Coinbase will custody digital assets for US Marshals Service

Majority of the DeFi tokens in Top-100 traded in red barring a few, thanks to the weekend rout in the market correction towards the end of the week. 223 Total views 12 Total shares

Goldman Sachs-backed cryptocurrency finance firm Circle announced that it closed the acquisition of SeedInvest, a crowdfunding platform and registered operator of a broker-dealer. The news was reported via a post on Coinbase’s official blog published March 4.Cointelegraph first reported about the ongoing acquisition in October last year, noting that the deal will enable Circle to…

Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations. 1079 Total views 7 Total shares The United States Financial Crimes Enforcement Network, or FinCEN, issued a brief note on Dec. 31, announcing its intention to propose a change in the Bank Secrecy Act, regarding reporting of foreign financial…

The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining rewards. The price of Ether nearly doubled to $490 as the total liquidity across DeFi protocols quickly surged to $10 billion.Toward the end…

Law enforcement in Mumbai, India have exposed a group allegedly involved in a cryptocurrency scam that amassed an estimated 1 billion rupees (nearly $17 million), local media outlet The Times of India reports on Feb. 17.The case reportedly led to the freezing of several accounts in the country and to the arrest of four individuals…

There are both bearish and bullish scenarios for Bitcoin in the foreseeable future. The bear cases surround two key data points: rising BTC deposits from whales to exchanges and BTC’s lack of retests of crucial support levels. The bull cases are based on HODLer activity, address activity, the market capitalization gap between BTC and gold,…

Facebook co-founder and CEO Mark Zuckerberg said that the company will work as long as it takes to appease regulators’ concerns over its Libra stablecoin. Zuckerberg delivered his statements during the firms Q2 results conference call on July 24.During the call, Zuckerberg said that — some years ago — Facebook would have just released a…

Former CFTC Chair J. Christopher Giancarlo founded the Digital Dollar Project and currently works as an advisory board member for the Chamber of Digital Commerce.