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Latest headlines from Coindesk.

How AI-Crypto Will Lead to a Hyper-Financialized Future

The convergence of the leading technologies of the age will allow us to create markets in more areas of daily lives, increasing resource efficiency and enhancing investment, says Upshot’s Nick Emmons.

https://www.coindesk.com/consensus-magazine/2024/03/04/how-ai-crypto-will-lead-to-a-hyper-financialized-future/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prometheum Taps Morgan Stanley Exec as CFO Just Before Opening Doors

Controversial crypto platform Prometheum continues to signal its seriousness about moving forward as the industry's sole U.S. special-purpose crypto broker-dealer, having now hired a chief financial o...

https://www.coindesk.com/policy/2024/03/04/prometheum-taps-morgan-stanley-exec-as-cfo-just-before-opening-doors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nigerian Parliamentary Committee Summons Binance CEO Teng: Report

Two executives of the exchange were detained last week on arrival in the country.

https://www.coindesk.com/policy/2024/03/04/nigerian-parliamentary-committee-summons-binance-ceo-teng-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

USDR Issuer Tangible Plans to Redeem Itself as a Layer-2 for Real-World Assets

First came the literal redemption for failed stablecoin USDR. Now comes the metaphorical redemption as Tangible changes its name to re.al.

https://www.coindesk.com/business/2024/03/04/usdr-issuer-tangible-plans-to-redeem-itself-as-a-layer-2-for-real-world-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Omni Network Signs $600M Restaking Deal With Ether.Fi to Enhance Security

Liquid restaking protocol Ether.Fi will commit $600 million worth of ether {{ETH}} in a delegation deal to secure the Omni Network.

https://www.coindesk.com/business/2024/03/04/omni-network-signs-600m-restaking-deal-with-etherfi-to-enhance-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Bitcoin Surpasses $65K, Meme Tokens Rally

The latest price moves in bitcoin (BTC) and crypto markets in context for March 4, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/03/04/first-mover-americas-bitcoin-surpasses-65k-meme-tokens-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bernstein Expects DeFi to Make a Big Comeback

Six out of the top ten revenue-generating protocols are DeFi applications, the report said.

https://www.coindesk.com/markets/2024/03/04/bernstein-expects-defi-to-make-a-big-comeback/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Stocks Surge as Bitcoin Approaches All-Time Highs

Bitcoin topped $65,000 for the first time since November 2021 on Monday.

https://www.coindesk.com/markets/2024/03/04/crypto-stocks-surge-as-bitcoin-approaches-all-time-highs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hong Kong's Markets Regulator Issues Warning Against Crypto Exchange BitForex

Hong Kong's regulator for securities and futures markets has warned the public about cryptocurrency exchange BitForex for suspected fraud, it announced Monday.

https://www.coindesk.com/policy/2024/03/04/hong-kongs-markets-regulator-issues-warning-against-crypto-exchange-bitforex/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Rally Leaves More Than 97% of Addresses in Profit, Blockchain Data Show

Most bitcoin addresses bought coins at prices lower than the going market rate, according to IntoTheBlock.

https://www.coindesk.com/markets/2024/03/04/bitcoin-rally-leaves-more-than-97-of-addresses-in-profit-blockchain-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin NFT NodeMonkes Sells for $1M as BTC Inches Towards $69K

Bitcoin-based collections traded more volume than Ethereum collections in the past 24 hours, which shows network adoption as bitcoin prices inch closer to highs.

https://www.coindesk.com/markets/2024/03/04/bitcoin-nft-nodemonkes-sells-for-1m-as-btc-inches-towards-69k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Tops $65K, Inches Closer to Lifetime Peak

The surge comes ahead of the anticipated halving event and rising inflows on bitcoin ETFs.

https://www.coindesk.com/markets/2024/03/04/bitcoin-tops-65k-inches-closer-to-lifetime-peak/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Pepecoin Becomes Biggest Meme Coin Gainer as DOGE, SHIB Rally Eases

Futures products tied to PEPE saw unusually large liquidations since Friday, suggesting short covering.

https://www.coindesk.com/markets/2024/03/04/pepecoin-becomes-biggest-meme-coin-gainer-as-doge-shib-rally-eases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Judge Enters Default Ruling Against Ex-Coinbase Insider, Says Secondary Market Sales are Securities Transactions

In an insider trading case involving Coinbase's former product manager Ishan Wahi, his brother Nikhil Wahi and their friend Sameer Ramani, a U.S. court ruled on March 1, 2023, that the trading of cert...

https://www.coindesk.com/policy/2024/03/04/us-judge-enters-default-ruling-against-ex-coinbase-insider-says-secondary-market-sales-are-securities-transactions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shiba Inu Rings Greed Alarm As Bitcoin Eyes Record High

Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.

https://www.coindesk.com/markets/2024/03/04/shiba-inu-rings-greed-alarm-as-bitcoin-eyes-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Taiko, an 'Ethereum-Equivalent ZK Rollup,' Raises $15M

The Taiko project, distinguished for its "based sequencing" architecture, is one of several competing for relevance among a deep field of Ethereum layer-2 networks.

https://www.coindesk.com/tech/2024/03/02/taiko-a-layer-2-blockchain-atop-ethereum-raises-15m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme Coins

Pepe (PEPE), the frog-themed meme token on Ethereum, was up as much as 100% to set record highs.

https://www.coindesk.com/markets/2024/03/02/shib-wif-climb-60-as-shorts-lose-50m-betting-against-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Floki Price Surges 100% as Burn Proposal Passes

As reported last week, the burn removes 2% of the tokens from the circulating supply.

https://www.coindesk.com/markets/2024/03/02/floki-prices-surge-100-as-burn-proposal-passes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Trump MAGA Meme Coins Are the First Experiment in 'PoliFi'

One part community, one part prediction market, the meme coin with the former president's namesake is a troll project that became serious, its marketing director told CoinDesk in an interview.

https://www.coindesk.com/markets/2024/03/02/trump-maga-meme-coins-are-the-first-experiment-in-polifi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines