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Cautious Bitcoin Bounce to Face Inflation Data Hurdles Later This Week

The downtrend in inflation has stalled so far this year, putting in doubt the odds for any Fed rate cuts in 2024.

May 13, 2024 at 6:57 p.m. UTC
Solana Meme Coins, GameStop Stock Rocket as 'Roaring Kitty' Returns on X

In addition to common stocks, opportunistic crypto developers issued scores of meme coins on various blockchains to capitalize on the hype.

May 13, 2024 at 12:50 p.m. UTC
U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base

President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.

May 13, 2024 at 9:02 p.m. UTC
FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.

May 13, 2024 at 7:31 p.m. UTC
GameStop's Halting Rally Has Crypto Howling

The U.S. stock market has circuit breakers that halt shares sometimes as a safeguard. That's funny to crypto folks.

May 13, 2024 at 3:54 p.m. UTC
Crypto Exchange Rain Hit by $14.8M Exploit: ZachXBT

The hack occurred on April 29, ZachXBT said.

May 13, 2024 at 2:53 p.m. UTC

Live Wire

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May 10, 2024 at 8:31 a.m. UTC
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May 10, 2024 at 4:26 p.m. UTC
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May 10, 2024 at 8:26 p.m. UTC
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Consensus 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 lawyer specializing in the crypto industry at Geneva Legal, 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
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
(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

Markets

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Policy

Chinese-owned MineOne is said to have built a crypto mining operation within a mile of a U.S. missile base. (Warren Air Force Base)

U.S. Blocks China-Tied Crypto Miners as 'National Security Risk' Near Nuke Base

President Biden ordered a halt to the MineOne operation near Warren Air Force Base, citing Chinese ownership, foreign technology and proximity to a strategic missile base.

May 13, 2024
CFTC headquarters (Jesse Hamilton/CoinDesk)

FalconX Settles With CFTC for $1.8M Over Failure to Register as Futures Commission Merchant

In addition to paying monetary penalties, FalconX must stop providing U.S.-based customers access to crypto derivatives trading platforms.

May 13, 2024
Two U.S. senators wrote to Attorney General Merrick Garland to complain about the prosecution of crypto mixers. (Jesse Hamilton/CoinDesk)

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.

May 13, 2024
China digital yuan (Eliza Gkritsi/CoinDesk)

China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report

Most early users immediately transfer the digital yuan balances to their bank accounts to spend as cash.

May 13, 2024
NASHVILLE, TENNESSEE - OCTOBER 22: U.S. President Donald Trump and Democratic presidential nominee Joe Biden participate in the final presidential debate at Belmont University on October 22, 2020 in Nashville, Tennessee. This is the last debate between the two candidates before the election on November 3. (Photo by Chip Somodevilla/Getty Images)

Trump and Biden Tied on Polymarket, Diverging From Polls

Other election contracts show a 35% chance of a Republican sweep of the presidency and both houses of Congress and a 27% chance Democrats control the Senate after the election...

May 13, 2024
(chinahbzyg/Shutterstock)

Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Police in Panshi City, Jilin arrested six people for running an "underground bank."

May 13, 2024