California Is Open to Allowing Crypto Political Donations
Candidates for public office in California may soon be able to accept cryptocurrencies as donations, though the practice has not yet been codified.
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Andre Cronje: DeFi Expressionist
Andre Cronje has little good to say about crypto tokens. This summer, when every decentralized finance (DeFi) startup on Ethereum started goosing their growth with “governance” tokens, Yearn Finance‘s creator, Andre Cronje, dropped a growth token on it without reserving any of them for himself.This article is part of CoinDesk's Most Influential 2020 – a list…

Voyager to Pay $1.1M Legal Fees for April
Some of the firm’s highest-paid partners are charging upwards of $2,000 an hour for their work on the case, while some billed hundreds of thousands of dollars in fees for the month.George W. Hicks Jr., P.C, one of Kirkland & Ellis’ litigation partners, billed $153,211 in fees across 87.8 hours of work, while Nicholas Adzima,…

Coinbase Shares Slump After SEC Files Suit Against Company
Coinbase (COIN) stock took a hit Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.The shares slid as much as 20% at the open before retracing some of the loss to trade 15% lower at $47.10 as of 10:07 a.m. in New York…

From Mar-a-Lago to Coinbase, Dubious Claims Follow Doc.com Token Sales
feature A health startup tied to a public cryptocurrency is using overstated language about some of its industry relationships and its affiliation with crypto exchange Coinbase as it seeks to sell tokens to investors, a CoinDesk investigation has found. Mexico City-based Doc.com, which offers an app that provides healthcare and psychology consulting to underprivileged communities,…

Tim Draper Still Thinks Bitcoin Can Reach $250K – Just 2 Years Later Than He Expected
Even though billionaire investor and venture capitalist Tim Draper was clearly wrong when he predicted bitcoin (BTC) would reach $250,000 in June 2023, he said he still believes that it will happen eventually, maybe in 2025.“I wasn’t really expecting for the U.S. bureaucracy to be this aggressive and I thought that maybe they would be…

Celestia’s TIA Token Trades at $3.15 on Futures Market Ahead of Airdrop
TIA, the native token of modular blockchain network Celestia, is trading at $3.15 on decentralized derivatives exchange Helix ahead of the mainnet launch later this week.Binance has set a tentative listing date of Oct. 31 at 16:00 UTC for TIA, which is expected to be airdropped to around 600,000 wallets. Kucoin and Bybit said the

First Mover Americas: BTC Little Changed as U.S. Election Enters Final Stretch
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices 00:52 Ether ETFs Saw Biggest Outflows Since July 01:01 Bitcoin Breaks $64K While Gold Soars 00:56 ETH/BTC Ratio Slid to Lowest Since April

VanEck Subsidiary Launches Index Tracking OTC Bitcoin Price
NEWS MV Index Solutions (MIVS), a subsidiary of New York-based investment management firm VanEck, has launched a new bitcoin index. Announced Tuesday, the MVIS Bitcoin US OTC Spot Index (MVBTCO) is said to be the first index that covers the performance of bitcoin on selected over-the-counter (OTC) platforms in the U.S. The index represents the…