Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs

CoinDesk

2022. Dec. 31. 14:00

Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs The platform has so far purchased over 7,700 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.

Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust

CoinDesk

2022. Dec. 30. 21:59

Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin.

CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager

CoinDesk

2022. Dec. 30. 21:18

CFIUS Plans to Review Any Deals Made By Bankrupt Crypto Lender Voyager The review could impact the completion, timing and terms of any such deals, CFIUS said.

Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain

CoinDesk

2022. Dec. 30. 19:42

Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain Bitcoin miners had a rough 2022, showing “how to not build a mining business,” However, industry experts don’t see 2023 as any better, unless markets improve significantly.

FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations

CoinDesk

2022. Dec. 30. 19:34

FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since we first launched in 2021, I asked CoinDesk’s Policy Team what they’re looking out for this upcoming year.

Web3 Is Being Used to Preserve History Threatened by Wars

CoinDesk

2022. Dec. 30. 19:32

Web3 Is Being Used to Preserve History Threatened by Wars Theresa Kennedy, Black History DAO Founder, says using blockchain technology eliminates the need of a centralized storage facility.

BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan

CoinDesk

2022. Dec. 30. 19:25

BlackRock Gives Bankrupt Bitcoin Miner Core Scientific New $17M Loan BlackRock, which already was largest shareholder of the miner, also had $37.9 million secured convertible notes with Core.

NFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says

CoinDesk

2022. Dec. 30. 18:26

NFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says NFT artist Ovie Faruq, also known as OSF, says the hybrid asset will bounce back in time but the Federal Reserve will need to lower interest rates.

5 Lessons from 2022 that Changed Crypto Forever

CoinDesk

2022. Dec. 30. 17:51

5 Lessons from 2022 that Changed Crypto Forever Yes, this is that classic newsroom fallback for staff-depleted holiday periods: the year-in-review listicle. But whereas in other years that might seem a little dull, a cop-out even, this one is different. This time we’re talking about 2022, the year that changed crypto forever.

FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Are Not Property of FTX Estate

CoinDesk

2022. Dec. 30. 17:17

FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Are Not Property of FTX Estate Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are customer property – not property of the FTX estate.

FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren't Property of FTX Estate

CoinDesk

2022. Dec. 30. 17:17

FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren't Property of FTX Estate Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are customer property – not property of the FTX estate.

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget

CoinDesk

2022. Dec. 30. 15:42

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget Italian Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes.

Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit

CoinDesk

2022. Dec. 30. 15:02

Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit The group says it’s retrieved all the funds after offering a bounty to the hacker.

FTX Japan to Allow Customers to Withdraw Funds Starting in Mid-February

CoinDesk

2022. Dec. 30. 14:58

FTX Japan to Allow Customers to Withdraw Funds Starting in Mid-February The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.

FTX Japan to Allow Customers to Withdraw Funds Starting in February

CoinDesk

2022. Dec. 30. 14:58

FTX Japan to Allow Customers to Withdraw Funds Starting in February The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.

Why DAOs Need to Adopt a Two-Treasury System

CoinDesk

2022. Dec. 30. 14:16

Why DAOs Need to Adopt a Two-Treasury System Blockchain infrastructure companies are trying to solve two complex and expensive problems: building sustainable protocols and dynamic ecosystems.

Why DAOs Need to Adopt a 2-Treasury System

CoinDesk

2022. Dec. 30. 14:16

Why DAOs Need to Adopt a 2-Treasury System Blockchain infrastructure companies are trying to solve two complex and expensive problems: building sustainable protocols and dynamic ecosystems.

First Mover Americas: Cathie Wood 'Bargain Hunts' Coinbase

CoinDesk

2022. Dec. 30. 13:08

First Mover Americas: Cathie Wood 'Bargain Hunts' Coinbase The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 30, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets

CoinDesk

2022. Dec. 30. 06:35

Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets Concerns over the security of assets in FTX custody prompted the Bahamian regulator to step in, a statement says.

Despite the Frost of Crypto Winter, The Wrapture Holders Kept Their Cool

CoinDesk

2022. Dec. 30. 05:09

Despite the Frost of Crypto Winter, The Wrapture Holders Kept Their Cool Dmitri Cherniak's art project-meets-social experiment The Wrapture showed the power of social coordination and trust within the NFT space in the face of market uncertainty.

Cathie Wood Continues Buying Coinbase's Dip With $5 Million Stock Purchase

CoinDesk

2022. Dec. 30. 03:57

Cathie Wood Continues Buying Coinbase's Dip With $5 Million Stock Purchase ARK's Fintech Innovation ETF adds 158,000 shares of COIN to its holdings as stock hits an all-time low.

Cathie Wood Buys More Coinbase Shares on the Cheap

CoinDesk

2022. Dec. 30. 03:57

Cathie Wood Buys More Coinbase Shares on the Cheap ARK's Fintech Innovation ETF adds 158,000 shares of COIN to its holdings as stock hits an all-time low.

Solana Token Rebounds off Thursday Lows as Buterin Tweets Support

CoinDesk

2022. Dec. 30. 02:04

Solana Token Rebounds off Thursday Lows as Buterin Tweets Support But the “Sam coin” is still down nearly 95% this year.

Solana Price Rebounds as Ethereum's Buterin Tweets Support

CoinDesk

2022. Dec. 30. 02:04

Solana Price Rebounds as Ethereum's Buterin Tweets Support But the “Sam coin” is still down nearly 95% this year.

First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research Head

CoinDesk

2022. Dec. 30. 00:58

First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research Head Mark Connors sees a rebound in digital prices by the third quarter and companies increasing their involvement in developing regulation. ALSO: Bitcoin would just assume forget acquaintances auld and new to 2022.

FBI Investigating 3Commas Data Breach

CoinDesk

2022. Dec. 29. 23:48

FBI Investigating 3Commas Data Breach This week, an anonymous hacker leaked 100,000 API keys connected to the crypto trading service.

Bitcoin, Ether Did Better Than You Think in 2022

CoinDesk

2022. Dec. 29. 19:19

Bitcoin, Ether Did Better Than You Think in 2022 CoinDesk research shows that per unit of risk, bitcoin and ether performed significantly better than bonds and had similar results to equities in 2022.

Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin

CoinDesk

2022. Dec. 29. 18:52

Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin.

It’s Been a Year Since NFTs Exploded. Where Are We Headed?

CoinDesk

2022. Dec. 29. 18:36

It’s Been a Year Since NFTs Exploded. Where Are We Headed? For NFT collectors and creators, this past year marked noticeable changes within the market. From utility to community building, here are just a few trends that will push the space forward in 2023.

