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Author: samwsimpson_lyjt8578

Bitcoin Might Get Ethereum-Style Smart Contracts Under ‘BitVM’ Plan

The goal of BitVM is to enable Turing-complete Bitcoin contracts without making the network more complicated for other users.

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Author: Jamie Crawley

Crypto Bank Xapo Snags European Broker License, Will Offer Stocks Like Apple

The Markets in Financial Instruments Directive (MiFID) license will soon allow the firm to offer S&P 500 stocks. In addition, Xapo, which has always been bitcoin-only, plans to add Ethereum’s ETH.

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Author: Ian Allison

LIVE: Caroline Ellison Starts Day 2 of Testimony Against Sam Bankman-Fried

Former Alameda Research CEO Caroline Ellison retook the stand on Wednesday, after testifying that her former boss and boyfriend, Sam Bankman-Fried, had directed many of FTX’s now-public missteps.

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Author: Nikhilesh De

EU Markets Regulator Warns of DeFi’s ‘Serious Risks’

ESMA, responsible for rulemaking under the bloc’s landmark new crypto law MiCA, is worried about new forms of market manipulation when there’s no central counterparty

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Author: Jack Schickler

Tornado Cash Trading Volumes Nosedived 90% After U.S. Sanctions

While North Korean hackers have mostly moved to other Bitcoin mixers, some illicit use of Tornado Cash continues, a report from TRM Labs says.

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Author: Shaurya Malwa

Crypto Prime Broker Membrane Labs Raises $20M From Brevan Howard, Point72 and Jane Street

Membrane Labs, a cryptocurrency-focused trading and lending platform, has raised $20 million in a Series A funding round, with participation from big names like Brevan Howard Digital and Point72 Ventures. The capital will be used to help build the type of grown-up trading infrastructure the crypto space needs in order to avoid further disasters.

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Author: Ian Allison

First Mover Americas: JPMorgan Goes Live With First Blockchain-Based Collateral Settlement

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Lyllah Ledesma, Omkar Godbole

U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case

Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules

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Author: Jack Schickler

Bitcoin Is Fundamentally Different From Other Cryptocurrencies: Fidelity Digital Assets

The crypto’s technological breakthrough was not as a superior payment method but as a superior form of money, the report said.

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Author: Will Canny

Ellison Was CEO But SBF Was Still Boss at Alameda, Her Testimony Suggests

The testimony of Caroline Ellison, the former business, romantic – and by her estimation, criminal – partner of Sam Bankman-Fried, whom she identified upon prosecutors’ request – began in the vaguest of ways.

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Author: Danny Nelson, Sam Kessler, Nikhilesh De


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