Author: Coindesk
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Anjan Sahni, the Wilmer Hale partner representing Ellison on the stand, spoke a bit more about Ellison as a person, but still contrasted her with Bankman-Fried. Her role at Alameda was due to Bankman-Fried, her concealing Alameda’s financial situation was at the request of Bankman-Fried, indeed the central question of how Ellison came to a sentencing hearing having pled guilty to fraud and conspiracy charges came down to “why did Caroline go along with Sam Bankman-Fried,” he said. Read the full article here
As of writing, the dollar value of the number of active call options contracts at the $100,000 strike price was over $993 million, the highest among all other BTC options listed on the exchange, according to data source Deribit Metrics. On Deribit, one options contract represents one BTC. Read the full article here
“USDT works much better outside of the U.S.,” he said. “In the U.S., there are 15 different transport layers for the U.S. dollar. You have banks, credit cards, debit cards. You have Venmo, PayPal, Cash App, and many others … But who needs a dollar?” Read the full article here
The firm registered a trust entity in the state of Delaware on Tuesday, which appeared on the state’s Division of Corporations website. Registering a trust entity is a first step toward filing to list and trade shares of an ETF; companies like Bitwise, Blackrock and Fidelity all filed trust entities for bitcoin (BTC) and Ethereum’s ether (ETH) ahead of filing for ETFs following those tokens. Read the full article here
In recent months, fewer than 40,000 wallets have been active each day on the two exchanges. That’s less even than during the bear market when the BTC was below $10,000 and active wallets numbered around 50,000 a day. The data is in line with other indicators such as popularity of the Coinbase mobile application and on-chain usage, as reported. Read the full article here
“The SEC shall confer with Sprague [Steven Sprague, CEO of Rivetz] and file a proposed judgment for injunctive and monetary relief on or before October 22, 2024,” Mastroianni said. “Sprague shall file any objections to the proposed judgment on or before November 5, 2024.” Read the full article here
“He and his team attended some meetings, and it went hostile. They basically told them that they would confiscate their passports. So, Tigran and his team just immediately got out of the country. So, it was a close call.” On the second trip, she said, my understanding is that Tigran was assured things would be okay. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
“With the launch of crypto transfers in Europe, we’re making self-custody and entering DeFi simpler and more accessible for our customers,” Johann Kerbrat, VP and general manger of Robinhood Crypto, said in a statement. “Support for deposits and withdrawals gives customers more control over their crypto, while ensuring they have the same safe, low-cost, and reliable experience they expect from Robinhood.” Read the full article here