Renzo Restaked ETH Suffers a Brief Crash on Uniswap
[Apr 24, 2024 7:48 AM]
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Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
[Apr 24, 2024 7:00 AM] The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.
Bitcoin Payments App Strike Launches for European Customers
[Apr 24, 2024 7:00 AM] Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link
[Apr 24, 2024 6:13 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
[Apr 24, 2024 5:18 AM] Binance's founder and former chief executive, Changpeng "CZ" Zhao has apologised for his "poor decisions" and accepted "full responsibility" for his actions, in a letter to the judge overseeing his case.
Number of Stablecoin Holders Nears 100M Mark, Data Show
[Apr 24, 2024 5:08 AM] The number of addresses holding stablecoins has risen 15% this year.
Nigeria Directs Entities to Identify Those Dealing Crypto With Bybit, KuCoin, OKX and Binance
[Apr 24, 2024 3:26 AM] The Central Bank of Nigeria issued a directive on Tuesday asking financial institutions to identify persons or entities transacting in or operating Bybit, KuCoin, OKX and Binance, according to contents of the letter seen by CoinDesk.
Bitcoin Bulls Pin Hopes on Weaker Dollar to Extend Rally
[Apr 24, 2024 2:04 AM] Some banks, however, expect the dollar index to stay firm over the near term.
What’s at Stake for Crypto in India As the World’s Largest Democracy Is in the Midst of Its National Election?
[Apr 24, 2024 1:51 AM] India’s general election in 2024 is not expected to immediately affect crypto policy, and its current – restrictive – rules are expected to continue on through the upcoming Parliamentary term.
Hedera's HBAR Doubles, Then Falls 25%, as BlackRock Links Diminish
[Apr 24, 2024 1:09 AM] Hedera's native HBAR token surged by more than 107% on Tuesday as investors believed that BlackRock was involved in a fund tokenization project on the Hedera blockchain, the token then slumped by more than 25% as BlackRock turned out to have no…
In Mexico’s Biggest Election Yet, Crypto Remains on the Sidelines
[Apr 24, 2024 12:52 AM] Mexico is poised to have its biggest election ever in a few weeks, with 100 million voters choosing 628 elected officials, thousands of local officials and the president. And crypto issues will remain on the sidelines during the campaign.
Tether Will Freeze Wallets Evading Venezuelan Sanctions
[Apr 24, 2024 12:31 AM] Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports.
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
[Apr 23, 2024 11:43 PM] Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal sanctions and money laundering laws, the U.S. Department of Justice said Tuesday…
Indonesian President Joko Widodo Warns of Money Laundering via Crypto and NFTs
[Apr 23, 2024 11:33 PM] Indonesian President Joko Widodo warned the Financial Transaction Reports and Analysis Centre (PPATK) to monitor the use of crypto and non-fungible tokens (NFTs) for money laundering during a speech last Wednesday at the 22nd Anniversary of the…
Bitcoin, Ether Coil as Crypto Traders in Limbo After Halving
[Apr 23, 2024 10:36 PM] Investors are still gauging macroeconomic factors, one observer said.
Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin
[Apr 23, 2024 7:35 PM] Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by…
Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17
[Apr 23, 2024 1:33 PM] Detained Binance executive Tigran Gambaryan will remain in prison in Nigeria until at least May 17, following an Abuja court’s ruling to postpone a scheduled bail hearing until after he is tried on money laundering charges.
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
[Apr 23, 2024 1:19 PM] PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started…
Controversy Swirls Around Bitcoin’s BIP-420: Push Behind Opcode ‘Isn’t in Good Faith,’ Says Developer
[Apr 23, 2024 12:34 PM] On Monday evening, Taproot Wizards co-founder Udi Wertheimer unveiled a Bitcoin Improvement Proposal (BIP) that reintroduces the OP_CAT opcode to Bitcoin. This opcode could facilitate more streamlined and efficient decentralized file hosting…
Do Kwon, Terraform Labs Should Get $5.3B Fine, SEC Tells Court
[Apr 23, 2024 11:48 AM] The U.S. Securities and Exchange Commission (SEC) has asked a New York court to impose $5.3 billion in fines on Terraform Labs and co-founder Do Kwon for their role in the $40 billion implosion of the Terra ecosystem in 2022.
Jack Dorsey And Block Are Developing A Full Bitcoin Mining System
[Apr 23, 2024 11:39 AM] Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the development of their three-nanometer (nm) bitcoin…
Mt. Gox's Looming $9B Payout Could Weigh on Bitcoin Prices, K33 Research Warns
[Apr 23, 2024 10:47 AM] The defunct crypto exchange will distribute 142,000 BTC and 143,000 BCH to creditors later this year, 10 years after its implosion due to a hack.
Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered
[Apr 23, 2024 9:32 AM] The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.
Exclusive ‘Epic Satoshi’ Auction Launches, Bids Already Double to 2 BTC
Crypto Lobbyists Sue SEC Over 'Dealer' Definition
[Apr 23, 2024 7:28 AM] A U.S. Securities and Exchange Commission rule expanding the definition of a "dealer" to capture digital assets activity went too far, a lawsuit by the Blockchain Association and Crypto Freedom Alliance of Texas alleged.
Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
[Apr 23, 2024 7:01 AM] The firm maintains the "highest" anti-money laundering standards in the industry, it said in a statement to CoinDesk.
Galaxy, Lightspeed Faction Lead $15M Raise for Turnkey, Crypto Wallet Startup From Former Coinbase Employees
[Apr 23, 2024 7:00 AM] The company from ex-Coinbase employees aims to help developers build better blockchain wallets.
Patched Cosmos Bug Could've Put $150M At Risk, Says Firm That Reported It
[Apr 23, 2024 7:00 AM] The reentrancy bug was discovered by Asymmetric Research, a core contributor to the Wormhole interoperability protocol.
First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return
[Apr 23, 2024 6:07 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.