Tether and Circle Stablecoin Purchases Dominate in Argentina
Stablecoin purchases are proving popular for Argentine citizens amid a severe economic crisis in the nation.Source
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Entries by GRYZUoDLu7t8z22
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
The bankrupt exchange’s unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList.Source
The FTX Hack: The Unsolved SIM Swap Mystery
New rules from the SEC and FCC, and the former’s own SIM swap incident, are likely to raise scrutiny on crypto firms to clamp down on a scourge of identity-hacks, says Andrew Adams, partner at Steptoe.Source
Bitcoin Pushes Through $50K for First Time Since Late 2021
The world’s largest crypto has now roughly tripled in price in 2023, surely signaling the end of the industry’s long bear market.Source
Bitcoin Runs Into $50K Resistance as Sellers Step In on Binance, Coinbase
Bitcoin approached the $50,000 level Monday for the first time in more than two years, but selling pressure on exchanges stalled the advance.Source
Bitcoin Tops $49K as Spot ETF Inflows Accelerate
Bitcoin price approaches $49,000 Monday after strong spot bitcoin ETF inflows last week.Source
Digital Currency Group Reports Q4 Revenue of $210M, Up 59% Y/Y (Full Text)
Fourth quarter EBITDA was $99 million versus a loss of $7 million a year earlier.Source
First Mover Americas: Bitcoin Hovers Below $48K; Immutable X Soars
The latest price moves in bitcoin [BTC] and crypto markets in context for Feb. 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
Solana’s Second Phone Crosses 100,000 Presales, Securing $45M for Development
Solana Mobile’s “chapter 2” smartphone could ship in early 2025.Source
Ripple-Owned Crypto Custody Firm Metaco’s CEO and Head of Product Depart
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year.Source