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Lobbying disclosures show that around a dozen firms in the crypto space — including Digital Currency Group and Blockchain.com — are collectively spending more than $100,000 a month to promote industry-friendly legislation in New York, according to Bloomberg.More than 20 crypto-related bills have already been introduced in New York state since the start of the…

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part…

Also, the network hosts a vibrant staking economy with over 74% of the total supply of SOL currently being staked. For those unfamiliar with the term staking, it is the process of depositing or locking away an amount of tokens on a blockchain to become eligible to take up the role of a validator, or…

Other shorted tokens, according to GCR, included Gala’s GALA (-77% from November all-time high), IoTeX’s IOTX (-80%), The Sandbox’s SAND (-64%), Ethereum Name Service’s ENS (-80%), Gitcoin’s GTC (-76%), Livepeer’s LPT (-75%) and Axie Infinity’s AXS (-69%). Source

Dan Morehead, CEO and founder of leading blockchain venture fund Pantera Capital, stated that digital assets will be the “best place” to store capital following the potential fallout of interest rate hikes from the United States Federal Reserve. Investors across stock and crypto markets are currently fixated on the direction the Fed might take to combat…

Simply put, crypto custody means securing the private key that proves you own of the funds held within your crypto wallet. In traditional banking, all custodians are financial institutions, as required by law. With crypto, however, holders have the opportunity to become their own custodians. Using gold bars as an analogy, you can either store…

NEW YORK, Feb 11 (Reuters) - Investors are bracing for more gyrations in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets.The volatility traditionally associated with cryptocurrencies has been on full display in recent weeks. Bitcoin , the largest cryptocurrency, is up by around 33% since…

Here's what happened this week in the crypto world. Getty Welcome to Nonfungible Tidbits, a weekly roundup of cryptocurrency, NFTs and their related realms.Our lead story is Sunday's Super Bowl and all the crypto ads viewers will see. And, while we're on the topic of crypto and pro sports, the Washington Nationals baseball team also…

Cryptocurrency has become one of the most widely discussed topics of 2022. As such, it shouldn’t come as a surprise that mentioning “crypto” in an online dating profile may generate additional attention. A new study from brokerage firm eToro found that 33% of Americans who were surveyed would be more likely to go on a date…

In recent months, FTX paid $17.5 million to sponsor the athletic teams at the University of California, Berkeley; introduced a $20 million advertising campaign with the football star Tom Brady and his supermodel wife, Gisele Bündchen; and teamed with the Coachella music festival to offer NFTs, or nonfungible tokens. It has the naming rights to…