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Latest Crypto News

Finance

Crypto Investors Lost Over $500M in Memecoin Rug Pulls and Scams in 2024

The majority of scams involved gaining access to notable people's social media accounts through social engineering.

Hacker (Towfiqu Barbhuiya/Unsplash)

Finance

OpenSea Denies Airdrop-Related Talk of Enforced Customer Identification

Polymarket odds on OpenSea issuing an airdrop before April spiked from 25% to 45% following the tweets.

OpenSea's Devin Finzer speaking at NFT.NYC in 2019.

Markets

WazirX Offers 85% of Stolen User Funds as Rebalancing Ends

Fund distribution will begin if creditors approve the plan, bringing partial money recovery for victims of the $230 million hack that hit the Indian crypto exchange in July.

(Shutterstock)

Markets

Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi

Ether has dropped over 20% this year, but fundamentals are improving, the report said.

Citi bank and HSBC skyscrapers at night (Miquel Parera/Unsplash)

Markets

Hedge Funds Are Short Ether CME Futures Like Never Before. Is It Carry Trade or Outright Bearish Bets?

The record short interest is led by carry trades and some amount of outright bearish bets on the second-largest cryptocurrency.

Hedge fund. (viarami/Pixabay

Markets

Analysts Give XRP, Dogecoin, Litecoin ETFs ‘High Odds’ of Approval

There’s a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.

U.S. Securities and Exchange Commission (Shutterstock)

Markets

Grayscale ETF Application Helps Cardano's ADA Outshine Bitcoin and Ether

The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF

ADA token's price chart. (CoinDesk)

Finance

European Payments Giant Klarna Says It Will Look To Integrate Crypto

The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake.

Klarna co-founder and CEO Klarna Sebastian Siemiatkowski in London in 2015. (John Phillips/Getty Images)

Policy

North Carolina Joins Growing Number of States Pursuing Crypto Investments

Nineteen U.S. states are weighing bills to put public money into digital assets, some of them similar to the federal pursuit of a Strategic Bitcoin Reserve.

North Carolina welcome sign

Finance

Digital Identity Startup Holonym Acquires Gitcoin Passport

The cash and token deal scales up a Worldcoin "alternative."

people shadows

News Analysis

2 More U.S. Regulatory Dominos May Have Fallen for Crypto: OCC and CFPB

FDIC Acting Chairman Travis Hill said the agency is overhauling its crypto approach, just as U.S. senators examine regulators keeping banks out of crypto.

Representative Maxine Waters and Senator Elizabeth Warren protest

Policy

Alabama Man to Plead Guilty in Bitcoin-Focused SEC X Account Hack

According to the charges, Eric Council Jr. used a fake ID to gain access to a device with SEC account credentials and then falsely said spot bitcoin ETFs had been approved..

The headquarters building of the U.S. Securities and Exchange Commission (SEC) stands in Washington, D.C., U.S., on Monday, May 10, 2010. The chief executive officers of the biggest U.S. stock markets were called to a meeting at the SEC today to discuss last week�s selloff in equities, according to four people familiar with the situation. Photographer: Joshua Roberts/Bloomberg via Getty Images

Consensus Hong Kong 2025 Coverage

Hong Kong’s Patient Approach to Regulating Crypto Will Pay Off: LegCo's Duncan Chiu

Devising clear rules for the industry is important, but it can also help to wait for others to move first, argues Chiu.

Duncan Chiu

Coindesk News

Introducing the CoinDesk Mobile App

Our new app brings you the best of CoinDesk news and analysis along with custom alerts, market data and research.

CoinDesk Mobile App

Finance

Binance Bitcoin Reserves Slumped $355M in January as User Balances Rose by $4.4B

The ratio of Binance USDT reserves to user balances also dropped significantly.

Richard Teng (Binance)