A16z crypto, a venture capital fund under Andreessen Horowitz (a16z), said it is expanding into Asia, opening an office in Seoul and hiring Sungmo Park to lead operations in the region. South Korea is the world’s second largest crypto market, the Andreessen Horowitz unit said in a blog post. The office will work with founders […]
Andreessen Horowitz Crypto Unit expands to Asia with South Korea office Read More »
Bitcoin marketplace Paxful pleaded guilty to a three-count criminal information on Tuesday, saying in court that it helped criminals move money and profit from illegal activity, including prostitution, fraud and sanctions evasion. A “criminal information” is a formal charging document used when a defendant waives charges and agrees to plead guilty. In this case, Paxful
Paxful pleads guilty to aiding and abetting crime and ignoring AML laws Read More »
Hederea (HBAR) posted measured gains during Tuesday’s trading session, rising 1.8% from $0.1348 to $0.1372 during the 24 hour period ending on December 10th at . 14:00 GMT. The cryptocurrency has now established a clear uptrend with higher lows of $0.1360 and $0.1370. The trade remains contained within a $0.0067 range, representing a volatility of
HBAR edges 1.8% higher at $0.1372 as government adoption momentum builds Read More »
Stellar (XLM) edged higher over the past 24 hours, posting a 0.85% gain to $0.251 amid muted altcoin market activity. The token underperformed the broader digital asset index by 0.45%, indicating that XLM-specific dynamics were driving price action rather than sector-wide momentum. Trading volume jumped 19.36% above the weekly average, indicating accumulation despite modest price
Stellar Edges Higher at $0.251 Despite Altcoin Market Apathy Read More »
Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency technology development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: Stripe-Backed Blockchain Tempo Starts Testnet; Kalshi, Mastercard, UBS Added as partners ZKsync Lite shuts down in 2026, while Matter Labs moves on Blockstream connects lightning and liquid for faster,
Stripes Tempo Testnet goes live Read More »
GameStop’s ( GME ) bitcoin stack was worth $519.4 million at the end of the third quarter (Nov. 1), with the company recording a $9.2 million loss in digital assets during the period. Bitcoin BTC$92,351.06 fell from about $115,000 to about $110,000 during the three months ended Nov. 1. The video game retailer likely continued
BTC Holdings narrows profits in Q3 Read More »
Strategy (MSTR) has written a formal letter in response to MSCI’s proposal to exclude companies whose holdings of digital assets represent 50% or more of total assets from the MSCI Global Investable Market Indexes. Led by executive chairman Michael Saylor, Strategy argued that digital asset treasury companies (DATs), including Strategy itself, run businesses that use
Michael Saylor’s MSTR reacts to potential MSCI exclusion Read More »
SpaceX is working toward an IPO that could value the company at about $1.5 trillion, making it the largest public market offering of this scale, according to Bloomberg. If that happens, investors will not only buy into rockets and satellites. They also want to buy into a company that has thousands of bitcoin and has
SpaceX’s $1 trillion IPO puts BTC inside Elon Musk’s biggest plans 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 2969.73, down 1.5% (-44.23) since 4 PM ET Tuesday. None of the 20 assets are trading higher. Leaders: ETH (+0.0%) and CRO (-0.7%). Lagging: APT (-5.3%) and NEAR (-4.4%).
The index falls 1.5% as all components trade lower Read More »
Helium, a decentralized wireless network built on Solana, is entering the Brazilian market through a joint venture with local WiFi provider Mambo WiFi, the companies said Wednesday. The partnership represents one of Helium’s most significant international expansions to date and could set the stage for carrier integrations in a country where reliable internet access remains
Helium expands to Brazil with Mambo WiFi in DePIN breakthrough Read More »
