CoinDesk

Wyoming’s New Crypto Banking Law Could Defang New York’s BitLicense

There may be a way for cryptocurrency businesses to get around New York's notoriously hard-to-get BitLicense, and it runs through Wyoming.

US Authorities Arrest Alleged SIM Swappers After Crypto Thefts

The FBI has arrested two individuals on charges of stealing and attempting to steal $550,000 in cryptocurrency by SIM swapping 10 victims.

Northern Trust Testing Fractionlized Bonds on Blockchain

The U.S.-based custody bank is looking to offer fractions of tokenized bonds to retail and small professional investors.

DeFi Startup Compound Finance Raises $25 Million Series A Led by A16z

It's one of the largest venture capital investments in a decentralized finance (DeFi) startup to date.

Fake Website Prompts China’s Central Bank to Deny Digital Yuan Launch

Despite online impostors claiming otherwise, the People’s Bank of China said the country’s stablecoin project is still in the testing phase.

OneCoin Founder’s Brother Faces 90-Year Jail Term After Plea Deal

The brother of OneCoin's infamous "Cryptoqueen," Konstantin Ignatov has reached a plea deal with U.S. authorities.

WATCH: Coinmine Adds Interest Payments to Its At-Home Crypto Miners

The company now offers 6.5 percent interest on earnings held in Coinmine wallets.

Ledger’s Vault Scores $150 Million in Crypto Insurance From Lloyd’s Syndicate

The move is another sign that the insurance industry is gradually becoming comfortable writing coverage for digital assets.

Coinbase Expands Reach of Visa Card in Europe, Adds 5 New Cryptos

The exchange has added new crypto options to its Visa debit card, including XRP, XLM and REP, and also expanded availability to 10 more nations.

Bitcoin Hovers Near Price Support as Long-Term Bear Cross Looms

Bitcoin may soon face selling pressure, courtesy of an impending bear cross. Longer term, though, the picture may be less gloomy for the bulls.

PayPal’s Axing of Pornhub Model Payments May Boost Crypto Conversions

Pornhub may expand the range of cryptocurrencies it offers to pay adult performers for their work after PayPal abruptly cut off service.

Samsung SDS Beefs Up Privacy on Its Business-Grade Blockchain

Samsung SDS, the enterprise tech arm of the South Korean behemoth, is enhancing privacy on its Nexledger blockchain with zero-knowledge proofs.

Crypto.com Grows Offerings With New Exchange and Fundraising Platform

The exchange, along with its existing wallet and debit card service, readies Crypto.com for rainy days and bull runs alike, CEO Kris Marszalek said.

Swiss SIX Exchange Lists Tezos ETP With Staking Rewards

Amun AG has listed a Tezos (XTZ)-based exchange-traded product on the Swiss SIX exchange.

Fintech Arm of Chinese Insurance Giant Files for US IPO After Blockchain Push

OneConnect Financial Technology, the banking and blockchain arm of China's largest insurance company, filed a prospectus with the SEC on Wednesday.

Bitcoin Miner Maker Canaan Sets $100 Million Target for US IPO

Canaan, the world's second-largest bitcoin miner maker, is aiming to raise $100 million with its initial public offering.

Data Provider Messari Closes $4 Million Funding Round

Messari's funding round was led by Uncork Capital and joined by Coinbase Ventures and Balaji Srinivasan, among others.

Kik Suffers Setbacks With ‘Void for Vagueness’ Defense in SEC Case

Kik has hit a brick wall with its ambitious "void for vagueness" defense in a case brought by the SEC over its $100 million initial coin offering.

Winklevoss Capital, Coinbase Back $1.8 Million Round for Bitski Crypto Wallet

The startup looks to boost mainstream crypto adoption by making it easier for developers to put crypto wallets in their applications.

ASX-Listed DigitalX Seeds New Fund With Half Its Bitcoin Holdings

The first ever cryptocurrency firm to be listed on a major stock exchange has launched a new bitcoin fund.