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Polygon's Secret Deal: Sending DraftKings Millions to Run Failed Validator

Blockchain data shows the crypto project quietly gave DraftKings preferential treatment while telling the public it was an "equal" member of the validator community.

Nov 30, 2023 at 12:00 p.m. UTC

Bitcoin Going From Boiling the Oceans to Draining Them, According to Critic

A data scientist for the Dutch National Bank, Alex De Vries, claims every bitcoin transaction uses enough water to fill a swimming pool.

Nov 30, 2023 at 8:03 p.m. UTC

Republicans' Leadership Squabbles Delayed U.S. Crypto Bills Until 2024, Key Lawmakers Say

Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.

Nov 30, 2023 at 9:47 p.m. UTC

Paying for Use Slows Down Crypto's Search for a Use Case

CoinDesk's Danny Nelson reported that Polygon paid DraftKings to be on the network, a furtive deal that only misrepresents consumer choice.

Nov 30, 2023 at 7:24 p.m. UTC

World's Largest Bitcoin Futures ETF Breaks 2021 Record Highs for Assets Under Management

ProShares' BITO now has $1.47 billion in holdings, as a flurry of bitcoin ETF applications in the U.S. seemingly spurs institutional interest in the asset.

Nov 30, 2023 at 10:40 a.m. UTC

MicroStrategy Bought $600M of BTC in November, Increased Holdings by 10%

MicroStrategy is also looking to raise up to $750 million in a sale of class A common stock.

Nov 30, 2023 at 2:41 p.m. UTC

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By Lyllah Ledesma
Nov 28, 2023 at 5:24 p.m. UTC
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Nov 29, 2023 at 4:58 p.m. UTC
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Nov 29, 2023 at 10:46 a.m. UTC
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Nov 29, 2023 at 11:52 a.m. UTC


The Protocol Wide

Leadership Turmoil Hits Cosmos, ENS and Unstoppable Domains Fuel Tech Ownership Debate and More

Cosmos faces internal leadership challenges, with its founder advocating for a 'hard fork.' Concurrently, the Ethereum Name Service founder contemplates challenging Unstoppabl...

Nov 30, 2023
Unchained Wide

Why the Crypto Industry Is So Upset About the IRS’ Proposed New Tax Reporting Rules

A pair of crypto industry tax experts describe the problems with the tax agency’s new reporting proposals and suggest alternatives.

Nov 29, 2023
Scene from Protocol Village at Consensus 2023 in Austin, Texas.

Protocol Village: ARPA's Random Number Generator Launches on Base

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Nov. 23-29, with live updates throughout.

Nov 30, 2023
Markets Daily Wide

Featured Story | Bitcoin and the Changing Definition of 'Safety'

When supposedly safe investments like bonds and stocks underperform, what does that mean for our view of apparently risky investments like bitcoin? Noelle Acheson offers her t...

Nov 26, 2023
Ali Yahya, general partner, a16z.

Ali Yahya, Andreessen Horowitz: 'Many Fair Weather VCs Have Pivoted'

A16z’s general partner tells Jeff Wilser why the blue-chip venture fund is "100% committed on crypto as a space."

Nov 20, 2023
The U.S. Internal Revenue Service has been poised to propose major tax rules for crypto. (Jesse Hamilton/CoinDesk)

The IRS Is Making Crypto Compliance Impossible

The 6045 digital asset broker regulations are likely to greatly increase the cost of filing your crypto taxes, says Kirk David Phillips, CPA.

Nov 13, 2023