SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable
WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash…
Category: CoinDesk
Coinbase Could be Near Multi-Billion Dollar Deal for Deribit: Bloomberg
Leading U.S. crypto exchange Coinbase (COIN) is in advanced acquisition talks with leading global crypto derivatives exchange Deribit, reports Bloomberg. According to the story, the…
Now Is the Time to Rally to Web3 Gaming
Right now, my X feed is full of people who are giving up on Web3 gaming. I get it. Over $12 billion of venture capital…
South Korea Plans Sanctions Against BitMEX, KuCoin, Others: Report
South Korean financial authorities are planning sanctions against crypto exchanges who are operating illegally in the country, business newspaper Hankyung reported on Friday. The Financial…
German Regulator Identifies ‘Deficiencies’ in Ethena’s USDe Stablecoin
The German financial supervisory authority BaFin said it identified “serious deficiencies” in Ethena’s synthetic USDe stablecoin. Ethena is the yield-generating protocol. The stablecoin has a…
HK Asia Holdings Buys More Bitcoin in Hedge Against Depreciation of Fiat Currencies
HK Asia Holdings (1723) said it bought another 10 bitcoin (BTC) for $858,581. The Thursday purchase took the Hong Kong-listed company’s total to around 18.88…
Weekly Recap: Markets Flat, an Industry Buoyant
Markets-wise, crypto was flat this week. Bitcoin was rangebound ($83,000 to $84,000). And the CoinDesk 20, which tracks about 80% of the market, stayed at…
U.S. Government Removes Tornado Cash Sanctions
The U.S. Treasury Department’s sanctions watchdog removed Tornado Cash from its global blacklist Friday. The crypto mixing tool has been accused of helping North Korea’s…
Crypto Whale Who Made Millions on Leverage Trading Is a Convicted Fraudster: ZachXBT
A mysterious crypto trader that made millions trading derivatives this year has been identified as William Parker, a convicted fraudster, according to blockchain sleuth ZachXBT.…
Crypto’s Fairshake PAC Backs Republicans With Last-Minute Cash in Florida Races
The crypto industry’s Fairshake political action committee is flooding Republican candidates with last-minute money in special congressional elections in Florida. Two U.S. House of Representatives…