A New York court on Wednesday ordered fintech company Ripple to pay a $125 million fine in its lawsuit with the Securities and Exchange Commission (SEC). But the civil penalty is significantly less than the $2 billion sought by the SEC in the long-running feud between the crypto giant and the Wall Street watchdog. U.S. District Judge Analisa Torres ordered the fine, ruling that 1,278 transactions broke securities laws, according to court documents filed today. The SEC asked for $2B, and the Co...
Bitcoin at Bottom or More Pain to Come? Experts Weigh In
Bitcoin’s 16% plunge to below $50,000 earlier this week has left investors and traders scrambling to make sense of the sudden shift in market dynamics. Many analysts tell Decrypt that the top cryptocurrency's volatility presents opportunity, and most remain bullish in the long term. The recent crypto carnage comes amid heightened global economic uncertainty, with factors such as inflation concerns, geopolitical tensions, and shifting monetary policies contributing to market volatility across var...
Kamala Harris Taps Minnesota Governor Tim Walz as Running Mate
Tuesday's move sets up this year's presidential contest against Donald Trump and JD Vance.
CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher
The CoinDesk 20 saw a broad rally after its recent plunge, with RNDR up 14.2% and SOL up 8.3%.
CoinDesk 20 Performance Update: RNDR Bounces 14.2%, Leading Index Higher
The CoinDesk 20 saw a broad rally after its recent plunge, with RNDR up 14.2% and SOL up 8.3%.
Trump-Themed ‘DJT’ Token, Issued by Martin Shkreli, Suddenly Dives 90%
A single wallet sold $2 million worth of the token earlier Tuesday, causing market capitalization to fall from $55 million to as low as $2 million almost instantly.