Render Network Eyes Solana Migration Ahead of Network Changes

Base creator Jesse Pollak has been tapped to lead the team responsible for Coinbase Wallet Pollak was named one of CoinDesk's most influential for 2023 for his work on Base. Jesse Pollak, creator of the Layer 2 blockchain Base, says he's been asked to lead the Coinbase team responsible for the exchange's wallet. "I’m really

“I was blindsided and horrified.”That’s how Nishad Singh recalled feeling after a fateful September 2022 meeting with FTX founder Sam Bankman-Fried where his boss laid bare the full scope of the exchange’s financial problems. Singh was the head of engineering at FTX before it imploded in November 2022 and lost billions of dollars worth of

NEWSINBRIEF The price of bitcoin fell below $4,000 for the first time today since September 27th of last year. At around 16:20 UTC Saturday, the world’s largest cryptocurrency by market capitalization sank to an average price across exchanges of $3,970.43, a figure 7.5 percent lower than the day’s opening price of $4,298.83, according to Coindesk’s…

Author Michael Lewis tends to take a very charitable stance regarding Sam Bankman-Fried despite his recent conviction, which led to a 25-year prison sentence.Following publication last year of "Going Infinite," Lewis' book about the FTX founder that many said is over-generous, a Time magazine journalist asked him about criticisms. "This is what happens when you

Oct 29, 2020 at 16:27 UTCUpdated Oct 29, 2020 at 16:29 UTC(Avery Evans/Unsplash, modified by CoinDesk)Blockchain Bites: Coinbase’s Card, Avanti’s Approval, FTX’s Fractional StocksFTX is now offering a tokenized way to trade fractions of stocks. Coinbase predicts its consumer-directed debit card to hit shelves next year. Caitlin Long’s Avanti bank is in line to become…

The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment.The securities regulator said the expanded requirement for how registered investment advisers keep customer…

news Messaging app giant Telegram’s gram token, previously sold to accredited investors in the biggest ICO of all time back in early 2018, is at last to be offered to the public. As reported by TechCrunch, a limited sale of the gram token will take place on the Liquid exchange from July 10. The offering reportedly comes before…

Jan 9, 2020 at 20:02 UTCUpdated Jan 9, 2020 at 20:19 UTCPanama City image via ShutterstockDeribit is moving to warmer waters, citing regulatory concerns.Announced Thursday, the Amsterdam-based crypto derivatives exchange will operate out of Panama as DRB Panama Inc., a wholly owned subsidiary of current platform Deribit B.V., beginning Feb. 10. The company claimed the Netherlands’…

Aug 23, 2020 at 23:15 UTCUpdated Aug 23, 2020 at 23:26 UTCLibrary of Congress, modified by CoinDeskCrypto Long & Short: What Are Regulators Thinking?When the news came out last month that the U.S. Office of the Comptroller of the Currency (OCC) had cleared banks to custody crypto assets, you may remember that I expressed surprise…