Newly unsealed Justice Department documents reveal that Coinbase co-founder Fred Ehrsam was involved in emails regarding a $3 million investment from Jeffrey Epstein in 2014, long after Epstein’s initial conviction. While Epstein’s stake was less than 1% and he held no governance role, the records show Ehrsam expressed interest in a meeting during the funding
Fold Holdings, which provides Bitcoin financial services, has rolled out an updated app experience that combines Bitcoin rewards, spending, and account activity into a single financial hub. The Phoenix-based company said the update reflects customer feedback and aims to simplify tracking and using Bitcoin, while laying the foundation for upcoming products, including the Fold Bitcoin
Spain’s second-largest lender is joining a fast-forming consortium of major banks that plans to launch a regulated euro stablecoin and reshape digital payments in Europe. Summary BBVA becomes 12th bank in Qivalis consortium Bank-backed alternative to dollar stablecoins Market context and dominant issuers Use cases for euro-denominated blockchain payments Regulatory path under MiCA Timeline and
The U.S. stock market is having an identity crisis, torn between the promise of blockbuster earnings and the panic over an artificial intelligence (AI) bubble. The Gravity of the Grift Wednesday’s mixed trading session is more than just a squiggle on a chart; it’s a stark Rorschach test for investor sentiment. With the Dow Jones
Nomura Holdings pushed back against suggestions it is losing confidence in crypto, saying tighter risk controls at its Laser Digital unit are designed to limit short-term earning swings while it focuses on longer-term strategies, the bank told CoinDesk in emailed comments on Wednesday. “Given the nature of the crypto-asset business, we recognize that a certain
Indian crypto investors have shed the speculative itch and are buying the dip in bitcoin BTC$76,073.52 price like seasoned pros, Mumbai-based CoinDCX exchange told CoinDesk. “Indian investors are maturing. They’re no longer driven purely by sentiment or headlines; instead, they’re focused on fundamentals and the long-term potential of the asset class,” CoinDCX’s CEO Sumit Gupta
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 2201.13, down 1.9% (-43.33) since 4 p.m. ET on Tuesday. One of 20 assets is trading higher. Leaders: CRO (+1.4%) and HBAR (-0.4%). Laggards: SOL (-5.3%) and UNI (-3.6%).
Blockchain-based prediction-market platform Opinion said it raised $20 million in pre-Series A round, underscoring that some corners of the crypto economy can still attract sizeable funding even when broader markets are depressed. The round included backing from Hack VC, Jump Crypto, Primitive Ventures, Decasonic and others, according to an emailed announcement on Wednesday. Opinion operates
ProShares unveiled the first U.S.-listed exchange-traded fund (ETF) designed to target the performance of the CoinDesk 20 Index, expanding options for investors seeking broad exposure to crypto markets. The CoinDesk 20 Crypto ETF (KRYP) is the first ETF tied to the benchmark of 20 of the largest and most liquid digital assets, ProShares said in
Elon Musk has crossed the 800M net worth milestone following the blockbuster merger between SpaceX and xAI, a deal that has reshaped both the technology landscape and investor expectations. The combined valuation of the merged entity is being reported at approximately $1.25 trillion, instantly creating one of the most valuable private companies in the world.