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The Latest Breaking News from CoinDesk

Cryptocurrency Firms Announce Layoffs In Bearish Market: What You Need To Know

Numerous cryptocurrency firms globally are firing significant shares of their workforce in the wake of bearish market sentiment. What Happened: The last week has seen major cryptocurrency exchanges and companies, such as Gemini, 2TM and Bitso, dismiss dozens of employees.

Benzinga

Cawthorn Made Undisclosed Trades In 'Let's Go Brandon' Coin: Report

On-chain analysis shows that Rep. Madison Cawthorn made several undisclosed trades of Ethereum (CRYPTO: ETH) based token Let's Go Brandon (CRYPTO: LGB).

Benzinga

Coinbase's 'Audacious' India Strategy Deemed A Mistake By Crypto Experts

From suggesting a legal move against RBI in a tweet to calling out the government's "

Benzinga

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Lockheed Martin And Crypto Firm Explore Hosting A Blockchain In Space

Defense contractor Lockheed Martin Corporation (NYSE: LMT) and Filecoin (CRYPTO: FIL) are looking into hosting a blockchain network in outer space.

Benzinga

Copy-Paste Error Sends $36M In Crypto To Wrong Wallet

“We f**ked up big time,” Daniel Hwang, one of the Juno (CRYPTO: JUNO) blockchain validators, told CoinDesk on Friday.

Benzinga

DAO Forfeits Millions Of Dollars Of Tokens, Conflict Ensues

The decentralized autonomous organization (DAO) governing the Juno (CRYPTO: JUNO) ecosystem voted to confiscate millions of dollars worth of JUNO tokens and the investor who saw his money endangered is considering legal action.

Benzinga

Instagram Hack Leads To Millions Of Dollars Worth Of Bored Ape Yacht Club NFTs Stolen

The hack of a major social media platform led to the theft of several NFTs from one of the most well-known non-fungible token collections of all time.

Benzinga

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EU To Begin Discussions Around Anti-Money Laundering Laws For Bitcoin, Ethereum, Dogecoin Tomorrow

The European Union’s parliament, commission, and council are all set to begin the talks on the controversial anti-money laundering rules for cryptocurrency transactions on Thursday, according to CoinDesk.

Benzinga

$48M Jack Dorsey Tweet NFT Sees Top Bid Of Just Under $280

Last week, the world’s first-ever tweet NFT was re-listed for sale at $48 million. The auction ended on Wednesday with a top offer of just under $280.

Benzinga

Pudgy Penguins Founders Sell Control: How New Leadership Is Boosting The Floor Price

Benzinga

Coinbase CEO Slams EU Over New Proposals For Bitcoin, Ethereum, Dogecoin Transactions; Parliament Passes It Anyway

European Union lawmakers on Thursday voted in favor of an extension of anti-money laundering (AML) requirements that would effectively end anonymous transactions involving cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO:

Benzinga

World's Largest Hedge Fund — Led By Bitcoin Holder Ray Dalio — Said To Be Investing In Crypto Assets

The world’s largest hedge fund is about to back its first cryptocurrency fund, CoinDesk reported on Tuesday, citing two sources close to the matter.

Benzinga

HubSpot's Recent Data Breach Affect BlockFi, Swan Bitcoin, NYDIG and Circle: CoinDesk

A HubSpot Inc (NYSE: HUBS) data hack affected 30 clients, including BlockFi, Swan Bitcoin, NYDIG, Pantera Capital and Circle,

Benzinga

Ukraine Legalizes Bitcoin, Cryptocurrency: What You Should Know About Virtual Assets Bill

A bill signed by Ukrainian President Volodymyr Zelensky legalizes cryptocurrency in the country. What Happened: The Virtual Assets Bill was signed into law by Zelensky Wednesday, as reported by CoinDesk.

Benzinga

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Benzinga

Does Coinbase Carry A 'Hidden Value' In $6.6B Ventures Business?

Coinbase Global Inc (NASDAQ: COIN) has hidden value that is yet to be realized through its Ventures business, according to Oppenheimer analysts, CoinDesk reported on Monday.

Benzinga

Who Spends Ukraine's Bitcoin Donations — And What Are They Being Used For?

Ukraine has seen a massive inflow of cryptocurrency donations from people around the world to support the country’s fight against an invasion by Russia. Here’s a look at who is in charge of the donations and how they could be spent.

Benzinga

Alibaba Partners With Canaan Over AI

Alibaba Group Holding Ltd (NYSE:BABA) has collaborated with Canaan Inc (NASDAQ:CAN), CoinDesk reports. The partnership is concerned with artificial intelligence. Alibaba, which aims to build the future commerce infrastructure, will declare its December quarter results on February 24. Related Content: Tencent, Alibaba Deny Launching NFT Trading Platforms To Chinese Regulators Canaan is a leading high-performance computing solutions…

Benzinga

Intel To Showcase Crypto-Mining Chip In February: Report

Intel Corp (NASDAQ:INTC) will likely showcase a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, CoinDesk reports citing the conference's agenda. One of Intel's "highlighted chip releases" at the conference entitled "Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC" will likely be on February 23. The report added that…

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