Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was ...

  We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game!Go to Alpha ReportsBitcoin is front and center again, and orange coin lovers everywhere have plenty to be ...

Dogecoin (DOGE) enthusiasts and traders are at a crossroads. The popular meme-inspired cryptocurrency exhibits mixed signals, leaving its future uncertain.After printing a notable bullish candlestick last month, DOGE kicked off April on a subdued note, prompting speculation among ...

Dominant decentralized oracle provider Chainlink has launched an app that enables the cross-chain transfer of cryptocurrencies. Called Transporter, the app will allow the transfer of tokens across the Arbitrum, Avalanche, Base, BNB Chain, Ethereum, Optimism, Polygon, and WEMIX networks. ...

Solana has become the center of the DeFi world in recent weeks, between meme coins and buzzy tokens like Wormhole, Jupiter, and Tensor, pushing decentralized exchange trading volume on the chain to an all-time high in March. But the network now appears to be falling victim to its own success. ...

Labs has received a warning that federal regulators will bring a lawsuit against it, the protocol's founder said Wednesday on X. The Securities and Exchange Commission sent Uniswap Labs, the organization that developed the eponymous decentralized finance (DeFi) protocol, received a Wells ...

The daily net outflow from Grayscale Investments’ spot bitcoin exchange-traded fund (GBTC) hit its record low of $17.5 million on Wednesday, according to data from SosoValue.  GBTC saw combined net outflows of over $450 million on Monday and Tuesday, with its cumulative outflows in the past ...

The SEC has put brakes on key Bitcoin-focused investments such as Bitwise Bitcoin ETF and Grayscale BTC Bitcoin Trust, signaling a meticulous approach to assessing NYSE American LLC’s innovative rule amendment proposal. Established on February 9, 2024, the proposed changes aim to authorize ...

The world’s oldest and largest cryptocurrency broke below the $69,000 level today, and many retail investors, according to a Deutsche Bank Research survey, think it will be even lower by year-end. Bitcoin To $20,000? Respondents to a Deutsche Bank survey are bearish on Bitcoin’s price, with ...

Saga, a new layer-1 blockchain network designed to let creators launch their own layer-1 chains, launched its mainnet early Tuesday, alongside its SAGA token that was first listed on major cryptocurrency exchange Binance. The rollout comes following a record-breaking Binance Launchpool ...

Binance CEO Richard Teng said the exchange is speaking to a few jurisdictions regarding the selection of a headquarters but has not yet made a decision. "The thinking behind corporate governance is not as easy as just naming 'oh, I want to pick this country'. There's a lot of considerations ...

In a fascinating development within the decentralized finance (DeFi) industry, Aave, a leading decentralized lending platform, is said to be close to the conclusion of a revolutionary operational change. Through a recent X post, the founder of the Aave Chan, Marc Zeller, hinted that the ...

  We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game!Go to Alpha ReportsBitcoin (BTC) isn’t the only asset up big today: crypto stocks are doing very well too.  ...

Ripple CEO Brad Garlinghouse said the entire cryptocurrency market capitalization will likely double by the end of 2024, according to a CNBC report on Sunday. The current global crypto market cap stands at around $2.59 trillion, CoinMarketCap data showed. Garlinghouse told CNBC that he is ...

It was when attending a weekly London meetup I used to organize that I first heard people passionate about Luna and UST. The coin just kept going up, they said, and UST was being used by citizens in South Korea to pay for groceries, they claimed. At the time, I was skeptical, to say the least. ...

As a nation with an active cryptocurre­ncy market, South Korea finds itself navigating policy de­cisions surrounding Bitcoin exchange-traded funds (ETFs) amidst upcoming parliame­ntary elections on April 9th, 2024. The two major political partie­s present diverge­nt stances, vying for voter ...

There’s clear interest in the upcoming token for the Saga layer-1 blockchain network, just days ahead of next week’s listing. In fact, Binance customers have already broken a record for the most cryptocurrency staked to earn SAGA token rewards via the crypto exchange’s Launchpool campaign ...

