CoinDesk Monthly Review November 2020

Jan 7, 2021 at 4:07 p.m. UTCUpdated Jan 7, 2021 at 4:11 p.m. UTCGrayscale's Michael Sonnenshein speaks at Invest: NYC 2019.(CoinDesk archives)Crypto Investment Firm Grayscale Names New CEO, Plans to Double Staff in 2021Digital asset manager Grayscale Investments has named Michael Sonnenshein, currently the firm’s managing director, as CEO.Sonnenshein has been with Grayscale for seven…

Popular trading platform Robinhood (HOOD) has seen a steep decline in crypto trading volume in May, the company reported on Monday, even while volume for equities and options remained high.The company reported that trading volume for cryptocurrencies dropped to $2.1 billion in May, down 43% from the prior month. On a yearly basis, crypto trading…

opinion Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign…

Kenya's Ministry of the Interior suspended the operations of Worldcoin, the identity crypto protocol co-founded by OpenAI's Sam Altman, as the country's financial, security and data protection services investigate the legitimacy and data protection of the project, according to a statement posted on the ministry's Facebook page on Wednesday."The Government is concerned by the ongoing…

news Long-time Grin coder “Ignotus Peverell” will receive financial support to work on the cryptocurrency, a move that makes him the nascent project’s third paid team member. In a weekly developer meeting Monday, developers voted to fund Peverell for his work on Grin with roughly $10,000 per month. With 4,919,040 GRIN tokens in circulation, according to…

Notabene, a provider of anti-money laundering (AML) services for cryptocurrency firms, has raised $10.2 million in a Series A funding round co-led by Jump Capital and F-Prime Capital. Peter Johnson, a partner at Jump Capital, will serve on Notabene’s board of directors.Crypto exchanges Luno and Bitso, which are Notabene customers, also took part in the…

Sam Bankman-Fried's defense team wants to question Caroline Ellison about the extent to which she depended on legal counsel to make certain decisions while CEO of Alameda Research as well as the valuation of FTX's stake in Anthropic AI.In a pair of filings Tuesday night, shortly after Ellison concluded her first day of testimony, attorneys

Signature is "positioned to ride the crypto wave," a JPMorgan analyst wrote.Via ShutterstockFeb 9, 2021 at 2:25 p.m. UTCUpdated Feb 9, 2021 at 2:34 p.m. UTCCrypto-Friendly Signature Bank Added to JPMorgan’s ‘Focus List’New York-based Signature Bank has been added to JPMorgan’s list of recommended products on Tuesday.  JPMorgan analyst Steven Alexopoulos added Signature Bank (SBNY)  to…

Oct. 2: Babylon plans to unveil at Cosmoverse its “Bitcoin Staking Protocol MVP,” according to a message from the team. The release “aims to utilize the vast untapped potential of idle Bitcoins, allowing them to boost the economic security of Proof of Stake (PoS) chains and decentralized applications (dApps). Babylon's protocol connects decentralized trust to