Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

Jan 29, 2020 at 18:00 UTCUpdated Jan 29, 2020 at 18:30 UTCCoinbase Chief Product Officer Surojit Chatterjee (left) poses with CEO Brian Armstrong. (Courtesy photo)Coinbase has hired a former vice president of product at Google to be its chief product officer. Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce.…

Jul 22, 2020 at 18:41 UTCBlocknative claims to have identified a sophisticated heist. (Jason Pofahl/Unsplash)Mempool Manipulation Enabled Theft of $8M in MakerDAO Collateral on Black Thursday: ReportThe Takeaway: A company that keeps data on Ethereum mempools around the world, Blocknative, may have an explanation for the $8 million attack on MakerDAO on Black Thursday.Mempools are…

Bitcoin (BTC) tumbled about 6% from its new all-time high on Tuesday as heavy selling on crypto exchanges capped the price surge beyond $69,000.The order book on crypto exchange Binance showed large sell orders clustered at higher price levels, with over 300 BTC, worth about $20 million, to be sold at $69,000 and more than

Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Alex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Glenn C Williams Jr, CMT is a Crypto Markets Analyst with an initial background in traditional finance. His experience…

news In a dramatic bit of stagecraft, BitMEX has finally released the “tapes” from its so called Tangle In Taipei, a July 3 debate between CEO Arthur Hayes and NYU Professor and so-called Dr. Doom, Nouriel Roubini. It even comes with dramatic fight music. The debate was about security and scalability where Hayes calls for…

Nov 13, 2020 at 9:53 a.m. UTCUpdated Nov 13, 2020 at 10:00 a.m. UTCAlgorand-Backed Axelar Raises $3.75M in Seed Funding to Help Blockchains CommunicateAxelar, a decentralized protocol designed by the founding members of Algorand to allow cross-blockchain communication, has raised $3.75 million in seed funding.Announced Thursday, the round saw participation from investors including Binance X,…

news Germany’s federal finance minister has come out in support of digitizing the euro, but is against private currency projects like Facebook’s Libra. Speaking with local business news source Wirtschafts Woche, Minister Olaf Scholz said he remains “very, very critical” of Libra. However, an e-euro would be good for Europe’s financial system, particularly in the wake of…

Parikshit Mishra is CoinDesk's Deputy Managing Editor responsible for breaking news coverage. He does not have any crypto holdings.Bankrupt Canadian crypto exchange QuadrigaCX will start the interim distribution for some users, said EY, which is acting as the trustee for the firm's estate.In the coming week, EY will post the procedure for QuadrigaCX's users to…

Jun 24, 2020 at 16:38 UTCNew York City's Financial District (Brandon Jacoby/Unsplash)Blockchain Bites: BitLicense at 5, Lawsky’s Fallacy and Hehmeyer’s PivotToday marks five years of the BitLicense, the controversial crypto safety rail enacted by New York State’s top financial watchdog. In half a decade only 25 licenses have been doled out, including two to a…