Category :News In 4 Seconds

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) can exert some control over the stablecoin issuer’s offshore usage. Tether’s association with crypto-mixer Tornado Cash is one such example. International Read More

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Bitcoin (BTC) had a strong week, Read More

Bitcoin’s latest move above $50,000 contradicts its record of posting sharp gains, mostly during bouts of weakness in the dollar index and Treasury yields. We could be seeing safe-haven demand for bitcoin from regions like Read More

Sam Bankman-Fried, found guilty of fraud last year, is due to be sentenced next month. The FTX bankruptcy looks likely to make its creditors whole as a result of the jump in crypto markets matters. Read More

The trial to see whether Craig Wright is the creator of bitcoin completed its second week. Wright’s sister took to the stand on Friday along with two other witnesses representing him. Wright left the Read More

Coinbase fourth-quarter earnings beat analyst expectations. KBW upgraded the stock to market perform from underperform. Shares surged as much as 15% in premarket trading. Crypto exchange Coinbase (COIN) reported fourth-quarter earnings yesterday after the market close, Read More

Digital bank Revolut is testing a beta version of a cryptocurrency exchange targeted at “advanced traders.” The exchange will offer lower fees than trading through the Revolut app alongside enhanced market analytics. Digital bank Revolut Read More