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Friend.Tech's Native Token Tanks After Airdrop
Decentralized social platform Friend.Tech airdropped its native token FRIEND on Friday. The token's price rose as high as $169 immediately after it began trading on Base before quickly collapsing. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Coinbase's Blowout First Quarter; Could Hong Kong ETFs See $1B AUM by 2024 End?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the blowout first quarter of Coinbase where the crypto exchange reported net income of $1.2 billion. Plus, Kraken's indices provider predicts that spot ETF products in Hong Kong will reach $1 billion in AUM by the end of 2024. And, Jack Dorsey's Block doubles down on bitcoin.
BronxCrypto Founder on Major Challenges Faced by Crypto Education
BronxCrypto founder and CEO Julio Barrios answers five rapid-fire questions from CoinDesk, including the significance of crypto education in the Bronx, the biggest challenges for crypto's mainstream adoption, and Barrios' crypto genesis story.
How Crypto Solves Financial Problems in the Bronx
BronxCrypto founder and CEO Julio Barrios joins "First Mover" to discuss the financial challenges faced by the Bronx community and how crypto education can provide solutions to those issues. Plus, insights on regulatory concerns surrounding the crypto industry and what it takes for mainstream adoption.
Binance Nigeria Money Laundering Trial Delayed; Fmr FTX Europe Head Pays $1.5M for Titanic Memento
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the delay of Binance Nigeria's money laundering trial to May 17. Plus, asset management giant BlackRock expects a new wave of inflows from different types of investors, and former head of FTX Europe Patrick Gruhn paid nearly $1.5 million for a gold pocket watch recovered from the Titanic.
BlackRock's Bitcoin ETF Sees First-Ever Day of Outflows
BlackRock's spot bitcoin ETF product IBIT recorded its first-ever day of outflows on Wednesday, with $36.9 million exiting the fund. According to data source Farside Investors and CoinGlass, the 11 spot BTC products in the U.S. saw a cumulative net outflow of $563.7 million, the largest since the funds began trading in January. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Why Casa's Co-Founder Wants ETF Providers to Diversify Custody
Casa co-founder and Chief Security Officer Jameson Lopp joins "First Mover" to discuss the significance of self-custody in the crypto space and how cryptography could enhance existing security models. Plus, the need for diversification of custodians and the resilience of bitcoin.
What's the Best Book for Beginners About Bitcoin?
Casa co-founder and Chief Security Officer Jameson Lopp answers five rapid-fire questions from CoinDesk, including which aspect of Bitcoin development excites him, his crypto genesis story, and what book he would recommend for beginners learning about Bitcoin.
CZ's 'Good Guy' Reputation; Money Laundering Risks of Crypto
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including Judge Richard Jones acknowledging Binance's former CEO Changpeng Zhao as a "do-gooder." Plus, a new report from the UK government on the money laundering risks of crypto between 2022 and 2023. And, the crypto restaking hype spreads from Ethereum to Solana.
Web3 Projects Have Lost More Than $401M to Hackers in 2024: Immunefi
According to data from Immunefi, Web3 lost $53,074,827 in April due to hacks and fraud across 21 incidents, bringing the year-to-date total lost to over $400 million. On-chain token infrastructure provider Hedgey Finance suffered the biggest loss in April of over 44 million. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."