BOB, a 'Hybrid' Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said.
The Benefits of Assets Tokenization
We need to start thinking of blockchains as infrastructure for financial innovation rather than concentrating on the prices of a few digital assets, like bitcoin and ether, says WisdomTree’s digital o...
U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion
Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into t...
The Enablers of Decentralized AI
AI naturally evolves as an increasingly centralized technology, and any decentralization efforts are an uphill battle. But decentralization can win in specific areas of AI development, says Jesus Rodr...
KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown
The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday.
Coinbase Loses Most of Motion to Dismiss SEC Lawsuit
A federal judge ruled the U.S. Securities and Exchange Commission (SEC) brought enough of a case arguing that Coinbase is operating an unregistered broker, exchange and clearinghouse that its suit aga...
Hopes for Another DeFi Summer Soar as TradFi Markets Suddenly Look Less Appealing
Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity.
21Shares Lists ETP for Staking Telegram-Endorsed Token TON
The 21Shares Toncoin Staking ETP (TONN) listed on Swiss SIX Exchange on Wednesday.
Crypto Chip Company Katena Wins Lawsuit Filed by Bitcoin Miner Coinmint
Crypto technology firm Katena Computing didn't trick miner Coinmint into a $150 million purchase agreement, a panel of arbitrators ruled last month in the mining company's suit against Katena and a se...
Diamonds Arrive on a Blockchain With New Tokenized Fund on Avalanche Network
The tokenization of real-world assets – or placing traditional assets onto blockchain rails – is a growing trend in crypto with global financial giants entering the space.
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
Illicit activity in the cryptocurrency ecosystem appears to have reduced, with the total illicit funds shrinking by 9% in 2023 compared to 2022, even though criminals still handled over $34 billion wo...
First Mover Americas: HSBC’s Gold Token Introduced in HK
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Mining Was More Profitable in February Than January: Jefferies
Publicly traded North American mining companies produced a smaller share of new bitcoin last month, slipping to 17.5% of the total network, the report said.
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech.
OKX Quietly Settled Regulatory 'Failings' With Malta Financial Services Authority
The $322,000 “goodwill” settlement with MFSA related to OKX’s Okcoin Europe subsidiary.
How Sam Bankman-Fried's Sentencing Hearing May Play Out
Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy...
Layer-1 Blockchain Peaq Raises $15M to Expand Its DePIN Ecosystem
Crypto market data provider Messari estimates that decentralized physical infrastructure networks could have a market value of $3.5 trillion by 2028.
Galaxy Digital Has Several Positive Catalysts in Play This Year: Canaccord
The crypto firm’s fourth quarter was solid, and commentary about the performance through the end of February was even better, the report said.
Hong Kong-Based Asset Manager VSFG and Value Partners Apply for Spot Bitcoin ETF
Asset Manager VSFG, together with its partners, Value Partners, have applied for a spot-bitcoin exchange-traded fund (ETF) with Hong Kong's Securities and Futures Commission (SFC), its Head of Investm...