Avatar
CoinDesk
347447120a7a81123f131acfd91708dd2b85aca0e6a18647c6caa95914e45736
Latest headlines from Coindesk.

Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App 'Kiosk'

Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror's team to operate as an independent company focused exclusively on social media.

https://www.coindesk.com/tech/2024/05/02/web3-publishing-platform-mirror-sells-to-paragraph-pivots-to-social-app-kiosk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Miner Stronghold Looking at Options, Including Sale of Company

The miner is looking at options including sale of all or part of the company and other strategic transactions.

https://www.coindesk.com/business/2024/05/02/bitcoin-miner-stronghold-looking-at-options-including-sale-of-company/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: Polyhedra Says Open-Source ZK Proof System 'Expander' 2x Faster Than Alternatives

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

https://www.coindesk.com/tech/2024/05/02/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Nigeria Money Laundering Trial Delayed to May 17, Gambaryan Family Spokesperson

Binance's lawyer needed more time to look at evidence, outlets reported.

https://www.coindesk.com/policy/2024/05/02/binance-nigeria-money-laundering-trial-delayed-to-may-17-gambaryan-family-spokesperson/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout

The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/02/first-mover-americas-btc-stabilizes-around-58k-following-yesterdays-rout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin’s Volatility Is Falling and This Will Continue as It Matures: Fidelity

The cryptocurrency is already showing signs of maturity as its volatility drops to all-time lows on a yearly scale, the report said.

https://www.coindesk.com/markets/2024/05/02/bitcoins-volatility-is-falling-and-this-will-continue-as-it-matures-fidelity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

BlackRock Sees Sovereign Wealth Funds, Pensions Coming to Bitcoin ETFs

The asset manager has been helping educate pension funds, endowments and sovereign wealth funds about the new spot bitcoin ETF products, the firm's head of digital assets said.

https://www.coindesk.com/business/2024/05/02/blackrock-sees-sovereign-wealth-funds-pensions-coming-to-bitcoin-etfs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin 'Call Writing' Back in Vogue as Cash And Carry Strategy Loses Shine

Recently, traders have sold $80,000 BTC call options expiring at the end of May to generate additional yield, one observer said.

https://www.coindesk.com/markets/2024/05/02/bitcoin-call-writing-back-in-vogue-as-cash-and-carry-strategy-loses-shine/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former FTX Europe Head Pays $1.5M for Gold Watch Recovered From Titanic: WSJ

Patrick Gruhn, the former head of FTX Europe, has paid nearly $1.5 million for a gold pocket watch recovered from the body of the Titanic’s richest passenger, The Wall Street Journal has reported.

https://www.coindesk.com/business/2024/05/02/former-ftx-europe-head-pays-15m-for-gold-watch-recovered-from-titanic-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail

Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 ...

https://www.coindesk.com/policy/2024/05/02/rabotnik-affiliate-of-ransomware-group-revil-sentenced-to-13-years-in-jail/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Bitcoin ETFs Bleed Record $563M Even as Fed's Powell Rules Out Rate Hike

Fidelity's FBTC, not GBTC, let outflows on Wednesday in what may be an alarming development for the bulls.

https://www.coindesk.com/markets/2024/05/02/us-bitcoin-etfs-bleed-record-563m-even-as-feds-powell-rules-out-rate-hike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CZ’s Trial Proves it Pays to Cooperate

His four-month sentence was vindication for the Binance founder’s legal strategy.

https://www.coindesk.com/consensus-magazine/2024/05/02/czs-trial-proves-it-pays-to-cooperate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: EigenLayer's 'Intersubjective Forking' Is Objectively Not Done

Much-hyped restaking project EigenLayer's 43-page whitepaper about its now-revealed EIGEN token has raised lots of questions. They may not matter initially, because much of the promised functionality ...

https://www.coindesk.com/tech/2024/05/01/the-protocol-eigenlayers-intersubjective-forking-is-objectively-not-done/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Federal Reserve Holds Policy Steady, Says Progress on Inflation Has Stalled

Hopes for a series of interest rate cuts in 2024 have been quickly vanishing over the past few weeks as both the economy and inflation exhibit unexpected strength.

https://www.coindesk.com/business/2024/05/01/federal-reserve-holds-policy-steady-says-progress-on-inflation-has-stalled/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

‘Sell in May and Go Away’: The Seasonality of Crypto-asset Returns

The summer months, between June and September, have historically brought significantly lower investor returns than other months of the year, says André Dragosch, head of research at ETC Group.

https://www.coindesk.com/markets/2024/05/01/sell-in-may-and-go-away-the-seasonality-of-crypto-asset-returns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An ETH ETF Wouldn’t Deliver Full-Returns to Investors

An SEC approval for spot ETH ETFs looks unlikely but even if the SEC approves exchange traded funds for Ether, investors should learn about total return ETH investment products. That way, they can gai...

https://www.coindesk.com/business/2024/05/01/an-eth-etf-wouldnt-deliver-full-returns-to-investors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

RWA Tokenization Firm Securitize Raises $47M Led by Fund Partner BlackRock

BlackRock and Securitize last month teamed up to create the BlackRock USD Institutional Digital Liquidity Fund, which may prove to be geared toward RWA tokenization.

https://www.coindesk.com/business/2024/05/01/rwa-tokenization-firm-securitize-raises-47m-led-by-fund-partner-blackrock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin Could Drop Further to as Low as $50K, Standard Chartered Says

The cryptocurrency is now trading below the average spot ETF purchase price of about $58K, and this could trigger liquidations, the report said.

https://www.coindesk.com/business/2024/05/01/bitcoin-could-drop-further-to-as-low-as-50k-standard-chartered-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines