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Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe
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Crypto.com Postpones South Korea Launch After Reports of Money Laundering Probe

“Crypto.com maintains the highest Anti-money Laundering (AML) standards in the industry. We will postpone our launch and take this opportunity to make sure Korean regulators understand our thorough policies, procedures,…
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ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
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ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido

In the lead-up to going live, ZKasino opened up a token bridge that allowed investors to deposit ether (ETH) to earn ZKAS, the platform’s native token. Originally, the website said…
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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s
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Celo Chooses Optimism, Concluding Bake-Off Among Layer 2s

“It's super cool to actually see them [Celo] be keen on OP Stack, do deep due diligence and look at all these chains,” said Ryan Wyatt, chief growth officer at…
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Bitcoin Transaction Fees Experience Significant Drop Following Record High
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Bitcoin Transaction Fees Experience Significant Drop Following Record High

Transaction costs for Bitcoin, the most popular cryptocurrency in the world, dropped significantly after reaching a record high. This decline, which followed the Bitcoin halving, has drawn interest from the…
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Binance Futures Introduces Updates to Taker Program, Offering Fee Discounts
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Binance Futures Introduces Updates to Taker Program, Offering Fee Discounts

Binance Futures, the futures trading platform of cryptocurrency exchange Binance, has recently unveiled updates to its Taker Program. These updates aim to offer enhanced benefits to eligible users who engage…
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Grayscale’s Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs
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Grayscale’s Planned Mini Bitcoin ETF Will Have a 0.15% Fee, the Lowest Among Spot Bitcoin ETFs

Grayscale’s GBTC appeared over a decade ago, originally offered through a private placement. In mid-2015, the shares began trading publicly on an over-the-counter basis. This continued until January 2024 when…
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IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions
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IRS Introduces New Form 1099-DA for Reporting Income from Digital Asset Transactions

A preview of the new Form 1099-DA, a tax form that will be used by cryptocurrency brokers to record transactions involving digital assets, has been made available by the Internal…
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Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens
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Runes Protocol Launches on Bitcoin, Sending Fees Soaring as Users Rush to Mint Tokens

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry.…
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Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
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Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

But this time, bitcoin has already embarked on a momentous rally to record highs, rising from $15,500 in late 2022 to $73,680, helped by optimism around the approval of spot…
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The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees
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The Bitcoin Halving Is Here, and With It a Giant Surge in Transaction Fees

Unlike traditional, or fiat, currencies, whose value has historically been eroded by inflation and government printing, bitcoin is designed to be non-inflationary with a maximum total supply of 21 million…
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