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Crypto
Sen. Warren Wants to Know How Drug Agencies Are Pursuing Crypto Ties to Fentanyl
U.S. Sen. Elizabeth Warren (D-Mass.) is demanding to know how the Biden administration is doing in throttling the use of cryptocurrencies in the trafficking of fentanyl, according to a letter she and another lawmaker sent to the White House…
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
Somewhat ironically, Shapiro and Palley’s criticisms seem to line up with Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, who said it was the one of the worst bills she's ever seen. In addition to…
LocalMonero Shutdown Is Another Blow for Privacy Tech
On Reddit and the LocalMonero forum, users discussed alternative means of buying XMR, which, with a $2.5 billion market cap, is the largest privacy coin. These include buying another cryptocurrency like bitcoin (BTC) or litecoin (LTC),…
Euclid, Cross-Chain Liquidity Infrastructure Powered by Nibiru, Emerges From Stealth
May 9: Arch Labs, building Arch, described as the "first Bitcoin-native application platform," raised $7 million in a seed round led by Multicoin Capital, with participation from Portal Ventures, OKX Ventures, Big Brain Holdings, CMS…
Tether Enters USDT Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure…
The surveillance system includes international sanctions compliance and illicit transfer detection that could be associated with activities like terrorist financing, and would help Tether identify crypto wallets that could "pose risks or…
Stripe Brings Back Cryptocurrency Payments Via Circle’s USDC Stablecoin
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…
Avail Confirms Token Airdrop Plans, a Week After Leaked Screenshots
According to a blog post from the Avail team, 354,605 wallet addresses are eligible to claim the 600 million tokens in their “unification drop.” Recipients are widespread, but the team said that they must be either blockchain ecosystem…
Aptos (APT) Underperforms Bitcoin (BTC), Ether (ETH) Price Ahead of $300M Token Unlock
Token unlocks happen because the supply of many cryptocurrencies are locked up in vesting to prevent insiders – early investors, team members – from dumping tokens en masse. Prices historically decline around such events, as the supply…
Bitcoin Price (BTC) Tops $69K as Stocks Turn Lower
Bitcoin, which had slipped as low as $65,000 overnight, rallied throughout much of the U.S. day, at one point topping $69,000. At press time, the crypto was trading at $68,750, up 4.5% over the past 24 hours. The broader CoinDesk 20 Index…
Is This the End of Bitcoin’s 4-Year Bull/Bear Market Cycle?
As investors and enthusiasts prepare for heightened volatility, it's evident that the market is on the brink of unprecedented growth and, potentially, a fundamental paradigm shift. While it is bittersweet, this upcoming period could be…