Crypto News Roundup for Oct. 19, 2021

Jan 23, 2020 at 19:52 UTCUpdated Jan 23, 2020 at 21:34 UTCRiccardo Spagni image via CoinDesk videoRiccardo Spagni, better known as “Fluffypony,” discusses privacy and whether or not central bank digital currencies (CBDCs) are just a fleeting thing. The Monero community leader speaks with CoinDesk’s Leigh Cuen in Davos, Switzerland."There's less hype, but more talk,"…

Dec 2, 2019 at 16:58 UTCUpdated Dec 2, 2019 at 16:59 UTCWelcome to the CoinDesk Markets Daily Podcast, a 10-minute look at what's driving the crypto markets today. The podcast appears daily and we'd love you to subscribe with iTunes, Google Podcasts, or your favorite podcast app.Having trouble with the embedded player? You can download…

news Grayscale Investments, the cryptocurrency asset manager backed by Digital Currency Group, which acquired CoinDesk in 2016 – has released a report showing what it argues is bitcoin’s potential as a hedge against global liquidity crises. Overall, the authors suggest bitcoin ought to be considered a strategic position within long-term investment portfolios considering its transparent,…

Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has secured a second landmark win for the crypto industry against the U.S. Securities and Exchange Commission (SEC), following Ripple’s favorable ruling last month, broker Bernstein said in a research report Tuesday.A federal court ruled on Tuesday that the SEC must review its rejection of Grayscale’s

Stablecoins are the backbone of the crypto economy. Transactions involving USD-backed stablecoins reached nearly $6.87 trillion in 2022, surpassing the volumes of Mastercard and PayPal. Despite the crypto winter, stablecoin activity has remained resilient, reflecting approximately 40% of all value transacted on blockchain networks. In other words, stablecoins have emerged as an innovation with product-market

A critical vulnerability on the programmatic lending platform MakerDAO could have made user funds irretrievable, according to security audit firm Zeppelin. Discovered in the last few weeks, MakerDAO issued Monday an urgent plea to token holders of the MakerDAO platform, writing on Reddit: “In partnership with Coinbase and Zeppelin, the Maker Foundation has been participating…

Flowdesk, the crypto market maker that recently became a liquidity provider for Grayscale's bitcoin (BTC) exchange-traded fund (ETF), has raised $50 million in a Series B.The investment round was led by venture capital firm Cathay Innovation and included contributions from Cathay Ledger Fund, Ripple, Eurazeo, ISAI, Speedinvest and BPI.Flowdesk will use the funding to grow

Jun 12, 2020 at 22:05 UTCUpdated Jun 12, 2020 at 22:06 UTCWilshire Phoenix, an asset manager which tried to launch a bitcoin exchange-traded fund (ETF) last year, has filed to launch a new Bitcoin Commodity Trust. According to a Securities and Exchange Commission (SEC) filing published Friday, the New York-based Wilshire Phoenix intends to offer…

The 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chip maker Nvidia has risen above 0.80.The positive correlation is noteworthy as several analysts believe the surge in NVDA represents an AI bubble that could soon burst.Bitcoin (BTC) continues to move in tandem with Nvidia (NVDA) shares as some analysts question the surge in the