News
Tether Reportedly Bought 8.9K Bitcoin for $380M, Remaining 11th-Largest BTC Holder
The stablecoin issuer announced in May 2023 that it would start buying bitcoin in an effort to diversify the backing...
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Towards Governance Abstraction: Understanding a ‘Friendly’ Way to Manage DAOs
Dagon, a technical implementation introduced by core developer Ross Campbell, looks to improve DAO governance and delegation using smart contracts. Dagon,...
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Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum’s Experience
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page...
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Crypto Crime Amounted to Over $24B in 2023: Chainalysis
The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed. The figure is nearly...
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Grayscale Bitcoin ETF Liquidity Provider Flowdesk Raises $50M Series B
Flowdesk will use the funding to grow its over-the-counter (OTC) offering, hiring new personnel and expand its regulatory coverage in...
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Protocol Village: Matter Labs, iCandy Plan New ‘Hyperchain’
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 18-24. The latest in blockchain tech...
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BlackRock’s Bitcoin ETF Hits $1B AUM in One Week
IBIT’s holdings consist of 99% bitcoin, and nearly $60,000 in fiat, data shows. IBIT’s holdings consist of 99% bitcoin, and nearly...
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First Mover Americas: dYdX Beats Uniswap, Bitcoin Outlook Dour
The latest price moves in bitcoin and crypto markets in context for Jan. 18, 2024. First Mover is CoinDesk’s daily...
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TrueUSD Wobbles Towards $1 Peg Amid Reported Redemption Issues
TUSD went as low as 96 cents as Binance data shows traders apparently sold over $300 million worth in the...
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In-depth analysis of the stablecoin depeg from DeFi and the USDX event
Last week's stablecoin depegging once again shook the decentralized finance (DeFi) world, with USDX, a synthetic stablecoin issued by Stable...
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