Crypto-Friendly Signature Bank Raked In $4B in Deposits in Q3 2020

Aug 24, 2020 at 16:00 UTCBitcoin News Roundup for Aug. 24, 2020With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, CoinDesk’s Markets Daily is back for your latest crypto news roundup! For early access before our regular noon Eastern time releases , subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode is sponsored…

news South Korea’s top financial regulator has said it will not lift the ban on domestic initial coin offerings (ICOs) after finding that some projects have been violating rules.As ICO investment is a “high risk” activity, the Financial Services Commission (FSC) said, calling on the public to exercise caution when investing in token projects, according…

Apr 25, 2020 at 14:00 UTCPodcastsBitcoin Halving 2020: The ‘Arms Race’ for Miner Efficiency IntensifiesIn lead-up to the next bitcoin halving event in May, some bitcoin miners are looking at leveraging what Moore and Carlson describe as “surplus energy” to make operations even more cost-effective.Listen/subscribe to the CoinDesk Podcast feed for unique perspectives and fresh…

SecretSwap works similarly to Uniswap or SushiSwap but also has privacy benefits. Feb 17, 2021 at 8:08 p.m. UTCUpdated Feb 17, 2021 at 8:13 p.m. UTCSecretSwap Is the Secret Network’s Answer to DeFi PrivacyThe Secret Network, a protocol focused on privacy for decentralized finance (DeFi), has launched SecretSwap, a front-running resistant and cross-chain decentralized exchange.…

Nigerian authorities moved to freeze $38 million in crypto they say was sent to support protests against inflation in the country. Nigeria has cracked down on crypto and Binance, the world's largest exchange, for allegedly contributing to weakening its currency. A Nigerian court issued an order to freeze almost $38 million of the $50 million

Bitcoin (BTC) dropped 7.5% Monday morning, its steepest intraday drop since mid-August. Bitcoin is still up over 150% this year, though the massive, sudden and unexpected “red candle” on the charts is a reminder of the largest cryptocurrency’s volatility.This is an excerpt from The Node newsletter, a daily roundup of the most pivotal crypto news

Bitcoin (BTC) briefly topped $35,000 Wednesday for the second time this week, but prices quickly reversed as that level appeared to trigger numerous sell orders, perhaps from miners, suggested one hedge fund manager.The $35,000 area represents a monthly resistance level for the price, and could mean that bitcoin will consolidate below for some time following

This episode is sponsored by NYDIG.On this edition of “The Breakdown’s Weekly Recap,” NLW covers:The record-setting performance of the first bitcoin futures exchange-traded fund and what happens next as new ETFs come to marketA massive spate of fundraising, particularly for crypto-focused venture capital fundsNew institutional and mainstream adoption of crypto by $2 trillion asset manager PIMCO…

Exchange volumes are at a rock bottom as traders turn away from sluggish bitcoin markets. Trading volumes on "top tier" spot exchanges fell by 36% in June, according to a report from London-based data provider CryptoCompare.Similarly, crypto derivatives exchanges experienced a 35.7% drop in volume to $393 billion – the lowest monthly volumes since the…