The Blockspace Singularity
One of crypto's biggest flaws – a lack of mainstream use – could be going away.
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Did a Single Trump NFT Purchase Change Washington's Mind on Crypto?
Valentin Pletnev couldn't use his ticket for a Mar-a-Lago Trump gala, so prominent crypto figure Ryan Selkis went instead. Neither expected the U.S. policy whirlwind that followed, but even as Pletnev upgrades his DeFi platform to promote 'Yield…
Bank of Canada Begins G-7 Monetary Easing Cycle, Trimming Benchmark Rate 25 Basis Points
Lower interest rates in developed economies could be a tailwind for bitcoin prices.
Riot Platforms Falls After the Bitcoin Miner Is Targeted by Short-Seller Kerrisdale
The short-seller has targeted MicroStrategy previously.
First Mover Americas: Bitcoin Tops $71K After Best Day for ETF Inflows Since March
The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack.
Crypto Firms Hit by Newsletter Breach Attack, Mailing Lists Leaked
Several cryptocurrency businesses are reporting that there is an ongoing "supply chain email breach attack" that uses newsletter mailing lists to send around malicious phishing links.
BNB Chain Ecosystem Heats Up as Token Hits Lifetime High Above $710
Trading volumes of ecosystem tokens more than doubled in the past 24 hours, with meme coin FLOKI leading gains among larger tokens.
Web3 Cybersecurity Company GoPlus Raises $10M to Build Permissionless Security Layer
The round counts OKX Ventures, HashKey Capital and Animoca Brands among its backers.
Biden Urged to Act as Lawmakers Fear for the Life of Detained Binance Exec in Nigeria
Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange
Bitcoin Crosses $71K as BTC ETFs See $880M Inflows in Best Day Since March
This marked the best day of inflows since March and the second-highest overall since 11 bitcoin ETFs went live in January.
What's Next for FIT21? (A Consensus 2024 Recap)
CoinDesk held its annual Consensus conference in Austin, Texas last week, where we heard from lawmakers and regulators, developers, company execs and all sorts of other people in and around this sector. One topic of discussion: the Financial…
Bain Capital Crypto Raising Second Fund: Filing
Bain Capital has been an active investor in crypto since its initial fund launch, participating in a $115 million round for Sam Altman's Worldcoin.
Protocol Village: Gnosis DAO Spins off Karpatkey
The latest in blockchain tech upgrades, funding announcements and deals. For the week of June 2, 2024.
Uniswap, Starknet, BNB Lead Altcoin Gains as Bitcoin Hits $71K
Seventeen of the twenty assets in the CoinDesk 20 Index (CD20) booked gains, underscoring the uptrend in the broader crypto market.
SEC to Shutter Office Behind Failed DEBT Box Crypto Lawsuit
The Securities and Exchange Commission's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over…
Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
BODEN Token Up Over 10%, TREMP Gains 5% After Kraken Lists Solana PoliFi Duo
BODEN appears to be the winner as first exchange open to U.S. residents lists the election-themed tokens.
Bitcoin ETFs Resume Inflow Winning Streak; BlackRock's IBIT Crosses $20B in AUM
The U.S.-based spot bitcoin ETFs yesterday made it 15-consecutive sessions of net inflows, with the latest rush of money combing with a rally in the price of {{BTC}} to send BlackRock's iShares Bitcoin Fund (IBIT) to more than $20 billion in assets…
You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless
The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.
Bitcoin Tops $70K to Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
All but two assets in the gauge lost ground over the past week, led by UNI's 14% decline.
Options Traders Brace for Volatility as BNB Nears Record High
Binance's native BNB token is approaching an all-time high of $705 after surging by more than 10% from Sunday's low of $597.
India Springs Election Surprise, Sends Equity Market Crashing With Uncertain Implications for Crypto
India's voters have sprung an election surprise, even though Prime Minister Narendra Modi's party and its allies are poised to return to power, a result that could see the government kick the crypto policy can down the road" in terms of its…
Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap
A meme coin issued on Bitcoin's Runes protocol is nearing a $1 billion market cap following a 200% surge over the past 30 days.
Multicoin, Coinbase Ventures Invest in Latin American Stablecoin-Powered SuperApp El Dorado
Stablecoin adoption is soaring in the region as many people turn to the crypto tokens as a shield against currency devaluation and cheap remittances.
Bitcoin Miner Core Scientific Surges After AI Deal, Report of Over $1B Buyout Offer From CoreWeave
Cloud computing provider CoreWeave made an offer to buy the bitcoin miner for $5.75 per share, according to Bloomberg.
Polygon Acquires Zero-Knowledge Cryptography Firm Toposware
The acquisition means that Polygon has invested over $1 billion in zero-knowledge technology and firms, the team shared in a press release. Sources close to the deal told CoinDesk that the acquisition is near $30-50 million.
Polygon Spinoff Avail Raises $43M in Series A Funding
The news comes three months after Avail, the data availability company, disclosed its $27 million seed funding round.