Crypto News

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3237.73, up 0.8% (+26.27) since 4 p.m. ET on Monday.Fifteen of 20 assets are trading higher.Leaders: ADA (+13.6%) and LTC (+6.5%).Laggards: APT (-3.5%) and AAVE (-1.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link

Eric Council pleaded guilty to aggravated identity theft and access device fraud charges, acknowledging his involvement in the attack that caused a surge in bitcoin prices due to a fake SEC announcement of a bitcoin ETF approval. Man Pleads Guilty to ID Theft and Sim Swapping to Fake SEC Bitcoin ETF Approval Eric Council Jr.,Source link

Layer-1 blockchain TON said it is linking up with interoperability protocol LayerZero to allow users to move funds between multiple ecosystems in a relationship that will generate increased usage and fees for both parties.TON will initially be connected to 12 blockchains including Ethereum, Tron and Solana. Users will be able to transfer stablecoins to TON using Stargate, the largest crypto bridge. Stargate handled $1.6 billion in volume over the past month, according to DefiLlama.Users will also benefit from LayerZero's multichain liquidity, which allows funds locked in different blockchains to be pooled to reduce the chance of slippage — a change in price between initiating and ending a transaction — or outright failure.Liquidity is key decentralized finance (DeFi). There is some...

KULR Technology Group (KULR) has expanded its bitcoin (BTC) holdings to 610.3 BTC.The firm increased its total bitcoin stash to approximately $60 million after buying an additional $10 million worth at an average price of $103,905 per bitcoin, according to the announcement.This move aligns with the company’s bitcoin treasury strategy, announced in December 2024, where up to 90% of its surplus cash reserves are allocated to bitcoin.The company reported a BTC Yield of 167.3% year-to-date, using surplus cash and its at-the-market (ATM) equity program to fund acquisitions. BTC Yield is a key performance indicator (KPI) used to measure the percentage change in KULR’s Bitcoin holdings relative to its fully diluted shares outstanding. Shares of KULR were down nearly 2% in...

Bitcoin ETFs saw $186 million in outflows on February 10, while ether ETFs recorded $22 million in withdrawals after a strong run of inflows. Bitcoin and Ether ETFs Experience Notable Outflows The start of the week brought a shift in sentiment for crypto exchange-traded funds (ETFs). On Monday, Feb. 10, bitcoin ETFs recorded a netSource link