True Life: I’m a Bitcoin

Bankrupt crypto lender Celsius is suing liquid staking platform StakeHound over the platform's alleged failure to return $150 million worth of ether (ETH), Polygon's MATIC, Polkadot's DOT, and other tokens.According to court filings, Celsius entrusted StakeHound with 25,000 staked native ETH, 35,000 native ETH, 40 million MATIC, and 66,000 DOT in 2021. Celsius exchanged the…

Jan 15, 2020 at 14:40 UTCUpdated Jan 15, 2020 at 15:12 UTCTrading platform Uphold has added pound sterling support, meaning users can trade cryptocurrencies via payments from U.K. bank accounts.The new connectivity launched into beta Wednesday and is expected to become publicly available on Jan. 21. Near-instant transfers will soon also be enabled through the…

news BitGo is processing more than 20 percent of bitcoin transactions, the company said at CoinDesk’s Invest: NYC conference today. The announcement by the crypto custodian and issuer of hot and cold storage wallets means that a sizable share of on-chain transactions pass through its services, a sign of consolidation, and power, in the crypto…

news The Republic of Burundi, a landlocked African nation, banned all cryptocurrencies within its borders. According to a statement made by the Bank of the Republic of Burundi, the country’s central bank, the measure was taken as an act of consumer protection. “These virtual currencies are traded on unregulated online platforms around the world, and…

Zodia Custody, a cryptocurrency storage provider backed by Standard Chartered (STAN), is joining Ripple-owned custody specialist Metaco's network, which is designed to handle the safekeeping and settlement of digital assets for institutions around the world, the firms said on Monday.Crypto storage and settlement networks, where the assets remain in custody to remove counterparty risk, are

Dec 3, 2020 at 8:47 p.m. UTCUpdated Dec 3, 2020 at 9:02 p.m. UTCCommissioner Jay Clayton speaks at a 2019 FinHub event.(SEC)SEC Makes FinHub a Stand-Alone OfficeThe U.S. Securities and Exchange Commission’s (SEC) fintech hub is getting an upgrade.Strategic Hub for Innovation and Financial Technology, or FinHub for short, will become a stand-alone office with…

MARA holdings announce a private offering of $700 million in convertible senior notes due 2030. MARA intends to use up to $200 million of the proceeds to repurchase a portion of its outstanding 2026 convertible notes. The offering includes an option for purchasers to acquire an additional $105 million in notes. 01:01 Bitcoin Breaks $64K

markets View Bitcoin has charted a so-called death cross with recent the drop to $7,400. The bearish cross comes as a result of the 47 percent slide from the 2019 high of $13,800, and as such is a lagging indicator. Historical data shows BTC tends to bottom out after a death cross. The cryptocurrency has…

Feb 4, 2020 at 17:00 UTCUpdated Feb 4, 2020 at 17:23 UTCConsenSys founder Joseph Lubin speaks at Consensus 2019, photo via CoinDesk archivesEthereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday its latest restructuring would shrink the firm's headcount by approximately 14…