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Welcome to The Protocol, CoinDesk’s weekly wrap-up of the most important stories in cryptocurrency tech development. I’m Ben Schiller, managing editor at CoinDesk. In this issue:...
Core Scientific (CORZ) stock surged more than 11% after-market on Wednesday after the data center and bitcoin mining company said it was planning a $1.2 billion...
Bitcoin miners that are still drawing electricity from grid-attached power sources will struggle after the next halving event in 2028, MARA Holdings (MARA) said in a...
The U.S. Securities and Exchange Commission, the Tron Foundation and Justin Sun filed a joint motion Wednesday asking a federal judge to pause the securities regulator’s...
The U.S. Court of Appeals for the Second Circuit issued a ruling on Wednesday largely agreeing with a lower court’s 2023 decision to toss out a...
Gotbit founder Aleksei Andriunin, a 26-year-old Russian national, was extradited to the U.S. on Tuesday to face fraud charges stemming from allegations that his firm participated...
The U.S. House of Representatives has taken the first significant move to erase the work of the Internal Revenue Service to impose a tax regime on...
U.S. Treasury Secretary Scott Bessent named Galaxy Digital regulatory counsel Tyler Williams to advise on digital assets and blockchain technology policy. Williams currently serves as head...
Bank of America, which has historically taken a backseat in the crypto industry, is prepared to launch its own dollar-backed stablecoin if U.S. lawmakers approve legislation...
In the wake of the appointment of a U.S. crypto czar and the announcement of comprehensive crypto legislation, many believe the era of “regulation by enforcement”...
