DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product
The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.
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No, Hong Kong's Crypto ETFs Aren't Available in Mainland China
The Stock Exchange of Hong Kong (HKEX) confirmed they aren't available. Chinese authorities are wary that ETFs offer a way to bypass strict international capital controls.
Zest Raises $3.5M, Led by Tim Draper, for On-Chain Bitcoin Lending Using Stacks
The seed raise was led by billionaire investor Tim Draper with participation from Binance Labs, Flow Traders, Trust Machines and others.
Solana Meme Coins, GameStop Stock Rocket as 'Roaring Kitty' Returns on X
Stocks related to Keith Gill surged while opportunistic developers issued scores of meme coins on various blockchains to capitalize on the hype.
First Mover Americas: Bitcoin Fails to Hold $63K, May Remain Range-Bound
The latest price moves in bitcoin (BTC) and crypto markets in context for May 13, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Mining Difficulty Slumped Last Week in Biggest Decline Since Crypto Winter: Bernstein
Lower cost miners have increased market share since the bitcoin halving event, the report said.
Bitcoin Below $60K Could Trigger 'Panic' Selling, Crypto Analyst Says
One trader said recent declines are likely related to miners' asset sell-offs and fears of tighter regulation of cryptocurrencies.
Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report
Police in Panshi City, Jilin arrested six people for running an "underground bank."
Stablecoin Expansion Stalls Ahead of U.S. Inflation Data
Wednesday's U.S. CPI data is expected to show the cost of living likely increased 3.4% over the year in April, a moderation from March's 3.5%.
Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
Singapore-based Liminal won approval to operate as a regulated custodian, another sign of its expanding footprint in the APAC and MENA regions.
Metaplanet Makes Bitcoin a Reserve Asset as Japan’s Debt Mountain Grows
The announcement comes at a time when Japan's fiscal crisis is said to be playing out in the currency market.
Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance
At the Mar-a-Lago gala, Trump courted a constituency Biden has thoroughly snubbed – even if the GOP candidate isn't exactly fluent in crypto policy.
SEC Rebuts Coinbase's Attempt to Get Appeals Court to Answer Key Crypto Question
Coinbase hasn't successfully argued that an appeals court needs to look at how securities regulations might apply to digital assets, the U.S. Securities and Exchange Commission (SEC) said Friday.
U.S. House's McHenry Says Bill on Crypto Market Structure Will Get Floor Vote
The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry…
Bitcoin Is In a 'Bore You to Death' Phase, but Bottom Could Be Close, Analysts Say
The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg
The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.
EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It's Non-Transferable
Perpetual futures markets price the fully diluted value of the token at around $15 billion.
DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update
The Near Protocol's Near token has more than doubled in price in 2024.
Celo Community Ratifies Plan to Use Optimism's OP Stack for New Layer-2 Chain
The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.
Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030
Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.
U.S. CFTC Proposes Ban on Political Event Contracts
The U.S. Commodity Futures Trading Commission (CFTC) proposed a formal rejection of event contracts that bet on the outcome of political activity in a vote on Friday, beginning an effort to wall off U.S. customers from platforms that allow the…
Crypto Custody Tech Firm Fireblocks Unveils New York-Regulated Trust Company
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.
Shouldn't All These Crypto Lawyers Start Learning About Crypto?
The industry should expect its legal experts to effectively articulate how these innovative technologies are driving changes in how we understand money, privacy and governance.
Bitcoin's Modest Rally Cut Short, Price Tumbles Back Below $61K
Stagflationary U.S. economic data and hawkish remarks from a Fed speaker appeared to sour the bullish mood.
Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing
Fannizadeh, a lawyer specializing in the crypto industry at Geneva Legal, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas.
TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K
RNDR cheers Apple's brief mention of Render-powered 3D design software Octane.
First Mover Americas: Bitcoin Holds Near $63K, Consolidating Week's Recovery
The latest price moves in bitcoin (BTC) and crypto markets in context for May 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves
KuCoin has paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with India's FIU.
Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats
The fast-growing organization of cryptocurrency supporters, Stand With Crypto, is getting into campaign financing with the opening of its own political action committee (PAC) that will make direct donations to endorsed congressional candidates…