ChainCatcher news, CoinDesk has acquired the crypto data provider CCData and its retail division CryptoCompare, which serves over 300,000 active users.CCData is regulated in the UK and is one of the providers of digital asset data and index solutions.CoinDesk CEO Sara Stratoberdha stated, "We are excited to begin integrating CCData's high-quality, robust, and trusted data platform and retail suite into CoinDesk's existing products and services, bringing more opportunities to our customers."

ChainCatcher news, Matan Sibon, the founder of the EigenLayer ecosystem project eOracle, has questioned CoinDesk's recent report on Eigen Labs.Matan stated that last week, CoinDesk's deputy editor Sam Kessler invited him for an interview to complete an article about restaking technology. However, during the interview, Sam continuously steered the conversation towards the topic of "whether the Eigen Labs team has pressured ecosystem projects to request airdrops of tokens," despite Matan repeatedly denying this and expressing that, based on his personal understanding of the ecosystem projects, such as Altlayer, Renzo, and Ether.fi, none of them would feel "pressured." However, these responses did not appear in CoinDesk's report.Matan further added that exposing conflicts of interest is one thing, but accusing a team of abusing power to pressure other projects in the ecosystem for "profit" is another matter. CoinDesk would be better off retracting the report or providing evidence.Previously, CoinDesk reported that Eigen Labs employees distributed their wallet addresses to ecosystem projects to "profit" through airdrops. EigenLayer responded by stating that there is currently no discovery or evidence indicating that any employees of Eigen Labs have pressured any teams inappropriately to benefit Eigen Labs or its employees.

ChainCatcher news, according to market news, the New York Stock Exchange announced a partnership with Coindesk Indices to launch a financial product that tracks the spot price of Bitcoin.

ChainCatcher news, according to CoinDesk, institutional crypto custodian BitGo has partnered with CoinDesk Indices to provide custody services for the 20 cryptocurrencies that make up the CoinDesk 20 index.

ChainCatcher news, digital asset management company and multi-strategy cryptocurrency hedge fund Hyperion Decimus announced the launch of the crypto fund HD CoinDesk Acheilus, aimed at providing transparent, data-driven investments in the digital asset space through institutional-grade trust management. The fund is primarily driven by CoinDesk Indices' proprietary Bitcoin Trend Indicator (BTI) and Ethereum Trend Indicator (ETI) to reduce the risk of market volatility for institutional investors in the cryptocurrency market.

ChainCatcher news, CoinDesk X tweeted that the recent $DOGE price movement is strikingly similar to the situation at the end of 2020, when the token rebounded from a bear market and surged over 1,000% in early 2021. Source @godbole17

ChainCatcher news, according to the South China Morning Post, CoinDesk President Foster Wright has confirmed that the Consensus Hong Kong conference will be held at the Hong Kong Convention and Exhibition Centre from February 19 to 20, 2025.It is reported that the conference will cover topics including cryptocurrency, tokenization, the latest fintech and blockchain innovations, data management, and privacy technologies. This is also the first time in five years that the conference will take place outside the United States.

ChainCatcher news reports that sources reveal the cryptocurrency exchange Bullish is restructuring Coindesk, with multiple executives and overseas teams being laid off.Bullish, led by former New York Stock Exchange president Tom Farley, announced the acquisition of CoinDesk last November.On February 9, Bullish announced the replacement of CoinDesk's long-time CEO Kevin Worth with Bullish's head of business development, Sara Stratoberdha.According to media reports, Bullish has replaced the former CoinDesk CEO, some original team executives, and overseas team members, including long-time CEO Kevin Worth, Chief Operating Officer and Media President Elinor Hirschhorn, Engineering Vice President John DeGuenther, and Global Strategy Executive Director Emily Parker, all of whom have left. Chief Content Officer Michael Casey will no longer serve in a full-time role but will continue to remain at CoinDesk in another capacity.

ChainCatcher news, February 16, according to CoinDesk, Web3 gaming and NFT analytics platform Helika has completed an $8 million Series A funding round, with participation from Pantera, Animoca Brands, Diagram, and Sfermion. The funds raised will be used to help Helika advance its AI-driven product and service suite.Helika focuses on comprehensive analysis of in-game, on-chain, and social media data, helping brands understand their communities, increase user acquisition and engagement, and drive overall growth through data.

ChainCatcher news, senior lawmakers told CoinDesk that India will not introduce cryptocurrency or Web3 legislation in the next 18 months.Jayant Sinha, chairman of the Indian Parliament's Finance Standing Committee and a member of the ruling Bharatiya Janata Party (BJP), responded to reporters' questions about when India might see legislation specifically targeting Web3. Sinha stated, "Regulators and policymakers must be responsible not only for innovation (which we certainly want to encourage) but also for safety." We must truly find this balance, and this balance will continue to evolve over the next 12 to 18 months.Given that 2024 is a year when elections may be held in India, the United States, and the United Kingdom, the evolution of global standards, and the new realities of industry evolution following the collapse of FTX and regulatory actions against Binance, Sinha's remarks indicate that at least in 2024, the stance on cryptocurrency is unlikely to take the form of legislation.

