Friend.Tech User Dumps Keys Worth $1.5M, Switches to Bitcoin dApp
Newer opportunities have stalled Friend.Tech’s initial growth wave, and applications such as New Bitcoin City are quickly emerging as one of the biggest bets.
FTX Creditors' Lawyers Promote Deal Giving Investors 90% of What's Left in SBF's Empire
A deal was secured to pay those who had money at defunct FTX as much as 90% of the assets that remain, and now the lawyers representing some creditors are trying to get enough of those investors on board to make it happen.
Crypto Traders Suffer Over $100M of Short Liquidations as Bitcoin Hits 3-Month High Over $31K
Cryptocurrency derivatives traders endured over $150 million liquidations over the past 24 hours Monday as rapidly surging digital asset prices caught many market participants off-guard.
All Spot-Bitcoin ETF Applications May be Approved Together, Crypto ETF Expert Predicts
All applications to the U.S. Securities and Exchange Commission for spot bitcoin exchange-traded-funds (ETFs) may be approved together, predicts crypto ETF expert Stuart Barton, who, along with his company, pulled off two regulatory firsts recently.
Bitcoin Mining Stocks Rally as BTC Holds Above $30K Despite Looming Halving Concerns
Bit Digital (BTBT), Hut 8 (HUT) and Marathon (MARA) are among mining stocks that are outperforming on Monday as bitcoin's price continue to hold above $30,000.
The U.S. Risks Its Position as a Stablecoin Leader
USD stablecoin transactions are rising fast, but most of the growth is happening outside of the United States, says Jason Somensatto, Head of North America Policy at Chainalysis.
Coinbase Poised to Make Final Pitch in Bid to Kill SEC Accusations Quickly
Coinbase Global Inc. (COIN) is set to make its final case on Tuesday that a judge should spring it from the clutches of the U.S. Securities and Exchange Commission (SEC) in its unregistered-securities dispute.
Michael Saylor's $4.7B Bitcoin Bet Back in the Green
Michael Saylor’s software company has invested billions of dollars into the world’s largest token by market capitalization. And the bet is slowly paying off.
Solana's Largest Defi Protocol Marinade Starts Blocking UK Users
Solana's largest decentralized finance (DeFi) protocol, Marinade Finance, has blocked users in the United Kingdom from accessing the site due to "compliance concerns" over Financial Conduct Authority (FCA) regulations.
First Mover Americas: Bitcoin Gains as Trading Volume Surges
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges
The New York and Tel Aviv-based company said it would use the funding to scale its product, customer base and team to address the industry’s security challenges.
Hong Kong Reverses Stance on Spot-Crypto, ETF Investing, With a Catch
Hong Kong's financial regulators have overturned previous guidance that limited the sale of spot crypto products to professional investors. But there's a catch.
Lawmaker Tom Emmer Throws Hat in Ring for House Speaker Role
Congressman Tom Emmer, who's sponsored a number of crypto-related bills over the past few years and is a member of the Congressional Blockchain Caucus, said he's considering a bid for the vacant Speaker of the House position.
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