Threats Fly As Fight Over Siacoin’s Crypto Mining ‘Kill Switch’ Intensifies

This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesThe crypto options market is booming. The notional open interest, or the dollar value locked in active bitcoin and ether options contracts on leading exchange Deribit

Bitcoin's price remains in a tight range below $6,500 despite the breach of key price hurdle. Stepping back, the leading cryptocurrency cleared the resistance of the trendline drawn between the July 25 high and Sept. 4 high on Oct. 10. So far, however, the bullish breakout has failed to put a bid under BTC, leaving…

Even fully regulated stablecoins may not have a positive impact on cross-border payments, according to a report by standard setter CPMI.Challenges including coordination, competition, network scale and inadequate regulation, could outstrip any benefits, the report said.No existing stablecoin is fully compliant with relevant regulatory requirements, and even if one were to exist, it might not

Nov 25, 2020 at 4:15 p.m. UTCLibra Association Taps Saumya Bhavsar as General Counsel for Payments SubsidiaryThe Libra Association, the organization developing the Facebook-backed cryptocurrency project libra, has hired a former banking regulator and industry veteran as general counsel for its payments subsidiary.The hire, Saumya Bhavsar, will assist Libra Networks in “launching and managing a…

Bitcoin continues to trade in a narrow range for the 13th straight day and a move above $6,800 is needed to confirm a bullish breakout, according to technical chart. At press time, the leading cryptocurrency is trading at $6,600, representing a 1.65 percent gain on the day. BTC has been restricted to a narrow range…

A federal judge has let the U.S. Securities and Exchange Commission (SEC) argue it can appeal against her ruling that Ripple didn’t violate securities laws in making XRP available to retail traders by putting it on exchanges.Judge Analisa Torres, of the U.S. District Court for the Southern District of New York, granted the request for…

A hack on Boy X Highspeed (BXH) , a decentralized cross-chain exchange, that drained $139 million of funds was probably the result of a leaked administrator key, and possibly an inside job, CEO Neo Wang told CoinDeskBased on a consultation with an external security team, BXH says the hacker was probably able to break into…

news UPDATE (March 6, 23:47 UTC): This article has been updated with additional comments from Coinbase clarifying how the exchange shares data with third-party analytics firms. ——————— Coinbase is taking steps to clarify statements made in the wake of its controversial acquisition of blockchain analytics firm Neutrino, a startup subsequently linked to Hacking Team, a group…

Shares of Bitcoin Depot, the world's largest crypto ATM operator, more than doubled on their Nasdaq debut Monday following a merger with special purpose acquisition company (SPAC) GSR II Meteora (GSRM) that was valued at $885 million in August.Atlanta, Georgia-based Bitcoin Depot, trading under the ticker "BTM," is the first crypto ATM operator to list…