DeFi Platforms Need to Beef Up Security, Former Prosecutor Says

CoinDesk

2022. Dec. 29. 16:58

DeFi Platforms Need to Beef Up Security, Former Prosecutor Says Ari Redbord, currently TRM Labs head of legal and government affairs, says cracking down on hacks in crypto will require hardening cyber defenses.

Turkish Central Bank Runs First CBDC Tests

CoinDesk

2022. Dec. 29. 16:17

Turkish Central Bank Runs First CBDC Tests The monetary authority said it will conduct further trials in the first quarter of 2023.

How Tether Can Be a More Stable Stablecoin

CoinDesk

2022. Dec. 29. 16:11

How Tether Can Be a More Stable Stablecoin Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?

Making Comprehensive Crypto Policy Out of Regulatory Patchwork

CoinDesk

2022. Dec. 29. 15:00

Making Comprehensive Crypto Policy Out of Regulatory Patchwork Suggestions that the CFTC is the crypto industry’s “regulator of choice” and more susceptible to capture do not hold up, according to former CFTC Director of Enforcement Aitan Goelman.

Bitcoin Miner Bitfarms' CEO Exits; COO Will Replace

CoinDesk

2022. Dec. 29. 14:43

Bitcoin Miner Bitfarms' CEO Exits; COO Will Replace Co-founder Emiliano Grodzki resigned as CEO but will remain a director.

Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO

CoinDesk

2022. Dec. 29. 14:43

Bitcoin Miner Bitfarms' CEO Resigns and Is Replaced by COO Co-founder Emiliano Grodzki resigned as CEO but will remain a director.

No, Advisors, Crypto Is Not a Ponzi Scheme

CoinDesk

2022. Dec. 29. 13:45

No, Advisors, Crypto Is Not a Ponzi Scheme While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes.

First Mover Americas: Gemini Sued Over Interest-Earning Product

CoinDesk

2022. Dec. 29. 13:09

First Mover Americas: Gemini Sued Over Interest-Earning Product The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat

CoinDesk

2022. Dec. 29. 09:42

Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat Solana (SOL) dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.

Alameda Research Liquidated Ether-Based Token Holdings for Bitcoin in Past 24 Hours, On-Chain Data Shows

CoinDesk

2022. Dec. 29. 06:40

Alameda Research Liquidated Ether-Based Token Holdings for Bitcoin in Past 24 Hours, On-Chain Data Shows The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail.

Alameda Research Liquidates Ethereum-Based Token Holdings for Bitcoin

CoinDesk

2022. Dec. 29. 06:40

Alameda Research Liquidates Ethereum-Based Token Holdings for Bitcoin The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail.

First Mover Asia: Bitcoin Retreats Further Into the Gloom

CoinDesk

2022. Dec. 29. 00:01

First Mover Asia: Bitcoin Retreats Further Into the Gloom The largest crypto by market capitalization dropped below $16.5K at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances, and FTX tops the list.

China to Launch First National ‘Digital Asset’ Marketplace

CoinDesk

2022. Dec. 28. 20:56

China to Launch First National ‘Digital Asset’ Marketplace While trading digital collectibles has been popular amongst Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs.

Anonymous Twitter User Leaks Alleged 3Commas API Database

CoinDesk

2022. Dec. 28. 19:53

Anonymous Twitter User Leaks Alleged 3Commas API Database The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.

Anonymous Twitter User Leaks 3Commas API Database

CoinDesk

2022. Dec. 28. 19:53

Anonymous Twitter User Leaks 3Commas API Database The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.

Digital Dollar Will Come Eventually, Lobbyist Says

CoinDesk

2022. Dec. 28. 18:58

Digital Dollar Will Come Eventually, Lobbyist Says Michael Greco, policy research director at the Digital Dollar Project (DDP) and Josh Lipsky, senior director of the Atlantic Council’s GeoEconomic Center, discuss why the development of a central bank digital currency in the U.S. may only be a matter of time.

Digital Dollar Will Come Eventually, Expert Says

CoinDesk

2022. Dec. 28. 18:58

Digital Dollar Will Come Eventually, Expert Says Michael Greco, policy research director at the Digital Dollar Project (DDP) and Josh Lipsky, senior director of the Atlantic Council’s GeoEconomic Center, discuss why the development of a central bank digital currency in the U.S. may only be a matter of time.

Why Solana Was Decimated by Bankman-Fried’s Downfall

CoinDesk

2022. Dec. 28. 17:45

Why Solana Was Decimated by Bankman-Fried’s Downfall Here are the headwinds facing the formerly hot, venture capital-backed blockchain project.

The Next Wave of Institutional Digital Asset Adoption

CoinDesk

2022. Dec. 28. 15:15

The Next Wave of Institutional Digital Asset Adoption Once you build decentralized access control, the decentralized world of Web3 and the traditional world of finance can finally be brought together.

FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings

CoinDesk

2022. Dec. 28. 14:28

FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings The class action lawsuit accuses the bankrupt crypto exchange of misappropriating user funds.

How Web3 Helps People Take Control of Their Digital Identity

CoinDesk

2022. Dec. 28. 14:10

How Web3 Helps People Take Control of Their Digital Identity Unstoppable Domain’s vice president Sandy Carter lays out the case for decentralized identities.

Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program

CoinDesk

2022. Dec. 28. 13:24

Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program Investors say the platform was offering interest-earning crypto through its Gemini Earn program without registering those assets as securities in accordance with U.S. securities law.

Michael Saylor's MicroStrategy Adds Another 2,500 Bitcoin for Nearly $45M

CoinDesk

2022. Dec. 28. 13:18

Michael Saylor's MicroStrategy Adds Another 2,500 Bitcoin for Nearly $45M Technology company MicroStrategy has added to its bitcoin stockpile, purchasing approximately 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21.

MicroStrategy Added 2,500 Bitcoins for $45M in Last 2 Months

CoinDesk

2022. Dec. 28. 13:18

MicroStrategy Added 2,500 Bitcoins for $45M in Last 2 Months Technology company MicroStrategy has added to its bitcoin stockpile, purchasing approximately 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21.

First Mover Americas: Sunset for Kraken in Japan

CoinDesk

2022. Dec. 28. 13:05

First Mover Americas: Sunset for Kraken in Japan The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 28, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ethereum’s 2022 in Review: The Merge, MEV and Mayhem

CoinDesk

2022. Dec. 28. 12:25

Ethereum’s 2022 in Review: The Merge, MEV and Mayhem Ethereum’s year was marked by reductions to energy costs and improved scalability, but it was also racked by hacks and “censorship.”

Crypto Exchange Kraken to End Japan Operations

CoinDesk

2022. Dec. 28. 09:44

Crypto Exchange Kraken to End Japan Operations Cryptocurrency exchange Kraken said it will exit the Japanese market and de-register from the Financial Services Agency (JFSA) as of Jan. 31, 2023.

Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy

CoinDesk

2022. Dec. 28. 07:00

Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy  Galaxy will also loan $35 million to Argo as part of the deal.

Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital

CoinDesk

2022. Dec. 28. 07:00

Bitcoin Miner Argo Blockchain Will Avoid Bankruptcy With $100M Bailout From Novogratz’s Galaxy Digital  Galaxy will also loan $35 million to Argo as part of the deal.

First Mover Asia: Bitcoin Drifts Lower as Crypto Winter Continues

CoinDesk

2022. Dec. 28. 00:21

First Mover Asia: Bitcoin Drifts Lower as Crypto Winter Continues ALSO: CoinDesk Columnist David Z. Morris' early soothsaying about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX; bitcoin drifts toward $16.7K.

Crypto Investment Firm Midas Shutting Down Platform Following Losses

CoinDesk

2022. Dec. 27. 23:03

Crypto Investment Firm Midas Shutting Down Platform Following Losses The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.

Mango Markets Exploiter Eisenberg Arrested in Puerto Rico

CoinDesk

2022. Dec. 27. 23:01

Mango Markets Exploiter Eisenberg Arrested in Puerto Rico Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.

Pudgy Penguins NFTs Break All-Time Highs With Holiday Rally

CoinDesk

2022. Dec. 27. 21:59

Pudgy Penguins NFTs Break All-Time Highs With Holiday Rally Pudgy Penguins NFT collection is setting new heights. The rising tide is lifting associated projects, too.

Ellison and Wang Are ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says

CoinDesk

2022. Dec. 27. 18:40

Ellison and Wang Are ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says Ian McGinley, a partner at global law firm Akin Gump, discusses why the guilty pleas made by Caroline Ellison and Gary Wang may influence the disgraced CEO’s next day in court.

Ellison and Wang Will Be ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says

CoinDesk

2022. Dec. 27. 18:40

Ellison and Wang Will Be ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says Ian McGinley, a partner at global law firm Akin Gump, discusses why the guilty pleas made by Caroline Ellison and Gary Wang may influence the disgraced CEO’s next day in court.

Justice Department Launches Criminal Probe Into $400M FTX Hack: Bloomberg

CoinDesk

2022. Dec. 27. 18:12

Justice Department Launches Criminal Probe Into $400M FTX Hack: Bloomberg The U.S. Department of Justice (DOJ) has reportedly launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.

New Judge Assigned in Sam Bankman-Fried Fraud Case

CoinDesk

2022. Dec. 27. 16:56

New Judge Assigned in Sam Bankman-Fried Fraud Case Judge Lewis Kaplan has replaced Judge Ronnie Abrams, who recused herself because of a potential conflict of interest.

FTX's Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares

CoinDesk

2022. Dec. 27. 16:14

FTX's Sam Bankman-Fried Borrowed From Alameda to Buy Robinhood Shares Sam Bankman-Fried said in an affidavit he bought Robinhood shares with funds borrowed from Alameda. The admission throws a wrinkle into a lawsuit from crypto lender BlockFi, which says it was promised the shares as collateral against a loan taken out by Alameda.

Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token

CoinDesk

2022. Dec. 27. 14:59

Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token DeFi stablecoin exchange Mercurial is going to relaunch as Meteora and rebalance its tokenomics.

DeFi Is the Way Forward, but It Needs to Evolve

CoinDesk

2022. Dec. 27. 14:37

DeFi Is the Way Forward, but It Needs to Evolve The technical foundation of DeFi has proven to be incredibly resilient to the catastrophic market events of the last few months. The opportunity for building a new generation of financial services on DeFi rails has never been bigger, but the space needs to address some notable challenges.

Japan Plans to Allow Local Listing of 'Foreign' Stablecoins: Nikkei

CoinDesk

2022. Dec. 27. 14:27

Japan Plans to Allow Local Listing of 'Foreign' Stablecoins: Nikkei The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023.

Japan Plans to Allow Local Listing of 'Foreign' Stablecoins Such as USDT and USDC: Nikkei

CoinDesk

2022. Dec. 27. 14:27

Japan Plans to Allow Local Listing of 'Foreign' Stablecoins Such as USDT and USDC: Nikkei The Financial Services Agency is seeking feedback on new stablecoin regulations set to take effect in 2023.

The Voice of Layer 1s Is Needed in Washington

CoinDesk

2022. Dec. 27. 14:12

The Voice of Layer 1s Is Needed in Washington Industry leading layer 1 blockchains must collaborate on policy engagement, delivering a uniform message that regulatory clarity is needed beyond Bitcoin and Ethereum.

The Psychological Differences Between Bitcoin and Ethereum Governance

CoinDesk

2022. Dec. 27. 14:08

The Psychological Differences Between Bitcoin and Ethereum Governance An attempt to bridge the gap between good-faith advocates of both networks and show how the two largest crypto networks’ development processes matter for long-term success.

Argo Blockchain Suspends Trading in US Shares for 24 Hours

CoinDesk

2022. Dec. 27. 12:06

Argo Blockchain Suspends Trading in US Shares for 24 Hours The company said earlier this month it was close to restructuring without having to declare bankruptcy.

Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer

CoinDesk

2022. Dec. 27. 10:22

Crypto Lender Nexo Canvasses Vauld Creditors Directly With Final Takeover Offer In an open letter, the firm said earlier offers were misrepresented and it wanted to deal directly.

First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K

CoinDesk

2022. Dec. 26. 23:52

First Mover Asia: Bitcoin Ho Ho Holds Near $16.9K Bitcoin held steady throughout the Christmas holiday weekend at about $16.9K; most other major cryptos were flat, although tinted more green than red. Also: CoinDesk columnist David Z. Morris considers an upside to this year's various crypto industry debacles.

Solana’s Top NFT Projects DeGods and Y00ts to Migrate Chains

CoinDesk

2022. Dec. 26. 21:33

Solana’s Top NFT Projects DeGods and Y00ts to Migrate Chains DeGods will bridge over to Ethereum while its sister project Y00ts will move to Polygon with a grant from the layer 2's partnership fund.

Defrost Finance Says Hacked Funds Have Been Returned

CoinDesk

2022. Dec. 26. 15:20

Defrost Finance Says Hacked Funds Have Been Returned The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.

Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo

CoinDesk

2022. Dec. 26. 12:58

Crypto Lender Vauld Calls Off Potential Acquisition by Rival Nexo The two started negotiations earlier this year and signed an initial agreement in July.

Bitcoin Miners Powered Off as Winter Storm Battered North America

CoinDesk

2022. Dec. 26. 10:54

Bitcoin Miners Powered Off as Winter Storm Battered North America Computing power on the Bitcoin network dropped about 40% over the weekend.

Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull

CoinDesk

2022. Dec. 25. 21:50

Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull The total value of funds locked on the protocol had dropped to less $93,000 on Dec. 25 from about $13 million, Defi Llama data show.

Five Crypto Things That Riled Me Up in 2022

CoinDesk

2022. Dec. 25. 15:30

Five Crypto Things That Riled Me Up in 2022 The FTX fraud, the Three Arrows Capital collapse, bitcoin maximalist rhetoric, centralized blockchains and privacy deniers, haters and destroyers were just a handful of the things that irritated CoinDesk research associate George Kaloudis in 2022.

5 Crypto Things That Riled Me Up in 2022

CoinDesk

2022. Dec. 25. 15:30

5 Crypto Things That Riled Me Up in 2022 The FTX fraud, the Three Arrows Capital collapse, bitcoin maximalist rhetoric, centralized blockchains and privacy deniers, haters and destroyers were just a handful of the things that irritated CoinDesk research associate George Kaloudis in 2022.

Crypto Markets Today: Bitcoin Ends Penultimate Week of (Awful) 2022 on Quiet Note

CoinDesk

2022. Dec. 23. 21:55

Crypto Markets Today: Bitcoin Ends Penultimate Week of (Awful) 2022 on Quiet Note A year of steep declines in crypto markets brought another unwanted element – a dramatic increase in scams including “rug pulls.”

Binance Failing to Get US Exchange Listings for BNB Is Yellow Flag for Crypto Analysts

CoinDesk

2022. Dec. 23. 21:14

Binance Failing to Get US Exchange Listings for BNB Is Yellow Flag for Crypto Analysts Despite being one of the biggest cryptocurrencies, with a market capitalization around $40 billion, Binance’s BNB token has failed to win a listing on any major U.S. crypto exchanges, aside from Binance.US. Some analysts are now looking at whether that’s a yellow flag.

Blockware Customer Accuses Bitcoin Mining Firm of Fraud

CoinDesk

2022. Dec. 23. 21:06

Blockware Customer Accuses Bitcoin Mining Firm of Fraud Lawsuit seeks at least $250,000 of damages.

Blockware Solutions Customer Accuses Bitcoin Mining Firm of Fraud

CoinDesk

2022. Dec. 23. 21:06

Blockware Solutions Customer Accuses Bitcoin Mining Firm of Fraud Lawsuit seeks at least $250,000 of damages.

Brazil’s Securities Regulator Allows Investment Funds to Invest in Crypto

CoinDesk

2022. Dec. 23. 20:32

Brazil’s Securities Regulator Allows Investment Funds to Invest in Crypto Assets will have to comply with current regulations approved this week by the country’s outgoing President Jair Bolsonaro.

Greed, Lies and FTX: Is Crypto a Force for Good or Evil?

CoinDesk

2022. Dec. 23. 19:48

Greed, Lies and FTX: Is Crypto a Force for Good or Evil? Despite the headlines, the industry still has a lot to offer the world, says the Giving Block's Pat Duffy.

Crypto Adds Unsavory Footnote to Dreadful 2022: Year of the Rug Pull

CoinDesk

2022. Dec. 23. 19:45

Crypto Adds Unsavory Footnote to Dreadful 2022: Year of the Rug Pull Fraudsters deployed over 117,000 scam tokens from January through Dec. 1, a 41% increase over the full 2021, according to study from Solidus Labs.

2023: The Year of Regulation vs. Decentralization

CoinDesk

2022. Dec. 23. 19:33

2023: The Year of Regulation vs. Decentralization Crypto regulation remains a dark forest. In the year ahead, the SEC and CFTC will likely push the boundaries of their existing authorities through novel enforcement actions, says attorney Mike Selig.

Over $30B of NFT Trading Volume on Ethereum is Wash Trading, Research Suggests

CoinDesk

2022. Dec. 23. 18:58

Over $30B of NFT Trading Volume on Ethereum is Wash Trading, Research Suggests According to a report based on data pulled through Dune Analytics, the shady trades accounted for over half of the total NFT trade volumes in 2022, and nearly 45% of all-time NFT volume.

Mythical Games Sues Former Executives for Secretly Raising $150M for New Firm

CoinDesk

2022. Dec. 23. 18:20

Mythical Games Sues Former Executives for Secretly Raising $150M for New Firm The Web3 gaming studio alleges that the former executives, who departed the firm in November, used knowledge gained from raising funds for Mythical to acquire capital for their new firm, Fenix Games.

The End of Crypto Twitter as We Know It?

CoinDesk

2022. Dec. 23. 15:55

The End of Crypto Twitter as We Know It? An impending departure of millions of users from Twitter could threaten the platform's diversity of viewpoints and force crypto enthusiasts to fully adopt decentralized Web3 social media.

Craig Wright Can Appeal Satoshi Defamation Finding, Norwegian Court Rules

CoinDesk

2022. Dec. 23. 15:44

Craig Wright Can Appeal Satoshi Defamation Finding, Norwegian Court Rules Claims by Twitter user Hodlonaut that Craig Wright is a “fraud” and “scammer” for claiming to found bitcoin will come under a judicial gaze once more

DeFi Derivatives Trading Has Untapped Potential

CoinDesk

2022. Dec. 23. 14:34

DeFi Derivatives Trading Has Untapped Potential If we learn to read the markets, make smart use of the data at our disposal and overcome a few speed bumps along the way, options will certainly drive the next era of DeFi to higher highs than ever before.

International Chess Federation Checks Into Web3 With Avalanche Integration

CoinDesk

2022. Dec. 23. 14:00

International Chess Federation Checks Into Web3 With Avalanche Integration The global chess authority is looking to onboard the game’s 500 million players into Web3 with the new partnership.

Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023

CoinDesk

2022. Dec. 23. 13:44

Crypto Funding Plunged in 2022, but VC Head Sees Areas of Opportunity for 2023 CoinFund’s David Pakman talks FTX, DeFi and the way forward.

First Mover Americas: SEC Scrutnizes Crypto Audits; SBF Gets Bail

CoinDesk

2022. Dec. 23. 13:40

First Mover Americas: SEC Scrutnizes Crypto Audits; SBF Gets Bail The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 23, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam

CoinDesk

2022. Dec. 23. 10:58

Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam Law enforcement authorities in Italy and Albania have busted a cryptocurrency investment scam worth 15 million euros ($15.91 million).

OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication

CoinDesk

2022. Dec. 23. 09:04

OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication Users can now view and download the old and new reserve ratios and assess the exchange's health and the safety of their assets.

SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ

CoinDesk

2022. Dec. 23. 08:56

SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ The US Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies and warning both investors and audit firms, WSJ reported.

QuadrigaCX Has Had an Improbable Week

CoinDesk

2022. Dec. 23. 08:41

QuadrigaCX Has Had an Improbable Week Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.

First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall

CoinDesk

2022. Dec. 23. 04:25

First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer.

First Mover Asia: Bitcoin, Ether Hold as US Stocks Fall

CoinDesk

2022. Dec. 23. 04:25

First Mover Asia: Bitcoin, Ether Hold as US Stocks Fall Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer.

Ransomware Payouts Declined in 2022: Crystal Blockchain

CoinDesk

2022. Dec. 22. 22:42

Ransomware Payouts Declined in 2022: Crystal Blockchain Victims of ransomware attacks paid hackers 4.5 times less in crypto in 2022 than in 2021, according to a new report.

The Final Word on Decentraland’s Numbers

CoinDesk

2022. Dec. 22. 22:12

The Final Word on Decentraland’s Numbers Metaverse platforms present a challenge of sorting bots from real people, and then even real people can be inactive or AFK, short for “away from keyboard” for hours, days, even weeks. One way to filter out bots is to filter users by those with NFTs, which also weeds out “tourists” who pop in for a quick look and leave without meaningful interaction. In addition, it can be argued that those users with NFTs matter the most, as in a Web3 metaverse like Decentraland, users with NFTs such as ones that denote ownership of real estate in Decentraland (LAND) or wearable items that unlock some of the more popular experiences like ICE poker are the ones who are most active in the platform, and certainly are the most valuable to the ecosystem’s success.

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bail

CoinDesk

2022. Dec. 22. 22:09

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bail Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bond

CoinDesk

2022. Dec. 22. 22:09

Crypto Markets Today: Federal Judge Releases Bankman-Fried on $250M Bond Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin Protocol Development Steadily Progressing Despite Only 40-60 Monthly Active Developers: NYDIG

CoinDesk

2022. Dec. 22. 21:31

Bitcoin Protocol Development Steadily Progressing Despite Only 40-60 Monthly Active Developers: NYDIG The report was written by Bitcoin-focused investment firm, New York Digital Investment Group

Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal

CoinDesk

2022. Dec. 22. 21:26

Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal Far Peak Acquisition and Bullish first agreed to a merger in July 2021.

5 Digital Economy Predictions for 2023

CoinDesk

2022. Dec. 22. 21:06

5 Digital Economy Predictions for 2023 2023 is the year crypto will have to grow up and clean up its act. Here are predictions regarding the future of NFTs, the metaverse, CBDCs and institutional investments.

Craig Wright Signals He's Given Up On Convincing Courts He Invented Bitcoin

CoinDesk

2022. Dec. 22. 19:43

Craig Wright Signals He's Given Up On Convincing Courts He Invented Bitcoin Six years after he first claimed to be the true identity behind Satoshi Nakamoto, the Australian computer scientist tweeted, “I have been too angry for too long.”

Craig Wright Signals He's Given Up Convincing Courts He Invented Bitcoin

CoinDesk

2022. Dec. 22. 19:43

Craig Wright Signals He's Given Up Convincing Courts He Invented Bitcoin Six years after he first claimed to be Satoshi Nakamoto, the Australian computer scientist tweeted, “I have been too angry for too long.”

Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie

CoinDesk

2022. Dec. 22. 19:13

Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.

Aave DAO Votes to Integrate Chainlink Proof-of-Reserves to Tighten Network Security

CoinDesk

2022. Dec. 22. 19:03

Aave DAO Votes to Integrate Chainlink Proof-of-Reserves to Tighten Network Security Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.

Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security

CoinDesk

2022. Dec. 22. 19:03

Aave DAO Votes to Integrate Chainlink Proof of Reserves to Tighten Network Security Although the decentralized lending protocol’s data is inherently on-chain, introducing Chainlink’s PoR would help mitigate the risk of attacks on the Aave protocol.

Sam Bankman-Fried Released on $250M Bail Secured by Parents

CoinDesk

2022. Dec. 22. 18:47

Sam Bankman-Fried Released on $250M Bail Secured by Parents Former FTX CEO Sam Bankman-Fried appeared in U.S. federal court Thursday on charges that he was the mastermind behind the fraud and illicit movement of customer funds inside his former crypto empire, and a judge agreed that he can be released on $250 million bail.

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults

CoinDesk

2022. Dec. 22. 18:39

Crypto Firm Orthogonal Trading Said to Be in Provisional Liquidation After Maple Defaults Orthogonal defaulted on $36 million of loans on decentralized finance (DeFi) protocol Maple Finance earlier this month after it misrepresented its losses from the FTX implosion.

FTX Investors’ Loss Is Wall Street Lawyers’ Gain

CoinDesk

2022. Dec. 22. 17:57

FTX Investors’ Loss Is Wall Street Lawyers’ Gain Professionals are charging upwards of $2,000 hourly wages against $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s empire

Guggenheim's Scott Minerd, Fickle Bitcoin Forecaster, Dies After Heart Attack

CoinDesk

2022. Dec. 22. 16:39

Guggenheim's Scott Minerd, Fickle Bitcoin Forecaster, Dies After Heart Attack Among Wall Street financiers, Minerd was known for his extreme predictions of the largest cryptocurrency's price, often with mixed success.

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable

CoinDesk

2022. Dec. 22. 15:18

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.

Brazil’s President Signs Crypto Regulations Into Law

CoinDesk

2022. Dec. 22. 15:01

Brazil’s President Signs Crypto Regulations Into Law Companies in the sector will have 180 days to adapt to the new rules.

The Loyalty Revolution

CoinDesk

2022. Dec. 22. 14:48

The Loyalty Revolution Because current loyalty programs operate within closed systems, many of them don’t create loyalty as much as captivity. Blockchains make alternative systems possible, where both brands and consumers can share bigger pieces of a larger pie.

Brand Building On-Chain: Why Marketers Are Shifting Investment Into Web3

CoinDesk

2022. Dec. 22. 14:45

Brand Building On-Chain: Why Marketers Are Shifting Investment Into Web3 2022 was a year of upheaval in crypto. It also marked a turning point for advertisers.

2023 Should Be the Year of On-Chain User Security

CoinDesk

2022. Dec. 22. 14:43

2023 Should Be the Year of On-Chain User Security If crypto does not get its house in order, regulators will do it for them.

First Mover Americas: FTT Token at Center of New US Charges in FTX Case

CoinDesk

2022. Dec. 22. 13:53

First Mover Americas: FTT Token at Center of New US Charges in FTX Case The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors

CoinDesk

2022. Dec. 22. 13:49

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors Decisions to recommend bitcoin should depend on an advisor's crypto competency and a client’s personal/financial circumstances, the CFP Board’s notice says.

