Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.
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Bitcoin Payments App Strike Expands to More Than 65 Countries From Three
Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries, from Antigua and Barbuda to…
Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield
The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.
Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments
“The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.
U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M
An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.
Ledger’s Hard Lesson: Being Right Isn't Good Enough
Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.
Why Web3 and the AI-Internet Belong Together
Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk’s Chief Content Officer, Michael Casey.
Vega Token Rallies Ahead of Protocol Possibly Going Live Monday
The platform is awaiting an expected approval from the community, says Vega’s co-founder.
To Axie Infinity and Beyond
Axie Infinity: Origins launched on the Apple App Store, pumping AXS tokens. Plus, we examine if NFT trading volume matters.
Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board
Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.
Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video
A new tool called Streamingfellaz will allow Deadfellaz holders to embody their PFP on camera via platforms including Twitch, YouTube, Google Meet and Zoom.
Beyond the JPEG: Web3 Is Expanding the Artist's Canvas Through Immersive IRL Experiences
NFTs allow artists to be creative about how they share digital art and engage with their audiences, creating new collaborative, sensory experiences.
Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet
The official announcement by the unit of Block (SQ) was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.
Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts
Ledger believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet.
Bitcoin in Stasis Below $27K Ahead of Powell Speech
At 15:00 GMT, Powell will speak at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference hosted by the Federal Reserve.
Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June
The upgrade would bring enhancements to sidechains and bug fixes.
First Mover Americas: Litecoin Might Be Trading at a Discount
The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network
Litecoin Is Undervalued, Onchain Indicator Suggests
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.
Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface.
NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts
DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of…
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
BTC reversed its morning gains, declining below $26,500 before recently rebounding.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker's new model can deliver a wooping 320 TH/s.