Articles from www.coindesk.com

Articles from www.coindesk.com

Trump picks Howard Lutnick, CEO of Cantor Fitzgerald, which has been a custodian for stablecoin company Tether since 2021, to serve as his Commerce Secretary (www.coindesk.com)
3 days ago Trump

Heather “Razzlekhan” Morgan, who helped launder the 2016 Bitfinex hack proceeds, is sentenced to 18 months in prison; her husband recently got a 5-year sentence (www.coindesk.com)
4 days ago

An interview with El Salvador's top crypto regulator Juan Carlos Reyes on taking a tech-minded approach to crypto regulation, how his agency works, and more (www.coindesk.com)
5 days ago Interview

Zero Gravity Labs, which is building a decentralized AI operating system, raised a $40M seed round and says it secured a $250M “token purchase commitment” (www.coindesk.com)
9 days ago AI Decentralize

Bitcoin touches a record-high $85K, adding almost $20K in a week; Tesla is up 7%+ today, while Meta, Apple, Nvidia, Amazon, and Microsoft are down slightly (www.coindesk.com)
11 days ago Bitcoin Amazon Microsoft Apple Tesla Nvidia

FTX sues crypto trader “Humpy the Whale” alleging margin trading market manipulation from January 2021 to September 2022, leading to FTX and Alameda losing $1B (www.coindesk.com)
11 days ago

Ethereum Foundation financial report: $970.2M in treasury as of Oct. 31, down from $1.6B in March 2022; ~80% of holdings in ETH, which declined 20%+ since 2022 (www.coindesk.com)
13 days ago Ethereum ETH

Block says it is investing less in music streaming app Tidal and winding down decentralized “Web5” venture TBD to focus on bitcoin mining and its crypto wallet (www.coindesk.com)
15 days ago Bitcoin Decentralize

Galaxy Digital signs a non-binding deal with a US-based hyperscaler company to use its 800MW of mining capacity for hosting high-performance computers (www.coindesk.com)
15 days ago

JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR (www.coindesk.com)
16 days ago Blockchain JPMorgan

As Trump nears a US election win, Polymarket, Kalshi, PredictIt, and other prediction betting markets, which heavily favored Trump, are seemingly vindicated (www.coindesk.com)
16 days ago Trump

Crypto firm Immutable says it received a Wells notice from the SEC related to the sale of its IMX tokens in 2021, accuses the SEC of “regulation by enforcement” (www.coindesk.com)
21 days ago

Tether reports Q3 net profits of $2.5B, driven by gains in its US Treasury and gold holdings and bringing YTD profit to $7.7B, as USDT market cap nears $120B (www.coindesk.com)
22 days ago

Filing: Trump's World Liberty Financial plans to raise ~$30M from investors, down from the $300M it had originally sought, after WLFI token sales fell short (www.coindesk.com)
22 days ago Trump

Glassnode data shows the number of bitcoin whales, network entities holding at least 1,000 bitcoin, has jumped to 1,678, the highest level since January 2021 (www.coindesk.com)
29 days ago Bitcoin

Stripe announces it has finalized a deal to acquire stablecoin infrastructure company Bridge; Michael Arrington says the deal was worth $1.1B (www.coindesk.com)
2024-10-22

Trump-backed World Liberty Financial crypto project gets off to a bumpy start, as its website crashes and WLFI token sales fall far short of the $300M target (www.coindesk.com)
2024-10-16 Trump

An investigation finds over a dozen crypto companies unknowingly hired IT workers, who used fake IDs and successfully navigated interviews, from North Korea (www.coindesk.com)
2024-10-3 Korea

The SEC files a notice of appeal in its Ripple case, seeking to reverse a July 2023 ruling that XRP sales on retail exchanges didn't violate securities law (www.coindesk.com)
2024-10-3 Retail XRP

The UK FCA says a man pleaded guilty to illegally operating a crypto ATM network, which processed £2.6M across various locations, as it cracks down on such ATMs (www.coindesk.com)
2024-10-1

Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement (www.coindesk.com)
2024-9-28

Coinbase launches its wrapped bitcoin, cbBTC, on the Ethereum and Base networks, supported by various DeFi services for trading, lending, and as collateral (www.coindesk.com)
2024-9-12 Bitcoin Ethereum Coinbase

Telegram radically alters its stance on “illegal” use of its platform by letting users in private chats “flag illegal content” for review by its moderators (www.coindesk.com)
2024-9-6

Docs: Trump's crypto project, World Liberty Financial, is a DeFi lending service with four members who worked on Dough Finance, a similar app hacked in July (www.coindesk.com)
2024-9-4 Trump

According to a court filing on August 30, SEC seeks a change in the FTX's bankruptcy plan and says it may challenge any distributions involving crypto assets (www.coindesk.com)
2024-9-2 Asset

As Russia plans a trial of cross-border payments using crypto, some senior Russian leaders suggest it can help counter sanctions; experts doubt it will work (www.coindesk.com)
2024-8-30 Russia

MakerDAO rebrands as Sky and debuts a new USDS stablecoin, but the token draws backlash after users noticed it allows the issuer to remotely freeze the asset (www.coindesk.com)
2024-8-28 Asset

India's central bank says its CBDC pilot has 5M+ users and as many as 16 banks participating, but it's not rushing to roll out a full-scale implementation (www.coindesk.com)
2024-8-27 India Central Bank

Crypto platform Abra agrees to settle with the SEC over claims of unregistered securities; the SEC said the Abra Earn product had almost $500M from US investors (www.coindesk.com)
2024-8-27

WazirX plans to start allowing limited Indian rupee withdrawals in two phases from August 26, after freezing them in the wake of a $230M exploit in July (www.coindesk.com)
2024-8-24 India

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