State Street Insiders Split Over Key Blockchain Use Case

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news A Korean crypto exchange, Coinone, has been ordered to pay compensation for losses resulting from a hack of a customer account. While seen as precedent-setting, the ruling from the Seoul Southern District Court on Sept. 27 found Coinone only partly responsible and ordered an award far less than the damages the plaintiff had sought.…

Deus X Capital today launched decentralized finance business Solstice Labs. The company's first project will be a protocol that offers all investors enhanced yield opportunities. The protocol will be built on the Solana ecosystem and is expected to go live in early 2025. 04:41 Is DeFi Summer Making a Comeback? 00:57 Crypto Hacks Totaled $19B

Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Jenny JohnsonPresident and CEOFranklin TempletonJenny will discuss developing crypto-linked investment products in a bear market, the mood among her clients and her lon...Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe.…

news South Korean crypto startup Bithumb is launching an “exchange-as-a-service” platform based on its new blockchain. Announced Wednesday, the exchange said Bithumb Chain will allow users and developers to build decentralized finance (DeFi) applications on the open source blockchain network, which it hopes will act as the backbone to a new financial ecosystem. The company…

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 continued its subdued start to the week, having traded below $26,000 for the past 24 hours. BTC held between $25,500 and $25,750 during the Asian

An Australian state government has awarded $100,000 to a crypto travel company in an effort to bolster its tourism industry.

news With Facebook’s Libra cryptocurrency potentially posing a threat to traditional money on various fronts, China’s central bank could hasten development of its own digital cash, according to a People’s Bank of China (PBoC) official. Speaking at an event at Peking University’s Institute of Digital Finance earlier on Monday, Wang Xin, head of the research bureau at…

After years of grandstanding on crypto, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has finally put skin in the game.The crypto-skeptic regulator – who over the course of his tenure has insinuated that proof-of-stake tokens are securities, intimated that all crypto exchanges are illegal enterprises and implied that all but one cryptocurrencies are…