Latest Crypto News

Policy

FBI Seeks Crypto Industry Help to Track, Block Laundering of Bybit Hack Funds

The FBI reiterated North Korean involvement, and identified the activity as TraderTraitor.

FBI symbol on side of a building.

Markets

BlackRock's Bitcoin ETF Sees Record Daily Outflow as the Basis Trade Starts to Unwind

BlackRock's IBIT saw a record outflow on Wednesday of over $418 million.

FastNews (CoinDesk)

Markets

Metaplanet Seeks to Raise Over $13M From Bond Sale to Buy More Bitcoin

Metaplanet raises 2 billion yen in zero-interest bonds to expand bitcoin holdings.

FastNews (CoinDesk)

Markets

Ether, XRP Down 5% as Crypto’s Painful Week Continues; APT Jumps 10% Amid Aptos ETF Registration in Delaware

Losses in crypto markets mirrored those in U.S. equities after lesser-than-expected earnings from technology stalwart Nvidia failed to wow investors.

Up and Down (CoinDesk archives)

Markets

Bitcoin Registers Biggest 3-Day Price Slide Since FTX Debacle. What Next?

In a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.

woman sliding, falling on snow. (Pezibear/Pixabay)

Finance

CoreWeave Eyes $4B IPO, Could File for U.S. Listing Within a Week: Bloomberg

The AI firm is targeting a valuation of over $35 billion, according to the report.

cloud servers (CoinDesk archives)

Policy

Stablecoins Take Center Stage at Senate's First Digital Assets Subcommittee Hearing

Legislators convened a panel to discuss what stablecoin and market structure bills need to address.

CoinDesk

Policy

SEC Drops Probe Into Gemini, Cameron Winklevoss Demands Recompense

In a Wednesday X post, the co-founder and president of Gemini suggested the SEC publicly fire all staff members involved in the investigation.

CoinDesk

Finance

Bybit and Safe Custody Are at Odds on Who's to Blame for $1.5B Hack

The apparent stand-off mirrors that of WazirX and Liminal Custody, which blamed each other following a $230 million exploit last July.

(Pixabay)

Tech

The Protocol: Ethereum’s Pectra Goes Live on Testnet

Also: Avalanche Visa card launched; EF executive director leaving; hackers using fake GitHub to steal bitcoin.

Hands Mosh

Finance

Core Scientific Stock Surges After $1.2B Expansion of Data Center With CoreWeave

The expansion will significantly increase Core Scientific’s AI and cloud computing capacity and increase total projected revenue to $10.2 billion over 12-year contract terms.

(Getty Images)

Finance

Bitcoin Miners Drawing Power From Grids Will Face 'Reckoning' Post Next Halving, MARA Says

With rising energy cost, many miners may not survive the 2028 halving, MARA said.

Marathon Digital CEO Fred Thiel (CoinDesk "First Mover" screenshot)

Markets

Nvidia Tops Q4 Estimates, Q1 Revenue Outlook of $43B Modestly Ahead of Consensus

Bitcoin remains sharply lower on Wednesday, with AI-Related Tokens Continuing to Outperform

Nvidia CEO Jensen Huang (Nvidia)

Policy

U.S. Appeals Court (Mostly) Affirms 2023 Ruling Tossing Out Uniswap Class Action Suit

Only the state law claims will get another shot.

Uniswap Labs CEO Hayden Adams (Uniswap Labs)

Policy

Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges

The 26-year-old Russian national had been living in Portugal.

Alexey Andryunin