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Insider at Solana's Cypher Protocol Admits to Stealing $300K
14.5.2024
Core contributor Hoak blamed his actions on a "crippling gambling addiction."
The Hard Truths and Worrying Consequences of the Tornado Cash Verdict
14.5.2024
Vitalik Buterin's Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews
14.5.2024
After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
14.5.2024
The crypto industry is throwing its weight around in Washington in hopes of influencing the upcoming U.S. elections, spending an unprecedented amount of money to get crypto-friendly candidates elected and educate lawmakers – all in hopes of finally getting a friendly regulatory framework for crypto...
DeFi Lender Liquity Unveils New Stablecoin With User-Set Borrowing Rates in White Paper
14.5.2024
Liquity V2 will allow borrowers to set their borrowing costs, a novel approach in DeFi, and pays the lion's share of protocol revenues back to liquidity providers
'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
14.5.2024
A new feature from Colony Lab, a developer and project incubator in the Avalanche blockchain ecosystem, called "liquid vesting," lets users sell their tokens before their vesting period is over
State of Wisconsin Buys Nearly $100M Worth of BlackRock Spot Bitcoin ETF
14.5.2024
The U.S. state of Wisconsin purchased 94,562 shares of the BlackRock’s iShares Bitcoin Trust (IBIT) in the first quarter of the year, a filing shows. The shares are worth nearly $100 million
Peter Thiel's Founders Fund, Vitalik Buterin Back $45M Investment in Polymarket
14.5.2024
The series B funding round comes during a breakout year for the crypto-based prediction market platform, and brings its total funding close to $75 million
'CryptoDad' Giancarlo Joins Paxos Board
14.5.2024
Paxos has added J. Christopher Giancarlo, a former chairman of the U.S. Commodity Futures Trading Commission who has been a public advocate for the cryptocurrency sector, to its board of directors, the company told CoinDesk
RWA Platform Re Debuts Tokenized Reinsurance Fund on Avalanche with $15M Commitment from Nexus Mutual
14.5.2024
The aims to broaden access to the $1 trillion reinsurance industry, making it more efficient and transparent with blockchain technology
First Mover Americas: Bitcoin Dips Below $62K Ahead of U.S. Inflation Figures
14.5.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for May 14, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison by Dutch Court
14.5.2024
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto
GameStop Rally Sends Meme Coins Skywards; PEPE, FLOKI, MOG Surge
14.5.2024
“Roaring Kitty is living proof that retail can mog (outperform) institutions at the highest level,” one meme coin developer said
Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction
14.5.2024
User activity has plunged after a hyped run-up to the start of the Runes protocol , which was expected by some to mirror Solana’s meme coin ecosystem
Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans
14.5.2024
The U.K.'s expected election this year shouldn't affect the country's efforts to regulate cryptocurrency much, industry observers say
Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market
14.5.2024
Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week
Paradigm Unveils 'Block Trading' Facility for MATIC, SOL, XRP Options
14.5.2024
Crypto OTC liquidity network Paradigm on Monday announced a block trading facility for linear options tied to MATIC, SOL and XRP. Trades facilitated by Paradigm will be submitted to Deribit for execution and clearing
Coinbase Reports System-Wide Outage
14.5.2024
The crypto exchange's website is currently unavailable and responds with a 503 error
Indian Crypto Exchange CoinDCX’s DeFi Arm Okto to Launch Blockchain and OKTO Token
14.5.2024
Indian crypto exchange CoinDCX has expanded what started as the Okto wallet into an Okto ecosystem, which will include launching a blockchain and a token soon, and a points program starting Tuesday, to give global users a single-click mobile experience while traversing the Web3 space,...
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base
13.5.2024
President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security