US CPI comes in lower than expected — Are rate cuts coming?
The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in…
Hyperliquid Ends Up Losing $4M After $200M ETH Trade Unwinds
The liquidation of an over $200 million long trade on ether (ETH) lead to a $4 million loss for Hyperliquid, where the "whale" placed the bet.The liquidation saw wallet "0xf3f4"…
US CPI comes in lower than expected — Are rate cuts coming?
The latest US core Consumer Price Index (CPI) print, a measure of inflation, came in lower than expected at 3.1%, beating expectations of 3.2%, with a corresponding 0.1% drop in…
Why TikTok Should Be OnChain
Imagine a world where your digital identity is truly your own, where every post, connection, and interaction isn’t locked within the walls of a corporate platform but exists as an…
Ethereum’s Holesky Testnet Finalizes, Finally
Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Ethereum Reporter.In this issue:Ethereum’s Holesky Testnet Finalizes – FinallyStarknet to…
Banks acting as validators risks centralization — Everstake exec
New US regulatory guidance allowing banks to become validators for blockchain networks is a major step for institutional adoption but worsens centralization risks, Bohdan Opryshko, chief operating officer of staking…
Rumble embraces Trump-era crypto strategy with $17M BTC purchase
Video-sharing platform Rumble says it had purchased more than $17 million worth of Bitcoin as part of a previously announced investment strategy.In a March 12 notice, Rumble said it had…
Tether’s Paolo Ardoino Says USDT Stablecoin Issuer ‘Has Been Through Hell’, Is Cheered On at Cantor Conference
Attendees clapped and cheered when Paolo Ardoino, the public face of perhaps most influential company in crypto, entered the stage at the Cantor Fitzgerald Global Technology Conference in New York…
Crypto exchange OKX secures MiFID II license in Europe
Cryptocurrency exchange OKX has acquired a key European Union license that will enable the company to offer derivatives products throughout the region, potentially opening the door to a more advanced…
Hedera (HBAR) Gains 4.4% as Index Inches Higher
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 2612.1, up 0.8% (+19.92) since…