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October 19, 2023

DCG, Genesis Were the ‘Adults in the Room’ but Didn’t Behave Like It

DCG CEO Barry Silbert has a credible claim his subsidiary lending firm was lied to by Sam Bankman-Fried, as New York’s attorney general accuses Genesis of lying to the public. (Kevin Moloney/Fortune Brainstorm TECH/Flickr, modified by CoinDesk)

News
October 19, 2023

Bitcoin Eyes $29K, Defying Fresh Crypto Lawsuit, Rate Fears

The New York Attorney General filed early Thursday a lawsuit against Genesis, Gemini and DCG for allegedly defrauding investors of $1 billion.

News
October 19, 2023

U.S. Treasury Seeks to Name Crypto Mixers as ‘Money Laundering Concern’

The U.S. Department of the Treasury’s financial crimes arm is proposing to label crypto mixers as a “primary money laundering concern” in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from anonymous crypto funds, including possibly Hamas.

News
October 19, 2023

Will Lawsuit Against DCG Impact GBTC’s Chances of an ETF Conversion?

Analysts are speculating over whether the lawsuit might have any implications for its GBTC conversion chances.

News
October 19, 2023

‘Absolutely Not’: FTX’s Former General Counsel Says He Never Approved Loans of Customer Funds

Can Sun testified on day 12 of the Sam Bankman-Fried trial.

News
October 19, 2023

Crypto for Advisors: What Will Trigger Crypto Mass Adoption?

Andy Baehr, head of CoinDesk Indices discusses scenarios that could be the drivers of mass adoption in crypto.

News
October 19, 2023

Global Bitcoin ATM Numbers Sink to Lowest Level Since 2021

Since the end of last year, the number installed has dropped 7,000, or 17%.

News
October 19, 2023

Bitcoin Could Rise to Between $42K and $56K if BlackRock ETF Is Approved: Matrixport

Bitcoin will rise to between $42,000 and $56,000 if a BlackRock spot bitcoin (BTC) ETF is approved, crypto services provider Matrixport said in a report Thursday.

News
October 19, 2023

What Crypto Can Learn From Regulatory Overhauls at PayPal, Robinhood and Revolut

(Marques Thomas/Unsplash, modified by CoinDesk)

News
October 19, 2023

Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians

Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust.

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