One of Italy’s Largest Bank Buys $1M Worth of Bitcoin: Report
Bitcoin (BTC), continues to get further entrenched into the traditional finance system. Italy’s largest bank by assets, Intesa Sanpaolo, has bought 11 BTC for over…
Category: CoinDesk
Middle East-Based Sigma Capital Unveils $100M Fund to Accelerate Web3 Innovations
Sigma Capital, an early-stage venture firm, has unveiled a $100 million fund focused on Web3 startups. The Dubai-based company is attempting to capitalize on the…
Company Behind Illicit $24B Telegram Marketplaces Launches Stablecoin
Huione, a Telegram-based illicit marketplace that offers personal data and money laundering services has rolled out its own stablecoin, according to report by blockchain security…
Options Tied to BlackRock’s Bitcoin ETF Surge to Nearly 50% of Deribit’s BTC Open Interest in Two Months
The stateside demand for regulated crypto products is real. The U.S. SEC-approved options tied to BlackRock’s spot bitcoin (BTC) exchange-traded fund (IBIT), which debuted on…
Crypto Bank Sygnum Gets Unicorn Status With $58M Round
The crypto industry has a new “unicorn” in digital asset bank Sygnum, which has just closed a $58 million funding round. The Zug, Switzerland and…
Binance.US Chief: The SEC Called Us a Cauldron of Fraud, Without Any Evidence
Gary Gensler’s Securities and Exchange Commission (SEC) branded Binance.US “a cauldron of fraud,” and used its power and influence to choke off the firm’s banking…
Is Bitcoin Bottom In? BTC’s Price Action is Inverse of December Peak Above $108K
The pressing question on crypto traders’ minds is: Has bitcoin’s (BTC) price weakness run its course, or is there more to come? The former appears…
Sony’s Layer-2 Blockchain “Soneium” Goes Live
Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching…
MoonPay Buys Crypto Payment Processor Helio for $175M
MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million.…
Why Investor Protection and Enforcement Still Matters
Until recently, it was “green candle galore” in the crypto markets since Trump’s election win. Bitcoin momentarily broke the all-important $100,00 level, a near 500%…