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Crypto
Drop Protocol, Liquid Staking Protocol on Neutron (in Cosmos Ecosystem), Closes $4M Seed Round
Dynex, a layer-1 blockchain for decentralized quantum computing, powered by a decentralized GPU network, has unveiled what it describes as an "ambitious 10-year roadmap to transition from GPU-based quantum emulation to silicon quantum…
Yala, Bitcoin Liquidity Layer Featuring Stablecoin Protocol, Raises $8M in Seed Round
Yala, a Bitcoin liquidity with a modular approach featuring an overcollateralized stablecoin protocol, has raised $8 million in a seed round. According to a press release, the round was co-led by Polychain Capital and Ethereal Ventures,…
IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin
This isn't the first time IMF has warned El Salvador. Most recently, in August, the IMF said something similar when it declared in a statement that “while many of the risks have not yet materialized, there is joint recognition that further…
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown’s Foe
If Brown loses, the chances get much higher that Republicans take the Senate majority, and Sen. Tim Scott (R-S.C.) potentially becomes the next chairman. Though Scott's crypto views had long been muted, he recently cheered on digital assets…
Deus X Capital Launches Decentralized Finance (DeFi) Business Solstice Labs
Nadareski, who is currently an investment director at Deus X Capital, is co-founder and CEO of Solstice Labs. Tim Grant, CEO of Deus X Capital will be co-founder and chairman of the company. Stuart Connolly, chief investment officer at Deus…
Sky, Formerly MakerDAO, Will Vote on Fully Ditching Wrapped Bitcoin (WBTC) Over Justin Sun Concerns
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…
Telegram Revamps Rules to Allow Moderation of Private Chats Following CEO Pavel Durov’s Arrest
The quiet policy shift could reshape Telegram's alleged stature as a facilitator for all forms of illegality that French authorities are alleging. Last month, France arrested Durov for allowing alleged criminal activity to fester on the…
U.S. House Committee Plans for Heap of Crypto, SEC Hearings in September
The congressional panel, which has oversight over U.S. securities and most financial products, will set a September hearing calendar jammed with crypto-relevant topics, the person said. The committee chairman, Rep. Patrick McHenry (R-N.C.),…
Meeting Binance CEO Richard Teng
Take Nigeria, for instance, where Tigran Gambaryan, an American employee of Binance, is currently detained. Nigeria claims, without evidence, that crypto was responsible for devaluing the naira and law enforcement there has accused…
Goldman Sachs (GS) Joins Morgan Stanley (MS) in Holding Bitcoin ETF as Institutional Interest Grows:…
Another holder of interest at the end of the first quarter was the Wisconsin Pension Fund, which in the last quarter doubled down on its IBIT position as it purchased an additional 447,651 shares of the fund. It also got rid of all of its…