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Crypto

Counting down the days: State of Crypto

Counting down the days: State of Crypto

2 months ago by Crypto InsightsCrypto

Senators Ruben Gallego and Thom Tillis sent a proposed revised ethics provision to the White House on Thursday, after drafting the compromise the day before, an industry source familiar with the talks told CoinDesk. As of midafternoon on Friday, the White House had not officially… Read More

Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says

Legacy crypto on-ramps and bridges will disappear as payments become invisible, Fun CEO says

2 months ago by Crypto InsightsCrypto

While those applications have become increasingly visible, the infrastructure that enables deposits, withdrawals and settlement has largely remained behind the scenes. Fun is one of the companies building that infrastructure. The firm said it powers 100% of deposits and withdrawals on Polymarket and deposit flows… Read More

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

Bitcoin cold-wallet attack spreads to 4,500 addresses as losses near $89 million

2 months ago by Crypto InsightsCrypto

The attacker working through Coldcard-generated keys is now emptying wallets worth a few thousand dollars each. Galaxy Research flagged a third wave of sweeps early Sunday, roughly 208 bitcoin drained from 1,912 addresses between Friday midday and Saturday morning UTC. That is just over a… Read More

Michael Saylor and team maintain 12% dividend for STRC

Michael Saylor and team maintain 12% dividend for STRC

2 months ago by Crypto InsightsCrypto

Holders of Strategy’s (MSTR) high-yielding preferred stock STRC will not see a dividend increase in August. Led by Executive Chairman Michael Saylor, Strategy is maintaining the current 12% dividend on the shares. STRC investors may have been expecting as much as a 50-basis-point hike in… Read More

Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

Tokenized stock trading surged 288% in July, but one QQQ token drove most of it

2 months ago by Crypto InsightsCrypto

Trading volume for tokenized stocks and ETFs surged 288% to a record $11.3 billion in July, though most of the increase came from a single Binance-linked token. Binance bStocks accounted for $9.41 billion, or 83.3% of the total, according to CoinDesk Data’s latest Stablecoins &… Read More

CZ calls for wallet diversification after $70 million Coldcard exploit

CZ calls for wallet diversification after $70 million Coldcard exploit

2 months ago by Crypto InsightsCrypto

Crypto holders used to focus on diversifying their coins. Now, following a $70 million Coldcard exploit, they’re being told to diversify their wallets as well. On Saturday, Binance founder Changpeng Zhao, known as CZ, asked crypto holders to split their funds across multiple wallets following… Read More

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