What We Know About the Massive Ledger Hack
The latest crypto exploit, affecting security firm Ledger and a number of popular DeFi protocols, is a moment of levity for some.
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Crypto for Advisors: ETH Staking in 2024
In today's issue of Crypto for Advisors, we share what advisors need to know about how ETH staking works and what’s coming.
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
Ledger Exploit Drained $484K, Upended DeFi; Former Staffer Linked to Malicious Code
Hackers stole almost $484k after inserting malicious code into Ledger's Connect Kit on GitHub on Thursday. Several decentralized finance (DeFi) protocols have been impacted and users are being warned to avoid using decentralized apps (dApps) until…
Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat
The Dogwifhat (WIF) memecoin is Solana's latest joke token. One trader turned $1000 into $100000 buying it.
The Ends of Aragon
Aragon had a dream to remake capitalism with DAOs. As it faces a governance crisis, what can we learn about how to organize DAOs in the future?
First Mover Americas: JPMorgan Cautious About Crypto Markets in 2024
The latest price moves in bitcoin [BTC] and crypto markets in context for Dec. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Deutsche Bank-Backed Taurus Starts Tokenizing German SME Loans
Crypto custody specialist Taurus has partnered with lending company Teylor.
Sushi Hit by Front-End Exploit; Compromised Ledger-Linked Kit Endangers Other DeFi Protocols
Decentralized finance (DeFi) protocol Sushi has reportedly been hit by a front-end exploit, with the company's CTO issuing a warning about an industry-wide exploit related to a "commonly used" web3 connector.
Rulematch, a Swiss Crypto Exchange for Banks, Goes Live With Spain's BBVA
The institutional crypto platform uses Nasdaq’s trading tech, and comes out the gates with seven banks and securities firms.
Global Banking Regulator Wants Tougher Criteria for Giving Stablecoins Preferential Risk Treatment
The Basel Committee for Banking Supervision wants to tighten requirements that allow stablecoins to qualify as less risky than unbacked cryptocurrencies like bitcoin.
Crypto Exchange CoinList Settles OFAC's Russian Sanctions Allegations for $1.2M
CoinList did not detect users who claimed to be from non-embargoed countries, but provided addresses in Crimea, OFAC said.
Cronos, Partner of Crypto.com, to Start Layer 2 Network With Matter Labs
The new "Cronos zkEVM chain" is launching initially as a test network, based on Matter Labs’ software tools, which can be used to spin up new layer 2 and layer 3 “hyperchains” atop Ethereum.
JPMorgan Is Cautious About Crypto Markets Into 2024
Ether is expected to outperform bitcoin and other cryptocurrencies next year due to the Ethereum blockchain’s EIP-4844 upgrade, the report said.
ARK Sells $42.6M Coinbase Shares as COIN Hits 20-Month High
The firm has sold over $150 million worth of stake in COIN since Dec. 5.
Total Value of Cardano DeFi Ecosystem Nears $450M Amid Layer 1 Push; ADA Rockets 17%
The total value locked (TVL) of all Cardano-based tokens jumped to over $440 million late earlier this week, crossing a previous peak of $330 million set in April.
Bitcoin's Bull Run Has Plenty of Steam Left, These Indicators Suggest
Key indicators tracking Bitcoin's blockchain activity, miner flows and the 200-day moving average suggest bitcoin is far from being overvalued and could continue to rally in 2024.
In Search of the Elusive Crypto Voter
On Monday, a New Hampshire state representative asked a mostly-filled room at an industry campaign event to raise their hands if they were visiting from another state. More than half the people in the room raised their hands. These visitors had…
Meme Coin BONK Spikes 40% on Coinbase Listing
Prices reversed nearly all losses from last week following the announcement. BONK traded at $0.000014 on Thursday morning, with a trading volume of over $235 million.
FTX Bankruptcy Judge Takes Step to Shorten Timeline for Customers' Recoveries
A federal judge took steps to end a protracted dispute between FTX and its largest creditor at a bankruptcy hearing, signaling the court could try to speed up efforts to recover FTX customer's funds from the failed crypto firm's estate.
Bitcoin Bounces Over $43K, Altcoins, Crypto Stocks Burst Higher as Fed Projects Rate Cuts Next Year
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Anonymous Crypto Interests Bombard Key Senator Sherrod Brown With Political Ads
U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is arguably the most important lawmaker currently standing in the way of a crypto regulation bill, and industry interests have paid for a new campaign in his own back…
Protocol Village: Immutable zkEVM Will Allow Developers to 'Abstract' Transaction Fees
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 14-Dec. 20, with live updates throughout.
U.S. CFTC Approves Bitcoin Futures Platform Bitnomial's Derivatives Clearing Application
The Commodity Futures Trading Commission granted crypto derivatives company Bitnomial approval to register as a derivatives clearing organization in the U.S., letting it settle margined futures and options contracts.
Ethereum's Buterin Floats Prospect of Taking Some Layer-2 Functions Back on Main Chain
Vitalik Buterin, a member of the Ethereum Foundation's executive board, once pushed "layer-2" networks as a way to provide faster and cheaper transactions. Now he's got ideas for "enshrining" some of those functions on the main chain.
The Protocol: Crypto Spring Is Airdrop Season With Tokens From Starknet, LayerZero
In this week's issue of The Protocol newsletter, we're covering Worldcoin's latest update, airdrop season, the new Bitcoin wallet from Jack Dorsey's company and the "data availability" network Celestia's market-moving plan to plug into Polygon's…
Federal Reserve Holds Policy Steady, but Indicates More Dovish 2024
The U.S central bank Wednesday left its benchmark fed funds at a range of 5.25%-5.50%.
Why 2023 Is Like 2020 and Bitcoin Is Set to Head Towards $50k
Crypto derivatives show bullish positioning but are not over-extended by historical norms. That’s good news for the whole crypto market.