Crypto Storage Provider Zodia Custody Raises $36M From SBI Holdings, Standard Chartered

Bitcoin financial services firm Swan Bitcoin pulled its plan to take the company public, discontinued its managed mining unit and cut staff across several units. Swan CEO Cory Klippsten said in a social media post that the company will still offer bitcoin (BTC) financial services and free bitcoin education. "Without the expectation of significant near-term

This afternoon in a Washington, D.C., courtroom, lawyers will argue over a seemingly straightforward question: Is Binance.US a client of crypto custody provider Ceffu or not?Regulators are concerned over the apparent use of Ceffu by the U.S. arm of the world’s largest crypto exchange, because they’re wary of giving a foreign entity control over American

Apr 28, 2020 at 16:00 UTCBitcoin could hit $8K soon while Indonesia has created a thornless durian. It's CoinDesk's Markets Daily Podcast.Todays stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards…

Mar 18, 2020 at 17:00 UTCUpdated Mar 18, 2020 at 17:42 UTCPayPal’s Financial Crimes Division Is Seeking a Blockchain ExpertPayment giant PayPal is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes. According to a job opening posted late last month, the firm wants to hire…

The area around the bullish trendline served as an accumulation zone in 2019-20. A widely-tracked momentum indicator suggests downtrend exhaustion. Ether's {{ETH}} bitcoin {{BTC}}-denominated market price, the ETH/BTC ratio, is flirting with a bullish trendline drawn from 2016 and 2017 lows, offering hope to bulls on the second-largest cryptocurrency by market cap. Since January, the

news Ukraine’s top law-enforcement and counterintelligence agency uncovered crypto mining equipment on site at a nuclear power plant. According to local media reports, the Security Service of Ukraine (SBU) confiscated six Radeon RX 470 GPU video cards, a motherboard, power supplies and extension cords, a USB and hard drive, and cooling units installed in the…

news Blythe Masters, the CEO of distributed ledger technology provider Digital Asset Holdings, has stepped down after three years running the firm. The company announced Tuesday that Masters will remain as a shareholder, strategic advisor and member of the company’s board of directors, but that she would vacate her position as chief executive for personal…

Stablecoins, the backbone of the cryptocurrency market, with their $135 billion market cap, have traditionally been pegged to fiat currencies like the U.S. dollar, offering stability and liquidity in a somewhat volatile ecosystem.Now, the landscape of stablecoins is evolving, with innovative projects emerging that look beyond conventional USD pegs. These new stablecoins are tethered to

Web3 workspace and file management application Fileverse raised $1.5 million in a pre-seed round, the firm told CoinDesk Tuesday.Privacy-focused Gnosis Chain and venture capital firm Factor led the investment, according to a press release shared by the firm. Crypto wallet provider Safe, social media privacy solution Mask Network, decentralized file storage Arweave Ecosystem and its