ChainCatcher news, the cryptocurrency exchange Bullish, led by former New York Stock Exchange president Tom Farley, announced the completion of its acquisition of CoinDesk in an all-cash transaction, with terms of the deal undisclosed. CoinDesk will operate as an independent subsidiary and retain editorial independence. Bullish stated that it will immediately inject funds into several growth initiatives for CoinDesk.CoinDesk announced that former Wall Street Journal editor Matt Murray will serve as the chairman of the independent editorial board.

ChainCatcher message, due to the devaluation of local fiat currencies and overall economic instability, the recent rise in Bitcoin prices has led to historical highs in Turkey and Nigeria. As of Friday morning, the price of Bitcoin in the Turkish market reached 9.6 million lira, while in the Nigerian market, it reached 27.4 million naira. In local currency terms, Bitcoin's monthly increase has reached as high as 30%. According to CoinGecko, local cryptocurrency exchanges have seen a Bitcoin trading volume of $40 million in the past 24 hours, a figure that may not include local users trading on global exchanges like Binance or Coinbase.It is reported that in the past month, the naira has depreciated by 0.45% against the dollar, and over the past six months, it has fallen by 45%; the lira has dropped by 2.9% against the dollar in the past month and by 31% over the past six months. A study by the International Monetary Fund (IMF) shows that Nigeria's inflation rate has risen by 25% compared to 2022, while Turkey's inflation rate has surged by 51%, leading to a significant decline in the purchasing power of TRY and NGN. This may have boosted demand for Bitcoin.

ChainCatcher news, according to CoinDesk, Methodic Capital Management has launched the Methodic CoinDesk ETH Staking Fund, aimed at providing investors with total ETH returns by combining the risk exposure of the token itself with staking rewards.The fund utilizes the CoinDesk ETH Total Return Index (ETXTR), which is a combination of the CoinDesk ETH Price Index (ETX) and the Comprehensive ETH Staking Rate (CESR), calculated by CoinDesk Indices and managed by digital asset management firm CoinFund. BitGo will custody and stake the assets of the fund, while the investment bank and FINRA-registered market Oasis Pro Markets will act as a tokenization agent, incorporating the fund's shares into the blockchain world and facilitating secondary market trading.

ChainCatcher news, according to The Block, evidence provided by Sam Bankman-Fried during the trial shows that he believes it was Binance that leaked Alameda Research's balance sheet to the media outlet CoinDesk, which was a key event leading to the collapse of FTX.Caroline Ellison testified that SBF prepared a memorandum dated November 6, 2022, outlining potential investors he and others planned to approach for rescue, which listed TRON founder and Huobi exchange advisor Justin Sun as a potential investor to reach out to, but added that "it turned out he had a close relationship with CZ."

ChainCatcher news, CoinDesk reporters have received the Gerald Loeb Award, which is widely regarded as the highest honor in financial and business journalism. They exposed the fragile foundations of SBF's crypto empire and vividly documented the rapid, astonishing, and absurd decline of this industry giant.The story originated from a CoinDesk article by reporter Allison published on November 2, 2022, titled SBF article, which raised questions about the strength of Bankman-Fried's large trading firm Alameda Research and the safety of the more well-known cryptocurrency exchange FTX associated with the billionaire. Just nine days after the story was published, Bankman-Fried's company entered bankruptcy court.

ChainCatcher news, Coindesk reports revealing SBF's current living conditions and daily life at the Brooklyn Metropolitan Detention Center in New York. The article states that since losing bail, SBF has been living in this prison for six weeks, and the conditions and environment are vastly different from SBF's previous residence in the Caribbean.SBF's lawyers told the judge: "The internet speed here is slow, the living area is too dirty, and the food options in the cafeteria are very limited. SBF survives on bread and water, sometimes with peanut butter." The Brooklyn Metropolitan Detention Center is a large prison complex consisting of two buildings, housing over 1,600 male and female inmates, many of whom are still awaiting trial. Currently incarcerated inmates also include former Honduran President Juan Orlando Hernandez, who pleads not guilty to drug trafficking charges, and Chinese businessman Guo Wengui, who pleads not guilty to fraud charges.SBF's schedule at the detention center may be quite strict. A resident handbook for the facility shows that inmates wake up at 6 AM and must make their beds, mop the floors, and take out the trash. After that, inmates may work around the prison, serving as prep cooks in the kitchen, providing cleaning services throughout the complex, or assisting in the facility's maintenance shop.Lunch and dinner are served at 11 AM and 4 PM, respectively, with meals supposed to include meat, starches, and vegetables or fruits, but inmates actually receive cold cuts, sandwich bread, moldy cake, and other "unidentifiable food." SBF is a vegetarian, and if he does not like the food provided in the cafeteria, he can purchase peanut butter and jelly sandwiches with a weekly $150 commissary allowance, each costing $3.65. According to the complex's regulations, he can buy a maximum of two per day.Inmates can rest. However, the detention center lacks areas for recreational activities. SBF will have to hang out with his fellow inmates in the indoor community room, where they can play cards, chat, and watch TV. The dormitories and rooms within the prison are kept in semi-darkness 24 hours a day, and inmates can often be heard shouting loudly in their cells throughout the night. Many areas of the detention center lack heating, and most of the facility's air conditioning units are rarely functional.