Category: ICO

Bitcoin Price (BTC) Gains More Than 1% After Soft Inflation Data

The consistent slide in inflation in 2023 had most, including the U.S. Federal Reserve, coming into 2024 expecting appreciably easier monetary policy throughout the year. Instead, inflation has actual risen a bit thus far this year. Along with an economy that continues to grow, it’s put the kibosh on the thought of any imminent central bank rate cuts. Coming into Wednesday’s CPI report, the odds of a summer rate cut by the Fed were low and traders had priced in just a 50% chance of move in September, according to…

GameStop (GME) Rally Boosts Pepe; Bitcoin (BTC) Price Holds Steady

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

USDC Issuer Circle Files to Shift Legal Base to U.S. From Ireland Ahead of Planned IPO: Bloomberg

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Bitcoin (BTC) Price Near $62.8K as Bulls Chew Through ‘Taker Selling’

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Cahill Gordon & Reindel Beefs Up Crypto Practice, Adds 3 Crypto-Native Lawyers Including Lewis Cohen

“One of the big frustrations for clients is that they don’t really have a one-stop shop that they can go to to find crypto-native lawyers who speak the language, understand the technology,” Enzer said. “What you have is a tax crypto expert here, a crypto litigator there, a securities crypto expert at this place – it makes it very difficult for clients and more expensive, frankly, because they end up having to retain multiple law firms to get what they need.” Source

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

The exploiters utilized a “donation” attack to manipulate certain markets offered by the platform, stealing various tokens before being interrupted. The incident occurred on Sonne’s platform on the Optimism blockchain. The Base blockchain version was not affected. (Think of this as a mobile application getting hacked on Apple iOS, but remaining safe on Android.) Source

Crypto's Election Season Is Kicking Off

The U.S. is holding its presidential election this fall. More than half a dozen other countries and bodies are likewise holding – or have held – elections this year. Some candidates and lawmakers have already addressed crypto, whether appealing to the industry or just commenting on the technology. The extent to which there is such a thing as a “crypto voter” remains unclear, but it is undeniable that there is a wave of attention directed at this industry. Source

Former FTX Exec Ryan Salame Asks for 18 Months in Prison

In filings, his attorneys argue that Salame’s role at the shuttered companies was less central to the fraud and more operational. They also cite cooperation with authorities, genuine remorse, efforts to address his substance abuse issues, and the significant personal and financial losses he has already suffered as a result of the exchange’s collapse. Source