News
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Elections, SEC Cases, DOJ Cases: What Crypto Regulation May Bring in 2024
The CoinDesk policy team is scattered throughout the world; in the final edition of this newsletter, each member explains what…
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IOTA’s ShimmerEVM Bolsters Onboards Cross-Chain Capabilities With LayerZero’s Technology
The Shimmer bridge, a tool that transfers value between different blockchains that connect to LayerZero, will launch today. The Shimmer bridge,…
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Hong Kong Regulators Propose Mandatory Licenses for Fiat-Backed Stablecoin Issuers
The Hong Kong Monetary Authority (HKMA) and the Financial Services and the Treasury Bureau (FSTB) are also planning a sandbox…
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South Korea to Make Officials’ Crypto Disclosures Public
Public officials will also be provided an asset disclosure service starting next year to report crypto and other holdings. Public officials…
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BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy
Solana ecosystem tokens have surged several multiples in the past month. Traders could now be taking profits to rotate funds…
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Long Crypto Traders See $190M in Losses as Bitcoin Retreats After Apparent Mt.Gox Repayments
Some $45 million stemmed from altcoin futures in an unusual move – with bitcoin accounting for a relatively lesser $36…
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‘Smart Money’ is Record Long on BTC Ahead of Expected Bitcoin ETF
Bullish bets by institutional investors and knowledgeable market participants have reached an all-time high on the CME, data tracked by…
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Barry Silbert Resigns as Grayscale Chairman, to Be Replaced by Mark Shifke
Shifke is the CFO of Silbert’s Digital Currency Group and will take over Jan. 1, Grayscale said in an SEC…
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Metis Surges 50% as Ecosystem Projects Eye $360M in Grant Rewards
Some liquidity pools built on the Metis network are offering as much as 200% in annualized fee rewards to users. Some…