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 3194.09, up 3.3% (+101.56) since 4 p.m. ET on Tuesday. All 20 assets are trading higher. Leaders: APT (+16.6%) and LTC (+7.3%). Laggards: BTC (+2.4%) and ADA (+2.4%). The … Read more
A federal court has outlined just how extensive Sam Bankman-Fried’s assets were before the young CEO of FTX was tried and imprisoned for fraud, and the government swooped in to seize roughly $1 billion in financial assets and two aircraft. The final order of forfeiture issued on Tuesday by the U.S. District Court for the … Read more
HONG KONG — Wingbits, a blockchain-powered aviation data network, is set to add satellite-tracking capabilities as it looks to make further inroads into the $22 billion aviation data industry. The Swedish company is launching a satellite with Spire Global, which operates a low-orbit satellite constellation. The satellite will be carried by SpaceX’s Transporter-13 mission in … Read more
Countries targeted by U.S. government sanctions have surged in illicit crypto activity, receiving nearly $16 billion in digital assets last year — about 39% of illicit token transactions — according to a report from Chainalysis released on Wednesday. 2024 was a year in which those nations — especially Iran — surged over individuals in sanctions-related … Read more
By Francisco Rodrigues (All times ET unless indicated otherwise) Cryptocurrency investors seem to be adopting a “wait-and-see” approach to the plethora of conflicting headlines appearing. As a result, the BTC Volatility Index (DVOL) on popular options exchange Deribit has been dropping since Jan. 20, falling from a high of 72 to around 50.8. The drop … Read more
HONG KONG – Decentralized finance (DeFi) platform MANTRA said it secured a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows the platform to operate as a virtual asset exchange and offer broker-dealer and investment management services in the region. It positions MANTRA, which focuses on the Middle … Read more
HONG KONG – Investors in Europe can now get direct exposure to the CoinDesk 20, an index representing the largest crypto assets, thanks to a new exchange-traded product (ETP) from WisdomTree launched at Consensus Hong Kong. “The launch of the first CoinDesk 20 ETP with WisdomTree is a defining moment for digital asset investing in … Read more
U.S. president Donald Trump shared an XRP-related article on social media platform Truth Social on Tuesday, stoking excitement and speculation among the XRP community. The article, published by CoinDesk in January, revealed how Ripple CEO Brad Garlinghouse experienced an uptick in U.S. deals and hiring efforts following Trump’s election victory in November. The post generated … Read more
HONG KONG — World Liberty Financial, the Donald Trump-backed crypto project, owes much of its early success to Justin Sun, the Chinese-born crypto billionaire who became an official advisor to the project after purchasing $30 million worth of its token, WLFI, said World Liberty co-founder Zak Folkman. Folkman remarked that, “the goal of the project … Read more
The latest frenzy that started with U.S. President Donald Trump’s TRUMP memecoin launch and saw traders making and losing millions within minutes, might have finally come crashing down with the LIBRA token fiasco. LIBRA, a Solana-based project that President of Argentina Javier Milei tweeted about on Feb. 14, saw its market cap rise as high … Read more