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CATEGORY: coindesk

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 21, 2024 05:50

California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial

The court declines to find as a matter of law that a reasonable investor would have derived any expectation of profit from general cryptocurrency market trends, as opposed to Ripples efforts to facilitate XRPs use in cross-border payments, among other things, Hamilton wrote. Accordingly, the [court] cannot find as a matter of law that Ripples [...]

The post California Judge Breaks With New York Counterpart, Sends Ripple Securities Lawsuit to Trial appeared first on Crypto Breaking News.

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Canadas 3iQ Files to List Solana ETP in Toronto
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 21, 2024 05:50

Canadas 3iQ Files to List Solana ETP in Toronto

“Our goal is to continue pushing the envelope and maintaining Canada as an innovation hub. The Solana ETP will have staking enabled, similar to our Ether ETPs, allowing us to pass through the yield to investors,” Christopher Matta, a Strategic Advisor to 3iQ, told CoinDesk in a phone interview. Source: CoinDesk

The post Canada’s 3iQ Files to List Solana ETP in Toronto appeared first on Crypto Breaking News.

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The Protocol
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 20, 2024 05:50

The Protocol

3. Polkadot’s decentralized governance approved the Join-Accumulate Machine (JAM) protocol as the network’s future architecture, according to the team: “JAM, a minimalist blockchain concept, will support secure rollup domain-specific chains and offer synchronous composability across services. To encourage development, Web3 Foundation launched the JAM Implementers Prize, a 10 million DOT fund (~$64.7M USD), for creating [...]

The post The Protocol appeared first on Crypto Breaking News.

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Why You Should Diversify Your Digital Asset Portfolio
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 20, 2024 05:50

Why You Should Diversify Your Digital Asset Portfolio

Expand to an actively managed portfolio encompassing tokens from the Top 150 by market cap and you start to see a much more dynamic picture, spanning Layer 1s and related infrastructure (like scaling solutions and interoperability), DeFi (from trading and lending to asset management), entertainment (including gaming and the metaverse), decentralized physical infrastructure networks (DePIN, [...]

The post Why You Should Diversify Your Digital Asset Portfolio appeared first on Crypto Breaking News.

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Cryptos Long-Tail Disruptive Trends
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 20, 2024 05:50

Cryptos Long-Tail Disruptive Trends

Parallelized Ethereum Virtual Machines (EVMs) break down smart contract execution into parallel tasks, harnessing the power of multiple nodes simultaneously. The most popular parallelized EVMs, such as Sei (SEI), Canto (CANTO), Nomad, and NeonEVM (NEON), are attempting to do this by processing transactions off-chain, then aggregating them back onto the Ethereum mainnet. This approach drastically [...]

The post Crypto’s Long-Tail Disruptive Trends appeared first on Crypto Breaking News.

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Jump Crypto Adds $10M to Industrys U.S. Political War Chest, Raising PAC to $169M
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 20, 2024 05:50

Jump Crypto Adds $10M to Industrys U.S. Political War Chest, Raising PAC to $169M

Both efforts saw a higher-than-expected showing of support from Democrats, and the tallies are being used to assess lawmakers. Stand With Crypto, an advocacy group started by Coinbase, maintains a grading system for politicians. The “D” grade for Sen. Mark Warner (D-Va.), for instance, reflects his no vote on the SAB 121 resolution, while the [...]

The post Jump Crypto Adds $10M to Industry’s U.S. Political War Chest, Raising PAC to $169M appeared first on Crypto Breaking News.

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Original TRUMP Token Struggles With Exchange Listings as DJT Rockets
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 19, 2024 05:50

Original TRUMP Token Struggles With Exchange Listings as DJT Rockets

However, when the team applied in mid-May to list the token on Kraken, one of the oldest and largest U.S. exchanges, they never heard back, Steven Steele, marketing director of the TRUMP token, told CoinDesk in a Telegram message. A Kraken spokesperson had no comment. Source: CoinDesk

The post Original TRUMP Token Struggles With Exchange Listings as DJT Rockets appeared first on Crypto Breaking News.

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Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 19, 2024 05:50

Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves

In fact, the hashrate has already started to come down since reaching an all-time high in March. As of June 17, it is lower by 10% to 589 EH/s, according to Hashrate Index data. Since most miners are located in the U.S., particularly in steamy Texas, companies in North America shutting down their operations will [...]

The post Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves appeared first on Crypto Breaking News.

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Ether ETFs Lack of Staking Wont Dampen Strong Institutional Demand, 21Shares Ophelia Snyder Says
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 19, 2024 05:50

Ether ETFs Lack of Staking Wont Dampen Strong Institutional Demand, 21Shares Ophelia Snyder Says

“For example, there could be months when the unstaking period is six or nine days, and that range can be so wide, it changes your liquidity requirements,” Snyder said. “And it doesn’t just jump from nine to 22 days. It actually slowly extends and if you monitor these things, there are data inputs that you [...]

