Prime Trust Enters Crypto Custody Race, Will Hold ‘Any’ Ethereum Token

news Online lender SoFi announced its crypto trading platform will go live next Tuesday. Bitcoin, ethereum and litecoin will be the first digital assets available to trade on its SoFi Invest platform, CEO Anthony Noto told Fortune in an interview published on Wednesday. With the new platform, SoFi joins a number of digital-first trading firms –…

"Shadow economy" participants, those who use deal mostly in hard cash for anonymity's sake, are unlikely to be drawn to using a CBDC, according to a Reuters column.Feb 17, 2021 at 1:17 p.m. UTCCentral Bank Digital Currencies May Drive Cash ‘Shadow Economy’ to Crypto: ReutersCentral bank digital currencies (CBDCs) may signal the end of physical…

When a wayward kid does wrong and gets found out, typically he doesn’t want to be known as the guy who just joy-rode his neighbor’s Ford Crown Victoria. He wants to make a good impression on everyone, so they talk to him again. He shaves, gets a haircut and puts on the shiny suit he

Terraform Labs CEO Do Kwon is suing the U.S. Securities and Exchange Commission (SEC).The builder of decentralized finance (DeFi) platform Terra confirmed he was served with an SEC subpoena at Messari’s Mainnet conference last month, according to a lawsuit filed Friday.The matter stretches back to May 2021, when SEC’s Enforcement Division emailed Kwon, according to…

Ethereum developers met Tuesday to compare research on the eventual merge of Eth 1.x and Eth 2.0((IhorM/Shutterstock))Feb 3, 2021 at 12:33 p.m. UTCUpdated Feb 3, 2021 at 1:09 p.m. UTCValid Points: CoinDesk’s Ethereum 2.0 Validator Is Officially StakedAfter two months of hard work, time and effort, we’re pleased to say the CoinDesk Ethereum 2.0 validator…

Dec 1, 2020 at 3:57 p.m. UTCUpdated Dec 1, 2020 at 3:58 p.m. UTCBanks Need to Adopt Crypto, NowThis year, crypto adoption in mainstream fintech has accelerated sharply. PayPal (PYPL), Revolut and Square (SQ) made much discussed moves. Recently, AllianceBernstein, a highly respected independent research house, published a report stating it has “changed their mind…

Global brokerage firm OANDA is officially opening for crypto trading in the UK.OANDA Crypto will be based in London and comes with FCA registration thanks to last year’s acquisition of Coinpass.U.S.-based forex pioneer OANDA is opening a cryptocurrency trading platform in the UK, registered with the country’s regulator, the Financial Conduct Authority (FCA), based in

Relaxed EU securities laws designed to encourage distributed ledger technology will likely be permanent, an official said.Industry concerns over a hard stop to the regime may have inhibited investment in blockchain projects.BRUSSELS, Belgium – A new European Union pilot to allow securities trades based on distributed ledger technology (DLT) is here to stay, an official

Core Scientific is expanding its AI deal with CoreWeave. Russell Cann, Core Scientific’s chief development officer, talked to CoinDesk about the particulars of the bitcoin miner’s multi-billion dollar infrastructure agreement with CoreWeave. AI fleets and bitcoin mining operations have very different requirements, Cann said, with AI clusters being much more capital intensive. 01:44 Bitcoin’s $4.2B