Published 1 minute earlier on   HBGL Hong Kong Limited, also known as Huobi HK, initially submitted the exchange license application last week only to withdraw three days later on Feb. 23, the South China Morning Post reported, citing the Securities and Futures ...

Stablecoin major Circle has inked a key partnership with soon-to-launch OVERDARE, a joint initiative by PUBG maker Krafton and NAVER Z Corporation, embarking on a large-scale Roblox-style metaverse. The collaboration promises an enriched, immersive experience exclusively crafted for both ...

Ethereum liquid staking protocol Lido reached $30.56 billion in total value locked in Feb. 26, according to The Block's Data Dashboard. Lido has seen increased adoption and steadily rising TVL since around July 2022. Lido's last major peak in TVL was $20.83 billion on April 5, 2022, a month ...

Bitcoin (BTC) and Ethereum (ETH) have remained firm on their support levels, while many other alternative coins within the top 60 were performing impressively. Uniswap (UNI) has been the best performer of these, while Flare (FLR) and Filecoin (FIL) have taken the second and third places, ...

Companies • February 26, 2024, 12:45AM EST   Published 1 minute earlier on Stablecoin issuer Circle Internet Financial announced its partnership on Monday with Overdare, a joint venture set up by South Korean gaming and metaverse giants Krafton and Naver Z Corporation. ...

MicroStrategy’s X account appears to be compromised on Monday morning Asia time, with hackers posting phishing messages, according to a pseudonymous crypto individual known as Spreek on X. ZachXBT, a blockchain researcher, said in an X post that at least $440,000 could have been stolen so ...

In an unfolding revolutionary twist, Starknet – the Ethereum-based Layer-2 scaling solution surpassed $1 billion Total Value Locked (TVL) and scaled up to become the fourth-largest L2 on Ethereum. Colin Wu, a prominent journalist covering the crypto industry, revealed in a Wu Blockchain X ...

A reference to an NFT marketplace might not stand out in a game like OpenSeason. After all, the Fortnite-like battle royale shooter is drenched in colorful crypto memes, including a Pepe-themed amusement park plus Bored Apes and Milady avatars running around. But when the “tribute” in question ...

Binance, the largest cryptocurrency exchange in the world, has agreed to a huge fine of $4.3 billion for admitting that it is guilty of having violated US money laundering and sanction laws. One of the largest ever criminal settlements in American history was concluded on Friday when U.S. ...

The cryptocurrency world is gradually shifting its attention from Bitcoin to Ethereum in anticipation of the SEC decision on spot Ethereum ETFs looming in May 2024. While Bitcoin has been trending lately after the United States approval of spot Bitcoin ETFs and the one-month prior halving ...

Lookonchain, a prominent data analytics platform, recently tweeted revealing insights into the Ethereum market’s dynamics. According to data sourced from Intotheblock, a staggering 1.38 million addresses collectively procured 1.33 million Ethereum tokens, amounting to a whopping $3.9 billion ...

A federal judge accepted a guilty plea from cryptocurrency exchange Binance along with $4.3 billion in fines and penalties to settle its case—the largest such assessment in the history of federal financial prosecutions. Federal Judge Richard Jones approved the deal—which includes a criminal ...

Binance Holdings Ltd. will pay one of the largest corporate penalties in U.S. history after a judge approved a plea agreement on Friday requiring the exchange to pay $4.3 billion.  "Binance accepts responsibility for the company’s past actions and has already made significant progress in ...

The Texas Blockchain Council (TBC) and Riot Platforms (RIOT), one of the largest crypto miners in the state, sued the U.S. Department of Energy for "illegally" demanding information from many of the council's members, including Riot, according to a Thursday court filing. The TBC and Riot also sued ...

In an unprecedented turn of events, the cryptocurrency world has witnessed the dramatic ascent of Option2Trade (O2T), a newcomer dubbed the ‘Solana (SOL) Destroyer.’ February saw this innovative token surge by an astonishing 500x, a feat that has captivated users and traders alike. Powered by ...

