Liquidity pools and staking product Bancor has released its "Bancor 3" protocol, which comes with new features designed to simplify staking, the company said in a...
Inflation in the U.S. slowed last month for the first time since November 2020, according to a Labor Department report Wednesday. The consumer price index (CPI), the...
Galaxy Digital (TSX:GLXY) shares jumped 5.5% Wednesday as the company announced plans to buy up to 10% of its stock.The board of the cryptocurrency-focused financial services...
Fidelity Investments, the largest 401(k) wealth management company in the United States, recently made national headlines with the announcement that it will offer direct Bitcoin (BTC)...
Welcome to this week's guest author, CoinDesk reporter Eli Tan, who is filling in for Sam Kessler. Follow him @elitanjourno. As the Ethereum network approaches "merge" and...
Nasdaq-listed crypto mining company The9 (NCTY) has purchased a data center in Kyrgyzstan where it will install 7,500 Bitmain Antminer S19j bitcoin mining rigs, the company...
Terraform Labs founder Do Kwon said Wednesday that the company supports a community proposal that could help TerraUSD (UST), a stablecoin pegged to the U.S. dollar,...
The Anchor Protocol community has put forward a proposal to peg the U.S. Terra stablecoin (UST), which is trading at $0.57 at the time of writing,...
Stepn, an "exercise-to-earn" app on the Solana blockchain that allows users to earn cryptocurrency rewards for walking or jogging, is gaining traction in digital asset markets. The...
The Financial Stability Board (FSB) could take a leading role in formulating global regulations for cryptoassets, according to its chairman Klaas Knot. "The FSB is well positioned...
Futures traders lost $106 million on Terra's LUNA in the last 24 hours as prices fell below $7. The data show that about 58% of traders were...
Bitcoin fell more than 3.5% during the trading day in Asia, briefly reaching $30,230, according to the CoinDesk Price Index, as the Luna Foundation Guard (LFG)...
Superscript, a UK startup and Lloyd's of London insurance broker, has launched a dedicated product for crypto businesses. "Daylight," the name of the new insurance offering for...
Terra's LUNA continued its slide for the third consecutive day, falling 73% in the last 24 hours to a price level previously reached in August 2021. Anchor,...
Coinbase founder and CEO Brian Armstrong said in a tweet Wednesday that the new wording in the latest 10-Q filing is simply a new requirement from...
Good morning! Here's what happened: Prices: Bitcoin holds up; other cryptocurrencies are mixed. Insights: crypto prices are unpredictable. Technician's take: BTC volume surge is first sign of capitulation, but...
Luna Foundation Guard's (LFG) proposed cryptocurrency reserve to protect against a collapse of the UST stablecoin came too late to prevent last week's market turmoil. As digital...
TerraUSD (UST) continued its downward spiral Tuesday afternoon New York time, dipping below $0.80 as it broke a relatively quiet 12-hour period in which its price...
Riot Blockchain, one of the largest bitcoin miners, reported first-quarter revenue of $79.8 million, missing analysts' consensus estimate of $83.7 million, according to FactSet data.Despite the...
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Sustainable bitcoin miner CleanSpark CLSK) reported second-quarter revenue of $41.6 million and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $22.5 million, with both...
The Luna Foundation Guard (LFG), steward of Terra's UST stablecoin, is looking to raise more than $1 billion, according to a new report from The Block. LFG...
Crypto markets were less volatile on Tuesday as some traders bought off price losses. The bitcoin (BTC) price stabilized at around $30,000, which is the low point...
Coinbase Global Inc. (COIN) reported first-quarter revenue that missed analysts' estimates, while total trading volume declined from the fourth quarter. According to FactSet, first quarter revenue was...
After months of rising inflation, a new U.S. government report this week may finally show a slowdown in price increases. But don't be fooled: That doesn't...
A group of national and local nongovernmental organizations (NGOs) is calling on the Biden administration and state agencies to enact regulations to curb the impact of...
Every Monday night, members of New York City's cryptocurrency scene gather in midtown Manhattan to talk shop over cocktails at an upscale food hall. Industry veterans...
