Bitcoin Staking Project Babylon Raises $70M Led by Paradigm
The funding round included contributions from Polychain Capital and the venture arm of crypto exchange and CoinDesk parent company Bullish.
Finance
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi
NYSE Would Consider Crypto Trading If Regulatory Picture Were Clearer, President Says at Consensus 2024
NYSE President Lynn Martin and Bullish CEO Tom Farley discussed crypto regulations, changing U.S. politics and the limitations and opportunities of blockchain tech to improve traditional markets.
Web3 Digital Identity Network Galxe Crafts Own Layer-1 Blockchain Gravity
Gravity’s first iteration will go live this June, with plans for the final version with staking and restaking to launch in the second quarter of 2025.
TradFi Rushes In: Goldman Sachs Digital Assets Lead Matthew McDermott on the Institutional Embrace of Tokenization
The financial industry veteran discusses ETFs, tokenization and future banking blockchain opportunities at Consensus 2024.
Cathie Wood Says Ether ETF Filings Were Approved Because Crypto Is an Election Issue
Wood says the filings in support of ether ETFs were not approved in a regular way.
AI revises XRP price prediction for end of 2024
The crypto markets have given much cause for excitement to investors and traders throughout 2024. The year has featured significant … Continue reading
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NYSE Plans Bitcoin Options, Bringing Another TradFi Giant Into Crypto
CoinDesk Indices’ XBX is currently the benchmark for $20 billion in ETF assets under management.
ZKasino Gives Users 72 Hours to Retrieve Their Ether
Aggrieved users have been given a 72 hour window to bridge their ether {{ETH}} back to the Ethereum blockchain after having deposits locked up for more than a month.
Riot Platforms Is Best Suited to Consolidate Bitcoin Mining Sector: Bernstein
The company has the financial capacity to consolidate the bitcoin mining space, the report said.