President Trump signs the GENIUS Act, and says the first federal bill to regulate stablecoins will “secure the dollar's status as the world's reserve currency”
President Donald Trump signed the first federal bill to regulate stablecoins, hailing it as a “giant step …
President Trump's World Liberty Financial says Abu Dhabi's MGX fund is investing $2B in Binance using World Liberty's USD1 stablecoin, raising ethical concerns
A deal for a state-backed Emirati firm to use a Trump-affiliated digital coin was announced in a panel that included the president's son …
DefiLlama: Bybit experienced a “bank run” of over $4B after the ~$1.5B hack, leading to a ~$5.5B total outflow; CEO says “about 50%” of funds were withdrawn
Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered …
Even as Trump embraces crypto, attracting millions of new investors, the Bybit hack and memecoins show how crypto remains the wild West of the financial world
Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.
Q&A with Taiwan's ex-Digital Minister Audrey Tang on Plurality, a book on collaboration-enhancing tech she wrote with Microsoft's internal economist Glen Weyl
Daniel Kuhn / CoinDesk : X: @vitalikbuterin , @ebothorel , @coindesk , and @chrisblanduk X: @vitalikbuterin : Glen @glenweyl and Audrey @audreyt , two people whose thinking I high...
Celsius emerges from bankruptcy and plans to distribute $3B+ to its creditors, who will also get a stake in the company's new Ionic Digital mining operation
The distribution will be made through PayPal and Coinbase. — Register Now — Celsius will be shipping out more than $3 billion …
Crypto wallet maker Ledger updates Connect Kit, saying a former employee “fell victim to a phishing attack” that let a hacker insert malicious code
Crypto wallet manufacturer Ledger has confirmed an exploit that led it to warn users to “stop using dapps” started because a former employee fell for a phishing scam.
SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022
Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX f...
SBF testifies that he only understood “pieces” of the full financial state of his companies and was “surprised” by FTX's $8B balance-sheet hole in October 2022
Former billionaire denies intending to defraud customers in testimony to the jury at trial
Tether spent ~$420M on 10K Nvidia H100 GPUs and a 20% stake in Frankfurt-based bitcoin miner Northern Data, which plans to rent the chips to AI startups
A $40,000 computer chip has become one of the hottest commodities in the tech industry. Startups are scrambling to buy up Nvidia's H100 …
A look at friend.tech, a decentralized social app built on Base that has driven 4,400 ETH in trading volume since launching its invite-only beta on Thursday
Cam Thompson / CoinDesk :
A look at the origins of Worldcoin's eye-scanning orb, how the company is trying to safeguard user privacy, its tokenomics, policy challenges, and more
Jeff Wilser / CoinDesk :
Crypto bridging protocol Multichain confirms an exploit impacted $130M in user-supplied tokens and recommends “all users suspend the use of Multichain services”
Shaurya Malwa / CoinDesk :
Cameron Winklevoss makes a $1.465B “final offer” to DCG CEO Barry Silbert for Genesis' bankruptcy restructuring and threatens lawsuits if Silbert does not agree
Bradley Keoun / CoinDesk :
Cameron Winklevoss makes a ~$1.47B “final offer” to DCG CEO Barry Silbert for Genesis' bankruptcy restructuring and threatens lawsuits if Silbert fails to agree
Creditors of the crypto financial firm Genesis propose a package $1.5 billion of forbearance payments and loans denominated …
In a cease-and-desist order, Texas' securities regulator says crypto lender Abra has been insolvent for months and accuses the company of securities fraud
State regulators say Abra held tens of millions of dollars' worth of assets on now bankrupt platforms.
Kraken launches Kraken NFT, a marketplace with 250+ NFT collections on the Ethereum, Solana, and Polygon blockchains, after a public beta debut in November 2022
Rosie Perper / CoinDesk :
Filings: the US Internal Revenue Service filed claims worth nearly $44B against FTX's companies, including a $20.4B claim against Alameda for partnership taxes
Tracy Wang / CoinDesk :
Pepecoin, a meme coin launched in April 2023, has a $1B+ market cap despite concentrated ownership concerns; Arkham: a trader turned $263 into ~$12.8M in profit
Krisztian Sandor / CoinDesk :
Pepecoin, a meme coin launched in April, has a $1B+ market cap despite concerns about concentrated ownership; Arkham: a trader turned $263 into $3.8M in profits
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million …