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Decentralized finance (DeFi) applications are popping off Tuesday, and the ETH price spike isn't the whole story.As of this writing, ETH is up around $20 since Monday. "Cryptocurrencies are still pretty correlated so with some of the developments around Craig Wright and BSV, that ended up moving the entire market,"
Read MoreAccording to an email sent to multiple users of the exchange and shared with CoinDesk, Valerie Gauthier, a victim specialist with the FBI, has been reaching out to former users of the exchange to alert them of a new portal containing information about the case, confirming that the investigation continues.
Read MoreBitcoin is up more than 8 percent in the last 24 hours. BSV, meanwhile, is up nearly a whopping 100 percent. The question is, of course, why? Is it some larger macro context? A pump-and-dump? Or just the crypto markets being as crazy as they are. The Breakdown invited guest
Read MoreMore than half of financial advisors in the U.S. are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found.The annual survey, released Tuesday, asked 415 advisors a range of questions on their crypto sentiments, including where they think the
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Read MoreThe U.S. Securities and Exchange Commission published a new warning against initial exchange offerings (IEOs) Tuesday. According to the notice, IEOs are similar to initial coin offerings (ICOs), many of which the agency has been investigating as unregistered securities offerings over the past several years. While IEO providers may claim
Read MoreIt’s been more than three months since Wyoming began taking applications to charter a new type of crypto-friendly bank, and no company has announced its application while a handful of firms have indicated an intent to apply. This hasn’t cooled hype around the charter’s potential. In October, Colorado announced plans to
Read MoreCryptocurrency exchange Binance has made its first direct investment in a South Korean startup.According to an exclusive report by CoinDesk Korea, Binance has taken a 500 million won ($432,000) stake in BxB, a Korean fintech firm that launched a Korean won stablecoin last year. Alongside the investment, the two firms
Read MoreBlockchain is listed as the number one “hard skill” in 2020 in a new report compiled by jobs site LinkedIn."Last year, cloud computing, artificial intelligence, and analytical reasoning led LinkedIn’s global list of the most in-demand hard skills," LinkedIn wrote in the report. "They’re all on the list again this
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