Ripple is making waves again, this time with its foray into the stablecoin realm; the company has announced plans to unveil a stablecoin of its own which will be a digital asset pegged to the US dollar at 1:1 ratio. This move is set to fill the gap between traditional finance and the emerging ...

Crypto analysts have predicted that ETFSwap ($ETFS), Dogecoin (DOGE), and Cardano (ADA) are tokens that are very likely to enjoy considerable gains in this crypto bull run. Therefore, it is no surprise that crypto whales are rushing to accumulate as much Dogecoin (DOGE), Cardano (ADA), and ...

The cryptocurrency market is witnessing an increase­ in altcoin activity, with many altcoins are­ experiencing significant price­ rises. This upward trend had sparked spe­culation about a potential repeat of the­ historic rally witnessed in 2021, whe­n altcoin valuations soared to record ...

Bitcoin BTC +0.13% gained on Friday alongside major equity indices after a robust U.S. jobs report indicated the domestic economy is strong. However, the report also cast uncertainty over a forthcoming cut in interest rates. The world's largest cryptocurrency by market capitalization ...

Bulgarian national Irina Dilkinska has been sentenced to four years in prison by the Southern District of New York court for her role in the infamous OneCoin cryptocurrency scheme. As the project’s Head of Legal and Compliance, Dilkinska was expected to uphold the law. Instead, she engaged in ...

Sony Bank, the banking arm of the Japanese gaming and entertainment conglomerate, has started a proof-of-concept to issue its own stablecoin pegged to fiat currency, a Nikkei report stated. The trial is set to occur on the Polygon MATIC -0.10% blockchain. Due to the advantages of reduced ...

The sizzling summer heat is just the tip of the melting iceberg when it comes to Paraguay's crypto conundrum. As temperatures soar and air conditioners run at full throttle, the country's power grid is on the ropes, struggling to keep the lights on amidst a surge in electricity demand. The hot ...

In the fast-changing world of cryptocurrency investments, the well-known crypto analyst Altcoin Sherpa has recently posted on the social media platform X with his opinions about the future outlook of Solana (SOL). Having an eye for the trends and an analytical mind to investment strategies, ...

The average crypto portfolio is up by $2,804 so far this year, according to a study by cryptocurrency tax software platform CoinLedger. The unrealized average gains in 2024 contrast the $887.60 realized gains the average crypto investor made throughout 2023. The figure marks a continued ...

There’s good reason to believe the enigmatic Shiba Inu meme coin founder “Ryoshi” is sitting on 10% of the total SHIB supply, despite repeatedly claiming to own no SHIB tokens. It might even be more accurate to say they own 17% of the supply, considering that 41% of the tokens had been burned ...

Ark Invest 21Shares’ ARKB fund saw net outflows of $87.5 million on Tuesday, the highest since its debut, according to data from SoSoValue.  The amount surpasses outflows seen from Grayscale’s GBTC, which recorded $81.9 million on the same day. Just on Monday, ARKB experienced net outflows for ...

The Ethereum (ETH) price has expe­rienced a substantial decline­, plunging below the critical $3,400 support leve­l. This bearish trend has sparked appre­hension among investors and market analysts alike­, with some forecasting a potential furthe­r correction in the imminent future­....

Shiba Inu, the world’s second-largest meme coin, has risen to prominence on India’s top exchanges, surpassing Bitcoin (BTC) in trading activity.This surge in Shiba Inu’s popularity comes amidst a growing trend among Indian crypto investors to favour alternative cryptocurrencies over ...

After a powerful run in recent weeks, the crypto markets are bleeding red today. But Bitcoin isn't the only coin suffering: some of the biggest 24-hour losers now are meme coins and tokens after rallying big time last week. Over the past day, Solana-based Bonk has shed over 12% of its value, ...

Dogecoin has seen a downturn following its recent peak, coinciding with Bitcoin’s inability to maintain its position and undergoing a significant drop in value, resulting in market uncertainty. DOGE, closely mirroring BTC’s trajectory, retraced and fell from pivotal levels, yet it ...

