Binance Acquires Anonymous Mobile Wallet for Ethereum Tokens
Cryptocurrency exchange Binance has acquired the open-source and anonymous mobile ethereum wallet Trust Wallet, it was announced Tuesday.
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Inside the ‘Private Mempools’ Where Ethereum Traders Hide From Front-Running Bots
Ethereum is swarming with bots that are programmed to front-run transactions. The bots exploit the brief window of time between when transactions are submitted, and when they're officially finalized, to copy trades from other users, quickly execute them, and in doing so eat into any would-be profits.It's a practice called maximal extractable value (MEV), and

Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
Circle stock is said to be trading around a $5 billion valuation for the company ahead of its planned listing. The firm reached a valuation of about $9 billion in 2022 when it first tried to go public via a failed SPAC deal. 18:43 How On-Chain Consumer Products Represent an Industry Shift 00:47 Former Circle

CoinDesk Indices Unveils Bitcoin Trend Indicator
Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.CoinDesk Indices, a CoinDesk subsidiary, is starting the Bitcoin Trend Indicator (BTI), an online tool to help…

Interactive Brokers to Pay $38M in Settlement Over AML Lapses
Aug 10, 2020 at 18:20 UTC(AevanStock/Shutterstock)Brokerage firm Interactive Brokers LLC agreed to pay $38 million in penalties to settle charges related to lapses in Anti-Money Laundering (AML) requirements and failure to flag suspicious transactions, according to a recent announcement by the Securities and Exchange Commission (SEC). The announcement said that, over a one-year period, Interactive…

Polygon’s New ZK Proving System, ‘Plonky3,’ Comes as Open-Source Toolkit
Polygon Labs, the main developer firm behind the layer-2 blockchain Polygon, released on Tuesday the latest version of its zero-knowledge proving system, “Plonky3” – designed to be more flexible than the previous model. A proving system is at the heart of zero-knowledge rollups, and a crucial component in the cryptographic security of distributed networks with

Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
“In one evening, you could make up to 10 quality accounts. It’s not rocket science, it’s just everyday work. That’s why so many people are FOMOing over it,” said Ilya, a 33-year old Ukrainian whose main source of income comes from airdrops.Ilya (he asked CoinDesk to change his name) is also trading crypto for profit,…

Golden Crossover: XRP Heads for Bullish Chart Pattern as Price Climbs 27%
markets XRP is teasing a long-term bullish reversal, with a surge in price and a bullish chart pattern likely to occur next week. The world’s third largest cryptocurrency by market capitalization is currently trading at $0.413 on Bitfinex, representing a 27 percent gain on the opening price of $0.3249 seen May 1. If prices stay…

Crypto Industry Committing $12M to Dethrone Sen. Brown in Ohio, PAC Says
The crypto industry's leading political action committee, Fairshake, announced three U.S. Senate races it intends to spend major amounts to influence in Ohio, Arizona and Michigan. The Ohio race pits a crypto ally, Bernie Moreno, against the chairman of the Senate Banking Committee, Sherrod Brown, a Democrat who has been reluctant to allow crypto legislation