Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
Gravity's first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
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Is Crypto on the Cusp of a Bull or Bear Market? Using Consensus 2024 as a Barometer
Conference attendees give their say on market sentiment.
U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said.
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
The Protocol: Behind the Scenes as Big-Tent Consensus Goes Up
We took a spin through some of the side events and preparations taking place Tuesday ahead of CoinDesk's annual conference, which starts Wednesday in Austin.
U.S. House's Emmer Says Best Hope For Crypto Legislation Is Year-End Session
Despite the crypto industry's high-profile recent wins in Congress, major legislation faces a massive practical roadblock in the Senate, U.S. Rep. Tom Emmer (R-Minn.) acknowledged Wednesday, saying that chamber will want its own say in a big crypto…
Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue
Wood says the filings in support of ether ETFs were not approved in a regular way.
How Gunnar Lovelace Is Trying to ‘Unf*ck’ the World
The serial entrepreneur and ethical capitalist’s latest effort at civil disobedience is being previewed at Consensus 2024.
Trader Buys 2M Dogecoin Call Options as Meme Coin Market Heats Up
A trader bought $2 million worth of dogecoin {{DOGE}} call options at a strike price of $0.22 on Wednesday, according to PowerTrade's head of institutional sales, Bernd Sischka.
Fetch.ai, SingularityNET, Ocean Protocol Set Date for Artificial Superintelligence Alliance Token Merger
The three AI platforms will complete their token merger on June 13, and the FET token will be renamed ASI two days before.
Gemini Announces Full Recovery of Earn Users' Digital Assets
In-kind recovery of Gemini users' funds means they'll get 232% of the value of their assets back.
Crypto Wallet Firm Fordefi Expands in Indonesia Powering Pintu Web3 Self-Custodial Wallet
The move is part of Fordefi's plan to extend its wallet service mostly used by institutional investors to retail-facing trading platforms.
PayPal Makes Retail Stablecoin Play with PYUSD on Solana
PYUSD has around 8,600 holders on the Ethereum blockchain and a market cap of a tick under $400,000
Crypto Bridge LayerZero Connects to Solana Blockchain
Crypto holders on Solana will be able to move their assets to Arbitrum, Ethereum, Polygon and the 70 other chains it links to – and vice versa.
Coinbase, Circle, Kraken Join Crypto's New 'Neighborhood Watch' for Cyberthreats
Consensys, the Solana Foundation and Fireblocks are also among the baker's dozen founding members of Crypto ISAC.
NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto
CoinDesk Indices' XBX is currently the benchmark for $20 billion in ETF assets under management.
ZKasino Gives Users 72 Hours to Retrieve Their Ether
Aggrieved users have been given a 72 hour window to bridge their ether {{ETH}} back to the Ethereum blockchain after having deposits locked up for more than a month.
Israel to Start Digital Shekel Challenge to Develop Payment Use Cases
Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel."
First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC
The latest price moves in bitcoin (BTC) and crypto markets in context for May 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.
Bitcoin, Ether Prices Ease as SHIB Drives Gains in Meme Tokens
A rally in meme tokens such as dogecoin and shiba inu is primarily driven by Asian traders in response to bullish sentiment around ether exchange-traded funds (ETFs), one trader said.
Ripple Donates Another $25M to Crypto Super PAC Fairshake
Ripple has added another $25 million to the coffers of Fairshake, a federal crypto super political action committee (PAC) that’s spending big this election year to support crypto-friendly Congressional candidates.
BlackRock Takes the Crown for the Largest Spot Bitcoin ETF From Grayscale
Inflows to IBIT have picked up recently after a dismal few weeks at the end of April. BlackRock now holds the ETF in two of its major funds.
Leveraged Ether ETF to Start Trading June 4, Sponsor Volatility Shares Says
Volatility Shares' 2x Ether Strategy ETF (ETHU) will become the first leveraged crypto ETF available in the United States after the U.S. Securities and Exchange Commission (SEC) let it go effective, the company posted on their website, adding that…
Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says
Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.
Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison
Salame's lawyers initially asked for 18 months.
Consensus 2024: A Guide to Everything You Don't Want to Miss
600 speakers. 300 sessions. Pitchfest. Hackathon. Karate. Hundreds of side events. There's a lot going at this year's festival. Here are some highlights from across the stages and beyond.
The Future of AI Is Decentralized
With AI, centralization doesn’t work on any level: technical, philosophical, ethical, or market, says Alex Goh, founder and chairman of EMC.