Crypto News

2 Promoters of Forcount Crypto Ponzi Scheme Plead Guilty to Wire Fraud Conspiracy

Image

Two more promoters of the Forcount crypto ponzi scheme – a Brazil-based scam that bilked Spanish-speaking investors out of $8.4 million between 2017 and 2021 – have pleaded guilty to their roles in the scheme.

Published Date: 2024-07-23 09:20:03
Creator: Cheyenne Ligon
Read More


Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ

Image

Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO.

Published Date: 2024-07-23 08:54:43
Creator: Jamie Crawley
Read More


ETH ETFs: What We’re Watching For

Image

ETH ETFs finally make their debut in the U.S. this week. How will the market react and will Ethereum as a development ecosystem benefit? George Kaloudis raises the questions we’re looking forward to answering.

Published Date: 2024-07-23 08:28:46
Creator: George Kaloudis
Read More


CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading

Image

A decline of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

Published Date: 2024-07-23 07:13:54
Creator: CoinDesk Indices, Tracy Stephens
Read More


Ether Rises Above $3.5K Ahead of ETH ETF Trading, but Inflow Concerns Remain

Image

Market observers expect ether to outperform bitcoin in the coming weeks as the token gives exposure to a flourishing Ethereum ecosystem.

Published Date: 2024-07-23 05:42:01
Creator: Shaurya Malwa, Sam Reynolds
Read More


First Mover Americas: Ether Little Changed After Spot ETF Approval

Image

The latest price moves in bitcoin (BTC) and crypto markets in context for July 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Published Date: 2024-07-23 05:01:00
Creator: Jamie Crawley, Omkar Godbole
Read More


Ethereum-Based Protocol Alkimiya Creates Market for Hedging Bitcoin Fees

Image

One question is whether the protocol can pull in loyal bitcoin users – or if it will eventually end up on an Ethereum-compatible layer-2 network atop Bitcoin.

Published Date: 2024-07-23 05:00:19
Creator: Bradley Keoun
Read More


Bitcoin Layer-2 Chain Bitlayer Raises $11M Led by ETF Issuer Franklin Templeton

Image

Bitlayer's layer 2 is based on the BitVM paradigm, which was unveiled last October and laid out a path for Ethereum-style smart contracts on the original blockchain.

Published Date: 2024-07-23 05:00:00
Creator: Jamie Crawley
Read More


Coinbase Upgraded to Buy From Neutral on Improving Regulatory Risk: Citi

Image

The Wall Street bank increased its price target on the crypto exchange’s shares to $345 from $260.

Published Date: 2024-07-23 04:31:30
Creator: Will Canny
Read More


Solana Sees Arrival of Nomura, Brevan Howard-Affiliated Tokenization Firm Libre

Image

Libre is unveiling a new tokenized offering, the blockchain-based Hamilton Lane SCOPE senior credit fund, which will be available on Solana and Ethereum-compatible chains.

Published Date: 2024-07-23 04:00:00
Creator: Ian Allison
Read More