coindesk 2 years ago

‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says By one measure, bitcoin's price performance this cycle is the worst in the asset's history.

‘We’ve Seen Enough’: Battered Bitcoin at $26K Can’t Stay Down Much Longer, Pantera’s Morehead Says

By one measure, bitcoin's price performance this cycle is the worst in the asset's history.

coindesk 2 years ago

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

Tokens such as FET as well as shares of cryptocurrency miners could move after the giant chipmaker's earnings.

coindesk 2 years ago

Tornado Cash Devs Arrested on Money Laundering, Sanctions Violation Grounds Over Alleged $1B Moved Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which "facilitated more than $1...

Tornado Cash Devs Charged With Helping Hackers Launder $1B, Including Infamous North Korean Attacks

Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work w...

coindesk 2 years ago

Bitcoin Dreams Are Coming True in Argentina and Turkey It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

Bitcoin Dreams Are Coming True in Argentina and Turkey

It’s no surprise a BTC-backing candidate just won a primary election in Argentina.

coindesk 2 years ago

The Thermodynamics of Crypto Investing As the various structural risks of crypto investing change over time, the opportunities for returns change, too.

The Thermodynamics of Crypto Investing

As the various structural risks of crypto investing change over time, the opportunities for returns change, too.

coindesk 2 years ago

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup” technology – favored by the U.S. crypto exchange Coinba...

Coinbase’s Chosen Blockchain Brand Sees Zero Threat from Zero Knowledge

Many Ethereum aficionados have predicted that the most promising layer-2 blockchains would be built not using the OP Stack’s “optimistic rollup...

coindesk 2 years ago

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday.

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday.

coindesk 2 years ago

Curve Crisis Shows Pitfalls of Decentralized Risk Management Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.

Curve Crisis Shows Pitfalls of Decentralized Risk Management

Top DeFi lenders allowed a crypto CEO to take a risky bet, raising key questions about how they manage risk.

coindesk 2 years ago

FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.

FTX Founder Sam Bankman-Fried Intends to Blame Fenwick & West Lawyers in His Defense

Sam Bankman-Fried appeared in court Tuesday to plead not guilty to latest indictment.

coindesk 2 years ago

NEAR Jumps 5% After Nexo Integration, Bucking Market Trend Also announced was a partnership with startup Tokenproof.

NEAR Jumps 5% After Nexo Integration, Bucking Market Trend

Also announced was a partnership with startup Tokenproof.

coindesk 2 years ago

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service The service has been released in collaboration with researchers from the University of Toronto.

Blockchain Security Firm Quantstamp Hopes to Battle Flash Loan Attacks With New Service

The service has been released in collaboration with researchers from the University of Toronto.

coindesk 2 years ago

First Mover Americas: Bitcoin Hovers Below $26K The latest price moves in bitcoin (BTC) and crypto markets in context for August 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Bitcoin Hovers Below $26K

The latest price moves in bitcoin (BTC) and crypto markets in context for August 23, 2023. First Mover is CoinDesk’s daily newsletter that contex...

coindesk 2 years ago

Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options

Ether-Bitcoin Ratio Uptick Fails to Inspire Bullish Positioning in ETH Options

Options skew remains in favor of ether puts across different timeframes despite the past week's increase in the ETH/BTC ratio.

coindesk 2 years ago

FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin North Korean hackers look set to try to sell more than $40 million of stolen bitcoin (BTC), the Federal Bureau of Investigation (FBI) said.

FBI Says North Korean Hackers May Try to Sell $40M of Bitcoin

North Korean hackers look set to try to sell more than $40 million of stolen bitcoin (BTC), the Federal Bureau of Investigation (FBI) said.

coindesk 2 years ago

MoonPay Offers Binance.US a Solution to Crypto Payments Suspension: Bloomberg The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then converting it into crypto tokens.

MoonPay Offers Binance.US a Solution to Crypto Payments Suspension

The U.S. exchange's customers now have the option of buying stablecoin USDT using their debit or credit cards, Apple Pay or Google Pay and then con...

coindesk 2 years ago

Ether Staking Demand Remains Unfazed as EigenLayer 100k ETH Cap Limit Filled Within Hours Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid restaking caps to 100,000 staked ether (stETH).

Ether Staking Demand Remains Unfazed as EigenLayer 100K ETH Cap Limit Filled Within Hours

Seattle-based decentralized finance (DeFi) platform EigenLayer has experienced a 207% surge in total value locked (TVL) after it raised its liquid ...

coindesk 2 years ago

Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likely happening.

Thailand’s New Pro-Crypto Prime Minister Was an Active Crypto Investor

The resolution of political drama and appointment of Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ‘airdrop’ is likel...

coindesk 2 years ago

XRP Gives up All Gains Made After Ripple Labs’ SEC Victory A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.

XRP Gives Up All Gains Made After Ripple Labs’ SEC Victory

A generally bearish market has weighed down on XRP prices after a landmark victory by Ripple Labs.

coindesk 2 years ago

Nearly 90% of Bitcoin Short-Term Holders Are Underwater, Onchain Data Show "Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observer said.

Nearly All Short-Term Bitcoin Owners Are Underwater, Making Rallies Harder

"Sharp upticks in short-term holder supply in loss tend to follow 'top heavy markets' such as May 2021, Dec 2021, and again this week," one observe...

coindesk 2 years ago

Australia's CBDC Likely Some Years Away, Central Bank Says Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.

Australia's CBDC Likely Some Years Away, Central Bank Says

Australia will not be making any decision on a central bank digital currency (CBDC) for some years due to several unresolved issues.