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August 8, 2024

NEAR Pushes ‘Signatures’ on Mainnet, in Growing Trend of Chain Abstraction

The feature was introduced in testnet in March, and allows users with a NEAR account to sign transactions on blockchains it supports, without the need for cross-chain bridges.

News
August 8, 2024

Crypto Asset Manager Algoz Taps Standard Chartered-Backed Zodia Custody for Safer Investing

Algoz will use Zodia’s Interchange service to offer off-venue settlement and mitigate risks around liquidity and insolvency.

News
August 8, 2024

First Mover Americas: Crypto Prices Little Changed, XRP Surges

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

News
August 8, 2024

Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash

A wallet linked to the $200 million hack of the Nomad bridge in 2022 transferred 14,500 ETH to sanctioned coin-mixing service Tornado Cash, according to blockchain security firm PeckShield.

News
August 8, 2024

Japan’s Top Regulator Says Crypto-ETF Approvals Need ‘Cautious Consideration:’ Report

The boss of Japan’s Financial Services Agency (FSA) has said “cautious consideration” needs to be given to the decision of approving crypto-related exchange-traded funds.

News
August 8, 2024

Metaplanet Arranges Loan to Buy $6.8M of BTC

The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.

News
August 8, 2024

XRP Jumps 17%, Beating Bitcoin Gains, as Ripple-SEC Case Ends

Trading volumes nearly tripled and open interest on XRP-tracked futures jumped $200 million in the past 24 hours.

News
August 8, 2024

Bitcoin Faces Risk From ‘Maxed Out’ U.S. Consumers, Analyst Says

U.S. consumers are accumulating debt at a slower rate, data released Wednesday showed.

News
August 8, 2024

FTX, Alameda Ordered to Pay $12.7B to Creditors by U.S. Judge

United States District Judge Peter Castel passed the approval on August 7, a filing shows. It did not seek a civil monetary penalty.

News
August 8, 2024

Kamala Harris, Donald Trump Tied on Polymarket on Who Will Be The Next U.S. President

Donald Trump’s chances of winning the 2024 election have declined 13 percentage points in the last month.

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