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feature With the Turkish lira dropping to a six-month low against the dollar last week, bitcoin is continuing to pick up even more traction in Istanbul. Andy Cheung, head of operations at the global crypto exchange OKEx, told CoinDesk that over 30,000 Turkish users signed up for the platform since it expanded services to Turkey…

RedStone Oracles, which provides data feeds for blockchains, is among a growing field of "actively validated services" (AVSs) waiting to tap into EigenLayer, the buzzy new "restaking" protocol that lets upstart networks borrow Ethereum's security. On Friday, RedStone announced that it had sealed a $500 million deal with Ether.Fi, the largest liquid restaking service on

news U.S. lawmakers repeatedly pressed Facebook’s top blockchain executive to halt development of the Libra cryptocurrency during a contentious hearing on the project Wednesday. They didn’t get far. David Marcus, the CEO of Facebook’s subsidiary Calibra, reiterated his promise that Libra would not launch until regulators’ concerns were fully addressed. But he stopped short of…

The Depository Trust & Clearing Corporation (DTCC) has advanced its main blockchain project to a testing phase with 15 global banks, one of the last steps before taking the tech live.  Announced today, U.K.-based Barclays is among the global banks participating in the test, while the other 14 were not named. Together they will be kicking…

Mar 4, 2020 at 15:00 UTCUpdated Mar 4, 2020 at 15:27 UTCA cryptocurrency trading solutions provider spun off from Bitmain a year ago hopes to hit a $300 million valuation in its latest funding round.Singapore-based Matrixport, founded by Bitmain CEO Jihan Wu last February, is looking to raise $40 million in a new raise, sources…

Jun 2, 2020 at 09:21 UTCUpdated Jun 2, 2020 at 09:22 UTCBitcoin ASIC miner (credit: Shutterstock)Poolin, the second largest bitcoin mining pool, is expanding its cryptocurrency lending and financial services businesses. The pool announced Monday that it has started working with U.S.-based crypto lender BlockFi, which will be acting like an interbank lender, providing a…

Binance Labs did not disclose the size and form of the investment.Aevo saw a surge in trading activity leading up to its token launch in March, but volumes have faltered since then.The native token of decentralized crypto derivatives trading platform Aevo climbed Tuesday after Binance Labs, the investment and research arm of crypto exchange giant

Dec 2, 2020 at 5:47 p.m. UTCUpdated Dec 2, 2020 at 6:29 p.m. UTC(Jared Schwitzke/Unsplash, modified by CoinDesk)Blockchain Bites: Record-Breaking ‘Active’ Bitcoin Users as Wall Street Ponders Mass AdoptionHi all, thought we’d try something different in today’s edition of Blockchain Bites. Yesterday and today saw a flurry of news that seemed disparate and unconnected but…

news The former managing director of the World Gold Council and the portfolio manager behind SPDR Gold Shares is developing a bitcoin exchange-traded fund (ETF) with boutique asset manager Kryptoin Investment Advisors. The Cayman Islands-based firm has filed an initial registration statement with the U.S. Securities and Exchange Commission (SEC). The fund, in development for…