U.S. President Joe Biden will end his campaign for a second term, he announced Sunday, sending meme coins tied to his campaign plummeting and slightly decreasing Republican nominee and former President Donald Trump’s chances on the Polymarket prediction market. Vice President Kamala Harris is now the leading contender for becoming the new Democratic Party nominee

Bitcoin hit a one-month high price, surging 5.5% over the past 24 hours. Solana rose 8%, topping $170 for the first time since early June. Crypto observers highlight the resiliency of decentralized blockchains as a malfunctioning software update caused worldwide disruptions in IT systems. The crypto rally resumed on Friday with bitcoin (BTC) notching its

BitForex will come back online to process withdrawals. The exchange’s team were detained and investigated by police in China on Feb. 23. All operations and services will cease after withdrawals take place. 07:56 Why Bitcoin Miners Have Flocked to Texas 05:15 Bitcoin Slips to $29K Level Amid WSJ Report on Binance 13:59 Sen. Tuberville on

Ryan Selkis stepped down as CEO of Messari, the crypto data and research firm he co-founded, following a series of inflammatory tweets about politics, civil war and his desire for an immigrant to get expelled from the country. He announced his departure Friday on X, the social media platform where he pumped out a flood

Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission’s case against Binance after publishing her ruling on Binance’s motion to dismiss the SEC lawsuit. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Third-party

Liminal Custody said three WazirX wallets were breached in the lead-up to the $230 million exploit. WazirX said that a discrepancy on Liminal’s interface triggered the loss. If filed a police report today. Security firm Elliptic said on Thursday that North Korean hackers appear to be behind the hack. 00:56 Over $67M in Crypto Lost

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WazirX has filed a police complaint and engaged with the Indian Computer Emergency Response Team. The company also said it was “collaborating with forensic experts and law enforcement agencies to identify and apprehend the perpetrators.” Crypto exchange WazirX has filed a police complaint after it suffered a $230 million hack on Thursday. The firm has

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories Bitcoin traded either side of $64,000 following a retreat from $65,000 on Thursday. The increasing likelihood of Joe Biden withdrawing