Category: Breaking

Bitcoin’s 7-day moving average (7DMA) hash rate surpassed 700 EH/s for the first time, marking a 13% increase since April’s halving.

The Sui blockchain has launched a hub in Dubai which will act as an incubator for blockchain developers and entrepreneurs, one of its founding developers told CoinDesk in an interview.

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Hedera joined Solana as a top performer, rising 5.6% over the weekend.

Bridge, which has raised $54 million in funding, previously said it aspired to become the blockchain version of Stripe, operating a global system in which other developers could integrate.

Transak, which is used by platforms like Metamask, Binance and Trust Wallet, says the leak was limited to “names” and “basic identity information.” A ransomware group says it has obtained more sensitive user data as well.

Following a failed challenge of the $70,000 level during early Monday trading hours in Asia, bitcoin (BTC) fell below $67,000…

In just three weeks, Kalshi’s presidential prediction market has passed $30M in volume. It still trails Polymarket’s $2 billion.

A widely-tracked momentum indicator has flipped positive for the first time since April.

Last week, the Department of Justice announced charges against over a dozen individuals and entities, arguing these market makers were actually wash trading funds and defrauding people.