Bitcoin Briefly Tops $68K as Biden Dropout Riles Up Crypto Bulls
The general possibility of a crypto-friendly government coming into power is bumping sentiment among professional traders, one firm said.
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Crypto Exchange Woo X Allows Daily Interest Withdrawals From T-Bill-Backed Earn Vaults
Woo X and partners OpenTrade claimed bragging rights for being the first exchange to offer T-Bill interest bearing products to retail customers.
Polymarket Bettors Put Nearly $80M on Biden's Democratic Chances
Market data shows Polymarket bettors called Biden drop out hours before it was announced.
Bitcoin Tops $66K as Cryptos Rally Amid Global IT Outage; Solana's SOL Leads Altcoins
Friday's crypto rally defied past days' correlation with U.S equities, which continued their losing streak.
BitForex to Open for Withdrawals Following Chinese Police Investigation
Cryptocurrency exchange BitForex said it will open for withdrawals following a five-month outage spurred by an investigation by the Jiangsu Province police in China.
Ryan Selkis Quits as Messari CEO Following Inflammatory Tweets
"This week was the first week in 6.5 years that my politics and rhetoric put the team in harms way," he wrote. "As such, I have decided to step aside as CEO."
A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance
Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission's case against Binance after publishing her ruling on Binance's motion to dismiss the SEC lawsuit.
WazirX, Liminal Custody Blame Each Other as $230M Crypto Exploit Leaves Customers Stranded
The dispute centers around multisig wallets.
CoinDesk 20 Performance Update: SOL Jumps 4.1% Amid Broad Market Uptick
The CoinDesk 20 Index saw a 1% increase, driven by strong performances from SOL and APT.
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
Indian crypto exchange WazirX has filed a police complaint, it said on X, and it has also reported the incident to the Indian Computer Emergency Response Team (CERT-In).
First Mover Americas: Bitcoin Trades at $64K as Biden Withdrawal Likelihood Increases
The latest price moves in bitcoin (BTC) and crypto markets in context for July 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Galaxy Buys Almost All of CryptoManufaktur's Assets, Expanding Ethereum Staking Portfolio
By acquiring substantially all the assets of the blockchain node operator, the publicly traded Galaxy Digital will increase its role in Ethereum staking, as part of a broader effort to expand in the business of blockchain infrastructure.
CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say
Bettors are placing their money on the service being fixed by the end of Friday, with a slight possibility of it happening by mid-day.
Ripple Settlement Hopes Pushed XRP Volumes Above Bitcoin on S. Korean Exchanges This Week
XRP accounted for almost 40% of all trading activity on top South Korean exchanges from Tuesday to Thursday. Prices surged.
Bitcoin, SHIB Trade at 30% Haircut on WazirX as Exploiter Converts Stolen Loot to Ether
The exchange blamed a data discrepancy with a custodial platform for having caused the transfer of assets. But popular members of the Indian crypto community aren’t buying that narrative.
After 'Civil War' and Anti-Immigrant Tweets, Ryan Selkis Told to Cool It by His Crypto Startup's Leadership
Italy's Top Banks Participate in €25M Digital Bond Issuance on Polygon in ECB Trial
Global lenders and asset managers are increasingly exploring blockchain tech to issue and transfer traditional financial instruments, also known as tokenization of real-world assets.
Bitcoin Mining Is So Back (Except It's AI Now)
Hurting for revenue and profit, bitcoin miners are looking to activities outside mining bitcoin, such as hosting AI computers, to make up the difference. It's paying off, at least in their stock prices.
SkyBridge's Anthony Scaramucci on Donald Trump, Gary Gensler and Bad Press
CoinDesk's Jennifer Sanasie interviewed SkyBridge Capital founder Anthony Scaramucci for CoinDesk TV's "Spotlight Series." Here is the full transcript of the interview.
Bitcoin Slumps Towards $63K as Speculation About Biden Dropout Intensifies
As the odds for Joe Biden pulling out of the presidential race soared over the past day, the chances of a victory for the now crypto-friendly Donald Trump slumped.
DePIN Allows Us to Be Stakeholders in the Machine Economy
DePIN and Machine RWAs give us a stake in the robots coming after our jobs, say Mauricio Zolliker, co-founder of XMAQUINA, and Leroy Hofer, CEO and co-founder of Teneo Protocol.
Crypto for Advisors: Web2 to Web3
Kelly Ye looks at the three fast-growing blockchain ecosystems that are addressing the adoption challenges for Web3, gaining user adoption, and how they combine the strengths of Web2 and Web3 to create a seamless Web2-like onboarding experience…
Germany Dumping $2.8B Bitcoin Is 'Market Intervention,' Despite Murky Legal Justifications
One expert told CoinDesk the law does not provide for an obligation, but merely an opportunity to sell, while another alleged that “How they handled this sell-off moved the market and is intervention in public markets.”
Chainbase Raises $15M to Grow Omnichain Data Network
Chainbase's aim is to provide unbiased and transparent data that is not controlled by a small number of dominant companies.
CoinDesk 20 Performance Update: SOL and ETH Lead Advancers as Index Stays Flat
Leading overnight gains are SOL with a 2.5% increase and ETH up by 1.3%.