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Category Archive : Crypto News

Paradigm leads $70 million raise for Bitcoin staking protocol Babylon

Babylon builds infrastructure allowing proof-of-stake systems to obtain staking capital from bitcoin.

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Author: MK Manoylov

Virtual currency firms in New York will have to follow new customer service obligations, state’s financial watchdog says

NY virtual currency firms will need to have procedures in place to “promptly address customer services requests and complaints,” NYDFS said.

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Author: Sarah Wynn

Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says

Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.

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Author: Will Canny

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.

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Author: Jamie Crawley

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

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Author: Oliver Knight

Citi-backed crypto unicorn Talos acquires DeFi platform Skolem

Crypto trading software provider and unicorn Talos has made its third acquisition by buying Skolem, which offers a DeFi access platform.

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Author: Yogita Khatri

Polyhedra opts for ‘ZKJ’ ticker across exchanges amid clash with zkSync

Polyhedra Network said it will go with the ticker ZKJ for its Friday listing on crypto exchange HashKey Global and current listings across exchanges.

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Author: Timmy Shen

Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally

The uptick signals a bullish outlook, according to Wintermute.

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Author: Omkar Godbole

First Mover Americas: Crypto in the Red Ahead of Friday’s U.S. Inflation Data

The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Author: Jamie Crawley, Omkar Godbole

EU elections could hint at future direction for crypto regulations, Bitfinex analyst says

Next week’s EU parliamentary elections might give some clues on how the bloc will regulate the cryptocurrency sector, the analyst said.

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Author: Brian McGleenon


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