Ethereum Entities Largely Complied With Tornado Cash Sanctions, NY Fed Paper Says
The Federal Reserve Bank of New York published a report Wednesday morning assessing the effect sanctions had on Tornado Cash.
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UK Regulator FCA Has Issued Over 1K Warnings to Crypto Firms Since October
The FCA's actions have led to the removal of 48 apps from U.K. app stores, Lucy Castledine, the regulator's director of consumer investments, said in an interview.
CoinDesk 20 Performance Update: SOL Leads with 3.9% Gain as Index Rebounds
Twelve assets in the CoinDesk 20 are trading higher, with SOL up 3.9% and BCH up 2.2%.
Wallets Tied to $4B PlusToken China Ponzi Move 2.8K Ether
In November 2020, Chinese authorities seized almost $4 billion worth of various tokens, including ETH, bitcoin (BTC), dogecoin (DOGE), xrp (XRP), among others.
Grayscale Introduces Crypto Funds for Decentralized AI Project Bittensor's TAO and Layer-1 Network Sui's Token
First Mover Americas: BoJ Comments Offer Relief to Crypto
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 7, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Synthetix Founder Have Donated Funds to Beleaguered Ex-Treasurer: EmberCN
On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company's treasury and donated $86k to SynthaMan, the company's former treasurer that was liquidated during last week's market plunge.
WOO X Now Lets Traders Bet on Upcoming Tokens
The ORDER token of Orderly Network, an on-chain liquidity provider, is being offered as the first on the market, with prices down 5% since its listing at 8 A.M. UTC.
Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K
According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.
Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan
Technology should transcend the political divide, Coinbase’s Chief Legal Officer says.
CoinShares Netted $513.1M Profit in Q2
CoinShares' total assets under management almost doubled from $2.7billion to $5.3 billion.
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers.
Stripe Partners With Bitstamp to Make Crypto Buying Easier for European Users
The widget won't be available to customers in the U.K.
Solana-Based Memecoins Surge as SOL Jumps 38% From Monday's Lows
Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.
Bitcoin's Impending 'Death Cross' May Trap Bears as Bank of Japan Eases Rate Concerns
The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.
Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M
Indian crypto exchange CoinDCX's co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too "it would be better for the eco system."
Semler Scientific Studied MicroStrategy’s Success Before Adopting Bitcoin Strategy
It was more than two years before Bitcoin's birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical…
Blockchains Against Corruption
From currency risk to judicial risk, companies face all sorts of unforeseen macro threats, particularly in an election year. Decentralized tech can ease the burden, writes Paul Brody, head of blockchain at EY.
Bitcoin Miner Core Scientific Shares Spike After Signing $2B of Additional Computing Contract
The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion over 12 years.
Crypto Industry Tries to Tally Final Wins As U.S. Congressional Primaries Wind Down
After a very tight victory last week in Arizona that's now facing a recount, the cryptocurrency industry's political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday's elections in…
Bitcoin Whales Increased Holdings During Crypto Market Mayhem, but ETF Investors Didn't Buy the Dip
Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.
Kamala Harris Taps Minnesota Governor Tim Walz as Running Mate
Vice President and Democratic nominee Kamala Harris has chosen Minnesota Governor Tim Walz to join her on the campaign trail.
CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher
CoinDesk 20 sees a broad rally, with RNDR up 14.2% and SOL up 8.3%.
Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.
Crypto Bank Anchorage Adds Custody for Solana-Based Tokens
Anchorage began adding custody support for Solana-based tokens in 2022 and only added staking support last year
First Mover Americas: Crypto Rebounds From Monday's Chaos
The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ronin Bridge Paused, Restarted After $12M Drained in Whitehat Hack
“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.
Bitcoin's Death Cross Is Looming Again
The death cross is known to cause catastrophizing among inexperienced investors. But it's an unreliable indicator.
Ethereum ETFs Scored $49M Inflows as ETH Plunged
ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.