Swedish Bank Inks Deal to Offer Crypto Fund Trading
A blockchain startup based in Sweden, has signed a software license agreement with a local bank to deliver a crypto fund trading service.
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Bitcoin Back Over $8K as Traditional Markets Rebound
Mar 10, 2020 at 11:39 UTCUpdated Mar 10, 2020 at 11:43 UTCBitcoin is witnessing a recovery rally alongside the traditional finance markets a day after slumping to two-month lows. The top cryptocurrency by market value is currently trading near $8,070, representing a 5 percent gain on lows near $7,640 registered on Friday, according to CoinDesk's…
Bitcoin News Roundup for June 5, 2020
It’s bulls on parade as analysts see upward momentum for bitcoin. Here’s CoinDesk’s Markets Daily Podcast. This episode is sponsored by Bitstamp and Ciphertrace For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. DisclosureThe leader in blockchain news, CoinDesk…
Solana Meme Coin Factory Pump.Fun Compromised by ‘Bonding Curve’ Exploit
The Solana blockchain's red-hot meme coin factory Pump.Fun descended into chaos Thursday at the hands of an exploiter who compromised the tech central to its issuance of joke cryptocurrencies."We are aware that the bonding curve contracts have been compromised and are investigating the matter," the months-old project's Twitter account announced two hours into the chaos.
Binance.US Not Playing Ball With Probe, SEC Says, As Focus Turns to Custody Arm Ceffu
Binance.US continues to rely on a custody provider provided by the company’s international arm, in violation of a previous deal, the SEC has said.The crypto exchange says regulators assets are safe and that regulators are merely engaged on a “futile fishing expedition."Binance.US has been accused of not cooperating in a probe by the Securities and
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
GK8, which was acquired by Galaxy Digital just over a year ago, has entered the tokenization sector with a self-custody offering.The company offers a patented flavor of cold storage, a process of creating, signing and sending messages to the blockchain without ever being connected to the internet.The first client to use the Tokenization Wizard will
Jump Crypto Backs $5M Round for Bitcoin Wallet Xverse
Bitcoin Web3 wallet Xverse has raised $5 million in a seed round led by noted industry investor Jump Crypto. The new funding will help the company accelerate development of advanced features related to decentralized finance (DeFi) and Stacks, Lightning and other Bitcoin scaling solutions.Hong Kong-based Xverse supports Ordinals, a method of generating non-fungible tokens (NFT)…
Roger Ver–Backed CoinFlex Exchange Is Taking Aim at BitMEX Futures Market
news A cryptocurrency exchange claiming to settle bitcoin futures contracts physically just landed $10 million in financing from Polychain Capital and Bitcoin.com chairman Roger Ver, among others. The exchange, CoinFlex, launched in February of this year and says it is the first exchange to close futures contracts in bitcoin as opposed to a cash settlement. Speaking…
Ethereum Layer 2s Could Rocket to $1T Base Valuation by 2030, VanEck Says
Investment firm VanEck predicts Ethereum layer 2 networks to be valued at over $1 trillion by 2030 but remains “generally bearish” on the long-term prospects of several such networks.The firm evaluated 46 layer 2 networks across five key areas and predicted “thousands” of rollups to eventually emerge. Arbitrum is the most extensive ecosystem, with over