Coinbase Trades at a $77B Valuation as BTC Heads Towards a $1T Market Cap

Team members of the decentralized finance (DeFi) protocol BarnBridge are being investigated by the U.S. Securities and Exchange Commission (SEC) in the latest regulatory tussle faced by a crypto company in the country.BarnBridge offers interest rate swaps that allow for any variable yield offered by crypto platforms, such as Aave or Compound, to be swapped…

news A corroborating order has been filed in Craig Wright’s sanctions and contempt hearing. In a court document published Tuesday, Magistrate Judge Bruce E. Reinhart confirmed that Wright, the self-declared inventor of bitcoin, must forfeit half his crypto mined prior to 2014 to Ira Kleiman as well as half his intellectual property. Additionally, Wright is…

feature The Takeaways: After the 2018 crypto crash, up to 90 percent of blockchain-focused Chinese venture capital firms left the market. Now, as China’s central government pushes for greater blockchain adoption, some are returning and deal-flow is increasing.   Surviving funds are retooling and diversifying into fields such as secondary trading and bitcoin mining.  Chinese venture…

Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.Stephen Alpher is CoinDesk's co-regional news chief, Americas. He holds BTC above CoinDesk’s disclosure threshold of $1,000.Featured SpeakerAlex ThornHead of Firmwide ResearchGalaxyHear Alex Thorn share his take on "Bitcoin and Inflation: It’s Complicated” at Consensus 2023.The…

Dogecoin (DOGE), the meme cryptocurrency known for its rapid price moves, has been unusually calm this year, underperforming market leaders bitcoin (BTC) and ether (ETH) by a significant margin.One technical analysis indicator called Bollinger bandwidth suggests it may be the calm before the storm.The indicator illustrates periods of varying volatility relative to the price gyrations…

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.Cam Thompson is a news reporter at CoinDesk.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…

Consensus, CoinDesk’s annual conference, is once again welcoming startups from around the world for its annual Pitchfest, with over half the entrants representing Web3 and Blockchain infrastructure companies.This year's focus is on bringing startups and investors together in a dedicated startup village, complete with an investor lounge and startup kiosks.Throughout Thursday, May 30, 40 teams

Bitcoin held steady above $30,000 early Monday as producer price index (PPI) data from China suggested the global liquidity-tightening cycle that kicked off early last year and roiled risk assets including cryptocurrencies is nearing its end.China's PPI, a measure of factory-gate prices, fell 5.4% year-on-year in June, the ninth consecutive monthly decline and the steepest…

Sep 15, 2020 at 07:55 UTCUpdated Sep 15, 2020 at 07:57 UTCBinance CEO Changpeng Zhao (CoinDesk archives) Japanese Crypto Exchange Accuses Binance of Helping Launder $9M From 2018 HackA Japanese cryptocurrency exchange that suffered from a $60 million hack in 2018 is suing Binance for “aiding and abetting” the laundering of some of the stolen…