Author: Coindesk

“Fabric’s VPUs can accelerate the timeline for wider adoption of zero-knowledge technology from three to five years to six to 12 months,” Polygon co-founder Mihailo Bjelic said in the press release shared with CoinDesk. “For Polygon Labs, implementing this tech will massively accelerate the development of the AggLayer, bringing real-time, affordable proofs that nobody thought would come for years, and much lower proving costs than previously thought possible in the medium-term.” Read the full article here

“TRON originated with the belief that technology can be used for good and to empower people across the globe,” Sun said in a release. “By collaborating with TRM Labs and Tether, TRON is helping to ensure that blockchain technology is used to make our world a better place, and sends a clear message that illicit activity is not welcome in our industry.” 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.…

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.…

“By analyzing the combined spot order books, particularly at the 0%-1% and 1%-5% spot order book depth, we see a pattern where low liquidity in the order book often coincides with market bottoms,” Shubh Verma, co-founder and CEO of Hyblock Capital, said in an interview with CoinDesk. “These low order book levels can be early indicators of a price reversal, frequently preceding a bullish trend.” Read the full article here

“Natasha has been instrumental in driving the creation of BCB Group’s first class compliance programme that now forms the bedrock of our regulated businesses,” CEO Oliver Tonkin said in an emailed statement. “Whilst I am sad to see her leave us, I am delighted to be able to announce she will be continuing to support BCB as a non-executive director of BCB Payments.” 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.…

As part of the settlement agreement Texas, Alabama, Arizona, Arkansas and Georgia have reached with Heit and his companies, all civil claims against GS Partners have been settled and investigations dropped and, in exchange, GS Partners will refund 100% of investments made by clients in settling states. Read the full article here

According to the report published Monday, investment fraud was the most pervasive – and expensive – type of crypto-related fraud in 2023. Of the more than 69,000 reports of crypto-related crime the agency received last year, nearly half were reports of investment fraud, and investment fraudsters made off with a whopping $4 billion. And while crypto crimes only made up about 10% of the complaints the FBI received, the $5.6 billion figure was roughly half the overall loss by complainants. Read the full article here

The fourth quarter remains a few weeks off, and between now and then, said Cipolaro, bitcoin bulls might only be able to look to factors outside of crypto for positive catalysts. Among them would be macro news like employment, inflation and Federal Reserve policies. There’s also the November presidential election, and while candidate Donald Trump has made very friendly overtures to crypto, far less is known about Kamala Harris’ position. Read the full article here