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Andrés Engler @ CoinDesk · 08/07/2024 14:20 EDT

Brazilian Civil Police Dismantles Crypto Laundering Scheme Employed by Drug Gang

The Civil Police of São Paulo, Brazil, dismantled a money laundering scheme managed by the drug gang First Capital Command (PCC) that operated a company operating as a crypto exchange, the police said on X (formerly Twitter) on Tuesday. Read more ›

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CoinDesk
Bradley Keoun @ CoinDesk · 08/07/2024 13:54 EDT

The Protocol: Death Cross, Dip Buying and Developer Nerves

Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network's $12 million run-in with white-hat hackers. Read more ›

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CoinDesk
Peter Gaffney @ CoinDesk · 08/07/2024 12:20 EDT

The Mortgage Industry Meets Digital Asset Capital Markets

Tokenized private funds primed for adoption as the industry has seen with short-term liquidity products, says Peter Gaffney, vice president, business development & strategy at Blue Water Financial Technologies Services LLC. Read more ›

1

CoinDesk
Hugo Feiler @ CoinDesk · 08/07/2024 12:16 EDT

How DePIN Can Modernize Car Insurance

Auto insurers take a blanket approach to setting premium prices, disadvantaging drivers with better records. DePINs can help individualize policies while keeping data secure, writes Hugo Feiler, CEO of Minima. Read more ›

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CoinDesk
Thomas Gentle @ CoinDesk · 08/07/2024 12:05 EDT

Preparing for DeFi Regulation: The Role of Portable KYC

As regulators scrutinize DeFi more closely, participants need to improve compliance around AML and KYC and make the process easier for customers, says Thomas Gentle, Compliance Officer, Quadrata. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 08/07/2024 11:31 EDT

Hong Kong Digital Bank Mox Adds Crypto ETFs, Plans Direct Crypto Investing

Mox, a virtual bank subsidiary of Standard Chartered, has started offering bitcoin and ether exchange-traded funds to its clients shortly after launching an investment platform in Hong Kong. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 08/07/2024 11:21 EDT

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk · 08/07/2024 11:18 EDT

Crypto PAC Fairshake Claims Another Win Against Elizabeth Warren Ally With Bush Loss

The Missouri primary defeat of Rep. Cori Bush marks the latest example of the industry's millions opposing candidates favored by Warren, with whom the sector is waging open warfare. Read more ›

0

CoinDesk
Leonard Dorlöchter @ CoinDesk · 08/07/2024 11:14 EDT

DePIN Data Verification: A Challenge With no Silver Bullets

If the DePIN’s whole product is data, then spoofing makes its datasets less valuable. Here’s how to address false data, according to Leonard Dorlöchter, co-founder of peaq. Read more ›

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CoinDesk
Nikhilesh De @ CoinDesk · 08/07/2024 10:27 EDT

Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says

The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash. Read more ›

2

CoinDesk
Camomile Shumba @ CoinDesk · 08/07/2024 10:11 EDT

UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October

The FCA's actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator's director of consumer investments, said in an interview. Read more ›

0

CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 08/07/2024 09:34 EDT

CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds

Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%. Read more ›

0

CoinDesk
Shaurya Malwa @ CoinDesk · 08/07/2024 09:11 EDT

Long-Dormant Wallets Tied to $2B PlusToken China Ponzi Moves 2.8K Ether

In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others. Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 08/07/2024 08:08 EDT

First Mover Americas: BoJ Comments Offer Relief to Crypto

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 7, 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 · 08/07/2024 07:54 EDT

Synthetix Founder Appears to Have Sent Portion of Company Funds to Beleaguered Ex-Treasurer: EmberCN

On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company's treasury and donated $86k to SynthaMan, the company's former treasurer that was liquidated during last week's market plunge. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 08/07/2024 07:42 EDT

WOO X Now Lets Traders Bet on Upcoming Tokens

The ORDER token of Orderly Network, an on-chain liquidity provider, is being offered as the first on the market, with prices down 5% since its listing at 8 A.M. UTC. Read more ›

0

CoinDesk
Omkar Godbole @ CoinDesk · 08/07/2024 06:49 EDT

Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K

According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges. Read more ›

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27.11.2024 10:39
Last update: 10:31 EDT.
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