Ripple’s Chief Technology Officer, David Schwartz, has entered the fray of the ongoing legal battle between the Crypto Open Patent Alliance (COPA) and Craig Steven Wright (CWS). Schwartz has focused on a crucial element of the case: the controversial practice of backdating documents. The ...

Crypto exchange Kraken filed a motion in federal district court late Thursday, asking that the court dismiss the SEC’s case filed in November. "The law is clear," a Kraken spokesperson told Decrypt. “None of the assets in the SEC’s complaint constitute ‘investment contracts,’ and Kraken is ...

The question of whether Bitcoin whales are buying or selling activities has become prominent in the cryptocurrency market, as recently analyzed by analyst Ali. It is a mixed bag for these key players at present, where some choose to join the market while others dispose of portions of their ...

Superfluid, an Ethereum ETH +2.03% -based token streaming protocol that enables real-time crypto transfers, has raised $5.1 million in a strategic funding round. Fabric Ventures led the round, with Multicoin Capital, Circle Ventures, Safe Foundation, The LAO, Taavet+Sten, and others ...

Bitcoin was flat early Thursday morning ahead of new U.S. data on two important economic indicators—initial jobless claims and housing sales. At the time of writing, Bitcoin is trading for $51,823.78. That's a modest 0.3% gain since this time yesterday and virtually flat compared to last ...

Bitcoin, the largest cryptocurrency by market capitalization, has been on a strong upward trajectory since the beginning of the year and reached an all-time high of over $58,000 on February 21st. Nonetheless, the rally looks to be slowing down as Bitcoin has hit resistance at its $52k level ...

According to one analyst, bitcoin options are signaling a bullish sentiment post-halving, evidenced by the strike positioning and put-call ratio for the end-of-month expiry in June. "The June expiry is a good gauge for halving sentiment and our charts shows much more upside positioning. The ...

Breaking news is that even politicians want Bitcoin as a form of payment these days. The curtain is occasionally lifted, allowing the public to see behind closed doors into the inner workings of the system of power. Tucker Carlson told Glenn Beck earlier today about his struggles to persuade ...

Blockchain payments arrive in Africa via Boom Pay, while Bitcoin Minetrix offers a new “Stake-to-Mine” model for wider Bitcoin accessibility for payments. Blockchain payments have arrived in Africa via Boom Pay, while Bitcoin Minetrix offers a new “Stake-to-Mine” model for wider Bitcoin ...

Circle, a leading financial technology company, has announced the discontinuation of USDC (USD Coin) support on the TRON blockchain. This transition will be carried out gradually, with immediate effect on minting USDC on TRON ceasing. However, transfers and redemptions of USDC on TRON will ...

The CME Group will be launching euro-denominated micro Bitcoin and Ethereum futures next month, answering surging demand in the derivatives market. The Chicago-based trading firm announced on Tuesday that it would launch the crypto futures for the European market due to the popularity of U.S. ...

The ruling party of South Korea, the People’s Power Party, is leading a campaign to extend the tax on the gains made in cryptocurrency for two more years as it promised during its campaigns before the general election this April. Herald Business Daily reported that the party wants to push ...

Ether's price reached $3,000 earlier on Tuesday for the first time in nearly two years amid speculation that spot ether exchange-traded funds could be approved in the U.S. as early as May. The second-largest cryptocurrency by market cap peaked at $3,003.40 just after 9 a.m. ET before pulling ...

It’s the hit game that crypto gamers can’t stop talking about on Ethereum scaling network Ronin—and no, it’s not Axie Infinity this time around. It’s Pixels, a relatively simple and social farming game that has quickly amassed a sizable following. Pixels takes cues from beloved games like ...

Coinbase, one of the major cryptocurrency exchanges, is removing native payments in Bitcoin from its merchant’s platform. The announcement was made by Lauren Dowling, head of product at Coinbase Commerce, through X (Twitter). 1/ Hey folks, I’m the product lead for Coinbase Commerce and ...

Open interest for Bitcoin BTC +1.40% futures on centralized exchanges has hit a new high for the year, reaching levels not seen since November 2021 and highlighting increased trading activity around the largest cryptocurrency. According to CoinGlass, the aggregated open interest for ...

