The Latest Breaking News from CoinDesk

Cryptocurrency exchange run by Changpeng Zhao pulled out of deal to rescue its rival

Life in the cryptocurrency industry is rarely quiet for long, and after a tumultuous summer, it seems the market is now entering a “crypto winter”. Over the past week, the founders of two of the largest cryptocurrency exchanges – Binance and FTX – have had a public Twitter spat that…

Although medical and recreational marijuana is legal in many states across the country, cannabis remains illegal under federal law and the lack of federal regulation forces the industry to operate outside the traditional financial system.

Michael Saylor's transition within MicroStrategy comes after leaving a $918 million impairment charge in the company's books.

Fidelity Investments CEO and Chairman Abigail Johnson is unfazed by the downturn in the cryptocurrency market, reported CoinDesk on Thursday.

Payments company PayPal Holdings Inc (NASDAQ: PYPL) has converted its conditional virtual currency license into a full-fledged “BitLicense.”

Numerous cryptocurrency firms globally are firing significant shares of their workforce in the wake of bearish market sentiment.  What Happened: The last week has seen major cryptocurrency exchanges and companies, such as Gemini, 2TM and Bitso, dismiss dozens of employees. 

On-chain analysis shows that Rep. Madison Cawthorn made several undisclosed trades of Ethereum (CRYPTO: ETH) based token Let's Go Brandon (CRYPTO: LGB).

From suggesting a legal move against RBI in a tweet to calling out the government's "