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On-chain data shows that Synthetix founder Kain unlocked $6.5 million from the company’s treasury and donated $86k to SynthaMan, the company’s former treasurer that was liquidated during last week’s market plunge.

The ORDER token of Orderly Network, an on-chain liquidity provider, is being offered as the first on the market, with prices down 5% since its listing at 8 A.M. UTC.

According to a blockchain data tracking service, Jump Trading has moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.

Technology should transcend the political divide, Coinbase’s Chief Legal Officer says.

CoinShares’ total assets under management almost doubled from $2.7billion to $5.3 billion.

Nexera, a blockchain infrastructure protocol that focuses on tokenization, has suffered an exploit with $1.5 million being stolen, according to blockchain security firm Cyvers.

The widget won’t be available to customers in the U.K.

Network-based memecoins rose 30% in the past 24 hours, leading gains as a sector as optimism around SOL ETFs heats up among some.

The ominous-sounding technical price pattern could again trap bears on the wrong side of the market as the Bank of Japan plays down chance of a near-term interest rate hike.

Indian crypto exchange CoinDCX’s co-founder Sumit Gupta has told CoinDesk that his company has established an investor protection fund, saying that if other exchanges did this too “it would be better for the eco system.”

It was more than two years before Bitcoin’s birth when Dr. Herbert Semler, who served as a flight surgeon in the Korean War before leading cardiology at a Portland hospital, co-founded Semler Scientific in 2007.Seventeen years later, the medical device manufacturer has converted much of its cash holdings to bitcoin and aims to buy a … Read more

From currency risk to judicial risk, companies face all sorts of unforeseen macro threats, particularly in an election year. Decentralized tech can ease the burden, writes Paul Brody, head of blockchain at EY.

The extension of the previous deal with CoreWeave brings total revenue potential for the miner to more than $6.7 billion over 12 years.

After a very tight victory last week in Arizona that’s now facing a recount, the cryptocurrency industry’s political forces are shifting their attention toward some of the final U.S. congressional primaries of 2024, including Tuesday’s elections in Missouri and Washington state.

Though posting net outflows on Monday, the spot ETF action did show some positive surprises, Bloomberg ETF analyst Eric Balchunas noted.

Vice President and Democratic nominee Kamala Harris has chosen Minnesota Governor Tim Walz to join her on the campaign trail.

CoinDesk 20 sees a broad rally, with RNDR up 14.2% and SOL up 8.3%.

A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.

Anchorage began adding custody support for Solana-based tokens in 2022 and only added staking support last year

The latest price moves in bitcoin (BTC) and crypto markets in context for Aug. 6, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

“The bridge currently secures over $850M which is safe,” co-founder @Psycheout86 said in an X post.

The death cross is known to cause catastrophizing among inexperienced investors. But it’s an unreliable indicator.

ETH bounced over 18% in the past 24 hours to reverse losses from a steep fall on Monday, with some drawing eyes to the blockchain’s fundamentals.

ARK Invest often loads up on shares when their prices slide, usually with a view to offloading them one their prices tick up again.

BTC has dropped over 13% this month, but all is not lost, according to key indicators.

Binance, the world’s largest cryptocurrency exchange, has “challenged” a nearly $86 million tax notice from India’s Directorate General of Goods and Services Tax Intelligence (DGGI), a person directly involved with the matter told CoinDesk.

Asian stocks and futures jumped higher Tuesday, recovering from one of the worst slides in recent years in Monday’s trading session.

Lawyers for the U.S. Securities and Exchange Commission (SEC) are pushing back against what they describe as Coinbase’s “breathtakingly broad” subpoena requests searching for “essentially all documents that in any way relate to crypto.”

Bitcoin’s 30% decline in a week was for some observers reminiscent of the March 2020 crash, but there’s been multiple occasions of similar drawdowns during previous bull markets.