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NEW YORK — Hack and scam victims who reached out to Tornado Cash requesting assistance retrieving their stolen funds received little in the way of help from the privacy tool’s developers, three government witnesses told the jury during day two of Roman Storm’s criminal money laundering trial.One victim, a Taiwan-born Georgia
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Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux Nijkerk, CoinDesk’s Tech & Protocols reporter.In this issue:Eclipse Launches $ES Airdrop, Distributing 15% of Token SupplyRisc Zero’s 'Boundless' Incentivized Testnet Goes LiveBitcoin Devs Float Proposal to Freeze Quantum-Vulnerable Addresses — Even Satoshi
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Ethereum's ether (ETH) raced ahead on Wednesday, leading the crypto market higher after a modest dip earlier this week.ETH broke above the $3,200 level for the first time since early February, gaining 6.5% over the past 24 hours, CoinDesk data shows. It's now ahead a full 22% over the past
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What looked like a rebound at first glance reflected something deeper; a change in the nature of demand. As digital assets rallied, institutional flows became more targeted, and corporate balance sheets emerged as a key driver of market structure. Bitcoin rose 29.8%, reaching a new all-time high in June, according
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Bitcoin triumphantly formed a series of fresh record highs last week, eventually topping out just shy of $124,000 as profit taking emerged. The rise has paved the way for what many are describing as the latest "altcoin season," which involves crypto tokens other than bitcoin making often exponential moves to
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Cantor Equity Partners I (CEPO) is changing hands just shy of $15 in morning U.S. action, up about 25% from the $12 level it traded at prior to a late-Tuesday story from the FT that the company and Adam Back were nearing a $3.5 billion funding deal.To review, CEPO is
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Ethereum scaling network Arbitrum's token (ARB) is gaining on Wednesday as speculation swirled that the network could be next where PayPal's U.S. dollar stablecoin (PYUSD) will be deployed. The network was recently added to PayPal's cryptocurrency terms and conditions webpage as a supported chain for PYUSD, alongside Ethereum and Solana
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Talos, an institutional trading technology provider for digital assets, is set to acquire crypto data firm Coin Metrics in a deal exceeding $100 million, according to a person familiar with the matter.The acquisition will combine Talos’s execution and portfolio management infrastructure with Coin Metrics’ blockchain analytics, market data, and index
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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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A Florida Congresswoman's post on X has moved the market for bettors looking to speculate on the firing of Federal Reserve chair Jerome Powell.Jerome Powell is going to be fired. Firing is imminent.— Rep. Anna Paulina Luna (@RepLuna) July 16, 2025 Anna Paulina Luna (R- Florida) claimed on the social
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