BitGo to Enter Stablecoin Market With Reward-Bearing USDS Coin
BitGo says USDS is an “open participation” stablecoin that provides rewards to institutions for providing liquidity to the ecosystem.
Financial
May 2025
Financial
Animoca’s Timeline to Go Public Would Depend on The Market’s Status: Yat Siu
“We are midway through the audit which is a critical piece of the IPO puzzle,” Siu told CoinDesk.
Financial
Decentralized AI Society Launched to Fight Tech Giants Who ‘Own the Regulators’
Eight founding member projects include Morpheus and Filecoin Foundation, with Michael Casey, CoinDesk’s former chief content officer, as chairman of the new industry group.
Financial
DePIN Tech Shows Promise, But Implementation Faces Several Hurdles, Moody’s Says
The Wall Street ratings agency’s first-ever report about the sector underscores the increased attention towards DePIN apps.
Financial
SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.
Financial
Brian Armstrong, ETF Experts Shoot Down ‘Paper Bitcoin’ Rumors
Some online chatter has suggested Coinbase is issuing bitcoin IOUs to BlackRock, which ultimately was manipulating the price of crypto lower.
Financial
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
The international accounting firm will hisse $745,000 to settle the FTX-related allegations alone.
Financial
U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
One of Senator Ly Yong Phat’s hotels, O-Smach Resort, is a notorious hotbed for human trafficking.
Financial
Bitcoin Gains 5% to $61K Ahead of Fed, but Order Books Suggest Rally Could Be Capped
Wednesday’s FOMC meeting carries uncertainty for the market, with investors still divided on the magnitude of rate cut.
Financial
U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Rep. Patrick McHenry and Sen. Cynthia Lummis said they’re still shooting for crypto legislative action in the “lame duck” session after the November elections.