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Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves

KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

May 10, 2024 at 10:27 a.m. UTC
TON, RNDR Surge More Than 13% as Bitcoin Rebounds to $63K

Apple's brief mention of Render-powered 3D design software Octane cheered bulls on RNDR.

May 10, 2024 at 12:11 p.m. UTC
EigenLayer's EIGEN Airdrop Might Signal Demise of Once-Popular 'Points'

EIGEN's airdrop comes after a wave of criticism of its distribution plan and points program.

May 9, 2024 at 11:12 p.m. UTC
Sexual Misconduct Allegations Lead Founder of Ethereum Layer-2 Chain 'Eclipse' to Step Back

Neel Somani, founder of Ethereum scaling chain Eclipse, said multiple sexual misconduct allegations circulating against him on X were "false."

May 9, 2024 at 10:10 p.m. UTC
Influencer-Investors Get Perks to Pitch Tokens: Inside Crypto's 'KOL' Economy

Unlike paid shills of yore, "key opinion leaders" invest in the projects they promote on social media. In return for buzz, they can sell tokens sooner than other investors.

May 9, 2024 at 5:26 p.m. UTC
Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats

Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.

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

Live Wire

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By Omkar Godbole
May 7, 2024 at 6:32 a.m. UTC
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Markets
By Omkar Godbole
May 10, 2024 at 8:31 a.m. UTC

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Consensus 2024

Hyperbolic CEO Jasper Zhang (Hyperbolic)

Math Olympian in Shadow of John Nash Tries to Solve Blockchain, AI Trust Dilemma

Hyperbolic, the two-year-old startup focused on decentralized AI computing, said that it is introducing a protocol called “Proof of Sampling,” aimed at addressing challenges w...

May 9, 2024
SEC Commissioner Hester Peirce (Danny Nelson/CoinDesk)

'What Are We Waiting for'? SEC Commissioner Hester Peirce Discusses Moving Crypto Regulation Forward

Known for her fiery dissenting opinions, "Crypto Mom" discusses how the SEC operates, why she wants to see crypto thrive and her "Safe Harbor" proposal to allow projects to de...

Apr 10, 2024
(Kgothatso Ngako)

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is a speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

May 8, 2024
(John Deaton)

‘I'm a Pro-Freedom Candidate’: John Deaton on his Senate Race With Elizabeth Warren

The election pits a fierce crypto advocate against one of its biggest political opponents. Deaton is a speaker at this year's Consensus festival, in May.

Apr 15, 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
Casey Rodarmor, who shook up Bitcoin with Ordinals (Rhett Mankind)

Casey Rodarmor: The Bitcoin Artist

His "Ordinals Theory," allowing data inscription on Bitcoin, generated a backlash from Bitcoiners who said it will ruin the network. But Rodarmor remains undeterred.

Dec 4, 2023







Policy

New Delhi, India (Unsplash)

Binance, KuCoin Win Registration From India Anti-Money Laundering Regulator as Crypto Credibility Improves

KuCoin paid a fine of $41,000 and Binance's financial penalty is still to be determined after a hearing with the FIU.

May 10, 2024
Stand With Crypto Chief Strategist Nick Carr (Nikhilesh De/CoinDesk)

Stand With Crypto Sets Up Election War Chest, Backs Candidates Seeking Open Seats

Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.

May 10, 2024
Screenshot from Kraken's promotional materials for its new wallet (CoinDesk/Kraken)

Kraken Asks Court to Dismiss SEC Claims to Avoid 'Significant Reordering' of U.S. Financial Structure

Judge William H. Orrick is scheduled to hear the matter on June 12.

May 10, 2024
Russian President Vladimir Putin. (DimitroSevastopol/Pixabay)

Exiled Russian Opposition Leader Launches Blockchain-Based Referendum on Vladimir Putin’s Election Win

The new Arbitrum-powered tool could give Russians critical of Putin a way to anonymously voice their displeasure.

May 10, 2024
Prometheum, whose controversial approach to U.S. crypto compliance got co-CEO Aaron Kaplan invited to testify in Congress, says it's close to launch. (Screen capture/U.S. House Financial Services Committee)

Prometheum's Contentious Answer to Crypto Compliance Is Running Late

The startup's plan to launch a custody operation followed by SEC-compliant crypto trading missed its first-quarter target, but the firm says it's just finishing up some techni...

May 9, 2024
Binance Logo (Danny Nelson/CoinDesk)

Binance Fined $4.3M by Canadian Financial Regulator for ‘Administrative Violations’

FINTRAC said Binance failed to register as a foreign money services business and neglected to report nearly 6,000 transactions over $10,000.

May 9, 2024