Tag: News

A South Korean court has acquitted Lee Hyung-soo, CEO of crypto investment firm Haru Invest, of criminal fraud charges linked to the alleged mismanagement of investor funds amounting to over $650 million. The decision, issued on Tuesday by the Seoul Southern District Court, comes nearly a year after Haru...

DDC Enterprise and Fold Holdings have confirmed raises worth a total of $778 million as a biotech firm said it would raise $50 million to add HYPE as a treasury asset....

In a display of crypto’s long game paying off, a participant in Ethereum’s 2014 Initial Coin Offering (ICO) awoke after 10 years of dormancy and deposited 2,000 ETH that they had acquired at the time onto Binance. If they cashed out, the potential windfall from a mere $620 investment...

Data shows Internet Computer has become the number one ranked coin in this metric, ahead of the likes of Ethereum (ETH) and Cardano (ADA). Internet Computer Is Number One Ranked On Dev Activity List In a new post on X, the analytics firm Santiment has shared how the top...

Cryptocurrency bettors on Polymarket were growing confident that the U.S. would take military action against Iran as President Donald Trump demanded “unconditional surrender.” What happened: The odds for the betting contract titled “US military action against Iran before July?” jumped from 48% to 66% in the last 24 hours....

Leading cryptocurrencies edged lower Tuesday amid fears of U.S. involvement in the Iran-Israel conflict. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) -2.06% $104,735.63 Ethereum (CRYPTO: ETH)                -1.79% $2,525.57 Dogecoin (CRYPTO: DOGE)           -1.35% $0.1698 What Happened: Bitcoin steadily declined throughout the day, falling to an...

Texas is now within a single, silent procedural heartbeat of creating the nation’s largest government-run stash of bitcoin. Senate Bill 21, the Texas Strategic Bitcoin Reserve and Investment Act, was dispatched to Gov. Greg Abbott on June 1 after clearing both chambers by wide margins. Texas Bitcoin Reserve Set...

France faces a familiar problem: it often makes more electricity than it can sell. According to energy researcher Raphaël Bloch, the country wasted about € 80 million worth of power in 2024. Now, a group of lawmakers wants to put that extra juice to work. They’ve filed Amendment No. 547 with...

Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins its trading...

Dogecoin has once again returned to a familiar price range that has historically acted as a launchpad for upward moves. In the latest 4-hour candlestick timeframe, Dogecoin is now approaching the $0.168 to $0.172 support band, a level it previously bounced from earlier this month. Despite this price decline,...