Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto
If a financial giant can’t navigate the red tape, who can?Source
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Entries by GRYZUoDLu7t8z22
MakerDAO Votes to Halt Lending to Tokenized Credit Pool After $2M Loan Default
The embattled Harbour Trade credit pool minted $1.5 million of DAI stablecoin secured with loans to a consumer electronics firm, which defaulted on $2.1 million of debt.Source
UK’s FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.Source
FTX Users Potentially Targeted in Possible Phishing Attack as Bankruptcy Claims Deadline Nears
Multiple FTX users have received a “reset password” request from the defunct exchange’s official email address as it appears a hacker is attempting to secure control of user’s bankruptcy claims.Source
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.Source
Binance Labs Invests $10M in DeFi Lender Radiant, RDNT Jumps 10%
The protocol was built on the architecture of LayerZero, which raised $120 million at a $3 billion valuation earlier this year.Source
Macro State of Crypto – Where It Has Been and What’s Next
Analytics can offer insight into how recent and past crypto and regulatory events have affected prices and movement. Plus: A quick Q&A on retirement funds.Source
First Mover Americas: XRP Momentum Could Set Precedent for Bitcoin
The latest price moves in bitcoin (BTC) and crypto markets in context for July 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
The GBTC Discount Is Narrowing; Here’s Why It Matters
The possibility the SEC will approve the conversion of GBTC into an ETF is playing a role in the discount narrowing, according to analysts.Source