Ex-FTX Compliance Officer Sued for Allegedly Paying Off Would-Be Whistleblowers
FTX's lawyers allege Daniel Friedberg allowed its executives' criminal activities to fly under the radar for years.
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
@coindesk_bitcoin_ethereum_crypto_news_and_price_data
News Feed
Posts published by CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data 284/366
Compound Founder Forms 'Superstate' to Create Bond Fund With Ethereum for Record-Keeping
Robert Leshner, CEO of the decentralized lender Compound, has registered a plan with the U.S. Securities and Exchange Commission to sell short-term government bonds that would use the Ethereum blockchain as a secondary record-keeper.
Bitcoin Drops Below $30K as Altcoins Tumble; BTC Dominance Reaches 26-Month High
Bitcoin's market cap makes up 52% of the total crypto market, the highest level since April 2021.
Popular Standard for Issuing Tokenized Securities Gets Makeover
Republic Crypto and Upside are debuting ERC-1404 Prime as a future forward token standard.
Blockchain May Offer Answers for AI Challenges
Artificial intelligence is already having a big impact on society, but it also has the potential to harm. Blockchain technology may help create safer, more effective AI systems.
Bitcoin, Other Digital Assets Surge Late in Q2 on Spot Bitcoin Euphoria
The spot bitcoin ETF filings by BlackRock and other financial services giants ensured bitcoin would finish Q2 in positive territory. Now the SEC’s decision on the applications will likely play a big role in digital asset prices for the remainder of…
Bitcoin-Friendly App Damus Avoids Apple Deplatforming After 2-Week Battle Over 'Zaps' Tipping
Apple had threatened to eject the bitcoin-friendly social media app from its App Store by June 27 unless Damus removed the ability to receive bitcoin tips via “zaps” on content posts.
Gary Gensler Failed the U.S. Crypto Industry, and So Has Congress
As long as he keeps following the "one over nine" rule, the U.S. Securities and Exchange Commission will ruin crypto summer.
Binance’s Market Share Fell Further in June
The crypto exchange still remains the world’s largest by a significant proportion.
Mastercard is Piloting Tokenized Bank Deposits in New UK Testbed
The card giant is launching what it calls a Multi-Token Network (MTN), which will begin by testing tokenized bank deposits and move onto experiments using stablecoins and CBDCs.
This Free-to-Mint Soulbound NFT Tracks Your Web3 Work History
Digital community platform Coordinape is rolling out CoSoul, which allows users to create a digital resume on-chain.
Sotheby's to Launch On-Chain Generative Art Program Powered by Art Blocks Engine
The first sale on July 26 will honor generative art pioneer Vera Molnar, who is considered to be the first woman in digital art.
Ethereum’s Layer 2 Teams Want You to Clone Their Code
By making their code open source and easy to replicate, projects including Arbitrum, Optimism and zkSync are making it easier for copycat blockchains to steal away their users – in pursuit of broader ecosystems of related networks.
GBTC Volume Increases 79% in June Amid TradFi ETF Applications
The trust’s trading volume increased to $45 million in June.
ARK Amends Spot Bitcoin ETF Filing to Include Surveillance Sharing, Similar to BlackRock
ARK's application may now be in pole position to be approved first as as it was filed earlier than BlackRock's.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
First Mover Americas: First Leveraged Bitcoin ETF in U.S. Trades $5.5M on Day One
The latest price moves in bitcoin (BTC) and crypto markets in context for June 28, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
MicroStrategy's Bitcoin Purchases Tend to Be Short-Term Negative for Prices, Research Shows
Past data shows bitcoin tends to drop 2% on the day MSTR announces new purchases.
Chainlink Data Feeds Go Live on Celo
In April, Celo joined Chainlink Scale to access the data provider’s oracle services at a low cost.
Maple Finance Expands to Direct Lending Targeting Web3 Firms
The firm aspires to fill the gap in crypto lending left by the implosion of centralized lenders such as BlockFi and Genesis.
Crypto Custody Firm Ledger Introduces Institutional-Grade Trading Network
The network has a range of partner firms, including Crypto.com, Bitstamp, Huobi, Wintermute and Komainu.
IFC-Backed Carbon Opportunities Fund Uses Chia Network to Settle Tokenized Carbon Credits
Investment company Sumitomo Corporation of Americas purchased a batch of tokenized carbon offsets from the Carbon Opportunities Fund.
Warner Music Group Partners With Polygon on Blockchain Music Accelerator
The chosen projects will receive funding from both WMG and Polygon Labs and will also be eligible for mentorship and networking opportunities.
Michael Saylor's MicroStrategy Now Holds Over $4.6B Worth of Bitcoin
The firm bought over 12K bitcoin for $347 million in the last two months.
Crypto Ponzi Schemes Cost Victims $7.8B in 2022: TRM Labs
Ponzi schemes dominated the crypto crime landscape in 2022, with $7.8 billion funneled from victims, blockchain analytics firm said in a new report.
Horizen Scraps Privacy Coin Moniker Amid Regulatory Scrutiny
Horizen says it's now simply a layer 0 blockchain after depreciating the shielded pools on its main chain.
Crypto Exchange KuCoin to Introduce Mandatory ID Checks Next Month
As of July 15, new customers will be required to complete identification checks to use KuCoin's services.
CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.