Bitcoin has been on a five-day slide that has brought its price - and this is perhaps what we care about most - to its lowest...
Bitcoin (BTC) stabilized around the $30,000 support level, which could keep short-term buyers active. Nevertheless, the uptrend seems to be limited, initially towards the next resistance...
BitPatagonia, one of the largest registered crypto mining companies in Argentina, recently faced a 400% increase in its electricity bill as a result of a policy...
A proposed EU ban on crypto providers offering services from tax and money laundering havens raises "serious doubts" and could violate global trade rules, according to...
Highlight, a no-code toolkit that lets anyone create a Web 3 community with non-fungible tokens (NFTs), is celebrating its official launch with an $11 million seed...
Jambo, a Congo-based startup building a user acquisition platform for Web 3, has closed a $30 million Series A funding round led by Paradigm, marking the...
Startup Co:Create has raised a $25 million seed round to help NFT Collections launch its own tokens, the company announced Tuesday. The round was led by Andreessen...
U.S. Treasury Secretary Janet Yellen focused on the ongoing plight of the stablecoin UST during her testimony before a U.S. Senate committee Tuesday, just hours after...
Cipher Mining (CIFR) has raised its expectations for total hashrate capacity by 0.5 exahash/second (EH/s) for the remainder of the year, according to a report filed...
Michael Saylor, founder and CEO of business intelligence software company MicroStrategy (MSTR), took to Twitter Tuesday morning in an attempt to clarify the company's obligations regarding...
SPiCE VC has announced a new $250 million fund focused on blockchain that is five times larger than the company's first fund and structured to appeal...
The United Kingdom will introduce legislation later this year to regulate the crypto industry and ensure that profits from ransomware can be seized by authorities. Prince Charles,...
Flow, the blockchain best known for the NBA hit Top Shot, is making a $725 million push to attract more projects, Dapper Labs, the network's creator,...
Ethereum scaling solution Boba Network has launched single-token gas payments on its blockchain in the form of its native BOBA token. Boba will also offer a 25%...
Bitcoin self-custodian Casa announced Tuesday that it has raised $21 million to add financial identity features to its signature wallet product. Casa is building what it calls...
The UK's Financial Conduct Authority (FCA) is hosting a two-day CryptoSprint, a forum for financial regulators to discuss oversight of the industry with experts and attendees. Many...
Crypto trading company Talos has received $105 million in Series B financing. The new investors include US financial services giants Citi (C), Wells Fargo (WFC) and...
Crypto exchange KuCoin has closed a $150 million pre-Series B round at a $10 billion valuation, the company confirmed to CoinDesk on Tuesday. The round, led by...
Metaverse co-creation platform StarryNift has received $10 million in a funding round led by Susquehanna International Group (SIG), the companies said in an emailed statement. Other investors...
The Chilean Central Bank's (CBDC) digital currency would have to accept offline payments, the central bank's governor said at an event on Tuesday. Governor Rosanna Costa...
Crypto futures recorded more than $1 billion in liquidations in the past 24 hours amid weak market sentiment and the loss of key support levels. Bitcoin (BTC)...
Binance has suspended withdrawals of LUNA and UST tokens due to "network slowness and congestion."Binance will reopen withdrawals for these tokens once we deem the network...
The Latest:UST fell as low as $0.65 on Monday, hinting at a possible collapse of the market-leading algorithmic stablecoin.LUNA, UST's shock absorber, fell 50% to $30.The...
The pseudonymous founder of the popular Azuki non-fungible token (NFT) project revealed his troubled history with abandoned projects on Monday night, sending NFT Twitter into an...
Bitcoin (BTC) fell below $30,000 on Tuesday as both traditional financial markets and cryptocurrencies suffer from a sell-off caused by the Federal Reserve's aggressive monetary tightening...
Instagram's NFT pilot is the first step in a monetization strategy for creators that has yet to fully mature. Shortly after unveiling its "Digital Collectibles" product on...
