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Bitcoin
South Korean Regulator Plans to Discuss Crypto Rules With US SEC Chair Gary Gensler
South Korea’s financial watchdog chief is planning to visit the U.S. to discuss crypto regulation with the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, with a focus on the SEC’s recent decision to…
Judge Orders Ripple to Comply With SEC’s New Discovery Requests Concerning XRP
A federal judge has ruled in favor of the U.S. Securities and Exchange Commission (SEC) and ordered Ripple to comply with the regulator’s post-complaint discovery requests concerning XRP. Ripple must also answer an interrogatory…
Bitcoin ETFs Mean ‘Substitution’ From Gold Into BTC Will Continue, Says Cathie Wood
While bitcoin's price is often denominated against fiat currencies, Wood pointed out that even relative to gold, BTC has risen consistently since its early days.
Solana Faces First Outage of the Year; Engineers Deploy Fix as SOL Dips 3%
The Solana layer one (L1) blockchain is currently experiencing a service disruption, with the Solana Status website revealing that engineers are actively probing the cause. Validators on mainnet have received instructions to implement an…
Solana’s Jupiter Airdrop Allegedly Leaked: A User Received Almost $1 Million Using 9,246 Wallets
The recent airdrop of JUP, the token of the Solana native Jupiter exchange, was allegedly gamed by an individual who avoided established controls. An unknown airdrop hunter received 1.85 million JUP (almost $1 million) using over 9,000…
First Mover Americas: Bitcoin Could Drop in the Short Term
The latest price moves in bitcoin and crypto markets in context for Feb. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance Welcomes Back Steve Christie as Deputy Chief Compliance Officer
Binance has welcomed back Steve Christie, its former Senior Vice President of Compliance, as Deputy Chief Compliance Officer.
Binance Bolsters Compliance Team, Welcoming Steve Christie Back to Leadership Role
Cryptocurrency exchange Binance…
Hong Kong Securities Regulator Issues Warning to Unlicensed Virtual Asset Trading Platforms
The region’s securities regulator has said that Hong Kong crypto investors must only use or trade on approved virtual asset trading platforms. The regulator urged crypto investors using platforms not featured on its two lists to close…
Bitcoin ETFs Pose Risk for Coinbase Stock, Leverage Shares Says
COIN was one of the best-performing stocks in 2023, but has dropped by almost a third since the start of 2024.
Egypt Aims to Ease Pressure on Forex Reserves via $1 Billion Treasury Bill Auction
Barely a month after raising $850 million from an auction of dollar-denominated treasury bills, the CBE was reportedly poised to raise $1 billion via similar instruments. The decision to hike overnight interest is said to be part of the…