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Latest headlines from Coindesk.

Bitcoin Miner Marathon's Shares Outperform Peers Ahead of Possible 'Strong' Earnings Report

The miner is expected to report a "strong acceleration in Q/Q revenue growth" due to a rally in bitcoin prices, said a Jefferies analyst.

https://www.coindesk.com/business/2024/02/28/bitcoin-miner-marathons-shares-outperform-peers-ahead-of-possible-strong-earnings-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mt. Gox: What We Still Don’t Know 10 Years After the Collapse

To commemorate the 10th anniversary of the collapse of bitcoin exchange MtGox, Mark Hunter, author of “Ultimate Catastrophe: How MtGox Lost Half a Billion Dollars and Nearly Killed Bitcoin,” tackles t...

https://www.coindesk.com/consensus-magazine/2024/02/28/mt-gox-what-we-still-dont-know-10-years-after-the-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Nigeria Moved $26B Worth of Untraceable Funds in 2023, Central Bank Chief Says: Reports

The country's facing a crippling foreign exchange crisis and looking for ways to limit capital outflows, including via crypto.

https://www.coindesk.com/policy/2024/02/28/binance-nigeria-moved-26b-worth-of-untraceable-funds-in-2023-central-bank-chief-says-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Liquid Restaking Protocol Ether.Fi Raises $23M Series A

Liquid restaking protocol ether.fi has raised $23 million in a Series A round led by Bullish Capital and CoinFund.

https://www.coindesk.com/business/2024/02/28/liquid-restaking-protocol-etherfi-raises-23m-series-a/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Finance Protocol Usual Introduces Stablecoin Backed by Real-World Assets

Profits are redistributed to the community by rewarding token holders with yields.

https://www.coindesk.com/tech/2024/02/28/finance-protocol-usual-introduces-stablecoin-backed-by-real-world-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ark and 21Shares to Disclose Spot Bitcoin ETF Reserves Via Chainlink Integration

Asset managers Ark Invest and 21Shares have taken a step towards more transparency of their ARK 21Shares Bitcoin ETF (ARKB) by integrating Chainlink’s proof of reserves to bring reserve data on the Av...

https://www.coindesk.com/business/2024/02/28/ark-and-21shares-to-disclose-spot-bitcoin-etf-reserves-via-chainlink-integration/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Political Operation Targets California's Katie Porter by Undermining Her Base

A leading crypto industry political operation, Fairshake, is trying to ensure that the U.S. Senate doesn't get a twin for its chief Washington antagonist Sen. Elizabeth Warren (D-Mass.) by trying to c...

https://www.coindesk.com/policy/2024/02/28/crypto-political-operation-targets-californias-katie-porter-by-undermining-her-base/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Pushes Through $60K for First Time Since November 2021

The rally continued Wednesday as the spot ETFs continued to see massive inflows of fresh money.

https://www.coindesk.com/business/2024/02/28/bitcoin-pushes-through-60k-for-first-time-since-november-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Solana Veterans Raise $17M For 'Backpack' Crypto Wallet, Exchange

Armani Ferrante's and Tristan Yver's startup raised the funds at a $120 million valuation.

https://www.coindesk.com/business/2024/02/28/solana-veterans-raise-17m-for-backpack-crypto-wallet-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: PEPE, Not BTC, Is The Top Trending Token

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 28, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/02/28/first-mover-americas-pepe-not-btc-is-the-top-trending-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Telegram to Share Ad Revenue Via Ton Blockchain; TON Soars 18%

The Telegram Ad network will open to advertisers in March, founder Pavel Durov said in a broadcast on his official channel.

https://www.coindesk.com/markets/2024/02/28/telegram-to-share-ad-revenue-via-ton-blockchain-ton-soars-18/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Stocks Rise as Bitcoin Plows Through $59K for First Time Since 2021

Gains among exchange-traded funds were led by BlackRock's IBIT.

https://www.coindesk.com/markets/2024/02/28/crypto-stocks-rise-as-bitcoin-plows-through-59k-for-first-time-since-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stacks Creator Ali Calls Bitcoin 'Apex Predator' as Development Flourishes on OG Blockchain

Muneeb Ali, the co-creator of Stacks and Princeton-educated computer scientist who's now CEO of the Bitcoin-focused development firm Trust Machines, spoke with CoinDesk's Jenn Sanasie on the flurry of...

https://www.coindesk.com/tech/2024/02/28/stacks-creator-ali-calls-bitcoin-apex-predator-as-development-flourishes-on-og-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Traders Hedge Bitcoin Rally After 40% Rise in 4 Weeks, Options Data Show

Some traders have started buying puts to protect against a potential sharp decline, according to Greeks.Live.

https://www.coindesk.com/markets/2024/02/28/crypto-traders-hedge-bitcoin-rally-after-40-rise-in-4-weeks-options-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Surges Above $59K as Bull Rally Continues

The “fear and greed” index reading is now at 87, a sign of “extreme greed.”

https://www.coindesk.com/markets/2024/02/28/bitcoin-surges-above-59k-as-bull-rally-continues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Custodian Finoa Offers Centrifuge’s Tokenized T-Bill Fund

Tokenized assets pioneer Centrifuge is linking its BVI-regulated Anemoy fund to Finoa’s 300-plus crypto institutions.

https://www.coindesk.com/business/2024/02/28/crypto-custodian-finoa-offers-centrifuges-tokenized-t-bill-fund/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Falling Bitcoin-Ether Spread is Music to Altcoin Traders' Ears

The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve, one analyst said.

https://www.coindesk.com/markets/2024/02/28/falling-bitcoin-ether-spread-is-music-to-altcoin-traders-ears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Bulls Target $69K Lifetime Highs Ahead of Halving

An expected pre-halving rally is a good spot to realize short-term profits, one market observer said.

https://www.coindesk.com/markets/2024/02/28/bitcoin-bulls-target-69k-lifetime-highs-ahead-of-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi

Warren reiterated her disdain for the industry in an interview.

https://www.coindesk.com/policy/2024/02/28/senator-warren-hits-out-at-crypto-again-says-industry-needs-to-follow-the-same-rules-as-tradfi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sam Bankman-Fried Asks Court to Cut Prison Time to 63-78 Months

Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing s...

https://www.coindesk.com/policy/2024/02/28/sam-bankman-fried-asks-court-to-cut-prison-time-to-63-78-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines