Bitcoin Wallet Provider Receives E-Money License From UK Regulator
Wirex, a bitcoin wallet and payment card provider, has become the third crypto company to receive an e-money license from U.K. financial regulators.
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Bakkt, Galaxy Digital to Offer Joint Bitcoin Custody Solution for Institutions
Jun 10, 2020 at 14:24 UTCUpdated Jun 10, 2020 at 14:28 UTCMichael Novogratz, Chief Executive Officer Galaxy Investment Partners panel speaker at Invest 2017 (Credit: CoinDesk archives)Two New York-based crypto companies hope to scoop up growing institutional demand for physical bitcoin. Announced Wednesday, Galaxy Digital’s trading arm and regulated bitcoin futures provider Bakkt said their…

BlockFi Adds an Independent Pricing Partner to Guard Against Flash Crashes
Aug 27, 2020 at 13:00 UTCUpdated Aug 27, 2020 at 13:23 UTCBlockFi CEO Zac Prince (CoinDesk archives)Crypto lender BlockFi is partnering with an independent crypto pricing provider to value customer deposits and collateral. CF Benchmarks will price customers’ assets based on data it has sourced from five crypto exchanges that have passed the criteria in…

DeFi’s Curve Finance Is Branching Out to Polkadot
It costs a lot to swap assets on Ethereum. Curve Finance is building a version on Polkadot to enable a multi-chain future.Feb 9, 2021 at 5:00 p.m. UTCUpdated Feb 9, 2021 at 5:12 p.m. UTCDeFi’s Curve Finance Is Branching Out to PolkadotCurve Finance is making its way to another blockchain – Polkadot.The decentralized finance (DeFi)…

Tesla Tapped Coinbase for $1.5B Bitcoin Buy: Report
Coinbase is emerging as a major player in corporate America's march toward bitcoin.Feb 17, 2021 at 6:42 p.m. UTCUpdated Feb 17, 2021 at 7:36 p.m. UTCTesla Tapped Coinbase for $1.5B Bitcoin Buy: ReportCoinbase’s institutional trading wing handled electric car-maker Tesla’s $1.5 billion bitcoin investment earlier this month, according to The Block.The report illustrates Coinbase’s growing…

First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin (BTC) has become more dominant in the crypto market because of the impending halving and risk aversion in the broader market. The largest cryptocurrency by

Binance Spun Off Venture Capital Arm Earlier This Year: Bloomberg
Cryptocurrency exchange Binance spun off its venture capital arm, Binance Labs, earlier this year, among one of the most notable actions of new CEO Richard Teng, who replaced Changpeng "CZ" Zhao in November, Bloomberg reported Friday.Binance Labs has a disclaimer on its website saying it is "an independent venture and not part of the Binance

Early Coinbase Executive Adam White Is Leaving the Firm
Adam White, one of U.S.-based crypto exchange Coinbase's most senior executives and fifth-ever employee, is leaving the company. White, whose most recently led the institution-focused section of the firm's operations, was said to departing by Coinbase on Thursday, according to a Reuters report. According to his LinkedIn profile, he has held the dual roles of vice…

Bitcoin on Track for Highest July Price Gain in 8 Years
Jul 31, 2020 at 11:43 UTCUpdated Jul 31, 2020 at 11:59 UTCBitcoin price chart for July (CoinDesk BPI)Bitcoin looks set to register its best July price performance for eight years and confirm a major bullish breakout in the process. Bitcoin is trading near $11,190 at press time – and is up nearly 22% this month,…