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Cheyenne Ligon @ CoinDesk · 07/02/2024 15:24 EDT

DCG, Top Executives Renew Push to Get New York AG’s Civil Fraud Suit Dropped

Lawyers for cryptocurrency firm Digital Currency Group (DCG) and two of its top executives – CEO and founder Barry Silbert and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned trading arm Genesis – have made a final effort to convince a judge to toss out New York Attorney General (NYAG) Letitia James’ civil fraud suit against them. Read more ›

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CoinDesk
Scott Foo @ CoinDesk · 07/02/2024 14:46 EDT

Welcome to DePIN Summer

Decentralized Physical Infrastructure Networks (DePIN) are flourishing across multiple businesses, creating an “economy of things,” where value is shared across all participants. Scott Foo, founder of DePIN Daily, digs in. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 07/02/2024 12:36 EDT

Investors Added Money to Bitcoin ETFs Even as Bitcoin Slipped 7% in June

Data from Bloomberg Intelligence shows the spot funds saw net inflows of $790 million even as the price of bitcoin tumbled 7%. Read more ›

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CoinDesk
Camomile Shumba @ CoinDesk · 07/02/2024 11:38 EDT

Binance Executive's Health Deteriorates in Jail as  Nigeria Money-Laundering Trial Proceeds

On Tuesday the cross-examination of the first witness from Nigeria's Securities and Exchange Commission was completed. Read more ›

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CoinDesk
Will Canny @ CoinDesk · 07/02/2024 11:27 EDT

Crypto Exchange Kraken is Considering Going Nuclear

Massive demand for energy from high performance computing and artificial intelligence firms is changing the landscape in terms of power stability, the company’s CTO said in an exclusive interview with CoinDesk. Read more ›

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CoinDesk
Azeem Khan @ CoinDesk · 07/02/2024 10:31 EDT

Decentralized Science: A Better Way to Fund and Grow Breakthrough Ideas

Imagine if the next blockbuster medication could be funded through a decentralized, transparent process? This would not only democratize the funding of critical research, but also ensure that rewards and recognition are fairly distributed among all contributors, says Azeem Khan. Read more ›

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CoinDesk
Oliver Knight @ CoinDesk · 07/02/2024 10:22 EDT

Pump.Fun Overtakes Ethereum With $2M in Daily Revenue to Take No. 1 Position

Celebrity-inspired meme coins have spurred a surge in revenue for token launchpad Pump.fun over the past 24 hours. Read more ›

2

CoinDesk
Danny Nelson @ CoinDesk · 07/02/2024 10:18 EDT

Ironblocks' 'Venn' Network Aims to Keep Malicious Transactions From Ever Hitting Blockchains

The Israeli firm's Venn security network uses a network of operators to seek out and freeze suspect transactions before they execute. Read more ›

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CoinDesk
Sam Kessler @ CoinDesk · 07/02/2024 10:00 EDT

Bitcoin Could Get Ethereum-Style Restaking as Startup Lombard Raises $16M

Lombard is partnering with staking startup Babylon to let users earn interest for "restaking" with Bitcoin – using the asset to secure other crypto networks. Read more ›

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CoinDesk
Margaux Nijkerk @ CoinDesk · 07/02/2024 10:00 EDT

RedStone, Blockchain Oracle Project Pushing Into Restaking, Raises $15M

The fresh round of capital will go towards hiring new team members, according to a press release. Read more ›

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CoinDesk
Margaux Nijkerk @ CoinDesk · 07/02/2024 10:00 EDT

Pi Squared, Building 'Universal ZK Circuit', Raises $12.5M

The startup, led by a University of Illinois Urbana-Champaign computer science professor, uses zero-knowledge technology to enable “trustless remote computing" along with other blockchain use cases including AI. Read more ›

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CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 07/02/2024 09:55 EDT

CoinDesk 20 Performance Update: ADA and XRP Lead

Overnight, ADA and XRP led the CoinDesk 20 with half the assets trading higher. Read more ›

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CoinDesk
Oliver Knight @ CoinDesk · 07/02/2024 09:28 EDT

Astar Network to Burn 350M ASTR, 5% of Total Supply

Multi-chain smart contract network Astar Network will burn 350 million ASTR tokens representing 5% of its total supply following a governance vote. Read more ›

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CoinDesk
Omkar Godbole @ CoinDesk · 07/02/2024 09:23 EDT

Bitcoin's Retreat From $70K Characterized by 'Vol Lethargy'

Deribit's BTC DVOL index, a measure of volatility expectations, has slipped to lowest since early February. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 07/02/2024 09:11 EDT

Polkadot’s $245M Treasury Will Last 2 Years at Current Spending Rate

The blockchain spent $87 million in the first six months this year, with marketing activities accounting for the majority of expenses. Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 07/02/2024 08:01 EDT

First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows

The latest price moves in bitcoin (BTC) and crypto markets in context for July 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more ›

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CoinDesk
Ian Allison @ CoinDesk · 07/02/2024 08:00 EDT

Worldcoin Hires Former Google, X and Apple Execs to Beef Up Privacy, Security

Tools for Humanity (TFH), a contributor to the Worldcoin project, hired four executives to advance its mission to ensure a more just economic system, the company said on Tuesday. Read more ›

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28.11.2024 22:52
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