MARKETS DAILY HOLIDAYS: DeFi?

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.Miami-based venture capital firm Borderless Capital is leading a new $50 million fund that will support projects which focus on building cross-chain innovations, according to a press release.The fund will be powered by Wormhole,…

Take the bill proposed by U.S. Senator Elizabeth Warren (D-Mass.), officially called the Digital Asset Anti-Money Laundering Act. It’s “pretty shocking, extremely broad and would have far-reaching effects on both the entire crypto space and on privacy technologies in general,” says Belcher, a civil liberties and cryptocurrency attorney. She is also the president and chair…

Dec 4, 2019 at 10:32 UTCUpdated Dec 4, 2019 at 10:50 UTCMUFG Plays Down Reports of Digital Currency LaunchUpdate (10:40 UTC, Dec. 4, 2019): MUFG has issued a statement saying that while it has indeed agreed to enter a joint venture with Recruit, it has not made public the details.Japan's MUFG Bank and Recruit Holdings…

The Law Commission, which reviews and recommends changes to laws in England and Wales, published a consultation on draft legislation to label crypto as property.The independent statutory body's report on digital assets last year showed that crypto tokens and non-fungible tokens were able to attract property rights. Responses are required by March 22."Personal property rights

Dec 17, 2019 at 15:43 UTCUpdated Dec 17, 2019 at 15:45 UTCFidelity to Expand Institutional Crypto Business to EuropeFidelity Investments, one of the world's largest asset managers, is setting up a new entity to serve European institutional investors in digital assets. The firm said Tuesday that the new business will be provided through Fidelity Digital…

news North Korean hackers have allegedly attacked users of South Korean exchange UpBit with a clever phishing exploit. According to data released by the security company East Security, the hacker attempted a cyberattack by sending a phishing e-mail on May 28. The subject of the mail suggested that UPbit needed more information regarding a fictional…

Multinational data storage, analytics and information security firm Dell EMC plans to invest in emerging technologies, including blockchain, the company announced Wednesday. Dell EMC, a subsidiary to the computer manufacturer Dell, announced on Wednesday that it has plans to invest in emerging technologies including artificial intelligence, blockchain, data analytics and cloud-compliance, the Economic Times reported. In particular,…

Bitfinex says early Friday it repaid fully of the loan to Tether.(CoinDesk archives)Feb 5, 2021 at 9:12 p.m. UTCUpdated Feb 5, 2021 at 9:19 p.m. UTCBitfinex Says It Repaid Tether for $550M Loan at Center of NYAG ProbeCrypto exchange Bitfinex claimed Friday it repaid the remaining balance of a $550 million loan to its sister…

The bill will protect Oklahomans’ right to self-custody digital assets.It also makes it legal for Oklahoma residents to mine crypto, both at home and on an industrial scale. Oklahoma Governor Kevin Stitt signed a sweeping ‘Bitcoin Rights’ bill into law on Monday, enshrining Oklahomans’ legal right to mine, transact with, and self-custody cryptocurrencies and boosting