Articles from www.coindesk.com

Articles from www.coindesk.com

Fabric Cryptography, a startup working on a “verifiable processing unit” chip for cryptography, raised a $33M Series A co-led by Blockchain Capital and 1kx (www.coindesk.com)
2024-8-20 Blockchain Startup

Binance resumes services in India, after completing registration with India's Financial Intelligence Unit, which imposed a ~$2.2M fine on Binance in June 2024 (www.coindesk.com)
2024-8-16 India Intelligence

NYC-based Chaos Labs, which offers automated, on-chain risk management for DeFi protocols, raised a $55M Series A led by Haun Ventures (www.coindesk.com)
2024-8-16

Tether reports “record” net profit of $5.2B in H1 2024, net operating profit of $1.3B in Q2, and US debt holdings of $97.6B, more than countries like Germany (www.coindesk.com)
2024-8-1 Germany

At Nashville's Bitcoin 2024 conference, Trump said the US must become a leader in crypto, he will fire SEC chair Gary Gensler, stop creation of a CBDC, and more (www.coindesk.com)
2024-7-28 Trump Bitcoin

DefiLlama and Wintermute: the aggregate market cap of stablecoins crossed $164B for the first time since the collapse of Terra in May 2022; USDT is at $114.26B (www.coindesk.com)
2024-7-25

dYdX, which is reportedly exploring a sale, says v3, an older version of its DeFi crypto exchange that averages ~$1.5B/week in derivates trading, was hacked (www.coindesk.com)
2024-7-24

Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari management told him to cool it (www.coindesk.com)
2024-7-19 Immigration

Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June (www.coindesk.com)
2024-7-18 India

Partior, a blockchain-based interbank payment network backed by JPMorgan, DBS, and Standard Chartered, raised a $60M Series B led by Peak XV Partners (www.coindesk.com)
2024-7-12 Blockchain JPMorgan

Blockchain platform Polkadot faces criticism from users after spending $36M+ on marketing and outreach in H1 2024, nearly half of its total spend of $87M (www.coindesk.com)
2024-7-3 Blockchain

Sentient, an open-source AI development platform being built on Polygon, raised a $85M seed led by Founders Fund, Pantera Capital, and Framework Ventures (www.coindesk.com)
2024-7-2 AI

A US judge rules the SEC has plausibly alleged Binance, Binance.US, and Changpeng Zhao violated federal securities laws, but dismisses secondary sales charges (www.coindesk.com)
2024-6-29

The US SEC sues Consensys over its MetaMask service, alleging the wallet tool was an unregistered broker that “engaged in the offer and sale of securities” (www.coindesk.com)
2024-6-29

MegaLabs, the developer behind the Ethereum scaling protocol MegaETH that it claims is a “real-time blockchain”, raised $20M in seed funding led by Dragonfly (www.coindesk.com)
2024-6-28 Blockchain Ethereum

Bitcoin falls after a wallet tagged to the US government moved ~3,940 BTC, worth ~$240M and originally seized from a Silk Road vendor, to Coinbase Prime (www.coindesk.com)
2024-6-27 Bitcoin Coinbase

A look at the pro-crypto Fairshake super PAC, which raised $169M from Coinbase, Ripple, a16z, and more, and has backed 20+ US congressional primary wins in 2024 (www.coindesk.com)
2024-6-27 Coinbase

ORA, a blockchain project to incorporate AI into decentralized apps, raised a $20M Series A from Polychain, HF0, HashKey Capital, and others (www.coindesk.com)
2024-6-27 Blockchain AI Decentralize

Crypto investment app Abra and CEO William Barhydt settle with 25 US states for operating without proper licenses and will return up to $82.1M to US customers (www.coindesk.com)
2024-6-27

Nigeria drops tax evasion charges against Binance executives Tigran Gambaryan and Nadeem Anjarwalla, who still face money laundering charges (www.coindesk.com)
2024-6-15 Tax Nigeria

The US charges three UK nationals with wire fraud and money laundering in connection with a ~$3M NFT rug pull scam known as Evolved Apes in 2021 (www.coindesk.com)
2024-6-7

NY AG sues crypto companies AWS Mining and NovaTechFX for allegedly operating pyramid schemes that targeted Haitian immigrants and bilked investors out of $1B+ (www.coindesk.com)
2024-6-7 Immigration

Core Scientific rejects CoreWeave's $1B buyout offer, worth $5.75 per share, saying the deal undervalues the company; CORZ had jumped ~40% on the buyout news (www.coindesk.com)
2024-6-6

English soccer team Watford is offering 10% digital equity in the club to investors and fans via Republic's investment platform Seedrs, aiming to raise £17.5M (www.coindesk.com)
2024-6-4 Equity

Coinbase says it has donated another $25M to the pro-crypto Fairshake SuperPAC; Fairshake has raised ~$161M for 2024's US election from a16z, Ripple, and others (www.coindesk.com)
2024-6-4 Coinbase

In a risk assessment, the US Treasury says NFTs are “highly susceptible to use in fraud and scams” and NFT platforms lack controls to combat money laundering (www.coindesk.com)
2024-5-30

Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors (www.coindesk.com)
2024-5-28 Bitcoin

Q&A with Taiwan's ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft's internal economist Glen Weyl (www.coindesk.com)
2024-5-23 Taiwan Microsoft

Farcaster, a blockchain-based social media project built on Ethereum, raised $150M in a round led by Paradigm and says it has 350K paid sign-ups (www.coindesk.com)
2024-5-22 Blockchain Ethereum

Grayscale CEO Michael Sonnenshein resigns, to be replaced by the head of strategy for asset and wealth manager at Goldman Sachs, Peter Mintzberg, on August 15 (www.coindesk.com)
2024-5-21 Goldman Asset

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