Latest Crypto News

Markets

Costa Rica Makes First Foray Into Crypto with New Bitcoin ETF

It will mark the first time that Costa Ricans will have access to any type of crypto investment product through the country's banking system.

Toucan in Costa Rica. Credit: Zdeněk Macháček

Markets

Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack

The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.

Bitcoin continued its downtrend of recent days. (Getty Images)

Finance

Bybit Loses $1.5B in Hack but Can Cover Loss, CEO Confirms

A portion of staked ether is currently being liquidated on decentralized exchanges.

Bybit CEO Ben Zhou (Danny Nelson/ CoinDesk)

Markets

Bybit Makes Liquidation Data More Transparent Aiming to Lure Institutional Investors

The move is meant to help lure instituional investors and improve market transparency.

Price chart on an exchange (Nick Chong/Unsplash)

CoinDesk Indices

CoinDesk 20 Performance Update: Litecoin (LTC) Gains 6.8%, Leading Index Higher

Polkadot (DOT) was also among the top performers, rising 4.9% from Thursday.

CoinDesk

Markets

COIN Jumps 5%, HOOD Gains 4%, BTC Challenges $100K as SEC Set to Drop Case Against Coinbase

The agency's withdrawal of the lawsuit could boost crypto prices, marking a milestone in U.S. regulatory oversight for the digital asset industry.

FastNews (CoinDesk)

Markets

SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities

More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.

Robinhood shares could benefit from SEC dropping Coinbase case. (Shutterstock)

Policy

SEC Poised to Drop Coinbase Lawsuit, Marking Big Moment for U.S. Crypto

The company says the commission will vote on a deal negotiated by staff to abandon the enforcement case at the core of the agency's previous crypto stance.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Finance

Bitcoin Treasury Bandwagon Reaches Africa as Altvest Jumps on Board

The South African alternative investment firm has bought one bitcoin.

South Africa is classifying crypto assets as financial products. (Shutterstock)

Markets

Crypto Market Faces Weak Demand, Needs Trump Initiatives to Kick In, JPMorgan Says

Institutional crypto futures positioning suggests a weakness in demand, the report said.

JPMorgan (Shutterstock)

Tech

Ye, Self-Proclaimed 'Nazi' Who Said 'Coins Prey on Fans,' Plans YZY Token

Seventy percent of YZY tokens will go to Ye (a.k.a. Kanye West), personally.

Ye, the rapper formerly known as Kanye West, is planning to launch a token. (Edward Berthelot/Getty Images)

Markets

Bitcoin Hashrate Growth Slows Amid Tough Market Conditions for Smaller Miners

The latest MinerMag report shows a slowdown in Bitcoin hashrate growth amid shifting market conditions.

Bitcoin ASIC miner (CoinDesk Archives)

Tech

Vitalik Buterin Disappointed With Embrace of Blockchain “Casinos”

The comments came during an ask-me-anything session.

Vitalik Buterin

Policy

European Central Bank to Work on Settlement System for Distributed-Ledger Transactions

The two-stage process will start with a link to the existing Target system.

European Union flag (Christian Lue / Unsplash)

Policy

New SEC Cyber Unit Closes Chapter on Agency's Crypto Enforcement Emphasis

The SEC's Republican leaders have shifted what had been a crypto-focused enforcement squad into a smaller group with a broader responsibility.

SEC GOP contingent