Binance determined the application was not necessary “when assessing [its] global needs.” The move is unrelated to the exchange’s legal settlement in the U.S.
The app and hardware device form two of the three keys used to secure a customer’s bitcoin, with the third stored on Bitkey’s servers. The third key is used to verify transactions made by customers using only their phone (when they don’t have the hardware device to hand) and to recover their wallet if they lose their phone, device or both.
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
The sale of 180,422 shares would have brought in $24.3 million at the closing price of $134.63. They rose as high as $147.86 on Tuesday. The sales took place from the Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF) exchange-traded funds (ETFs), according to an emailed statement.
“This proposal for a new P2P protocol version (v2) aims to improve upon this by raising the costs for performing these attacks substantially, primarily through the use of unauthenticated, opportunistic transport encryption,” according to the proposal. A key benefit is that “encryption, even when it is unauthenticated and only used when both endpoints support v2, impedes eavesdropping by forcing the attacker to become active.”
The listing on Luxembourg-based Bitstamp extends its access to retail traders and marks the first occasion a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange. The stablecoin market is dominated by crypto-native firms like Tether, developer of developers of USDT, and Circle, with USDC, both of which are pegged to the U.S. dollar.
ARK sold a total of 237,572 COIN shares across three different exchange-traded funds (ETFs): Innovation (ARKK), Next Generation Internet (ARKW) and Fintech Innovation (ARKF).
International Holding Company, which is chaired by Tahnoon bin Zayed Al Nahyan, brother of UAE president and Abu Dhabi ruler Mohamed bin Zayed Al Nahyan, acquired a 10% stake in Phoenix Group in early October.
As in 2022, crypto exchange Coinbase (COIN) is the biggest spender, with $2.16 million. Crypto.com owner Foris DAX, Binance and the crypto trade group the Blockchain Association are other big spenders. None of the organizations immediately responded to CoinDesk’s request for comment.
The two firms will be integrating their data sets to allow developers to map their user journeys which span Web2 events – like clicks and app installs – and Web3 events like NFT mints.
“They’re all standard: ethereum, a little bitcoin, SushiSwap, Uniswap. I have a couple of different things like that,” she said. Johnson has spoken bullishly about the prospects of blockchain technology in disrupting the financial system but referred to bitcoin as a “distraction” from this.
“Mr. Ronaldo’s promotions were published on public websites, television and social media accounts accessible to plaintiffs nationwide, including in Florida,” the suit reads. “On information and belief, in exchange for his services, Mr. Ronaldo received a substantial total compensation package which likely included compensation in the form of digital assets transmitted through the Binance platforms.”
“The first phase of our partnership involves a $20,000 grant, which will be allocated to five TON-based mini-apps,” the spokesperson said. “Meanwhile, we are in discussion with TON for more collaborations.”
The crypto exchange’s Nasdaq-listed shares reached their highest level since April 2022 at the start of the week, touching $119.77 on Monday. They fell 2.43% on Thursday to close at $124.72, but nonetheless remain at 19-month highs.
The findings have an echo of De Vries’ previous criticisms of Bitcoin, which have hitherto centered on the electricity usage of bitcoin mining. His tech research site Digiconomist, for example, keeps a log of the footprint of each bitcoin transaction, putting it on par with “808,554 Visa transactions or 60,802 hours of watching Youtube.”
MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.
Decentralized infrastructure is the use of blockchain technology and token incentives to build physical networks so other projects don’t need to incur the costs of buying and running their own equipment.
Cathie Wood’s investment management firm ARK Invest sold a further $5 million worth of Coinbase (COIN) stock on Wednesday while buying $2 million of shares in trading platform Robinhood (HOOD) and $1.5 million of online bank SoFi Technologies (SOFI).
Wormhole, which was recently separated from parent Jump Trading Group after it scaled back its crypto operations, is a developer platform which allows different blockchain networks to communicate with each other.
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating.
Setter aims to address “the complexity and unfriendliness of current wallet technologies,” making entry into Web3 a seamless experience for more users.
Gaming and metaverse-focused venture capital firm Animoca Brands has made an investment in the TON ecosystem and become the largest validator on the TON blockchain.
Multinational bank Standard Chartered (STAN) has started offering exchange services for the digital yuan, China’s central bank digital currency (CBDC).
Almost two-thirds of Israel’s Tron seizures were in 2023, including 39 from wallets Israel said in June were owned by Lebanon’s Hezbollah and 26 in July from Hamas ally Palestinian Islamic Jihad.
The discount shrank to 8.6% on Friday, the lowest since July 2021, in a sign of escalating optimism that a spot bitcoin exchange-traded fund (ETF) will finally be approved in the U.S. Analysts attributed the improvement to Grayscale’s meeting with the Securities and Exchange Commission (SEC) about turning the trust into a spot ETF. The discount hit a record low of almost 50% last December.
With smoking now banned, the age-old practice of paying for certain goods and services with cigarettes in prisons has given way to trading preserved fish. Bankman-Fried traded some pouches of “macks” for a haircut, the WSJ reported, citing people familiar with the matter.
The publicly traded company joins crypto-native firms HashKey Exchange and OSL Digital Securities with a license.
The BOK sees a CBDC as a potential answer to problems with existing government-issued grant systems, such as childcare vouchers or payments during the COVID-19 pandemic. The issues with existing systems include high transaction fees, slow settlement and fraud concerns.
Tonkin also previously held the role of general counsel at the firm. His elevation to CEO is a reflection of the “increasingly maturing crypto industry as the firm prepares for continued global growth and expansion,” BCB said.
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.