The Financial Transactions and Reports Analysis Centre of Canada (Fintrac) said it fined Xeltox Enterprises Ltd. (which operates as cryptocurrency platform Cryptomus), a record C$176.96 million ($126 million) for widespread compliance failures under federal anti-money laundering and counter-terrorist financing laws. The fine related to over… Read More
Tesla (TSLA) continued to hold 11,509 BTC, valued at around $1.35 billion as of the end of the third quarter (valued somewhat less as of today). The rise in bitcoin’s value during the third quarter allowed the company to book an $80 million gain on… Read More
Bitcoin may dominate the crypto headlines, but the real growth story of the next five years will be stablecoins, the digital dollars that are modernizing the way money moves around the globe. Yes, the original cryptocurrency is rapidly becoming an ideal non-sovereign global store of… Read More
Digital asset prime broker FalconX agreed to acquire crypto asset manager 21Shares, the Wall Street Journal reported on Wednesday. The deal, terms of which were not disclosed, will allow FalconX to expand beyond market making and liquidity services into issuing crypto exchange-traded funds (ETFs), a… Read More
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Prediction… Read More
The governance token of Aave AAVE$226.98, the world’s largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff. The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as… Read More