FTX Creditors Hire Law Firm Paul Hastings as Representation

CoinDesk

2022. Dec. 22. 12:48

FTX Creditors Hire Law Firm Paul Hastings as Representation Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings.

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin

CoinDesk

2022. Dec. 22. 12:48

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility.

British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations

CoinDesk

2022. Dec. 22. 11:29

British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.

Twitter Adds Crypto, Stock Prices in Search Results

CoinDesk

2022. Dec. 22. 11:12

Twitter Adds Crypto, Stock Prices in Search Results Social media platform Twitter has integrated cryptocurrency prices into its search results with a TradingView plug-in.

FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg

CoinDesk

2022. Dec. 22. 09:23

FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday.

Bitcoin Is Leading Indicator for S&P 500, Past Data Show

CoinDesk

2022. Dec. 22. 07:35

Bitcoin Is Leading Indicator for S&P 500, Past Data Show The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows.

Bitcoin Is Leading Indicator for S&P 500, Past Data Shows

CoinDesk

2022. Dec. 22. 07:35

Bitcoin Is Leading Indicator for S&P 500, Past Data Shows The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows.

Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets

CoinDesk

2022. Dec. 22. 06:29

Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.

SEC Calls FTT Exchange Token a Security

CoinDesk

2022. Dec. 22. 04:25

SEC Calls FTT Exchange Token a Security Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

SEC Calls FTT Exchange Token a Security

CoinDesk

2022. Dec. 22. 03:19

SEC Calls FTT Exchange Token a Security Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to 'Fraud' Charges

CoinDesk

2022. Dec. 22. 02:17

Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to 'Fraud' Charges U.S. Attorney Damian Williams announced Wednesday that Caroline Ellison and Gary Wang pleaded guilty to charges tied to FTX's collapse.

Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ 'Fraud' Charges, Also Settle With SEC, CFTC

CoinDesk

2022. Dec. 22. 02:17

Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ 'Fraud' Charges, Also Settle With SEC, CFTC U.S. Attorney Damian Williams announced Wednesday that Caroline Ellison and Gary Wang pleaded guilty to charges tied to FTX's collapse.

First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.

CoinDesk

2022. Dec. 22. 01:58

First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves. Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance.

Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says

CoinDesk

2022. Dec. 21. 22:26

Sam Bankman-Fried Is Being Extradited Wednesday, Bahamas Attorney General Says Bahamas Attorney General Ryan Pinder announced that Sam Bankman-Fried was being extradited to the U.S. "tonight" in a Wednesday statement.

How Regenerative Finance Is Bringing Sustainability to Crypto

CoinDesk

2022. Dec. 21. 22:23

How Regenerative Finance Is Bringing Sustainability to Crypto As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value.

Inside Core Scientific’s Prearranged Bankruptcy

CoinDesk

2022. Dec. 21. 22:17

Inside Core Scientific’s Prearranged Bankruptcy The world’s biggest publicly traded crypto miner filed for Chapter 11 protection today.

Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold

CoinDesk

2022. Dec. 21. 22:07

Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement

CoinDesk

2022. Dec. 21. 22:03

One of Crypto’s Favorite US Senators Drops Swan-Song Bill on Eve of Retirement Crypto ally U.S. Sen. Pat Toomey (R-Pa.) used one of his final days in office to send a last legislative message on regulating stablecoins.

Uniswap DAO Community Members Vote in Favor of New Governance Process

CoinDesk

2022. Dec. 21. 21:07

Uniswap DAO Community Members Vote in Favor of New Governance Process After a week-long vote that ended Wednesday, TKTK percent were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.

There's Less Money in Crypto, and That's a Good Thing

CoinDesk

2022. Dec. 21. 20:50

There's Less Money in Crypto, and That's a Good Thing Crypto’s boom and bust were driven by the same plague that has turned the entire finance industry into a shady casino. So it’s no tragedy if the speculators take a break in 2023.

DeFi Project Popsicle’s ICE Token Triples As Controversial Wonderland Founder Returns

CoinDesk

2022. Dec. 21. 20:48

DeFi Project Popsicle’s ICE Token Triples As Controversial Wonderland Founder Returns The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli unveiling his return to rebuild the project.

See You on the Otherside: How Yuga Labs Is Bringing Its Billion-Dollar Business Into the Metaverse

CoinDesk

2022. Dec. 21. 20:43

See You on the Otherside: How Yuga Labs Is Bringing Its Billion-Dollar Business Into the Metaverse Greg Solano and Wylie Aronow certainly didn't set out to create one of the most successful NFT projects to date and build a $4 billion empire in just under two years. Now, with a dedicated community of collectors supporting them, they're setting their sights on the metaverse.

Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce

CoinDesk

2022. Dec. 21. 19:44

Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce The largest cryptocurrency by market capitalization has been moving sideways in a range between $16,700 and $16,900 in the past 24 hours as traders grappled with an uncertain market outlook for next year.

Self-Custody Is the Antidote to FTX’s Fraud

CoinDesk

2022. Dec. 21. 19:44

Self-Custody Is the Antidote to FTX’s Fraud And Senator Warren’s proposed bill would make transacting with self-hosted wallets much more difficult, says Representative Warren Davidson.

Bernie Madoff’s Lawyer: Sam Bankman-Fried Should ‘Shut Up’

CoinDesk

2022. Dec. 21. 18:28

Bernie Madoff’s Lawyer: Sam Bankman-Fried Should ‘Shut Up’ Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection.

Sam Bankman-Fried to be Extradited to the US

CoinDesk

2022. Dec. 21. 17:33

Sam Bankman-Fried to be Extradited to the US A judge on Wednesday approved the former FTX CEO's agreement not to contest extradition.

Metaverse-First Blockchain Lamina1 Launches Rolling Fund for Web3 Builders

CoinDesk

2022. Dec. 21. 17:00

Metaverse-First Blockchain Lamina1 Launches Rolling Fund for Web3 Builders The Layer 1 blockchain is the brainchild of Neal Stephenson, who coined the term "metaverse" in 1992, and Peter Vessenes, co-founder of the Bitcoin Foundation. The project will also soon launch a testnet showcasing future use cases.

Craig Wright v. Peter McCormack: Judge Rules McCormack Should Pay Around $1.1M in Costs

CoinDesk

2022. Dec. 21. 16:56

Craig Wright v. Peter McCormack: Judge Rules McCormack Should Pay Around $1.1M in Costs Wright had argued that McCormack should pay the majority of costs for the legal proceedings, but then accepted to pay all McCormack's costs save for those ruled in Wright's favor.

