Police Arrest Hackers Alleged in $87 Million Crypto Theft
Chinese police have arrested three individuals who allegedly stole bitcoins and other cryptocurrencies worth around 600 million yuan, or $87 million.
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Jun 30, 2020 at 11:35 UTCFirst Mover: Bitwise Calls $50K Bitcoin Price When Market Calm Finally BreaksBitcoin has traded in an ever-tightening range for two months, and digital-market analysts say a new wave of coronavirus cases and emergency measures could provoke the largest cryptocurrency by market cap out of the doldrums. The backdrop is an anemic economy,…

DePIN Media Network PTK Starts Up on Coinbase’s Base to Bring Transparency to Making Movies
PKT is a decentralized media network on Base co-founded by the producer of the blockbuster Oblivion. PKT aims to be a decentralized version of Roku or Apple TV. PKT, a decentralized media network built by three brothers frustrated with Hollywood’s film business, is becoming one of the first DePIN projects to launch on Base, Coinbase’s

After Court Victory, Indian Exchanges Gear Up for Crypto Trading Surge
Mar 4, 2020 at 18:06 UTCUpdated Mar 4, 2020 at 18:21 UTCThe decision by India's Supreme Court to lift the central bank’s ban on cryptocurrency trading could soon translate into notable growth in trading volumes, according to cryptocurrency exchanges in the country. India’s Supreme Court on Wednesday quashed a Reserve Bank of India (RBI) order dated…

France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants
Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium. He doesn’t own any crypto.Featured SpeakerChristy Goldsmith RomeroCommissionerU.S. Commodity Futures Trading CommissionExplore the policy fallout from the 2022 market crash,…

Australia’s Securities Regulator Wins Case Against Kraken’s Local Operator
An Australian court ruled in favor of the securities regulator that Kraken's local operator contravened a rule regarding its margin extension product. A Kraken spokesperson said "Overall, we’re disappointed by today’s ruling, but we’re prepared and willing to comply with the court’s decision." The Federal Court of Australia ruled on Friday that cryptocurrency exchange Kraken's

Bitcoin, Ether Nurse Losses as U.S. Stagflation Fears Grip Market
Bitcoin, ether trade lower as Asia begins its business week.There are mixed bullish and bearish market signals as the week begins.Crypto markets are in the red amid renewed fears of U.S. stagflation, a worse case scenario for risk assets.Bitcoin, the leading cryptocurrency by market value, traded near $62,400 at press time, down 2.5% on a

First Mover Americas: Bitcoin ETNs to Debut on London Stock Exchange
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 PricesTop StoriesThe London Stock Exchange will roll out a market for bitcoin (BTC) and ether (ETH) exchange-traded notes (ETN) on May 28, it said on Monday. The

The State of Staking: 5 Takeaways a Year After Ethereum’s Merge
It’s been a little over a year since Ethereum, the largest smart-contract blockchain, switched out its old energy intensive proof-of-work (PoW) model, used by blockchains like Bitcoin, for proof-of-stake (PoS).The switch, known as the Merge, introduced “staking,” a new way to add and approve a block of transactions to the blockchain.This feature is part of