Z Squared, a firm that specializes in mining dogecoin (DOGE), the dog-themed memecoin that was propelled to mainstream recognition by Elon Musk in 2021, is merging with biopharmaceutical company Coeptis (COEP). The merger will enable the resulting company to keep DOGE mining operations going, while Coeptis’ pharmaceutical business will be spun out and operated separately. […]
Global bank Citi has predicted 2025 could be a possible inflection point for blockchain adoption driven by stablecoins, akin to the breakout year artificial intelligence (AI) had with popular application ChatGPT. “2025 has the potential to be blockchain’s ‘ChatGPT’ moment,” the bank’s analysts said in a report published earlier this week. At the center of […]
Nasdaq, the operator of one of the premier U.S. stock exchanges and a crypto index, is advising the U.S. regulators to carefully focus on defining digital assets in four buckets that will clearly determine which agency acts as referee, according to a 23-page letter sent to the Securities and Exchange Commission’s crypto task force. “While […]
The team behind the Trump memecoin said Thursday that the top 220 holders on its list, where the smallest wallet holds $420 worth of TRUMP, are eligible to win dinner with President Donald Trump, contrary to rumors that a six-figure token stash was required. “We want to clarify a few things people seem confused by […]
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 2774.43, up 1.5% (+40.48) since 4 p.m. ET on Thursday. Eighteen of 20 assets are trading higher. Leaders: SUI (+13.7%) and BCH (+7.1%). Laggards: POL (-1.9%) and ADA (-0.5%). […]
Bitcoin’s (BTC) recent uptrend has likely set the stage for a six-figure price mark, catalyzing increased trading activity in the memecoin sector, where DOGE and SHIB are seeing bullish activity. BTC, the leading cryptocurrency by market value, briefly topped $95,000 soon before press time, the highest since March 2, CoinDesk data show. The move comes […]
Semler Scientific (SMLR) bought an additional 111 bitcoin (BTC) for an average purchase price of $90,124, using proceeds from at-the-market offering and cash on hand, it announced in a press release. This brings the medical device maker’s total bitcoin holdings to 3,303 BTC, which were purchased at a total cost of $290.4 million. Semler said […]
Shares of Cantor Equity Partners (CEP) surged 55% on Tuesday and are up an additional 15% in pre-market trading, trading below $19. The skyward movement was driven by investor optimism around its proposed merger with Twenty One Capital a bitcoin (BTC) native investment vehicle backed by Tether, Bitfinex, and SoftBank. Led by Strike CEO Jack […]
Zora’s much-hyped ZORA token launch was meant to be a celebration — a “fun” moment for its community, and a supposed triumph for the tokenization of content creators everywhere, with strong demand expected for the Coinbase Ventures-backed token. Instead, it has turned into a familiar post-airdrop slog so far: A quick pop in price, followed […]
Americans reported a record $9.3 billion in losses to cryptocurrency-related crimes in 2024, according to a report by the Federal Bureau of Investigation’s (FBI) Internet Crime Complaint Center (IC3). The losses represent a 66% jump from 2023 and highlight the growing use of digital assets in online fraud schemes. The annual IC3 report says nearly […]
Hit TV series Peaky Blinders, which reached an estimated audience of 80 million through platforms like Netflix, is set to be adapted into a blockchain-based video game and wider Web3 ecosystem, the companies behind the effort announced on Thursday. It is being developed by Anonymous Labs, a Web3 venture builder that previously launched the Simon’s […]
Binance, the world’s largest cryptocurrency exchange, is offering digital asset managers special accounts that allow pooling of their investors’ assets to make crypto fund management operations feel more like a traditional finance experience. The omnibus “Fund Accounts” introduce a universal net asset value (NAV) per unit concept used by buyside firms to provide a clear […]