Arbitrum Token Settles at $1.38 Amid Airdrop Claim Chaos

March 23, 2023
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Featured SpeakerYat SiuCo-Founder and Executive ChairmanAnimoca BrandsWhere is Web3 headed? Take a look to the future with this pioneering investor in the metaverse and NFTs.Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Featured SpeakerYat SiuCo-Founder and Executive…

Argo Blockchain’s Texas Mining Facility Will Propel Shares Higher, Analysts Say

Five Wall Street firms, including Jefferies and Barclays, initiated research coverage of Argo Blockchain (NASDAQ: ARBK) on Monday with buy ratings – all of them expecting the company’s Texas crypto mining facility to be a catalyst for the shares to move higher.Jefferies analyst Jonathan Petersen has the highest 12-month price target of $30 per share…

Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax Probe

Oct 19, 2020 at 08:26 UTCUpdated Oct 19, 2020 at 08:40 UTCPeter Schiff (Gage Skidmore/Wikimedia Commons)Bitcoin Critic Peter Schiff’s Bank Under Spotlight in Global Tax ProbeA Puerto Rico-based bank founded by gold bug and long-time bitcoin skeptic Peter Schiff is under investigation over suspicions it facilitated tax evasion for “high-risk” clients.According to reports on Saturday…

Crypto Hedge Fund Founder Stefan Qin Accused of Fraud by SEC

Dec 24, 2020 at 10:50 a.m. UTCCrypto Hedge Fund Founder Stefan Qin Accused of Fraud by SECThe Securities and Exchange Commission (SEC) has accused the founder of hedge fund Virgil Capital which specializes in cryptocurrency arbitrage, of fraud.Stefan Qin, the 23-year-old founder of Virgil Capital has been accused by the SEC of “fabricated records,” for…

Your After Hours Guide to the Last Day of Consensus

The keynote wrapped, and you’re looking for something to do on the last official night of Consensus. Rather than heading home, consider staying the night in Austin for one last round of networking and entertainment. Here’s your guide to the parties, chats and dinners you want to miss on Friday night at CoinDesk’s flagship conference.Grab

Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments

High funding rates, relatively low liquidity and reports of crypto exchange Mt.Gox starting repayments to victims of its 2014 hack spurred a market-wide decline in the past 24 hours, bringing losses to leveraged bullish traders.In futures market, traders betting on higher prices lost over $190 million to liquidations as bitcoin (BTC) dropped as much as 4% before

Trader Turns $450 into $2M Betting on Avalanche Meme Coin Coq Inu

Multifold gains on Solana-based meme coins have apparently led traders to hunt for small-cap plays on other networks – with some lucky enough to flip a tiny initial capital to a life-changing figure.And while dog-themed tokens have usually created outsized gains for meme coin traders, Avalanche’s Coq Inu (COQ), a hen-themed token, is leading the

Former NY Regulator: Crypto Isn’t the Reason Why Signature Bank Was Closed

Nonetheless, the timing by regulators is significant, Vullo said. By quickly dealing with SVB and Signature, bank regulators were able to “send a very strong message to the public that the system is OK and that we're going to take care of depositors,” she said.

Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s Future

Aug 26, 2020 at 20:34 UTCFederal Reserve Chair Jerome Powell. (Federal Reserve, modified by CoinDesk)Fed Chair Powell’s Jackson Hole Speech Could Hint at US Dollar’s FutureA speech by Federal Reserve Chair Jerome Powell scheduled for Thursday offers a reminder of just how dramatically once-slow-moving monetary forces have accelerated due to the devastating economic toll of…

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