Coinbase, Hut 8 and Other Crypto Stocks Rise as Bitcoin Surpasses $27.6K

Ethena has announced a new stablecoin that invests its reserves in Blackrock's real-world asset fund called BUIDL. The team said UStb can support its synthetic stablecoin USDe during tough market conditions by allowing Ethena’s governance to close USDe hedging positions and reallocate assets to UStb. Ethena announced today that it's developing a new stablecoin called

Aug 28, 2020 at 13:14 UTCUpdated Aug 28, 2020 at 13:41 UTCShrinking Binance bid-offer spreads might reveal crypto markets maturing. (Rednuht via Creative Commons, modified by CoinDesk) First Mover: Binance’s Shrinking Trading Spreads and Bitcoin’s Jackson Hole FizzlePrice pointBitcoin was rising along with gold and U.S. stock futures early Friday as traders reacted to Federal Reserve Chair…

Cryptocurrencies of non-fungible token (NFT) marketplaces dipped during Wednesday U.S. morning hours following news of OpenSea facing potential U.S. regulatory action. Adding to earlier losses alongside a broad crypto decline begun Tuesday evening U.S. hours, Blur (BLUR) fell another 5% in the minutes following the news before a modest bounce. It's now down 10% over

Good morning. Here’s what’s happening:Prices: Bitcoin and ether fell slightly on Sunday, although there's potential for a market-wide rally and significant price movement, an analyst says. Meme coin mania has been fueling dramatic shifts in market sentiment.Insights: Challenges from network congestion due to the Ordinals surge are offset by increased mining incentives, network security and…

Israeli startups have brought in more than $600 million in funding from initial coin offerings (ICOs) in the first three quarters of 2018, according to an industry report. Crypto analytics and research firm One Alpha surveyed ICOs and blockchain projects globally, from the past year, aiming to provide an overview on the status of the…

Aug 27, 2020 at 18:22 UTCUpdated Aug 27, 2020 at 18:43 UTCJeremy Allaire, CEO of Circle (CoinDesk archives)‘Gasless’ Technical Update Brings USDC One Step Closer to VenmoYou can now send cryptodollars back and forth without paying a fee to the Ethereum network, according to the Centre Consortium in a Thursday blog post. Dubbed USDC 2.0,…

news If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions…

feature A small bank in New York City has started doing business with cryptocurrency firms, joining the very short list of U.S. financial institutions to embrace the sector. Quontic Bank opened a checking account for a bitcoin ATM company a few weeks ago and is in the process of completing a contract to deliver banking services…

news Cambodia’s Central Bank wants to slash the cost of cross-border payments and is studying how its in-house digital wallet, the Hyperledger Iroha-powered Bakong, might get the job done. The National Bank of Cambodia (NBC) signed an agreement last week with Malaysia’s Maybank to determine how the banks’ respective digital payment platforms – Bakong and Maybank2u…