Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes

One of Ethereum’s top decentralized crypto trading projects, Balancer, is urging some of its customers to withdraw their tokens after the discovery of a critical vulnerability that could place tens of millions of crypto dollars at risk.They’re listening in a big way: “People are withdrawing fast,” said Xenous, a pseudonymous contributor. The protocol’s TVL dropped…

news Banking startup 2gether is launching a prepaid Visa debit card that allows users to spend cryptocurrencies. In an announcement, 2gether said customers will be able to use the card to pay with either euros or any of the following seven cryptocurrencies: bitcoin (BTC), ether (ETH), XRP, bitcoin cash (BCH), EOS, Stellar (XLM) and litecoin (LTC). The…

FTX co-founder and former Chief Technology Officer Gary Wang began testifying in earnest last Friday in Sam Bankman-Fried’s trial.You're reading The SBF Trial, a CoinDesk newsletter bringing you daily insights from inside the courtroom where Sam Bankman-Fried will try to stay out of prison. Want to receive it directly? Sign up here.FTX’s insurance fund was

Dec 26, 2019 at 17:00 UTCFrench flag image via ShutterstockFrance’s top financial regulator has published new rules regarding the licensing of digital asset service providers (DASPs) as well as guidelines for applying for the non-mandatory license and informing the AMF about internal cybersecurity practices.The Autorité des marchés financiers (AMF) or Financial Markets Authority released the…

Aug 19, 2020 at 21:33 UTCUpdated Aug 19, 2020 at 21:43 UTCHigh Ethereum Fees Push Tether to Its Eighth Blockchain, OMG NetworkTether has adopted Ethereum scaling solution OMG Network amidst record demand for settlement space on the “world computer.” “The integration [between Tether and OMG Network] will result in a reduction of confirmation times delivering…

This week in prediction markets: Second assassination attempt not boosting Trump’s odds as election betting nears $1 billion on Polymarket Oral arguments set for Thursday in CFTC appeal of the case it lost to Kalshi. Are you ready for 20X leveraged election betting? What will Trump say tonight? Donald Trump survived an apparent second assassination

The groups that lobby for big-bank interests in Washington asked the White House to step back from its stated intention to kill Congress' effort to cancel a controversial Securities and Exchange Commission crypto policy.Two of the digital assets sector's biggest allies on Capitol Hill also sent a similar request to the president. In a rare

Oct 16, 2020 at 19:25 UTC(frank mckenna/Unsplash, modified by CoinDesk)Decentralized Data Storage’s Only Competition Is the Public CloudThis week, the Filecoin mainnet finally went live. This is huge news, not only because of the anticipation following Filecoin’s large token offering in 2017, but because creating a vibrant ecosystem of decentralized cloud offerings is an important…

Sep 18, 2020 at 10:02 UTCHow US States Are, and Aren’t, Easing Crypto Firms’ Compliance BurdenThe Conference of State Bank Supervisors (CSBS), an organization of state financial regulators, will make it easier for financial technology payment firms and cryptocurrency exchanges to prove they’re in compliance with U.S. state laws. The CSBS announced a “One Company,…