CoinFlash


Markets

ParaFi Invests and Begins Staking in Bitfinex Spin-Out Exchange

ParaFi and D1 have invested a total of $450,000 into Bitfinex spin-out DeversiFi and will now play a governance role in the project's DAO.

(DeversiFi)

Markets

BCB Group Teams With Circle to Offer EU Institutions USDC Stablecoin Settlement

BCB Group will integrate with Circle's platform in a bid to make the USDC stablecoin more widely available.

Jeremy Allaire, Circle (CoinDesk archives)

Markets

Binance Says Licensed Entities Can Now Use Its Stablecoin After Watchdog Approval

NYDFS has added Binance USD to its approved list, cutting away most of the red tape around custody and listing of the stablecoin.

(Shutterstock)

Tech

Polkadot Releases Rococo, Its Test Environment for Interoperable 'Parachains'

Polkadot has released its first testnet, Rococo, for its parachain network. The testnet will commence with three parachains, Parity Technologies said.

(David Clode/Unsplash, modified by CoinDesk)

Markets

Federal Reserve Is Rushing to Get Its Instant Payments Offering Ready

COVID-19 proved the need for FedNow, even though the U.S. central bank admits the service is still years away.

Federal Reserve Board Governor Lael Brainard (Shutterstock)

Markets

German Regulator Seizes Crypto ATMs

Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.

A shitcoins.club crypto ATM (shitcoins.club)

Markets

Goldman Sachs Eyes Own Token as Bank Appoints New Head of Digital Assets

The new digital asset head at Goldman Sachs said the bank is considering launching its own possibly fiat-backed cryptocurrency.

Goldman Sachs Tower, Jersey City, New Jersey

Markets

IDEX Raises $2.5M to Rebuild Hybrid Exchange for Algorithmic Traders

The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform.

(Tommy Lee Walker/Shutterstock)

Markets

Judge Worries Plaintiffs' Lawyers Trying to Line Their Pockets in Block.one ICO Lawsuit

The U.S. district judge criticized some plaintiffs in a class-action lawsuit against Block.one for appearing to be an attempt to earn high legal fees.

U.S. District Court for the Southern District of New York

Markets

Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules

Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for freedom.

Brazil's supreme court (Ricardo/Flickr)