Crypto asset manager Bitwise has uploaded documents to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE), a filing with the US. Securities and Exchange Commission on Tuesday shows. The filing, an S-1 document, is a requirement for companies seeking to issue a new security and be listed on a public stock … Read more
Lorien Gabel has spent decades building internet infrastructure companies, from ISPs to cloud security firms. In 2018, recognizing the transformative potential of proof-of-stake networks, he co-founded Figment, which has since become one of the world’s largest independent staking providers, offering technology and services that enable users to stake their tokens without having to use a … Read more
French authorities have expanded a probe into Binance, investigating alleged money laundering, tax fraud and other crimes at the crypto exchange from 2019 to 2024, according to a Tuesday report from Reuters. Binance has denied the allegations, telling CoinDesk in an emailed statement that it will “vigorously fight any charges made against it.” The investigation, … Read more
For Sébastien Borget, what started as a passion for gaming has flourished into co-founding The Sandbox, now one of the most recognized metaverse platforms in the world with more than 6.3 million user accounts with connected crypto wallets. Its recent Alpha Season 4 curated event attracted more than 580,000 unique players in just six weeks, … Read more
A recently published journal article by researchers at BTQ, a startup working to build blockchain technology that can withstand attacks from quantum computers, has proposed an alternative to the Proof of Work (PoW) algorithm involving quantum technology. Proof of Work is a blockchain consensus mechanism that secures the Bitcoin network. Participants crunch through vast amounts … Read more
The native token of Movement, an Ethereum layer-2 network built using the Facebook-created MoveVM coding language, jumped on Tuesday after Donald Trump-backed World Liberty Financial purchased tokens. There was also a fresh report that the network is among the blockchains in discussion with the Elon Musk-led Department of Government Efficiency (DOGE). The MOVE token spiked … Read more
Blockchain firm Movement Labs has deployed a developer mainnet to advance its goal of bringing Facebook (META)’s Move Virtual Machine (MoveVM) to Ethereum. The developer mainnet’s launch will begin the deployment of Movement’s core infrastructure and allow selected partners to start implementing decentralized finance (DeFi) protocols, according to an emailed announcement on Tuesday. The release … Read more
Crypto exchange Coinbase (COIN) said it received regulatory approval to offer services to users in Argentina. The company received a Virtual Asset Service Provider (VASP) registration from Argentina’s National Securities Commission (CNV), it said in a blog post on Tuesday. The expansion is part of the exchange’s mission to increase economic freedom globally. In 2023, … 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 3796.28, up 3.3% (+120.73) since 4 p.m. ET on Monday. Seventeen of 20 assets are trading higher. Leaders: XRP (+6.6%) and XLM (+5.3%). Laggards: RENDER (-2.7%) and NEAR (-0.7%). … Read more
The SSV DAO, the decentralized autonomous organization behind the decentralized staking protocol SSV Network, unveiled Tuesday a new framework, called “SSV 2.0”, which will allow applications to make use of “based” technology by leveraging Ethereum validators. SSV 2.0 will be the most ambitious project for the SSV Network, according to a press release shared with … Read more