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Financial News

Polkadot (DOT) drops 2.3% as index trades lower

Polkadot (DOT) drops 2.3% as index trades lower

3 weeks ago by Crypto InsightsCrypto

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 2044.07, down 0.2% (-3.83) since 4 p.m. ET on Monday. Ten of 20 assets are trading higher. Leaders: APT… Read More

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

Balancer Labs to shut down following $110 million exploit, co-founder says in DAO post

3 weeks ago by Crypto InsightsCrypto

The company that built decentralized finance (DeFi) powerhouse Balancer is closing. Balancer co-founder Fernando Martinelli announced Tuesday that Balancer Labs, the corporate entity that incubated and funded the decentralized exchange protocol, will be shutting down. The decision comes roughly five months after a v2 exploit… Read More

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

4 weeks ago by Crypto InsightsCrypto

Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on allowable stablecoin yield was overly narrow and unclear, according to a person familiar with the current draft. The new language,… Read More

BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail

BlackRock is betting billions that tokenized funds will do for Wall Street what the internet did to mail

4 weeks ago by Crypto InsightsCrypto

BlackRock Chairman and CEO Larry Fink used his annual letter to shareholders to argue that digital assets and tokenization could help update the financial system, even as he warned that the U.S. economic model is leaving too many people behind. In the letter, Fink said… Read More

Fed’s Miran speaks, Bitgo earnings, Casper hard fork: Crypto Week Ahead

Fed’s Miran speaks, Bitgo earnings, Casper hard fork: Crypto Week Ahead

4 weeks ago by Crypto InsightsCrypto

As the war with Iran enters its fourth week, crypto markets will be dominated by macro events. Off the global stage, however, traders will be navigating a number of supply events while Aave prepares for the deployment of its v4 platform and hard forks loom… Read More

The SEC explains how it’s viewing a crypto security: State of Crypto

The SEC explains how it’s viewing a crypto security: State of Crypto

4 weeks ago by Crypto InsightsCrypto

The U.S. Securities and Exchange Commission and Commodity Futures Trading Commission published interpretive guidance explaining how they might define what is or isn’t a security in crypto; the CFTC also issued a no-action letter for a non-custodial wallet provider to facilitate derivatives and prediction markets… Read More

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