Jan 30, 2024

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including a new report from the Financial Times stating that crypto exchange Binance now allows larger traders to keep their assets at independent banks.

Video transcript

Crypto traders take bets on the 2024 elections and a digital cat sale that's far from perfect. You're watching coin desk daily. I'm your host, Jen Sei, the largest Cryptocurrency exchange in the world appears to be making some changes according to the financial Times B now allows larger traders to keep their assets at independent banks. Previously, they had to hold their assets on the exchange or at its custodial partner. Now they can reportedly use some crypto friendly institutions. The move comes after Bin's regulatory dispute in the US landing a $4.3 billion fine last year. Tap root wizards debut sale of Bitcoin inscriptions. Quantum Cats got off to a rocky start. The much anticipated sale was marred by technical issues on Monday resulting in a delay and leaving many users frustrated. Quantum cats posted on X that they are postponing the mint to Thursday and retweeted a post that stated despite the mint website not functioning well, almost 1000 cats were minted successfully. And traders from decentralized prediction platform poly market have a new US presidential prediction. 55% expect former President Donald Trump to win the 2024 election again. Current President Joe Biden clocked in with the odds of 38% and Republican Nikki Haley garnered about 1% since its debut in 2020 poly market has been one of the preferred destinations for traders looking to bet on binary events. However, us residents are not allowed to trade on it. That's it for coin desk daily, get more updates on coindesk.com and we'll see you next time.

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