Author: American Coins & Gold

Crypto Exchange Kraken's UK Derivatives Unit Looking to Expands Its Service: Bloomberg
The firm is looking move into a void in the crypto derivatives market left when FTX collapsed last November.

Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.

Former FTX Executive Ryan Salame Will Plead Guilty to Charges: Bloomberg

Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.

First Mover Americas: Crypto Trading Volume Hits 4-Year Low
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Find Who’s Responsible for DeFi Projects and Regulate Them, Global Securities Body Says
Iosco worries decentralized financial applications could harm investors and markets – and casts doubt on their main premise

Blockchain and AI Are Set to Transform Financial Markets: Moody's
Incorporating AI and DLT into business models may require “substantial investment” at first – but could help lower expenses and improve market liquidity over time, a new report said.

Blockchain, AI Set to Transform Financial Markets: Moody's
Incorporating AI and DLT into business models may require “substantial investment” at first – but could help lower expenses and improve market liquidity over time, a new report said.

Pantera Capital Leads .5M Investment in ZK-Powered DEX Brine Fi at 0M Valuation
The investment happens at a time when crypto venture capital has mostly dried up and trading volumes plummeted.

Crypto Spot Market August Trading Volume Hits 4.5-Year Low as Volatility Fails to Spur Activity
Volatility following the Grayscale’s court victory over the SEC failed to translate into trading volumes on centralized exchanges, CCData said.