Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

In August, before it was fully clear the U.S. Department of Justice (DOJ) would bring charges against Binance, news leaked that the federal prosecutors building the case were worried an indictment could cause customers to panic and withdraw their funds en masse, potentially creating panic in the crypto markets, wider industry contagion or even a

Kaizen. The Japanese word for "improvement," and as it relates to business, it's the philosophy of continuous improvement on working practices. And with that as the tagline for the fifth edition of bitcoin engineering conference Scaling Bitcoin, it became a perfect way to summarize what's happening today among the cryptocurrency's developer ecosystem. With the scaling debate…

May 5, 2020 at 11:17 UTCUpdated May 5, 2020 at 14:53 UTCDaily chart (CoinDesk BPI)Bitcoin (BTC) failed to plant a flag above $9,000 early on Tuesday, even as on-chain data suggests spiking investor interest in the top cryptocurrency by market value. Prices rose to a high of $9,112 at 05:05 UTC, extending a recovery from Monday’s…

Bitcoin (BTC) rose to a three-month high on Monday, approaching the $70,000 level and moving to within about 5% of its record high of $73,700 from last March. BTC advanced 3% over the past 24 hours, changing hands at $69,800, while the CoinDesk 20 Index, which tracks the performance of 20 large-cap tokens, managed a

Apr 3, 2020 at 14:41 UTCUpdated Apr 3, 2020 at 15:33 UTCCambrial Capital, a crypto-focused fund of funds, is quietly winding down its operations, according to two sources familiar with the matter.The fund, which holds between $6 million and $10 million in assets under management, appears to have fallen victim to the coronavirus crisis. March…

Apr 29, 2020 at 08:00 UTCCredit: Shutterstock/FlystockSafety and data protection are major concerns when it comes to the growing use of commercial drones, but blockchain could provide a working solution, according to a recent report by the U.S. Department of Transportation (DoT).The tech report says commercial usage of unmanned aircraft systems (UAS) is becoming increasingly…

news Today’s bitcoin spot market is “significantly smaller and significantly more efficient” than is generally perceived, argues Bitwise Asset Management. In a white paper presented as comment to the U.S. Securities and Exchange Commission (SEC) on Friday, Bitwise said the quality of the bitcoin spot market and the strength of arbitrage in that market has…

Starknet’s STRK tokens lost half their value after going live for trading on Tuesday as the team faces ongoing criticism around a 2022 token generation event.Data shows that STRK has been down 55% in the past 24 hours, with over $1.2 billion in trading volumes. Only $3 million worth of STRK futures were liquidated, suggesting

Aug 24, 2020 at 21:15 UTCUpdated Aug 24, 2020 at 21:22 UTCIRS, modified by CoinDeskHacker Stole 1,000 Traders’ Personal Data From Crypto Tax Reporting ServiceA hacker has stolen data on more than 1,000 users from CryptoTrader.Tax, an online service used to calculate and file taxes on cryptocurrency trades. The hacker broke into a CryptoTrader.Tax marketing…