The Trump administration is preparing to launch a new trade investigation into China’s failure to comply with the terms of a 2020 trade agreement. According to sources familiar with the matter, this step could increase tensions between the US and China and pave the way for new customs duties. As relations between the world’s two
FalconX’s acquisition of 21Shares on Oct. 22 will add prime brokerage to the crypto investment management firm that oversees more than $11 billion across dozens of exchange-traded products (ETP). The deal, which has an undisclosed sum, merges prime brokerage infrastructure with one of the largest crypto ETP issuers, creating a vertical integration that could reshape
ReachMe, the paid messaging platform running on BNB Chain, has announced that it has completely ceased operations. All of the platform’s services have been permanently shut down. ReachMe has garnered significant attention for its use by Binance founder Changpeng Zhao (CZ). CZ previously charged ReachMe a fee of 1 BNB per message. This fee was
Binance founder and former CEO Changpeng Zhao (CZ) has sparked controversy in the crypto community with his statement about renowned gold investor Peter Schiff’s new tokenized gold product. CZ Criticizes Peter Schiff’s Tokenized Gold Project: “Trust-me-bro Token” Schiff’s new digital asset allows investors to trade gold-backed tokens on the blockchain. However, CZ emphasized that this
Alt5 Sigma (ALTS), a developer of digital-asset trading platforms that is building a treasury of tokens issued by Trump-family linked World Liberty Financial, said it suspended CEO Peter Tassiopoulos and replaced him with CFO Jonathan Hugh on an interim basis. The company’s board, which is headed by World Liberty Financial co-founder Zach Witkoff, removed Tassiopoulos
Digital asset infrastructure firm Fireblocks has acquired Dynamic, a developer platform used by companies such as Kraken, Magic Eden and Ondo Finance, to accelerate enterprise adoption of onchain applications. The deal creates what Fireblocks calls the first complete custody-to-consumer stack, combining its security infrastructure with Dynamic’s wallet, authentication, and user onboarding tools, according to an
The options business seems to be the “pharma sector” of the crypto market, demonstrating robust activity across both bullish and bearish market trends. Take, for example, the Deribit-listed bitcoin BTC$109,484.74 options market, which continues to boom despite, or maybe becuase of, the recent bearish price action. On Thursday, the number of active BTC contracts on
As token buybacks gain popularity in crypto, Amir Hajian, head of research at market making firm Keyrock, warns in a new report that every dollar spent repurchasing tokens is a dollar diverted from growth and innovation, underscoring the hidden opportunity cost behind the show of confidence. Token buybacks involve blockchain projects repurchasing their own tokens
As quantum computing becomes increasingly prevalent in our lives, it is reportedly a significant threat to Bitcoin (BTC). It is being argued that quantum computing could one day undermine the cryptographic foundations that secure trillions of dollars in crypto assets. At this point, this debate was rekindled yesterday after Google introduced its new chip, named
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 3576.17, up 1.3% (+44.29) since 4 p.m. ET on Wednesday. Fifteen of 20 assets are trading higher. Leaders: SOL (+4.5%) and BCH (+2.0%). Laggards: APT (-1.3%) and LTC (-1.1%).