SharpLink Gaming (SBET), the Ethereum treasury backed by Ethereum co-founder Joe Lubin, is joining the Russell 2000 and Russell 3000 indices later this month, potentially opening the stock to new institutional demand from index funds. The inclusion will take effect after the close of trading on June 29 as part of the annual reconstitution of […]
Joe Lubin’s SharpLink (SBET) Joins Russell 2000, 3000 Indexes Read More »
A growing number of people see the Clarity Act, which aims to establish clear and enforceable guardrails for the U.S. crypto industry, as a sign that Washington has firmly closed the door on the “regulation by enforcement” approach seen under the Biden administration to a more structured framework for the crypto industry. And look, on
The Clarity Law will not lead to its adoption without cryptocurrency tax reform Read More »
The UK has imposed sanctions on a group of cryptocurrency exchanges, payments firms and individuals accused of helping Russia evade Western restrictions and finance its war in Ukraine, including crypto exchange Huobi. The UK Foreign, Commonwealth and Development Office’s sanctions package targets 18 entities and individuals linked to what officials described as “the illegal financial
UK sanctions Huobi, ruble stablecoin issuer amid crackdown on Russian crypto networks Read More »
Craig Swan’s eyes light up and his smile widens as he talks about Bermuda’s ambitions to become the world’s first economy to go entirely chain-based, a move he is certain will create incredible new opportunities for the country’s citizens. In an interview with CoinDesk in London, Swan, CEO of Bermuda’s Money Authority (BMA), spoke about
Bermuda, the small island nation with huge crypto ambitions Read More »
Coinbase’s Ethereum Layer 2 network has launched a new tool that allows artificial intelligence agents to interact directly with users’ crypto wallets and decentralized finance applications via plain language prompts, marking another milestone in the convergence of AI and crypto infrastructure. The product, called Base MCP, connects a user’s base account to AI clients such
Base Launches AI Tool That Enables ChatGPT to Manage Crypto Wallets and DeFi Apps Read More »
One of the XRP Ledger’s biggest weaknesses as a DeFi site could be on the verge of disappearing. A draft amendment titled “AMM Swapable Curves” was filed in the XRPL standards repository on Tuesday, proposing to expand the network’s existing automated market maker with three types of pluggable curves: Constant Commodity, Concentrated Liquidity, and StableSwap.
Ripple-related blockchain could close its biggest DeFi gap if new proposal passes Read More »
TeraWulf (WULF) jumped 13% Tuesday morning as the company unveiled plans for a new large-scale AI and high-performance computing (HPC) campus in Kentucky. The company said it has acquired a hyperscale development site capable of supporting more than a gigawatt of AI and HPC infrastructure over time. The Muskie Data Campus is expected to provide
TeraWulf (WULF) Jumps 13% as AI Data Center Push Sends Crypto Mining Stocks Soar Read More »
CoinDesk Indices presents its daily market update, highlighting the performance of the leaders and laggards of the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2066.65, down 0.4% (-7.39) since 4 p.m. ET on Monday. Four of the 20 assets are trading higher. Leaders: NEAR (+2.1%) and TAO (+1.2%). Laggards: SUI (-1.1%) and
SUI falls 1.1%, leading index down Read More »
Bitmine Immersion (BMNR), the Ethereum treasury company led by Chairman Tom Lee, has ramped up its purchases again, notching its biggest haul since December. The company announced Monday that it purchased 111,942 ether (ETH) last week, worth approximately $237 million at current prices. This brought the company’s holdings to nearly 5.4 million ETH, or approximately
Tom Lee’s Bitmine (BMNR) purchased $237 million worth of Ether (ETH) last week Read More »
Strive (ASST) purchased 1,109 bitcoins at an average price of around $76,989 per coin during the four days ended May 22, according to a filing Tuesday. The latest acquisition brings the company’s total bitcoin holdings to 16,500 BTC, up from 15,391 BTC. Strive is now the seventh largest publicly traded company holding bitcoin. Along with
Strive to accumulate more bitcoins as ASST rises 133% in three months Read More »
