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Biden Overtakes VP Harris as Likeliest Dem Nominee on Polymarket During President's Press Conference (Update)

The president said he plans to stay in the race but "it's important that I allay fears."

Jul 11, 2024 at 10:47 p.m. UTC
Crypto Bulls Frustrated as Bitcoin and Stocks Recouple – to the Downside

A continuing series of record highs for the S&P 500 and Nasdaq over the past weeks has done nothing to prop up sliding crypto prices, but Thursday saw both asset classes tumbl...

Jul 11, 2024 at 4:46 p.m. UTC
Iris Energy Has Committed Most of Childress Site to Expansion of Bitcoin Mining: Bernstein

The bitcoin miner’s shares slumped yesterday after a Culper Research report said the site was unsuitable for artificial intelligence and high-performance computing.

Jul 12, 2024 at 9:08 a.m. UTC
OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources

OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU reg...

Jul 11, 2024 at 6:41 p.m. UTC
Coinbase Unveils Web App to Track Personal On-Chain Wallets

The app is available on both desktops and mobile devices.

Jul 11, 2024 at 4:00 p.m. UTC
SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

Jul 11, 2024 at 4:50 p.m. UTC

Live Wire

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Consensus Magazine
By Jeff Wilser
Jul 8, 2024 at 12:58 p.m. UTC
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Consensus Magazine
By Alena Shmalko
Jul 8, 2024 at 6:53 p.m. UTC
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Markets
By Krisztian Sandor
Jul 11, 2024 at 6:34 p.m. UTC

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Decentralized Physical Infrastructure Networks (DePIN) use blockchains to incentivize communities to create shared real-world services. Follow CoinDesk for continuing coverage of one of the hottest areas of the Web3 economy.


Discovery

(White House, modified by CoinDesk)

Everyone at Consensus 2024 Is Talking About Biden’s Crypto Flip Flop. Is He for Real?

Attendees are cautiously optimistic about apparent regulatory and legislative changes, though not everyone is convinced.

May 30, 2024
(Tom S/Unsplash, modified by CoinDesk)

Why Decentralized AI Is Gaining Steam

A year ago, “Crypto+AI” sounded like a game of “VC mad libs.” Now, as real-world applications begin to emerge, the idea makes much more sense. Jeff Wilser, who is hosting the...

May 23, 2024
Joe Lubin, founder and CEO of Consensys, discusses Ethereum's political prospects. (Shutterstock/CoinDesk/Suzanne Cordiero)

Crypto Is a Core American Issue, Consensys’ Joe Lubin Says

The Ethereum co-founder discusses why his firm decided to sue the SEC on stage at Consensus 2024.

May 29, 2024
Misty valley in Leeds, Yorkshire with electricity pylons

DePIN Can Rebuild the Grid From the Bottom Up

As the U.S. electricity grid struggles with wide scale outages, crypto-powered demand response programs can save customers billions. These decentralized generative energy netw...

Jun 28, 2024
Mike Novogratz, Galaxy founder and CEO, discusses the practical changes that would follow Democratic support of crypto. (CoinDesk/Shutterstock/Suzanne Cordiero)

Meet Mike Novogratz, the Political Commentator

In an interview at Consensus 2024, the Galaxy Digital CEO was asked about a plethora of regulatory and legislative issues affecting crypto.

May 31, 2024
(Chris Dixon, modified by CoinDesk)

Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto

The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”

Jan 31, 2024







Policy

SEC Chair Gary Gensler (Nikhilesh De/CoinDesk)

Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler

The New York judge overseeing the SEC’s case against Coinbase said the crypto exchange’s attempts to subpoena Gensler’s personal devices were surprising – “and not in a good...

Jul 11, 2024
OKX's planned European hub of Malta (Nick Fewings/Unsplash)

OKX Picks Malta Over France as Europe Hub to Comply With EU's MiCA Crypto Rules: Sources

OKX previously said in May 2023 that France would be its preferred European hub. "Compliance in Malta is way more lenient," said a person with direct knowledge of OKX's EU reg...

Jul 11, 2024
U.S. senators questioned several of President Joe Biden's regulator nominees, including on crypto issues. (Jesse Hamilton/CoinDesk)

SEC Commissioner Grilled on Bitcoin ETFs as Senators Weigh U.S. Regulator Nominees

Crypto wasn't a major topic in a four-person confirmation hearing before the Senate Banking Committee, though SEC Commissioner Crenshaw was questioned on bitcoin ETFs.

Jul 11, 2024
SEC Chair Gary Gensler (Nikhilesh De/CoinDesk)

U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance

In the saga to overturn the SEC's crypto accounting policy – SAB 121 – lawmakers failed to overturn President Joe Biden's veto.

Jul 11, 2024
DAOs fall under existing law in England and Wales, Law Commission says (Reinaldo Sture/Unsplash)

DAO-Specific Legislation Isn't Needed Yet, English Legal Body Says

The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.

Jul 11, 2024
John J. Ray has worked to clawback funds spend by the previous operators of the defunct FTX exchange. (Wikimedia Commons)

Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan

Jump Trading's Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol's current market cap.

Jul 11, 2024