Robinhood Starts a New Way for Its Users to Fund Their Web3 Wallets

SwBTC generates yield using wBTC – the token pegged 1:1 to BTC that can be put to work in the Ethereum network while retaining the value of the world's largest cryptocurrency. Swell's aim is to extend the business case for restaking to crypto users who to benefit from the store of value offered by bitcoin

Decentralized finance adoption has been slow due to security concerns about using the new technology, Zenrock says. Zenrock aims to address the one-point-of-failure risk with existing custody models by operating a decentralized MPC wallet. DeFi hacks remain a major threat to the crypto industry, according to blockchain security firm Halborn. 07:58 Most Influential 2023: The

news Crypto brokerage Tagomi released its borrowing and lending platform to the wider public, enabling investors to short cryptocurrencies like bitcoin and ethereum. Tagomi’s COO Kevin Johnson told CoinDesk that its new platform addresses issues that stymie institutional crypto shorts. Many large-scale investors could not short cryptocurrencies as rapidly as they might short an equity…

feature Malta-based cryptocurrency exchange Binance has an ambitious mandate for its 400 employees in 2019: leverage industry partnerships to diversify the brand beyond its primary trading platform. Trust Wallet, which Binance acquired last summer, recently joined the Foundation for Interwallet Operability (FIO), CoinDesk has learned. The coalition includes the exchange ShapeShift, and wallet startups BRD…

Coinbase (COIN) beat analysts' estimates for fourth-quarter earnings and revenue, as the U.S.-based cryptocurrency exchange benefitted from soaring crypto prices.It earned $1.04 per share, beating the average analyst estimate of $0.02 per share, according to FactSet data. Revenue of $953.8 million also exceeded the analyst forecast of $826.1 million, the company said in a statement.Crypto

Oct 28, 2020 at 13:46 UTCOverstock CEO Jonathan Johnson(CoinDesk)Overstock’s Medici Ventures Invests $8M in Blockchain Firm BittMedici Ventures has completed an $8 million equity purchase in Barbados-based Bitt, bringing it a controlling interest in the blockchain firm.Medici’s latest investment will help it chase market opportunities around the adoption of digital currencies in developing countries, the…

Nov 27, 2019 at 19:20 UTCUpdated Nov 27, 2019 at 19:20 UTCProtestors in Baabda, Lebanon, Nov. 13 2019. Image via Shutterstock.Bitcoiners in the U.S. might dread talking to their relatives about the crypto market on Thanksgiving. Instead of discussing price volatility, they may consider sharing insights from Lebanese users about what they’re thankful for this…

U.K. restrictions on crypto promotions are set to take effect in October.Firms could apply for extra time until January to make technical changes, though the Financial Conduct Authority still intends to take enforcement action against overseas or unregulated firms.U.K. crypto firms could be given an extra three months to implement rules intended to curb aggressive

news Compared with bitcoin, people in the U.S. don’t trust Facebook’s anticipated new stablecoin Libra, according to a new survey. In the poll of 1,799 U.S. adults carried out since Facebook’s white paper launch in mid-June, consumer insights provider CivicScience found that, of those that expressed a view, just 2 percent felt they would trust Libra…