Fabric, Startup Building ‘VPU’ Chips for Cryptography, Raises $33M
The fundraising, co-led by Blockchain Capital and 1kx, will be used to “build computing chips, software and cryptographic algorithms,” the company said.
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Crypto’s Bet on Election Betting Expands to Solana
Perpetuals trading hub Drift protocol is adding a Polymarket-style prediction market – with some DeFi twists.
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Bitwise Acquires London-Based ETP Provider ETC Group to Enter Europe
The acquisition of ETC Group’s $1 billion in assets under management takes Bitwise’s AUM above $4.5 billion.
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Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
The crypto think tank argued that a 2021 amendment to 6050I, a law that requires certain transactions to be reported to the government, is unconstitutional.
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Nigeria Planning to Present Law to Tax Crypto by September: Report
Enacting the law would need the support of the National Assembly.
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First Mover Americas: XRP Outperforms as Digital Assets Start Week in the Red
The latest price moves in crypto markets in context for Aug. 19, 2024.
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What a Dubai Court Ordering a Company to Pay Its Employee in Crypto Means
The ruling may not necessarily mean crypto is legalized for salary payment in general, two Dubai-based lawyers told CoinDesk.
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Attention Bitcoin Traders, the Japanese Yen Is Strengthening Again
A similar yen outperformance early this month triggered carry unwind and rocked risk assets, including cryptocurrencies.
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TON Leads Crypto Majors as BTC, ETH Remain Flat
GameFi heavy TON outperformed the CoinDesk 20 during the Monday trading day in Asia.
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Shaquille O’Neal Will Have to Defend Some of the Allegations Against Him in the Astrals NFT Lawsuit
The court did not dismiss the allegation that Astrals sold tokens which were unregistered “securities.”