As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'
He likened FTX's Sam Bankman-Fried to Luke Skywalker and Binance's Changpeng Zhao to Darth Vader. Federal judges saw it differently.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for May 1, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Restaking 'Gold Rush' Spreads to Solana From Ethereum, With Jito and Others Joining In
Restaking has taken hold of the Ethereum ecosystem. With Jito and a handful of other companies building for Solana, can the trend spread?
Crypto Was One of the Biggest Money Laundering Risks in 2022-2023: UK Gov Report
Between 2022 and 2023 Crypto alongside retail banking, wholesale banking and wealth management posed the greatest risk of being exploited for money laundering, a report by the U.K. Treasury department...
Bitcoin Sinks Below $58K, Crypto Market Drops 9% in Run-Up to Fed Decision
BTC is down nearly 9% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.
How CZ's 'Good Guy' Reputation Secured 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart.
Bitcoin Tumbles Below $60K, Risking Deeper Pullback as Crypto Markets Endure Worst Month Since FTX Crash
Recent U.S. economic data could prompt more hawkish forward guidance from the Federal Reserve.
House's McHenry Accuses SEC Chief Gensler of Misleading Congress on Ethereum
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has been accused of misleading Congress by Rep. Patrick McHenry, the chairman of the House Financial Services Committee, who said Gensl...
Why Eigenlayer’s Airdrop Is Controversial
Although it’s actually conservative.
Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again
Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that...
Ether Holds Up Despite Correction in CoinDesk 20: CoinDesk Indices Market Update
All 20 assets in the gauge posted declines over the past week, led by Solana, Cardano, and Aptos.
Distilling the Tornado Cash and Samourai Suits
There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing servi...
Crypto’s Transition: Bringing Capital Onshore
Today, offshore firms dominate the list of the biggest cryptocurrency exchanges. Expect the center of gravity to come onshore going forward, says Paul Brody, head of blockchain at EY.
Paradigm Special Counsel Has Left the Crypto-Focused VC Firm
Rodrigo Seira has rejoined Cooley LLP, the law firm where he worked previously, according to his LinkedIn profile.
‘It's Modding, But on Steroids’: Mark Long on the Future of Web3 Gaming
Shrapnel, a blockchain-infused first-person shooter game, is expected to be released in 2025. Its creator gives a preview to Jeff Wilser ahead of his appearance at Consensus 2024.
BlackRock's BUIDL Becomes Largest Tokenized Treasury Fund Hitting $375M, Toppling Franklin Templeton's
BlackRock's first tokenized offering, created with Securitize, has captured almost 30% of the $1.3 billion tokenized Treasury market in just six weeks.
Binance Founder Changpeng Zhao to Appear in Court Today for Sentencing
Binance founder and former CEO Changpeng "CZ" Zhao will learn how much time, if any, he'll spend in prison Tuesday.
Web3 in the Middle East: Do All Roads Lead to Riyadh?
With a young population, enormous government funding and the hope of favorable regulation, expectations are high that Saudi Arabia will become a hub for crypto in the Middle East. But will the hype ma...