Say Hello to SmartDrops: The New Way to Give Away Free Crypto

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Shaurya is the Co-Leader of the CoinDesk tokens and data team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April…

GameStop's 900% gain (and the wipeout of Wall Street shareholders) is the talk of financial markets from stocks to crypto.(GameStop, modified by CoinDesk)Jan 29, 2021 at 10:28 p.m. UTCAll Over the World, Small Investors Jump Into the GameStop FrenzyThe world is watching U.S. markets with great interest, and more than a little FOMO, as Reddit…

On Thursday, Sotheby's concluded another sale of non-fungible token (NFT) artwork seized from bankrupt crypto hedge fund Three Arrows Capital (3AC), bringing in over $10.9 million in sales.The live auction took place in New York and included pieces from the "Grails" collection. In total, there were 37 works from generative artists like Dmitri Cherniak, Tyler…

Dapper Labs CEO Roham Gharegozlou confirmedNon-Fungible on Twitter Thursday morning Asia time that the company has laid off 51 staff amidst a prolonged crypto winter in the Non Fungible Tokens (NFT) market.This is the third round of layoffs the company has gone through in the last twelve months. In February, it announced it was laying…

Jul 15, 2020 at 16:00 UTCBitcoin News Roundup for July 15, 2020As the race for Central Bank Digital Currencies heats up, CoinDesk’s Markets Daily is back for your bitcoin news roundup! For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS. This episode…

news Blockstream has launched a colocation mining service and already counts the Fidelity Center for Applied Technology and LinkedIn founder Reid Hoffman as customers. On Thursday, the bitcoin and blockchain technology firm announced a new mining wing, Blockstream Mining, along with a BetterHash-based mining pool, Blockstream Pool. Led by cryptographer Dr. Adam Back, Blockstream is best…

The owner of the stablecoin TrueUSD (TUSD) have taken full control of its operation more than two and a half years after purchasing it from crypto firm ArchBlock.Techteryx, a British Virgin Islands-incorporated firm, bought the business in December 2020, since then the previous owner ArchBlock has continued to manage its operations.Techteryx assumed "full management full…

Yuga Labs, the Web3 behemoth behind Bored Ape Yacht Club, has agreed to acquire Los Angeles-based Roar Studios as part of its efforts to expand its Otherside metaverse and create entertaining social experiences for Web3 communities.Roar Studios was founded in 2021 by entertainment executive Eric Reid and sits at the intersection of music, gaming and…

Jul 27, 2020 at 21:44 UTC(BitInfoCharts Block Explorer/CoinDesk Research)A second private sale of the Polkadot token (DOT) netted the Web3 Foundation and Parity Technologies some 3,982.07 bitcoin (BTC) worth an estimated $43.3 million at press time, according to sources. A Bitcoin address shared with CoinDesk saw 1,059 transactions beginning July 24 at 5:22 UTC. The…