Good Morning. Here's what happened: Prices: Bitcoin and other major cryptocurrencies plummet. Insights: Nvidia has a dour relationship with the crypto industry. Technician's take: BTC's collapse is confirmed, and...
The game Nyan Heroes has raised $7.5 million in a strategic round to fund game development, according to a press release emailed Monday.The Singapore-based company will...
The U.S. government continues to view stablecoins as a potential threat to the stability of the financial system. Both the Federal Reserve and a senior Treasury...
Microstrategy (MSTR) fell 25% and Coinbase (COIN) dropped 20%, setting the tone for crypto-related stocks, while Bitcoin (BTC) fell from $40,000 a few days ago to...
Bitcoin (BTC) confirmed a break below its short-term uptrend and is now targeting low support between $27,000 and $30,000. Sellers may remain active given the weakening...
The government of El Salvador, which became the first country to adopt bitcoin as legal tender last fall, has continued its bitcoin-buying spree with the purchase...
Deposits of about $5 billion, or more than a third of the total, disappeared from Anchor, the Terra blockchain-based yield protocol, in recent days, amounting to...
Selling pressure intensified in both cryptocurrencies and equities on Monday as investors continue to reduce their exposure to speculative assets. Bitcoin (BTC) fell towards $30,000 for the...
Bitcoin (BTC) fell 5.4% to around $43,000, its lowest level in three weeks.The price move appears to be a continuation of last week's trend, when bitcoin...
Luna (LUNA) and TerraUSD (UST) are two native tokens of the Terra Network, a blockchain-based project developed by Terra Labs in South Korea. The Terra blockchain is...
Paris-based Arianee, a platform for linking non-fungible tokens (NFTs) to luxury brands, has closed a €20 million ($21 million) Series A funding round led by Tiger...
Nouriel "Dr. Doom" Roubini appears to be turning to cryptocurrency, at least in a roundabout way, after years of building a reputation as one of the...
Entertainment and culture newsletter Dirt announced Monday that it has received $1.2 million in seed funding to build out its Web 3 infrastructure. The round was led...
TerraUSD (UST) has lost its dollar peg for the second time in three days, falling as low as $0.98, according to CoinMarketCap's latest price estimates. On Saturday,...
Bitcoin (BTC) confirmed the break below its short-term uptrend and is now targeting the lower support at $27,000 and $30,000. Sellers may remain active given the...
Non-fungible tokens (NFTs) from some of the most popular blockchain networks for crypto art are coming to Instagram after a pilot project was announced Monday. Read this...
There were a surprising number of inflows into digital asset funds, the first time money has flowed into them in four weeks. This came despite a...
The Bahamas' central bank digital currency (CBDC), known as the sand dollar, needs better coverage and more security to achieve its goals, the International Monetary Fund...
Several heavily armed security guards stand at the entrance to the Solana Hacker House in a relatively empty part of Miami's Wynwood neighborhood on an evening...
An institutional offering from decentralized financial platform Compound is receiving mixed marks from S&P Global Ratings. The credit-rating agency gave Compound Treasury (a product of Compound Prime...
There's never been a better time to learn about cryptocurrencies, as major institutions continue to fraternize with the space, countries around the world issue their own...
Good morning and welcome to First Mover. Here's what happened this morning:Market Moves: Macroeconomic headwinds continue to push Bitcoin lower. A popular indicator suggests institutions are...
Meta CEO Mark Zuckerberg said in a video Monday that Instagram will begin testing non-fungible token (NFT) integrations this week. CoinDesk first reported the news on May...
The reality of tighter monetary policy continues to be felt in all markets, including the crypto markets. Bitcoin (BTC), which surpassed $40,000 a few days ago,...
The product lifecycle inevitably requires design decisions that should not be made in isolation from the intended use case and users of the product. Therefore, developers...
Cryptocurrency exchange Coinbase Global Inc. (COIN) will continue to face headwinds as the company is set to release its first-quarter results on Tuesday after the market...
Cryptocurrency-focused financial services company Galaxy Digital (GLXY) posted a comprehensive net loss of $111.7 million in the quarter ended March 31, 2022.The loss compares to a...
