CoinDesk

The bug found by a “security researcher” led to $3 million stolen from Kraken’s treasuries.

Arkham has identified the entity as an address belonging to the German Federal Criminal Police Office, which had seized almost 50,000 BTC from a piracy site.

The publicly-traded bitcoin miner Marathon began incubating Anduro in February as a “platform built on the Bitcoin network that allows for the creation of multiple sidechains.”

The latest price moves in bitcoin (BTC) and crypto markets in context for June 19, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The selling coincides with net outflows from U.S.-listed bitcoin ETFs in the same period, data shows.

The excitement surrounding the impending debut of spot ether ETFs in the U.S. has investors anticipating higher ether price swings relative to bitcoin.

NAB Ventures made an undisclosed investment in Zodia Custody, which is also backed by Standard Chartered, Northern Trust and SBI Holdings.

Spot bitcoin ETFs are expected to be approved by major wirehouses and large private bank platforms in the third and fourth quarters, the report said.

The U.S. regulator closed its investigation into “Ethereum 2.0,” Consensys said.

The percentage of credit card loans outstanding for over 90 days has increased to the highest since 2012, a signal that speculative activity may ease off.

The relatively new token created ripples in the crypto community on X this week over its supposed existence as the “official” Donald Trump token. But it turns out one of its biggest loudmouths was behind its issuance.

Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region by the International Monetary Fund’s (IMF) has said.

Congressman Patrick McHenry (R-N.C.) chairs the powerful House Financial Services Committee, and has been the leading Republican on the panel for years. Last year, he spent a few weeks as the Speaker Pro Tempore of the House of Representatives, after lawmakers voted to oust then-speaker Kevin McCarthy (R-Calif.). McHenry announced his retirement in December and … Read more

Exchanges will list TREMP but not TRUMP, claiming the latter is “too political.”

Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.

Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks.

Five cryptos in the CoinDesk 20 posted losses greater than 5% over the past week, led by ICP’ 19% decline.

Michael Saylor’s firm is the only corporation that has developed institutional demand for bitcoin linked convertibles, the report said.

This was the first example of transferring tokenized versions of life insurance policies, the company said.

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The latest price moves in bitcoin (BTC) and crypto markets in context for June 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.

Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom.

Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.

FTX’s victims are seeking a court hearing to rule on their claim that all the failed crypto exchange’s forfeited assets, about $8 billion, belong to its customers, not the bankruptcy estate.

Fairlead’s 12-week relative rotation graph shows signs of green shoots in XRP, LINK, ETH.

Few catalysts to prop up markets in the near-term are likely weighing down token prices, one trader said.

The former president’s son Barron is spearheading the project, Pirate Wires reported on X, without naming its sources.

Meanwhile, there’s a prediction market on whether the U.K. newspaper The Guardian will correct an article about prediction markets.

As bitcoin’s volatility is nearing historically low levels, the crypto market is in need of news or catalysts to bring traders to action, one market participant noted.