Wyoming Grants DAOs New Legal Structure
Wyoming has established a new legal framework for in-state decentralized autonomous organization (DAO) nonprofits that has crypto investment giant Andreessen Horowitz (a16z) calling the state an “oasis.”
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Appeals Court Revives Aspiring Class Action Lawsuit Against Binance
A Friday ruling doesn’t make any declaration on whether the tokens at the heart of a lawsuit against Binance are securities, but it may give investors a chance to argue that they are.
Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock
Ethereum network fees surged to nearly two-year highs, largely driven by the speculative frenzy with meme tokens such as PEPE, SHIB and FLOKI.
BlackRock Plans to Acquire Spot Bitcoin ETPs for Its Global Allocation Fund
(Jim Henderson, modified by CoinDesk)
DCG’s Barry Silbert Pitched Genesis-Gemini Merger in a Drastic Bid to Save the Lender in 2022
DCG CEO Barry Silbert (CoinDesk archives)
Crypto Investment Scam Losses in U.S. Grew 53% to $3.94B in 2023: FBI
Investment fraud at large grew by 38% from $3.31 billion to $4.57 billion, according to the bureau’s Internet Crime Report 2023, highlighting the prominent role that cryptocurrency plays in this area of crime.
SHIB’s 106% Move Higher Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update
Bitcoin cash and ethereum classic also posted significant gains as all 20 cryptos in the gauge appreciated.
‘Groundhog Day’ in Crypto as Bitcoin Again Plunges Following New Record
Bitcoin briefly rose above $70,000 Friday, but immediately tumbled to $67,000, repeating Tuesday’s action.
Ether Hits $4K for First Time in More Than Two Years
The second-largest cryptocurrency last surpassed that level in December 2021.
U.S. Added 275K Jobs in February; Unemployment Rate Unexpectedly Rose to 3.9%
So far in 2024, bitcoin’s concerns about the path of the economy or interest rates have taken a back seat to the overwhelming demand from the spot ETFs.