CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates.
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Crypto Custody Firm BitGo to Sue Galaxy Digital for Abandoning $1.2B Merger Agreement
Galaxy Digital had previously agreed to acquire the crypto custodian for $1.2 billion.
DeFi Platform Acala’s Stablecoin Falls 99% After Hackers Issue 1.3B Tokens
A bug in the protocol’s newly-deployed iBTC-aUSD liquidity pool left the door wide open for hackers to exploit.
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Shiba Inu, Dogecoin Jump as Risk-On Behavior Returns to Crypto Markets
Futures tracking the two tokens saw over $25 million in liquidations in the past 24 hours.
Zipmex Crypto Exchange Gets Over 3 Months of Creditor Protection in Singapore: Report
Cryptocurrency exchange Zipmex has been granted creditor protection until December by Singapore's high court, according to a Bloomberg report.
Live Wire
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Discovery
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Nominate Your School for the 2022 Best Universities for Blockchain
CoinDesk announces the kickoff of its 2022 Best Universities for Blockchain and calls for nominations around the world. We're giving away Consensus tickets to participating schools.
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Why Economic Wars Are Inflationary
NLW reads select excerpts from Zoltan Pozsar, on why our understanding of inflation might be fundamentally mistaken.
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Hash Headlines: Top Stories of the Week 08-13-22
A roundup of the week’s most valuable crypto stories for Saturday, Aug. 13, 2022.
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Crypto News Roundup for Aug. 12, 2022
With BTC and ETH suffering from small declines after a strong week for the crypto market, plus a look at what the U.S. Treasury learned about trying to squash an open-source smart contract, CoinDesk’s “Markets Daily” is back with the latest news roundup.
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What the Tornado Cash Sanction Means for Privacy Coins
The U.S. government’s sanction of a key Ethereum application shows the need for privacy tools in crypto, a privacy advocate says.
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Are Crypto Mixers Legal?
Crypto mixers or blenders, like Tornado Cash, can be used to enhance user privacy and make cryptocurrency transactions more anonymous. However, some services have long been abused by illicit actors to launder money.
Trending in Crypto
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Markets
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First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected
The latest price moves in bitcoin (BTC) and crypto markets in context for August 10, 2022.
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Business
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Blockchain Services Firm Eqonex Closes Crypto Exchange, Citing Volatility and Dwindling Volume
Eqonex Limited has closed its crypto exchange in order to focus on its custody and asset management business.
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Miner Chandler Guo Repeats Support for Ethereum Fork Post-Merge
Chandler Guo, a prominent Ethereum miner, joined CoinDesk TV’s “First Mover,” to discuss his support for the blockchain’s upcoming proof-of-work fork.
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Crypto Venture Capital Firm Dragonfly Buys Hedge Fund MetaStable Capital: Report
Dragonfly has also rebranded itself, according to Bloomberg.
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Galaxy Digital Abandons $1.2B Plan to Acquire Crypto Custody Firm BitGo
The $1.2 billion acquisition was announced May 2021 and was expected to close by the end of that year.
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