Cyptocurrency

U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto

The U.S. District Court for the Northern District of Texas has ordered the Securities and Exchange Commission to throw out its so-called "dealer" rule, finalized in February. Crypto industry groups had sued the agency, arguing its rule marked an inappropriate stretch…

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Payments Giant Stripe Brings Crypto Services to Aptos as Circle’s USDC Stablecoin Launch on the Network

Payments firm Stripe is expanding its crypto products to layer-1 blockchain Aptos (APT) and stablecoin issuer Circle plans to bring its flagship stablecoin, USDC, to the network, ecosystem development organization Aptos Foundation told CoinDesk on Thursday. Until now, USDC has been…

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CoinDesk 20 Performance Update: BCH Gains 13.1%, Leading Index Higher from Wednesday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3081.58, up 4.8% (+141.11) since 4 pm on Wednesday. Seventeen of 20 assets are trading…

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Mastercard and JPMorgan Link Up to Bring Foreign Exchange on the Blockchain

The collaboration is to enhance B2B cross border payments “providing greater transparency and faster settlement as well as reducing time zone friction.” By integrating Mastercard MTN's connectivity with Kinexys Digital Payments, mutual customers of MTN and Kinexys will be able to…

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First Mover Americas: Bitcoin at $100K Sounds Nice, but Expect Pullback

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day. Latest Prices Ether ETFs Saw Biggest Outflows Since July Bitcoin Breaks $64K While…

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Sui Network Back Up After Scheduling Bug Leads to Two-Hour Downtime; SUI Recovers

Sui Network (SUI), a relatively new blockchain, experienced an unexpected two-hour outage on Thursday. Sui's downtime was caused by a bug in its transaction scheduling logic, which led to its validator network crashing. The issue has now been resolved, the network…

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Futures Open Interest on CME Surpasses 215K Bitcoin for the First Time as BTC Eyes $100K

Bitcoin futures open interest on the CME exchange has hit 218,000 BTC ($21.3 billion). The cryptocurrency's market cap is closing in on a historic $2 trillion. CME growth is largely coming from active and direct participants, K33 research says. Bitcoin Breaks…

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Chillguy Creator Threatens Legal Action as Crypto Trenches Scour TikTok

Phillip Banks, the creator of the "Chill Guy" meme, said he's copyrighted the character and plans to issue takedown notices for any for-profit use. Notable figures in the crypto community responded by humorously suggesting Banks accepts tokens or money through a…

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BitGo Launches Singapore Services, Eyes Other Crypto-Friendly Regions in Asia

US digital asset infrastructure provider BitGo has officially launched BitGo Singapore. Although the company has operated in the city for several years, it will now offer a wider range of services for institutions. It follows the Monetary Authority of Singapore issuing…

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Leveraged MicroStrategy Markets Showcase Risk-On Like Never Before as Bitcoin Aims for Six-Digit Price

Options tied to Defiance's 2X long MicroStrategy ETF (MSTX) exhibit extreme bullish positioning. The leveraged ETF is designed to two times or 200% of the daily performance of MSTR's share price. Bitcoin Breaks $64K While Gold Soars ETH/BTC Ratio Slid to…

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Crypto Agents and Verifiable Systems Are the Future of Safe, User-Centric Tech

As technology continues to progress, a critical question surfaces: how can we build systems that empower individuals while safeguarding against misuse? The answer may lie in an emerging class of autonomous digital technology, commonly being referred to as “agents.” Agents are…

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Frank McCourt’s Decentralized Internet Project Enters Ethereum Ecosystem With Consensys Partnership

Project Liberty, which is building a decentralized social media ecosystem, is working with Consensys to expand into Ethereum (ETH). The project is "meeting the zeitgeist" and is population-scale ready, founder Frank McCourt said in an interview. Bitcoin Posts New ATH Amid…

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The Protocol: ENS on Bitcoin; Worldcoin, Without the Eyeballs

Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Marc Hochstein, CoinDesk's deputy editor-in-chief for features, opinion and standards. IN THIS ISSUE: Trump's Media Company in Talks to Buy Crypto Trading Platform Bakkt;…

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DeFi’s Renaissance

The repercussions of historically stringent cryptocurrency oversight are well-documented, but the ensuing sea change is perhaps not fully appreciated. With pro-crypto legislators likely to replace the current regulatory regime, we anticipate a more favorable environment for crypto applications. Decentralized finance (DeFi),…

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Beyond schedules and time zones: Can TradFi keep up with the 24/7 crypto revolution?

By Thomas Perfumo, Kraken Head of Strategy As crypto’s influence grows, it is clear TradFi must adapt as 24/7 trading becomes a global and generational expectation. Born for this: The crypto advantage Cryptocurrencies revolutionize trading by allowing transactions to occur anytime,…

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The Interface-off Challenge: Think your Kraken Pro setup is top-tier? Prove it and win!

Calling all trading maestros! It’s time to showcase your Kraken Pro prowess in our Interface-off Challenge. Your trading desk is a command center, so show us your customized layout that would make Wall Street traders green with envy. Kraken Pro customization…

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Kraken launches licensed broker offering for Australian wholesale clients

We’re thrilled to announce our new licensed broker offering that will service eligible Australian wholesale clients with a broad suite of exciting crypto-based derivatives products.  Starting today, we will enable wholesale clients to acquire crypto-based derivatives via our Australian financial services…

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