Live Wire

Live Wire

Live Wire

April 27th

SDNY Courthouse 40 Centre Street
Policy

DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing

The DOJ said Tornado Cash was a money transmitting business, among other details.

April 27, 2024

April 26th

Bitcoin price on April 26 (CoinDesk)
Markets

Bitcoin Chops Around $64K, With Japanese Yen's Tumble Maybe Signaling 'Currency Turmoil,' Analyst Says

The yen's volatile episode may spread to other fiat currencies as U.S. rate cuts remain elusive amid sticky inflation, which could drive investors to gold and bitcoin, Noelle...

April 26, 2024


CoinDesk 20 top performers (CoinDesk Indices)
Markets

NEAR and SHIB Led CoinDesk 20 Gainers Last Week: CoinDesk Indices Market Update

The majority of the assets posted gains despite a choppy market, but there were notable decliners as well.

April 26, 2024

Caitlin Long, Founder and CEO, Custodia Bank and Michael Casey, Chief Content Officer, CoinDesk (Shutterstock/CoinDesk)
Policy

Custodia Bank Appeals Court Loss in Fed Master Account Lawsuit

Custodia filed a notice of appeal on Friday after a judge last month ruled it did not have the right to a Fed master account.

April 26, 2024

U.S. Sen. Elizabeth Warren asked Attorney General Merrick Garland what more can be done to stop crypto use in child sexual abuse.  (Jesse Hamilton/CoinDesk)
Policy

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

Digital assets are the "payment of choice" for child sexual-abuse materials, Sens. Elizabeth Warren and Bill Cassidy wrote in their letter, asking what tools the feds need.

April 26, 2024

An image from Teleport, a decentralized ride-sharing service.
Consensus Magazine

DePIN for the Win: Spreading the Benefits of the Gig Economy

Community protocol networks that coordinate hardware-based services with tokens promise an upgrade in efficiency and fairness, says Ivo Entchev, a partner at Youbi Capital.

April 26, 2024

cd
Markets

First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase

The latest price moves in crypto markets in context for April 26, 2024.

April 26, 2024

bitcoin, money, virtual. (Leamsii/Pixabay)
Finance

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

The startup is one of the first to build tokenized tech for Bitcoin's Runes era.

April 26, 2024

ConsenSys founder Joseph Lubin is also a co-founder of Ethereum. (CoinDesk)
Consensus Magazine

Consensys, a Target for the SEC’s Assault on ETH, Is Fighting Back

The Ethereum development company is seeking regulatory clarity on a number of questions, in a case that some experts see as potentially heading to the Supreme Court.

April 26, 2024

European Parliament (Frederic Köberl/ Unsplash)
Policy

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

The new laws set up "enhanced" due diligence and customer checks for crypto firms.

April 26, 2024

Ark Invest CEO Cathie Wood
Markets

ARK Sells Last of Its ProShares Bitcoin Futures ETF Shares

The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday's closing price of $28.22 from its Next Generation Internet ETF (ARKW)

April 26, 2024

China renminbi bills (Moerschy/Pixabay)
Policy

Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report

Yao Qian is reportedly being investigated for "violations of discipline and law."

April 26, 2024

U.S. Treasury Secretary Janet Yellen at American University (Jesse Hamilton for CoinDesk)
Markets

The Key to Reviving Bitcoin Bull Run is the U.S. Treasury’s Refunding Announcement

Risk assets will likely rally if the TGA estimate is maintained at or lowered from the current $750 billion, one observer said.

April 26, 2024

(CoinDesk Indices)
Markets

Bitcoin Stable Above $64K While ETF Outflows Hit $200M

The relationship between bitcoin's price and ETF outflows is weakening

April 26, 2024

April 25th

UK United Kingdom British England Flag (Unsplash)
Policy

UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect

Law enforcement agencies will no longer need to wait for an arrest to seize crypto.

April 25, 2024

Stripe co-founder and President John Collison said, "crypto is finding real utility," in a keynote on Thursday. (Christophe Morin/IP3/Getty Images)
Finance

Stripe Brings Back Crypto Payments Via USDC Stablecoin

The payments firm stopped taking crypto payments in 2018 due to bitcoin’s high volatility.

April 25, 2024

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)
Policy

Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum

By offering their MetaMask wallet software, the SEC says Consensys is acting as an unregistered securities broker.

April 25, 2024

a hundred dollar bill
Finance

Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers

The new feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund's BENJI token and make it more interconnected with the digital asset ecosystem.

April 25, 2024

Kara Swisher (CoinDesk)
Markets

Kara Swisher Downplays Crypto's Significance: 'It's Not the Center of Everything'

The author of "Burn Book" says argued that the cryptocurrency sector has been caught up in a "huge hype cycle" with a considerable amount of "scammery" involved.

April 25, 2024