Here’s the Bitcoin ETF Presentation SolidX Gave to the SEC Last Week
SEC officials huddled with stakeholders last week on a proposed bitcoin ETF.
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CoinMarketCap Hits a New All-Time High (But Not for Price)
It's been almost a year since bitcoin traded near $20,000, but that isn't stopping innovation in the market from reaching other kinds of all-time highs. In fact, according to CoinMarketCap, the leading provider of cryptocurrency data, there's never been more cryptocurrencies in existence than now. Launched in 2013, CoinMarketCap listed its 2,000th crypto asset this…
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Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.The company wants a federal court to declare that ETH (ETH) is not a security, any investigation of ConsenSys based on the idea that
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Prediction Market ‘Zeitgeist’ to Use CoinDesk Indices for Broad Crypto Bets
Zeitgeist, a prediction market platform on the Polkadot blockchain network, agreed to use CoinDesk Indices' benchmarks as the subject of bets on the performance of two categories of cryptocurrencies.Traders will be able to bet on the direction of the CoinDesk DeFi Select Index and CoinDesk Smart Contract Platform Select Index, the companies said Thursday. CoinDesk
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Bitwage Now Lets Firms Pay Salaried Staff in Crypto
news Bitwage is partnering with a payroll company to give more firms the ability to pay their workers in cryptocurrency. Revealed exclusively to CoinDesk, Bitwage CEO Jonathan Chester says the partnership will let more U.S. employers fund payroll, payroll taxes and benefits with bitcoin or ether. “This is a lifeline for companies to pay their…
Sam Bankman-Fried Proposes Financial Expert as Witness to Rebut DOJ Testimony
Sam Bankman-Fried's defense team named Joseph Pimbley as their sole proposed expert witness in the FTX founder's ongoing criminal case.Pimbley, a member of litigation consulting firm PF2, will respond to testimony from former Alameda Research CEO Caroline Ellison and developer Adam Yedidia, and former FTX Chief Technology Officer Gary Wang and Head of Engineering Nishad
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India’s Digital Rupee Crossed a Million Transactions in 1 Day With Some Help From Banks
India's central bank digital currency, the digital rupee, crossed a million transactions in a day on Dec. 27, 2023 – but with at least a little help from retail banks' own employees.CoinDesk has viewed a letter dated Dec. 29 by the Reserve Bank of India (RBI) Governor Shaktikanta Das to staff that said the usage
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California Leads the Way as U.S. Federal, State Agencies Consider Blockchain’s Applications: Bank of America
Daniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.Daniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.Will Canny is CoinDesk's finance reporter.Daniel AlegreCEOYuga LabsHear from Yuga Labs new CEO in his first public appearance since assuming the position.Daniel AlegreCEOYuga…
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25-Year-Old Bitcoin Seller Faces Life Sentence for Unlicensed Exchange
news A 25-year-old man from Westwood, Los Angeles, has plead guilty to federal charges for having exchanged up to $25 million in cash and crypto without a license and anti-money laundering program. Kunal Kalra, also known as “Kumar,” “shecklemayne” and “coinman,” was indicted on Friday for allegedly trading cash and crypto for individuals including drug dealers,…