Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX,…
GameStop shares have traded sideways despite another $450 million raise as part of its private convertible note offering for investments, which could include Bitcoin. The retailer disclosed to the US Securities and Exchange Commission on Monday that someone who opted into the initial $2.25 billion note offering has decided to purchase an additional $450 million….
Cardano’s ADA token is trading at $0.5679, down 2.78% in the past 24 hours, after erasing an earlier price rebound, according to CoinDesk Research’s technical analysis model. Despite briefly pushing higher during the latter half of the session, ADA failed to retain upward momentum and slipped toward its daily low into the close. Throughout the…
Online banking platform SoFi Technologies is making a major comeback in cryptocurrency after exiting the market due to regulatory challenges, reintroducing crypto trading and onchain remittances. The American personal finance and fintech firm announced on Wednesday that it was reentering the cryptocurrency market and introducing “blockchain-powered international remittances,” marking a significant pivot after exiting the…
Zama, a cryptography company pioneering fully homomorphic encryption (FHE) for blockchains, said it raised $57 million in a series B round co-led by Blockchange Ventures and Pantera Capital. The team said the fundraise pushes Zama’s total capital raised to over $150 million and values it at over $1 billion, making the firm the first unicorn…
Wyoming Senator Cynthia Lummis said she expects Congress to pass two pieces of crypto legislation related to stablecoins and market structure “before the end of this calendar year.” Speaking at the Bitcoin Policy Summit in Washington, D.C., on Wednesday, Lummis discussed the progress of the Digital Asset Market Clarity, or CLARITY Act, in the House…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. As Asia begins the Thursday trading day, is changing hands above…
Australian federal police said it has contacted over 90 Australians as part of a crackdown on criminal use of crypto ATMs, including pig butchering victims and suspected offenders. One of the victims was a 77-year-old widow who was scammed out of 433,000 Australian dollars ($281,947) in an online dating scam, Australia’s financial intelligence agency, AUSTRAC,…
Barclays (BARC), one of the U.K.’s largest banks, said it will stop customers using their credit cards to purchase cryptocurrency by the end of the week. The London-based company will block cryptocurrency transactions on its Barclaycard-branded payment cards starting June 27, it said on a website page published Wednesday. The page cited “certain risks” when…
Cryptocurrency exchange Kraken announced that it can now expand its offerings and across European Union’s member states after securing a license under the Markets in Crypto-Assets (MiCA) framework. In a Wednesday notice, Kraken said it had received the MiCA license from the Central Bank of Ireland, allowing the exchange to offer regulated services to residents…