An IPO would do little to boost Coinbase’s following or $8 billion valuation, said a lawyer that specializes in getting startups to a public offering. Source link
Paddy Baker
146 posts
Binance has said reports Liechtenstein authorities blocked a deal to put its CEO Changpeng Zhao (CZ) on the board of a now-defunct bank are unfounded. On Monday, Swiss newspaper Inside Paradeplatz reported that Liechtenstein’s Financial Market Authority (FMA) had rejected an application in July by Union Bank to put Zhao […]
An agency attached to the U.S. Department of Agriculture said it expects blockchain will play an important role in the sector’s supply chains. Source link
Cryptocurrency exchanges holding user funds have risked falling into numerous security pitfalls by failing to ensure security protocols are properly implemented, according to new research. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of […]
A member of the Australian cabinet has said a new government-backed initiative, which uses blockchain, can help grow the national economy and create new jobs. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of […]
NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin. Source link
DeFi-focused fund ParaFi Capital has invested $450,000 in USDT, along with D1 Ventures, and will start staking on Ethereum-based exchange DeversiFi. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is […]
EFF said the bill is a serious threat to citizens’ privacy; the immutability of a blockchain means false diagnoses can’t be erased. Source link
Goldman Sachs is seriously considering its own cryptocurrency, possibly a stablecoin, as it significantly expands its digital assets team and appoints a new head to spearhead efforts. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict […]
The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform. Source link
The 17-year-old behind July’s Twitter hack has pled not guilty; the defense says bail posted is “grossly inappropriate” to the amount of money stolen. Source link
Jack Dorsey’s Square has seen one of the largest quarterly increases yet for its bitcoin business. Source link
Twitter hack alleged ringleader Graham Clark, the subject of a previous criminal investigation, had bail set at $725,000 at his first court appearance Saturday. Source link
Madrid-based payment app and card issuer 2gether said it can only reimburse investors with its native tokens following Friday’s hack. Source link
Matic wants its incubator fund to incentivize promising DeFi projects to build on its scalable sidechain, rather than directly onto Ethereum itself. Source link
With the $15.1 million in Q2, MoneyGram has so far received $43 million for providing liquidity for Ripple’s XRP-based settlement system. Source link
The central bank’s most senior economist now runs the department responsible for the digital currency task force and working group with other central banks. Source link
Elrond’s move onto mainnet will replace 19.98 billion testnet tokens with 20 million mainnet tokens at a rate of 1000:1. Source link
Newly launched derivatives platform EQUOS.io is set to become the United States’ first publicly-traded crypto exchange later this year through a “backdoor listing” on the Nasdaq. SPACs are shell companies that use funds from their initial public offerings (IPOs) to acquire target companies, bringing them public through the “backdoor.” Around […]
CoinDesk has discovered Binance Australia is operated by InvestbyBit, a company that shares directors with tourist crypto payments provider, TravelbyBit. Source link
Coin Metrics reported the daily number of smart contract calls on Ethereum jumped to 3.11 million – a new record. Source link
Matrixport has set up its own derivatives exchange and now wants to take on Deribit, the market leader for crypto options. Source link
Having only settled with the SEC last year, the PlexCoin founders now face a fresh round of charges from the Department of Justice. Source link
Bitcoin Suisse said some of the funding will go on new product offerings if its banking license applications are successful. Source link