As crypto booms, recession looms
America’s pro-crypto policy shift has become a bipartisan commitment as Democrats and Republicans look to secure the US dollar’s influence as a global reserve currency. According to US Representative and…
SUI Drops 5.1% as Index Trades Lower From Thursday
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 2642.5, down 1.0% (-27.91) since…
US Treasury Removes Tornado Cash From OFAC Sanctions List
The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges.“Based on the Administration’s review of…
Nigeria still open to crypto business despite rocky past: Report
The government of Nigeria is still open to crypto businesses operating in the country despite the ongoing lawsuit against crypto exchange Binance and the high-profile detention of Binance executive Tigran…
SEC’s XRP reversal marks crypto industry victory ahead of SOL futures ETF launch: Finance Redefined
Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal…
Coinbase in talks to buy derivatives exchange Deribit: Report
Coinbase is in advanced talks to buy Deribit, a cryptocurrency derivatives exchange, according to a March 21 report by Bloomberg.Acquiring Deribit — the world’s largest venue for trading Bitcoin (BTC)…
Ethereum open interest hits new all-time high — Will ETH price follow?
Ether (ETH) price dropped 6% between March 19 and March 21 after failing to break the $2,050 resistance level. More notably, ETH has fallen 28% since Feb. 21, underperforming the…
U.S. Government Removes Tornado Cash Sanctions
The U.S. Treasury Department's sanctions watchdog removed Tornado Cash from its global blacklist Friday.The crypto mixing tool has been accused of helping North Korea's Lazarus Group launder stolen funds from…
SEC ‘Earnest’ About Finding Workable Crypto Policy, Commissioners Say at Roundtable
WASHINGTON, D.C. — The staff at the U.S. Securities and Exchange Commission has embraced the chance to finally work with the crypto industry to hash out policy for overseeing digital…
Crypto Whale Who Made Millions on Leverage Trading Is a Convicted Fraudster: ZachXBT
A mysterious crypto trader that made millions trading derivatives this year has been identified as William Parker, a convicted fraudster, according to blockchain sleuth ZachXBT.Parker made $6.8 million on one…