Trump’s New Crypto Business to Offer Access to ‘High-Yield’ Investments, Website Says
World Liberty Financial is “the only crypto DeFi platform supported by Donald J. Trump,” according to homepage metadata.Source
Trump Keeps Teasing His New Crypto Project, but Details Remain Scant
The Trump family has for weeks loudly – but coyly – said they’re getting into crypto. More information might finally be coming soon.Source
El Salvador’s Bukele Says Bitcoin Strategy a ‘Net Positive,’ but Adoption Lags
El Salvador now holds $400 million in its “public wallet alone,” President Nayib Bukele said in an interview with TIME.Source
Blockchain Developer Alchemy Buys BWare, Pushing Into Europe, Adding About 25% to Staff
Company officials told CoinDesk this was its biggest acquisition to date, bringing on 42 developers and engineers from the Bware team and increasing Alchemy’s headcount to 210.Source
CoinDesk 20 Performance Update: UNI and ICP Lead Gains as Index Climbs 1.1%
Uniswap gained 3.4% and Internet Computer rose 2.8% in overnight trading.Source
First Mover Americas: BTC Regains $60K Following Slide This Week
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 29 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
‘Pig Butchering’ Scams Remain Dangerous Threat in Crypto Markets, Chainalysis Report Says
While other types of illicit activity are growing, scams are the biggest issue, Wednesday’s report from the analytics firm said.Source
Banks Using Permissionless Blockchains for Transactions Face Multiple Risks: BIS
Banks that transact on permissionless blockchains face multiple risks, including money laundering and terrorism financing, the Basel Committee on Banking Supervision said.Source
Cash-to-Crypto Industry Dominated by ATMs Is a Law-Enforcement Concern: TRM Labs
Since 2019, the cash-to-crypto industry—which is dominated by crypto ATMs—has processed at least $160 million in illicit volumes, according to a new study by blockchain analytics firm TRM Labs.Source