This Week’s Bitfinex-Tether Allegations Explained

news Securitize, a firm that enables the issuance and management digital securities, announced its tenth on-chain digital asset. The Curzio Equity Owners’s (CEO) token represents an equity stake in the financial publishing analytics firm Curzio Research’s newsletter business. The token presents a path to invest in a “scalable, high-margin industry that is normally difficult for…

JPYC, the issuer of a Japanese yen-pegged stablecoin, has raised ¥500 million (about $4.43 million) in a Series A round led by Headline Asia with participation from Circle’s Circle Ventures fund in the latter’s initial capital deployment.Tokyo-based JPYC issues the stablecoin as a prepaid payment instrument in Japan. The company plans to use the funding…

The trader had operated a registered digital currency exchange, but said he was unable to continue operating without banking services. Jan 18, 2021 at 12:05 p.m. UTCAustralian Bitcoin Trader Takes Banks to Tribunal After Sudden Account ClosuresA cryptocurrency trader in Australia is seeking 250,000 Australian dollars (US$192,000) in compensation from two banks claiming he was…

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.Ripple Labs scored a partial victory in its fight with the U.S. Securities and Exchange Commission (SEC) in a court ruling that brought a modicum of regulatory clarity…

It’s been a bit of a choppy ride for the cryptocurrency market this past quarter, coming off a strong first quarter. Over the past three months, the CoinDesk Market Index (CMI), which spans over 90% of the crypto market capitalization, appreciated 2.2%, while both bitcoin (BTC) and ether (ETH) outperformed the broad benchmark, posted a…

In addition to the higher seed money, Zhu Haokang also took note of the availability of in-kind subscriptions and redemptions as well as the regulatory clarity in Hong Kong that allowed a spot ether ETF before one was available in the U.S. Also participating in the briefing was Wayne Huang, head of ETF and custody

Cathie Wood's ARK Invest sold about $5.26 million of Coinbase (COIN) shares Monday as the crypto exchange climbed to a 19-month closing high.The Ark Fintech Innovation exchange-traded fund's (ETF) sale of 43,956 shares took place on the day COIN reached $119.77 on the Nasdaq market, the highest closing price since April 2022. The sale is

Oct 23, 2020 at 19:00 UTC(fatido/iStock via Getty Images Plus)Why Fiats Are Failing in 2020From Brazil to Argentina to Turkey, bitcoin priced in local currencies is reaching all time highs. But is this a story of bitcoin succeeding, fiat failing or both?For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe…

A decade after launching its first Android device, global consumer tech giant HTC is officially releasing its first blockchain-enabled phone. The early-access version of the HTC Exodus is now available for pre-order, the company announced Tuesday, and must be purchased with cryptocurrency. Dubbed the EXODUS 1, the device can only be bought using bitcoin or…