Crypto News

Former U.S. House Financial Services Committee Chair Patrick McHenry (R-N.C.), who retired in January, has joined Andreessen Horowitz (a16z) as a senior advisor.McHenry announced his new role at the Silicon Valley-based venture capital firm in a Wednesday X post. McHenry was the acting Speaker of the House for a few weeks in 2023 after former Speaker Kevin McCarthy was ousted.“For too long, D.C. has created barriers for startups and emerging companies. It’s time to level the playing field and ensure that Little Tech – the next generation of builders – gets a fair shot. As a policy maker, I promoted solutions that removed bureaucratic barriers for American entrepreneurs. At I am eager to continue that work and ensure policymakers understand why...

While spot bitcoin exchange-traded funds yesterday registered their largest-ever daily outflow as investors pulled out nearly $1 billion, spot gold ETFs continue to see large inflows, a potential boon for gold-backed cryptocurrencies.Physically-backed gold ETFs last week saw their largest weekly inflow since March 2022, according to data from the World Gold Council, which showed inflows of 52.4 tons, or roughly $4.9 billion, with most of the added demand coming from North America.In all, gold ETF holdings are at 3,326 tons worth roughly $314 billion, according to the group.Despite some declines over the past few days, gold is higher by just shy of 11% so far in 2025, 43% year-over-year and currently trading at $2,910 per ounce. Among the reasons noted...

The GitVenom campaign targets developers—and once downloaded, can be used to deceive victims into transferring crypto.Source link

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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 2814.47, down 1.6% (-46.85) since 4 p.m. ET on Tuesday.Ten of 20 assets are trading higher.Leaders: LTC (+7.9%) and ICP (+2.2%). Laggards: SOL (-5.6%) and UNI (-4.3%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link