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Lido Co-Founders, Paradigm Secretly Back EigenLayer Competitor as DeFi Battle Lines Form

The popularity of new blockchain "restaking" protocols led by EigenLayer has drawn a response from the principals behind the liquid staking platform Lido, which itself burst o...

May 14, 2024 at 10:32 p.m. UTC
Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say

Bitcoin's mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners' revenue.

May 15, 2024 at 7:30 a.m. UTC
Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

May 15, 2024 at 9:11 a.m. UTC
Cahill Gordon & Reindel Beefs Up Crypto Practice, Adds 3 Crypto-Native Lawyers Including Lewis Cohen

Lewis Cohen will co-chair the firm’s digital assets and emerging technology practice alongside former SDNY prosecutor Samson Enzer.

May 15, 2024 at 10:00 a.m. UTC
Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison

Salame's attorneys highlight that he wasn't involved in the core fraud perpetuated by Sam Bankman-Fried, and he has had nearly his entire net worth destroyed by the implosion...

May 15, 2024 at 5:46 a.m. UTC
Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord

The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered th...

May 15, 2024 at 10:17 a.m. UTC

Live Wire

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Finance
By Helene Braun
May 14, 2024 at 2:47 p.m. UTC
2
Markets
By Shaurya Malwa
May 13, 2024 at 10:52 a.m. UTC
3
Finance
By Sam Reynolds
May 14, 2024 at 5:33 a.m. UTC
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By Omkar Godbole
May 10, 2024 at 8:31 a.m. UTC

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Consensus 2024

(Irthu Suresh)

Irthu Suresh: Using Blockchain Tech to Reduce Water Shortages

The founder of the Atlantis water exchange is a speaker at this year’s Consensus festival in Austin, Texas, May 29-31.

May 14, 2024
(The Sandbox's Nicola Sebastiani)

‘We're Doing it, We Believe in it’: The Sandbox’s Nicola Sebastiani on Bringing Gaming to the Metaverse

The Chief Content Officer, who is speaking at Consensus this month, says 280,000 Sandbox users are now generating creating games and experiences on the platform.

May 13, 2024
Tarun Chitra, chief executive officer of Gauntlet, math lover and DeFi risk expert, talks to CoinDesk ahead of Consensus 2024.

DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism' Is a Real Consumer Product

The Gauntlet founder talks about the state of crypto ahead of Consensus 2024.

May 13, 2024
(Fatemeh Fannizadeh)

Fatemeh Fannizadeh on Crypto Law, Switzerland and How KYC Is Failing

Fannizadeh, a Swiss lawyer and strategic advisor specializing in the crypto industry, is a speaker at this year’s Consensus festival, May 29-31, in Austin, Texas.

May 10, 2024
Messari CEO and founder Ryan Selkis.

Ryan Selkis Goes to Washington

Ryan Selkis built a political fundraising machine for crypto that's ready to sway elections in 2024. That's why the Messari founder is one of CoinDesk's Most Influential peopl...

Dec 4, 2023
Sergey Nazarov (Mason Webb/CoinDesk)

Sergey Nazarov: The Crypto Oracle

Chainlink is where digital assets meet the real world, and Nazarov is predicting TradFi and crypto will become intertwined.

Dec 4, 2023







Policy

Hong Kong (Ruslan Bardash / Unsplash)

Huobi Hong Kong Withdraws License Application for the Second Time

HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.

May 15, 2024
Lewis Cohen (right) (CoinDesk archives)

Cahill Gordon & Reindel Beefs Up Crypto Practice, Adds 3 Crypto-Native Lawyers Including Lewis Cohen

Lewis Cohen will co-chair the firm’s digital assets and emerging technology practice alongside former SDNY prosecutor Samson Enzer.

May 15, 2024
Former U.S. President Donald Trump (left) and current U.S. President Joe Biden during a debate in the 2020 election. (Mario Tama/Getty Images)

Crypto's Election Season Is Kicking Off

Crypto is looking to play a bigger role than ever in this year's elections. We want to know how big.

May 15, 2024
Ryan Salame leaving a New York courthouse on Sept. 7, 2023. (Sam Kessler/CoinDesk)

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison

Salame's attorneys highlight that he wasn't involved in the core fraud perpetuated by Sam Bankman-Fried, and he has had nearly his entire net worth destroyed by the implosion...

May 15, 2024
(Roibu/Shutterstock)

The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say

Crypto-focused PACs are shaping the outcome of certain key Congressional elections.

May 14, 2024
J. Christopher Giancarlo, the former chairman of the U.S. Commodity Futures Trading Commission, is joining the Paxos board. (Shutterstock/CoinDesk)

'CryptoDad' Giancarlo Joins Paxos Board

J. Christopher Giancarlo, a former chief of the U.S. Commodity Futures Trading Commission, has joined the board of directors for the firm that issues the PayPal stablecoin.

May 14, 2024