CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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SEC Closes Investigation Into Gemini Without Enforcement Charges
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into Gemini without filing enforcement charges. Cameron Winklevoss,...
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Bybit Confirms $1.5 Billion Hack Linked to Compromised Safe Wallet
Bybit has published a forensic review of the $1.5 billion hack, confirming that its systems were not breached. The issue arose from compromised Safe...
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Ethereum's Pectra Upgrade Launches on Holesky Testnet
Key updates in cryptocurrency technology and investment:
Pectra Upgrade on Testnet: Ethereum’s Pectra upgrade launched on the Holesky testnet...
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Core Scientific Stock Rises 11% Following $1.2 Billion Data Center Expansion
Core Scientific (CORZ) stock rose over 11% after-hours following a $1.2 billion expansion plan for its Denton, Texas data center in collaboration...
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Bitcoin Miners Relying on Grid Power Will Struggle After 2028 Halving
Marathon Holdings (MARA) cautioned that Bitcoin miners reliant on grid power will face challenges after the 2028 halving due to rising energy costs....
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SEC, Tron Foundation and Justin Sun Request Court to Pause Ongoing Case
The U.S. Securities and Exchange Commission (SEC), the Tron Foundation, and Justin Sun have filed a joint motion to pause the ongoing SEC case...
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U.S. Appeals Court Affirms Ruling Dismissing Uniswap Class Action Suit
The U.S. Court of Appeals for the Second Circuit upheld a lower court's decision to dismiss a class action suit against Uniswap, a decentralized...
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Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges
Aleksei Andriunin, founder of Gotbit, was extradited to the U.S. to face fraud charges related to a conspiracy to manipulate cryptocurrency token...
U.S. House Committee Votes 26-16 to Repeal IRS DeFi Tax Rule
The U.S. House of Representatives is moving to reverse IRS tax regulations on decentralized financial (DeFi) platforms. Key points include:
House...
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U.S. Treasury Secretary Appoints Galaxy Digital Counsel for Crypto Policy
U.S. Treasury Secretary Scott Bessent appointed Tyler Williams as an advisor on digital assets and blockchain technology policy.
Williams is...
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Bank of America Plans to Launch Dollar-Backed Stablecoin if Legally Allowed
Bank of America is poised to launch a dollar-backed stablecoin if U.S. legislation permits, according to CEO Brian Moynihan. Key points include:
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State Regulators Prepare for Increased Crypto Enforcement Amid Federal Changes
The appointment of a U.S. crypto czar and new crypto legislation signal a shift from "regulation by enforcement" in the U.S., although state...
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Strategy's BTC Holdings Drop 55% as Corporate Value Declines
Bitcoin's recent price drops have affected corporate holder MicroStrategy (MSTR), which has seen a 55% decline from its peak of $543 on November 21,...
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UK Government Introduces New Crime Bill to Aid Crypto Asset Recovery
The U.K. government has introduced a new crime bill aimed at enhancing law enforcement's ability to recover funds from crypto-related crimes.
The...
Strategy Trading at $73 Billion, 1.6x Value of Bitcoin Holdings
Strategy (NASDAQ: MSTR) has a market cap of $73 billion, approximately 1.6x its bitcoin holdings. This premium has sparked skepticism but is...
