Category: CoinDesk
The TRON Foundation and Justin Sun asked a New York court to dismiss an SEC lawsuit, arguing that the regulator failed to establish that the court has jurisdiction over …
The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4.5%. Source: https://www.coindesk.com/markets/2024/04/02/crypto-bulls-see-400m-liquidations-as-solana-dogecoin-lead-slide-in-majors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday. Source: https://www.coindesk.com/policy/2024/04/02/singapore-enacts-licencing-requirements-for-crypto-custody-services-and-others/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FTX founder and former CEO Sam Bankman-Fried has said “of course” he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last …
Bitcoin has flourished as digital gold. But, in the long-term, its biggest impact will be in denominating business and trade, says Zac Townsend, CEO of Meanwhile. Source: https://www.coindesk.com/consensus-magazine/2024/04/01/bitcoins-future-as-currency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The stablecoin issuer’s BTC holdings now top 75,000 tokens worth about $5 billion. Source: https://www.coindesk.com/markets/2024/04/01/tether-added-nearly-89k-bitcoin-to-holdings-in-first-quarter-on-chain-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Plus: Free money? “Democrat wins New York” contract trades at 90 cents on the dollar. Source: https://www.coindesk.com/markets/2024/04/01/who-will-trump-pick-for-veep-polymarket-gives-tim-scott-best-odds-prediction-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko data show. Source: https://www.coindesk.com/markets/2024/04/01/trading-volume-on-south-korean-crypto-exchange-upbit-crashes-75/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe. Source: https://www.coindesk.com/business/2024/04/01/thai-crypto-exchange-bitkub-plans-2025-ipo-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Degen Chain was released last week as a specialized network that sits atop Base, which itself is an Ethereum layer 2. Source: https://www.coindesk.com/tech/2024/04/01/meme-coins-on-degen-chain-flourish-as-new-layer-3-racks-up-millions-in-volumes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines