Author: Coindesk

“We are thrilled to be partnering with Coinbase to help service their customers’ money movement needs,” said Yanilsa Gonzalez Ore, Head of Visa Direct, North America for Visa. The feature allows eligible Visa debit card holders to “take advantage of trading opportunities day and night.” Read the full article here

“The stress test was conducted with a game called ‘flippyflop,’ developed by Cartridge,” a press release stated. “The tile game saw users competing against bots to check tiles on the grid. Bots worked to undo the gamers’ work by unchecking tiles at random. As such the theme was ‘human vs. machine.’ The high pace of simple transactions generated during this game was designed to be the ultimate test for Starknet’s TPS.” Read the full article here

Spot bitcoin ETFs recorded their third-highest inflows on Tuesday, adding more than $870 million. Total trading volumes crossed $4.75 billion — the highest since March — with BlackRock’s IBIT accounting for $3.3 billion alone. Bloomberg ETF analyst Eric Balchunas said he expects bigger inflow figures in the coming days. “$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas wrote on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy. Given the surge in price past few days, my guess is this…

Alison Mangiero, POSA’s executive director, will remain at the helm of the project as it comes under the CCI umbrella, according to a Wednesday statement from the groups in which Mangiero called it a “pivotal step forward.” The staking industry alliance, whose members include crypto-oriented firms such as Andreessen Horowitz, Ava Labs and Paradigm, had been advocating for proof-of-stake ecosystems, an approach that includes Ethereum (ETH) and Cardano (ADA). Read the full article here

As more holders move into profit and look to lock in gains, their market activity may slow the climb toward the record, CoinDesk research noted earlier this month. Since Oct. 17, when the research was published, profit-taking has not abated, but it still seems as though a new all-time high is on the cards. Read the full article here

“$IBIT traded $3.3b today, biggest number in 6mo, which is a bit odd bc btc was up 4% (typically ETF volume spikes in a downturn/crisis),” Balchunas said on X. “Occasionally tho volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020). Given the surge in price past few days, my guess is this is latter, which means look for (more) big inflows this week.” Read the full article here

Stacks, co-founded by Muneeb Ali, a Princeton-educated computer scientist who also serves as CEO of the Bitcoin-focused development firm Trust Machines, is seen as one of the oldest and most credible efforts building layer-2 networks atop the Bitcoin blockchain – no small claim given that more than 80 such projects have sprung up over the past couple years. Read the full article here

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one. Read the full article…

Last week, I moderated a panel at the DC Privacy Summit, hosted by Project Glitch and the Coinbase Institute, on what comes next in the ongoing discussions about privacy and crypto – through, naturally, the lens of Tornado Cash and the Department of Justice’s case against developer Roman Storm. I want to share some of the thoughts the panelists – DeFi Education Fund’s Miller Whitehouse-Levine, a16z Crypto’s Michele Korver, House Financial Services Committee’s Allison Behuniak and Starkware’s Katherine Kirkpatrick Bos – discussed during the 30 minute session. Read the full article here

Despite appearances, Binance Wealth is not a financial advisory service but a technological solution designed to meet the needs of wealth managers, with the necessary infrastructure allowing them to oversee and support their clients’ exposure to crypto, explained Catherine Chen, head of Binance VIP & Institutional, in an email. Read the full article here