Tether Investments, the investment arm of the leading stablecoin issuer, has made a strategic investment in LayerZero Labs, which is developing an interoperability protocol called LayerZero. The move is essentially a bet on the technology that underpins USDt0, a blockchain-agnostic version of Tether’s dollar-pegged token that has moved over $70 billion across blockchains in less […]
Ethereum co-founder Vitalik Buterin called for a rethink of how crypto and artificial intelligence should come together, warning that a growing focus on developing artificial general intelligence (AGI) risks missing the bigger picture. In a post on X that revisits ideas he first outlined two years ago, Buterin argues that the accelerated push toward artificial
Cryptocurrency exchange and wallet provider Blockchain.com has won regulatory approval in the UK nearly four years after seemingly giving up. Blockchain.com was added to the Financial Conduct Authority’s (FCA) register of licensed crypto companies on Tuesday under its trading name “BC Operations.” STORY CONTINUES BELOW Don’t miss another story.Subscribe to the State of Crypto newsletter
Blockchain.com wins UK registration nearly four years after abandoning FCA process Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 1968.37, down 3.4% (-69.59) since 4 PM ET Monday. None of the 20 assets are trading higher. Leaders: CRO (-1.1%) and BCH (-2.1%). Laggards: APT (-5.5%) and ETH (-5.4%).
the index falls 3.4% as all components trade lower Read More »
Bitcoins BTC$68,720.34 slide to around $60,000 earlier this month looked familiar, not to gold rushers but to tech investors, crypto asset manager Grayscale said in a Monday report. As high-growth software stocks sold off, bitcoin fell to near lockstep, reinforcing the view that the world’s largest cryptocurrency is currently trading more like a new technology
BTC trades like a tech stock with failing growth Read More »
Jump Trading plans to take a small stake in each of prediction market platforms Kalshi and Polymarket, Bloomberg reported on Monday, citing people with knowledge of the matter. The trading power center, which has a significant focus on cryptocurrency, will win the stake in exchange for providing liquidity on the two platforms. Jump is set
Jump Trading to Take Small Stocks in Prediction Markets Polymarket, Kalshi: Bloomberg Read More »
Bitcoin BTC$68,747.00 struggling to regain a foothold above $70,000 as altcoins outperform. The largest cryptocurrency is little changed over 24 hours, while the broader CoinDesk 20 (CD20) index rose 0.40% even as ether ETH$2,000.64 declined. Memecoins lead the gainers, with the CoinDesk Memecoin Index (CDMEME) adding 1.5% as PIPPIN surged 46%. Tokens linked to artificial
A federal judge in California sentenced in absentia a dual citizen from China and St. Kitts and Nevis to 20 years in prison for its role in a $73 million international crypto scam. Daren Li, who is on the run after removing an electronic ankle monitoring device in December, was also handed three years of
Fugitive Daren Li Sentenced to 20 Years in US Prison for $73M International Crypto Fraud Read More »
Institutional crypto exchange provider LMAX Group has unveiled Omnia Exchange, designed to allow users to seamlessly convert FX, crypto, stablecoins and other digital assets on one platform, the company said on Tuesday. Described as a “single multi-asset infrastructure layer,” Omnia allows users to trade any asset directly against any other 24/7, without size or type
LMAX unveils new exchange to break down the wall between crypto and currency Read More »
About a week ago, bitcoin BTC$69,164.00 fell more than 10% in a day to around $60,000 before rising to $70,000 in recent days. The question is, did the slide mark “capitulation” as holders panic-sold at losses, fending off bearish pressure and setting the stage for another bull run? The futures market is saying no, suggesting
I’m not sure we’ve hit a true capitulation in bitcoin, derivatives experts say Read More »