Another Crypto.com Ad Banned by UK Advertising Regulator

CoinDesk

2022. Dec. 21. 16:10

Another Crypto.com Ad Banned by UK Advertising Regulator The company also came under fire from the Advertising Standards Authority in January.

DeFi’s Difficult Governance Decisions Lie Ahead

CoinDesk

2022. Dec. 21. 16:06

DeFi’s Difficult Governance Decisions Lie Ahead Decentralization was proven to be DeFi’s saving grace this year. Shouldn’t protocol governance also be as decentralized as possible?

How Crypto Exchanges Can Be Free of Risk

CoinDesk

2022. Dec. 21. 16:02

How Crypto Exchanges Can Be Free of Risk Crypto marketplaces such as FTX have caused huge losses to users because of the lack of full custody coverage. These issues stem from the way current electronic markets were simply designed as copies of open outcry and paper-based markets – and also, ironically, from the fact that all the major crypto markets were built in a centralized manner.

DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit

CoinDesk

2022. Dec. 21. 15:56

DeFi Protocol Ankr Says Ex-Employee Caused $5M Exploit A former employee of DeFi protocol Ankr maliciously caused a $5 million exploit earlier this month, according to a blog post published on Ankr's website.

The Next Generation of Automated Settlement

CoinDesk

2022. Dec. 21. 15:51

The Next Generation of Automated Settlement We have elaborated the circuitry of DeFi, and must now realize its potential to replace the oil lamps, hand cranks and steam engines of the present financial landscapes.

Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review

CoinDesk

2022. Dec. 21. 14:00

Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review A deliberately measured progression in development with at least 3 major themes is the conclusion of the Bitcoin Operations Technology Group.

Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading

CoinDesk

2022. Dec. 21. 13:51

Waves Blockchain Founder Asks Exchanges to Delist WAVES Token Derivative Trading Sasha Ivanov, the founder of decentralized blockchain Waves, has asked centralized exchanges to deactivate futures markets tied to its native WAVES token.

Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform

CoinDesk

2022. Dec. 21. 13:19

Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform Peer-to-peer bitcoin (BTC) marketplace Paxful has removed ether (ETH) from its platform, with CEO Ray Youssef describing it as "essentially a digital form of fiat."

First Mover Americas: One of The Largest Bitcoin Miners Goes Bankrupt

CoinDesk

2022. Dec. 21. 13:18

First Mover Americas: One of The Largest Bitcoin Miners Goes Bankrupt   The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 21, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Private Banks to Manage Future Digital Euro Wallets, Transactions

CoinDesk

2022. Dec. 21. 12:39

Private Banks to Manage Future Digital Euro Wallets, Transactions The European Central Bank's progress report on a central bank digital currency outlines the role of financial intermediaries.

Is Ethereum’s Censorship Problem Taking a Turn?

CoinDesk

2022. Dec. 21. 12:00

Is Ethereum’s Censorship Problem Taking a Turn? New relayers and community efforts have contributed to a decline in censorship on the blockchain.

Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan

CoinDesk

2022. Dec. 21. 10:32

Australian Crypto Exchange Swyftx, Share Trading Platform Superhero Abandon Merger Plan The regulatory environment is not one in which mergers of traditional businesses and crypto-native companies can easily take place, one lawyer said.

Next Financial Crisis Will Be From Crypto if It's Not Banned: Indian Central Bank Governor

CoinDesk

2022. Dec. 21. 09:53

Next Financial Crisis Will Be From Crypto if It's Not Banned: Indian Central Bank Governor India's central bank Governor Shaktikanta Das has predicted that the next financial crisis will come from private cryptocurrencies if these are regulated and not banned outright.

Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection

CoinDesk

2022. Dec. 21. 09:17

Core Scientific, One of the Largest Bitcoin Miners, Files for Bankruptcy Protection The publicly traded miner filed for Chapter 11 at Southern District of Texas bankruptcy court.

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders

CoinDesk

2022. Dec. 21. 09:17

Bitcoin Miner Core Scientific Files for Bankruptcy, Expects Support From Some Debt Holders The publicly traded miner expects support from some of the holders of its convertible notes in a restructuring deal.

Encrypted Messaging Protocol Mask Network Acquires Mastodon Server Pawoo.net

CoinDesk

2022. Dec. 21. 08:01

Encrypted Messaging Protocol Mask Network Acquires Mastodon Server Pawoo.net Mask Network, a protocol that allows users to send encrypted messages and cryptocurrency transfers across social media, has acquired Pawoo.net, one of the largest Mastodon instances, according to a blog post.

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

CoinDesk

2022. Dec. 21. 06:30

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report A source told CNBC that bankruptcy proceedings would not impact operations.

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report

CoinDesk

2022. Dec. 21. 05:50

Core Scientific to File for Bankruptcy, Continue Mining Through Process: Report A source told CNBC that bankruptcy proceedings would not impact operations.

Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues

CoinDesk

2022. Dec. 21. 04:01

Gemini Creditor Committee Presents Plan to Resolve Liquidity Issues The creditor committee expects to hear from Genesis and DCG by the end of the week.

Genesis, DCG Creditors Propose Plan to Resolve Liquidity Issues, Gemini Says

CoinDesk

2022. Dec. 21. 04:01

Genesis, DCG Creditors Propose Plan to Resolve Liquidity Issues, Gemini Says The creditor committee expects to hear from Genesis and DCG by the end of the week.

Sam Bankman-Fried Reportedly Set for Extradition to the U.S.

CoinDesk

2022. Dec. 21. 00:11

Sam Bankman-Fried Reportedly Set for Extradition to the U.S. A hearing in the Bahamas is set for Wednesday morning, reports Bloomberg.

Sam Bankman-Fried Reportedly Set for Extradition to the US

CoinDesk

2022. Dec. 21. 00:11

Sam Bankman-Fried Reportedly Set for Extradition to the US A hearing in the Bahamas is set for Wednesday morning, reports Bloomberg.

EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers

CoinDesk

2022. Dec. 20. 23:14

EY Says It Is 'Aware' of 'Unauthorized' Quadriga Wallet Transfers Big Four auditor EY said in a statement that it was "aware" of the bitcoin transactions moving out of Quadriga's cold wallets.

Sam Bankman-Fried Reportedly Set for Extradition to the U.S.

CoinDesk

2022. Dec. 20. 22:02

Sam Bankman-Fried Reportedly Set for Extradition to the U.S. A hearing in the Bahamas is set for Wednesday morning, reports Bloomberg.

