Hackers stole $409 million worth of cryptocurrency in the third quarter, with an additional $3 million lost to fraud, according to a report by ImmuneFi.
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Wall Street Titan Guggenheim Tokenizes $20M of Commercial Paper on Ethereum
Guggenheim Treasury Services, a subsidiary of financial services giant Guggenheim Partners, has issued $20 million of tokenized commercial paper on the Ethereum blockchain, its partner, blockchain platform Zeconomy, announced Thursday.
Curve Finance Mulls Removing TrueUSD as Collateral for Stablecoin Curve USD
“crvUSD is overexposed to minor stablecoins, especially TUSD which has a dubious track record and has recently been charged by the SEC with defrauding investors,” the proposer wrote.
Crypto Inspired by 'Moo Deng' Zooms to $100M as Hippo Meme Takes Over Internet
Holder count has zoomed to 12,400 unique wallets with over $48.5 million in volume traded over the last 24 hours, a fan page for the token said Wednesday.
Bitcoin ETF Demand Grows Among U.S. Investors as China Considers Massive $142B Capital Injection
Data from SoSoValue shows that the total daily net inflow cracked $100 million for the second day in a row for the BTC ETFs amid global monetary easing. PLUS: Worldcoin is up double digits as World ID expands to more countries.
A Singapore court has granted Indian cryptocurrency exchange WazirX a four month moratorium based on certain conditions on Thursday, an industry source told CoinDesk.
The Protocol: When Trump Bought Red-Meat Bitcoin Burgers, He Called It 'Crypto'
Republican U.S. presidential candidate Donald Trump won chits from the Bitcoin community for reportedly purchasing smash burgers at a Bitcoin-friendly New York pub. But in a way, the whole episode was about damage control.
Stablecoins Will Drive Institutional Adoption in Asia: Chainalysis CEO
Stablecoins will drive institutional adoption in Asia, "even if regulators are not happy with it," Chainalysis co-founder and CEO Michael Gronager said in an interview.
Unreliability, High Prices, and Security Breaches: Can DePIN Fix Telecom?
With skyrocketing costs, frequent security breaches, and unreliable services, the telecom industry is ripe for change, and DePIN may serve as the perfect catalyst for the sector’s transformation, says Uplink's Carlos Lei.
For investors, ETH’s future depends on how Ethereum balances innovation with maintaining healthy economic policy, says Matthew Kimmel, digital asset analyst, CoinShares.
Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto community, says Andre Dragosh, head of research Europe, CoinShares.
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