US


Finance

Crypto Market Snoozes Through ADP Payroll Shocker

The Omicron variant is behind a sharp decline in U.S. jobs in January, but markets are shrugging off the weak number.

LOS ANGELES, CALIFORNIA - JUNE 23: A 'Now hiring' sign is displayed at a FedEx location on June 23, 2021 in Los Angeles, California. Nearly 650,000 retail workers gave notice in April, the biggest one-month worker exodus in the retail industry in more than 20 years, amid a strengthening job market.  (Photo by Mario Tama/Getty Images)

Policy

Florida’s Office of Financial Regulation Issues Warning About DeFi

The U.S. state regulatory body emphasized the DeFi investment market is still new, highly volatile and driven mostly by psychological factors.

florida flag

Finance

Cloud Miner BitFuFu Looks at US Listing via SPAC Merger

The merged firm is valued at $1.5 billion.

(Shutterstock)

Policy

Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency

CBDC’s are an inevitable evolution of today’s electronic currencies, the bank’s analysts said.

dollar_bill_shutterstock

Policy

Biden Administration to Release Executive Order on Crypto as Early as February: Report

The directive will ask federal agencies to determine the risks and opportunities posed by digital assets.

CoinDesk placeholder image

Policy

Binance Didn't Upgrade Customer Checks, Despite Promises to Regulators: Report

A Reuters investigation found Binance has not been as keen on regulation as it has publicly professed to be.

CEO de Binance, Changpeng Zhao (Archivo de CoinDesk)

Tech

Bitcoin Mining Difficulty Sets New All-Time High

The measure of bitcoin mining difficulty will likely continue hitting record highs well into 2022.

A bitcoin mining farm. (Marko Ahtisaari/Flickr)

Policy

Russian Authorities Say They’ve Dismantled REvil Ransomware Group at US Request

The FSB raided 25 residences, seizing approximately $6.8 million in various currencies including cryptocurrencies.

(Getty/Bill Hinton)

Policy

US Congress to Hold Oversight Hearing on Crypto Mining: Report

Lawmakers will look at mining’s effect on the environment.

The U.S. Capitol in Washington D.C. (Darren Halstead/Unsplash)