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WazirX announced plans to launch a decentralized exchange (DEX) as part of a broader effort to enhance user security. The move follows a major breach in July, when hackers siphoned $235 million from the platform, sparking concerns over the security of centralized exchanges. WazirX co-founder Nischal Shetty said the new DEX would operate alongside the…

Crypto exchange Coinbase’s shares closed the day 31% higher, leading gains among digital asset-related stocks.

Bitcoin could top $1 million per coin during Trump’s second term, according to historical price data. Bitcoin (BTC) soared by over 1,900% during Donald Trump’s first term as the United States president between November 2016 and November 2020. This occurred despite his critical stance on the cryptocurrency at the time, highlighted by his well-known 2019…

The vast majority of Tether’s USDT volume exists on the Tron network due to comparatively lower fees and faster transaction finality.  Stablecoin issuer Tether announced it was conducting a large cross-chain swap of more than 2 billion Tether-USD (USDT) from various blockchain networks to the Ethereum network on November 6, 2024.According to Tether, 1 billion…

BlackRock’s spot Bitcoin (BTC) ETF recorded an impressive $1 billion in trading volume within just 20 minutes of market opening on Nov. 6, spurred by President-elect Donald Trump’s victory in the US elections. The surge reflects heightened investor confidence in a pro-crypto administration under Trump, who defeated incumbent Vice President Kamala Harris. The swift volume…

Analysts expect crypto products to proliferate after Republican presidential candidate Donald Trump’s Nov. 5 US election win. Blockchain analytics firm Arkham Intelligence has launched a cryptocurrency derivatives exchange, according to a Nov. 6 announcement. The exchange will reportedly target retail traders and compete with existing platforms such as Binance. It will integrate Arkham’s research and feature…

The blockchain industry might get a boost as former U.S. President Donald Trump wins a second term, promising to keep his promises, including a long list of Bitcoin- and crypto-related pledges.

Quinn Thompson, the founder of crypto hedge fund Lekker Capital, shared with CoinDesk why he was so confident Trump would win despite concerning polls.

The future of money is the cost of consensus, and the economy of the future will usher in the next era of globalization. Opinion by Ben Lilly, managing partner and head of research at Jlabs DigitalWhen it comes to Ether, or even Bitcoin, for that matter, what is the most basic reason to hold it?…

A US strategic Bitcoin reserve faces steep odds, with legislative hurdles and economic risks stalling approval. United States Senator Cynthia Lummis, long known as the “Crypto Queen” of Capitol Hill, has thrown a financial curveball into the post-election buzz by announcing plans to establish a strategic Bitcoin (BTC) reserve. Source: Senator Cynthia LummisThis bold move, declared…