CoinDesk

The payments firm now operates in over 100 countries and territories globally.

The defunct crypto exchange’s trustees said Monday they are preparing to start distributing bitcoin (BTC) stolen from clients in a 2014 hack in the first week of July.

BTC’s dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.

This Elastic Chain is composed of multiple chains in the ZKsync ecosystem, but users will feel like they are using a single chain.

Bitcoin has seen significant selling pressure from continued ETF outflow, Mt. Gox’s upcoming bankruptcy redemptions, and miner sales.

Wikileaks Co-Founder pleads guilty to single espionage charge in exchange to a sentence for time served.

Prices are sharply lower on Monday after the trustee for the defunct crypto exchange said it will begin returning more than 140,000 bitcoin to clients whose assets were stolen in a 2014 hack.

Plus: $DJT believers dispute the resolution of a Polymarket bet, insisting the “preponderance of evidence” shows Barron Trump’s involvement.

Manufacturers have struggled to make services for smart devices profitable, leading to problems for consumers. But these machines could be corralled to create blockchain-linked decentralized cloud infrastructure, says E&Y’s Paul Brody.

The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.

The Wormhole hack and Terra/Luna blowup happened while he ran Jump’s crypto operation.

The circulating supply of the dollar-linked stablecoin on the two blockchains represents roughly 0.1% of the total USDT supply.

Riot is Bitfarms’ largest shareholder, owning 14.9% of the firm.

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The latest price moves in bitcoin (BTC) and crypto markets in context for June 24, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Iris Energy is best positioned to take advantage of the HPC/AI opportunity, the report said.

Permission-based repo ledgers are among the most successful applications of blockchain technology.

Call buyers are implicitly bullish on the market.

The defunct crypto exchange is supposed to return over 140,000 bitcoin to victims of the 2014 hack.

54% of respondents said they planned to invest in cryptocurrencies in the next three years and 25% of firms said they had a positive impression of digital assets, the study said.

The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.

The CoinDesk 20 index, which tracks major tokens minus stablecoins, slumped just over 4%.

The bearish pattern hints at a further correction.

Constantly diluting supply with token unlocks, selling pressure from venture funds, lack of fresh inflows to crypto and seasonal trends all contributed to the brutal drawdown in altcoin prices.

Tokenization adoption will happen in waves led by assets such as mutual funds, bonds, loans, McKinsey said in a report.

Michael Saylor and Dell engaged in a brief back-and-forth on X on Friday morning.

Dismal bitcoin price action has apparently caused crowd sentiment for four straight weeks, a sign that may spell relief for bulls in the near term.

Osmosis is achieving this through a revenue-share proposal with Bitcoin bridge Nomic.

Generally, increased liquidity leads to a tighter bid-ask spread, but that’s not the case with meme coins.

The latest price moves in bitcoin (BTC) and crypto markets in context for June 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.