The Investor’s Perspective on the Bitcoin Taproot Upgrade

The U.S. Commodity Futures Trading Commission (CFTC) proposed a rule change Friday on how customer funds should be invested by firms the agency oversees – futures commission merchants (FCMs) and derivative clearing organizations (DCOs).But while crypto derivatives platform LedgerX – the former FTX subsidiary acquired in the bankruptcy by Miami International Holdings, Inc. (MIH) –

Binance CEO Richard Teng called on the Nigerian government to release Tigran Gambaryan, head of the crypto exchange's Financial Crime Compliance team, who flew to the country in February for talks on regulatory supervision."As you may be aware, one of our beloved colleagues, Tigran Gambaryan, continues to be held by the government in Nigeria for

news Andreessen Horowitz’s cryptocurrency fund A16z Crypto and venture capital firm Polychain Capital have invested $25 million in cryptocurrency payments startup Celo. Celo announced Tuesday that the two investors have purchased $15 million and $10 million in the project’s Celo Gold tokens, respectively. The token-based funding effort also saw participation from “several other leading institutions”…

Coinbase (COIN), the biggest U.S. crypto exchange, is arguing that a recent proposal from the U.S. Internal Revenue Service (IRS) will endanger the industry and Americans’ privacy.The IRS had proposed a rule recently to formally define crypto brokers and instruct them on how they and their customers can properly pay taxes. But Coinbase said in

Jun 29, 2020 at 07:28 UTCUpdated Jun 29, 2020 at 07:34 UTC(Chris Liverani, Unsplash)Crypto Long & Short: What Trends in Volatility Could Mean for BitcoinBy this stage, pretty much everyone knows that bitcoin’s volatility is well above that of equity markets. This is still true, even after the ructions of March. What is less well-known…

Apr 23, 2020 at 16:38 UTCUpdated Apr 23, 2020 at 17:43 UTCBakkt President Adam White will stay on in his role. (Credit: CoinDesk archives)Bakkt CEO Mike Blandina is stepping down from his role, an individual familiar with the situation told CoinDesk.He will be replaced by David Clifton, vice president of M&A and integration at Bakkt…

Jan 8, 2020 at 09:45 UTCUpdated Jan 8, 2020 at 09:52 UTCMalta-based cryptocurrency exchange Binance has added a flurry of new fiat funding options since New Year, including Faster Payments for U.K. pounds-bearing customers.The company announced Wednesday that the addition comes via a new partnership with fiat-to-crypto payments provider Banxa, which also allows the firm…

news The U.S. Federal Bureau of Investigation (FBI) is hunting for evidence of insider trading and securities fraud relating to the 2017 blockchain pivot of then-beverage firm Long Island Iced Tea (LTEA). According to a search warrant request, first reported by Quartz, the FBI is seeking to gain access to encrypted messages held on a phone…

Oct 21, 2020 at 15:00 UTCUpdated Oct 21, 2020 at 15:05 UTCUSDC Is Coming to Solana Blockchain in Potential Boost for Non-Ethereum DeFiThe Coinbase- and Circle-backed CENTRE Consortium announced support for its USDC stablecoin on the Solana blockchain Wednesday, marking the dollar-backed asset’s fourth blockchain integration, after Ethereum, Algorand and Stellar, announced barely a week…