Coinbase Taps Regulation Veteran for Crypto Compliance Chief

Sep 1, 2020 at 23:12 UTCUpdated Sep 1, 2020 at 23:23 UTCTotal bitcoins held on the Lightning Network stay below record highs even though the total value held has set new highs. Bitcoin’s Lightning Network set a record high Monday as total capacity held in the protocol’s payment channels – sometimes referred to as “total…

news Two congressmen from Florida and North Carolina have introduced two bipartisan bills aimed to help prevent cryptocurrency price manipulation. Representatives Darren Soto (Democrat) and Ted Budd (Republican) jointly announced Thursday that their two bills – “The Virtual Currency Consumer Protection Act of 2018” and the “U.S. Virtual Currency Market and Regulatory Competitiveness Act of…

news The U.S. has sanctioned three North Korean entities for cyber crimes, mentioning cryptocurrency thefts as one of the reasons for the action. In a Sept. 13 announcement, the U.S. Department of the Treasury identified the Lazarus Group, Bluenoroff and Andariel as entities now on its the sanctions list, who are believed to be responsible…

The company behind the viral blockchain phenomenon CryptoKitties is planning to enhance its platform – and it's received backing from some major tech firms to do it. Announced Wednesday, Dapper Labs, the startup that spun out of parent firm Axiom Zen to continue working on CryptoKitties, has secured $15 million in funding. The round was led…

Lawyers for Grayscale, a crypto asset manager, criticized regulators on Monday for approving a leveraged bitcoin-based exchange traded fund (ETF) amid the company's lawsuit over the U.S. Securities and Exchange Commission’s (SEC) rejection of its own spot bitcoin ETF application, according to a letter the company tweeted.The letter, addressed to the U.S. Court of Appeals…

Halsey Minor (Image courtesy of Uphold)The latest venture from CNET founder Halsey Minor looks a lot like an attempt to recreate the legacy monetary system on a blockchain. Launched commercially last week, Public Mint says its "fiat native" blockchain makes transactions efficient and accessible.The platform is described as a programmable blockchain with fiat funds held…

Jan 20, 2020 at 14:30 UTCUpdated Jan 20, 2020 at 15:15 UTCSignage for the 50th Annual Meeting of the World Economic Forum. (Photo by Aaron Stanely for CoinDesk)CoinDesk at WEF 2020: Crypto Themes to Watch as Davos Gets UnderwayCoinDesk will be on the ground in Davos from Jan. 20–24 chronicling all things crypto at the…

The two most popular tokenized money market funds today, according to the latest data from rwa.xyz, are BlackRock’s $BUIDL and Franklin Templeton’s $FOBXX. Collectively, they are nearing $1 billion in assets, largely from investors excited to access the benefits of a blockchain-enabled financial product. While these products introduced an important innovation into the market, they

Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.Uniswap's native token, UNI, dropped 9.5% immediately after the news.Uniswap CEO Hayden Adams announced the receipt of the so-called Wells notice on X, saying he wasn’t surprised, “just