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Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources

After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matt...

May 15, 2024 at 3:43 p.m. UTC
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K

In a year of mostly bad news on inflation, the government's Wednesday report gave some hope that Fed rate cuts might still be on the table.

May 15, 2024 at 12:42 p.m. UTC
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
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
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
Vanguard, Avowedly Anti-Crypto, Names Bitcoin-Friendly Ex-BlackRock Exec as CEO

Samil Ramji, who led BlackRock’s ETF business including the launch of the firm’s spot bitcoin product, departed the firm in January.

May 14, 2024 at 10:35 p.m. UTC

Live Wire

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By Helene Braun
May 14, 2024 at 2:47 p.m. UTC
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By Shaurya Malwa
May 13, 2024 at 10:52 a.m. UTC
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By Sam Reynolds
May 14, 2024 at 5:33 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

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Policy

The DOJ announced the first charges tied to MEV. (Shutterstock)

Brothers Accused of $25M Ethereum Exploit as U.S. Reveals Fraud Charges

The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value.

May 15, 2024
U.S. Capital building (Matt Anderson/Getty Images)

House Resolution to Overturn Controversial SEC Rule Likely to Pass in Senate: Sources

Critics of the SEC bulletin argue it constrains companies unfairly.

May 15, 2024
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