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A key player behind the Libra token bragged about buying access to Argentine President Javier Milei's inner circle months before the memecoin's scandalous launch and crash.In text messages reviewed by CoinDesk, Hayden Davis, CEO of Kelsier Ventures, claimed he could "control" Milei because of payments he had been making to
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Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022.Multiple users on the FTX subreddit have reported receiving funds on accounts at crypto exchange Kraken with the added interest on top. Creditors are scheduled to
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3183.11, down 1.4% (-46.75) since 4 p.m ET on Monday.Two of 20 assets are trading higher.Leaders: LTC (+4.9%) and BTC (+0.3%). Laggards: APT (-5.6%) and
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Tether, the crypto firm behind the $140 billion dollar USDT stablecoin, made an "unsolicited" proposal to acquire a majority stake in Latin American agricultural commodities producer firm Agrodeco (AGRO).Submitted on Feb. 14, the $12.41 per share offer was to bring to Tether's stake in the company from the current 19.4%
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Following a rocketing higher in its stock price since beginning to add bitcoin to its balance sheet less than a year ago. Metaplanet has announced a 10-to-1 stock split set to take effect on April 1.The Tokyo-based firm first started buying bitcoin in April 2024 and since has accumulated 2,031
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By Francisco Rodrigues (All times ET unless indicated otherwise)While bitcoin (BTC) is little changed over the past 24 hours, down just 0.7%, the broader market is in a bearish mood following the Libra token debacle, which has led to accusations of fraud and calls for the impeachment of Argentina's President
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U.S.-based art collective Kanbas made the largest non-fungible token (NFT) purchase in three years last week, scooping up a 1-of-1 artwork by Sam Spratt for $3 million.The artwork is called "X.Masquerade" and is the sixth chapter in the "Story of Luci." It ties into into an upcoming invite-only event that
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Shaurya MalwaShaurya 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,
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Bitcoin (BTC) is known to be a volatile asset, but as of late, this is not the case; bitcoin has been trading in a very tight range since the end of November, between $91,000 and $109,000.In other words, bitcoin’s volatility has compressed enormously. According to Glassnode data, the 2-week realized
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Core Foundation, the creator of a yield-bearing bitcoin token, has partnered with institutional lending protocol Maple Finance and custody firms BitGo, Copper and Hex Trust to push deep into the BTC staking sector.Core’s IstBTC token lets institutional participants earn yield on bitcoin holdings while staying safely inside trusted custodial partners
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