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 ...

Flows into spot bitcoin exchange-traded funds remained net positive on Thursday for the fourth consecutive day — closing the month on a strong note. The daily total net inflow for the spot bitcoin ETFs in the United States was $183 million as of March 28 — bringing the cumulative total net ...

By Seun Opejobi A United States entrepreneur and crypto king, Sam Bankman-Fried, has been sentenced to 25 years in prison over his involvement in defrauding users of the collapsed cryptocurrency exchange FTX. Justice Lewis Kaplan of a US District court in lower Manhattan, called the defence ...

A federal judge has ruled that the U.S. Securities and Exchange Commission’s case against cryptocurrency exchange Coinbase can proceed, denying Coinbase’s motion to dismiss the charges. In an 84-page decision issued today, U.S. District Judge Katherine Failla of the Southern District of ...

The arraignment of Binance Holdings Limited and its officials, Tigran Gambaryan, and fleeing Nadeem Anjarwalla, on allegations of tax evasion has been fixed for April 4, 2024. The date was contained in the hearing notice sent to the parties involved in the matter. The Federal Inland Revenue ...

The Financial Conduct Authority (FCA), the UK’s financial watchdog, has issued new guidelines targeting social media influencers, or “finfluencers,” who use memes to promote cryptocurrencies and other investments. This move aims to tackle a concerning rise in scams perpetrated through these ...

QuadrigaCX co-founder Michael Patryn — known to some in the DeFi community as "Sifu" — has become the target of a new type of court order in British Columbia that compels a person to explain how they acquired their assets. "Today, we have filed our third unexplained wealth order application ...

Cardano (ADA) has emerged as the leader in developer activity among Layer 1 blockchain platforms despite experiencing a notable price drop over the past week. This development was revealed through a tweet by crypto analytics firm “IntoTheBlock’’ on Monday. “Cardano is leading in ...

A federal judge overseeing the U.S. Securities and Exchange Commission’s (SEC) sweeping lawsuit against Coinbase ruled Wednesday that the regulator’s arguments against the crypto exchange are largely “plausible,” permitting the case to proceed and denying Coinbase’s motion to dismiss it in its ...

Layer-1 blockchain Peaq said it raised $15 million in funding to expand its ecosystem of decentralized physical infrastructure (DePIN) networks. The funding round, led by Generative Ventures and Bordless Capital and featuring participation from Spartan Group, CMCC Global and Animoca Brands, ...

In a flurry of activity within the cryptocurrency realm, Dogecoin has once again seized the spotlight. A recent report from Whale Alert, a leading cryptocurrency tracking service, reveals a staggering movement of Dogecoin, with popular investment platform Robinhood at the epicenter. Within ...

Tidal Investments and Hashdex Asset Management on Tuesday announced the trading of their spot bitcoin exchange-traded fund (ETF) in the U.S. after renaming the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI). The pair said in a statement that the renaming of the ETF — with ...

Tether, the blockchain company behind the USDT cryptocurrency, is expanding into artificial intelligence, the firm said on Tuesday. The move, Tether said, aims to advance the accessibility and efficiency of artificial intelligence. According to Tether, its AI focus will include developing ...

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By Francis Ugwu The United States Government on Tuesday indicted cryptocurrency exchange KuCoin and its two founders, Chun Gan and Ke Tang on criminal charges. Chun Gan and Ke Tang are facing penalties for money transmission and Bank Secrecy Act violations, which specifically cited a ...

Dogecoin (DOGE) is poised for a bullish surge, having surpassed a critical level and solidified its upward trend, with analysts expressing optimism about its price trajectory. As of the latest update, the current price of Dogecoin stands at $0.177522, accompanied by a robust 24-hour trading ...

Outlier Ventures and Saudi Arabia's National Technology Development Program have announced a strategic partnership to launch a web3 accelerator program in Riyadh. A Memorandum of Understanding has been signed, and the accelerator program will start later this year and will be part of Saudi ...

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 ...

By Williams Anuku Minister of Information and National Orientation, Mohammed Idris on Monday said there is no hiding place for Nadeem Anjarwalla, a Director of Binance who escaped from custody and fled the country after he was detained by the Nigerian Government. The minister said the ...

Ripple’s development division, “RippleX”, has disclosed a technical glitch affecting the Automated Market Maker (AMM) pool on the XRP Ledger (XRPL). The issue identified on March 22 caused a discrepancy that disrupted transactions and liquidity pools on the XRP Ledger. In a Sunday tweet, ...

It's the last week of Q1 and, fifteen months after the collapse of FTX, the last week of Sam Bankman-Fried's criminal trial: Bankman-Fried is scheduled to be sentenced by Judge Lewis Kaplan, who has presided over his trial since the beginning, this Thursday, March 28. Bankman-Fried's ...

One of two Binance executives detained in Nigeria has escaped custody, according to local media reports. Nigerian publication Premium Times reported that Binance's regional manager for Africa Nadeem Anjarwalla had fled the guest house in Abuja where he and the exchange's Head of Financial ...

Advertisement&nbsp &nbsp Shiba Inu Bulls’ Optimism For $0.001 SHIB Price Highly In View As Shibarium Proves To Be Memecoin Game Changer Shibarium Hits 412 Million Transactions, BlueBit Partnership Ignites Community Excitement The Shiba Inu community is in high ...

Polygon zkEVM, the Ethereum Layer 2 network which was launched a year ago this week, appears to be suffering a network outage. Multiple block explorers show an outage of over twelve hours, at time of publishing, since a block was successfully sequenced and added to the chain. The Polygon ...

The cryptocurrency market witnessed significant activity in the XRP ecosystem as over 70 million XRP coins were transferred in four noteworthy transactions. These transactions, highlighted by the blockchain tracker Whale Alert, have sparked interest and speculation among traders and ...

Artificial intelligence and its convergence with blockchain technology were hot topics at the annual VanEck Blockchain Conference in Los Angeles. For Tom Bilyeu—creator of the Project Kyzen 3D avatar and game platform—proof of authenticity is the perfect first use case, particularly in the face ...

The Bitcoin market has seen some choppy movements in recent weeks, with on-chain data revealing shifting dynamics among long-term holders and short-term traders. While some of the blockchain metrics are raising eyebrows about a potential bull market top, analysts believe the flagship crypto ...

Recently, the crypto community was abuzz with news of an AVAX whale making a noteworthy move to Shiba Budz (BUDZ), a new meme coin rivalling Avalanche (AVAX). In this article, we delve into the motivations behind this significant shift and its implications for the Avalanche and meme coin ...

Kyle Davies, co-founder of Three Arrows Capital, attempted to lure LayerZero to allocate the project's entire treasury to the now-defunct crypto hedge fund just days before it imploded, LayerZero Co-Founder and CEO Bryan Pellegrino alleged on X Thursday.  Davies, who refused to apologize to ...

Ever found yourself short on TRX for transaction fees on TRON? TronNRG offers a quick fix by letting you rent the energy needed for seamless blockchain transactions. This platform, paired with the secure and intuitive Klever wallet, ensures your blockchain activities continue without ...

Despite the recent setbacks experienced by prominent blockchain projects, a new sense of confidence has emerged in the cryptocurrency market. This excitement, according to market observers, is due to a new cryptocurrency’s meteoric rise. Read on to learn about the meteoric climb of this ...

Solana’s blistering rally has sparked discussions about its underlying blockchain and the launch of a Layer 2 solution by the end of 2025. Nick White, COO at Celestia, boldly claimed that L2s are inevitable, despite resistance against rollups from certain quarters. “An L2 will launch on ...