Web3 hacks and scams cost the ecosystem $1.83 billion in 2023 despite dropping by half from 2022.
Depletion of the Fed's reverse repo program and expiry of a crucial funding facility for troubled banks may trigger a market crash in March and force the Fed to cut interest rates, Maelstrom CIO Arthur Hayes said.
The U.S. Securities and Exchange Commission (SEC) has been blowing a horn in its various legal clashes with crypto exchanges, asking courts to see how its recent win in the Terraform Labs dispute should convince other judges that the regulator is right about platforms like Coinbase and Binance trading unregistered securities.
Airdrops continue to keep crypto believers enthralled, further fueled by Pixels’ latest announcement.
As AI companies hungrily consume every trove of data they can find, the makers of Claude.AI say they won’t their its own customers' work to improve its chatbot.
“Obviously, the stock option package would have ended up stratospheric,” lamented Meta’s chief AI scientist, Yann LeCun.
The research could make it possible to teach old AI models new tricks without expensive fine-tuning or retraining sessions.
As many asset managers are awaiting a decision from the SEC, VanEck said it signed a pledge to donate profits from its spot crypto ETF to Bitcoin core developers through Brink.
Fintech firm Dave will purchase a convertible promissory note worth $100 million at a discounted rate, paying $71 million to FTX liquidators. Court approval is pending for the deal.
Bitcoin feels stuck in limbo amid a lack of cues over whether or not the U.S. ETF will get the go-ahead, but BTC price holds higher versus earlier in the week.
The move is reminiscent of a similar pledge by VanEck to donate 10% of profits from its ether futures ETF to Ethereum developers in October last year.
ETF hopeful Hashdex releases a Bitcoin advert as analysts speculate that the SEC’s decision on Bitcoin ETFs may be imminent.
TRM Labs reported North Korean hackers potentially stole up to $700 million in crypto in 2023, with $600 million confirmed according to its research.
This means there is now a 5.6 day wait for validators to exit the Ethereum blockchain.
The decentralized crypto exchange (DEX) is facing "inquiries" in the United States stemming from an October 2022 heist, according to posts in the project's Discord server. Now the DEX's governing body, called MangoDAO, is voting on whether to appoint a representative who can triage "U.S. regulatory matters" on its behalf.
COIN constitutes a 10.34% weighting of ARK's Innovation ETF, a stake worth over $872.5 million.
A closer look at the similarities between today’s thriving crypto market and the 2020–2021 bull run.
North Korea-affiliated actors were behind a third of all crypto hacks in 2023, making off with some $600 million in funds, a new TRM Labs study said.
This week marked the 15th year since the genesis block was mined on Bitcoin and for 10 of those years industry stalwarts pleaded with the SEC to approve a spot bitcoin ETF. So far, the SEC has rejected every spot ETF application, but that may be about to change.
The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 5, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
The closely watched report
YouTube investigator Coffeezilla pointed out that participants in the buyback program will waive actual or anticipated claims against Logan Paul and CryptoZoo.
DePIN and AI technologies have been hailed as game changers across various global industries, and DeFi executives are predicting that together, they’ll be this year’s “power duo.”
So far, only six potential spot bitcoin ETF issuers have revealed their charge, and Fidelity is the cheapest.
A company or a government might attempt to buy a significant amount of Bitcoin, but it will likely get tricky pretty soon, as the price will only continue to rise, analysts say.
Celsius accounts for almost a third of ETH awaiting withdrawal, as it begins "recalling and rebalancing assets" ahead of asset distributions.
Cecabank, Abanca, and Adhara Blockchain are the three companies chosen from among 24 applications the BDE has received over the past year.
Bitcoin dipping 20% would be “healthy,” but up to 40% is possible depending on liquidity conditions, the former BitMEX CEO now reveals.
Ernest Cline and Dan Farah have co-founded Readyverse to develop a metaverse for Ready Player One and other IPs.