DeFi Protocol iZUMi Finance Raises $22M

At Consensus 2023, a few CoinDesk staffers came together for a panel reflecting on major events in crypto history. When we were polled on the most important of these big moments, the plurality of votes went to what might seem an odd choice – the chaotic, fraud-filled period of “ICO mania” spanning from early 2017…

The 2024 election cycle has resulted in a deeply shaken-up political landscape for digital finance. With over $100 million in crypto industry spending across races and Trump's victory ushering in promises of a pro-crypto administration, the regulatory outlook has shifted in ways that may startle some. Amidst the headlines and market euphoria — Bitcoin surging

Patrick McHenry, the retiring chairman of the House Financial Services Committee, said he's confident that his crypto legacy will become permanent policy by 2025.The so-called FIT21 crypto bill is now a "consensus product" of the House and can't be ignored, he said.Rep. Patrick McHenry (R-N.C.) vowed the crypto industry won't have long to wait to

Crypto trading firms are teaming up with traditional market players to trade onchain structured products amid a U.S. regulatory push to oversee the industry.Digital assets manager MEV Capital and London-based financial services provider Marex have executed an "autocallable" tied to ether(ETH) through a smart contract built by the leading decentralized derivatives platform Ribbon Finance, now…

The prices of Binance Coin (BNB) and PancakeSwap (CAKE) - two significant tokens in the Binance ecosystem - have plummeted in the four hours after the Securities and Exchange Commission (SEC) filed suit against the centralized exchange, data from blockchain analytics firm Cryptowatch shows.BNB, which has a total market dominance of 3.86% according to CoinGecko,…

U.S. Sen. Sherrod Brown (D-Ohio), the chairman of the Senate Banking Committee, is arguably the most important lawmaker currently standing in the way of a crypto regulation bill, and industry interests have paid for a new campaign in his own back yard to nudge him.The brand new Cedar Innovation Foundation – a crypto-backed organization that

Jun 30, 2020 at 08:40 UTCUpdated Jun 30, 2020 at 08:47 UTCThe Australian Securities Exchange (ASX) has come under pressure to further postpone the launch of a blockchain replacement for its decades-old settlement and clearing system. One of the main share registry companies in Australia, Computershare, told the Financial Times (FT) on June 25 that…

At Spectral, we’re creating and incentivizing a network of modelers, creators, users and validators using proof-of-stake mechanics. The idea — similar to Chainlink (LINK) and The Graph’s (GRT) models — is to build a decentralized marketplace with a built-in feedback mechanism that ferrets out and discourages bad actors.This article is part of CoinDesk's "Staking Week."

Nov 24, 2020 at 9:37 a.m. UTCUpdated Nov 24, 2020 at 9:42 a.m. UTCXRP price for the last week(CoinDesk 20)XRP Price Surges to 2-Year High as Airdrop Frenzy BuildsXRP has chalked up an impressive rally to two-year highs in the last few days, and an imminent airdrop may be driving the gains.Trading around $0.70 at…