Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Cryptocurrencies suffered substantial losses as the U.S. business day came to a close, with bitcoin (BTC) tumbling below $59,000 and Ethereum’s ether (ETH) losing...
Tokenization Pioneer Centrifuge Unveils Lending Market With Morpho, Coinbase
The market will allow for the collateralization of and borrowing against Centrifuge’s Anemoy fund, tokenized T-bills from Midas and Hashnote’s U.S. Yield Coin. It’s...
Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost
Bitcoin fell below $63,000, marking a 1.4% drop in 24 hours, influenced by profit-taking after a recent rally. QCP Capital noted options-market activity that...
Jailed Binance Exec’s Nigeria Case to Be Heard a Month Early
Nigeria’s money laundering case against Binance and its executives is set to resume on Sept. 2. Detained Binance executive Tigran Gambaryan has been stuck...
Telegram Under Scrutiny in India, But Ban not Imminent: Reports
Telegram is under investigation in India but a ban is not imminent, multiple reports in India have said. India’s Information Technology Ministry asked the...
Crypto Bank Xapo to Manage $200M Bitcoin-Denominated Hedge Fund With Hilbert Capital
Xapo Bank and Hilbert Capital, the asset management arm of Swedish investment firm Hilbert Group (HILB), plan to manage a bitcoin (BTC)-denominated hedge fund...
Telegram CEO’s Arrest Is Unlikely to Be the Last: Galaxy
The first major arrest of a prominent messaging or social media company CEO may not be the last, Galaxy said. Telegram and Durov were...
MakerDAO Is Now ‘Sky’ as $7B Crypto Lender Rolls Out New Stablecoin, Governance Token
The new USDS stablecoin and SKY governance token will be available on Sept. 18 with a new DeFi application to interact with the protocol....
First Mover Americas: Bitcoin Drops as Traders Take Profits
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in...