Stellar Cryptocurrency Lives Up to Name With 40% July Gains

In crypto – especially in the category of blockchain interoperability – we think a lot about fragmented currencies: ETH providing security across multiple layer-2s; USDC in multiple, non-fungible wrapped versions (abcUSDC, xyzUSDC). So-called real-world assets also experience similar fragmentation: a dollar in your pocket is not the same as a dollar in the bank.Take gift

Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.OPNX, a bankruptcy claims exchange set up by the founders of collapsed hedge fund Three Arrows Capital (3AC), has been formally reprimanded by Dubai's crypto regulator for operating an unregulated exchange, according to an official notice.The letter…

Jan 23, 2020 at 03:24 UTCUpdated Jan 23, 2020 at 03:32 UTCU.S. District Court for the Southern District of New York image via elbud / ShutterstockLaw Firm Representing Quadriga’s Ex-Users Want Info About ‘Shadow Bank’ Crypto CapitalMiller Thomson, the court-appointed legal counsel for former users of the QuadrigaCX cryptocurrency exchange, is asking for help identifying…

NEWS Malaysian banking group CIMB has joined Ripple’s blockchain-based payments network, RippleNet, seeking faster cross-border payments. A strategic partnership between the firms addresses the need for “speedy and cost-efficient international payments” across the ASEAN (Association of Southeast Asian Nations) region, Ripple said Wednesday. Specifically, Ripple’s blockchain-based solution has been deployed to expand CIMB’s existing proprietary remittance system,…

markets A bitcoin price indicator is about to turn bullish for the first time since the early stages of the 2016-17 bull market. The 50-candle moving average (MA) on bitcoin’s three-day chart is in a solid upward trajectory and looks set to cross above the 200-candle MA in the next few days. That would be…

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Hardware wallet maker Ledger announced that it is integrating with Coinbase, allowing Ledger users to buy digital assets using the crypto exchange's Coinbase Pay as an on-ramp.Bringing Coinbase Pay into the Ledger Live app is supposed to benefit Ledger users, according to a press release seen by CoinDesk, making it easier for users to receive

Oct 12, 2020 at 19:22 UTCUpdated Oct 12, 2020 at 19:33 UTCDecentralized Governance in the Wild – Lessons From the KuCoin HackBlockchain-based networks provide a unique and unprecedented opportunity to experiment with new forms of organization – both organization of information and software processes as well as governing human action. But nobody ever said creating…

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 StoriesVolatility, or the degree of price turbulence, in bitcoin (BTC) remains suppressed, consistent with the calm in U.S. stock and bond markets. The low volatility will