Bitcoin Price Defends Key Support Despite ETF Rejection
Bitcoin’s defense of the key support at $6,230 despite bad news has left the doors open for a rally to recent highs above $6,800.
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Ethereum Developers Try for Second Time to Launch New Holesky Test Network
Ethereum developers on Thursday initiated their second attempt to launch the Holesky test network, after an attempt earlier this month failed.As of 8:23 am ET, the launch appeared to be going smoothly.On a livestream on YouTube from the EthStaker, one of the developers said, around 8:10 am ET, “It looks like the launch is successful.”“Not
SEC Hasn’t Met Requirements to Argue for an Appeal, Ripple Says
The U.S. Securities and Exchange Commission (SEC) hasn't made enough of a case to warrant an appeals court intervention in its ongoing legal fight with Ripple, the crypto company argued in a new filing Friday.The SEC is seeking a federal judge's approval to appeal her ruling finding that Ripple's programmatic sales of XRP did not
Canada’s ‘Crypto King’ and Associate Arrested, Charged With Fraud in Alleged $30M Ponzi Scheme
Two Canadian men have been arrested and charged with fraud for allegedly swindling investors out of $40 million CAD – approximately $30 million USD –i n a crypto and foreign exchange investment scheme.Self-proclaimed “Crypto King” Aiden Pleterski, 25, was charged with fraud and money laundering for his role in the alleged Ponzi scheme. His associate
VC Deals in Crypto Remained Steady but Amount Invested Fell in 2019: Report
Mar 19, 2020 at 13:00 UTCUpdated Mar 19, 2020 at 13:30 UTCRipple's $200 million Series C raise last year contributed to an overall total of $434 million. (Image by Zack Seward for CoinDesk)Last year, crypto didn’t see as many big-bucks, late-stage VC deals as it did in 2018, a new report from CB Insights shows. While…
Crypto Market Witnesses Odd Relationship Between Bitcoin, Ether Volatility Metrics
"The negative spread is reflective of the two assets increasingly viewed as similar yet different proxies of risk, both markets are much deeper and liquid than the rest of the coins with established use cases," Patrick Chu, director of institutional sales and trading at over-the-counter crypto derivatives tech platform Paradigm, told CoinDesk.
Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets
Dec 12, 2019 at 20:35 UTCAlex Batlin, CEO of Trustology, during ConsenSys Fireside Chats at MoneyConf 2018 in Dublin. Photo by Diarmuid Greene/MoneyConf via SportsfileDigital asset custody firm Trustology has cut seven staffers, including three executives, as the big banks and institutional players which were its target market are taking longer than expected to jump…
Amazon, Deloitte, Fidelity Partner With IDEO CoLab on Blockchain Accelerator
news IDEO CoLab, a subsidiary of design firm IDEO, has partnered with 20 blue chip and crypto firms to launch a blockchain accelerator dubbed Startup Studio. Partners include Amazon, Deloitte and Fidelity, in addition to crypto data firm Messari, the Ethereum Foundation, the Stellar Foundation, among others, to build on the distributed web incubator that IDEO…
Protocol Village: Optimism-Based DEX Velodrome Deploys to Bitcoin L2 BOB
April 4: Velodrome, an AMM-based decentralized exchange on Optimism, officially announced their second major deployment onto the BOB (Build on Bitcoin) network, a Bitcoin layer-2 network with EVM compatibility. According to the BOB team: "The Superchain is a network of interoperable layer-2 chains that will share bridging, governance, upgrades, a communication layer and more, all