Jesse Pollak, best known as the creator of US crypto exchange Coinbase’s Layer 2 network, has been seen as the person largely responsible for the network’s growth in popularity this year. Pollak, who started at Coinbase in 2017, launched Base in 2023. Designed to make doing business on-chain cheaper and easier and to support a […]
Most influential: Jesse Pollak Read More »
After a 13-page letter from investment powerhouse Citadel Securities informed the U.S. Securities and Exchange Commission that decentralized finance (DeFi) protocols dealing with tokenized securities required closer regulatory oversight, the industry responded Friday with its own correspondence, calling the arguments “meritless.” “While we share Citadel’s goals with respect to investor protection, orderly markets, and the
Citadel Securities and DeFi wage war of words via SEC correspondence Read More »
Among other things, 2025 will surely be remembered for the madness and then stunning collapse of the hastily created Bitcoin cash companies attempting to mirror the success of Michael Saylor’s strategy. Perhaps none were more high profile than that of KindlyMD (NAKA), led by David Bailey, the successful former CEO of Bitcoin Magazine and Bitcoin
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Tether, the crypto company behind the world’s largest stablecoin, USDT USDT$1.0002aims to acquire popular Italian football club Juventus FC, increasing its minority stake to 100%. The company said Friday it had submitted a binding proposal for majority shareholder Exor’s 65.4% stake in the club in an all-cash offer, according to a blog post published Friday.
USDT issuer seeks full takeover, invests $1 billion in soccer club Read More »
Last year, Michael Saylor, Executive Chairman of Strategy (MSTR), was among the most influential figures in the Bitcoin ecosystem. His company’s shares quintupled, even as U.S. Bitcoin ETFs entered the market. This feature is part of CoinDesk 2025 Most Influential List. The story in 2025, however, has been significantly different. MSTR has struggled to replicate
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Binance is set to explore tokenizing up to $2 billion worth of bonds, treasury bills and commodity reserves in Pakistan.Reuters reported on Friday. The memorandum of understanding (MOU) with the world’s largest crypto exchange by trading volume highlights Pakistan’s desire to use blockchain technology to unlock liquidity and attract foreign investment while exploring a formal
Pakistan moves towards tokenizing $2 billion in government assets with Binance Read More »
Five digital asset companies received conditional approvals Friday to become federally chartered trust banks from the Office of the Comptroller of the Currency (OCC), a major step aimed at bringing U.S. dollar stablecoin issuers under federal regulatory oversight. Blockchain company Ripple and Circle’s (CRCL) first national digital currency bank is on the list, which also
Ripple, Circle and BitGo among five crypto companies poised to become trusted banks Read More »
Interactive Brokers will now allow retail investors to fund individual brokerage accounts with stablecoins, a move aimed at keeping pace with the increasingly competitive retail trading market, Bloomberg reported Friday. The Greenwich, Conn.-based brokerage firm competes against rivals such as Robinhood Markets Inc. and Charles Schwab Corp. and earlier this year expanded its cryptocurrency trading
Interactive Brokers Now Accepts Stablecoins in Aim to Stay Competitive Read More »
POINT$1.9736 suffered a technical breakdown during Friday’s session as the token plunged from a high of $2.09 to $1.97, erasing its previous rally momentum. The decline occurred on heavy volume that reached 284% above normal levels, according to CoinDesk Research’s technical analysis model. The model showed that the token broke support at $2.05 as selling
DOT falls 2% after breaking key support Read More »
HBAR is trading lower on Thursday after breaking through several technical levels during an afternoon selloff that sent the token down 4% to $0.1247. The native token of the Hedera network is showing a range of $0.0082 representing 6.4% volatility as resistance at $0.1320 proves insurmountable for bulls trying to extend their gains. Volume patterns
HBAR falls 4% to $0.1247 as afternoon sell-off breaks support Read More »
