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Oliver Knight @ CoinDesk · 10/02/2024 11:50 EDT

EigenLayer's Token Launch Draws Scrutiny Over Supply Concerns

In some ways, the release of EigenLayer's native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it's momentary record high. But there appears to be a storm brewing behind the scenes, with several investors and community members calling foul on a lack of transparency over the token's... Read more ›

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CoinDesk
Julien Vallet @ CoinDesk · 10/02/2024 11:18 EDT

The Rise of Index Investing in Crypto

Despite undeniable growth, crypto remains volatile, posing challenges for even seasoned investors. An increasingly popular solution to navigating these risks is crypto index investing, says Julien Vallet, CEO, Finst. Read more ›

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CoinDesk
David Lawant @ CoinDesk · 10/02/2024 11:16 EDT

Crypto at a Pivotal Moment

The U.S. election combined with an easier monetary environment could spark the next crypto bull market, says David Lawant. Read more ›

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CoinDesk
Marc Hochstein @ CoinDesk · 10/02/2024 10:52 EDT

U.S. Election Betting: Court Ends Pause on Kalshi's Congressional Contracts

The CFTC "has failed to demonstrate that it or the public will suffer irreparable injury absent a stay pending appeal," an appeals court said, clearing the prediction market to resume listing the contracts. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 10/02/2024 10:32 EDT

Bitwise Makes XRP ETF Plans Official With SEC Filing

Bitwise submitted an S-1 form to the U.S. Securities and Exchange Commission, a requirement for companies seeking to issue a new security and be listed on a public stock exchange. Read more ›

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CoinDesk
Jamie Crawley @ CoinDesk · 10/02/2024 10:00 EDT

Christie's to Offer Blockchain-Based Ownership Certificates for Photography Collection

Wednesday's sale of "An Eye Towards the Real: Photographs from the Collection of Ambassador Trevor Traina," in New York will see digital certificates issued for each of the 130 lots, which will be minted by Kresus on Base. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 10/02/2024 09:00 EDT

Franklin Templeton Adds Aptos Blockchain to Support Tokenized Money Market Fund

Aptos {{APT}}, the Layer 1 blockchain inspired by the discontinued Diem (formerly Libra) blockchain developed by Meta, has become the latest where Franklin Templeton’s OnChain U.S. Government Money Market Fund (FOBXX) can be traded. Read more ›

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CoinDesk
James Van Straten @ CoinDesk · 10/02/2024 08:31 EDT

Short-Term Holders Send $3B in Bitcoin to Exchanges at a Loss as Mideast Tensions Rise

Geopolitical tensions triggered consecutive daily declines of almost 4% in bitcoin’s price. Read more ›

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CoinDesk
Jamie Crawley, Omkar Godbole @ CoinDesk · 10/02/2024 08:18 EDT

First Mover Americas: Bitcoin Returns to $61K After Tuesday's Dump

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 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
James Van Straten @ CoinDesk · 10/02/2024 06:32 EDT

Grayscale’s High ETF Fee Keeps the Cash Flowing In Even as Investors Withdraw

Grayscale’s fee revenue from GBTC is nearly five times higher than BlackRock’s from IBIT even after a 50% decline in assets under management. Read more ›

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CoinDesk
Sam Kessler @ CoinDesk · 10/02/2024 06:00 EDT

How North Korea Infiltrated the Crypto Industry

More than a dozen blockchain firms inadvertently hired IT workers from the rogue state, incurring cybersecurity and legal risks, a CoinDesk investigation found. Read more ›

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CoinDesk
Jamie Crawley @ CoinDesk · 10/02/2024 04:38 EDT

Bitcoin ETFs Bleed $242.6M, Biggest Outflow Since Sept. 3

The outflows snapped an eight-day winning streak as BTC lost as much as 6% amid an acute heightening of tensions in the Middle East. Read more ›

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CoinDesk
Krisztian Sandor @ CoinDesk · 10/02/2024 04:00 EDT

Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project

Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 10/02/2024 02:29 EDT

Bitcoin Plunge Causes $450M in Bullish Crypto Bets Liquidated

Crypto market capitalization dropped 5% on average as Middle East tensions flared up late Monday, denting growth in risk assets. Read more ›

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CoinDesk
Shaurya Malwa @ CoinDesk · 10/02/2024 01:03 EDT

Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days. Read more ›

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CoinDesk
Nikhilesh De, Cheyenne Ligon @ CoinDesk · 10/01/2024 21:30 EDT

The Spectre of Sam Bankman-Fried Overshadowed Caroline Ellison's Sentencing

Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week. Read more ›

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CoinDesk
Helene Braun @ CoinDesk · 10/01/2024 17:24 EDT

Bitwise Takes a Step Toward XRP ETF

Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple. Read more ›

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CoinDesk
Sam Reynolds @ CoinDesk · 10/01/2024 17:19 EDT

Tether's USDT Has Uses Beyond Crypto Markets, Trading: CEO Paolo Ardoino

Ardoino says there's more of a need for stablecoins outside the U.S., especially in countries with rampant inflation and shoddy financial infrastructure. Read more ›

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CoinDesk
Cheyenne Ligon @ CoinDesk · 10/01/2024 14:51 EDT

Diddy Hires Sam Bankman-Fried’s (New) Lawyer

Sean “Diddy” Combs has hired Sam Bankman-Fried’s lawyer, Alexandra Shapiro, to appeal a New York judge’s decision to keep him locked up while he awaits trial for racketeering and sex trafficking charges. Read more ›

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25.11.2024 10:45
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