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Policy

Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown's Foe

Crypto-fan candidate Bernie Moreno has caught up in Ohio polls as the industry's cash outpaces other PACs in one of the key U.S. Senate races that may decide the majority.

Sen. Sherrod Brown, the chairman of the Senate Banking Committee who has so far spurned crypto legislation, faces on onslaught of $40 million in crypto cash backing his Ohio election opponent. (Tierney L. Cross/Getty Images)

Finance

U.S. Crypto Industry Will Follow a Different Path From Rest of World: BitMEX Group CEO

BitMex does not operate in the U.S. and is positioned more in Asia than any other part of the world.

BitMEX Group CEO Stephan Lutz (Courtesy: BitMEX)

Tech

DeFi Protocol Cega Debuts 'Vault Token Market' to Facilitate Seamless Investing

The offering solves the liquidity issues faced by investors due to the 27-day deposit lock-up period.

(Alina Grubnyak/Unsplash)

Finance

Crypto Exchange Kraken Said to Hire Natasha Powell as UK Head of Compliance

Powell will start in her new role at the crypto exchange in November.

Kraken has hired Natasha Powell as U.K. head of compliance: sources. (BCB Group)

Finance

Crypto Investment Firm Deus X Capital Unveils DeFi Unit Which Will Start New Yield Generating Protocol

The company will debut its first protocol on the Solana blockchain in early 2025 with more than $100 million in total value locked.

Deus X CEO Tim Grant (Deus X)

Markets

Family Offices Investors Summit: The $100M Club Bets on Liquid Token, AI, and Gaming in Pivot to Alternative Investments

The Asia-Pacific region is expected to lead global growth in family office wealth, Manana Samuseva, founder of FOIS, told CoinDesk.

Manana Samuseva, founder of FOIS, (right) at the Family Funds Investor Summit at Singapore. (Manana Samuseva/FOIS)

Markets

ICP-Based Bitcoin Token 'ckBTC' Will Bridge to Cosmos Through Osmosis

Osmosis is partnering with ICP-built Omnity network in order to provide a service for bridging non-custodial BTC into Cosmos

Osmosis Labs co-founder Sunny Aggarwal (Danny Nelson/CoinDesk)

Finance

Fintech Giant Revolut Said to Be Planning Stablecoin

Crypto-friendly Revolut is said to be quite far along in creating its own stablecoin, according to two people familiar with the plan.

Fintech giant Revolut is said to be planning to issue a stablecoin of its own.  (A. Aleksandravicius/Shutterstock)

Finance

Winklevoss Twins' Father Donates $4M Bitcoin to School Teaching Theory That Inspired Satoshi

His donation is the first bitcoin gift that the college has received, and will fund new business programs.

Tyler and Cameron Winklevoss with their father, Howard (Winklevoss family)

Finance

Stablecoin Giant Circle Is Moving Its Headquarters to New York City

The USDC issuer will move into One World Trade Center, and New York Mayor Eric Adams – who has sought to make the city a crypto hub – will attend the Friday ribbon cutting.

Circle plans to move into One World Trade Center, the tallest building in the picture. (Craig T Fruchtman/Getty Images)