Month: May 2025

Cantor Fitzgerald Chairman Brandon Lutnick personally verified Tether’s reserves when the firm began its relationship with the stablecoin giant, he said on Wednesday at Consensus 2025 in Toronto. The 27-year-old said that in the early days of Cantor Fitzgerald and Tether’s relationship, there were “a lot of rumors” that...

Anchorage Digital CEO Nathan McCauley denied reports that the U.S. Department of Homeland Security (DHS) is investigating the crypto bank, calling the reporting “bullshit” during a panel discussion at Consensus 2025 in Toronto on Wednesday In an article published last month, business publication Barron’s reported that DHS’s money laundering...

Sam Altman’s blockchain project World has sparked controversy in the past due to its use of iris-scanning technology to create digital identities. But World Foundation Advisor Liam Horne says that the controversy around that technology, known as orbs, is often misunderstood. It’s “actually the complete opposite,” of what critics...

Dogecoin’s recent rally is holding strong amidst a wider wave of inflows into the crypto market. In the past two weeks or so, Dogecoin has moved steadily from below $0.13 toward the $0.22 to $0.24 region, and the current outlook is a daily close above $0.25 to continue an...

Bitcoin is trading around $103,000 after a multi-week rally that saw the price surge through major resistance levels, reigniting bullish sentiment across the market. The breakout above $90K and $100K unlocked strong momentum, but now BTC enters a critical test zone that will shape the weeks ahead. A successful...

Binance, the world’s largest crypto exchange by trading volume, has now maintained a reserve ratio above 100% for 30 consecutive months. The streak was confirmed in the latest snapshot at Bitcoin block height 894,668, showing the company holding 616,886 BTC to back customer net balances of 604,410 BTC, equating...

IREN Ltd (NASDAQ:IREN) reported financial results for the third quarter of fiscal 2025 on Wednesday after the bell. Here’s a look at the key details from the report. Q3 Earnings: IREN reported first-quarter revenue of $148.1 million, missing analyst estimates of $159.37 million, according to Benzinga Pro. The company...

After a sudden, brief pullback on Tuesday, Dogecoin has rebounded strongly as bullish sentiment returned to the broader crypto market, fueled by Bitcoin’s persistent rally. As the largest dog-themed meme coin moves close to key resistance zones, technical developments are pointing to an extension of the current upward trend...

Shares of eToro climbed nearly 29% in their debut on the Nasdaq exchange after going public at a roughly $4.2 billion valuation on Tuesday. Stock indexes saw mixed results on Wednesday, with the S&P 500 and Nasdaq trading higher and the Dow Industrials lower. Bitcoin (BTC) drifted modestly lower...

Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. This is Margaux Nijkerk and Sam Kessler, CoinDesk’s Tech team. In this issue: Hacking Attempt on Lido Results in 1.4 Ether Lost From Oracle Provider Bitcoin DeFi Security Improves as Rootstock Boosts Hashrate...