SEC Subpoenas Another Firm Following Claimed Blockchain Pivot

news The largest crypto exchange by volume is making its U.S. debut next week. Binance.US said today that the platform will open registration and deposits on September 18. According to a company blog posting, the launch will initiate a rollout of multiple Binance products across the U.S. After registration, six cryptocurrencies will be available for…

Other participants in the round were Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle EcoFund. NPC Labs said it plans to use the proceeds to act as a core contributor to B3.fun, an ecosystem that looks to build Web3 games on Base. NPC Labs, a developer looking to build a GameFi ecosystem on the Base

Institutional customer funds locked on crypto custodian Cobo’s Argus protocol crossed $100 million within one week of its release, CEO Discus Fish told CoinDesk.The firm allows institutional users, such as banks, asset managers, crypto funds and mining pools, to safely store token holdings and engage in decentralized finance (DeFi) activities.Cobo released the Argus version 2…

Jun 16, 2020 at 11:00 UTCCEO Mason Borda (right) and CTO James Poole (left) at work. (Credit: Tokensoft)Tokensoft, a digital securities platform for enterprises and financial institutions, has partnered with New York-based Signature Bank in a bid to make security tokens click for real estate investors. Most platforms for trading security tokens consist of alternative…

India's central bank has reportedly formed a new unit within the organization to tackle research and regulatory frameworks for new technologies including blockchain, cryptocurrency, and artificial intelligence. According to a report from the Economic Times on Monday citing sources familiar with the matter, the Reserve Bank of India (RBI) launched the new unit about a…

Sep 24, 2020 at 12:09 UTCPaul Brodsky (CoinDesk archives)Ex-Pantera Partner’s New Crypto Fund Is ‘Not for the Faint of Heart’Paul Brodsky, a former partner at storied crypto investment firm Pantera Capital, has left to launch a hedge fund aimed at volatility plays across cryptocurrencies and traditional assets.Brodsky’s new fund, PostModern Partners, will open in 2021…

Oct 26, 2020 at 05:28 UTCUpdated Oct 26, 2020 at 05:44 UTCA possible exploit in decentralized finance (DeFi) protocol Harvest Finance has sent the platform’s native token, FARM, tumbling by 65% in less than an hour, according to CoinGecko.According to reports surfacing early Monday, upwards of $25 million in value has been drained from Harvest…

news The head of the technology department at the People’s Bank of China (PBoC) has called for commercial banks to adopt blockchain technology in digital finance. As reported by Reuters, bank official Li Wei spoke Monday at a forum in Shanghai on commercial bank adoption. The central bank is already currently developing its own digital yuan…

Crypto mining rig maker Bitmain appointed Zhou Feng as its legal representative and general manager, the company said in a WeChat post.Zhou was a key deputy to Bitmain co-founder Zhan during a battle for control of the world’s biggest crypto mining machine manufacturer between Zhan and co-founder Wu Jihan. Zhan will continue to serve as…