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Jesse Hamilton @ CoinDesk · 08/08/2024 13:03 EDT

Crypto-Friendly Bank Ordered by Fed to Limit Risks From Digital Asset Clients

Customers Bank, which has done business with several of the most prominent crypto firms, has been called out by the U.S. Federal Reserve for inadequately policing illicit activity, particularly with digital asset clients. Read more

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CoinDesk
Meredith Yarbrough, Sarah Morton @ CoinDesk · 08/08/2024 11:00 EDT

Crypto for Advisors: Bitcoin and Lending

Bitcoin’s emergence in collateral structures has the potential to revolutionize the lending landscape. Its ability to mitigate credit risk amid escalating uncertainties highlights its transformative power. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 08/08/2024 10:00 EDT

Gyroscope Rolls Out Yield-Bearing Version of Stablecoin Targeting Over 10% Yield

The Galaxy-backed stablecoin project aims to attract DAO treasuries to allocate in their new stablecoin. Read more

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 08/08/2024 09:36 EDT

CoinDesk 20 Performance Update: Index Rallies 7.1%, Led by XRP's 17.5% Gains

Ripple soared 17.5% while Solana climbed 8.9%, leading the index higher. Read more

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CoinDesk
Sam Kessler @ CoinDesk · 08/08/2024 09:00 EDT

Coinbase-Backed Vega Gets Into Prediction-Market Race, Chasing Polymarket

A major upgrade to Vega's blockchain and decentralized perpetuals exchange will allow users to bet on the outcomes of future events. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/08/2024 09:00 EDT

Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing

Algoz will use Zodia's Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency. Read more

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CoinDesk
Helene Braun @ CoinDesk · 08/08/2024 09:00 EDT

Franklin Templeton's Tokenized Money Market Fund Expands to Arbitrum

The $420 million OnChain U.S. Government Money Market Fund was previously available on Stellar and Polygon. Read more

3

CoinDesk
Margaux Nijkerk @ CoinDesk · 08/08/2024 09:00 EDT

NEAR Pushes 'Signatures' on Mainnet, in Growing Trend of Chain Abstraction

The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges. Read more

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 08/08/2024 08:02 EDT

First Mover Americas: Crypto Prices Little Changed, XRP Surges

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Oliver Knight @ CoinDesk · 08/08/2024 07:23 EDT

Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash

A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield. Read more

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CoinDesk
Amitoj Singh @ CoinDesk · 08/08/2024 06:22 EDT

Japan's Top Regulator Says Crypto-ETF Approvals Need 'Cautious Consideration:' Report

The boss of Japan's Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/08/2024 06:03 EDT

Metaplanet Arranges Loan to Buy $6.8M of BTC

The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May. Read more

0

CoinDesk
Shaurya Malwa, Sam Reynolds @ CoinDesk · 08/08/2024 03:03 EDT

XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends

Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours. Read more

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CoinDesk
Omkar Godbole @ CoinDesk · 08/08/2024 02:54 EDT

Bitcoin Faces Risk From 'Maxed Out' U.S. Consumers, Analyst Says

U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed. Read more

0

CoinDesk
Shaurya Malwa @ CoinDesk · 08/08/2024 02:44 EDT

FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge

United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty. Read more

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CoinDesk
Sam Reynolds @ CoinDesk · 08/08/2024 01:13 EDT

Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President

Donald Trump's chances of winning the 2024 election have declined 13 percentage points in the last month. Read more

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CoinDesk
Nikhilesh De @ CoinDesk · 08/08/2024 00:31 EDT

Did Sanctioning Tornado Cash Work?

Sanctions are an effort to throw the weight of the U.S. dollar around to tamp down on activities the U.S. government thinks may be harmful – like money laundering to fund terror groups or rogue nations. The New York Federal Reserve thinks they had a real effect in crypto. Read more

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CoinDesk
Andrés Engler @ CoinDesk · 08/07/2024 23:44 EDT

Brazil’s Securities and Exchange Commission Approves Solana-Based ETF

The Brazilian Securities and Exchange Commission (CVM) has approved a Solana-based exchange-traded fund (ETF), the agency disclosed in its central database. Read more

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27.11.2024 11:42
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