MARKETS DAILY HOLIDAYS: Hot Wallets and Cold Storage?

Web3 app store Magic Square is dedicating $66 million worth of its native SQR token for grants to projects listed on its platform.The Ecosystem Grant Program consists of 120 million SQR, equivalent to 12% of the token's total supply, according to an emailed announcement shared with CoinDesk on Wednesday.The grants will help to finance the

Bitcoin would likely extend losses further if Fed Chairman Jerome Powell drops hints of a gradual unwinding of stimulus programs later today.Jan 27, 2021 at 12:48 p.m. UTCUpdated Jan 27, 2021 at 12:49 p.m. UTCBitcoin Drops, Dollar Bounces Ahead of Federal Reserve Rate AnnouncementBitcoin and global equities are trading lower, while the anti-risk U.S. dollar…

NEWS Sep 10, 2018 at 16:00 UTC Blockchain research firm and accelerator Cryptic Labs has just taken on two Nobel-winning economists as advisors. Announced in a press release Monday, joining the firm's economics advisory board are Dr. Eric S. Maskin and Sir Christopher Pissarides, who will "provide insights in incentive mechanisms, game theory and macro-economic policies." Dr.…

news Cryptocurrency exchange Coinbase is said to be in talks to acquire the human assets of Omni, a Ripple-backed rental and storage firm. According to a report from TechCrunch this weekend, Coinbase may grab Omni’s engineering team to further develop its Coinbase Earn product. Coinbase told the tech news site no deal is on the…

Gensler has testified before Congress about cryptocurrency and blockchain on multiple occasions.Jan 12, 2021 at 8:04 p.m. UTCUpdated Jan 12, 2021 at 8:06 p.m. UTCGensler Said to Be Named SEC Chairman: ReutersGary Gensler, a Washington and Wall Street veteran who has closely studied the cryptocurrency field, is expected to be named chairman of the U.S. Securities and…

Jul 15, 2020 at 19:00 UTCUpdated Jul 15, 2020 at 19:29 UTCA Primer on the US and China’s ‘New Cold War’From control of the digital realm to territorial skirmishes, these are the issues shaping an increasingly troubled relationship between the U.S. and China. For more episodes and free early access before our regular 3 p.m. Eastern time…

May 13, 2020 New Financial Action Task Force guidelines for cryptocurrency businesses come into play this summer. These rules, most notably the Travel Rule, are perhaps the most important – yet underappreciated – regulatory development facing the industry globally. This workshop dives into just what these rules mean and how the industry is responding. Featuring…

Crypto exchange Crypto.com has integrated with CoinRoutes, an order execution system, to boost institutional access to liquidity and reduce friction for its customers.Crypto.com will combine its infrastructure with CoinRoutes’ order routing technology to offer diversified liquidity, said the press release.“CoinRoutes’ aim is to help its clients execute trades at the best possible price, and in…

Binance CEO Changpeng Zhao repeatedly said CoinMarketCap would remain independent after his exchange acquired the data site earlier this week. (Credit: CoinDesk archives) Binance Donated $2.4M in Coronavirus Medical Supplies; CZ Pledges MoreBinance says it's pouring millions into the global fight against the coronavirus.In an ask-me-anything (AMA) Friday, CEO Changpeng Zhao said his exchange has…