Bitcoin Holds Firm Above $28K, Equities Rise Amid Banking Sector Rebound

NEWS The code for Bitcoin cash’s hard fork has been activated. With neither side of the contentious debate leading up to the hard fork willing to come to a compromise, two competing implementations of the protocol have now been activated. However, it’s unclear at this juncture which of the two will become the dominant software…

news A 20-year-old man has been formally charged in a New York Supreme Court indictment over SIM-swapping identity and crypto theft. The Manhattan District Attorney’s Office announced Friday that Dawson Bakies, a resident of Ohio, is charged with stealing identities and the cryptocurrency holdings of over 50 victims across the U.S. from October to December…

Despite being virtually identical products at launch, SushiSwap and Uniswap have taken divergent paths as they respond to users, says Multicoin's principal. (Riccardo Bergamini/Unsplash, modified by CoinDesk)Jan 21, 2021 at 5:03 p.m. UTCHow Cultural Differences Drive User Adoption in DeFiAt the end of 2020, I wrote about the cultural differences of Eastern and Western crypto…

NEWS Sep 6, 2018 at 14:30 UTC  |  Updated  Sep 6, 2018 at 14:44 UTC Circle Internet Financial has announced the hiring of a former U.S. Department of Homeland Security (DHS) official as its chief legal officer. As reported on the company's blog, the cryptocurrency startup has welcomed former DHS acting general counsel Gus Coldebella to…

A federal court is poised to formalize Grayscale's win against the Securities and Exchange Commission on the dispute over a spot bitcoin ETF application.It's unclear whether the court will direct the SEC toward any specific timeline to govern its next steps in rethinking the application.Grayscale Investments is waiting for a federal court tomorrow or soon

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated . CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023 , CoinDesk was acquired by the Bullish group, owner of

Last week, a federal judge ruled that Ripple should pay $125 million after finding last year that the company had violated federal securities laws with its direct sales of XRP to institutional clients. It's a fraction of the $2 billion that the SEC sought, and – for now anyway – ends the long-running case that

news Facebook’s initiative to create an accessible, frictionless, globally-available cryptocurrency and payments network is brushing up against unprecedented regulatory hurdles, at least according to a new report from Reuters. Though the social media company is taking steps to comply with watchdogs around the world, many experts are concerned that it won’t be enough. Facebook’s path…

Senators Elizabeth Warren and Angus King have asked the heads of the Department of Defense and the Department of the Treasury to explain what they're doing about Iran's crypto mining.A letter from the lawmaker argued that the nation is relying on mining to fund itself outside of the reach of sanctions.U.S. Sen. Elizabeth Warren (D-Mass.)