You Can Now Get Paid (A Little) For Using Bitcoin’s Lightning Network
Lightning nodes are making money – albeit not much – displaying the potential for a growing fee market on the layer two tech.
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DeFi Daily Volume Dwindles to 7-Month Lows as Sector Endures Downswing
The decentralized finance (DeFi) sector has endured a troubling month due to plummeting transaction volume and a series of hacks and exploits.On Sunday, the entire DeFi market racked up just $1.12 billion in transactional volume, marking the lowest daily total since January 1, according to DefiLlama.Total value locked (TVL), which measures the amount of capital…

SOL, XPR Could Be Possible Candidates for ETFs, Standard Chartered Says
Standard Chartered says Solana and Ripple’s XRP could be next in line to become spot ETFs.This won’t likely happen until 2025, analyst Geoffrey Kendric wrote in a note.With the approval of an important filing in the race to launch a spot ether (ETH) exchange-traded fund (ETF), industry leaders are already wondering which cryptocurrency could be

An Extortion Gone Bad: Inside Binance’s Negotiations With Its ‘KYC Leaker’
news The Takeaway Prior to publishing details about real Binance customers online Wednesday, a hacker operating under the pseudonym “Bnatov Platon” had a month-long conversation with CoinDesk reporters. In the talks, Platon revealed how he allegedly hacked individuals behind an earlier hack in which 7,000 bitcoin was stolen from the world’s largest exchange. Platon claimed…

$180M Bitcoin Trust Completes Canadian IPO, Fully Invested on First Day
Jan 29, 2021 at 10:45 p.m. UTCUpdated Jan 29, 2021 at 10:51 p.m. UTC$180M Bitcoin Trust Completes Canadian IPO, Fully Invested on First DayCanadian investment firm Ninepoint Partners completed the C$230 million (US$180 million) initial public offering of its cryptocurrency fund which is now fully invested.Ninepoint Partners bitcoin fund started trading on Wednesday was over…

40-Strong Blockchain Insurance Group B3i Appoints CEO
news Insurance industry blockchain group B3i, which is now building DLT solutions for some 40 member firms, has appointed John Carolin as chief executive officer. Carolin, who joined B3i as chief financial officer in March 2018, had served as interim CEO since March of this year. B3i began life back in October 2016 as a…

Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Govt. Report
Crypto firms were amongst the sectors that posed the greatest money laundering risk, according to a U.K. government report.The country has been trying to tackle crypto crime lately, and the police have stationed crypto tactical advisors across the country.Crypto firms, alongside retail banking, wholesale banking and wealth management, posed the greatest risk of being exploited

Bitcoin Is Up 70% a Year After FTX Debacle, but ‘Alameda Gap’ in Liquidity Persists
On Nov. 2, 2022, CoinDesk published an award-winning story, setting in motion a chain of events that led to the quick collapse of the now-convicted Sam Bankman Fried's FTX crypto exchange, formerly the world's third largest, and its sister concern, Alameda Research.Bitcoin (BTC), the largest cryptocurrency by market value, bottomed out in the same month.

Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana’s SOL Leads Altcoins
Bitcoin hit a one-month high at $66,700, up 4% over the past 24 hours. Solana rose 8%, topping $170 for the first time since early June. Crypto observers highlight the resiliency of decentralized blockchains as a malfunctioning software update caused worldwide disruptions in IT systems. The crypto rally resumed on Friday with bitcoin (BTC) notching