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OKX’s Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta’s financial watchdog on Thursday for breaching the country’s money laundering rules. The Financial Intelligence Analysis Unit (FIAU) said the company failed
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 2446.91, up 0.1% (+2.11) since 4 p.m. ET on Thursday. Six of 20 assets are trading
Ryan Cohen, the chairman and CEO of video retailer GameStop (GME), increased his stake in the company following the firm’s decision to add bitcoin (BTC) as a treasury reserve asset. According to a Thursday filing to the U.S. Securities and Exchange Commission
The Cardano Foundation has rolled out Veridian, a new open-source platform aimed at helping people and businesses manage their digital identities, according to a Friday release. Alongside it comes the Veridian Wallet, a tool designed to keep personal info secure and let
Avara, the parent company of decentralized finance (DeFi) platform Aave, has announced the arrival of Lens Chain mainnet, a fast and inexpensive Ethereum overlay blockchain for developing decentralized social media applications. There are now several blockchain-oriented, or “Web3,” startups looking to provide
The U.S. employment situation continued to roll along in strong fashion in March, adding another piece to the puzzle as the Federal Reserve contemplates the path of short-term interest rates in a world that’s markedly changed in the last 48 hours. Nonfarm
Since the start of April, bitcoin (BTC) has experienced an unusual increase in conviction from both short-term and long-term holders. According to Glassnode, short-term holders—those who have held bitcoin for less than 155 days—are typically more reactive to price movements, often buying
The VIX index, which shows the equity market’s expectations for 30-day volatility and is often called Wall Street’s “fear gauge,” rose to 39, the highest since October 2020, after China imposed retaliatory tariffs on the U.S., data from TradingView show. The increase,
By Omkar Godbole (All times ET unless indicated otherwise) Major coins reversed early gains after Beijing stepped up trade tensions by announcing retaliatory tariffs following President Donald Trump’s Wednesday decision to impose additional levies on China and other nations. Bitcoin dropped to
Risk sentiment worsened during the European hours Friday after China announced retaliatory tariffs on all goods, responding to Trump’s Wednesday decision to boost the overall levy on Chinese goods to 54%. Bitcoin, the leading cryptocurrency by market value, fell by $1,600 to