Decentralized Exchange Camelot Crosses $100M in TVL Ahead of Arbitrum Airdrop

Dec 19, 2019 at 22:33 UTCFowler May Change ‘Not Guilty’ Plea in Crypto Capital Laundering CaseReginald Fowler, one of the individuals accused of running a "shadow banking" service for cryptocurrency startups, is expected to plead guilty to at least some charges during a court hearing next month.According to a letter written by Assistant U.S. Attorneys…

news New comments from the chief executive of the Hong Kong Stock Exchange (HKEX) may have dampened the hopes of several cryptocurrency mining giants that have filed for initial public offerings (IPOs). According to a report from Tencent’s news portal Finance.QQ on Thursday, HKEX CEO Charles Li Xiaojia said that companies seeking to list on…

Crypto exchange Binance today said it had set up Lightning nodes on the Bitcoin network to eventually offer Lightning-based bitcoin deposit and withdrawal services to users, as per a Tuesday tweet.“Binance is working to integrate the Bitcoin Lightning Network for deposits and withdrawals,” the exchange tweeted. “However, there's still more tech work to be done.…

Memes are a pretty important part of the crypto ecosystem – how else would crypto visionaries display their wit and sometimes passive aggressivity? It's no wonder then that District0x's Meme Factory is seeing quite the buzz. Not only did District0x raise $9 million in an initial coin offering last year, backed by Boost VC and CoinFund,…

Jul 29, 2020 at 17:30 UTCCoinbase CEO Brian Armstrong (CoinDesk archives)U.S.-based crypto exchange Coinbase has launched a rewards program for customers holding the dai stablecoin from popular DeFi project Maker. Coinbase said Wednesday that users holding more than 1 dai will see returns at 2% annual percentage yield (APY). The program applies to customers residing…

feature The Takeaway: Crypto lending startup Celsius raised $50 million in a token sale in 2018. Lending volume has surged since then, with 10,415 Celsius users taking out fiat loans after locking in crypto collateral. BitGo confirmed to CoinDesk that it held $1 billion worth of crypto deposits from Celsius over the past year. CEL…

Imagine meeting with your financial advisor to plan for retirement, and seeing crypto products offered alongside other safe and regulated financial products. You decide to allocate to crypto products — not only as an investment vehicle, but also as a tool to execute tax-loss harvesting. What was once a holy grail in crypto adoption is

Sep 21, 2020 at 14:47 UTCUpdated Sep 21, 2020 at 15:22 UTC(Lee Yiu Tung/Shutterstock)Banking veterans who have steered divisions at HSBC, Citigroup and Merrill Lynch in the Asia-Pacific region are ditching traditional finance to invest in cryptocurrencies. People familiar with the matter told CoinDesk that Joseph Chang, head of equities trading and prime finance at…

Sep 25, 2020 at 15:35 UTCJack Dorsey speaks at Oslo Freedom Forum 2020 (Screenshot)When Twitter and Square CEO Jack Dorsey spoke at the virtual Oslo Freedom Forum 2020 on Friday, he said blockchain technology is the future of Twitter. “Blockchain and bitcoin point to a future, point to a world, where content exists forever,” Dorsey said.…