EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
Billions of dollars worth of ether have been withdrawn from restaking protocols over the past month as the once-trendy sector starts to be hit by the fickle nature of crypto investors.
Protocol Village: ZK Proofs Arrive on Bitcoin, Roxom Launches Bitcoin-Based Stock, Commodities and Futures Exchange
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 25-31.
Jito Releases Open-Source Restaking Service for Solana
The yet-to-implemented codebase allows any Solana-based protocol to use any asset for its economic security.
Crypto for Advisors: Making Sense of Crypto
As the momentum of the crypto and blockchain industry continues to grow, securities advisors are undoubtedly facing a greater number of questions from clients about specific crypto assets and the projects which underlie them. Evaluating these projects requires a thorough understanding of several crucial factors to ensure informed investment decisions.
CoinDesk 20 Performance Update: Broad-Based Decline Hits All 20 Assets, Sending Index Lower by 4.4%
The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6% drop in ETH.
Bitcoin Miner Marathon Buys $100M BTC, Will Once Again Adopt ‘Full HODL’ Strategy
The miner holds over 20,000 bitcoin and plans to buy more in the open market.
First Mover Americas: Bitcoin Slides After Wednesday’s Tech Rout
The latest price moves in bitcoin (BTC) and crypto markets in context for July 25, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Russian-Speaking Groups Responsible for Majority of Crypto Ransomware Attacks in 2023: TRM Labs
Inflows to Russia-based crypto exchange Garantex accounted for 82% of the crypto volumes that belonged to sanctioned entities internationally, the report added.
Coinbase’s CBPL Fined $4.5M by UK Regulator for Lapses in Onboarding Controls
Despite the restrictions in place, CBPL onboarded and/or provided e-money services to 13,416 high-risk customers, the Financial Conduct Authority said.
Bitcoin, Stocks Bleed as China Rate Cuts Signals Panic, Treasury Yield Curve Steepens
China’s back-to-back interest-rate cuts signal urgency to shore up growth after the recent Communist party plenum offered little support to the nation’s flagging economy.