Jack Dorsey's Block faces $764 million DOJ settlement as bitcoin profit plunges 50%
The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
Industry-standard newsroom covering markets, policy and institutional crypto.
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The proposed agreement would resolve a federal anti-money-laundering investigation, while lower Cash App trading fees halved Block's quarterly bitcoin gross profit.
Russia’s main bourse wants back the crypto trading Russians do abroad, and one of the coins it's listing is issued by a company that freezes wallets on the U.S. sanctions list.
South Korea's ruling party wants to delay crypto tax by about two years, as it waits for global tax-sharing rules and new digital assets law.
The dominance of Republicans in all three government branches has been broken by the midterms, and the industry will feel the result as Congress changes hands.
Stock futures and the dollar slid and Treasuries rallied as early U.S. midterm returns pointed to Democrats taking both chambers of Congress.
Voters are choosing who will represent them in the House, Senate and state-wide seats.
A CoinDesk-commissioned poll from April sheds light on how voters — who aren't necessarily part of the crypto sector — view this industry.
The $6.3 billion Binance hack showed how quickly cryptocurrencies can disappear on blockchain rails. Tokenized securities may offer better recourse than crypto after a theft, but the markets around them can still break down when stress hits.
A group backed by Citadel Securities and other firms sued the U.S. derivatives regulator for opening a path for perps that it argued belong in the SEC's hands.
The Tron founder says World Liberty failed to disclose its UAE ties until months into his lawsuit over $45 million in WLFI tokens.
Lee Jae Myung said he wants a government-wide agency to tackle cyberattacks as AI raises security concerns across financial institutions and critical infrastructure.
Objections have reached 56 companies, with nearly 80% of the venture’s initial stock selection opting out.
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