First Mover Asia: Crypto VC Funding Was Resilient in the Bear Market. It’s Now Powering Through This Mini-Bull Cycle
Non-crypto related deposits held by former Signature Bank (now Signature Bridge Bank) will be assumed by Flagstar Bank, N.A., a subsidiary of New York Community Bancorp, as of Monday, according to the FDIC. Custodia Bank founder and CEO Caitlin Long reacted. Plus, former White House National Security Council Director of Cybersecurity and Secure Digital Innovation Carole House discussed her new role on the CFTC’s Technology Advisory Committee.
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First Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)
Risks surrounding the stablecoin tether (USDT) have been known for years, but they're commanding fresh attention as the amount outstanding swells to $25B.Federal Reserve Chair Jerome Powell. (Federal Reserve, modified by CoinDesk)Jan 27, 2021 at 2:00 p.m. UTCFirst Mover: Risks Nobody’s Ever Seen, From the Fed to Tether (and GameStop)Bitcoin (BTC) was lower, though staying…

tZERO Partners With Media Startup to Tokenize Film Financing
news Overstock’s security token subsidiary tZERO has announced a partnership with media startup BLOQ FLIX to tokenize film financing. The company announced the plans on Thursday, amid a period of reorganization following tZERO’s quarterly loss of $10 million and Overstock CEO David Byrne’s abrupt departure. Through the partnership, referred to as “Blockbuster meets blockchain” in the press…

VanEck Temporarily Cuts Bitcoin ETF Fee to Zero After Lagging in Assets
VanEck will drop the management fee for its spot bitcoin ETF, HODL, until March 31, 2025.Previously, it had charged a 0.2% fee, which is below that of its competitors.02:31Bitcoin Jumps Over $72K; Dogwifhat Community Plans for Vegas01:07Bitcoin Traders Lock $20M in the $200K Call Option02:22Can Bitcoin Match Gold’s Position in Investors’ Portfolios? US To Appeal

OKEx Resumes Withdrawals 5 Weeks After Freeze
Nov 26, 2020 at 8:09 a.m. UTC(Shutterstock/Piotr Swat)OKEx Resumes Withdrawals 5 Weeks After FreezeMalta-based cryptocurrency exchange OKEx has reopened withdrawals five weeks after an abrupt suspension.In a short blog post on Thursday, the exchange announced that it was lifting the freeze at 08:00 UTC and pointed users to a compensation and loyalty program in an…

Kraken Leads Ether Unstaking Parade, Makes up 62% of Exit Queue
Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Ethereum’s Shanghai upgrade went live Thursday, Asia time, allowing those that have staked their ether to begin the unstaking process.On-chain data tracked by Rated network…

Polygon Labs Cuts 19% of Staff, 60 Roles, for ‘Enhanced Performance’
Polygon Labs, the developer firm behind the layer-2 rollup network Polygon, has cut 60 roles, accounting for roughly 19% of its staff, the company said in a blog post on Thursday.According to the release, the downsizing comes “for the sake of enhanced performance, rather than for financial reasons.” The company also shared that the team

Listen to Elon Musk’s Latest EDM Beats on the CoinDesk Crypto Roundup
Jan 31, 2020 at 17:00 UTCListen to Elon Musk’s Latest EDM Beats on the CoinDesk Crypto RoundupWe've got the "hawt" new single from Tesla CEO Elon Musk and, as bitcoin ends its best January ever, traders eye a price move above the psychological level of $10,000.For early access before our regular noon Eastern Time releases,…

India to Release its Crypto Policy Stance By September After Stakeholder Consultations: Report
India is planning to release a discussion paper outlining its policy stance on cryptocurrencies by September, according to Senior Finance Ministry Official Ajay Seth. In September 2023, Seth said India would analyse and decide its own position on crypto in the "coming months." India plans to put out a discussion paper outlining its policy stance