Francisco Rodrigues
Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk's $1,000 disclosure threshold.
77 articles
Summer.fi Halts Lazy Summer Vaults After $6 Million Exploit
Decentralized finance protocol Summer.fi has paused its Lazy Summer vaults following an exploit that drained approximately $6 million from the platform, according to CoinDesk. The SUMR token fell over 18% after the incident was reported by several blockchain security firms, including Blockaid and PeckShield.
19 minutes ago·CoinDesk·Reported by Francisco Rodrigues
Sberbank to Launch Cryptocurrency Wallet by December Pending Legislation
Sberbank, Russia's largest bank, plans to introduce a cryptocurrency wallet and digital depository by December, contingent on new legislation regarding digital assets. This initiative follows years of regulatory hurdles and is set to integrate into the bank's existing platforms once the bill 'On Digital Currency and Digital Rights' is enacted in September, according to CoinDesk.
3 hours ago·CoinDesk·Reported by Francisco Rodrigues
Coinbase AI Faces Backlash for Incorrect World Cup Result Alert
Coinbase mistakenly sent an AI-generated alert claiming Norway defeated Brazil 3-2 before the match began, drawing user criticism. Following the incident, CEO Brian Armstrong is investigating, and Coinbase stated it is making updates to avoid similar inaccuracies in the future, according to CoinDesk.
4 hours ago·CoinDesk·Reported by Francisco Rodrigues
SpaceX to Join Nasdaq 100 as Economic Reports Loom
On July 7, 2026, SpaceX is set to join the Nasdaq 100 index, highlighting its position in the tech sector. CoinDesk reports that this development comes alongside significant macroeconomic events, including the Federal Open Market Committee's minutes and critical U.S. economic data that could influence cryptocurrency markets.
6 hours ago·CoinDesk·Reported by Francisco Rodrigues
Trump's Crypto Token Buyers Report $3.8 Billion Losses
Data from Nansen, covered by CoinDesk, indicates that holders of Trump's memecoin have experienced a combined loss of $3.81 billion since its launch. Despite Trump earning over $1.4 billion from the token, around two-thirds of its 1.48 million wallets show significant losses.
2 days ago·CoinDesk·Reported by Francisco Rodrigues
EU Warns Retail Investors on Prediction Markets Amid Regulatory Concerns
The European Securities and Markets Authority (ESMA) cautions that some prediction-market contracts may be classified as financial instruments under EU law, potentially violating a ban on binary options. This warning reflects the growing intersection between prediction markets and both traditional finance and crypto markets, as reported by CoinDesk.
2 days ago·CoinDesk·Reported by Francisco Rodrigues
SBI Crypto Announces Shutdown of Bitcoin Mining Pool Covering 2% of Hashrate
SBI Crypto plans to cease operations of its Bitcoin mining pool on July 31, 2026, which currently accounts for around 2% of the network's hashrate, according to CoinDesk. Miners are required to redirect their hashrate before this date as the pool will no longer accept contributions after that point.
4 days ago·CoinDesk·Reported by Francisco Rodrigues
U.S. Treasury Sanctions Over 100 ISIS-K Crypto Addresses, Freezes Funds
The U.S. Treasury's Office of Foreign Assets Control sanctioned 134 cryptocurrency addresses linked to ISIS-K, involving over $1.4 million in transactions since 2023. The action emphasizes the increasing role of stablecoin issuers in enforcing sanctions, as highlighted by CoinDesk.
4 days ago·CoinDesk·Reported by Francisco Rodrigues
Crédit Agricole Launches Euro-Pegged Stablecoin EURXT
Crédit Agricole has launched the EURO eXchange Token (EURXT), a euro-pegged stablecoin that complies with the EU’s Markets in Crypto-Assets (MiCA) framework, according to CoinDesk. The stablecoin was introduced with an initial circulation of 20 million tokens backed 1:1 by euro reserves at Caceis Bank, competing with existing tokens from Circle and Société Générale.
5 days ago·CoinDesk·Reported by Francisco Rodrigues
World Launches as Onchain Prediction Market on Solana
The prediction market platform World has launched on Solana, available through Phantom wallet and at world.xyz, according to CoinDesk. Utilizing Chainlink for market data, it allows users to trade contracts linked to various events, including crypto prices and the 2026 FIFA World Cup.
5 days ago·CoinDesk·Reported by Francisco Rodrigues
SEC Orders $5.5 Million Payment from NanoBit for Fraudulent Crypto Scheme
A U.S. court has ruled that NanoBit Limited and five others must pay $5.5 million for running a fraudulent crypto platform, as reported by CoinDesk. The defendants misappropriated investor funds to offshore accounts, misleading 18 investors with fake trading dashboards.
6 days ago·CoinDesk·Reported by Francisco Rodrigues
Ukraine Transfers $8.3 Million in Seized Cryptocurrency
Ukraine has successfully transferred $8.3 million in Tether (USDT) seized during an investigation into an international hacker group, marking a historic first for the country's management of seized digital assets, according to CoinDesk. This move comes as Ukraine explores the establishment of a strategic cryptocurrency reserve, similar to practices in the U.S.
last week·CoinDesk·Reported by Francisco Rodrigues
New MiCA Regime Takes Effect in Europe Amid U.S. Economic Reports
The European Union's Markets in Crypto Assets (MiCA) regime becomes fully effective on July 1. CoinDesk reports that exchanges are now competing for customers following Binance's failure to obtain a license in the region, while key U.S. economic data is set to be released, impacting market trends.
last week·CoinDesk·Reported by Francisco Rodrigues
Bitcoin Drops Below $70,000 Amid AI Influence and ETF Outflows
Bitcoin fell below the $70,000 mark for the first time in two months, decreasing over 4.45% recently, as stated by CoinDesk. The current volatility is attributed to ongoing outflows from Bitcoin exchange-traded funds and a noted sale by Strategy, casting uncertainty on the cryptocurrency market.
last month·CoinDesk·Reported by Francisco Rodrigues
Bitcoin Under Pressure from ETF Outflows and Rising Oil Prices
Bitcoin and several major cryptocurrencies face downward pressure due to record outflows from U.S. spot bitcoin ETFs and rising oil prices, according to CoinDesk. Over the past ten sessions, Bitcoin ETF withdrawals reached $2.97 billion, the longest streak on record, which complicates the market's ability to rally alongside rising equities driven by artificial intelligence enthusiasm.
last month·CoinDesk·Reported by Francisco Rodrigues
Congress Returns Amid Looming Stablecoin Regulations and Employment Reports
As reported by CoinDesk, the U.S. Congress reconvenes with important deadlines approaching regarding the GENIUS Act's stablecoin regulations. The comment periods for these regulations close on June 2, affecting who can issue stablecoins and under what conditions, as well as the ongoing Clarity Act negotiations set to re-open on June 3.
last month·CoinDesk·Reported by Francisco Rodrigues
Investors Rapidly Exit $1.26 Billion Block Sale of BlackRock’s IBIT
A $1.26 billion sale of BlackRock's iShares Bitcoin Trust (IBIT) indicates a large investor's urgent desire to exit bitcoin exposure, as reported by CoinDesk. NYDIG analyzed the sale, noting the seller accepted a 2.3% discount for speed and certainty over price maximization.
last month·CoinDesk·Reported by Francisco Rodrigues
SEC Files Suit Against Texas Man Over Alleged $12.3 Million AI Crypto Investment Scam
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against Nathan Fuller from Texas, alleging that he raised approximately $12.3 million from around 150 investors through a fraudulent crypto scheme based on false AI trading bots, according to CoinDesk.
last month·CoinDesk·Reported by Francisco Rodrigues
