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The U.S. Department of Justice pushed back against Tornado Cash developer Roman Storm's motion to dismiss a criminal indictment against him.Tornado Cash was a money transmitting business, and the DOJ said it expects its evidence to support the charges, a Friday filing said.The U.S. Department of Justice rebuffed Tornado Cash developer Roman Storm's motion to

The Japanese yen fell Friday to its weakest level against the U.S. dollar since 1990.Bitcoin remained flat around $64,000 as some altcoins slid lower.Intervention may follow soon if yen devaluation continues, Lekker Capital's Quinn Thompson said.Cryptocurrencies, widely known for their often volatile nature, were a sea of calm Friday as the Japanese yen's tumble to

A Republican lawyer and crypto defender who hopes to be Sen. Elizabeth Warren's opponent in the Massachusetts Senate race has filed a supporting brief in a Coinbase clash against the Securities and Exchange Commission.Coinbase wants to get a higher court to decide whether tokens that trade on secondary markets with no obligations on the tokens'

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).The majority of assets within the Index closed Thursday higher than they did a week earlier despite choppy price action. Just five tokens closed lower. Overall, the

Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership.A federal judge ruled last month that the Kansas City Fed had the discretion to reject Custodia's bid for membership. Custodia, according to the court, had

The bipartisan pair of U.S. senators underlined crypto's history as a mainstay of transactions to purchase illegal pornography featuring children.Their letter to U.S. Attorney General Merrick Garland and the secretary of the Department of Homeland Security noted the difficulties in heading off these crimes and asked the top law-enforcement officials what more can be done.

As the crypto industry enters a new phase of adoption, many will be wondering which narratives will win this market cycle. Will it be meme coins, scene coins, or AI (vapor)ware? Or perhaps liquid re-staking, ordinals, or maybe doginals, or is it Base? The crypto space is swirling with hot narratives, and even hotter money.With

This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.Latest PricesTop StoriesBitcoin (BTC) traded above $64K even as outflows from bitcoin exchange-traded funds (ETFs) picked up. Market data shows that the U.S.-listed ETFs had a daily total

Bitcoin-centric stablecoin company OpenDelta raised $2.15 million in a pre-seed round led by 6th Man Ventures, CEO Konstantin Wünscher told CoinDesk.“We want to use bitcoin to create stable value in a fiat-denominated currency," Wünscher said in an interview.02:06Eisenberg's $110M Fraud Trial Opens; FSI Calls for Consistency in Stablecoin Regulation02:11El Salvador Bags Major Bitcoin Gains; Hong

Consensys, one of the main supporters of the Ethereum network, claims the U.S. Securities and Exchange Commission (SEC) is attempting a power grab over Ethereum (ETH), the second-largest blockchain by market capitalization. And so, as natural, the Ethereum development company is suing, citing regulatory overreach.This is an excerpt from The Node newsletter, a daily roundup