Coinbase Knew It May Have Been Violating the Law Prior to the SEC’s Lawsuit, Regulator Claims
Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)
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BlackRock CEO’s Turnabout on Bitcoin Elicits Cheers, Skepticism of Crypto Cred
BlackRock CEO Larry Fink’s change of heart on bitcoin could make it easier for fellow Wall Street executives to embrace cryptocurrencies, but experts warn that his favored financial instrument – the exchange-traded fund, or ETF – is an investment vehicle that’s categorically different from the core idea behind digital assets, and could push the industry in the wrong direction.
Storj, Filecoin and Solana Lead First Week of July Crypto Market Gains
STORJ, the native token of the crypto-backed, cloud storage platform, rose 15% on the week, far outdistancing bitcoin and ether, among other digital assets.
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
Collectors Are Bored of Apes and Don’t Want to Pay Royalties
This week, the floor price of the Bored Ape Yacht Club NFT collection dropped to its lowest price in nearly two years, leading to questions about the collection’s value. But floor price is just one metric used to value NFTs – experts explain that there are other important factors in assessing what an NFT is worth.
Polygon Labs Promotes Boiron to CEO; President Wyatt to Depart
The management changes come as Polygon, which runs two of the most closely watched networks for scaling Ethereum transactions, is in the midst of a rebrand to the next chapter of its corporate development, known as “Polygon 2.0.”
Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging ‘Fraud’
Gemini and its founders sued Digital Currency Group on Friday alleging that it incurred losses due to DCG’s “false, misleading and incomplete representations” tied to DCG subsidiary Genesis’ work with Gemini on the crypto company’s Earn product.
U.S. Added 209K Jobs in June, Missing Expectations for 230K
The unemployment rate TKTK to 3.X% versus 3.7% in June and against expectations for 3.7%.
Avail, Spun Out of Polygon, Launches Data Attestation Bridge to Ethereum
The move represents a step forward in Avail’s plan to help secondary networks in the Ethereum ecosystem to speed up their processing – by giving them an alternate way to store the data, and verify its existence and availability, besides storing it on the main blockchain.
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk.