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Michael Novogratz's Galaxy Looks to AI Computing as Bitcoin Mining Revenue Falls
The firm signed a non-binding deal with a hyperscaler firm to potentially allocate all of its 800 megawatts power to hosting high-performanc...

Former FTX CTO Gary Wang Asks Court for No Jail Time
Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner...

Trump Family-Backed Crypto Project Makes $1M Gain in ETH Following Tame Token Sa...
World Liberty Financial, the decentralized finance (DeFi) project backed by the family of U.S. presidential elect Donald Trump, has made $1...

UK Lords Echo Support for Digital Assets Property Bill

Ether, Touted as Internet Bond, May Top $3K on Fed Rate Cut, Outperform Bitcoin:...
Elevated interest rates in the U.S. have dented ether’s appeal as the internet equivalent of a bond, offering a fixed-income-like return on...

Dune Launches Dashboard Tracking $2.5B Lost to Crypto Hacks and Phishing Scams
The new dashboard by Dune reveals funds lost in over 5,500 blockchain-based scams, exploits, and attacks.

In Win for Polygon's AggLayer, Magic Labs Unveils Chain Unification Network 'New...
Newton will allow for wallet solutions to plug into the AggLayer, which is a Polygon-backed effort to connect affiliated chains and allow to...

VC Darling Eclipse Finally Debuts Its Solana-Ethereum Blockchain Hybrid
Eclipse raised more than $50 million from investors but has been marred by controversy over the past year.

Protocol Village: Liquid Restaking Platform Puffer Launches Testnet for Ethereum...

First Mover Americas: Bitcoin Holds Below $75K Before Expected U.S. Rate Cut
The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 7, 2024. First Mover is CoinDesk’s daily newsletter that cont...

SEC Seeks to Dismiss Three of Kraken’s Key Defenses in U.S. Lawsuit
A motion filed earlier this week rejected several of Kraken’s defenses and complained that the exchange was "trying to re-litigate the same...

Donald Trump More Likely to Pardon Jan. 6 Protestors Than Silk Road Founder: Pol...
The President-Elect promised pardons for the protestors and to commute Ulbricht's sentence when he was on the campaign trail.

German Chancellor Scholz Calls Snap Election as Coalition Government Collapses
Olaf Scholz is looking to bring the general election forward to March from September.

Bitcoin Registers Fourth-Best Day of 2024 as BlackRock ETF Posts Record Volume
BlackRock's iShares Bitcoin Trust registered $4.1 billion in volume traded as bitcoin broke out to all-time highs.

Trump's Biggest Boon to Crypto Would Be Passing the Bitcoin Act: CoinShares
Under such a proposal, bitcoin would be established as a strategic reserve asset and the government could buy up to 5% of the cryptocurrency...

This Metric Points to Rotation From Gold to Bitcoin
The ratio surged 12% Wednesday as the pro-crypto Republican candidate Donald Trump won the U.S. presidential election.

Ether Surges 10% as Trump Victory Brings Back DeFi Bullishness
Investors say a Trump administration will favor DeFi applications and tokenomics more, given the family’s backing of World Liberty Finance -...

What Next For Bitcoin After Trump Win? Traders Look to Fed Rate Cuts For Bullish...
Analysts expect a 0.25% rate cut this week, which has historically benefited assets like BTC by diluting the dollar's value and pushing inve...

Bitcoin Blasts Past $76K for First Time as Violent Crypto Rally Liquidates Nearl...
Crypto exchange Coinbase's shares closed the day 31% higher, leading gains among digital asset-related stocks.

The Protocol: Elections, Schmections. Blockchain's Got Work to Do
The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, includin...

How This Crypto Hedge Fund Nailed the Trump Trade
Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concer...

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