Minutes from the Fed’s September meeting may indicate that officials are beginning to consider ending the balance sheet reduction plan. The Fed cut interest rates by 25 basis points at its last meeting. The minutes of that meeting will be released today at 10:00 PM (UTC+3). The Fed, which reversed the expansionary policies implemented during
Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk. In this issue: BTCFi’s Big Problem: 77% of Bitcoin Holders Haven’t Even Tried It, Says Survey Ethereum’s Fusaka Upgrade Passes Holesky Test, Moves Closer To Mainnet DoubleZero Mainnet Goes Live With 22%
375ai raised $10 million across multiple rounds, Blockworks has exclusively learned. It raised $5 million in a round led by Delphi Ventures, Strobe Capital and HackVC. 6MV, ARCA, EV3, Peaq and Heartcore also participated in rounds to bring the total to $10 million. The project, as CEO Harry Dewhirst explained to Blockworks, captures data in
Even though some pundits predicted that Bitcoin would be able to outperform gold in the second half of the year, the yellow metal is refusing to let the digital rival steal its thunder. In fact, the O.G. store of value added a whopping $4.2 trillion in just two months. This equals the entire cryptocurrency market
Kerrisdale Capital has taken a short position in BitMine Immersion (BMNR), the ether-focused digital asset treasury firm led by Fundstrat’s Thomas Lee, calling its business model a relic of a bygone crypto era. In a detailed report published Wednesday, the well-known short-seller said BitMine’s strategy mirrors that of Strategy (MSTR) — issuing shares at a
Stablecoin payments startup Coinflow has raised $25 million in a Series A round led by Pantera Capital, as it moves to scale its global payout network and challenge legacy cross-border systems. The Chicago, Illinois-based firm has grown revenue 23-fold since 2024 and now supports stablecoin-powered payments in over 170 countries, it said in an announcement
Story Highlights Polymarket CEO Shayne Coplan reveals previously undisclosed $205M in funding rounds Earlier this year, Founders Fund led a $150M round at a $1.2B valuation; last year, Blockchain Capital led a $55M round at $350M. Polymarket, an American crypto-based prediction market, is turning heads with record growth, major funding rounds, and high-profile investors. From
Institutional asset manager Pantera Capital unveiled its blockchain summit, which kicked off yesterday in New York City. This year’s Pantera Blockchain summit is the tenth in a series of gatherings since 2013, back when blockchain was a $2 billion industry, with it now over $4 trillion. The summit featured a stacked lineup of discussions with
Fireblocks Trust Company, a New York State-regulated custodian under the Fireblocks platform, has partnered with Galaxy, Bakkt, FalconX and Castle Island to expand institutional-grade crypto custody. Operating under New York Department of Financial Services (NYDFS) oversight, the company is rolling out a custody framework to meet soaring institutional demand for regulated digital asset infrastructure spanning
Robert Kiyosaki, a famous business literature writer, best known for his best-selling work “Rich Dad Poor Dad,” is back at it, and by “it” we mean claims about the insufficiency of the U.S. dollar. For many months and even years, Kiyosaki has slammed the U.S. national currency and monetary policy of the Fed, calling the