CoinDesk 20 Performance Update: Index Falls 2.1% with Only Two Gainers
Internet Computer gained 2.7% and Uniswap rose 0.3%, as all 18 other assets declined.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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Binance.US Chooses Fireblocks to Bolster Crypto Custody, Staking Services
The exchange will use Fireblocks to power hot and cold custody, customer deposits and withdrawals, and further expand staking services.
Osmosis Launches Cross-Chain Token Portal 'Polaris,' Expanding Beyond Cosmos Roots
Polaris is described as a "token portal" aimed at solving one of decentralized finance's biggest challenges: fragmented user experience.
U.S. Core Inflation Rose 0.3% in August, Faster Than Anticipated
Prior to this report, the Fed was widely expected to trim its benchmark lending rate by 25 basis points at its policy meeting next week.
Doors Open at Prometheum as Much-Disputed Firm Tests Crypto Tokens as Securities
While the broader crypto industry fights with the U.S. Securities and Exchange Commission about the agency's labeling of most tokens as securities, Prometheum is swinging open its doors for a long-awaited test of its strategy to assume the SEC is…
EU Regulator Sees Official Journal Publication of Stablecoin Standards Before Year-End
The European Banking Authority estimates that 15 technical standards for crypto platforms like stablecoin issuers will become official before the end of 2024.
First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
India and Nigeria Lead the World in Crypto Adoption Again, but Indonesia Is Fastest Growing: Chainalysis
India and Nigeria have maintained the top two positions in the world in terms of grassroots crypto adoption but Indonesia is the fastest growing, according to blockchain analytics firm Chainalysis' annual report released Wednesday.
Crypto Goes Unmentioned Again at Second Presidential Debate
Crypto did not emerge as a topic of discussion during the second presidential debate, but that didn't stop the candidates from going back and forth on a number of other topics.
AI Tokens ICP, FET Buck Crypto Market Drop as Apple Flags Artificial Intelligence Foray
The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone.
Bitcoin Mining Was Significantly Less Profitable in August, Jefferies Says
September could be another difficult month for the miners as bitcoin remains below $60K and the network hashrate continues to rise, the report said.
Tokenized RWA Platform Huma Finance Gets $38M Investment, Plans Expansion to Solana and Stellar’s Soroban
Huma's payment-finance platform aims to address the liquidity needs of trade financing using blockchain technology for faster settlement.
Indonesian Crypto Exchange Indodax Hacked for $22M; Pauses Activity Before Bigger Hit
The exchange is focused on the Indonesian market and recorded $11 million in trading volumes on Monday.
Singapore Investigating Seven People for Providing Worldcoin Services
Singapore is investigating seven "subjects" for offering services of buying or selling of Worldcoin accounts and tokens which is an offence, a written reply in parliament by the government revealed on Tuesday.
Bitcoin Slides, Yen Gains as Trump-Harris Debate Disappoints Markets
Asian markets and U.S. stock futures experienced a downturn, with Bitcoin dropping over 2% to $56,300, reflecting a risk-off sentiment in financial markets following the presidential debate where Kamala Harris was perceived to outperform Donald…
Caroline Ellison Shouldn't Go to Jail After FTX Collapse, Attorneys Say
Former Alameda Research CEO Caroline Ellison should be sentenced to time served and a non-custodial term after her cooperation with prosecutors in taking down Sam Bankman-Fried, her attorneys said in a late Tuesday night filing.
Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests
Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned.
Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24
Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT.
Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst
Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week's fear-inducing plunge.
Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert
The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth.
Stablecoins vs Tokenized Deposits: Why the Differences Matter
Aren’t stablecoins and tokenized deposits the same thing? Not at all, argues Noelle Acheson. It’s not just the different functionality and treatment, it’s also the different approaches to money.
PayPal, Venmo to Accept ENS's Human-Readable Blockchain Names
The news could signal a renewed interest from traditional payment platforms in cryptocurrencies and blockchain technologies.
Solo Bitcoin Miner Wins Big After Securing an Entire Block Reward
A solo bitcoin {{BTC}} miner beat a swathe of powerful mining pools to receive a $181,000 reward after mining block 860749 on Tuesday.
Second U.S. Firm tZero Said to Become Crypto Broker Dealer Under SEC Oversight
A second company, tZero Group Inc., said it's achieved status as a fully registered U.S. broker dealer under a rule allowing for crypto firms to join those ranks, following a path previously blazed by Prometheum Inc.
Core Scientific Is Uniquely Placed to Deliver AI Data Center Scale in the Near Term: Bernstein
The bitcoin miner benefits from readily available sites and power, less competition and the ability to hire strong data center talent, the report said.
CoinDesk 20 Performance Update: ICP and RNDR Lead as Index Inches up 0.5%
Internet Computer gained 4.0% while Render rose 3.5%.
Polygon to Buy $5M of Servers With Computer Chips Devoted to Zero-Knowledge Cryptography
The purchase is part of a deal with hardware maker Fabric, that is also producing custom zero-knowledge chips for Polygon's AggLayer.
UK Regulator Charges First Individual With Running a Network of Illegal Crypto ATMs
Olumide Osunkoya, 45 year old Londoner has been accused of running crypto ATMs that processed british pounds 2.6 million ($3.4 million) in crypto transactions across various locations.