The total hashrate of the U.S.-listed bitcoin (BTC) miners tracked by JPMorgan (JPM) has almost doubled from a year ago and now accounts for about 29% of the global network, the bank said in a report on Tuesday. The combined…
Key Takeaways: Former Binance CEO Changpeng Zhao (CZ) publicly dismissed concerns about Bitcoin’s price decline, encouraging a long-term perspective. Current Binance chief Richard Teng characterized the drop as a “tactical retreat” rather than a fundamental market shift. Investor sentiment appears…
An OKX subsidiary said it resolved a U.S. DOJ investigation. Updated Feb 24, 2025, 9:33 p.m. UTCPublished Feb 24, 2025, 9:23 p.m. UTC What to know: OKX, one of the world's largest cryptocurrency exchanges, settled charges with the U.S. DOJ after facilitating…
Also: Ethereum developers release “Open Intents Framework,’ Monad & Orderly Join Forces, and Crypto’s Most Influential Investor? Feb 19, 2025, 6:24 p.m. UTC Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. I'm Margaux…
India’s Central Bureau of Investigation (CBI) is conducting raids across the seventh-largest country in the world in connection to the infamous GainBitcoin scam from 2015. On Tuesday, 25 February, the bureau announced that it began the raids at more than…
The company had previously been wary, but the friendlier U.S. regulatory outlook has that stance. Feb 24, 2025, 5:54 p.m. UTC What to know: Market-making firm Citadel Securities is planning to wade deeper into the crypto world, according to a Monday…