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The synergy of political endorsement and highly speculative assets like meme coins was always bound to be disastrous, and the recent LIBRA scandal was a clear reflection of this concern. Crypto has come a long way over the past decade. Mainstream adoption,
CoreWeave is looking to downsize its initial public offering just one day before hitting the market, Semafor reported. The AI infrastructure firm was previously expected to raise $3 billion at a $30 billion valuation, according to the story, but the size has
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2731.35, up 0.4% (+11.44) since 4 p.m. ET on Wednesday. Twelve of 20 assets are trading
Tether, issuer of $144 billion dollar stablecoin USDT, has boosted its stake in Latin American agricultural firm Adecoagro (AGRO). The $12.41 per share offer, which is subject to certain closing conditions, would take Tether’s stake in Adecoagro from 51% to 70%, according
Market-making on-chain trades is mysterious and important — and lucrative, too. The problem, according to pseudonymous trader Grug, is that crypto protocols with valuable order flow are leaving money on the table. Grug’s company Warlock Labs just raised $8 million in venture
Intercontinental Exchange, the parent company of the New York Stock Exchange, said it plans to explore using Circle’s stablecoin and tokenized asset to develop new products, joining a roster of U.S. traditional financial giants pushing into crypto under the Trump administration. According
Ripple today said it was partnering with Chipper Cash, a payments provider serving across Africa, to support cross-border payments into the continent using Ripple Payments. Ripple Payments uses XRP, to enable quicker, cheaper, and more efficient cross-border transactions than traditional financial systems
A contentious $7 million bet on prediction platform Polymarket has sparked disagreement between the Polymarket and UMA communities. The bet, which speculated on whether Ukraine would agree to a mineral deal with U.S. President Donald Trump before April, saw its “yes” probability
While macroeconomic uncertainty and technical indicators raise doubts about bitcoin’s (BTC) recent gains, purchasing activity by some of the largest investors indicates a more optimistic outlook. Since March 11, so-called bitcoin whales have snapped up over 129,000 BTC, worth $11.2 billion at
Ahead of his confirmation hearing in front of the U.S. Senate Banking Committee tomorrow, Paul Atkins — President Donald Trump’s pick to lead the U.S. Securities and Exchange Commission (SEC) — disclosed having up to $6 million in crypto-related assets, prompting Sen. Elizabeth Warren