Spoiler Alert: Kurt Russell’s ‘Crypto’ Movie Isn’t Crypto, It’s Just Really Bad

"We kicked their ass enough that they're actually able to recognize that Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance. "Binance has been fairly successful ... whether it's about how they circumvent controls or identifying the different entities or types of identification that they try to…

Ethena Labs has proposed to the USDe community that SOL be added to its mix of collateral. USDe is unique insofar that it maintains $1 peg with collateral, hedged trades, and risk-managed reserves. Ethena Labs, the entity responsible for developing and maintaining USDe, has proposed bringing onboard (SOL) as part of the synthetic stablecoin's mix

Oct 23, 2020 at 16:16 UTCBlockchain Bites: China’s Tether Crackdown, CME’s Bustling Bitcoin Markets, Kin’s ‘Active Development’Chinese officials are cracking down on tether trades. The CME bitcoin futures exchange is heating up, signalling institutional interest. And Kik’s kin token will continue development following a $5 million SEC settlement. Top shelfRipple, across the pondRipple CEO Brad Garlinghouse…

Sanctions are an effort to throw the weight of the U.S. dollar around to tamp down on activities the U.S. government thinks may be harmful – like money laundering to fund terror groups or rogue nations. The New York Federal Reserve thinks they had a real effect in crypto. You’re reading State of Crypto, a

This article originally appeared in First Mover, CoinDesk's daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin has rallied 11.5% in 24 hours, printing highs near $57,000 for the first time since late 2021. Traders from Bitfinex led the charge, snapping up

Apr 14, 2020 at 13:00 UTCUpdated Apr 14, 2020 at 13:15 UTCSTAKING SERVICES: Bison Trails helps provide additional security features to Coinbase Custody’s existing storage services, CEO Joe Lalloz said. (Credit: CoinDesk archives)Coinbase Custody is launching staking support for holders of Polkadot's DOT tokens with the help of blockchain infrastructure firm Bison Trails.Announced Tuesday, the…

Dec 11, 2020 at 3:08 p.m. UTCUpdated Dec 11, 2020 at 3:33 p.m. UTCStockholm, Sweden(CoinDesk archives)Sweden Considering Whether to Switch to the E-Krona: ReportSweden’s government is considering the adoption of a central bank digital currency, the e-krona, according to a Bloomberg report.Sweden’s financial markets minister, Per Bolund, said the Riksbank finance committee has launched a…

Feb 6, 2020 at 14:15 UTCUpdated Feb 6, 2020 at 14:21 UTCICE CEO Jeffrey Sprecher said Bakkt's pending acquisition of Bridge2 Solutions will help it offer consumers access to crypto and loyalty points through a single app. (Image via CoinDesk archives)Bakkt’s acquisition of a loyalty rewards company will “expand Bakkt’s presence across an asset class…

Jan 12, 2021 at 2:04 p.m. UTCUpdated Jan 12, 2021 at 2:47 p.m. UTCBitcoin just suffered its biggest price meltdown since March 2020, but market activity is bustling. (Pixabay, modified by CoinDesk)First Mover: Market Signs Look Healthy as Bitcoin Sell-Off SubsidesBitcoin (BTC) was down for a fourth straight day, though changing hands well above Monday’s…