Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
Kraken Institutional operates under the exchange’s state-chartered banking license in Wyoming, attained back in 2020.
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Berachain’s Crypto Trade Aggregator Ooga Booga Raises $1M
(Mark Basarab/Unsplash)
First Mover Americas: BTC’s Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
The latest price moves in bitcoin (BTC) and crypto markets in context for March 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
DOJ’s Proposed 50-Year Sentence for Sam Bankman-Fried ‘Disturbing,’ FTX Founder’s Lawyers Say
Sam Bankman-Fried’s defense team pushed back against what it called the “disturbing” sentencing memorandum filed by the Department of Justice last week in a new letter, saying the DOJ was making the FTX founder out to be someone he was not.
Immutable, King River Capital, Polygon Labs Set Up $100M Web3 Gaming Fund
Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.
Ether ETFs Likely Won’t Get Approved in May, Bloomberg Analyst Predicts
Odds that spot ether ETFs will get approved in May have gotten slimmer, according to a Bloomberg ETF analyst who cited U.S. regulators’ seeming lack of engagement with potential issuers over the products.
BlackRock Creates Fund With Securitize, a Big Player in Real-World Asset Tokenization
The fund was seeded with $100 million in USDC stablecoin using the Ethereum network, blockchain data shows.
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday’s FOMC meeting, one market observer said.
Polygon Labs Paid $4M to Host Starbucks’ Failed Foray Into Crypto: Sources
Polygon once hailed Starbucks
Luxor Looks to Help Bitcoin Miners Hedge Halving Risk With New Hashrate Futures
The bitcoin mining software and services company partnered with Bitnomial to offer cash-settled hashrate futures.