“The discount BitGo received was conditional on the tokens remaining locked, and they were moved to exchanges roughly two months before the first unlock,” DWF said, according to the FT’s report. “We raised this with BitGo in April and May, and with no undertaking forthcoming,… Read More
Through this integration, users will be able to send Circle’s stablecoin, USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing. Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMF’s… Read More
“Businesses need to know the commitments behind payments and credit will be honored,” Joey Krug, a partner at Founders Fund, said in the announcement. “Anvil lets them secure those commitments with verifiable digital asset collateral, and the new SDK makes it easier to integrate into… Read More
Coinbase spent enough to make the top-ten in the overall category of securities and investment lobbying, according to OpenSecrets.org, above even Goldman Sachs Group Inc. and Andreessen Horowitz. In U.S. law, lobbying must be legally disclosed through federal filings (though plenty of soft lobbying happens… Read More
Wallets linked to Bitget’s $387.5 million hack moved about $3.9 million in zcash (ZEC) into the cryptocurrency’s private payment system on Wednesday, making the stolen funds harder to follow as the exchange tries to recover them. CoinDesk’s review of transaction records found that 2,746 ZEC… Read More
“The reason for this behaviour is SHIELD. It automatically detects deviations in flows, collects numerous inputs from KYT and intelligence providers, independent researches, companies and largest centralised players in the industry. Based on these signals the protocol can decide how to handle a transaction,” Shevchenko… Read More
