No Crypto Banking Port Has Really Opened Up in This U.S. Storm
The largest U.S. bank, JPMorgan, hasn’t slammed the door on crypto companies, but it’s being especially careful with any new customers, according to a person familiar with the situation. It won’t take on any full-on crypto businesses, but it’s still willing to extend basic banking services to a handful of companies that touch the industry, the person said, such as firms investing in some crypto projects.
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Blockchain Security Firm CertiK Found an Infinite Loop Bug in Sui Network
Sui Foundation awarded $500,000 to smart-contract audit firm CertiK for discovering a potential attack vector on the Sui network.The vulnerability was an infinite loop bug in the Sui code, which could be triggered by a malicious smart contract and cause the blockchain’s nodes to go on an endless circle, essentially paralyzing the network.“Differing from traditional…

‘However Long It Takes’: Zuckerberg Vows to Win Over Regulators on Libra
news Facebook CEO Mark Zuckerberg says the company will spend “however long it takes” to get regulators and others on board before launching the Libra cryptocurrency project. Speaking during a quarterly earnings call on Wednesday, the social media giant’s founder sought to assure investors that Facebook would act responsibly with its development of Libra, the…

Hold Tight, Here Come the Blockchain Wars
Dec 12, 2019 at 19:00 UTCUpdated Dec 12, 2019 at 19:08 UTCThis post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Gavin Wood is the co-founder of Ethereum, Parity Technologies, Polkadot and the Web3 Foundation.I don’t want to romanticize…

30% of UK Firms Hit by Crypto Mining Malware in a Month: Survey
Almost a third of U.K. businesses said they had been hit by cryptocurrency mining malware within the previous month, according to new research.

Record $166M Ethereum Fees Last Month Were Six Times Bigger than Bitcoin’s
Ethereum art (CoinDesk archives)Ethereum miners earned over six times more in fees compared to those working on Bitcoin in September. Glassnode data shows Ethereum's total transaction fees stood at an all-time high of $166 million for the month – far more than the $26 million taken in Bitcoin fees.Ethereum fees long trailed those on Bitcoin,…

Euroclear Unveils RWA Tokenization Service With World Bank’s 100M Euros Digital Bond Issuance
Major European clearinghouse Euroclear unveiled Tuesday its tokenized securities issuance service with the World Bank's 100 million euros ($106 million) digital bond issuance, according to a press release.Euroclear's Digital Securities Issuance (D-SI) business will assist in issuing, distributing and settling fully digital financial assets on distributed ledgers - a database held and updated independently by

Coinbase Opens Up XRP Trading for New York Residents
news Cryptocurrency exchange Coinbase has launched trading support for XRP for New York state residents. The San Francisco-based firm tweeted the news Monday, saying that New Yorkers can now buy, sell, convert, send, receive or store XRP on Coinbase.com or via its iOS and Android mobile apps. After the announcement, the price of XRP jumped…

Overstock’s tZERO to Develop a Cobalt-Backed Token for Asian Investor
news Overstock.com’s tZERO subsidiary has been hired by private equity firm GSR Capital to develop a token for trading cobalt. The engagement could lead to the tokenization of up to $200 million worth of this rare metal, which is used to make electric vehicle batteries, in 2019 alone, Overstock said Monday. However, it has also delayed…