against it. At least the government-issued kind, in the form of a central bank digital currency (CBDC):“Tonight, I’m also making another promise to protect

Bitcoin mining stocks soared Thursday as bitcoin (BTC) itself traded around its 17-month high.U.S.-listed mining companies such as Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) rallied 10%-12% during the day amid a wider surge in equities. The Dow Jones Industrial Average notched its best day since June.01:10Bitcoin's Triangular Consolidation Offers Bullish Outlook: Technical

Jun 11, 2020 at 10:00 UTCCopper wires (Credit: Shutterstock/FlegereLondon-based crypto custodian Copper has joined the Digital Monetary Institute (DMI) as a founding member to inform a range of discussions on the adoption of digital currencies by central banks. The DMI is run by the Official Monetary and Financial Institution Forum (OMFIF), an independent think tank…