Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Global Technology Conference in New York on Wednesday. Ardoino stood out from the crowd, not for his wealth but for his choice of attire. While others dressed to impress, he opted … Read more
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) is trading at $82,800, down 0.5% in the last 24 hours. The CoinDesk 20 — an index of the top 20 cryptocurrencies excluding exchange coins, stablecoins and memecoins — is … Read more
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 Russian resident Aleksej Besciokov, 46, was reportedly arrested by police in the Indian state of Kerala, while vacationing on the country’s southern coast with his family, Techcrunch and KrebsonSecurity reported. … Read more
Bitdeer Technologies (BTDR) boosted its bitcoin (BTC) holdings by almost 75% in two months by redirecting some of its mining rigs to self production after customers asked to delay payments for the SEALMINER A2 units during the largest cryptocurrency’s price decline. The Singapore-based company’s holdings rose to 1,039 BTC as of February 2025, up from … Read more
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 will capture the mean annualized staking yield earned by Ethereum validators including consensus incentives and priority transaction fees. Financial institutions, asset managers and analysts can use the CESR as a … Read more
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 “two well-placed sources.” The case, which has dragged on since December 2020 when the SEC accused Ripple of raising over $1.3 billion through unregistered sales of its closely related XRP token, … Read more
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 any decisions approving these products until its leadership is settled. “I would have been very very surprised if they approved any of these filings before [Paul] Atkins was confirmed at their … Read more
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 closer to offering regulated derivatives products throughout Europe, the firm said in a statement on Wednesday. The entity is expected to become operational later this year, once the exchange gets approval … Read more
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 key visionary behind Ethereum’s most ambitious upgrade, “The Merge”—left the EF in September but entered talks a few months later to rejoin the organization as its new leader. “I was in … Read more
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 Jeff Garzik, plans to unify Bitcoin and Ethereum, the two oldest and largest blockchains, into “a single supernetwork,” according to an emailed announcement. Hemi is built on both Bitcoin … Read more
