Coinbase Soars Amid Spot Bitcoin ETF Optimism; Former FTX Executive in the Hot Seat
Coinbase Soars Amid Spot Bitcoin ETF Optimism; Former FTX Executive in the Hot Seat
“CoinDesk Daily” host Jennifer Sanasie discusses the hottest stories in crypto, including a closer look at why Coinbase's stock is jumping in the last 24-hours. Federal prosec...
Coinbase Soars Amid Spot Bitcoin ETF Optimism; Former FTX Executive in the Hot Seat

Algofi to shut down its DeFi protocol (Nastuh Abootalebi/Unsplash)
DeFi Protocol Holding 55% of Algorand Value to Shut Down
Algofi will close following a sharp drop in activity on the Algorand blockchain.
Algofi to shut down its DeFi protocol (Nastuh Abootalebi/Unsplash)

Algorand founder Silvio Micali speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)
Algorand Cuts Block Time After New Upgrade
The protocol upgrade includes several improvements intended to make application development faster and more cost-efficient.
Algorand founder Silvio Micali speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)

A bankruptcy judge ruled on the BlockFi case (Pixabay)
Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets
The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.
A bankruptcy judge ruled on the BlockFi case (Pixabay)

(Sasun Bughdary/Unsplash)
Algorand Foundation Among Creditors Opposing Restructuring of Troubled Crypto Exchange Hodlnaut
The Algorand Foundation declared $35 million in exposure to the lender in September.
(Sasun Bughdary/Unsplash)

Staci Warden, Algorand Foundation CEO (CoinDesk TV)
Algorand Aims to Help Developers Transition to Web3 With AlgoKit
The tool suite is designed to be an easy on-ramp for Web2 developers shifting to Web3 and developers from other chains who want to test out Algorand.
Staci Warden, Algorand Foundation CEO (CoinDesk TV)

Algorand founder Silvio Micali speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)
The Algorand Foundation Branches Out to India
AlgoBharat claims it will support India’s transformation from the Web2 to Web3 space.
Algorand founder Silvio Micali speaks at Crypto Bahamas 2022. (Danny Nelson/CoinDesk)

Those who stake tokens on the Algorand platform will no longer be able to receive their rewards through Coinbase. (DRL)
Crypto Exchange Coinbase Suspends Algorand Staking Rewards
The move follows Kraken's agreement with the SEC to shut down its staking service in the U.S.
Those who stake tokens on the Algorand platform will no longer be able to receive their rewards through Coinbase. (DRL)

Algorand CFO Matthew Commons (Algorand Inc.)
Blockchain Protocol Algorand Hires Its First CFO
The new finance chief has several years of crypto and TradFi experience.
Algorand CFO Matthew Commons (Algorand Inc.)

MyAlgo was hit by $9.6 million attack. (Mika Baumeister/Unsplash)
Algorand Wallet MyAlgo Advises Users to Withdraw Funds After $9.6M Exploit
John Woods, chief technology officer of the Algorand Foundation, said 25 wallets were affected.
MyAlgo was hit by $9.6 million attack. (Mika Baumeister/Unsplash)