Attorney Fred Rispoli has tried to soothe concerns about the SEC’s potential appeal in the Ripple case. According to the legal expert, if the regulatory agency does decide to appeal the case, there will not be a ruling in the case until at least 2026. He has noted that the SEC suing exchanges and alleging
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Galaxy Digital, the publicly traded crypto firm led by Michael Novogratz, has acquired substantially all the assets of blockchain node operator CryptoManufaktur LLC, in a deal that will increase the company’s Ethereum assets under stake by about 43%. The agreement with CryptoManufaktur, known as CMF, was announced in a press release provided exclusively to CoinDesk.
CrowdStrike Outage Could Be Fixed Within the Day, Unlikely Caused by a Hack, Polymarket Bettors Say
Bettors are optimistic that the CrowdStrike outage will be resolved by Friday. It’s also unlikely, according to a Polymarket contract, that the outage was caused by a hack A major global IT outage caused by an update from security software provider CrowdStrike will very likely be resolved by Friday night U.S. eastern time, if not
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 2237.59, down 0.0% (-0.45) since yesterday’s close. Six of 20 assets are trading higher. Leaders: SOL (+2.5%) and ETH (+1.3%). Laggards: RNDR (-6.5%) and XRP (-5.9%). The CoinDesk 20
July 18: Bitrue Ventures, the research and investment section of crypto exchange Bitrue, has launched a $40 million investment fund and “is putting out the call to aspiring developers,” according to the team. A blog post reads: “Individual recipients of funding can receive up to $200,000 of investment funds that can be allocated however they
Standard Chartered, Animoca, and Three Others Join HKMA’s Stablecoin Sandbox as Participants
The Hong Kong Monetary Authority has revealed the names of five entities who have won participation in its stablecoin issuer sandbox. Standard Chartered Bank (Hong Kong), Animoca Brands Ltd., JINGDONG Coinlink Technology Hong Kong Limited, RD InnoTech Limited and Hong Kong Telecommunications (HKT) Limited are the other five entities. A day after the Hong Kong
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 (BTC) struggled to stay above $65,000, after falling below $64,000 during Wednesday’s American trading hours . After briefly retaking
Blockchain data provider Allium Labs has raised $16.5 million in a Series A round led by Theory Ventures. Allium Labs along with Visa also released its latest findings on stablecoin activity showing that demand for stablecoins has picked back up in 2024. Data platform Allium Labs, which provides enterprise-grade blockchain data to companies like Visa
Bloomberg’s senior analyst, Eric Balchunas, predicts a surge in the popularity of crypto exchange-traded funds (ETFs) following the introduction of Ethereum ETFs. Indeed, Balchunas believes a Solana ETF could be the next to hit the crypto market following. Solana ETF in the Spotlight The SEC has extended its decision on the Ethereum ETF trading approval
As the decentralized physical infrastructure networks (DePin) sector matures, Binance Research has pinpointed several pivotal themes for the latter half of 2024. These themes highlight the integration of DePin with traditional infrastructure and Web2 interfaces, the expansion of token utility, and the rise of ownership economy applications. DePin technologies are carving a niche by facilitating