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 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday. Fifteen of 20 assets are trading higher. Leaders: ADA (+13.6%) and LTC (+6.5%). Laggards: APT (-3.5%) and AAVE (-1.1%). … Read more
Layer-1 blockchain TON said it is linking up with interoperability protocol LayerZero to allow users to move funds between multiple ecosystems in a relationship that will generate increased usage and fees for both parties. TON will initially be connected to 12 blockchains including Ethereum, Tron and Solana. Users will be able to transfer stablecoins to … Read more
KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC. The firm increased its total bitcoin stash to approximately $60 million after buying an additional $10 million worth at an average price of $103,905 per bitcoin, according to the announcement. This move aligns with the company’s bitcoin treasury strategy, announced in December … Read more
The U.S. Securities and Exchange Commission (SEC), Binance and its former CEO Changpeng Zhao (CZ) filed a motion to stay their case for 60 days – to make way for an early resolution and to save resources according to a court filing by a U.S. court on Monday. The ongoing case started in 2023. The … Read more
A spokesperson for Invest Hong Kong, the territory’s government agency that facilitates foreign investments, has confirmed that crypto including ether (ETH) and bitcoin (BTC) can be used as proof of assets when applying for its New Capital Investment Entrant Scheme visa. The visa requires applicants to must prove ownership of net assets worth at least … Read more
By Omkar Godbole (All times ET unless indicated otherwise) Cardano’s ADA is trading higher, buoyed by Grayscale’s recent spot ETF application, while bitcoin (BTC) remains rangebound in a lackluster crypto market as we gear up for Federal Reserve Chair Jerome Powell’s testimony to Congress. Powell takes the stage on Capitol Hill later Tuesday for his … Read more
Solana is on track to extend its four-month run over Ethereum and other smart-contract blockchains in decentralized-exchange (DEX) volume even as the rangebound crypto market struggles to capture trader enthusiasm. Solana-based DEXs have posted total trading volume of just over $60 million this month, nearly double the $34 million on Ethereum, the biggest smart-contract blockchain, … Read more
More than $500 million was lost to memecoin rug pulls and scams in 2024, according to a report by crypto intelligence platform Merkle Science. The most prolific scams involved social engineering, which is a technique that relies on impersonation and manipulation to gain access to someone’s personal data – often in this case celebrities or … Read more
Non-fungible token (NFT) platform OpenSea denied reports that users claiming a potential airdrop will be forced to complete detailed identification, or know-your-customer (KYC), checks. “This is all completely false,” OpenSea CEO Devin Finzer wrote on X in response to a post that referred to the terms and conditions on the OpenSea Foundation website. The terms … Read more
WazirX hack victims will receive 85% of their portfolio value as recorded on Jul.18 as the exchange completed its asset rebalancing on Tuesday, with the first round of distributions slated in April. As of Tuesday, users can see both the U.S. dollar and Indian rupee values of assets that were lost in a $230 million … Read more