Avatar
CoinDesk
347447120a7a81123f131acfd91708dd2b85aca0e6a18647c6caa95914e45736
Latest headlines from Coindesk.

Solana-Based Marketplace AgriDex Raises $5M to Tokenize Agricultural Industry

AgriDex brings agricultural commodities onto the blockchain by allowing crops to be bought on its marketplace with finalized deals backed by non-fungible tokens (NFTs).

https://www.coindesk.com/business/2024/05/09/solana-based-marketplace-agridex-raises-5m-to-tokenize-agricultural-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back

Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm's inception in 2018.

https://www.coindesk.com/business/2024/05/09/ledn-first-quarter-loans-top-690m-as-lending-market-snaps-back/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

First Mover Americas: Crypto Market Slides as Rebound Seen Delayed

The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

https://www.coindesk.com/markets/2024/05/09/first-mover-americas-crypto-market-slides-as-rebound-seen-delayed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ

A Binance team found that "VIP" clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.

https://www.coindesk.com/business/2024/05/09/binance-fired-investigator-who-uncovered-market-manipulation-at-client-dwf-labs-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Protocol Village: Gnosis Inks Strategic Partnership with Zeal, Invests $2M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 9-15.

https://www.coindesk.com/tech/2024/05/09/protocol-village/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robinhood Delivers Big Earnings Beat Driven by Booming Crypto Trading: Analysts

The positive momentum seen in the first quarter has continued, with the platform taking in a record $5 billion in deposits in April, the analysts said.

https://www.coindesk.com/markets/2024/05/09/robinhood-delivers-big-earnings-beat-driven-by-booming-crypto-trading-analysts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

VanEck's MarketVector Starts Index to Track the Largest Meme Coins

The index contains a variety of dog-themed coins and other popular meme tokens.

https://www.coindesk.com/markets/2024/05/09/vanecks-marketvector-starts-index-to-track-the-largest-meme-coins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Monthly Trading Volume Drops for First Time in Seven Months to $6.58T

Bitcoin, the leading cryptocurrency by market value, fell by nearly 15% in April, ending a seven-month winning streak.

https://www.coindesk.com/markets/2024/05/09/crypto-monthly-trading-volume-drops-for-first-time-in-seven-months-to-658t/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review

Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.

https://www.coindesk.com/policy/2024/05/09/crypto-wallet-provider-exodus-nyse-american-stock-listing-postponed-for-sec-review/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

https://www.coindesk.com/consensus-magazine/2024/05/08/kgothatso-ngako-how-i-brought-the-machankura-bitcoin-app-to-africa/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom

Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.

https://www.coindesk.com/markets/2024/05/08/crypto-markets-under-pressure-as-2b-worth-of-altcoin-token-unlocks-and-11b-bitcoin-distribution-loom/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The FCC’s Net Neutrality Ruling Is Good News for Web3 Startups

The principle of an open internet underpinned the growth of the early Web and is just as necessary now. If only the SEC could back innovation in a similar way, says Sarah Aberg, General Counsel at Nov...

https://www.coindesk.com/consensus-magazine/2024/05/08/the-fccs-net-neutrality-ruling-is-good-news-for-web3-startups/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Robinhood's Q1 Crypto Trading Volume Surged 224% as SEC Action Looms

The popular trading platform also beat first quarter revenue and earnings estimates.

https://www.coindesk.com/business/2024/05/08/robinhoods-q1-crypto-trading-volume-surged-224-as-sec-action-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

House Poised to Vote on Erasing SEC Crypto Policy While President Biden Vows Veto

The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deter...

https://www.coindesk.com/policy/2024/05/08/house-poised-to-vote-on-erasing-sec-crypto-policy-while-president-biden-vows-veto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Is an Election Issue This Year. Is That a Good Thing?

A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November.

https://www.coindesk.com/consensus-magazine/2024/05/08/crypto-is-an-election-issue-this-year-is-that-a-good-thing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Protocol: From 'Node Sales' to 'Address Poisoning,' the Money's in Crypto

In this week's issue of The Protocol newsletter, we dive into the crypto industry's fundraising method du jour – it's all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster th...

https://www.coindesk.com/tech/2024/05/08/the-protocol-from-node-sales-to-address-poisoning-the-moneys-in-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What Technical Analysis Tells Us About the Bitcoin Market

The recent downturn in BTC may have some way to travel, according to Katie Stockton, Managing Partner of Fairlead Strategies.

https://www.coindesk.com/markets/2024/05/08/what-technical-analysis-tells-us-about-the-bitcoin-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stablecoin surge: Tether's headroom for growth

The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at ...

https://www.coindesk.com/markets/2024/05/08/stablecoin-surge-tethers-headroom-for-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines