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Category Archive : Crypto News

Bitcoin struggles despite European equities rally as Bank of England signals summer rate cut

The bitcoin price is struggling to keep above the $61,000 mark, despite a rally in European equity indices.

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Author: Brian McGleenon

Arcium raises $5.5 million in strategic round to develop ‘confidential computing’ network

On-chain confidential computing project Arcium completed a $5.5 million strategic funding round led by Greenfield Capital.

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Author: Vishal Chawla

Ripple and XRL Labs join digital asset recovery protocol DeRec Alliance

DeRec Alliance aims to standardize and expedite how digital assets can be recovered in the web3 industry, especially for crypto non-experts. 

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Author: MK Manoylov

Ledn sees growth in centralized lending, processes $690 million in crypto loans in Q1

Ledn’s crypto loan growth was spurred on by demand from former Celsuis clients and the launch of U.S. spot bitcoin ETFs, the firm said.

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Author: James Hunt

Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back

Crypto lender Ledn processed more than $690 million in loans during the first quarter, its most successful quarter since the firm’s inception in 2018.

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Author: Oliver Knight

First Mover Americas: Crypto Market Slides as Rebound Seen Delayed

The latest price moves in bitcoin (BTC) and crypto markets in context for May 9, 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

Trump and Biden-inspired memecoins rally despite broader crypto pullback

Memecoins inspired by U.S. presidential election candidates, particularly those related to Donald Trump, have rallied over the past 24 hours. 

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Author: Brian McGleenon

Bitcoin mining difficulty drops 6% in largest fall since bear market lows

Bitcoin mining difficulty has dropped 5.7% to 83.1 trillion as the network’s hash rate falls below 600 EH/s following the halving.

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Author: James Hunt

Binance Fired Investigator Who Uncovered Market Manipulation at Client DWF Labs: WSJ

A Binance team found that “VIP” clients – those trading more than $100 million per month – were engaging in pump-and-dump schemes and wash trading, the Wall Street Journal said.

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Author: Jamie Crawley

Crypto in Taiwan: Proposed AML changes could impose jail time for non-compliant firms

The Ministry of Justice proposed amendments to the anti-money laundering laws that could imprison offending crypto firms for up to two years.

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Author: Timmy Shen


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