Munchables Exploited for $62M, North Korea-Linked Exploiter Returns Private Keys to Web 3 Firm
The broader crypto community is calling for a controversial chain rollback in a bid to recover funds.
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NEAR Launches Multichain Transaction From One Account Feature
Chain signatures allow users to transact on any network from one account.
Binance Is Having an Odd Time
Binance is having a weird moment, perhaps most clearly illustrated by the fact that a national government detained two of its executives for a month now – and one is only free because he seemingly escaped custody.
House Republicans Demand SEC Explain What's Up With Crypto Platform Prometheum
As Prometheum Inc. nears an unprecedented moment in U.S. crypto history by beginning a custody operation that intends to hold customers' Ethereum tokens {{ETH}}, the industry's friends in Congress are demanding the Securities and Exchange…
'We've Seen Breakdowns of Trust': Nathan Schneider on How to Democratize the Web
The activist's new book "Governable Spaces" explores ways blockchains can help people experiment with self-governance online.
Galaxy Digital's Strong Earnings Will Carry Into Current Quarter, Analyst Says
Improved crypto market conditions due to anticipation of spot bitcoin ETF approval helped boost earnings, the report said.
Insurance Broker Marsh Introduces $825M Crypto Custody Coverage
The new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC).
Hong Kong Likely To Allow In-Kind Creations for Spot Bitcoin ETFs: Bloomberg
Hong Kong’s financial regulator, the Hong Kong's Securities and Futures Commission (SFC), is likely to allow in-kind creations and redemptions for spot bitcoin ETFs in the second quarter of this year, according to a report from Bloomberg…
Internet Computer's 40% Rally Led CoinDesk 20 Gainers Over Past Week: CoinDesk Indices Market Update
Layer-1 Blockchain WAX Signs Deal With Amazon Web Services
Layer-1 blockchain Worldwide Asset Exchange (WAX) signed a deal to use Amazon Web Services (AWS) and integrate the WAX network into the Amazon Managed Blockchain (AMB) service.
New Hampshire Has a Better Approach to DAOs
The state's proposed law would grant legal personhood and limited liability for participants of decentralized autonomous organizations (DAOs).
Tether to Establish AI Unit, Starts Recruitment Drive
The unit will focus on the development of open-source AI models and collaborate with other firms to integrate the models into products that could address real-world challenges.
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and…
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins.
Nayib Bukele Update on El Salvador Bitcoin Holdings Shows Growing Stack
At the current price just above $70,000, the nation now holds about $400 million worth of bitcoin.
AI Bot 'Syntax' From Spectral Labs Could Help Non-Coders Write Ethereum Apps
For the tech to gain steam, Spectral may need to convince users that AI can be trusted with their digital assets.
Bitcoin Miner Arkon Energy Plans Public Listing in Amsterdam Through Merger With Shell Company
The two parties agreed on a 90-day mutual exclusivity period on Feb. 21 to work toward a definitive agreement.
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group's report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
First Mover Americas: Bitcoin ETNs to Debut on London Stock Exchange
The latest price moves in bitcoin (BTC) and crypto markets in context for March 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Soaring U.S. Debt Has Potential to Replay U.K.'s 2022 Market Shock, CBO Warns
Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide.
Galaxy Digital Reports 2023 Net Income of $296M Following Year-Earlier $1B Loss
The reversal marks a thawing of the crypto winter that occurred in 2023.
Bitcoin ETFs Snap Outflows Streak, Accumulate $15.4M
One analyst said quarter-end inflows could be stronger than usual.
Crypto Traders Dismiss Waning ETF Inflows as Bitcoin Holds Steady Over $70K
Grayscale's GBTC product saw large outflows last week and inflows to other ETFs did not increase in tandem, briefly fueling concerns of a spot-driven selloff.
Base Blockchain Transactions Jump on Meme Coin Led Frenzy
The blockchain could see huge traction among retail audiences due to its proximity to the prominent Coinbase exchange, a sentiment that’s driving activity and growth of native Base tokens.
SEC Seeks $1.95B Fine in Final Judgment Against Ripple
The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion judgment against Ripple Labs, according to court filings.
Garlinghouse Says SEC to Press Judge for $2B in Fines and Penalties in Ripple Case
The U.S. Securities and Exchange Commission (SEC) is reportedly asking a New York judge to levy a $2 billion judgment against Ripple Labs, according to social media posts from the crypto company’s CEO and chief legal officer on Monday.