New Enterprise Ethereum Director Widens Tent to Include Exchanges and DeFi

Enterprise Ethereum Alliance (EEA), the business end of the second-largest blockchain, has appointed a new executive director, Daniel C. Burnett.

Crypto Lender Nexo to Enter Prime Broker Race, Enlists Chainlink for Audits

Nexo is preparing to enter the prime brokerage space with Chainlink-powered audits that will bring more transparency to its operations.

Global Shipping Giant Cosco to Trial Alibaba’s Ant Blockchain

Ant Financial claims its enterprise blockchain can handle a billion transaction a day and save costs in global shipping.

Cryptocurrency Exchange Kraken Adds New Banking Option for US Users

Kraken's U.S. customers can now make wire transfers from their accounts at MDV Bank to fund purchases of cryptocurrency.

Alleged Leader of OneCoin Ponzi Has Sentencing for Money Laundering Adjourned

Konstantin Ignatov has again had his sentencing date adjourned while he continues to cooperate with U. prosecutors.

Market Wrap: With Low Volatility, Traders Seem to Like $9,000 Bitcoin

Bitcoin traders love hitting buy on their terminals when the price is around $9,000.

Blockchain Bites: Crypto’s Bailout Millions, Brazil’s Binance Ban, Lightning’s Bug

Crypto firms received at least $30 million in government-backed loans, Brazil bans Binance's derivatives trading and Mercedes Benz' parent tests blockchain.

Bitcoin News Roundup for July 7, 2020

With BTC beating precious metals, Ethereum rising and a new report out on a lightning network vulnerability, CoinDesk's Markets Daily is back for your Bitcoin news roundup!

Binance Expands Reach With New Gateway for 15 Fiat Currencies

Binance users can keep their fiat funds with new partner Etana while buying and selling crypto assets on the exchange.

Gelato Gives Developers a New ‘Money Lego’ Tool for DeFi Applications

Decentralized exchange Gnosis will be the first major platform to integrate Gelato's audited v1 transaction automator for token swaps on Ethereum's mainnet.

With Chat Privacy Under Threat in US, Firm Develops ‘100% User-Controlled’ Messaging

Unstoppable Domains is working to give users full control over their chat data with a new decentralized protocol.

First Mover: Even Bank of America Acknowledges China Winning Digital-Currency Race

BoA researchers anticipate China's digital yuan might make a dent in the greenback’s global hegemony.

Ethereum Activity Metric Hits Highest Level in 2 Years

The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance.

Binance Acquires Crypto Debit Card Provider Swipe for Undisclosed Sum

Binance said Tuesday the acquisition of Swipe, which is already available in 31 countries, could significantly improve crypto adoption globally.

Crypto Exchanges See Big Drop in Volumes as Bitcoin Volatility Approaches 2020 Low

Crypto exchange volumes could continue falling should volatility remain at these low levels, said CryptoCompare CEO Charles Hayter.

FATF Under Germany: Expand Digital AML/CTF Efforts

Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.

Binance Gives 27,000 COVID-19 Masks to UK National Health Service

Binance has donated 27,000 KN95 masks worth over $60,000 to the U.K. National Health Service’s Pru Trust to aid the fight against COVID-19.

Mercedes Maker Daimler Tests Blockchain for Supply-Chain Data Sharing

Ocean Protocol has completed a proof-of-concept with Daimler, showing how the Mercedes-Benz maker can begin monetizing data across its supply chains.