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Newsletters

Introducing Crypto for Advisors, a Newsletter for Financial Planners

A new CoinDesk newsletter defining crypto, digital assets and the future of finance.

News  ·  23 August 2021
Stablecoins

USDC to Be Backed 100% by Cash, US Treasurys

The USDC developer revealed last month that only 61% of tokens were backed by "cash and cash equivalents."

News  ·  23 August 2021
Visa

Visa Takes First Step Into NFTs With CryptoPunk Purchase for Almost $150K

Visa bought CryptoPunk 7610, one of 3,840 "female" punks.

News  ·  23 August 2021
China

Crypto Trading Isn’t Protected by Law, Shandong Province High Court Says

The ruling contradicts that of a court in Shanghai last week.

News  ·  23 August 2021
Hacks

Poly Network Hacker Releases Private Key for Remaining Looted $141M

In a note to the Poly Network team, the attacker referred to the saga as "one of the most wild adventures in our lives."

News  ·  23 August 2021
Crypto Exchange

Upbit Is First Korean Exchange to Register With Authorities Before September Deadline

Crypto exchanges that don't register by Sept. 24 face being shut down in South Korea.

News  ·  23 August 2021
Blockchain

Most Executives See Digital Assets as Strong Fiat Alternative in Next 5-10 Years: Deloitte

Cybersecurity, regulation and privacy are seen as the biggest obstacles to global adoption of digital assets, according to a Deloitte survey.

News  ·  23 August 2021
Coinbase

Coinbase Says USDC Reserves to Be Held in Cash, Short-Term Treasurys From September

President and COO Emilie Choi in a Twitter post on Monday clarified earlier language on the crypto exchange's website.

News  ·  23 August 2021
Binance

Binance Hires Former Abu Dhabi Global Market Head as Singapore CEO

The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.

News  ·  23 August 2021
Funding Rounds

Taiwan’s XREX Blockchain Firm Raises $17M in Funding Round Led by CDIB Capital

Funding will go toward expanding the firm's fiat currency portfolio, acquiring additional licenses and furthering partnerships.

News  ·  23 August 2021
PayPal

PayPal Brings Crypto Service to UK Customers

Rollout of PayPal's first expansion of its crypto offering outside the U.S. will begin this week.

News  ·  22 August 2021
Bitcoin Futures

AdvisorShares Files for Bitcoin Futures ETF

Morgan Creek Capital will serve as a sub-adviser for the AdvisorShares Managed Bitcoin ETF.

News  ·  21 August 2021
HitBTC

Sentinel Network Reports Theft of 40M DVPN Coins in HitBTC Breach

Sentinel said that the coins were stolen because of a vulnerability in HitBTC’s mnemonic phrase.

News  ·  20 August 2021
Brazil

Binance Suspends Futures in Brazil Citing Regulatory Requirements

The product was removed in response to an order from the Brazilian Securities Commission.

News  ·  20 August 2021
VanEck

VanEck, ProShares Abruptly Withdraw Ether Futures ETF Proposals

Investment firms Van Eck and ProShares have both withdrawn their applications with the SEC for approval of ether futures ETFs, just two days after filing them.

News  ·  20 August 2021