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Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours.
Grayscale CEO Barry Silbert made the announcement via tweet late Thursday evening, shortly after his company posted an update to its digital asset...
Call it Crypto Lite – for now.
Fintech giant PayPal confirmed its long-awaited move into digital assets Wednesday, offering its 346 million users the chance to buy, hold and sell bitcoin, bitcoin cash, ether and litecoin, with the blessing of New York state regulators.
While...
This week saw more exchange drama rock the crypto markets.
OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently...
OKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.” OKEx’ CEO later said the investigation is due to...
Coinbase’s chief compliance officer (CCO), Jeff Horowitz, is leaving the firm after two years.
First reported by The Block, Horowitz joins at least 60 other employees in leaving the exchange – roughly 5% of the company's headcount.
The majority of those departures come in...
This week the U.K.’s Financial Conduct Authority (FCA), which regulates the country’s financial services, issued a ban on the sale of crypto derivatives and ETNs to retail investors.
While this may not seem particularly material to crypto asset markets overall – U.K. retail...
The Netherlands has imposed tight regulations related to EU anti-money laundering laws.
The central bank of the Netherlands, De Nederlandsche Bank NV (DNB), has granted AMDAX BV the ability to operate under its jurisdiction.
This marks the first time a digital asset company...
Colleges and universities – from small, local schools to elite research heavyweights – perform a number of vital functions in American society. These institutions, because of their size and resources, are often fertile ground for new technologies and research advancements.
...
Since the formal introduction of Ethereum in 2014, the network has exploded with products that allow users to transact directly with one another, without relying on a third party.
One of the most common use cases is that of a decentralized exchange (DEX), an idea that dates back to...
The cryptocurrency and Asian stock markets sold off early Friday after U.S. Pres. Donald Trump announced he and his wife had tested positive to COVID-19.
In a tweet on Friday, Trump said he and First Lady Melania Trump had tested positive for COVID-19 and would begin their quarantine...
Coinbase CEO Brian Armstrong sent his employees a letter telling them to get in line with a new company “culture shift,” offering those unwilling to do so a “generous separation package.”
Armstrong sent the letter, which CoinDesk obtained, to Coinbase employees on Wednesday,...
An unsurprising statement from a financial regulator is sending some welcome signals that point to a spurt of innovation ahead.
The U.S. Office of the Comptroller of the Currency (OCC) issued a statement earlier this week saying that national banks can provide services to stablecoin...
When Twitter and Square CEO Jack Dorsey spoke at the virtual Oslo Freedom Forum 2020 on Friday, he said blockchain technology is the future of Twitter.
“Blockchain and bitcoin point to a future, point to a world, where content exists forever,” Dorsey said. “We’re not in the...
The first exchange-traded fund (ETF) to broadly track the digital asset market has been accepted to list on the Bermuda Stock Exchange (BSX).
BSX announced last week the Hashdex Nasdaq Crypto Index ETF had been admitted to list on its trading platform.
The ETF is the...