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Bitcoin, Ether in the Green as Global Easing Cycle Begins
[Mar 25, 2024 12:11 AM] Over $100 million in bitcoin and ether shorts have been liquidated over the past 24 hours.
Do Kwon Out of Jail, Under House Arrest Pending Extradition Decision
[Mar 24, 2024 11:30 AM] Multiple sources have reported that Do Kwon, the ex-chief executive officer of Terraform Labs, was set free from jail on Saturday while the high court in Montenegro decides on two separate extradition requests submitted by South Korea and the…
Heco Bridge Hacker Moves $137 Million in Stolen ETH to Tornado Cash
[Mar 24, 2024 9:05 AM] In a recent development observed by onchain alerts, the entity responsible for exploiting the Heco bridge and siphoning off millions in ethereum late in November 2023 from the conduit bridge connecting Ethereum and the Heco blockchain, transferred…
R&B Artist Akon Tells Fans Not to Request Crypto-Related Messages
[Mar 24, 2024 2:30 AM] Award-winning musician Akon recently pleaded with his fans on a video-sharing website not to request him to record crypto-related messages. However, in a post on the website, the music producer did not share reasons for his newfound disinterest in…
Kenya Resists US Government’s Lobbying for Worldcoin, Considers Limiting Use of Tiktok
[Mar 23, 2024 4:00 PM] The U.S. government has attempted to persuade Kenyan officials to lift the suspension of Worldcoin’s operations in the country, but these overtures have been rejected, the Kenyan Interior cabinet secretary has said. The Kenyan government is also…
9 New Bitcoin ETFs Accumulate $1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone
[Mar 23, 2024 10:00 AM] In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $1.3 billion. Holding 474,363.55 bitcoins worth $30.6 billion, these new ETFs are short of 25,636.45…
From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days
[Mar 23, 2024 6:30 AM] As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since evolving into an…
UK Court Convicts Woman Found With More Than $4.3 Billion in BTC
[Mar 23, 2024 5:30 AM] A London resident reportedly caught with bitcoins worth over $4.3 billion has been convicted for entering into a money laundering arrangement. The woman specialized in converting digital assets into physical assets, such as multimillion-dollar…
Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: Report
[Mar 22, 2024 3:56 PM] FTX’s slice of artificial intelligence firm Anthropic is up for sale, and global investors including sovereign wealth funds are lining up for the chance to purchase the shares, according to a new report from CNBC citing unnamed sources.
Cathie Wood Calls Bitcoin a ‘Financial Super Highway,’ Reiterates $1.5M Price Target
[Mar 22, 2024 1:06 PM] The Ark Invest CEO said the firm has been looking closely at emerging markets, where use cases of the digital asset make her believe that bitcoin is partly a risk-off asset.
SEC's Gensler Says Crypto Firms Skip Public Disclosures by Dodging Registration
[Mar 22, 2024 10:15 AM] U.S. Securities and Exchange Commission Chairman Gary Gensler used a speech on the "public good" of securities disclosures on Friday to point specifically at the crypto industry as a problem area.
Bitcoin Slips to $64K as Large Grayscale GBTC Outflows Continue
[Mar 22, 2024 10:06 AM] U.S.-listed spot bitcoin ETFs saw over $830 million of outflows so far this week, and are poised for the first negative week since late January.
BlackRock Seeing Only 'A Little Bit' Demand for Ethereum from Clients, Says Head of Digital Assets
[Mar 22, 2024 10:05 AM] Robert Mitchnick, the asset manager’s head of digital assets, said that there’s a misconception that BlackRock will have a “long tail” of other services within crypto.
BlackRock's Robert Mitchnick: Bitcoin Is "Overwhelmingly" The Number One Priority For Clients
[Mar 22, 2024 9:57 AM] In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager's approach to Bitcoin, cryptocurrencies and the future of the crypto…
The Bitcoin Company Launches Instant Cross-Border Payment API For Mexico and Brazil
[Mar 22, 2024 9:17 AM] The Bitcoin Company has unveiled its new Remittances API, allowing individuals and financial institutions to send instant payments to any bank account in Mexico and Brazil in under 1 second, according to a press release sent to Bitcoin Magazine…
Aptos Soars 16%, Leading CoinDesk 20 as Broader Market Declines: CoinDesk Indices Market Update
[Mar 22, 2024 8:52 AM]
Do Kwon’s Extradition to South Korea Postponed by Montenegrin Supreme Court
[Mar 22, 2024 8:42 AM] Montenegro’s Supreme Court placed a pause on Terra founder Do Kwon’s pending extradition from the Balkan country, issuing an order on Friday that overturns earlier decisions from two lower courts to extradite Kwon to his native South Korea.
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
[Mar 22, 2024 8:41 AM] Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging…
Floki Developers Plan Regulated Bank Accounts in Next Value Capture for Tokens
[Mar 22, 2024 7:13 AM] SWIFT payments and SEPA IBANs will be supported – allowing users to transact and transfer money globally.
Coinbase Is More Than Just a Crypto Exchange: JMP Securities
[Mar 22, 2024 6:55 AM] Momentum continues to build in the company’s ancillary businesses, the report said.
First Mover Americas: Fantom’s FTM Outperforms Market Ahead of Upgrade
[Mar 22, 2024 6:19 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for March 22, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
[Mar 22, 2024 5:30 AM] The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases…
AIOZ Network Partners With Alibaba Cloud to Boost AI, Storage and Streaming Services
[Mar 22, 2024 4:05 AM] Decentralized infrastructure network (DePin) AIOZ Network has become the leading blockchain partner in Alibaba Cloud’s Innovation Accelerator initiative, according to a blog post.
Fantom’s FTM is the Best Performing Non-Meme Token of the Past 30 Days
[Mar 22, 2024 3:30 AM] Fantom's impending Sonic upgrade, expected to boost transaction processing speeds, may have galvanized investor interest in the cryptocurrency.
Bitcoin Remains Overbought Despite Recent Correction, JPMorgan Says
[Mar 22, 2024 2:53 AM] The pace of net inflows into spot bitcoin ETFs has slowed considerably, with a significant outflow recorded in the past week, the report said.
Frax Finance Targets $100B Value Locked in Singularity Roadmap
[Mar 22, 2024 12:13 AM] Frax's singularity roadmap has set a target of $100 billion in TVL for its layer 2 Fraxtal.
Bitcoin Tests $66K as Analysts Expect More Volatility Before Calm
[Mar 21, 2024 11:57 PM] The market might take a breather this weekend, says Singapore's QCP Capital.
U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues
[Mar 21, 2024 9:43 PM] Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows.
Stratum Reference Implementation Launches SRI 1.0.0 To Enhance Bitcoin Mining
[Mar 21, 2024 4:17 PM] The Stratum Reference Implementation (SRI) team has unveiled SRI 1.0.0, a new milestone in their journey to decentralize and optimize bitcoin mining, according to a press release sent to Bitcoin Magazine. This latest release is now available for…