Latin American Exchange Bitso Taps Coincover for Security Services
Bitso will use Coincover’s non-custodial disaster recovery service and its risk engine to monitor outgoing transactions in real time.Source
CoinDesk 20 Performance Update: LTC and ICP Take the Lead as Index Inches Higher
Litecoin gained 2.1% while Internet Computer rose 1.9% in overnight trading.Source
First Mover Americas: Bitcoin Drops to Under $58K After U.S. CPI Data
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source
ZynCoin Launches ‘Comfy,’ a Physical Collectible That Earns Tokens as Rewards
It’s a tin for Zyn.Source
Bitcoin Mining Was Less Profitable in July Than June, Jefferies Says
August will be a more difficult month for the miners as the price of bitcoin has dropped about 5% while the network hashrate has started to grow again, the report said.Source
Binance Completes Registration With India’s Financial Intelligence Unit Months After Being Fined
The registration was provisionally approved in June, subject to the crypto exchange paying a fine of about $2.2 million.Source
BitGo Reiterates Autonomy From Justin Sun, Tron as MakerDAO Decides to Dump WBTC
Critics of Sun’s involvement don’t understand the operational mechanics, the crypto custodian’s CEO, Mike Belshe, said during an X Space discussion.Source
Bitcoin Drops to $58K After U.S. CPI Print, BTC ETFs Record $81M Outflow
Traders say bitcoin could drop to $55,000 in the near-term, but favorable Fed policies could set the stage for its next leg up.Source
U.S. Crypto Bill Can Happen This Year, Senate’s Schumer Tells Crypto Backers of Harris
U.S. crypto legislation can happen this year, Senate Majority Leader Chuck Schumer (D-N,Y,) said Wednesday at the first major event in which crypto insiders have come out for Vice President Kamala Harris as their favored presidential contender.Source
Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post.Source