First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle

March 20, 2023
The Last Cryptocurency
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Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to the FDIC. Custodia Bank founder and CEO Caitlin Long reacted. Plus, former White House National Security Council Director of Cybersecurity and Secure Digital Innovation Carole House discussed her new role on the CFTC’s Technology Advisory Committee.

Berlin-based cryptocurrency custody firm Finoa is extending its range of brokerage and crypto staking services to include easy access to a regulatory-compliant form of decentralized finance (DeFi) via the firm’s custodial wallet infrastructure.Having attained license approvals from German financial regulator BaFin earlier this year, the custody provider is offering its 300-plus institutional clients FinoaConnect, a

Tornado Cash Developer Alexey Pertsev Found Guilty of Money Laundering

Tornado Cash developer Alexey Pertsev has been found guilty of money laundering by a Dutch judge ruled at s-Hertogenbosch court on Tuesday.An indictment shared ahead of the trial said that between July 9, 2019 and Aug. 10, 2022, Pertsev made "a habit of committing money laundering" and that he should have at least suspected the

Bitcoin Still Offers Attractive Risk-Reward Ratio, On-Chain Indicator Shows

BTC's reserve risk indicator shows conviction among long-term holders, offering an appealing risk-reward ratio to existing or potential investors. Other indicators based on inactivity of supply also point to strong holding sentiment. While bitcoin's (BTC) price has more than doubled in the past year, the largest cryptocurrency continues to offer an appealing risk-reward ratio for

Lido Introduces ‘Restaking Vaults’ in Collaboration with Symbiotic, Mellow Finance

Lido, the Ethereum staking stalwart, has recently been grappling with the frenzy around "restaking," a new trend that threatens to erode the staking platform's grip on decentralized finance (DeFi).Lido is controlled by the Lido DAO, a consortium of LDO token-holders who vote on protocol strategy and key upgrades.A new initiative from the DAO will see

First Mover: Cardano’s No Ethereum Killer Yet, But It’s Winning in Crypto Markets

Jun 15, 2020 at 11:30 UTCUpdated Jun 15, 2020 at 11:32 UTCTrevor Koverko and Charles Hoskinson (right) at CoinDesk Construct 2019First Mover: Cardano’s No Ethereum Killer Yet, But It’s Winning in Crypto MarketsAs Ethereum pushes slowly toward a new type of blockchain technology that some cryptocurrency experts predict could represent the future of decentralized finance,…

Are Bitcoin Developers Losing Faith in Lightning?

Ah, the Lightning Network. Hailed for years as Bitcoin’s saving grace, the off-chain solution needed to finally make Satoshi Nakamoto’s “peer-to-peer digital cash” an actual functioning payments network, today appears to be losing faith.Industry publication Protos recently published an article noting that numerous Lightning developers have walked away from the project, that there’s a growing

Bitwise Acquires London-Based ETP Provider ETC Group to Enter Europe

The financial terms of the acquisition were not disclosed. ETC Group offers nine Europe-listed exchange-traded products, including a physical bitcoin product (BTCE) and staked ether ETP (ET32). 00:54 Ethereum Sees Record Drop in Gas Fees: Is This a Bullish Signal for ETH? 22:04 Bitcoin Millionaire on Investment Tips, Anonymity and Crypto's Role in Politics 00:58

Bitcoin Strength Continues on U.S, China Easing; Floki Bot Crosses Trading Milestone

BTC is up 1% as it trades near $64K during the Asia business day. Polymarket traders are giving a 50% chance that the Fed makes another 50 bps cut. Bitcoin (BTC) showed signs of strength Wednesday as it retook the $64,000 level in early Asian hours, but later retreated, to reverse drawdowns from a day

Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show

Prime Trust has notified its employees that it may lay off 62 people within the next two months, just weeks after the company made deep cuts to its workforce, according to Nevada's Department of Employment, Training & Rehabilitation.The crypto custody firm, which filed for bankruptcy in August, disclosed on Sept. 14 the possible layoffs to

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