CoinDesk

News from CoinDesk


Week's most reacted
18.11.2024 − 24.11.2024
CoinDesk
Stephen Alpher @ CoinDesk · 11/19/2024 15:17 EDT

Rumble Stock Rises as CEO Teases Bitcoin Adoption

The YouTube competitor had about $131 million of cash and cash equivalents on its balance sheet as of the end of the third quarter. Read more

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CoinDesk
Kunal Bhasin @ CoinDesk · 08/14/2024 13:34 EDT

The Coming Financialization of Hashrate Markets

Bitcoin hashrate, the computational power securing the Bitcoin network, is emerging as a unique commodity with intriguing investment potential, say Sadiq Jaffer, Senior Manager, Financial Services, KPMG UK, and Kunal Bhasin, partner for Digital Assets Center of Excellence, KPMG Canada. Read more

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CoinDesk
Andrés Engler @ CoinDesk · 08/14/2024 13:26 EDT

Binance to Pay $1.7M to Brazilian Securities Commission to End Probe Into Unauthorized Derivatives Offering

The Latin American country's agency had rejected Binance’s previous proposal, made in August 2023, to end an investigation into its derivatives products. Read more

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CoinDesk
Brian Rudick @ CoinDesk · 08/14/2024 13:11 EDT

The Anatomy of a Meltdown (and Just BTFD)

GSR’s Brian Rudick discusses the recent market meltdown, how towering bull tenets and fading risks could propel Bitcoin to $1m, and why the recent dip is a gift, all combining to make cryptocurrency’s risk-reward its most compelling in years. Read more

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CoinDesk
Krisztian Sandor @ CoinDesk · 08/14/2024 12:44 EDT

Bitcoin Price May Turn Lower as Crypto Exchanges See $1B USDT Withdrawal: IntoTheBlock

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price, IntoTheBlock analysts noted. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/14/2024 10:30 EDT

Ethereum-Based Swell Imports Wrapped Bitcoin to Serve as Liquid Restaking Token

Users can deposit their wBTC to get swBTC in return, with yield expected to start flowing from mid-September – as part of a blockchain "restaking" scheme ultimately designed to secure protocols in the Ethereum blockchain ecosystem. Read more

0

CoinDesk
Will Canny @ CoinDesk · 08/14/2024 10:28 EDT

Hut 8 Upgraded to Buy, Risk Reward Is to the Upside: H.C. Wainwright

The broker upgraded the bitcoin miner's shares to buy from sell and raised its price target on the stock to $13.50 from $7.50. Read more

0

CoinDesk
CoinDesk Indices, Tracy Stephens @ CoinDesk · 08/14/2024 09:48 EDT

CoinDesk 20 Performance Update: RNDR and SOL Propel Index to a 1.3% Increase

Render climbs 3.3% while Solana adds 3.0%, helping drive the index upward. Read more

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CoinDesk
Amitoj Singh @ CoinDesk · 08/14/2024 09:06 EDT

Thailand's PM Removed, But Crypto Policies Likely to Remain 'Largely' Unaffected in Political Uncertainty

Thailand Prime Minister Srettha Thavisin's shock removal from office by a court on Wednesday may not impact crypto rules in the nation, even if some policy implementations may be affected, experts told CoinDesk. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/14/2024 09:00 EDT

Sahara AI, Blockchain Project Tackling Copyright and Privacy, Raises $43M

The large funding round was led by Pantera Capital, Binance Labs and Polychain Capital and included participation from Samsung, Matrix Partners, Foresight Ventures and others. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/14/2024 08:16 EDT

First Mover Americas: BTC Tops $61K, But Traders Remain Cautious

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. Read more

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CoinDesk
Sam Reynolds @ CoinDesk · 08/14/2024 08:12 EDT

Crypto is a 'Purple Issue': Circle's Jeremy Allaire

The Circle CEO cited prior bi-partisan work on stablecoin legislation and FIT21 as proof crypto doesn't belong to a particular political party Read more

0

CoinDesk
Krisztian Sandor @ CoinDesk · 08/14/2024 08:00 EDT

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet. Read more

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CoinDesk
Shaurya Malwa @ CoinDesk · 08/14/2024 08:00 EDT

Pump.Fun's Removal of $2 Issuance Charge Pushes Daily Fees to All-Time Highs, But Users are Unhappy

The viral application allows anyone to issue a token on the Solana blockchain. It recently dropped a fee it charged for doing so, leading to thousands of “rugs” being created and attracting a spike in complaints. Read more

1

CoinDesk
Krisztian Sandor @ CoinDesk · 08/14/2024 08:00 EDT

TON Crypto Ecosystem Gets Its Own Venture Fund to Invest $40M in Consumer Apps

The TON ecosystem, originally started by Telegram, has seen explosive growth lately with web3 games such as Hamster Kombat attracting many millions of users. Read more

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CoinDesk
Margaux Nijkerk @ CoinDesk · 08/14/2024 07:00 EDT

Ethereum Set for Overhaul of Crucial Programming Standard With 'EVM Object Format'

The EOF proposal is a series of smaller EIPs that include measures aimed at updating and improving the Ethereum Virtual Machine (EVM), the programming environment that executes smart contracts on the blockchain, and arguably Ethereum’s secret sauce that made it different from Bitcoin and other early distributed networks at the time it launched in 2015. Read more

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CoinDesk
Jamie Crawley @ CoinDesk · 08/14/2024 06:48 EDT

Crypto.com Secures Multiyear Sponsorship Deal With UEFA Champions League

Crypto.com's sponsorship of the Champions League will be unveiled officially at Wednesday's UEFA Super Cup match between Real Madrid and Atalanta in Warsaw. Read more

0

CoinDesk
Amitoj Singh @ CoinDesk · 08/14/2024 06:20 EDT

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets

Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal. Read more

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27.11.2024 10:43
Last update: 10:36 EDT.
News rating updated: 17:32.

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