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…
Category: ICO
How the SEC's Recent Win May Play in Its Coinbase, Binance Cases
A federal judge ruled that secondary-market transactions for certain cryptocurrencies violated securities law. The catch: This was a default judgment. The defendant never showed up, and no one filed amicus briefs to oppose the Securities and Exchange Commission’s motion for a default ruling. Source
Native Token Transfers Are the Next Evolution of Interoperability
Wrapped assets introduced a wave of DeFi innovation that cross-chain protocols are looking to take forward. Source
Bitcoin ETFs Surge to Record Highs with Billions in Inflows, Spotlighting Mainstream Crypto Adoption Amid Governance Queries
ETHEREUM’S BIG TENT: Ethereum conferences aren’t just for Ethereans anymore, CoinDesk’s Sam Kessler reports. Last week’s ETHDenver conference in Colorado, one of the year’s largest gatherings for developers and users of the Ethereum blockchain, drew in a cross-section of the blockchain industry. The broad swath of attendees might be a testament to Ethereum’s influence on other blockchain ecosystems, attracting onlookers from other crypto tribes. But it also might be a sign of rival systems looking to encroach on Ethereum’s success in making blockchains more programmable, with its vibrant ecosystem of…
Wormhole to Airdrop 617M W Tokens to Past Users
The W token is set to become a governance asset the holders of which will vote within Wormhole DAO, a yet-to-launch entity that will make decisions for the platform, like how much to charge in fees. Wormhole is a cross-chain messaging platform that acts as a way to move money across blockchains, including Solana, Ethereum, Aptos and others. Source
The Emergence of Liquid Restaking Tokens and Their Impact on Blockchain Security and Efficiency
Another chance to strive for the vitality of Ethereum staking: Liquid restaking protocols give Ethereum a new opportunity to invigorate its staking ecosystem. As an advancement over traditional liquid staking, these protocols aim to engage in Ethereum’s consensus process, thereby democratizing the staking landscape and challenging the hegemony of established liquid staking leaders. The traditional Liquid Staking Protocols put ETH deposited by users into securing the PoS chain, whereas the Liquid Restaking Protocols use funds to validate AVSes, which validates various systems, i.e. rollups, oracles, bridges, etc. Source
How to Achieve Security and Decentralization in the Evolving World of DeFi and Digital Assets
As blockchain permeates finance over the coming years, we’ll see diverse technical architectures emerge across the centralization spectrum, trying to strike the right balance between openness and security. If we get the formula right, blockchain could unlock immense positives for institutions, consumers, and society — efficiency, transparency, scalability, and more. Source
Crypto Dollars Helped Lift U.S. Politicians to Victory in Congressional Primaries
“From the White House to the Senate to the House, make no mistake: The crypto voter is here,” said Josh Vlasto, a spokesman for Fairshake and other political action committees (PACs) established by crypto businesses and investors. “The crypto voter cares whose side a candidate is on, and the crypto voter will play a pivotal role in the 2024 elections.” Source
Uniswap (UNI) Up 20% as Token Reward Scheme Gets Overwhelming Support
UNI advanced over 20% in the past 24 hours, hitting $17 for the first time since Jan. 2022 before slightly retreating to $15.7. The token outperformed bitcoin’s (BTC) 3% recovery after yesterday’s plunge and the broad-market, altcoin-heavy CoinDesk 20 Index’s (CD20) 1% decline during the same period. Source
MicroStrategy Upsizes Convertible Debt to $700M to Buy Even More Bitcoin
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…