CoinDesk Crypto

In a dramatic turn of events at the trial of FTX founder Sam Bankman-Fried, the prosecution delivered a piercing rebuttal to the defense's arguments, likening the defendant's actions to stealing from a jewelry shop without a security guard. This vivid ...

The U.S. Securities and Exchange Commission (SEC) is requesting documents related to PayPal’s relatively new stablecoin, PYUSD. The payments giant is reportedly complying with the request, it disclosed in a quarterly report.This is an excerpt from The Node newsletter, a dai

The probability of Hashdex's spot-bitcoin exchange traded fund (ETF) application getting the Securities and Exchange Commission (SEC) approval could be higher than others among the 12 spot-bitcoin applicants due to its apparently different approach to the application, according t

Traders are eagerly anticipating the release of the October jobs market report, which is scheduled to be unveiled by the Bureau of Labor Statistics on Friday. This report is expected to provide valuable insights into the current state of the labor ...

The trial of FTX founder Sam Bankman-Fried is another age-old story of a financial entity defrauding its users, according to Robinson Burkey of the Wormhole Foundation. The majority of the crypto industry will soon rejoice, Burkey predicts. “The ...

Block, Inc (NYSE: SQ) gapped up over 5% Thursday as the company heads into its third-quarter earnings print after the close. When Block printed a third-quarter earnings beat on Aug. 3, the stock plunged almost 15% the following day. For the second ...

Defense attorney Mark S. Cohen's closing remarks left Sam Bankman-Fried on the verge of tears at his fraud trial late Wednesday. Cohen appealed to the jury that Bankman-Fried acted in good faith in his entire operations at FTX and Alameda Research and ...

Roku Inc (NASDAQ: ROKU) shares climbed in early trading on Thursday, after the company reported strong quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. BofA Securities ...

Rarible announced the launch of RaribleX on Wednesday, an NFT marketplace solution meant to empower consumer brands and developers in Web2 and Web3 with a turnkey solution that helps them launch and grow digital communities through NFTs. Alex ...

The Government Accountability Office handed the U.S. Securities and Exchange Commission another high-profile setback in its crypto policies, declaring the agency erred in not treating SAB 121 as a rule under the Congressional Review Act.Crypto observers doubt Congress will overtu

Venture capitalists can provide lifelines for new crypto projects. They not only provide much-needed money but also bring valuable experience and connections.

In an impressive turn of events, Bitunix has achieved a historic milestone in the month of October. The platform witnessed an unprecedented month-on-month surge of 280.6% in trading volume during October, marking its highest recorded figures since its ...

Shares of PayPal Holdings Inc (NASDAQ: PYPL) rose in early trading on Thursday, after the company reported its third-quarter (Q3) results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings ...

The first step to solving a problem is admitting you have one. In crypto, our problem is the profound gap between what people say they want, and what they actually want. This phenomenon, called the “value action gap,” helps clarify why belief doesn’t always turn

MicroStrategy Incorporated (NASDAQ: MSTR) has been given a robust share price target of $554 by equity research firm Canaccord Genuity, predicated on the company's strategic decision to adopt Bitcoin (CRYPTO: BTC) as its primary treasury reserve ...

One year ago, CoinDesk's Ian Allison sent me the FTX balance sheet and asked for my take. I laid out what I saw, asking several times whether it was real, because a balance sheet that bad just did not seem possible given all we'd read about Sam Bankman-Fried, Alameda and FTX over

Is Sam Bankman-Fried going to prison? Five weeks into his criminal trial, 12 randomly selected New Yorkers are preparing to discuss among themselves whether they believe he violated federal law or not.Bankman-Fried is charged with wire fraud and conspiracy to commit wire fraud ag

Business intelligence firm MicroStrategy Inc (NASDAQ:MSTR) has reported a substantial paper gain of $900 million on its stack of 158,400 Bitcoin (CRYPTO: BTC), profiting from the recent surge in Bitcoin’s price and fueled by optimism surrounding the ...

Major cryptocurrencies experienced a surge on Wednesday evening following the conclusion of the Federal Open Market Committee’s (FOMC) penultimate meeting of 2023.  Cryptocurrency Gains +/- Price (Recorded 9:30 p.m. EDT) Bitcoin (CRYPTO: ...

A year ago Thursday, the first domino fell that led to the collapse of Sam Bankman-Fried's crypto empire.On Nov. 2, 2022, CoinDesk published a now-award-winning scoop that revealed Bankman-Fried's trading firm Alameda Research was mysteriously brimming with FTT tokens issued by h