Lido’s dominance in the Ethereum staking market should raise serious concerns about Ethereum’s centralization, say the heads of the decentralized autonomous organization Asymmetry Finance. The potential impact of centralization on Ethereum could be catastrophic, leading […]
Sweat Economy – a fitness-focused decentralized application – announced the launch of a new governance vote on June 7th in the Sweat Wallet application. The move would enable the community to decide the fate of […]
A US court has slapped Binance CEO Changpeng Zhao, otherwise known as CZ, with a summons on behalf of the Securities and Exchange Commission (SEC). The agency has hurled accusations against Binance of securities law […]
“We stand united with the crypto community in our efforts to advocate for sensible crypto policy in the U.S.,” a spokesperson for Coinbase told CoinDesk. “The Stand with Crypto commemorative NFT is a symbol of […]
Treasury Secretary Janet Yellen signaled broad support for US financial regulators during an interview with CNBC’s Squawk Box. The comments follow hot on the heels of this week’s SEC lawsuits against Binance and Coinbase, the […]
Armstrong insisted Coinbase would not be at risk of a bank-run-like rush of withdrawals similar to those some of its peers have suffered. “All the funds are backed one-to-one, and you don’t have to take […]
Currently, publicly listed miners mine at a cost of $10,000-$15,000 per bitcoin, said Wolfie Zhao, head of research at mining consultancy Blocksbridge. Once the halving happens, these costs will double, bringing miners’ breakeven point to […]
Binance.US is delisting advanced trading pairs for coins such as AAVE, BCH and MKR on June 8. The 40 coins being delisted are for advanced trading pairs of USDT, BTC and BUSD. Binance.US has also […]
BNB, the Binance Smart Chain’s native token, dropped 8% in the last 24 hours to as low as $252, its lowest price since early January, according to CoinDesk data. Cardano’s ADA, Polygon’s MATIC and Solana’s […]
That being said, Whittemore imagines that in the Web3 space specifically, AI could be used to quickly summarize crypto-adjacent news. “CoinDesk is the destination website for a lot of people in Web3,” says Whittemore. But […]
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