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Latest Crypto News

Finance

How to Prepare for a Major Compliance Failure Settlement: The OKX Approach

A confidential crisis management document drafted by OKX offers a fascinating insight into how one exchange choreographs its response when news breaks about regulatory failures.

OKX CMO Haider Rafique with McLaren drivers Lando Norris and Oscar Piastri before the Singapore Grand Prix on September 1, 2024. (Courtesy: McLaren and OKX)

Finance

Michael Novogratz's Galaxy Hires Zac Prince, Former CEO and Co-Founder of BlockFi

Prince will work closely with the firm's president, Chris Ferraro, to expand Galaxy's crypto offering.

Mike Novogratz, Founder and CEO, Galaxy Digital (Suzanne Cordiero/Shutterstock/CoinDesk)

Policy

SEC Drops Investigation Into Uniswap, Will Not File Enforcement Action

Uniswap celebrated the news on X, calling it a “huge win for DeFi.”

Hayden Adams, CEO of Uniswap Labs. (LinkedIn)

Markets

Bybit Declares ‘War on Lazarus’ as It Crowdsources Effort to Freeze Stolen Funds

The exchange is offering a 5% bounty for submissions that could lead to stolen funds being frozen.

Bybit logo

Tech

Ethereum Foundation’s Aya Miyaguchi Leaving Executive Director Role

Miyaguchi shared in a blog post that she will stay at the foundation and serve as its new president.

Ethereum Foundation Executive Director Aya Miyaguchi (CoinDesk archives)

Markets

Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth

The bitcoin mining firm faced revenue declines but is betting on proprietary ASIC chips to drive future expansion.

(Bitdeer Group)

Markets

GameStop Urged to Convert Its $5B Cash Into Bitcoin by Strive's CEO Matt Cole

GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.

(Getty Images)

Policy

Upbit Partner Firm Faces 3 Month Partial Suspension From South Korea

The notice is due to the company's "violation of the obligation to prohibit transactions with unreported virtual asset operators," it said.

South Korea flag (Planet Volumes / Unsplash)

Finance

Crypto Asset Manager Bitwise Bolsters Balance Sheet With $70M Equity Raise

The raise was led by Electric Capital and included participation from MassMutual, Highland Capital, Haun Ventures and ParaFi Capital

Bitwise CIO Matt Hougan (Suzanne Cordiero/CoinDesk/Shutterstock)

Tech

Ethereum Layer-2 Starknet Gets First Gaming App-Chain

Nums, a sequential game built off of Starknet’s technology, is the first layer-3 to settle on the network.

StarkWare CEO Eli Ben-Sasson (Margaux Nijkerk)

Markets

Bitcoin Likely to Head Even Lower, but Seeds of Next Bull Move Are Being Sown

The interest rate outlook has gotten appreciably softer over the past couple of weeks.

De NIro and Pesci

Opinion

5 New Trends in Generative AI That Web3 Needs to Be Ready For

As the transformative technology evolves, the opportunity for Web3 to play a significant role is growing rapidly.

(Yuichiro Chino/Getty Images)

Finance

Mavryk Dynamics Secures $5.2M for Blockchain-Powered Real-World Asset Ownership

Mavryk Dynamics aims to simplify RWA tokenization and DeFi integration, making digital asset ownership more accessible.

Funding (Gerd Altmann/Pixabay)

Finance

Multicoin Leads $8M Investment in GPS Alternative Geodnet

The hyper-accurate location network provides mapping data down to the size of a golf ball

drone, delivery

Markets

Grayscale Files for Polkadot ETF, Adding to Portfolio of Offered Funds

This filing follows similar moves for XRP and Cardano ETFs after the SEC adopted a more crypto-friendly approach.

Grayscale advertisement on stairs (Grayscale)

Tech

AI Is Here, but That Doesn’t Mean Bitcoin Miners Are Finished: Blockspace

Public bitcoin miners are rushing to build AI business lines, but there’s still room for their original mandate, says this investment bank analyst.

(Shutterstock)