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Warning! Scammers Are Pretending to Be CoinDesk Journalists on Social Media

[Feb 5 9:10 AM] Real CoinDesk journalists don't ask for money. Also, please be wary of links sent from people claiming to work for us.

Crypto Payments App Oobit Raises $25M in Series A Funding Round Led by Tether

[Feb 5 8:00 AM] The round also included participation from Anatoly Yakovenko, the co-founder of Solana.

Genesis Seeks Approval to Sell $1.6B in Bitcoin, Ether Trust Holdings

[Feb 5 4:08 AM] Nearly $1.4 billion of Genesis’ assets were held in Grayscale Bitcoin Trust (GBTC), which has since converted to a spot exchange-traded fund (ETF).

Apple's 'Vision Pro' Set to Get First Crypto-Focused Metaverse App From Victoria VR

[Feb 2 11:05 AM] The app is set to be released in the second qaurter and the token VR has already surged 60% in last 24 hours.

Crypto Trading Platform Avantis Opens Perpetual Swaps DEX on Base Network

[Feb 2 8:00 AM]

OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down

[Feb 1 3:47 PM] Customers were advised to settle their positions by Feb. 7 and withdraw their money by Feb. 14.

The Biggest BONK Whale Just Invested in 'Ycombinator for Solana'

[Feb 1 2:10 PM] BONK DAO is writing a $500,000 check for the venture fund of Colosseum, Solana's new hackathon organizer.

Larry David Calls Himself an 'Idiot' for Doing Infamous FTX Super Bowl Ad

[Feb 1 11:00 AM] Sam Bankman-Fried's cryptocurrency exchange infamously collapsed months after the commercial.

Crypto for Advisors: AI Tools for Advisors

[Feb 1 10:45 AM] Content creation and productivity are the main benefits of advisors utilizing AI tools.There are some helpful things that AI can do to help financial advisors.

Superstate Debuts Tokenized Short-Term Treasury Fund on Ethereum to Compete for Zero-Yield Stablecoins

[Feb 1 9:00 AM] Superstate's USTB token aims to offer institutional investors an alternative to stablecoins to earn a yield on their on-chain cash holdings, Superstate founder and CEO Robert Leshner said.

Tether’s ‘Record-Breaking’ Q4 Profit Partly Attributed to Gold and BTC Price Appreciation

[Feb 1 8:30 AM] In the last quarter of 2023, Tether Holdings Limited registered a “record-breaking net profit of $2.85 billion.” Overall, the stablecoin issuer’s net profit in 2023 topped $6.2 billion. Tether’s secured loans ($4.8…

Crypto Startup Velar Plans Perpetual Swaps Exchange for Bitcoin DeFi After Raising $3.5M

[Feb 1 8:30 AM] Crypto trading startup Velar raised $3.5 million to build a suite of DeFi tools for Bitcoin's nascent DeFi scene

Celsius' Bitcoin Mining Assets to Restart as New Firm Prepares to Go Public

[Feb 1 8:00 AM] The new company, Ionic Digital, expects to hit mining capacity of 12.7 exahash per second (EH/s).

Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis

[Feb 1 8:00 AM] A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023.

Germany Banking Giant DZ to Pilot Crypto Trading This Year: Bloomberg

[Feb 1 3:50 AM] The bank released a cryptocurrency custody platform in November.

'Bitboy' Ben Armstrong is Stopping Daily Crypto Show After 3 Years

[Jan 31 6:32 PM] Ben Armstrong, the brash crypto influencer whose precipitous rise as the "Bitboy" vlogger came crashing down under corporate and personal scandal, is stopping his daily livestream after three years.

CoinDesk Brings Back 'Microcosms' NFT Consensus Ticket

[Jan 31 1:11 PM] Minting is live for the 1,000-run collection, whose additional perks will let holders get the most out of Consensus 2024 in Austin, Texas.

Crypto Market Maker GSR Appoints Former JPMorgan Executive as Head of Trading

[Jan 31 12:46 PM] The new hire happens as digital asset markets are maturing and have become increasingly intertwined with traditional finance.

CoinDesk Mothballs DESK Reward Token Program

[Jan 31 11:54 AM] It was an experiment in driving community engagement, and we're leaving the door open to relaunching DESK or something similar in the future.

Tether Reports Record $2.85B Profit as Biggest Stablecoin Nears $100B Market Cap

[Jan 31 10:07 AM] The USDT stablecoin issuer held over $5.4 billion in excess reserves as of 2023 year-end, according to its latest attestation.

Global X Pulls Out of Spot Bitcoin ETF Application

[Jan 31 10:01 AM] Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund.

New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut

[Jan 31 9:30 AM] The bank took over defunct Signature Bank's non crypto-related deposits last year.

Ripple's XRP Drops 5% Amid Report of Potential $112M Hack

[Jan 31 8:24 AM] Blockchain analyst ZachXBT claims 213 million XRP tokens were stolen before being laundered across multiple exchanges.

Former UK Chancellor George Osborne Joins Coinbase as Adviser

[Jan 31 6:27 AM] Osborne becomes the second former U.K. chancellor to join a crypto firm following his immediate successor, Philip Hammond.

Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX

[Jan 31 5:22 AM] The world's largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously.

Bona Fide Wealth President Defines Bitcoin as ‘Digital Gold,’ Discusses Showdown Between Crypto Natives and Traditional Finance

[Jan 30 4:30 PM] Douglas Boneparth, the president and founder of Bona Fide Wealth, recently articulated his perspective on bitcoin, describing it as a digital equivalent of gold or a store of value in the digital realm. In addition, Boneparth further highlighted…

Invesco and Galaxy Slash Fees in Competitive Spot Bitcoin ETF Market

[Jan 30 1:35 PM] Responding to the fierce competition in the spot bitcoin ETF market, Invesco and Galaxy Asset Management have lowered the long term fee of their joint BTCO fund, positioning it more competitively against sector heavyweights. Invesco and Galaxy ETF…

Bitcoin Miner GRIID Shares Extend Drop After Nasdaq Listing

[Jan 30 12:42 PM] GRIID commenced trading on the Nasdaq Global Market on Monday under the ticker symbol "GRDI" while continuing to trade on Cboe Canada under the same ticker.

Jack Dorsey's Block Inc. Begins Layoffs Under Previously Disclosed Plan to Cut Staff by 10%

[Jan 30 12:14 PM] The company plans to drastically reduce its headcount throughout 2024 through a series of layoffs and reorganizing measures.

Paypal’s PYUSD Stablecoin Central to Investment in Digital Finance Platform Mesh

[Jan 30 11:30 AM] Paypal Ventures, the venture capital division of Paypal, revealed this week its investment in Mesh, a financial technology startup focused on advancing digital payments. The investment entity emphasized that the capital injection was primarily…