Summary: Grayscale’s digital asset product attention was backed up by Coinbase’s custodial division. However, the crypto exchange did not release the associated wallet addresses for each product. The crypto community wallet addresses of the Bitcoin trust and other products after Genesis disclosed FTX exposure. Coinbase Custody backed up a product...
Yesterday, it was revealed that the chief executive of Ripple Labs, Brad Garlinghouse, made a massive announcement during an event surrounding the World Economic Forum of 2020 in Davos, Switzerland. At the Wall Street Journal event, Garlinghouse said that he believes in the next 12 months, “you’ll see initial public offerings...
Many cryptocurrency firms have shifted their operations from the U.S. and China to smaller jurisdictions that have a more lenient approach toward regulating digital assets. Last week, Circle Internet Financial, a leading blockchain and crypto firm, announced it would be moving most of its exchange operations to locations outside the...
Summary: Payments giant Mastercard plans to bring cryptocurrency trading to traditional finance customers via their banks. The company announced a pilot program on Monday, per CNBC’s report. Mastercard will offer its services as a bridge between banks and Paxos, a crypto broker tapped by PayPal. Chief digital officer Jorn Lambert...
In summary: South Korea’s financial regulators passed new legislation governing Bitcoin (BTC) and crypto trading in the country Commercial Court of Nanterre, France, ruled that Bitcoin is a legal form of money India’s Supreme Court overturned the Crypto ban by the Reserve Bank of India that was issued in 2018...
Hong Kong-based crypto OTC trading firm Genesis Block has over $50 million stuck on FTX. The firm had announced the suspension of trading services earlier today.
DBS Bank has unveiled a new feature, permitting its accredited wealth client base to explore cryptocurrency trading via DDEx. The following device was earlier limited to DBS corporate, institutional investors, family offices, customers of DBS Private Bank, and DBS Treasures Private Client. DBS Group Holdings Limited, Singapore’s largest bank, has...
As the crypto market has rebounded over the past few weeks, mainstream media coverage of the industry has increased. This trend continued on Monday when Julia Chatterley, an anchor at international media outlet CNN (specifically the outlet’s “First Move” show), confirmed in a tweet that Ripple’s chief executive, Brad Garlinghouse,...
USDC Issuer Circle reportedly alerted the New York Department of Financial Services last year about insufficient reserves at Binance to support the tokens issued by the exchange.
The initial coin offering (ICO) craze of 2017 generated billions of dollars for many blockchain startups. However, many of the projects were either scams or never managed to develop any useful products. But New York-based startup Celsius, which raised $50 million in cryptocurrency in May 2018 during its ICO, appears...
Meet the Liberty Bitcoin Fund While you might not have heard much about it on Crypto Twitter, Bitcoin investors in Asia saw their lives get a lot better on Wednesday with the release of a new product. According to a press release, CMCC Global, one of Asia’s first venture capital companies...
