New York Finance Watchdog ‘Fiercely Opposes’ Sandboxes for Fintech Firms

This week in prediction markets: The head of the U.S. Secret Service will probably not be fired. Trump's odds of victory in November remain at all-time highs while traders debate the would-be assassin's political leanings. Bitcoin is going to stay above $58k by the end of the week. Probably not, says a Polymarket contract asking

The aggregate market cap of the 14 U.S.-listed bitcoin mining stocks the bank tracks hit a record high in June, the report said.The bank noted that miners outperformed bitcoin on news of Core Scientific’s deal with AI firm CoreWeave.U.S.-listed miners increased their share of the global network hashrate for the second month in a row.The

news Coinbase Pro announced the coming addition of the proof-of-stake and democratically-governed Tezos blockchain to its institutional trading platform. Tezos (XTZ), a multi-million dollar blockchain that officially launched in September 2018, offers the opportunity for its stakeholders to vote on-chain on proposed upgrades. When Tezos was added to another Coinbase affiliate, Coinbase Custody, in March,…

Analysts and mining pools say selling pressure from mining wallets hasn't contributed to recent corrections in bitcoin's price. (Shutterstock)Jan 14, 2021 at 10:24 p.m. UTCBitcoin Miners Aren’t Responsible for Recent Price Dips, Data Shows“Miners are selling” is a popular trope used to explain bitcoin’s occasional downward price action. But on-chain data doesn’t support this narrative,…

The digital assets arm of one of Thailand’s largest financial institutions has signed a partnership deal with one of Korea’s biggest Web3 investors.In a press release sent out on Wednesday, SCBX and Hashed announced that they have signed an agreement to work on joint R&D initiatives and events aimed at promoting decentralized technology adoption regionally

Nov 20, 2020 at 12:01 p.m. UTCUS Firm Launches Company-Sponsored Bitcoin Retirement PlansAfter running a year-long test, Digital Asset Investment Management (DAiM), a U.S.-based crypto investment advisor, has launched what it says are the first company-sponsored retirement plans supporting bitcoin. DAiM will serve as an advisor and fiduciary while helping companies create a 401(k) plan…

news Tether has asked a judge for more leeway to use its cash amid the New York Attorney General’s investigation of the stablecoin issuer and affiliated crypto exchange Bitfinex. According to new court documents filed Monday, the attorneys for each side failed to come to a consensus on what, precisely, Tether should be allowed to do…

The cryptocurrency industry, for years plagued by hacks and other malfeasance, has a new group dedicated to cleaning things up, headed by cybersecurity veteran Justine Bone.Bone is the executive director of Crypto ISAC, the industry's first information-sharing and analysis center, essentially a hub for cybersecurity analysis. A leader in cybersecurity and cryptography for more than

Dec 2, 2020 at 8:26 p.m. UTCWhy Ethereum and Bitcoin Are Very Different InvestmentsThose new to crypto, such as the institutional investors recently buying into bitcoin’s “digital gold” narrative, might now be looking around for the next big thing.With the long-anticipated arrival of the Ethereum 2.0 upgrade on Dec. 1, that could be the network’s…