Defi Protocol LI.FI Struck by $8M Exploit
Decentralized finance (DeFi) platform LI.FI protocol has been hit by an exploit worth around $8 million following a series of suspicious withdrawals, on-chain data shows.
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Meme Coins Outperform BTC, ETH and SOL as Traders Rotate Holdings
The $53 billion meme coin sector rose by more than 12% on Tuesday with the likes of pepe (PEPE) and dogwifhat (WIF) surging by 22% and 25% respectively, data from CoinGecko shows.
Polygon's New ZK Proving System, 'Plonky3,' Comes as Open-Source Toolkit
Proving systems are a crucial component at the heart of blockchain ecosystems, allowing secondary "rollup" networks to confirm transactions on a base chain like Ethereum. Polygon's prior version, Plonky2, was released in 2022.
Loka Launches Bitcoin Mining Pool for Institutional Investors With Support From Hashlabs
Institutional investors will be able to buy bitcoin futures at below-market rates from miners using sustainable energy.
Crypto Exchange Kraken Signs Sleeve Sponsorship Deal With Premier League Club Spurs
Last week, Kraken announced an equivalent deal with Spanish soccer team Atlético Madrid, meaning the company now has a presence in both England's Premier League and Spain's La Liga.
U.S.-Listed Bitcoin Miners' Share of Global Hashrate Reached Record in July: JPMorgan
The aggregate market cap of the fourteen bitcoin miners listed in the U.S. that the bank tracks rose 29% since the end of June, the report said.
First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC
The latest price moves in bitcoin (BTC) and crypto markets in context for July 16, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Traders Search for Clues in Solana's Triangle Pattern
SOL's months-long triangular price consolidation could bring good news for the bulls.
Craig Wright Referred to UK Prosecutors for Consideration of Perjury Charges
Judge James Mellor also approved injunctions that prevent Wright from taking others to court again under the guise he is Satoshi Nakamoto.
Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi
Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to a number of other factors such as the lack of staking, the report said.
Bitcoin Dips Below $63K as Mt. Gox Moves $2.8B BTC to Internal Wallets
One observer said the movement of coins was likely a part of the exchange's creditor reimbursement plan.
Ether Hedging Activity Picks Up as U.S. ETF Debut Nears
Investors' focus on ether is evident from ETH's sustained volatility premium over BTC.
CarnationFM: A Decentralized Radio Playing Songs With Encrypted Hidden Messages
A music-focused radio FM which allows songs to act as a transport vessel for hidden messages has emerged from EthBerlin 2024 as the award winner for the Best Social Impact.
SEC Tells ETH ETF Issuers Fund Can Start Trading Next Tuesday: Sources
Prospective issuers of a spot ethereum {{ETH}} exchange-traded fund (ETF) were told by the Securities and Exchanges Commission (SEC) on Monday that the funds can begin trading next Tuesday, a source told CoinDesk.
Plaintiffs File New, Slimmed Down Complaint in Class Action Lawsuit Against Tether
Plaintiffs in an ongoing class action lawsuit against Tether and Bitfinex have filed a new, slimmed-down complaint accusing the crypto companies of manipulating the crypto markets and violating antitrust laws.
Pro-Crypto Ohio Senator J.D. Vance Is Donald Trump's Vice President Pick
Former President Donald Trump and presumptive Republican nominee for the position announced he chose Ohio Senator J.D. Vance to be his running mate on Monday.
Trump’s Speech at Bitcoin Conference Will Mark a Pivotal Moment for Crypto
His appearance in Nashville, still a go despite injuries sustained in Saturday's shooting, will cement cryptocurrency as a mainstream political topic.
BlackRock’s Larry Fink: Bitcoin Is ‘Legitimate Financial Instrument'
BlackRock (BLK) CEO Larry Fink reiterated his belief that Bitcoin {{BTC}} is an asset that everybody should consider holding as part of their portfolio.
Crypto Casino Founder Apologizes For Gambling Away Investor Funds
Galaxy is one of several investors who have accused Richard Kim of misappropriating at least $3.67 million of company funds belonging to Zero Edge, his crypto casino.
Cambodian Payments Firm Received $150K From North Korean Hackers Lazarus Wallet: Reuters
The crypto was stolen by Lazarus hackers from three crypto companies in June and July last year.
CoinDesk 20 Performance Update: Broad-Based Gains Push Index Up 8.2%
ICP led today's gains in the CoinDesk 20 Index with a 26.1% rise.
U.S. Secret Service Chief Probably Won't Be Fired, Polymarket Bets Signal
Plus: Another all-time high for Trump's odds of victory; bettors think bitcoin will continue its green streak until the end of week.
First Mover Americas: Bitcoin Rises Above $62.5K Following Trump Shooting
The latest price moves in bitcoin (BTC) and crypto markets in context for July 15, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Tether Taps Chainalysis Chief Economist Philip Gradwell as Economics Head
Gradwell will be responsible for quantifying the Tether economy to regulators.
BlackRock Assets Under Management Rise Through $10T
The asset manager is the largest public holder of bitcoin by virtue of its iShares Bitcoin Trust exchange-traded fund, which now holds more than 300,000 BTC.
Tornado Cash Co-Founder Alexey Pertsev Denied Bail by Dutch Court
Alexey Pertsev, the co-founder and developer behind Tornado Cash, was denied bail by a Dutch court on Friday, according to DLNews.
Spain National Fan Token Slides 20% After UEFA Euro 2024 Win
Fan tokens are known to see anticipatory gains and post-tournament losses.
Bitcoin Retakes 200-Day Average as 'Trump Trades' Back In Vogue After Weekend Attack
The weekend attack on pro-crypto presidential candidate Trump should galvanize bids for cryptocurrencies, one observer said.
Trump's Odds of Victory Hit All-Time High on Polymarket After Shooting
The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.