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Policy

Next U.S. Senate Banking Chair Calls Crypto 'Next Wonder' of World

Senator Tim Scott said the Senate will tackle crypto bills, and the incoming chair of the House Financial Services Committee said he hopes to pass them in 2025.

Senator Scott will be the next chairman of the Senate Banking Committee

Markets

How MicroStrategy and Others Are Taking on Billions in Debt to Buy More Bitcoin

Michael Saylor has raised $6 billion in convertible bonds, with $18 billion more to come. His strategy is unprecedented — here’s how it works.

Debt

Opinion

Telegram's Tap-to-Earn Games Will Drive Web3 Gaming's Success in 2025

If Web3 gaming is to reach its full potential as a catalyst for blockchain adoption, it needs to take a page from Telegram’s success.

(Hamster Combat)

Opinion

Staking Will Define Bitcoin's Role in the Global Digital Economy in 2025

As a significant third native use case for bitcoin, staking will increase bitcoin’s impact on the world's stage.

Staking crypto (Jay Radhakrishnan/Getty Images)

Finance

Stablecoin Payments Platform BVNK Raises $50M to Fuel U.S. Expansion

The investment round was led by Haun Ventures and included contributions from Coinbase Ventures and Tiger Global.

Funding (Gerd Altmann/Pixabay)

Policy

U.S. Shuts Down North Korean Crypto Money Laundering Network

OFAC says a front company in the UAE had been converting crypto into cash for North Korea.

North Korea, Kim Jong Un

Finance

Layer-2 Network Fuel to Airdrop 10% of New Token Supply to 200K Wallets

Fuel claims to be the fastest and cheapest Ethereum rollup.

Fuel to airdrop token to more than 200,000 wallets (Getty Images/Unsplash+)

Policy

Nigeria Arrests Almost 800 Over Crypto Scams: Reuters

Nigeria has been clamping down on illegal activity regarding crypto in the country.

Nigerian flag (Emmanuel Ikwuegbu/Unsplash)

Opinion

Decentralization Is Why We Fight for Crypto

Digital asset laws should enshrine decentralization standards, helping to guard against volatility, scams and casino culture, says a16z’s Miles Jennings.

(Geralt/Pixabay)

Finance

Pudgy Penguins PENGU Token Debuts at $2.3B Market Cap

$90 million worth of PENGU has traded in its first hour of release.

Image of several Pudgy Penguin NFTs (Pudgy Penguins)

CoinDesk Indices

CoinDesk 20 Performance Update: XRP Gains 7.9%, Leading Index Higher From Monday

Stellar (XLM) joined Ripple (XRP) as a top performer, rising 6.7%.

9am CoinDesk 20 Update for 2024-12-17: leaders chart

Tech

Ethereum's ENS Identity System Picks Consensys' Tech for Its Layer-2

The Ethereum Name Service's forthcoming Namechain will be based on Linea, a zero-knowledge rollup.

William Gottlieb/CORBIS/Corbis via Getty Images, modified by CoinDesk

Markets

Bitcoin Holder Semler Scientific's Shares Now Available for Options Trading

The medical device company adopted a bitcoin treasury strategy earlier this year and currently holds 2,084 tokens worth roughly $220 million.

Bitcoin, Semler Scientific

Finance

Tether Invests in MiCA-Compliant Stablecoin Issuer StablR

The crypto company behind USDT, the largest stablecoin, decided to shutter its own euro-pegged stablecoin and back smaller issuers that comply with the EU's MiCA regulations.

Tether CEO Paolo Ardoino (Tether)

Policy

ESMA Publishes Final Guidance on MiCA Implementation Days Before Deadline

The regulator is releasing final guidance to help member states get ready for MiCA which is set to take effect imminently, as some nations are trailing behind.

EU flag and other flags (Yuedongzi CHAI/ Unsplash)