Crypto News

The ruling would give Hong Kong liquidators more clarity on how to treat crypto assets caught up in winding down procedures, law firm Hogan Lovells said.

CoinDesk set up its own Ethereum validator, fondly nicknamed “Zelda,” in 2020 to witness firsthand the blockchain’s landmark shift to an energy-efficient proof-of-stake consensus mechanism from its original proof-of-work – the same one used…

Open interest in CME futures has risen to the highest level since March 2022, indicating an influx of institutional traders to the crypto market.

The sudden drop on no immediate fundamental catalyst flushed millions of dollars worth of futures positions.

Securities and Exchange Commission Chair Gary Gensler refused to say whether ether, the second-largest cryptocurrency by market cap, was a security during a nearly five-hour hearing Tuesday.

Rising bitcoin prices mean a stronger balance sheet, higher stock prices and easier debt repayment, without the company needing to sell its holdings, the report said.

Cubist also announced that Web3 staking provider Ankr is its first key management customer.

Luno has informed the Monetary Authority of Singapore (MAS) that it is withdrawing its license application.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The regime applies to all companies seeking to provide services in the country, unless already licensed in financial free zones in the United Arab Emirates.