Sushi DAO, Key Contributor Served With SEC Subpoena

Dec 12, 2019 at 19:45 UTCKraken CEO Jesse Powell at Consensus 2018, image from CoinDesk archivesKraken Job Ad Hints at Plan to Build Special-Purpose Wyoming BankKraken appears to be preparing to open a limited-purpose bank in Wyoming that would let it store customers’ fiat deposits – and possibly operate in New York without a BitLicense.The…

U.S.-listed spot bitcoin ETFs had their busiest day ever on Tuesday, surpassing $10 billion in trading volume as BTC's new all-time high turned into a correction.BlackRock's IBIT was the fourth most traded among all ETFs with $3.8 billion volume, Barchart data shows."These are bananas numbers for ETFs under 2 months old," one analyst noted.U.S.-listed spot

news Crypto Capital principal Oz Yosef was indicted on three criminal counts by the U.S. Attorney’s Office of the Southern District of New York Wednesday, Oct. 23, confirming statements made by Bitfinex’s general counsel Stuart Hoegner Friday. According to court documents, Yosef, aka Oz Joseph, has been indicted on conspiracy to commit bank fraud, bank…

Oct 12, 2020 at 08:00 UTCRevamped Crypto Derivatives Exchange Qume Set to Fly in Wake of BitMEX WoesThe timing couldn’t be better for regulation-focused trading platform Qume, which unveils a revamped set of services Monday. Even in its soft-launch phase, the derivatives exchange has been mopping up customers in the wake of U.S. charges against…

The corrective rally in Bitcoin (BTC) could gather momentum if key resistance above $6,500 is crossed on the back of high volumes, according to technical charts. The leading cryptocurrency witnessed a symmetrical triangle breakout last week, opening doors for a stronger corrective rally towards $6,800–$7,000. However, despite the bullish setup, BTC faced rejection near $6,660…

XRP and Dogecoin (DOGE) have seen significantly higher trading volumes than Bitcoin on South Korean exchanges like Upbit and Bithumb. XRP and DOGE have experienced over 100% price increases in the past two weeks, driven by factors like favorable U.S. regulatory changes for XRP and endorsements from figures like Elon Musk for DOGE. While South

news To keep up with the changing face of payments, the U.K.’s pensions and welfare division of government, the Department for Work and Pensions (DWP), says it is investigating distributed ledger technology. In a blog post published late last week, Richard Laycock deputy director at the DWP’s Digital Delivery Shared Platforms, said that improvements are planned across…

Bitcoin mining farm image via CoinDesk archivesBixin, one of the earliest bitcoin miner operators and wallet startups, is dedicating 6600 bitcoin, worth $66 million, to a new fund of funds.The company announced the fund of funds with its proprietary capital on Friday and said it aims to invest in global quantitative trading funds whose strategies…

Sep 17, 2020 at 16:10 UTCNew layer liftoff (Mae Mu/Unsplash)Ethereum Gas Fees Drive Gnosis-Powered Prediction Market to xDai’s Layer 2This isn’t the CryptoKitties craze of 2017. “The situation is different now,” Stefan George of Gnosis told CoinDesk. Lots of dapps are clawing for Ethereum’s compute power. If activity calms on one decentralized finance (DeFi) platform,…