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According to a balance sheet shared by the Foundation, at the end of the first quarter it held $41.41 million in fiat and stablecoins, along with 730,000 UNI tokens. The fiat and stablecoins are designated for grant commitments and operational activities, while the UNI tokens are reserved for employee awards.

Before Trump’s presidency ended in January 2021, he granted clemency to 143 individuals – pardoning 73, including Ripple board member Ken Kurson, and commuting the sentences of 70 others. He did not offer clemency to Ulbricht, Wikileaks founder Julian Assange or Edward Snowden, who released details about a U.S. surveillance program to American journalist Glenn Greenwald.

Donald J. Trump tightened his recent embrace of crypto today, posting on social media, “I am very positive and open minded to cryptocurrency companies and all things related to this new and burgeoning industry,” as both sides in the upcoming presidential election appear to be seeking to win over pro-crypto voters.

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a

In 2007, Beeple started a project that would eventually make him famous. The “Everydays” series began as a daily drawing habit of crude little doodles that seemed to betray his more corporate, Bill Gates appearance. The drawings were the crass products of a mind feeding on internet bile (racist caricatures, nude women, penis jokes, political

The bill’s proposed bifurcated market for restricted and unrestricted digital assets ignores fungibility as a fundamental characteristic of crypto tokens. By creating categories of restricted and unrestricted assets, the bill disrupts this principle, leading to confusion and market fragmentation. This could impair liquidity, complicate transactions and risk management mechanisms such as derivatives, reduce the overall

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a

The Fantom team also shared that once the Sonic chain goes live, expected sometime this year, the network will have its own native token, $S, “which will be 1:1 compatible with Fantom’s existing $FTM token after a recent governance vote codifying the two tokens’ interoperability.”

For too long, the regulatory landscape for digital assets in the United States has been an untenable, muddled mess. Different federal agencies have asserted conflicting jurisdiction, creating confusion and uncertainty in the marketplace. Meanwhile, the U.S. Securities and Exchange Commission (SEC) has taken advantage of this precarious situation, supercharging a campaign of intimidation and enforcement

Bitcoin hovered around the $70,000 mark during the European morning, a slight drop following Tuesday’s rally to as high as $71,400. BTC is currently priced at $70,069, around 1.6% lower over 24 hours. The CoinDesk 20 Index (CD20), offering a measurement of the broader digital asset market, fell about 0.5%. BlackRock’s spot bitcoin ETF (IBIT)

Tuesday was also the third day in a row of inflows, marking a break from the general trend of decreasing ETH balance on exchanges, Nansen data shows. The last time ETH experienced consecutive days of inflows to exchanges was in March, near this year’s peak in crypto prices.

Late Monday, Bloomberg’s ETF analysts increased the probability of the U.S. Securities and Exchange Commission (SEC) green lighting the spot ETH ETFs to 75% from 25%. Meanwhile, CoinDesk reported that the SEC had asked exchanges looking to list and trade potential spot ether ETFs to update 19b-4 filings on an accelerated basis, a sign of

A Monday rally during the U.S. trading day put an end to what had been very muted crypto price action over the previous 72 hours, pushing bitcoin (BTC) above $68,000 for the first time in more than five weeks. At press time, the world’s largest crypto was changing hands at $68,250.

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a

Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto it in a show of solidarity with the SEC. Although a number of high profile Democrats, including New York Sen. Chuck Schumer, voted in favor of overturning the bulletin, the Senate’s 60 to 38 vote

SOL hit $170 on Friday, its highest price in more than a month, before slightly retreating to $166 recently. It has advanced nearly 7% over the past 24 hours and is now up more than 40% from the crypto market’s local bottom in early May, while BTC sank to $56,000.

“Compared to the U.S., the south of Oman has a few geopolitical advantages that are unique. It is very good for connections, as it’s next to submarine cables landing. It has, low [cost] electricity, reduced political risk, and favorable weather conditions for data centers,” said Olivier Ohnheiser, CEO of Green Data City, an Oman crypto-mining

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a

On May 9, CleanSpark said it was buying two mining sites for nearly $19 million in cash, with a 45-day closing, without naming a specific seller. The miner said it will deploy China-based Bitmain’s latest generation mining machine, noting that it plans to expand the sites by an additional 55 megawatts (MW) from 75MW.

“Behind the scenes, I think a lot of investment committees at these bigger institutions are working through getting approvals for allocating funds to bitcoin. This sort of approval process doesn’t happen overnight, however, meaning that it will take months and possibly years for this sort of institutional adoption of bitcoin to fully play out, but