Handshake Revealed: VCs Back Plan to Give Away $100 Million in Crypto

An ongoing legal battle between XRP investors and payments startup Ripple is entering its next phase. Attorneys for Ripple Labs and its affiliated defendants filed to move a consolidated class-action lawsuit from its previous venue at the San Mateo Superior Court to the U.S. District Court, Northern District of California, according to court documents published…

There are rumors circulating that Ripple Labs Inc., the U.S.-based technology company that builds XRP infrastructure, may soon settle with the U.S. Securities and Exchange Commission (SEC). There is hardly an example of how many unsettled legal questions surround crypto as this case, currently in the dockets of the Court of Southern District of New…

Hyperbolic, one of the newer contenders in the race to apply blockchain tech to artificial intelligence, has raised $7 million in a seed funding round led by Polychain Capital and Lightspeed Faction. The AI boom has strained the global supply chain for graphics processing units (GPUs) and other hardware used to train AI models. Surging

With little over a month and a half to go till the U.S. presidential election, Donald Trump's schedule is packed – rallies, debates, stump speeches, crisscrossing the country to campaign in battleground states. Over the weekend, at his golf club in West Palm Beach, Florida, he became the target of what the FBI described as

BTC trades listless in a price range defined by key averages. The spike in Treasury market volatility, represented by the MOVE index, can lead to risk aversion. The slide in Chinese stocks may reverse the money flow to Asian stocks and cryptocurrencies. Bitcoin (BTC) traded listless between key averages early Tuesday amid elevated volatility in

Bitcoin (BTC) is on the defensive, having breached crucial support on Monday and could suffer a deeper drop, courtesy of a bearish crossover between key moving averages. As of writing, BTC is changing hands at $6,420 on Bitfinex, representing a 3 percent drop on a 24-hour basis. The bullish break above $6,600 witnessed on Friday…

The prices of bitcoin mining rigs – hardware machines used to verify and add new blocks to the Bitcoin blockchain – have slid to near their all-time lows in the past year due to falling profitability, and miners are taking advantage of this opportunity to stay ahead of the competition.Profitability has been on the decline…

The pilot involved the settlement on a private blockchain of around €2 million.Banque de France(Shutterstock)Jan 19, 2021 at 5:54 p.m. UTCFrench Central Bank Trials Digital Currency for Interbank SettlementBanque de France has successfully conducted a central bank digital currency (CBDC) experiment using a blockchain platform for interbank settlement.According to a Banque de France statement, the…

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