Ether, the second larges crypto in market value, was recently changing hands at $1,810, up 4.6% from Wednesday, same time. Other major cryptos were largely in the green, regaining ground lost the previous day. Stablecoin XRP and TRX, the token of blockchain-based platform Tron Network, recently rose 5.7%...
In a governance call on ROOK’s Discord server that CoinDesk attended, the project’s pseudonymous leader Hazard pushed back on perceptions that management has failed to deliver. Their recent silence on progress and lack of a roadmap is a function of ROOK’s clientele and their “conservative” lawyers' preference for...
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how...
Kwon, whose location had been a mystery for the past several months, also faces an investigation in South Korea and has been on an Interpol wanted list in connection with last year's TerraUSD collapse. Kwon already faced civil charges filed by the U.S. Securities and Exchange Commission, which...
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Bitcoin jumped above $28,800 earlier Thursday before retreating. Ether rose above $1,850, its highest level since August. Team Valhalla
FTX Ventures invested $101 million in Mysten Labs just months before Sam Bankman-Fried’s empire collapsed. Now, Mysten is buying back the stake (and Sui token warrants) for $96 million through bankruptcy court. Team Valhalla
“The silver lining, to the extent there is one of this type of development, is that it will force the establishment of case law that will inform how crypto is regulated and it will set some rules of the road for crypto to comply with,” Quick said. Team Valhalla...