Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to a Democratic aide.
Paradigm Special Counsel Has Left the Crypto-Focused VC Firm
Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.
Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France
Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
The startup is one of the first to build tokenized tech for Bitcoin’s Runes era.
Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance
The Central Bank of Nigeria issued a directive on Tuesday asking financial institutions to identify persons or entities transacting in or operating Bybit, KuCoin, OKX and Binance, according to contents of the letter seen by CoinDesk.
Cryptocurrency Exchange Kraken Acquires TradeStation Crypto
The takeover, which hasn’t been previously disclosed publicly, expands the cryptocurrency exchange’s regulatory licensing in the U.S.
OKX ‘OG’ Execs Tim Byun and Wei Lan Leave Crypto Exchange
Tether, Circle Diverge on How to Tackle Global Patchwork of Stablecoin Rules
The two largest digital dollar providers have chosen different paths in dealing with a perceived lack of global clarity on stablecoin rules: Circle is looking to U.S. lawmakers to provide guidance, while Tether is taking a hands-on approach to tackling fraud and money laundering.
‘Bitcoin Sign Guy’ Is Auctioning His Bitcoin Sign
Christian Langalis, whose 2017 photo-bombing of Janet Yellen became a viral meme, will use the proceeds to fund his Bitcoin/Lightning/Urbit startup.
Ripple-Owned Metaco Sees Most of Execs and Marketing Teams Depart: Source
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
The move will allow the crypto payments firm to consolidate its custody technology.
TokenFi Developers Propose New Program to Boost Benefits for TOKEN Holders
The proposed move would allow eligible users to acquire up to four times more tokens than the standard quota per wallet, among other benefits.
Bitcoin May Rally to $80K on Triangle Break: Technical Analysis
Bitcoin’s recent triangular consolidation has ended with a bullish breakout, price chart shows.
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said.
Fewer Than 30% of Jurisdictions Globally Have Started Regulating Crypto: FATF Chief
Globally, less than 30% of jurisdictions have started regulating the crypto sector as of June 2023, the Financial Action Task Force (FATF) President T. Raja Kumar told CoinDesk in an interview from Singapore.
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
French Energy Giant EDF Subsidiary Becomes Chiliz Blockchain Validator
Exaion helps industries with digital transformation related to cloud and blockchain with a focus on addressing energy efficiency of data centers.
Bitcoin Virtual Machine Will Soon Let Users Create AI Models on Bitcoin Network
“We’ve figured out a way to put AI on-chain,” lead developer punk3700 told CoinDesk in an X message.
With Mastercard, MetaMask Tests First Blockchain-Powered Payment Card
It would be “the first ever truly decentralized web3 payment solution,” allowing users to spend their crypto “on everyday purchases, everywhere cards are accepted,” according to marketing materials CoinDesk reviewed.