Canary Capital is looking to launch an exchange-traded fund (ETF) tracking the price of Tron’s native token, TRX, according to a filing. The hedge fund submitted a Form S-1 for the Canary Staked TRX ETF with the Securities and Exchange Commission (SEC) on Friday. As the name suggests, the fund — if approved — would … Read more
Just four months ahead of their criminal sentencing for operating a $577 million cryptocurrency mining Ponzi scheme, the two Estonian founders of HashFlare were seemingly mistakenly ordered to self-deport by the U.S. Department of Homeland Security (DHS) — an instruction that directly contradicted a court order for the men to remain in Washington state until they … Read more
Following last week’s tariff-caused drama, this was a relatively quiet week in crypto. Bitcoin remained stable around $84k. The CoinDesk 20, which tracks about 80% of the market, was up about 4% in the last seven days — i.e. nothing historic. Still, plenty happened. On Tuesday, much of crypto went offline because of a tech … Read more
Who truly controls your AI assistant? That’s a question most people haven’t asked yet. Today, millions rely on digital assistants, from voice-controlled devices to smart bots embedded in tools like Google Workspace or ChatGPT. These systems help us write, organize, search, and even think. However, the vast majority of them are rented. We don’t own … Read more
Bitcoin (BTC) is likely headed for a period of heightened volatility as 170,000 BTC — worth over $14 billion at its current price of $84,500 — have moved from wallets held for three to six months, a cohort often linked to market turning points, CryptoQuant warned in a post. On-chain behavior from this group has … Read more
KiloEx, a decentralized exchange (DEX) for trading perpetual futures, said Friday it recovered all of its hacked funds after a sophisticated attack this week left users reeling with losses of around $7 million. The DEX is working to close the legal process of recovering the funds and is awarding 10% of the recovered amount as … Read more
When Friends With Benefits burst into crypto consciousness in 2020, it was the kind of FOMO-inducing project that immediately had people talking. With a wink-wink, sexy name and members including musicians Erykah Badu and Azealia Banks, it was a club that many wanted to be a part of. Emerging at a time when everyone was … Read more
Crypto exchange Kraken has launched FX perpetual futures, expanding into traditional markets with round-the-clock trading for major forex pairs, the company said in a blog post Friday. The first contracts, EUR/USD and GBP/USD, are now live on Kraken Pro, with more to follow. Unlike standard forex products, FX perps have no expiry and operate 24/7, … Read more
A Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one of the country’s largest crypto fraud cases to date. Federal Judge Vinicius Costa Vidor found Joel Ferreira de Souza, the scheme’s alleged mastermind, guilty of operating an unlicensed financial institution and laundering millions … Read more
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 2464.88, up 0.4% (+10.35) since 4 p.m. ET on Friday. Eighteen of 20 assets are trading higher. Leaders: FIL (+3.7%) and POL (+3.7%). Laggards: ADA (-0.2%) and BTC (-0.2%). … Read more
