Genesis-labelled address moves $720M BTC to Coinbase, pointing to start of asset liquidations

The United States’ state of Wyoming has unveiled a series of opt-in custody rules for its so-dubbed “blockchain banks,” covering areas such as forks, airdrops and staking. The rules were announced during the Fordham Law Blockchain Regulatory Symposium in New York on Nov. 11, according to a thread of tweets published by Wyoming Blockchain Task Force…

Pan-African insurance company Old Mutual has opted out of insuring cryptocurrency mining equipment due to the absence of regulation in the industry, local technology-focused new outlet ITWeb reported on June 10.Following comprehensive research of the industry, Old Mutual has arrived at a decision not to insure equipment used for digital currency mining because of the…

Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform. 144 Total views 1 Total shares Trading platform Robinhood has revealed its intentions to expand into Europe in the coming weeks. The company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday

In the whirl of excitement and debate over where cryptocurrencies are going and whether they are legitimate, sustainable and prudent investments, there is an overshadowed conversation of interest to those in marketing: Are Bitcoin (BTC), Ether (ETH), Cardano’s ADA, Litecoin (LTC), XRP, Dogecoin (DOGE), etc., crypto brands?And, if so, how are those brands created, and…

Binance revealed it has more than 150 employees to cover its operations in Brazil and appears to be in good standing with the local government and regulatory agencies. 249 Total views 4 Total shares Changpeng “CZ” Zhao-led crypto exchange Binance has opened up two offices in Brazil as the firm looks to tap the country’s…

A Spanish financial watchdog has issued a warning against Ethereum (ETH)-based token dubbed AlyCoin.As Financial Magnates reported on Nov. 18, the Comisión Nacional del Mercado de Valores warned the public against AlyCoin as it the coin is registered neither in Spain nor in the corresponding registry and thus promotes unregulated initial coin offerings (ICOs).Specifically, AlyCoin…

Users will be able to earn restaking yield from layer-2 tokens on EigenDA.

While the long-term sentiment remains bullish, traders warn that BTC must hold the $41,000 support to avoid a sweep of the $38,000 level. 187 Total views 3 Total shares Bitcoin faced another day of bearish pressure on Sept. 29 as the impact of China's crypto crackdown and uncertainty about the regulatory landscape in the United…

Grayscale Investments has filed to make its $630 million diversified large-cap crypto fund an SEC reporting company. 1106 Total views 12 Total shares Grayscale has filed its third Form 10 with the United States Securities and Exchange Commission to convert one of its investment funds into an SEC-reporting company.Tweeting on Thursday, Grayscale announced that the…