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Arbitrum, the Ethereum layer-2 solution developed by Offchain Labs, has seen no instances of fraud proofs being submitted on its mainnet since its launch in August 2021. Ed Felten, co-founder…

According to Vincent Gusdorf, the head of DeFi and digital asset analytics, distributed ledger technology (DLT) has the potential to enhance the efficiency of financial markets, modernize payment systems, and…

Bankrupt cryptocurrency exchange FTX is currently investigating the possibility of reclaiming millions of dollars that were paid to celebrity athletes and sports teams as part of their marketing efforts prior…

DeFi, short for decentralized finance, has been taking the financial world by storm. This new form of finance utilizes blockchain technology to create open and permissionless financial systems, without the…

Bitcoin (BTC) has been trading within a narrow range this week, forming a potential third consecutive Doji candlestick pattern on the weekly chart. The lack of support from the US…

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk, a leader in news and information on cryptocurrency, digital…

Crypto exchange FTX has taken legal action against LayerZero Labs in an attempt to recover $21 million in funds that were allegedly withdrawn illegally before FTX's shutdown in November 2022.…

Former FTX executive Ryan Salame is expected to plead guilty to charges, according to a report by Bloomberg. The details of the charges have not yet been disclosed, but Salame's…

Coinbase CEO Brian Armstrong is predicting that the upcoming elections in the United States will witness a significant impact from the crypto community's voting power. Armstrong argues that politicians in…

OpenCover, a blockchain-based insurance startup, recently secured $200,000 in funding from popular cryptocurrency exchange Coinbase. This injection of capital is expected to strengthen OpenCover's entry into Base, its newly launched…