Coinbase Shares Slump After SEC Files Suit Against Company
Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.
U.S. Doesn’t ‘Need More Digital Currency’ Because It Has the Dollar, Says SEC’s Gensler
Gensler’s comments follow landmark suits filed this week against Binance and Coinbase.
Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks
In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.
Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding
Meanwhile’s target audience is U.S. citizens with large BTC holdings, an audience from which it has “seen a lot of early demand.”
Bankers Shopping FTX’s ‘Hundreds of Millions of Dollars’ Stake in AI Startup: Report
At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude.
Why this U.S. Local Weather Scientist is Leaving Trump’s America For France
Should you don’t give a Congressperson a motive to care about the science, should you don’t say, “Well, if we do this kind of labor, then it’ll enhance our understanding of forest fires in your state,” for instance, then that type of argument provides a hook, supplies a motive for politicians to develop into invested in the kind of science […]
Privacy Concerns Dominate CBDC Discussion at Consensus 2023
Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.
Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report
Based on intimate, curated group discussions that took place at Consensus 2023, it covers a wide range of pressing issues for the digital assets industry.
El Salvador’s Volcano Energy Secures $1B in Commitments for 241 MW Bitcoin Mine
The 241 MW site will be powered by wind and solar energy.
Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters
Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news.