$30 Billion Lost: 4 Stats That Show a Crypto Market in Decline

news Bakkt has raised $182.5 million to build out its global digital assets platform and bitcoin futures product. The round, which is Bakkt’s first, included 12 partners, according to a Medium post by CEO Kelly Loeffler. The crypto startup is owned by Intercontinental Exchange (ICE), which is best known as the parent company of the New…

news Blockstack, the New York-based blockchain software provider launched in 2017 to create the infrastructure for a decentralized internet, has announced it intends to raise $50 million in a token sale that would leverage the SEC’s Regulation A+ crowdfunding exemption. While the move still requires regulatory review, the sale would enable Blockstack to raise capital…

opinion Noelle Acheson is a veteran of company analysis and a member of CoinDesk’s product team. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a free newsletter for institutional investors interested in cryptoassets, with news and views on crypto infrastructure delivered every Tuesday. Sign…

markets Bitcoin rose above $9,000 over the weekend, taking cumulative year-to-date gains to more than 150 percent. The leading cryptocurrency by market value clocked a 13-month high of $9,391 on Bitstamp on Sunday and was last seen trading at $9,200, representing 22 percent gains on last Monday’s low of $7,524. Cryptocurrency market experts and investors…

Crypto exchange FTX's lawyers have asked a U.S. bankruptcy court in Delaware to award recovery of more than $323.5 million from FTX's Europe leadership, according to a court filing Wednesday.Lawyers on behalf of FTX Trading Ltd. and Maclaurin Investments Ltd. (owned by Alameda Research, the hedge fund arm of the bankrupt FTX empire) asked the…

news Bitcoin has done it again, hitting a new 2019 high at $11,788, before retracing slightly. At 21:00 UTC on June 25, the world’s largest cryptocurrency by market capitalization broke from sideways trading after being held beneath $11,400 for over 11 hours. However, perhaps most notable is the fact that bitcoin also crossed above 60…

news Tassat Derivatives has successfully acquired a swap execution facility (SEF) registration after securing regulator sign-off. The U.S. Commodity Futures Trading Commission (CFTC) announced Thursday that it had approved the transfer of a SEF registration from trueEX LLC to Tassat on Nov. 6, nearly four months after the two companies reached an “agreement in principle.”…

The TRON Foundation asked a New York court to dismiss an SEC lawsuit against it and others.The March 2023 case pertains to allegations of selling and airdropping unregistered securities, fraud and market manipulation.The TRON Foundation and Tron founder Justin Sun asked a New York court to dismiss a lawsuit from the U.S. Securities and Exchange

news BitTorrent creator Bram Cohen has taken over as CEO of his current company, Chia Network, CoinDesk has learned. Co-founder Ryan Singer has stepped away from the company to focus on family priorities. Cohen is viewed as a pioneer of the decentralized internet for creating the BitTorrent filesharing protocol. In August 2017, he left BitTorrent to found…