Floki Team Responds to Hong Kong Regulator Warning
Hong Kong's Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report
The Foundation wants to preserve an 18-month runway through at least mid-2026.
HyperVerse's Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO
HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders.
Invesco Cuts Bitcoin ETF Fee In a Bid to Lure Investors
The index provider previously had one of the highest fees of 0.39% for its bitcoin ETF.
Su Zhu Recommends Prison for All, in an Attempt to Rebuild a Reputation
Flipping the narrative, the disgraced 3AC financier says he enjoyed life behind bars. “I had the best sleep of my life.”
Solana's WEN Token Plummets Despite Burning 27% of Supply
The burn turned out to be a "sell the news event" as traders had already accounted for the purge – and then some.
Crypto Funds Saw $500M in Outflows Last Week as GBTC Bleed Outweighed Rivals' Gains: CoinShares
Outflows from Grayscale's GBTC now total $5 billion, but appear to be subsiding, CoinShares head of research James Butterfill noted.
How AI and DePIN Will Change Web3
The collision of Web3 services, distributed infrastructure (DePIN) and AI creates entirely new forms of internet experience and we're just starting to see the future, says Lex Sokolin, at Generative Ventures.
DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget
The crypto insurance protocol is anticipating growth stemming from a recent partnership.
As Blockchains Push Toward Decentralization, These People Serve as Ultimate Guardians
The goal of these "protocol councils,” sometimes called “security councils,” is to nudge these nascent networks toward increasing decentralization, by gradually removing them from under the control of their original developers. How are they…
Anthony Scaramucci Predicts Bitcoin to Hit at Least $170K Post Halving
Skybridge Capital founder and managing partner Anthony Scaramucci sees bitcoin {{BTC}} soaring to at least $170,000 after the halving in April, when the number of new bitcoin entering circulation shrinks again.
OKX Starts Inscription Support for Atomicals, Stamps, Runes and Doginals
OKX says wallet support is coming first, with a marketplace to follow
First Mover Americas: Bitcoin Consolidates at $42K
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 29, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
A Backdoor Regulatory Option Haunts U.S. Crypto
After the 2008 global financial meltdown, Congress set up a round table of regulators who could wield a unique tool against the next emerging threats. The Financial Stability Oversight Council (FSOC) can tag companies with systemic-risk labels that…
Solana Trading Aggregator Jupiter Sees Trading Volumes Jump Ahead of JUP Issuance
The decentralized exchange settled over $500 million in trades on Sunday, briefly becoming the biggest DEX platform.
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox.
Bitcoin Whales Boosted Coin Stash by $3B in January, Data Show
While bitcoin ETFs have experienced net inflows of $820 million, bitcoin whales increased holdings by about $3 billion this year, IntoTheBlock said.
Unibot Boosts Token Value With Solana Ecosystem Draw
UNIBOT holders are set to receive some 80% of the supply of Solana-based UNISOL through a snapshot and claim mechanism.
Bitcoin Longs Above $43K in Focus, Analyst Says
Bitcoin's wave 5 impulse move has begun and could see prices top $50,000 by the end of the first quarter, 10x Research's Markus Thielen said, having correctly predicted the recent pullback.
Bitcoin ETFs in and Around Asia After U.S. Approvals? Analysts Are Optimistic About Momentum
The much-awaited approval of spot-bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) can give unprecedented momentum for similar regulatory approvals in and around Asia.
Stellar's Foundation Supports Delay of Smart-Contracts Upgrade After Bug Found
A bug identified on Jan. 25 was deemed to pose "little risk," but after receiving "robust feedback" from the blockchain's developer community, the Stellar Development Foundation opted to "disarm" its validators ahead of the Jan. 30 target date for…
Which Is the Best Self-Custody Lightning Wallet?
Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe.
DAOs Are Not the Next Home for Online Extremism
Wired claimed this week that decentralized autonomous organizations are gathering grounds for "dangerous groups." But the article misunderstands what DAOs actually do and what they are useful for, says Preston Byrne.
Why Is Everyone Suddenly Bearish About Bitcoin?
The cryptocurrency has dipped following the most bullish recent event in crypto history, the launch of spot bitcoin ETFs, apparently causing a crisis in faith.
BlackRock’s Bitcoin ETF First to Reach $2B in AUM
The BlackRock iShares Bitcoin ETF (IBIT) on Friday became the first of the recently launched spot bitcoin products to reach $2 billion in assets under-management (AUM).
Crypto-Linked Stocks Rise With Bitcoin as Analyst Says 'Not The Time to Turn Bearish'
Miners such as Bitfarms (BITF), Hut 8 (HUT) and TeraWulf (WULF) were among the outperformers.
Bitcoin Could Fall Back to Mid-$20K Area: Chris Burniske
The former crypto lead at Cathie Wood's Ark Invest says it "takes time for partiers to sober up."
Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'
Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.