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FLOKI traded near $0.00007417 on July 5, up 1.32% over the past 24 hours, according to CoinDesk Research's technical analysis model. As for the broader memecoin sector as gauged by the CoinDesk Memecoin Index(CDMEME), it is up 1.79% during the same period.Although FLOKI is often categorized as a meme
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Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE,
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AI-focused NEAR token slumped by 5% on Friday despite the launch of Bitwise's NEAR exchange-traded product (ETP). The sell-off comes during a muted day for cryptocurrencies with bitcoin also falling back from its test of a new record high.The launch of Bitwise's NEAR Staking ETP marks a significant milestone for
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A group of hackers that gained unauthorized access to the Central Bank of Brazil's service provider has started laundering a portion of its $140 million haul using cryptocurrencies, according to On-chain analyst ZachXBT.The researcher revealed on Friday that between $30 million and $40 million of the stolen funds was converted
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Tokenization platform Ondo Finance said it agreed to buy Oasis Pro, a regulated brokerage platform, laying the groundwork for rolling out tokenized stocks in the coming months.The acquisition, whose price was not disclosed, would give Ondo a bundle of U.S. securities licenses: a broker-dealer, Alternative Trading System (ATS) and
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Nasdaq-listed crypto exchange Coinbase's Layer 2 scaling solution, Base, has gone from being the leader in 2024 in terms of capital inflows through cross-chain bridges to the top loser this year. Data from the Artemis Terminal shows Base has seen a net outflow of $4.3 billion this year, a stark
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Nano Labs (NA), a Nasdaq-listed chipmaker, snapped up about $50 million worth of Binance’s BNB token as it works toward a goal of owning as much as 10% of the total supply.The Hong Kong-based company said it bought 74,315 BNB in an over-the-counter deal at an average price near
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Solana declined 3.36% over the past 24 hours, retreating from $155.69 to $150.81, according to CoinDesk Research's technical analysis model, amid broader market pressures, even as institutional developments in Asia signal growing momentum for the blockchain, One of Japan’s most digitally progressive banks has launched a new initiative that
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Tokenization platform Ondo Finance and digital asset investment firm Pantera Capital have teamed up to invest $250 million in real-world asset (RWA) projects as the red-hot tokenization trend is accelerating.The initiative, named Ondo Catalyst, aims to invest in protocols and infrastructure projects that enhance the development of tokenized finance
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Sui is trading at $3, up about 4% in the past 24 hours, as the token continues to rally following an announcement by Lion Group Holding Ltd. (LGHL) that it intends to acquire SUI tokens as part of a broader $600 million crypto treasury strategy.The strategy was announced on
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