For Wall Street, Bitcoin ETF Decision Could Answer ‘$1 Billion’ Question

Cryptocurrency lending company Ledn is offering customers crypto-backed loans where all the assets remain locked up with a qualified custodian, as the company adapts its centralized finance approach to a post-FTX world.Ledn has done a brisk trade in standard loans to date, where bitcoin (BTC) posted as collateral can be further lent out to subsidize

news Coinbase customers in the EU and the European Free Trade Association (EFTA) countries can now make withdrawals into their PayPal accounts. The San Francisco-based cryptocurrency exchange announced the news Tuesday, explaining that, until now, European customers have had only Single Euro Payments Area (SEPA) and UK Faster Payments options available for withdrawals. The expanded service…

news A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain. Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader…

Sandali Handagama is a CoinDesk reporter with a focus on crypto regulation and policy. She does not own any crypto.Tron founder Justin Sun tweeted on Monday that he has arranged a full refund of a $56 million transfer to exchange platform Binance after a warning from the latter against a potential token grab of the…

news The European arm of Japan-based cryptocurrency exchange bitFlyer has launched a bitcoin buying and selling service aimed to be easier to use than spot trading exchanges. BitFlyer Europe announced the news on Tuesday, saying the new trading platform targets people wanting “a simple way to buy and sell bitcoin, from total beginners to experienced…

On this episode of the ‘On Purpose’ podcast, independent registered investment advisor Tyrone Ross digs into the thorny topic of bitcoin and digital assets through the lens of your average financial advisor. As Tesla CEO Elon Musk adds “bitcoin” to his twitter biography and markets swing massively from bearish to bullish, what’s a financial advisor…

Nov 18, 2020 at 1:47 p.m. UTCUpdated Nov 18, 2020 at 2:16 p.m. UTCBlocks mined per month by OKEx's poolOKEx Mining Pool Flatlines After 99.5% Hash Power Drop as Withdrawal Suspensions Spook ClientsOKEx’s mining pool has gone from being one of the world’s largest to not mining any new blocks in over two weeks after…

news Netki has upgraded its digital identity service to help cryptocurrency firms meet tough new international standards for combating money laundering.  Announced Monday, the upgrade to TransactID adds two new features: The ability to break down certificates of a user’s identity into smaller pieces of personally identifiable information (PII); and the ability for senders and…

Laser Digital, the digital asset asset subsidiary of financial services giant Nomura, has received an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA), the final stage of the licensing process, the company said in a statement Tuesday.Laser Digital Middle East, which is based in the emirate, can now offer virtual asset (VA) broker-dealer services…