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Will Argentinian President Milei’s Crypto ‘Fiasco’ be a Deathblow for Memecoin Craze?

The latest frenzy that started with U.S. President Donald Trump’s TRUMP memecoin launch and saw traders making and losing millions within minutes, might have finally come crashing down with the LIBRA token fiasco. LIBRA, a Solana-based project that President of Argentina Javier Milei tweeted about on Feb. 14, saw its market cap rise as high […]

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Crypto Has Moved Past FTX, But Still Needs 24/7 Risk Management, Brevan Howard’s CIO Believes

The crypto ecosystem has come a long way since the implosion of Sam Bankman Fried’s FTX destroyed billions in investor wealth in 2023. However, the industry as a whole needs to more to become bullet proof, said TradFi experts at the “Views From Wall Street to Crypto” event held at Consensus Hong Kong on Wednesday.

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TDX Strategies Announces Structured Products Linked to CoinDesk 20 Index

HONG KONG – Quant-driven digital assets trading firm TDX Strategies has teamed up with CoinDesk Indices for its latest offering: structured products linked to the CoinDesk 20 Index (CD 20), the company announced at Consensus Hong Kong. The collaboration will provide investors with a sophisticated solution to prioritize both growth and risk management while navigating

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Zerocap Launches Australia’s First Tailored Crypto Product Linked to CoinDesk 20 Index

HONG KONG – Australian digital assets market maker Zerocap has partnered with CoinDesk Indices to offer Australia’s first options-based structured products on the CoinDesk 20 Index (CD20), the company said at Consensus Hong Kong. The partnership introduces sophisticated and tailored investment strategies usually found in traditional markets, a significant advancement for the cryptocurrency industry. It

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Libra Token’s Co-Creator Claimed He Paid Argentinian President Milei’s Sister

A key player behind the Libra token bragged about buying access to Argentine President Javier Milei’s inner circle months before the memecoin’s scandalous launch and crash. In text messages reviewed by CoinDesk, Hayden Davis, CEO of Kelsier Ventures, claimed he could “control” Milei because of payments he had been making to Karina Milei, a powerful

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Bitcoin Slumps Below $94K, but One Analyst Says $500K Forecast Remains in Play

The desultory price action in crypto continued on Tuesday, helping to drag bitcoin (BTC) closer to its lowest level in several months. In early afternoon trading hours, bitcoin was trading at $93,600, lower by 2% over the past 24 hours and off 10% over the past week. The broader crypto market as defined by the

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FTX’s Initial $1.2B Payout Process to Creditors Is Underway

Creditors of the collapsed cryptocurrency exchange FTX with claims below $50,000 have started receiving their payouts, which include 9% annual interest accrued since November 2022. Multiple users on the FTX subreddit have reported receiving funds on accounts at crypto exchange Kraken with the added interest on top. Creditors are scheduled to receive roughly 119% of

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Blockchain Security Firm Blockaid Raises $50M to Tackle On-Chain Threats

Blockaid, a cybersecurity firm specializing in blockchain security, said it raised $50 million in a Series B funding round to help expand research, engineering and product development. Ribbit Capital led the round, with backing from GV and existing investors including Variant and Cyberstarts, the company said. The funding comes as demand for blockchain security rises,

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Mastercard Says It Has Moved Beyond Experimentation in Crypto, Focused on ‘Real Solutions’

Traditional finance firms that have adopted crypto are moving past the experimentation phase and are actively working on real-world solutions, Mastercard’s head of crypto and blockchain, Raj Dhamodharan, told CoinDesk. “Many of us in the industry are moving beyond experimentation; it’s actually real solutions,” he said, noting that Mastercard has already enabled stablecoin payments for

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MARA Holdings Closes Deal for Texas Wind Farm

The second-largest publicly traded corporate bitcoin holder, MARA Holdings (MARA), has announced the completion of the acquisition of a wind farm in Texas, adding 114 megawatts of nameplate wind capacity and 240 megawatts of interconnection capacity to its operations. The Florida-based company plans to use the wind farm to power bitcoin mining operations using last-generation

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