News
Editorial-quality coverage of global financial markets, policy, and macro trends.
- Crypto
Blockchain.com Pursues IPO in U.S. Markets
Blockchain.com, a U.K.-based crypto exchange, has confidentially filed for a U.S. IPO, joining a trend of crypto firms seeking public offerings.
Mercation Admin2 min - Crypto
MAPO Token Plummets 96% After Hack
The MAPO token's value plummeted 96% following a hack exploiting a vulnerability in the Butter Network bridge, leading to massive minting of new tokens.
Marcus Reid2 min - Crypto
Hackers Steal $11.5 Million from Verus Protocol
The Verus DeFi protocol lost $11.5 million in a recent attack on its Ethereum cross-chain bridge, with funds still in the hacker's wallet.
Sarah Chen1 min - Crypto
Bitcoin Falls Below $77,000
Bitcoin's price has dropped below $77,000, influenced by rising Treasury yields and geopolitical tensions, leading to significant market reactions.
Marcus Reid3 min - Crypto
$1.07 Billion Withdrawn from Crypto Funds Amid Geopolitical Risks
Cryptocurrency investment products saw $1.07 billion in outflows from May 11 to 15, driven by geopolitical tensions, particularly regarding Iran.
James Park1 min - Crypto
Aave Unlocks Ethereum-Collateralized Loans Across Six Networks
Aave has restored Ethereum-collateralized loans across six networks, marking a significant recovery step following the Kelp hack.
Sarah Chen1 min - Crypto
Strategy Accumulates 4% of Bitcoin Supply
Strategy has acquired 24,869 BTC, representing 4% of Bitcoin's supply, while BitMine holds 5.28 million ETH, totaling $12.6 billion in assets.
James Park3 min - Crypto
Bitcoin Depot to Shut Down Its Network of 9,000 ATMs
Bitcoin Depot has filed for bankruptcy and will shut down its network of 9,000 cryptocurrency ATMs due to regulatory pressures and financial losses.
James Park1 min - Crypto
Study: Nearly Half of Russian Crypto Users Don't Verify Asset Origins
A recent study reveals that nearly half of Russian crypto users do not verify the origins of their assets, highlighting a gap in compliance practices.
Aisha Patel1 min - Crypto
Analyst Highlights Bitcoin's Strong Fundamentals
Analyst Michaël van de Poppe emphasizes Bitcoin's resilience and strong fundamentals amidst recent market fluctuations.
James Park2 min - Crypto
Bhutan Denies Selling 13,000 BTC from Its Bitcoin Reserve
Bhutan's DHI denies selling Bitcoin from its reserve, clarifying that the national fund still holds 3,121 BTC despite speculation about sales.
Aisha Patel1 min - Crypto
CoinDesk: Binance Captured 78% of Net Inflows to CEX in May
In May, Binance captured 78% of net inflows to centralized exchanges, while Bitcoin faced significant outflows, indicating a shift in market dynamics.
Marcus Reid2 min