The Crypto Vibe Shift
Surveying the small, telltale signs that the market is back. But what’s different this time?
Liquid Restaking Protocol Puffer Rakes in $1B in Deposits in Just 3 Weeks
Liquid restaking protocols are seeing ample demand from users as speculation mounts over potential applications for the Ethereum restaking juggernaut EigenLayer, and the prospects for rewards paid out...
Stellar Starts Phased Rollout of 'Soroban' Smart Contracts
The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found...
U.S. Bans Crypto Addresses Tied to LockBit Ransomware Group From Financial System
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.
Galaxy Digital Stock Started at Buy at Canaccord
The investment bank said that the company represents one of the most diversified ways to play digital assets.
Mastercard’s Latest Crypto Loyalty Scheme Aims to Plug Google Pay Gaps
Mastercard is working with emerging markets-focused mobile payments app Swoo Pay to offer loyalty rewards in cryptocurrency.
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets.
Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement
The price of ether, the native token to the Ethereum network, rose past $3,000 for the first time since April 2022 on Monday, continuing a recent hot streak.
South Korea’s Ruling and Opposition Parties Make Crypto-Related Poll Promises Ahead of Elections
South Korea’s ruling political party and its opposition party are making poll promises related to crypto ahead of the national elections later this year scheduled for April 10.
Australians More Likely to Invest in Spot Bitcoin ETFs After U.S. Approval: Study
The U.S. approval of spot bitcoin exchange-traded funds (ETFs) appears to have had a significant positive impact on the view Australians hold of both cryptocurrencies and bitcoin.
First Mover Americas: Ether Flirts With $3K
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Options Trader Takes $20M Bet to Hedge Against Prices Dropping to $47K
The strategy provides a hedge against a potential bitcoin price pullback to $47,000 and costs over $20 million, according to crypto block trading service provider Greeks.Live.
Liquid Restaking Tokens or 'LRTs' Revived Ethereum DeFi. Can the Hype Last?
New liquid restaking platforms like Puffer and Ether.Fi have attracted billions of dollars in deposits, but they've birthed a speculative "points" frenzy that carries some risks.
Starknet Token STRK Begins Trading at $5 After Mammoth Airdrop
Starknet distributed 728 million tokens to around 1.3 million addresses in what is being dubbed as the largest airdrop of the year.
DeFi Platform Earning Yield by Shorting Ether Attracts $300M on First Day
Ethena offers a 27% annualized reward to holders of its USDe stablecoins, a yield mostly generated by shorting ether futures.
Bitcoin Order Books Are Most Liquid Since October as Market Depth Nears $540M
Order book liquidity indicates how easy it is to buy and sell large quantity at stable prices.
UK Minister Expects Stablecoin and Staking Legislation Within Six Months: Bloomberg
UK Economic Secretary to the Treasury Bim Afolami has said the UK government was "pushing very hard" to bring legislation for stablecoins and staking services for crypto assets within six months, acco...
Swiss Crypto Hedge Fund Tyr Capital Clashes With Client Over FTX Exposure: FT
Tyr investor TGT has brought claims against the hedge fund that it ignored several warnings over its ties with FTX.
Where Coinbase Canada Goes, so Does the World
Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.
Craig Wright Witness Defends Saying Headed for ‘Train Wreck’ With COPA Trial
Stefan Matthews said the damning message referred to poor trial prep and not Wright’s claims to being Bitcoin inventor Satoshi Nakamoto.