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish ...

Advertisement&nbsp &nbsp If the price of doggy-themed crypto Shiba Inu (SHIB) rocketed to the $1 mark, millions of holders would turn into millionaires and billionaires overnight. However, SHIB hitting that milestone is unlikely to happen this year, according to one crypto ...

Crypto exchange FixedFloat appears to have been exploited for $26.1 million in bitcoin and ether, according to on-chain data. Since the unexpected fund movements, the exchange has been put into maintenance mode and remains down. On the Bitcoin BTC  +0.93% blockchain, the exchange has seen a ...

VanEck, a well-known financial firm, is currently facing legal issues after being fined $1.75 million by the SEC for issues related to its Spot Bitcoin ETF. This has brought to light the challenges that businesses operating at the intersection of cryptocurrencies and traditional finance are ...

In the fast-paced world of crypto, the latest buzz is a bold prediction from the renowned Robert Kiyosaki, author of the iconic book “Rich Dad Poor Dad.” As Bitcoin surges past the $50k mark, the crypto market is abuzz with anticipation and speculation. We’ll dive into the recent ...

In a recent X post shared by crypto analyst Ali Martinez, anticipation for an early Cardano breakout is stirring within the cryptocurrency community. Martinez suggests that if historical patterns repeat themselves, Cardano’s native token ADA could surge to $0.80, retrace to $0.60, and then ...

Last month, the United States Securities and Exchange Commission (SEC) granted approval for the launch of exchange-traded funds (ETFs) designed to mirror the price movements of Bitcoin. This ETF launch could act as a spark, increasing interest in and confidence in alternative cryptocurrencies ...

In a report issued Friday, Coinbase analysts outlined factors that could act as a support for bitcoin's price dynamics over the coming months. "We believe bitcoin should remain well supported in the next three to six months, as more institutional players adjust to the new ETF reality," ...

Advertisement&nbsp &nbsp In an unexpected situation for the crypto market, Rick Rieder, the head of global allocation at BlackRock, a powerhouse asset manager overseeing a staggering $9.1 trillion in assets, has hinted at the potential for increased Bitcoin exposure in the ...

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According to a recent technical analysis from a popular cryptocurrency Analyst known as Rektt Capital, it’s apparent that both Chainlink (LINK) and Solana (SOL) are positioning themselves for the continuation of their respective trends in cryptocurrency markets. In the case of LINK, there ...

Policy • February 15, 2024, 1:17PM EST   Published 1 minute earlier on The Financial Conduct Authority used a new report this week to describe the degree to which it has focused on illegal cryptoasset promotions targeting UK consumers over the past year. The regulator ...

Shiba Inu unlocked a new utility within the Ryoshi network. Being among the earliest Polygon CDK chains, implementing a custom gas token has paved the way for the broader adoption of SHIB. According to Ryoshi, utilizing SHIB as gas would provide a gateway to the full spectrum of the web3 ...

U.S. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson gave a stark warning on the agency’s posture toward cryptocurrencies and their potential to serve illicit finance in a landmark session in front of the House Financial Services Committee. Once given the ...

Bitcoin, the top cryptocurrency in terms of market value, has crossed the $50,000 mark after a period of consolidation. This milestone has stirred excitement in the crypto community and caught the eye of analysts. Ali Martinez, one of them, shared insights on where BTC might be headed next. A ...

In December 2023, the price of Dogecoin (DOGE) remained stable in the 3% range of $0.09 and $0.1, even if other mega-cap meme currencies had a comparatively good performance. Following several unsuccessful attempts to recover $0.1, Dogecoin on-chain data patterns indicated that the buying ...

  The head of crypto and financial markets at Northern Trust claims that institutional investors lost interest in cryptocurrency after 2022 and that they haven’t yet regained it, despite this year’s upswing. Earlier of last year around May 2023, At the Digital Assets Week conference in ...

The federal court in Seattle has delayed judgment on the pending sentencing related to charges of violating money-laundering rules for the founder of Binance, Changpeng Zhao. The sentencing was supposed to happen earlier, and the sudden change of plans has raised much speculation about the real ...

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest ...