Crypto.com reports record $1.5B revenue in 2024 to become the third largest exchange
Crypto.com recorded a staggering $1.5 billion in revenue during 2024, with CEO Kris Marszalek attributing the growth to strong trading activity from its 140...
Bitnomial set to launch CFTC-approved XRP futures on March 20, withdraws SEC lawsuit
Bitnomial will launch its CFTC-approved XRP futures contracts on March 20 and drop its lawsuit against the US Securities and Exchange Commission.
The firm said...
Trump’s crypto Czar slams media for misrepresenting divestment as dump
White House AI and crypto advisor David Sacks criticized claims that he “dumped” his crypto holdings and clarified that, after being appointed by President...
First Solana Futures ETF To Hit Markets This Week
Two exchange-traded funds (ETFs) tracking futures in Solana (SOL) are coming on the market on Thursday. According to a filing with the Securities and Exchange...
Tom Emmer says 1M Bitcoin reserve will be enacted under current Congress
Congressman and Vice Chairman of the Digital Assets Subcommittee Tom Emmer believes the strategic Bitcoin (BTC) reserve plan to acquire 1 million BTC will...
Fed Holds Rates Steady, Cuts Growth Outlook, Raises Inflation Forecast
As expected, the U.S. Federal Reserve left its benchmark fed funds rate range steady at 4.25%-4.50% on Wednesday, the second consecutive pause since three...
First Solana ETFs in the US set for trading debut on March 20
Volatility Shares will launch the first-ever Solana (SOL) futures exchange-traded fund (ETF) in the US on March 20, Bloomberg News reported on March 19.
The...
The Protocol: Meet Hoodi, Ethereum’s New Testnet
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter.
In this issue:
Hello,...
Dubai Starts Real Estate Tokenization Pilot, Forecasts $16B Market by 2033
The Dubai Land Department (DLD), a government agency for the real estate industry, said it started a real estate tokenization pilot program, claiming to...
Wallet Infrastructure Provider Privy Raises $15M to Develop Crypto Onboarding Rails
Privy, a provider of cryptocurrency wallet infrastructure, raised an estimated $15 million in a funding round led by Ribbit Capital.
The company, which announced the...
Czech central banker questions Bitcoin’s place as a reserve asset amid volatility concerns
Jan Kubíček, a Czech National Bank’s (CNB) board member, has reportedly questioned Bitcoin’s suitability as a reserve asset.
He pointed to its legal uncertainty and...
Elon Musk’s AI Start-Up and Nvidia Join Microsoft, BlackRock, MGX AI Fund
Two of the biggest forces in artificial intelligence (AI) — Elon Musk’s xAI and Nvidia — have joined BlackRock, Microsoft and investment fund MGX’s...
What’s the Impact of CoreWeave’s IPO on Core Scientific? Analysts Debate
CoreWeave, one of the hottest players in the artificial intelligence (AI) sphere, filed for an initial public offering (IPO) on March 3.
The company works...
North Dakota sets $2,000 daily limit for crypto ATM transactions
North Dakota lawmakers have taken a decisive step toward regulating crypto ATMs, approving a bill imposing a $2,000 daily transaction limit per user.
On March...
The Evolution of Structured Crypto Products
Australia-based digital asset firm Zerocap is in a prime position to observe the development of the structured product space, having operated OTC, market making,...
Traders increase leverage as Bitcoin rebounds in March
Bitcoin’s Estimated Leverage Ratio (ESL) rebounded 9% this month, rising from a YTD low of 0.2218 on Mar. 4 to 0.2417 on Mar. 18....