Tether Stability Made It the Safest Stablecoin Bet Amid U.S. Banking Crisis, Analysts Say

Floki (FLOKI) spiked over 10% on Sunday and saw its highest trading volumes in over three weeks as traders bet on the tokens amid a China-focused push for its Valhalla metaverse game.Trading volumes for the tokens, which are fashioned after the Shiba Inu dog breed, jumped to over $60 million, up from last week’s $25…

Apr 20, 2020 at 16:00 UTCBitcoin volatility points to big things coming while a DeFi protocol loses $25 million overnight. It's CoinDesk's Markets Daily Podcast.Today's stories:For early access before our regular noon Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica or RSS.Disclosure Read More The leader in blockchain news, CoinDesk is a media outlet that strives for the…

Hacker returned $23 million worth of ether to Gala Games after Monday's exploit.CEO Eric Schiermeyer said "will probably buy and burn."Gala investor DWF Labs also said that it had purchased 28 million GALA tokens.Gala Games has received nearly $23 million worth of ETH tokens from the hacker who on Monday minted and then sold hundreds

Krisztian Sandor is a reporter on the U.S. markets team focusing on stablecoins and institutional investment. He holds BTC and ETH.Beleaguered cryptocurrency lender Celsius Network staked some $75 million of ether (ETH) last week via Figment, an institutional-grade staking service, blockchain data shows.According to data by crypto intelligence firm Arkham Intelligence, Celsius transferred some 40,928…

Open interest in SHIB futures has crossed above $100 million, hinting at speculative froth.One analyst said that the supply-demand imbalance for bitcoin has grown to 1:10, indicating a rally to record highs this week.Speculative excess is building in the crypto market, suggesting caution to bitcoin (BTC) bulls as the leading cryptocurrency by market value looks

The world of cryptocurrencies and digital assets is currently in transition from a largely unregulated world of innovation into a much more regulated and structured world of large companies and organized product offerings.The opportunity for blockchain-based digital assets is enormous because, large though they might seem, offshore assets are a pretty small share of total

opinion Dovey Wan is a partner at Primitive Ventures, a crypto asset investment fund, and a member of CoinDesk’s advisory board. This essay is presented as a part of No Closing Bell, a series leading up to Invest: Asia 2019 focused on how the Asian crypto markets are interacting with and impacting global investors. To…

Today’s internet is dominated by an oligarchy of large tech companies like Amazon, Apple, Meta and Google. These companies control the closed networks through which we experience the internet (social media, search engines, online shopping, etc.) and they’ve used this control to do what corporations are legally designed to do: maximize profits.Miles Jennings, general counsel

Privacy-focused bitcoin wallet Samourai is dropping fiat conversions from its platform, the company announced Friday. The Samourai Wallet's latest release includes a number of changes, including the fact that it is now available in 12 different languages, according to a blog post. However, the most significant change will see the three-year-old platform change from showing…