PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
Follow us
Get the Latest from CoinDesk
Sign up for our newsletter
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy
Please enter a valid email address
Related Posts


Little Relief in Sight as Bitcoin Price Closes at 7.5-Week Low
markets View Bitcoin suffered its lowest UTC close in over seven weeks on Wednesday, reinforcing the bearish view put forward by the rejection at the 50-candle moving average (MA) on the 6-hour chart yesterday. The close at multi-week lows also dashed hopes of a falling wedge breakout. The cryptocurrency also created a bearish outside reversal…

Blast From the Future: Can You Plagiarize Something Meant to Be Copied?
Can you plagiarize something that’s meant to be copied?On Wednesday, Jan. 31, blockchain researcher 0xKaden called out the controversial crypto project Blast essentially for stealing code and trying to pass it off as its own. In particular, Blast, a much-anticipated, but also highly criticized project that raised over $1 billion last year using what some

Bitcoin Is a Form of Money, DC Federal Court Rules
Jul 24, 2020 at 17:09 UTCUpdated Jul 24, 2020 at 17:33 UTC(Tingey Injury Law Firm/Unsplash)Bitcoin is a form of “money” covered under the Washington, D.C., Money Transmitters Act, a federal court said Friday. In the case of United States v. Harmon, Chief Judge Beryl A. Howell wrote that money is "commonly means a medium of exchange, method of…

Celsius to Distribute $3B Crypto to Creditors as Firm Emerges From Bankruptcy
Celsius will be shipping out more than $3 billion to its creditors as its the firm's bankruptcy is officially closed.Apart from the cash, creditors will get a stake in the newly formed Ionic Digital Inc. mining operation, the company said in a statement on Wednesday. About 98% of Celsius Network’s creditors signed off on the

The Meaning of Community in Crypto Discussed at Consensus 2023
Do users actually care what’s under the hood of an app?Cryptocurrencies’ censorship resistance and global reach have been the main value proposition of this technology for people not interested in sheer speculation. However, just the existence of technology is not enough: for it to really spread, empower and benefit those who need it most, there…

‘Expect Chaos’: Polkadot to Launch Experimental Kusama Network This Summer
news An experimental version of blockchain interoperability protocol Polkadot will go live later this summer. Led by Swiss nonprofit Web3 Foundation, the Polkadot team says the “early, unaudited and unrefined release of Polkadot” will be called Kusama. “Kusama will serve as a proving ground, allowing teams and developers to build and deploy a parachain or try…

Lorraine Marcel: Bringing Bitcoin to African Women
In mid-2022, Lorraine Marcel was struggling to make ends meet as an events planner in Kenya, her home country, when a client asked her to organize a Bitcoin meet-up. She was already familiar with crypto, but didn’t see assets like bitcoin as anything other than speculative tools.During the meet-up, she learned what differentiates Bitcoin from

Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption
"Crypto users understand now, more than ever, that there are serious risks with a third-party holding their tokens for them," Giddy said in its statement. "Crypto, at its core, is about taking back control of your finances and embracing financial freedom, but this cannot happen as long as the mainstream continues to rely on centralized,…