CoinDesk

Wild Bitcoin, Ether Price Swings Amid Spot ETH ETF Decision Triggers $350M Liquidations U.S. regulators approved listing spot ETH ETFs but have not yet cleared to trade. https://www.coindesk.com/markets/2024/05/23/wild-bitcoin-…

Ether ETFs Clear Major Hurdle, Though SEC Hasn't Cleared Them for Trading Yet The Securities and Exchanges Commission (SEC) on Thursday approved 19b-4 forms filed by issuers looking to launch a spot ether exchange-traded fund (ETF), marking a key step forward in bringing the fu... https://www.coindesk.com/markets/2024/05/23/sec-approves-…

Is the House’s FIT21 Bill Really the Legislation That Crypto Needs? While many in the industry cheered the passing of the Financial Innovation and Technology for the 21st Century Act yesterday, many other raised criticisms and concerns. https://www.coindesk.com/opinion/2024/05/23/is-the-houses…

U.S. House Passes Bill Banning Federal Reserve From Issuing a CBDC https://www.coindesk.com/policy/2024/05/23/us-house-passe…

Are Sideline Skeptics Crypto’s Biggest Enemy or Greatest Strength? https://www.coindesk.com/consensus-magazine/2024/05/23/ar…

Wake Up, Web3: Your Marketing Is Fueling a Bot Epidemic We need airdrops and KOL campaigns that, instead of creating empty buzz and boosting vanity metrics, convert real committed users, build brand relationships, and bring large rewards to engaged communi... https://www.coindesk.com/opinion/2024/05/23/wake-up-web3-…

U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbit... https://www.coindesk.com/policy/2024/05/23/us-supreme-cou…

Crypto for Advisors: Bitcoin ETF vs Direct Ownership This article aims to provide financial advisors with a detailed comparison of these investment vehicles, addressing key aspects such as management, custody, trading, and tax implications to inform bot... https://www.coindesk.com/opinion/2024/05/23/crypto-for-ad…

Plume, Layer-2 Blockchain for Real-World Assets, Pulls $10M in Seed Funding from Haun, Galaxy Plume plans to make it possible for people to easily – and compliantly – bring real-world assets (RWAs) like real estate and collectibles onto blockchains. https://www.coindesk.com/tech/2024/05/23/plume-layer-2-bl…

Fantom Foundation Creates Sonic Foundation, Labs for New Sonic Chain Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development. https://www.coindesk.com/tech/2024/05/23/fantom-foundatio…

No, a Sponsored Labeled Crypto Press Release Is Not An Alternative to Editorial Coverage Earned media is often more valuable for Web3 projects than pay-to-play posts, Tal Harel says. https://www.coindesk.com/opinion/2024/05/23/no-a-sponsore…

The True Value of Web3: You Can Take Your Toys and Leave https://www.coindesk.com/opinion/2024/05/23/the-true-valu…

Gensler Says 'Stay Tuned' on U.S. SEC's Decision on ETH ETF U.S. Securities and Exchange Commission Chair Gary Gensler declined on Thursday to preview his agency's decision on ether exchange traded funds (ETFs), though he advised observers to "'stay tuned." https://www.coindesk.com/policy/2024/05/23/gensler-says-s…

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour. https://www.coindesk.com/markets/2024/05/23/bitcoin-drops…

Grassroots Policy Advocates Are Key to Seeding Crypto Innovation Here are some ways users and developers, the lifeblood of crypto, can help move better legislation through Congress, writes Rebecca Rettig, Chief Legal & Policy Officer at Polygon Labs. https://www.coindesk.com/opinion/2024/05/23/grassroots-po…

Why Decentralized AI Is Gaining Steam A year ago, “Crypto+AI” sounded like a game of “VC mad libs.” Now, as real-world applications begin to emerge, the idea makes much more sense. Jeff Wilser, who is hosting the AI Summit at Consensus 20... https://www.coindesk.com/consensus-magazine/2024/05/23/wh…

Demystifying AI’s Black Box: Ariana Spring and Andrew Stanco on How Blockchain Tech Can Shine a Light on Hidden Inputs AI is taking over our lives but exactly what goes on inside AI systems is unclear. Two researchers from EQTY Lab shine a light on how to make these mechanics more visible. https://www.coindesk.com/consensus-magazine/2024/05/23/de…

Jeff Kauffman: Decentralized Social Will Revolutionize Marketing The rise of Farcaster and portable “social graphs” will change the relationship between brand marketers and end-users, says the founder of JUMP, a network for Web3 branding executives. https://www.coindesk.com/consensus-magazine/2024/05/23/je…

Crypto Infrastructure Firm Ramp Network Secures Ireland Registration It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider. https://www.coindesk.com/business/2024/05/23/crypto-infra…

‘Innovation Continues to Occur in Siloes’: DTCC Digital Head Nadine Chakar on Responsible Blockchain Building https://www.coindesk.com/consensus-magazine/2024/05/23/in…