Crypto News Roundup for Oct. 22, 2021
Markets Daily Crypto Roundup
With crypto markets taking a breather after this week’s wild bitcoin ETF-driven rally, plus a look at the fragility of the global financial system, CoinDesk’s Markets Daily is back with the latest news roundup.
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Cred Taps Former NSA, Western Union Bosses for Leadership Team
Jun 23, 2020 at 05:00 UTCCoins image via ShutterstockDecentralized lending platform Cred has welcomed former National Security Agency computer scientist Bethany De Lude and Western Union executive Daniel Goldstein as chief information security officer (CISO) and chief technology officer (CTO) respectively, the firm announced Monday. Dan Schatt, Cred’s chief executive, told CoinDesk the crypto community…

Senate Banking Committee to Hold Hearing on Crypto Regulation
news The Senate Banking Committee will hold a hearing on regulatory frameworks for cryptocurrencies and blockchain next week. The committee said in a press release that it would hold an open session titled “Examining Regulatory Frameworks for Digital Currencies and Blockchain” on July 30, though it is unclear if this would be a fact-finding mission…

Medical Data Company OneMedNet Latest to Pursue Bitcoin Treasury Strategy After Capital Raise
Crypto fund Off The Chain Capital made more than a million dollar investment into medical data company OneMedNet so that it could buy bitcoin. The fund hopes to outperform the price of bitcoin through its investments by buying it for a discount through allocations like this. 45:11 Bitcoin’s Price Is Way Up. And $48 Trillion

‘Very Near Launch’: Polkadot Founder Gavin Wood Details Network Rollout
May 6, 2020 at 17:47 UTCUpdated May 6, 2020 at 18:17 UTCGavin Wood (Credit: CoinDesk archives)‘Very Near Launch’: Polkadot Founder Gavin Wood Details Network RolloutThe Polkadot network is “very near launch,” founder Gavin Wood told attendees of the Ready Layer One (RL1) virtual conference on Wednesday in a sneak peek of the Ethereum co-founder’s new…

Road to Consensus with Jake Chervinsky: Crypto Twitter’s Favorite Lawyer
Jake Chervinsky is a lawyer, just not yours. A litigator with New York-based Kobre & Kim, Chervinsky has become a preeminent Twitter personality thanks to his insightful, informative tweets about cryptocurrency, and particularly ETFs. Chervinsky joins host Nolan Bauerle to talk about the SEC, enforcement, and the Twitter school of law. Register for Consensus to…

Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
June 27: Immunefi, an on-chain crowd-sourced security platform, released its "Crypto Losses in Q2 2024 report," showing a loss of $572 million to hacks and rug pulls in Q2 2024, a 112% increase compared to the same period in 2023. According to the team: "This brings the total losses to over $920 million year-to-date, with

US State Bank Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing
Sep 15, 2020 at 13:20 UTCUpdated Sep 15, 2020 at 13:38 UTC(Rob Crandall/Shutterstock)Bank regulators in 48 U.S. states are to unveil a consolidated regulatory framework that will make compliance for cryptocurrency companies simpler. The Conference of State Bank Supervisors (CSBS), a coordinating body for state regulators, confirmed to Reuters the new regime for money service…

Will 2023 Be the Year of the Bitcoin ETF?
Excitement over the hoped-for approval of a spot bitcoin exchange-traded fund is back again. This time, financial giant BlackRock’s entrance to the race for an ETF has spurred hope that the Securities and Exchange Commission will approve the long-awaited product, a decade after the crypto industry first sought to launch a bitcoin ETF.You’re reading State…