Browsing: CoinDesk

From ages 9 to 11, Edan Yago smuggled gold, hidden in his clothes by his mother, out of South Africa. The apartheid government had instituted capital controls to stabilize the rand amid international sanctions. The authorities were hunting some of his family members whom it had designated as “terrorists.” 01:01 Bitcoin Breaks $64K While Gold

In its long-running legal fight to offer event contracts on U.S. elections, Kalshi regularly emphasized it is a regulated exchange, in contrast to its much-larger, crypto-based, offshore rival Polymarket. That hasn’t stopped Better Markets, an activist group that advocates for stricter financial regulations, from citing activity on Polymarket as one reason to stop Kalshi from

Stablecoins could capture 5%-10% share of the global money supply over the next decade, Circle CEO Jeremy Allaire said. Next year will be pivotal for stablecoin regulations, Allaire said, anticipating many countries in the G20 group and emerging markets having laws in place by the end of 2025. 17:48 Crypto Policy Talk With Circle’s Dante

Spot bitcoin exchange-traded funds will soon hold over one million BTC. The funds recorded one of their biggest week of inflows last week, taking in over $2.1 billion in just five days. BlackRock’s iShares Bitcoin Trust (IBIT) could soon cross the 400,000 bitcoin mark. 01:54 BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple’s Brad Garlinghouse

The AI bot Terminal of Truths on X has popularized the GOAT memecoin, which saw its market cap soar from $3 million to about $800 million, driven by social media interactions and the bot’s endorsements. Despite the hype around “sentient” AI bots promoting cryptocurrencies like RUSSELL, these bots are actually large language models (LLMs) influenced

In today’s edition: Arbitrum, Synthetix, FLock.io, Aptos Foundation, Raise, BitGPT, D3 Global, Identity Digital, Variational, Uniswap Labs, Mantra, Stokr, Sygnum Bank, Rocketon, Across, BlockFills, GOAT Network. 01:22 Uptober Forming Amid Rising Stablecoin Liquidity and Bitcoin Transactions 00:56 Len Sassaman-Themed Memecoins Surge Ahead of HBO Bitcoin Creator Documentary 01:01 Bitcoin Breaks $64K While Gold Soars 00:56

Ether futures volumes on CME slipped in August as bitcoin volumes rose. Globally, there has been a shift from alternative cryptocurrencies and into bitcoin. Exchange-traded funds (ETFs) tied to the ether (ETH) price debuted in the U.S. late July, opening doors for investors seeking exposure to the cryptocurrency while bypassing the hassle of storing it.

Robinhood’s crypto-trading subsidiary used to prevent customers from withdrawing the tokens they bought. Though Robinhood Crypto LLC abandoned that policy in 2022, on Wednesday its past practices earned a $3.9 million slap on the wrist from the state of California. The California Department of Justice settled its investigation into what Robinhood’s chief lawyer called “historical

A Coinbase (COIN) executive appears to have misspoken – or been imprecise – when she said Vice President Kamala Harris is accepting crypto donations. Harris “is accepting donations,” Coinbase Chief Financial Officer Alesia Haas said at a Citigroup event Wednesday. Fortune first reported that news. “She’s using Coinbase Commerce now to accept crypto for her

The company used the permissioned, private blockchain of fintech firm SWIAT and the Bundesbank’s trigger solution for settlement. The issuance was part of a European Central Bank’s trial to settle central bank money on blockchains. 02:15 Inside Trump’s Crypto Project; Ripple’s Upcoming Stablecoin To Launch in ‘Weeks’: Garlinghouse 01:03 Crypto Saw Lowest Monthly Losses to