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was ...

Global digital asset exchange Crypto.com is launching its retail trading services in South Korea on April 29, according to its announcement on Tuesday.  Crypto.com’s South Korean trading platform will fill in the spot of locally licensed crypto exchange OK-BIT, which said it is winding down ...

Shiba Inu ended Q1 with remarkable burn statistics and notable market activity. Data from Shibburn revealed that over 5 billion SHIB tokens were incinerated across 217 transactions in March, with a monthly burn rate of 2330%, resulting in a significant reduction in the token’s supply. The ...

In the recent past, DeFi was defined by a kind of tribalism as blockchain networks competed to entice developers to build in their ecosystem. While this competition has certainly continued, factionalism has gradually given way to fraternity as cross-chain interoperability solutions have come ...

Degen Chain, a new layer-3 blockchain, has attracted significant attention and transactional volume since its introduction on Thursday. Its native DEGEN token has zoomed 500% since its release. The network does not have a supported stablecoin and primarily housed speculative tokens ...

In a surprising turn of events, Larry Fink, the CEO of BlackRock, has shared unexpected enthusiasm for Bitcoin’s long-term potential. This newfound bullishness comes right after BlackRock’s spot Bitcoin exchange-traded fund (ETF) IBIT surpassed $17 billion in Bitcoin holdings. IBIT’s ...

Illuvium is a sci-fi fantasy NFT gaming IP with four games in development: Illuvium Arena, Overworld, Zero, and Beyond. While each of these titles are separate games, they do offer some interoperability and cross-game rewards. The Illuvium team has also released its own Ethereum ERC-20 token, ...

In the realm of cryptocurrency, Bitcoin’s path during its halving cycles is a story of regular rhythms in a turbulent market. The study on the mechanics of the Bitcoin halving event that reduces the reward for mining of new blocks by half—leads to the occurrence of interesting patterns ...

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How could Roman Storm conspire with criminals if he relinquished control of Tornado Cash before the criminal conduct occurred? How could Tornado Cash be considered a money-transmitting business if it never charged a fee? And isn't writing code protected speech under the First Amendment anyway? ...

"Jacob Vespers does not exist to our knowledge." Fake News Is anything ever normal in the AI industry?A doozy of a scoop by the newsletter Nongaap Investing and extensively followed up by Business Insider certainly makes us wonder. The gist is that for a period of time in 2023, the person ...

In the crypto world, envisioning price movements can often feel like navigating uncharted waters. However, keen observers of market indicators and historical patterns can sometimes reveal clues to potential future trends.One crypto niche that’s been catching the attention of investors is ...

Early in the morning of March 27, hackers impersonating Decrypt sent an email to our newsletter subscribers announcing a fictitious token airdrop. As soon as we got wind of the phishing attempt, we sent a follow-up email notifying our readers of the scam.  However, in our haste to warn our ...

Late last night, the crypto exchange Bitfinex resolved a platform outage that temporarily halted trading. "We are investigating issues with platform reduced performances and have temporarily halted trading," the exchange's official X account posted. Approximately two hours later, Bitfinex ...

Bitcoin is up over the week, having risen over 10% the past seven days. Its price now stands at $69,966, per CoinGecko—still below the nearly $74,000 all-time high it touched earlier this month. But most of this week's action has been focused elsewhere: in the world of meme coins and tokens. ...

The Cardano community sparked the spotlight on the origins of the prominent cryptocurrency project. In a recent query posted on social media platform X, the user asked if Charles Hoskinson, one of the founders of Input Output Hong Kong , had ever personally coded for Cardano during its ...

Cardano (ADA) cryptocurrency has been at the center of attention concerning digital assets having historically demonstrated tremendous profitability to its investors.Additionally, it may also be noted that in the previous month of April, ADA was often a top performer with an average ...

A string of wallet drainer attacks on Solana over the last day may be tied to Telegram trading bots, although the team behind the most prominent one—BONKbot—denies that the exploit is tied to their application. Numerous reports of Solana wallets being emptied of their SOL popped up over the ...