Finance

Finance

Policy

Indian Finance Minister Echoes Central Bank's Crypto Ban Call but Says Global Collaboration Is Required

Finance Minister Nirmala Sitharaman made her comment in answer to a series of written questions from a member of parliament about cryptocurrency legislation.

Indian Minister of Finance Nirmala Sitharaman (IMF Photo/Cliff Owen)

Opinion

Celsius Looks Sloppy in New Lawsuit, but So Does the DeFi Legend Suing It

While underscoring Celsius’s disregard for risk and weak controls, KeyFi’s lawsuit also casts new, unflattering light on the crypto whale known as @0x_b1.

In a new dispute between Celsius and a trading partner, both parties seem to have helped fumble depositors' bags. (Getty Images)

Finance

Software Firm Meitu Lost Up to $52.3M in H1 Due to Slide in Crypto Prices

The app developer had bought 940.89 BTC and 31,000 ETH in spring of 2021.

Hong Kong skyline (Ruslan Bardash/Unsplash)

Finance

Crypto Miners Face Margin Calls, Defaults as Debt Comes Due in Bear Market

Private and publicly listed crypto miners owe up to $4 billion in debt used to finance the construction of gargantuan facilities across North America, according to industry participants and data compiled by CoinDesk.

A man holds open an empty leather wallet. (Andrew Khoroshavin/Pixabay)

Finance

Investment Firm Cypherpunk Holdings Sells All of Its Bitcoin and Ether

The publicly listed firm has transitioned its treasury to cash amid increased market volatility, but it hasn’t ruled out reinvesting in cryptocurrencies when the market settles down.

Cypherpunk sold to avoid plunging into a hole. (Unsplash)

Finance

Iris Energy Raises 2022 Hashrate Estimate to 4.3 EH/s

The construction of the bitcoin miner's Texas site may be delayed as the firm removed completion estimate.

Bitcoin mining ASICs submerged in immersion cooling liquid at a facility in South Spain. (Eliza Gkritsi)

Policy

India 'Fairly Ready' With Crypto Consultation Paper, Government Official Says

India has not yet finalized crypto-specific legislation.

CoinDesk placeholder image

Opinion

The New Ways of Making Money in the Metaverse

Examining how to make advertising more “tasteful,” online shopping more social and when to deploy a DAO.

(Benjamin Child/Unsplash, modified by CoinDesk)

Policy

Binance Seeking ‘Ideal Point’ for India Launch

Increased hiring, active consultations and monitoring of the regulatory environment by the exchange suggest Indian operations may soon be underway.

Binance will list the LDO token. (Dylan Calluy/Unsplash)

Finance

Soluna Receives $35M From Spring Lane to Build Green Data Centers

The money brings Soluna’s total funding for data centers co-located with renewable energy assets to $100 million.

Bitcoin mining can soak up renewable energy that is hard to transmit or consume locally, giving a leg up to energy producers. (Yunha)