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‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools
11.5.2023
PEPE token has dropped 63% since last week, when it reached a $1.8 billion market capitalization after a staggering rally
Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork
11.5.2023
The next major upgrade for the blockchain will include “proto-danksharding,” though developers are still deciding what else to include in the hard fork
What’s the Reality of Crypto in Crime?
11.5.2023
The DOJ's Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain?
The White House’s Bitcoin Mining Tax Undermines Itself
11.5.2023
Imposing a levy on mining in the U.S. will send the industry overseas, increasing emissions while depriving the grid of a useful form of “demand response,” says Nic Carter
Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena
11.5.2023
Thursday's reported first-quarter earnings from miners were a mixed bag
PEPE Token Continues Downward Spiral, Registers 60% Drop From All-Time High
11.5.2023
The meme-based token pepe (PEPE) has experienced a 14.9% decline against the U.S. dollar over the last 24 hours, continuing its downward trend from the last five days. Thus far, PEPE has seen a 60% drop in value from its all-time high on May 5. Rival Meme Tokens Challenge PEPE’s Dominance...
IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly
11.5.2023
The U.S. Internal Revenue Service and crypto investigations company Chainalysis are working with Ukraine to target Russian oligarchs using crypto to evade sanctions
Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully
11.5.2023
Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector
Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools
11.5.2023
The company will use the money to educate Web3 developers and supply them with tools to streamline their work
EMCO Network Unleashes Blockchain’s Potential for Precious Metal Industry and Financial Inclusion
11.5.2023
PRESS RELEASE. EMCO Network, a pioneering Defi project, is set to revolutionize the digital and financial landscapes by leveraging its unique blend of real-world experience in precious metals and artificial intelligence sectors. Addressing the challenges faced by users from low socio-economic...
Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter
11.5.2023
The crypto exchange set off a kerfuffle by describing the Pepe the Frog meme as having been co-opted as a hate symbol by alt-right groups
CoinDesk Turns 10 – 2020: The Rise of the Meme Economy
11.5.2023
As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series
Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long
11.5.2023
The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners
Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3
11.5.2023
Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence
Biggest Movers: LTC Above $80.00, Moving Away From 6-Week Low
11.5.2023
Litecoin was back above $80.00 on Wednesday, as the token climbed away from a recent six-week low. Today’s rise in price sees the cryptocurrency surge for a third straight day, despite recent market volatility. Cardano was also marginally higher. Litecoin (LTC) Litecoin (LTC) jumped back...
BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says
11.5.2023
BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender
Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1
11.5.2023
The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022
Music Albums as an Asset Class
11.5.2023
The tokenization of music and the ability to create unique digital content means that music albums can now be viewed as an asset class, providing a new investment opportunity for clients of financial advisors
Bitcoin Network Starts to Clear Congestion, Onchain Fees Drop by 90%
11.5.2023
On May 7, 2023, the Bitcoin network was plagued with an overwhelming 500,000 unconfirmed transactions, causing a major bottleneck in the system. However, the good news is that the congestion has been clearing, resulting in a significant reduction in onchain fees, which have now dropped below $5....
Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro
11.5.2023
Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents