CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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WazirX Hacker Is Almost Done Laundering $230M Stolen Funds
On-chain data shows the hacker, or group of hackers, behind the massive theft is now close to completing the laundering of the stolen funds.
First Mover Americas: Bitcoin Retreats Following Ascent to $64K
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin's South Korea Discount Hits Highest Since October 2023
The bitcoin price discount on Korean exchanges relative to offshore venues is the steepest since October 2023, according to CryptoQuant.
A Fire Alarm Interrupted an Aussie Crypto Summit. The Symbolism Wasn't Missed by a Concerned Industry
Australia's crypto industry is concerned companies will move offshore after the nation's securities regulator set off "the crypto fire alarm."
Bitcoin ETFs Remove Nearly Five Times Daily Supply as Ethereum ETFs See Strong Rebound
Ether ETF experienced a $62.5 million inflow, marking its third-largest day since launch.
Bitcoin Strength Continues on U.S, China Easing; Floki Bot Crosses Trading Milestone
BTC broke $64,000 in late U.S. hours Tuesday as traders pushed the chances of a second consecutive 50 basis point rate Fed rate cut to 61%. PLUS: Floki fundamentals fuel a price surge.
Blockchain-Based Investment Platform Assetera to Offer Tokenized Assets on Polygon
Assetera will use Ethereum scaling network Polygon to secure transactions and utilize stablecoins for purchase, clearing and settlement to ensure the process is fast and efficient.
Binance Says It Helped India's Enforcement Directorate Trace $47.6 million Related to a Gaming Scam
Binance, the world's largest cryptocurrency exchange, has helped India's Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on…
Stand With Crypto Group Moves Harris' Rating to 'NA' From 'B'
The change comes as Crypto Twitter points out that Harris doesn't have a crypto policy in her platform.
Sky Reconsiders Plan to Offboard Wrapped Bitcoin, After Chat With BitGo CEO
An influential adviser to DeFi lender Sky, formerly known as MakerDAO, now says their concerns have been adequately addressed regarding Tron founder Justin Sun's involvement in the custody of bitcoin backing the WBTC token.
Bitcoin Pushes Past $64K as Monetary Ease Expectations Grow
Traders Tuesday pushed expectations of a second consecutive 50 basis point rate Fed rate to 60%.
Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud
Caroline Ellison was sentenced Tuesday afternoon.
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing
TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD {{TUSD}} stablecoin and offered securities tied to it without properly registering…
Leveraging Bitcoin’s Security for Trustless Asset Transfers
We should be looking to Bitcoin as the foundation for secure cross-chain infrastructure, says Jeff Garzik, CEO of Bloq and leader of the Hemi Network project.
What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing
Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a…
Turkey Shelves Additional Plans to Tax Stocks and Crypto: Bloomberg
We don’t have a stocks tax on our agenda. It was discussed previously and fell from our agenda, Vice President Cevdet Yilmaz told Bloomberg, talking about plans that also affect crypto.
'We are Running Out of Time': U.S. House Democrat Urges Stablecoin Bill Compromise
U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to…
MicroStrategy Outpaces BlackRock's IBIT by Over 3x Year-to-Date
Exploring the unique strategies and competitive landscape of BlackRock's IBIT vs. MicroStrategy
DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing
The offering solves the liquidity issues faced by investors due to the 27-day deposit lock-up period.
How Democrats Have Shifted on Crypto
While Democrats are yet to outline much crypto policy, the Democratic National Convention showed a significant change in tone, say Justin Slaughter and Sheila Warren.
CoinDesk 20 Performance Update: ICP Gains 4.4%, Leading Index Higher
DOT was also a top performer, gaining 4.0%.
Bitcoin Miner From Network’s Earliest Months Is Sending BTC to Kraken
The wallet first started moving bitcoin to Kraken three weeks ago and has moved 10 BTC so far in three separate transactions.
First Mover Americas: Bitcoin Little Changed in Face of PBOC Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin's Trading Range Extends Beyond 125 Days as September Shows Resilience
Defying typical September trends, bitcoin's resilience hints at a potential breakout from its prolonged downtrend.
Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance
Powell will start in her new role at the crypto exchange in November.
Ether ETFs Record Biggest Outflows Since July in Sign of Low Institutional Appeal
The outflow come despite a broader crypto market rally fueled by recent Federal Reserve rate cuts, which helped lift ether prices by 11% over the past week.