Tether’s Paolo Ardoino Says Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference
Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald...
The Protocol: Ethereum’s Holesky Testnet Finalizes, Finally
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:
Ethereum’s...
Public companies doubled Bitcoin holdings in 2024 as accumulation surpassed previous 5 years combined
The amount of Bitcoin (BTC) held by public corporations reached 592,112 BTC in 2024, according to Bitcoin Treasuries data.
Bitwise head of research Ryan Rasmussen highlighted...
Crypto Rally Doesn’t Hold After Soft Inflation Data
The crypto sector was mostly flat for the day, as a short rally following better than hoped U.S. inflation data quickly lost steam.
Bitcoin (BTC)...
Russian central bank proposes 3-year crypto trial for select investors
The Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, marking a...
SEC reportedly preparing to drop Ripple lawsuit, XRP jumps 5%
The US Securities and Exchange Commission (SEC) is reportedly preparing to conclude its long-running lawsuit against Ripple, the issuer of XRP.
Following the rumors,...
Garantex Operator Aleksej Besciokov Arrested in India: Report
One of the operators of sanctioned Russian cryptocurrency exchange Garantex was arrested in India on Tuesday, according to two recent news reports. Lithuanian national and...
Abu Dhabi’s MGX invests $2B in Binance, marking largest institutional stablecoin-backed crypto deal
Binance, the world’s largest crypto exchange, secured its first institutional investment with a $2 billion backing from Abu Dhabi-based investment giant MGX.
The deal, announced...
OKX Europe Acquires MiFID II-Licensed Company in Malta
Crypto exchange OKX Europe has acquired a Malta-licensed firm with a Markets in Financial Instruments Directive II (MiFID II) license, bringing it a step...
Crypto ETFs Likely Won’t Be Approved Until New SEC Chair Is Sworn In
Despite recent acknowledgements by the Securities and Exchange Commission (SEC) on several spot crypto exchange-traded fund (ETF) applications, the agency is unlikely to make...
XRP Token Rises After Report That Ripple’s Close to Wrapping Up SEC Case
The long-running legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) could soon reach a resolution, Fox Business reported, citing...
Lukka and CoinDesk Indices to Offer Composite Ether Staking Rate
U.S.-based digital asset data provider Lukka has teamed up with CoinDesk Indices to integrate the Composite Ether Staking Rate (CESR) into its offerings.
The CESR...
Bitcoin Miner Bitdeer Increases BTC Holdings by 75% to 1,039 BTC in Two Months
Bitdeer Technologies (BTDR) boosted its bitcoin (BTC) holdings by almost 75% in two months by redirecting some of its mining rigs to self production...
Binance Labs-Backed Network Hemi Debuts $440M Mainnet to ‘Unify’ Bitcoin, Ethereum
EMB: March 12, 16:00 UTC
Modular blockchain Hemi Labs' unveiled its mainnet with $440 million in total value locked (TVL).
Hemi, founded by early Bitcoin developer...
From Ethereum’s Engine Room to Wall Street: Danny Ryan’s New Mission
As controversy swirled around the Ethereum Foundation (EF) this winter, one of Ethereum's most respected architects was quietly plotting his next move. Danny Ryan—a...
Why There’s More to BNB Than Meets the Eye
Many investors dismiss BNB as simply "the Binance coin," but that designation fails to recognize its broader value unlocks. While BNB was initially launched...