Craig Swan’s eyes light up and his smile widens as he talks about Bermuda’s ambitions to become the world’s first fully on-chain economy, a move he’s confident will create fantastic new opportunities for its citizens. In an interview with CoinDesk in London, Swan, chief executive of Bermuda’s Money Authority (BMA), spoke about his tiny island […]
Bermuda, the small island nation with huge crypto ambitions Read More »
One of the XRP Ledger’s biggest weaknesses as a DeFi venue may be on its way out. A draft amendment titled “AMM Swappable Curves” was filed on the XRPL standards repository on Tuesday, proposing to expand the network’s existing automated market maker with three pluggable curve types – constant product, concentrated liquidity and StableSwap. A
Ripple-linked blockchain could close its biggest DeFi gap if new proposal passes Read More »
TeraWulf ( WULF ) surged 13% early Tuesday as the company unveiled plans for a new large-scale AI and high-performance computing (HPC) campus in Kentucky. The company said it acquired a hyperscale development site capable of supporting more than 1 gigawatt of AI and HPC infrastructure over time. The so-called Muskie Data Campus is expected
TeraWulf (WULF) Jumps 13% As AI Data Center Lifts Crypto Mining Stocks Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. CoinDesk 20 is currently trading at 2066.65, down 0.4% (-7.39) since 4 PM ET Monday. Four of the 20 assets are trading higher. Leaders: NEAR (+2.1%) and TAO (+1.2%). Lagging behind: SUI (-1.1%) and CRO (-1.1%).
SUI falls 1.1%, leading index lower Read More »
Bitmine Immersion (BMNR), the Ethereum finance company led by chairman Tom Lee, ramped up purchases again, making its biggest move since December. The company said Monday it bought 111,942 ether (ETH) last week, worth about $237 million at current prices. That lifted the firm’s holdings to nearly 5.4 million ETH, about 4.47% of Ethereum’s circulating
Tom Lee’s Bitmine (BMNR) bought $237 million worth of ether (ETH) last week Read More »
Strive (ASST) bought 1,109 bitcoins at an average price of about $76,989 per coin in the four days ending May 22, according to a Tuesday filing. The latest acquisition brings the company’s total bitcoin holdings to 16,500 BTC, up from 15,391 BTC. Strive is now the seventh largest publicly traded bitcoin company. Alongside the increase
Strive Stacks More Bitcoin As ASST Rises 133% In Three Months Read More »
Disclosure: The author of this story owns shares of Strategy (MSTR). Strategy (MSTR), the world’s largest corporate owner of bitcoin BTC$77,166.67bought back $1.5 billion of its 0% convertible senior notes due 2029 last week for $1.38 billion, choosing to reduce debt rather than add to its bitcoin coffers, according to a filing released Tuesday. The
Michael Saylor’s strategy buys back $1.5 billion in convertible debt Read More »
European stablecoin issuer StablR has suspended minting and redemption services for its USDR and EURR tokens after a cyber attack left the assets under collateral, according to a company statement. Onchain researcher ZachXBT publicly flagged the exploit over the weekend, posting that two contracts linked to StablR’s USDR and EURR stablecoins appeared to be compromised.
StablR Freezes USDR and EURR After Attacker Performs $13.5M in Unbacked Tokens Read More »
Bitcoin BTC$77,368.07 traded at $76,600 Tuesday, down 0.8% since midnight UTC, as Monday’s brief jump to $77,800 fades. The move leaves the major cryptocurrency potentially making another lower high in a bearish structure that has been in place since October, down 7% over the past two weeks. The weakness is not reflected in wider financial
The XRP Ledger, the Layer 1 blockchain that uses the XRP token to facilitate multi-currency transactions, is scheduled to implement a major maintenance and debugging upgrade on Wednesday. If you run a node, a computer that helps verify transactions on the network, you must update to the latest version by the deadline or face complete
XRP Ledger to Delete NFT Junk and Patch Key Error Gets New Upgrade Read More »
