CoinDesk Crypto

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

Billionaire Elon Musk is a fan of several cryptocurrencies but also a notable critic of non-fungible tokens (NFTs). Musk shared more criticism of NFTs during an interview with podcaster Joe Rogan. What Happened: Over the last few years, Musk has been ...

At a hearing today (Wednesday), FTX co-founder Sam Bankman-Fried's defense attorney Mark Cohen countered the accusations leveled against his client, ardently arguing the government's portrayal of Bankman-Fried as a "monster" is both "wrong and unfair" ...

Andra Capital managing partner Haydar Haba has over 25 years of experience in fintech and telecom. In addition to launching Andra, the Florida Institute of Technology alum is also the founder of IntelePeer, a CaaS market company that revolutionized ...

In a widely expected move, the Federal Reserve announced its decision to keep the federal funds rate within the range of 5.25% to 5.5%, marking the second consecutive rate pause. Fed Chair Jerome Powell delivered mixed signals during his press ...

Betsabe Botaitis is a CFO at Hedera – a DeFi-oriented company providing enterprise blockchain solutions. She’s responsible for all financial and accounting activities, including token economics and strategy. Botaitis is a finance industry veteran with ...

The Federal Reserve announced Wednesday that it will maintain its benchmark interest rates in the range of 5.25% to 5.5%, a decision in line with market expectations. Fed Chair Jerome Powell acknowledged the current restrictive monetary policy is ...

Shares of First Solar Inc (NASDAQ: FSLR) remained volatile in early trading on Wednesday, after the company reported mixed quarterly results. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings ...

Bitcoin (CRYPTO: BTC) prices could surge to $150,000 by 2025, global asset management firm Bernstein forecasted amid positivity surrounding the spot Bitcoin ETF approval, as cited by CNBC. Bernstein analyst Gautam Chhugani believed the approval ...

Coffee chain Starbucks Corporation (NASDAQ:SBUX) is set to report fourth-quarter financial results before the market open Thursday. Here are the analyst estimates, commentary and items for investors to watch when the report goes live. Starbucks ...

Roku, Inc (NASDAQ: ROKU) was trading slightly lower Wednesday, forming an inside bar pattern on lower-than-average volume. Roku is set to print its third-quarter financial results after the market closes. When Roku printed its second-quarter earnings ...

The U.S. Securities and Exchange Commission (SEC) announced charges against cryptocurrency company SafeMoon, its creator Kyle Nagy and its U.S. counterpart SafeMoon US. The executive team, which included CEO John Karony and Chief Technical ...

The stock market is falling with the S&P 500 now down more than 10% from its 2023 high. Investors are starting to realize that “higher for longer” now includes inflation and government spending. Bond yields are rising despite the Fed signaling they’re ...

Sam Bankman-Fried, the founder of FTX, was the latest in a long and storied line of personalities whose compelling elevator pitches papered over their poor management practices.Though it purported to raze the walled gardens of traditional finance, FTX was probably just garden var

Vice President Kamala Harris spoke at the U.K. AI Safety Summit Wednesday as the representative of the U.S. government. Comments from Harris come after President Joe Biden recently announced an executive order on artificial intelligence. What ...

The U.S. Treasury released its quarterly refunding statement Wednesday, letting anxious bond holders catch some breath. The “Treasury currently expects privately-held net marketable borrowing of $776bln in Q1 FY 2024… lower than what was cited at the ...