Volumes Surge on Turkey’s Crypto Exchanges as Lira Tanks

A dog-themed meme token may have just resurrected sales of Solana’s Saga phone – with some now selling for as much as $5,000 after earlier being deemed a “failure” by its makers.Several Saga phones on online marketplace eBay (EBAY) have been sold for upward of $2,000 apiece, site data shows. Most of these phones are

Namibia's government is set to designate a regulatory authority to oversee the virtual asset industry after moving its virtual assets bill into law Friday.The Namibia Virtual Assets Act 2023 aims to help the south African country designate a regulatory authority to regulate and supervise virtual asset service providers and related activities. It is also supposed…

Feb 26, 2020 at 19:41 UTCUpdated Feb 26, 2020 at 20:32 UTCDante Disparte. (Image via CoinDesk archives)Prime Broker Tagomi Becomes 22nd Member of Facebook’s Libra AssociationCrypto prime brokerage service Tagomi is joining the Libra Association, becoming the 22nd member and the second to join since the group was formally founded in October 2019.According to TechCrunch,…

Binance executive Tigran Gambaryan is suspected of having Malaria, a family spokesperson told CoinDesk.The U.S. citizen has been in a Nigerian jail for over two months on charges of money laundering and tax evasion.Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.Gambaryan collapsed in

Global payments giant PayPal (PYPL) is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), the company announced on Monday.The Ethereum-based token will soon be available to PayPal users in the U.S. and is the first time a major financial company is issuing its own stablecoin. Users can transfer PYUSD between…

Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.The number of non-fungible tokens (NFTs) tied to the Bitcoin blockchain surged above 3 million earlier this week after a one-day spike in activity that mainly consisted of text-based…

markets View Bitcoin’s bull run from April lows near $4,100 seems to have stalled, with buyers repeatedly failing to keep gains above $12,000 in the last six weeks. A high-volume weekly close (Sunday, UTC) above $12,000 is needed to revive the bull market. A bullish weekly close may remain elusive if the cryptocurrency finds acceptance…

Dec 1, 2020 at 2:00 p.m. UTCUpdated Dec 1, 2020 at 2:58 p.m. UTCDiem CEO Stuart Levey said the first stablecoin issued by the former Libra Association would be a dollar-backed token, which is pending FINMA approval.(Mark Wilson/Getty Images)Libra Rebrands to ‘Diem’ in Anticipation of 2021 LaunchThe Libra Association put together by Facebook last year…

On a Zoom call with traders in January, co-President Daniel Pinto suggested he was open-minded about bitcoin.Feb 12, 2021 at 1:00 p.m. UTCWall Street Embrace of Crypto Grows Closer as Employees Argue on Its Behalf: CNBCWall Street giants are facing increased pressure from their own employees about accepting bitcoin as a legitimate asset class, CNBC…