Ethereum Classic Is Down 30% Since Its Listing on Coinbase

opinion Noelle Acheson is a veteran of company analysis and member of CoinDesk’s product team. The following article originally appeared in Institutional Crypto by CoinDesk, a newsletter for the institutional market, with news and views on crypto infrastructure delivered every Tuesday. Sign up here. _______ Financial market data feeds are generally not the most compelling of businesses. Commoditized,…

feature With the Turkish lira dropping to a six-month low against the dollar last week, bitcoin is continuing to pick up even more traction in Istanbul. Andy Cheung, head of operations at the global crypto exchange OKEx, told CoinDesk that over 30,000 Turkish users signed up for the platform since it expanded services to Turkey…

Coinbase (COIN) has added four national security experts, including former U.S. Secretary of Defence Dr. Mark T. Esper, to its Global Advisory Council, it announced on Tuesday.The other additions include Stephanie Murphy, a former congresswoman from Florida and former national security specialist at the Defense Department; Frances Townsend, former Counterterrorism and Homeland Security Advisor to

The U.K. should create a tailored framework for using crypto as collateral, a Law Commission funded by the Ministry of Justice said in a Wednesday report.The scope of such a regime would go beyond existing U.K. regulations for collateral arrangements for traditional finance, the commission told CoinDesk.The commission also doubled down on its previous call…

May 8, 2020 at 12:15 UTCLong ReadThe Men Who Stare at ChartsCharts tracking the price of bitcoin dominate six buzzing monitors in the third floor office of a rotting, centuries-old tower block in the heart of Kiev. A pattern emerges among the shifting forms and shapes, and Brian – a 33-year-old trader who asks we use…

Oct 10, 2020 at 16:48 UTCU.S. Speaker of the House Nancy Pelosi introduced the latest version of the relief bill on Monday. (Credit: Michael Candelori / Shutterstock)Pelosi Rejects White House’s $1.8T Stimulus Offer: ReportDemocratic House Speaker Nancy Pelosi rejected the White House’s recently boosted $1.8 trillion stimulus offer, saying it doesn’t provide enough in the…

Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Markus Maier is the founder and managing director of Violet, a privacy-focused DeFi platform. Featured SpeakerBowTiedBullPresidentBowTied JungleThe pseudonymous investor BowtiedBull explores the BowtiedJungle, where citizens swap advice on investing, job-seeking, ...Decentralized Finance (DeFi) has emerged as a revolutionary force…

Sam Bankman-Fried intends to argue he was acting in "good faith" in loaning funds to FTX and Alameda executives, in setting Signal messages to auto-delete and in setting up a set of North American entities because he was following the advice of lawyers, including law firm Fenwick & West.The FTX founder's defense team published a…

news Ontology is to launch the Paxos Standard (PAX) stablecoin, a regulated token backed by U.S. dollars, on its blockchain. The launch will make it easier for individuals and businesses using Ontology’s ONT token to transact in fiat-pegged tokens, Ontology announced Friday. Paxos Standard (PAX) is a regulated U.S. dollar-backed stablecoin and was launched last…