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Amitoj Singh @ CoinDesk · 06/20/2024 01:11 EDT

Binance Fined $2.2 Million by India’s Financial Intelligence Unit

Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules, India's anti-money laundering unit announced Thursday. Read more

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CoinDesk
Bradley Keoun @ CoinDesk · 06/19/2024 13:56 EDT

The Protocol

In this week's abbreviated issue of The Protocol, we're chronicling the apparent doxing of 'Pharma Bro' Martin Shkreli as the driver behind the recently-but-no-longer mooning $DJT token, plus the SEC's apparent retreat on probing the Ethereum developer Consensys. Read more

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CoinDesk
Felician Stratmann @ CoinDesk · 06/19/2024 12:51 EDT

Why You Should Diversify Your Digital Asset Portfolio

Institutions need to broaden their holdings of crypto holdings in order to capture the full range of innovation in the market, says Felix Stratmann, head of research at Outerlands Capital. Read more

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CoinDesk
Santiago Velasco @ CoinDesk · 06/19/2024 12:16 EDT

Crypto's Long-Tail Disruptive Trends

Interoperability between blockchain networks. Restaking. EVMs. Some major trends giving digital assets markets a lift in the new cycle, Santiago Velasco, Senior Trader, Nonco. Read more

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CoinDesk
Jesse Hamilton @ CoinDesk · 06/19/2024 12:00 EDT

Jump Crypto Adds $10M to Industry's U.S. Political War Chest, Raising PAC to $169M

Jump Crypto put another $10 million into the U.S. political action committee (PAC) that's seeking to rush as many pro-crypto members into Congress as possible to achieve legislation the industry is after, a spokesman for the PAC confirmed. Read more

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CoinDesk
Aoyon Ashraf @ CoinDesk · 06/19/2024 11:22 EDT

Kraken Says Hackers Turned to 'Extortion' After Exploiting Bug for $3M

The bug found by a "security researcher" led to $3 million stolen from Kraken's treasuries. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 06/19/2024 10:37 EDT

German Government Agency Moves $425M Bitcoin, Some to Crypto Exchanges

Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 06/19/2024 09:00 EDT

Marathon's Layer-2 Chain, Anduro, Plugs In 'Portal to Bitcoin' for Atomic Swaps

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a "platform built on the Bitcoin network that allows for the creation of multiple sidechains." Read more

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 06/19/2024 08:06 EDT

First Mover Americas: Ether, Meme Coins Lead Recovery While Bitcoin Remains Subdued

The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 06/19/2024 07:19 EDT

Bitcoin Whales Sold Over $1B BTC in Past Two Weeks: CryptoQuant

The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows. Read more

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CoinDesk
Omkar Godbole @ CoinDesk · 06/19/2024 07:12 EDT

Elevated Ether Volatility Expectations May Be Unfounded

The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin. Read more

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CoinDesk
Ian Allison @ CoinDesk · 06/19/2024 06:16 EDT

National Australia Bank’s Venture Arm Invests in Crypto-Focused Zodia Custody

NAB Ventures made an undisclosed investment in Zodia Custody, which is also backed by Standard Chartered, Northern Trust and SBI Holdings. Read more

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CoinDesk
Will Canny @ CoinDesk · 06/19/2024 06:00 EDT

Bitcoin, Crypto-Related Stocks Are Ripe for Institutional Adoption: Bernstein

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said. Read more

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CoinDesk
Nikhilesh De @ CoinDesk · 06/19/2024 04:59 EDT

SEC Ends Probe Into Consensus, Won't Sue Over Ethereum

The U.S. regulator closed its investigation into "Ethereum 2.0," Consensys said. Read more

3

CoinDesk
Omkar Godbole @ CoinDesk · 06/19/2024 04:43 EDT

Meme Coins and Macro: U.S. Credit Card Holders Most Stressed Since 2012

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk 3 place · 06/19/2024 04:00 EDT

Martin Shkreli Says He is Behind Trump-Linked DJT as ZachXBT, GCR Start Poking Around

The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance. Read more

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CoinDesk
Amitoj Singh @ CoinDesk · 06/19/2024 03:21 EDT

IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund's (IMF) has said. Read more

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CoinDesk
Nikhilesh De @ CoinDesk · 06/19/2024 01:30 EDT

Patrick McHenry Explains FIT21's Passage

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and will leave office when his term expires this coming January. He spoke virtually at Consensus... Read more

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29.11.2024 07:40
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