Category: Exchanges
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
BitGo, one of the largest and oldest custodians for digital assets, is joining the fast-growing business of lending out bitcoin and other cryptocurrencies to big investors. The Palo Alto-based company announced Thursday it is now offering institutional digital asset lending services. Founded in 2013 by CEO Mike Belshe, BitGo startedRead More
US Treasury Department Blacklists 20 Bitcoin Addresses
The U.S. Treasury Department’s Office of Foreign Asset Control has added 20 new bitcoin (BTC) addresses associated with two individuals to its list of sanctioned individuals. According to an update to OFAC’s “Specially Designated Nationals” (SDN) list, Jiadong Li and Yinyin Tian are accused of being linked to the LazarusRead More
Bitcoin Breaks Above $10,000 in Spot Market
For the first time in three months, bitcoin’s price is being quoted in five digits to the left of the decimal. The top cryptocurrency crossed above $10,000 at 04:10 UTC and printed a high of $10,176 during the early European trading hours. That was the highest level since Oct. 26,Read More
Bitcoin’s Share of PoW Mining Rewards Now Above 80%
Rewards received by bitcoin miners form a major chunk of the salaries paid across major proof of work (PoW) blockchains, according to Yassine Elmandjra, a cryptocurrency analyst from ARK Invest.
Ethereum Classic Successfully Completes ‘Agharta’ Hard Fork
Ethereum Classic successfully completed the “Agharta” hard fork at block number 9,573,000 at 06:26 UTC on Sunday, according to etcnodes.org. Similar to the network’s last backwards-incompatible upgrade in September, Atlantis, Agharta makes ethereum classic more interoperable with sister-chain ethereum. As part of the hard fork, the Constantinople and St. PetersburgRead More
‘The Internet Was Illegal’ and Other Early Stories With Zooko Wilcox
The best Sundays are for long reads and deep conversations. Earlier this week, the Let’s Talk Bitcoin! show enlisted CoinDesk reporter Leigh Cuen and early cypherpunk Zooko Wilcox for a conversation on the history, challenges and long-term development path of early, formative technologies, which we often hear modern blockchain movementsRead More
Coinbase Eyes European Growth After Winning Irish E-Money License
Cryptocurrency exchange Coinbase has been granted an e-money license by the Central Bank of Ireland. Writing in a company blog Saturday, Coinbase UK CEO Zeeshan Feroz said the exchange is one of the very first firms to receive the license from the central bank, following a Dublin office openingRead More
Is GALAXY DIGITAL, XBTO JUST MADE THE FIRST BLOCK TRADE OF BAKKT BITCOIN FUTURES Worth [$] To You?
Galaxy Digital Cryptocurrency Investment Fund and trading company OTC XBTO launched the first blockchain trade in Bakkts futures contracts. Intercontinental Exchange (ICE), Bakkt’s parent company, announced trading on Friday but did not announce its size. Block trading is a large transaction that takes place outside the free market to avoidRead More
Binance to List Its New Dollar-Backed BUSD Stablecoin Next Week
Binance’s new dollar-backed stablecoin, BUSD, created in partnership with the Paxos Trust Company, will be made available for trading on the cryptocurrency exchange the week of Sept. 16. Announced on Thursday at CoinDesk’s Invest: Asia conference, Paxos co-founder Rich Teo said: “We minted out first batch of Binance U.S.Read More
Kakao’s Klay Cryptocurrency to Make First Exchange Listing
South Korean messaging giant Kakao’s “klay” token – the native cryptocurrency of its recently launched Klaytn blockchain – is soon to make its first official exchange listing on Upbit’s platform. Ground X, the firm set up by Kakao to develop the Klaytn network, announced the news in a Medium postRead More
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