Author: MAK Gojar

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3333.82, down 5.0% (-176.57) since 4 pm ET on Wednesday.None of the 20 assets are trading higher.Leaders: ETH (-3.7%) and BTC (-3.7%).Laggards: HBAR (-8.2%) and APT (-7.4%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Read More

The X account of Animoca Brands co-founder Yat Siu, one of CoinDesk’s Most Influential 2024, was compromised and used to promote a fictitious token, the company said in a post on the social media platform.Animoca, a metaverse and gaming venture capital firm, posted a warning on its own account at 01:36 UTC on Thursday saying Siu’s account had been compromised and the company was not introducing an official token or non-fungible token (NFT). The exploit was probably perpetrated through a phishing email that purported to come from X and be related to copyright infringement, according to ZachXBT. The crypto exploit…

Read More

Regulatory overhaul in America and a thawing of crypto antagonism globally in 2025 will usher in a new generation of decentralized capital formation, which was first popularized in 2017 as “ICOs” (initial coin offerings).During the 2010s, crypto hadn’t settled on a productive use case for Bitcoin and altcoins until Ethereum smart contracts enabled early-stage teams to raise capital from supporters dispersed around the world. We saw Ethereum bootstrap a global decentralized computer which spawned DeFi, NFTs and various crypto primitives funded by less than $20 million raised from a global community.Many other projects soon followed suit and we observed a…

Read More

It’s no big secret that the cost of attending a four-year college or university in the United States is out of control. It’s almost gravity defying how the cost of college has increased relative to regular inflation over the past twenty years. In fact, more than 500 nonprofit private colleges have shut down in the last decade according to the Wall Street Journal, which was “three times what it was in the decade prior.”The news is about to get worse, and there is a stern warning announcement coming from the pilot in the cockpit. 2025 is going to have a lot of…

Read More

South Koreans are paying a full 3% more to buy bitcoin (BTC) than their U.S. counterparts as they seek protection from the plummeting won, CryptoQuant data show.Priced in won, the largest cryptocurrency is valued at 145,000,000 ($98,600) on the country’s largest crypto exchange, Upbit. That compares with about $96,700 on Coinbase (COIN). The move follows a vote by the South Korean parliament to impeach Han Duck-soo, the prime minister and acting president, just weeks after impeaching President Yoon Suk Yeol. The won slumped to a 15-year low against the dollar.”This unfolding saga is fundamentally about election fraud and the erosion…

Read More

A Pump.Fun memecoin zoomed from zero to an $80 million market capitalization on Thursday after a father’s plea for donations to a research study for his daughter’s rare brain cancer attracted swathes of crypto traders.The MIRA token’s price has fallen 80% from a Thursday peak and trades at just over a cent as of Friday. But while late buyers are sitting on losses, the effort raised over $1 million for the cause.In an X post on Thursday, Siqi Chen, founder of the Runway corporate finance planning application, said his daughter Mira was diagnosed with a type of brain tumor in…

Read More

Stalled bitcoin (BTC) and crypto prices may not be bringing festive cheer to traders, but some with money are trying to spread the goodwill around.Ethereum co-founder Vitalik Buterin said he’d accepted an invitation to be the “adoptive father” of pygmy hippo Moo Deng when she grows up. He is also donating 10 million Thai baht ($300,000) to the Khao Kheow Open Zoo near Bangkok where the five-month-old lives, he said in a Thursday posting on X.The donations, made in Moo Deng’s name, will be used to upgrade general zoo operations and create a dedicated pygmy hippo habitat within the premises.Buterin…

Read More