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WazirX Hack Sends SHIB, WRX Tumbling as Bitcoin, Tether Trade at Massive Discount

Most coins, including market leader bitcoin and USDT, are trading at a significant discount on WazirX.

18 Jul 2024

Biden Dropout Chances Rise to 68% After Covid Diagnosis

President Joe Biden said during an interview that if a medical condition emerged, he'd consider dropping out of the race.

Cryptocurrency

18 Jul 2024

Polygon Sets September Date for Migration to POL Token from MATIC

The migration comes as a part of Polygon’s planned revamp laid out last year in its “Polygon 2.0” roadmap. The change was initially proposed in July 2023 to its community, and would make POL the main token for all Polygon networks.

Cryptocurrency

18 Jul 2024

WazirX Hacked for $230M, Largely in SHIB, as Elliptic Says North Korea Behind Attack

One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.

Cryptocurrency

18 Jul 2024

Mt. Gox Creditors Reportedly Hit By Failed Login Attempts Amid Repayments

Users claim to have received as many as 22 login attempts from the Mt. Gox portal, ones that they did not initiate.

Cryptocurrency

18 Jul 2024

Profit-Making Crypto Address Makes $16M Investment in BTC

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Cryptocurrency

18 Jul 2024

In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms

Spot ether exchange-traded fund (ETF) issuers have submitted their final documents needed in order to launch the funds next week.

Cryptocurrency

17 Jul 2024

Why We Chose Sui Over Solana for Our DePIN

When Chirp – a DePIN for telecoms – was choosing a blockchain, the obvious option was Solana. But it decided to go with Sui instead. CEO Tim Kravchunovsky explains why.

Cryptocurrency

17 Jul 2024

TradFi Giant State Street Mulls Creating Stablecoin, Tokenized Deposits: Bloomberg

Traditional financial heavyweights are getting increasingly involved in tokenization efforts, putting financial assets on blockchain rails for operational benefits.

Cryptocurrency

17 Jul 2024

Vitalik Buterin, as Other Crypto Leaders Line Up Behind Trump, Argues Against Picking Candidates Just Because They Like Crypto

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Cryptocurrency

17 Jul 2024

The Protocol: Polymarket Feeds Political Junkies, With Nate Silver

In this week's issue of CoinDesk's blockchain tech newsletter, we look at the "alternative news source" that Polymarket's prediction-betting site has become.

Cryptocurrency

17 Jul 2024

Bitcoin Dips Below $64K as U.S. Equity Selloff Stalls Crypto Rebound

A stock market correction is the biggest risk for the crypto market, but a renewed downturn would be a buying opportunity, an LMAX Group strategist said.

Cryptocurrency

17 Jul 2024

Without High Switching Costs, Telecom Looks Vulnerable to DeWi

High switching costs and long-term contracts have previously made telcos impossible to compete against. Key changes in market structure today are allowing challengers with unique crowdsourced supply to challenge them, says EV3’s Mahesh Ramakrishnan.

Cryptocurrency

17 Jul 2024

Philanthropy’s Blockchain Uptake Is Slow, But Future Is Bright

Adoption by non-profits, or the lack of it, is a good test of product simplicity and reliability, says Paul Brody, head of blockchain at EY.

Cryptocurrency

17 Jul 2024

Bitcoin’s ‘OP_CAT’ Possibilities Teased in StarkWare Test Project

StarkWare used its new STARK verifier on the Signet network, a testing environment for Bitcoin, in a proof-on-concept project designed to demonstrate what the oldest blockchain might be capable of were the pending "OP_CAT" technical proposal to get ado...

Cryptocurrency

17 Jul 2024

Trump’s Odds of Victory Hit All-Time High on Polymarket After Shooting

The former president, who was injured at a rally in Pennsylvania on Saturday, now has a 69% chance of retaking the White House, according to traders on the crypto-based prediction market. Trump-themed Polifi tokens and crypto broadly also rose.

Cryptocurrency

14 Jul 2024

DePIN Can Power a More Sustainable GenAI Industry

The AI boom is overloading data centers and straining traditional energy resources. Can decentralization, in the form of DePIN, offer a solution? Mitch Liu, CEO and Co-Founder of Theta Network, makes the case.

Cryptocurrency

12 Jul 2024

Conduct Versus Code May Be the Defining Question in Roman Storm Prosecution

Prosecutors and Roman Storm's attorneys met in court Friday to argue over motions to dismiss the charges against the developer and address evidentiary questions.

Cryptocurrency

12 Jul 2024

Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists

A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal.

Cryptocurrency

12 Jul 2024

Protocol Village: Pyth’s New ‘Express Relay’ Aims for Decentralized Solution to MEV

The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 11-17.

Cryptocurrency

12 Jul 2024

MakerDAO’s $1B Tokenized Treasury Investment Plan Draws Interest from BlackRock’s BUIDL, Ondo, Superstate

MakerDAO's competition to allocate funds will open next month, and would give a big boost for the $1.8 billion tokenized real-world asset space.

Cryptocurrency

12 Jul 2024

Why Blockbuster Games Will Soon Be Built on Modular Appchains

Mainnets like Ethereum’s aren’t suitable for major (AAA) game development. The only real solution is a horizontally scalable blockchain coupled with modularity and a gas-free experience for end-users, says Jack O’Holleran, CEO of SKALE Labs.

Cryptocurrency

12 Jul 2024

Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says

The crypto tracing company's latest report shines a light on potential money laundering.

Cryptocurrency

12 Jul 2024

CoinDesk 20 Performance Update: XRP Gains Amid Overall Index Decline

The CoinDesk 20 index saw a slight drop with XRP and ADA recording positive movements.

Cryptocurrency

12 Jul 2024

SEC Drops Investigation of Bitcoin L2 Stacks and Builder Hiro, Filing Says

The conclusion of the probe into the company formerly known as Blockstack, which raised $70 million via token sales from 2017 to 2019, is another win for the crypto industry in its years-long struggle with the regulator.

Cryptocurrency

12 Jul 2024

XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined

BTC prices fell after Thursday’s U.S. CPI readings, dragging down the broader crypto market.

Cryptocurrency

12 Jul 2024

First Mover Americas: BTC Retreats From $60K

The latest price moves in bitcoin (BTC) and crypto markets in context for July 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Cryptocurrency

12 Jul 2024

DEX Aggregator Rage Trade to Issue Token on Buzzy New Layer 1 Blockchain Hyperliquid

Decentralized exchange aggregator Rage Trade has announced plans to issue a new token via a liquidity generation event and a token sale on layer-1 blockchain Hyperliquid.

Cryptocurrency

12 Jul 2024

Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B

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Cryptocurrency

12 Jul 2024

Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Cryptocurrency

12 Jul 2024