Crypto Trading

Crypto Trading

Finance

Gate bets all-in-one money app is crypto’s biggest consumer trend this year and next

Gate rebrands around Gate Money, which combines accounts, asset conversion, savings and card payments as the exchange broadens beyond its trading base.

Lin Han of Gate (Olivier Acuna/CoinDesk)

Finance

Crypto tech provider Haruko hit by cyberattack affecting 15 clients, some funds lost

Some smaller hedge funds with weaker security controls may have lost funds in the targeted attack, sources said.

Person wearing a skeleton mask, with a lifted finger to their mouth. (Max Bender/Unsplash)

Finance

Standard Chartered brings spot crypto trading to Dubai FX platform

The bank is now offering institutional crypto spot trading in the region, bringing BTC and ETH onto the same eFX rails that institutions use to trade dollars and euros.

The Standard Chartered logo on the outside of an office building (Corporate Locations/Unsplash)

Finance

North Korean hackers are moving tens of millions on Hyperliquid as Trump pushes to onshore the crypto platform

Blockchain data reviewed by CoinDesk shows wallets tied to North Korea’s Lazarus Group sold more than $30 million in bitcoin on the platform in the last three weeks alone.

North Korea has become the single most aggressive state actor operating in the crypto space today (Getty Images/BirgitKorber)

Markets

Crypto market makers are cashing in on bitcoin's rally - without betting on direction

As bitcoin surges back above $80,000, sophisticated trading firms are quietly collecting yield rather than making directional bet.

Bitcoin funding rate (CoinDesk data)

Finance

BitGo to buy NYDIG trading arm for $42.5M in cash and stock plus $15M earnout

The deal to buy NYDIG IF Holdings comprises $7 million in cash and around $35.5 million in stock, as well as the $15 earnout.

BitGo CEO Mike Belshe (CoinDesk archives)

Finance

B2C2 taps Schroders veteran to chase Asia’s growing crypto wealth

The institutional crypto liquidity provider is bringing on the former Schroders Wealth Management Asia chairman as it targets family offices and asset managers across the region.

Jason Lai, B2C2

Finance

Bullish shares surge 14% as subscription revenue offsets digital asset slowdown

Bullish's second-quarter loss of $280 million was mostly attributable to a $244.6 million markdown on the company’s bitcoin holdings.

Tom Farley, CEO of Bullish, and Lynn Martin, President of the New York Stock Exchange, speak at Consensus 2024 by CoinDesk.(Shutterstock/CoinDesk/Suzanne Cordiero)

Finance

EToro reports second quarter crypto loss even as total profit beats estimates

The trading platform’s gross crypto revenue fell to $1.35 billion in the second quarter. It also agreed to buy U.S. brokerage TradeZero for up to $231 million.

EToro CEO Yoni Assia. (Vanja Savic/Wikimedia Commons)

Finance

BitMEX sale collapsed as buyers balked at founder ownership and shrinking business

Potential buyers, including Exodus, passed on BitMEX amid concerns over founder ownership and its shrinking business, according to a source familiar.

(Shutterstock)