Ethena domain registrar hacked, Ethena Labs warns users to stay away
The Ethena website appears to have suffered a front-end attack, and users are encouraged not to interact with the platform.
External news feeds 2/1662
Fed Slashes Benchmark Interest Rate by 50bps in First Cut Since 2020
On Wednesday, the U.S. Federal Reserve lowered its benchmark interest rate for the first time since March 2020. The Sept. 18, 2024 rate cut amounted to 50 basis points (bps), a notably bigger adjustment than many analysts anticipated. According to…
Dogecoin Miners In Accumulation Mode, But Is This Really Bullish?
On-chain data shows the Dogecoin miners have been accumulating recently. Here’s what this could mean for the memecoin, based on past pattern. Dogecoin Miner Supply Has Been Going Up For A While Now In a new insight post, the on-chain…
The Protocol: How Winklevii Taught Dad BTC, Wild Flight to Singapore
Forget the Federal Reserve. The Bitcoin and crypto project news flow is ample (and fascinating) enough to keep us busy. We've got the rundown plus $80M of fundraisings. In CoinDesk's weekly newsletter on blockchain tech.
Silvergate Capital files for Chapter 11 bankruptcy in Delaware
The parent company of Silvergate Bank has listed assets ranging from $100 million to $500 million and liabilities between $10 million and $50 million.
NFT Project Doodles to Celebrate Rubik’s Cube’s 50th Anniversary With Digital Collectibles
Non-Fungible Token (NFT) project Doodles has announced a collaboration with Spin Master to celebrate the 50th anniversary of the Rubik’s Cube. This partnership will introduce a “pack ripping” fan experience, where participants can unlock both…
HEX founder Richard Heart suspected of tax evasion in Finland
Richard Schueler, aka Richard Heart, is already at the center of an SEC suit. Now, he has issues in Finland, his chosen country of residence.
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. Securities and Exchange Commission was hammered for two hours in a congressional hearing on Wednesday in which the witness list predominantly included agency critics, including former Commissioner Daniel Gallagher, who is now at Robinhood.
Inside the Pig Butchering Scam: Real Stories from Victims
The latest Cointelegraph video discusses one of the most dangerous crypto scams, 'Pig Butchering,' where victims are lured into fake investment schemes.
Bitcoin Market Stagnation Signals Potential for Future Volatility, Report Shows
Bitcoin’s market is currently experiencing a period of stagnation, characterized by minimal capital inflows and outflows. According to an onchain analysis from Glassnode, researchers highlight that this inactivity may lead to heightened…
Price analysis 9/18: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is at a critical juncture, and analysts are divided about the potential impact of interest rate cuts on the market’s direction.
Borderless Capital announces $100M for third DePIN fund
Borderless’ third fund targeting DePIN projects is backed by Peaq, the Solana Foundation, Jump Crypto and IoTeX. The DePIN market is expected to reach $3.5 trillion by 2028.
Nervos (CKB) Stuns Crypto Market With 120% Rally—Is This Growth Sustainable?
As of September 18, the broader crypto market has risen a percent as major cryptocurrencies like Bitcoin and Ethereum featured their return to pre-September levels. This bullishness bled to the altcoin market, prompting many tokens to follow the…
CME Traders Bet Big Against Bitcoin As US Fed Rate Cut Looms
Traders on the Chicago Mercantile Exchange (CME) have been increasing their short positions on Bitcoin futures ahead of the US Federal Reserve’s interest rate decision, according to K33 analyst David Zimmerman. This move indicates a cautious…
Fair AI: Why Everyone Should Profit From the AI Boom
Google, OpenAI, Microsoft, Meta, and Nvidia currently dominate AI development, including the data that drives it. Blockchain and crypto tech can compensate users, making for more equitable AI networks, says Calanthia Mei, Co-Founder of Masa.
Bitgo to Launch USDS Stablecoin in January 2025
Bitgo plans to launch its new stablecoin, USDS, in January 2025, offering a unique model that rewards liquidity providers. The announcement was made by Bitgo CEO Mike Belshe during an interview with Coindesk at the Token2049 event in Singapore. The…
Partner of ex-FTX exec pleads not guilty to campaign finance charges
Michelle Bond was free on a $1-million bond and restricted from traveling outside the continental US, while her partner, Ryan Salame, is expected to report to prison on Oct. 11.
WisdomTree Pushes Further Into Tokenization With New Platform
WisdomTree is making another push into real-world asset tokenization with the introduction of WisdomTree Connect for businesses and institutions.
Bridging the Skills Gap: Preparing the Workforce for a Web3 Future
Companies have invested so much on education with a focus on trading, but have not turned their attention to the portion of the workforce that remains unfamiliar with the technology that will be responsible for creating, facilitating, communicating…
Three Ways DeFi Will Revolutionize Financial Services
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
REX Shares, Tuttle launch 2x long, short Microstrategy ETFs
They follow Defiance ETF’s launch of a 1.75x leveraged MSTR ETF in August.
Dragonfly Capital Aims to Raise $500M Fund: Bloomberg
Dragonfly closed its third fund, worth $650 million, in April 2022, shortly before the onset of the crypto bear market.
BTC price slips from $60K as Bitcoin traders brace for FOMC 'fireworks'
Bitcoin price volatility begins with hours to go until one of the most eagerly anticipated Fed rate decisions in recent years.
Layer-2 Meme Coin Pepe Unchained Hits $13.5M in Presale, Analyst Says it’s the Next Crypto to Explode
Pepe Unchained (PEPU) has quickly become the crypto community’s latest focus, with its presale passing the $13.5 million mark. This meme-themed Layer-2 coin combines Pepe branding with advanced blockchain tech. And one expert believes it…
Fantom To $2: Here’s What’s Driving The FTM Price Recovery
Fantom (FTM) is enjoying much bullish momentum at the moment, and the odds of the coin rising to as high as $2 has increased. The FTM price recovery is thanks to Fantom’s fundamentals, which have sparked a positive sentiment among investors. What…
Stablecoins May Cushion Fed Rate Cut Impact on Treasury Tokens, Standard Chartered's Regional Head Says
The Fed is likely to cut rates later Wednesday, starting the so-called liquidity easing cycle.
Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez.
Bitcoin L2 and Sidechain Networks Surge to $1.31 Billion in Locked Value
This year, Bitcoin layer two (L2) solutions and sidechains have gained incredible traction, with the top ten Bitcoin-based sidechains or L2 protocols now controlling a combined $1.31 billion in total value locked (TVL). The latest figures reveal…
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, co-founder of Swarm Markets.
“PickleBit”: Proof of Workforce, Fold, and Pickle Pop Partner on Pickleball Tournament, Offer Bitcoin Prize Pool
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners.The…