The post Ether ETF’s Lack of Staking Won’t Dampen Strong Institutional Demand, 21Shares’ Ophelia Snyder Says appeared first on Crypto Breaking News.

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UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 19, 2024 05:50

UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. Source: CoinDesk

The post UNI Advance Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update appeared first on Crypto Breaking News.

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Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum

June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

The post Protocol Village: Synthetix Launches on Arbitrum, Adding to Chains Beyond Ethereum appeared first on Crypto Breaking News.

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ZKsync Airdrop of ZK Token Puts Initial Market Cap Near $800M
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

ZKsync Airdrop of ZK Token Puts Initial Market Cap Near $800M

The ZK token opened at $0.31 and is down about 31% since then, trading at $0.22 at the time of writing, according to CoinGecko. The market capitalization stands at about $800 million, based on the circulating supply, with about 3.7 billion tokens eligible to be distributed. On a fully diluted basis, the market cap would [...]

The post ZKsync Airdrop of ‘ZK’ Token Puts Initial Market Cap Near $800M appeared first on Crypto Breaking News.

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Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins

Bitcoin has been chopping sideways in a tight range below its all-time record prices since March, flushing out excess leverage in liquidation cascades, and surely causing some impatience from market participants, particularly the “number go up” crowd. Underscoring the boring price action, bitcoin’s 30-day realized volatility has dropped to near historic low levels, Alex Thorn, [...]

The post Bitcoin Bounces to $67K with BTC Miners Rallying 5%-10%; XRP Leads Altcoins appeared first on Crypto Breaking News.

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Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin

Deutsche Telekom has been very active in the digital assets sector for years. It has been running validators on networks such as Polygon, Q, Flow, Celo, Chainlink and Ethereum. The telecom giant also started Energy Web Chain last year, which the company said was “the worlds first public blockchain designed explicitly for the energy sector” [...]

The post Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin appeared first on Crypto Breaking News.

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Crypto Trading Firm Cumberland Acquires New Yorks BitLicense
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

Crypto Trading Firm Cumberland Acquires New Yorks BitLicense

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]

The post Crypto Trading Firm Cumberland Acquires New York’s BitLicense appeared first on Crypto Breaking News.

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DJT Solana Token Surges on Unconfirmed Report Trumps Behind It
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

DJT Solana Token Surges on Unconfirmed Report Trumps Behind It

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]

The post ‘DJT’ Solana Token Surges on Unconfirmed Report Trump’s Behind It appeared first on Crypto Breaking News.

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PoliFi Tokens Down Double Digits as New DJT Token Rumored to Have Official Backing
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

PoliFi Tokens Down Double Digits as New DJT Token Rumored to Have Official Backing

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]

The post PoliFi Tokens Down Double Digits as New DJT Token Rumored to Have Official Backing appeared first on Crypto Breaking News.

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PoliFi Tokens Down Double Digits on Claims DJT Token Has Trumps Backing
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

PoliFi Tokens Down Double Digits on Claims DJT Token Has Trumps Backing

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a [...]

The post PoliFi Tokens Down Double Digits on Claims DJT Token Has Trump’s Backing appeared first on Crypto Breaking News.

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Trump and Biden Likely Wont Shake Hands at Debate, Prediction Market Says
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 18, 2024 05:50

Trump and Biden Likely Wont Shake Hands at Debate, Prediction Market Says

For the uninitiated, in prediction markets, individuals who predict the correct outcome are rewarded with $1 per share, whereas those who guess incorrectly earn nothing. The price of a share indicates the perceived probability of an event; for example, a share priced at 32 cents implies a 32% likelihood of that event occurring. Source: CoinDesk

The post Trump and Biden Likely Won’t Shake Hands at Debate, Prediction Market Says appeared first on Crypto Breaking News.

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Protocol Village: Polkadot Community Approves Jam Architecture, $65M Development Fund
Author: CoinDesk
United Kingdom
Source: Crypto Breaking News
Jun 17, 2024 05:50

Protocol Village: Polkadot Community Approves Jam Architecture, $65M Development Fund

June 13: Minima, describing itself as the only blockchain lightweight enough to run entirely on mobile and device chips, says it’s working with Influx Technology to integrate a data tracker into a McLaren GT4 a capability that could improve racing performance as well as prevent cheating. According to a press release: “Data points on [...]

The post Protocol Village: Polkadot Community Approves ‘Jam’ Architecture, $65M Development Fund appeared first on Crypto Breaking News.

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