Crypto Markets Today: More FTX Fallout as Traders Turn Defensive

CoinDesk

2022. Dec. 20. 21:58

Crypto Markets Today: More FTX Fallout as Traders Turn Defensive Top assets in the crypto market hold steady. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Crypto’s Responsibility to Law Enforcement in 2023 and Beyond

CoinDesk

2022. Dec. 20. 19:59

Crypto’s Responsibility to Law Enforcement in 2023 and Beyond After a series of high profile exploits and indications that blockchain is being used to launder money, the industry and law enforcement have to develop better practices and tools to follow the money.

Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation

CoinDesk

2022. Dec. 20. 19:28

Crypto Trading Firm Auros, Hit by FTX Collapse, Discloses Provisional Liquidation The move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice. Auros missed payments on $17.7 million of loans from lending pools on bad debt-ridden protocol Maple Finance.

4th Quarter Market Outlook: The CoinDesk Digitization Index (DTZ)

CoinDesk

2022. Dec. 20. 19:11

4th Quarter Market Outlook: The CoinDesk Digitization Index (DTZ) Digitization protocols making up the DTZ lost a combined 24% over the period.

4th Quarter Market Outlook: The CoinDesk Culture & Entertainment Index (CNE)

CoinDesk

2022. Dec. 20. 19:11

4th Quarter Market Outlook: The CoinDesk Culture & Entertainment Index (CNE) Among the constituent indexes making up our main market measure (CMIX), the CNE performed worst, losing 35% over the period.

4th Quarter Market Outlook: The CoinDesk Computing Index (CPU)

CoinDesk

2022. Dec. 20. 19:10

4th Quarter Market Outlook: The CoinDesk Computing Index (CPU) Computing protocols in the index lost a combined 21% over the period, with Mask Network the best performer and JasmyCoin the worst.

Nansen Analyst: On-Chain Data Shows Binance’s Financials Are a ‘Black Box’

CoinDesk

2022. Dec. 20. 19:07

Nansen Analyst: On-Chain Data Shows Binance’s Financials Are a ‘Black Box’ Andrew Thurman breaks down why the largest cryptocurrency exchange by trading volume may be “tremendously well capitalized” but still veers towards financial obscurity.

CoinDesk Market Outlook: 4Q Crypto Gloom Spills Into 2023

CoinDesk

2022. Dec. 20. 19:04

CoinDesk Market Outlook: 4Q Crypto Gloom Spills Into 2023 A comprehensive fourth-quarter review and outlook of crypto markets, based on the CoinDesk Market Ex Stablecoins Index (CMIX) and sector indices.

FTX Has Over $1B in Cash, Creditor Meeting Told

CoinDesk

2022. Dec. 20. 17:39

FTX Has Over $1B in Cash, Creditor Meeting Told Unwinding the collapsed crypto company has been made more difficult by poor record-keeping.

Machankura’s Bitcoin Wallet Targets Africans With Old-School Phones and No Internet

CoinDesk

2022. Dec. 20. 17:27

Machankura’s Bitcoin Wallet Targets Africans With Old-School Phones and No Internet The service lets users in nine African countries tap into the Bitcoin Lightning network using basic feature phones. “Anyone who's interested in using bitcoin and living on bitcoin should be able to do so easily,” founder Kgothatso Ngako said.

Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin

CoinDesk

2022. Dec. 20. 17:25

Coinbase’s Slump to All-Time Low Sends Market Cap Below Dogecoin The crypto exchange has dipped another 17% over the past 30 days, bringing its year-to-date plunge to more than 85%.

10 Predictions for the Future of Crypto in 2023

CoinDesk

2022. Dec. 20. 16:02

10 Predictions for the Future of Crypto in 2023 What does the next year hold for crypto? We’ve rounded up predictions from smart people in the space – from the bullish to the skeptical.

ReFi Is Going Mainstream

CoinDesk

2022. Dec. 20. 15:39

ReFi Is Going Mainstream The successful Ethereum Merge is just the start of a growing movement to leverage crypto rails to fight climate change.

Shifting Crypto's Center of Gravity

CoinDesk

2022. Dec. 20. 15:19

Shifting Crypto's Center of Gravity Rediscovering the joy of creation and the passion for using crypto to solve society’s problems is the antidote to the calamitous past year.

First Mover Americas: Bankrupt BlockFi Asks US Court to Greenlight Withdrawals

CoinDesk

2022. Dec. 20. 14:20

First Mover Americas: Bankrupt BlockFi Asks US Court to Greenlight Withdrawals  The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 20, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Polygon Founder Unveils Web3 Accelerator Beacon

CoinDesk

2022. Dec. 20. 14:00

Polygon Founder Unveils Web3 Accelerator Beacon The accelerator helps connect founders with potential investors.

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms

CoinDesk

2022. Dec. 20. 12:43

Bitcoin Miner Greenidge Reaches Debt Restructuring Deal With NYDIG as Bankruptcy Looms Under the deal for restructuring $74.7 million of debt, Greenidge will host NYDIG's new machines.

Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network

CoinDesk

2022. Dec. 20. 12:00

Bitcoin Development Company Layer 2 Labs Raises $3M to Bring Drivechains to Network The round, which was funded by angel investors, will provide capital for the company to implement innovative sidechain solutions on the Bitcoin network.

Bankrupt Crypto Lender BlockFi Looks to Restart Certain Customer Withdrawals

CoinDesk

2022. Dec. 20. 11:25

Bankrupt Crypto Lender BlockFi Looks to Restart Certain Customer Withdrawals The crypto lender clarified any digital assets held in wallets on the platform "unambiguously" belong to the customers.

Central African Republic Delays Crypto Coin Listing to 2023

CoinDesk

2022. Dec. 20. 11:03

Central African Republic Delays Crypto Coin Listing to 2023 The country was one of the first to declare bitcoin as legal tender.

Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin

CoinDesk

2022. Dec. 20. 10:56

Waves Blockchain Founder Sasha Ivanov Promises USDN Revival Plan, New Stablecoin USDN, the algorithmic stablecoin of the Waves ecosystem, fell as low as $0.53 early Tuesday.

FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations

CoinDesk

2022. Dec. 20. 10:54

FTX Will Look to Retrieve Voluntary Payments From Third Parties, Possibly Including SBF's Political Donations Bankrupt crypto exchange FTX will attempt to recoup voluntary payments made to third parties prior to its collapse, pursuing them in court if necessary. These payments may include founder and former CEO Sam Bankman-Fried's political donations in recent years.

Visa Proposes Automatic Payments Using Ethereum Layer 2 Solution StarkNet

CoinDesk

2022. Dec. 20. 09:13

Visa Proposes Automatic Payments Using Ethereum Layer 2 Solution StarkNet Visa said self-custodial wallets could use a unique “account abstraction” method to set up automatic recurring payments on StarkNet as existing smart contracts do not currently support such steps.

Visa Proposes Automatic Payments Using Ethereum Layer 2 System StarkNet

CoinDesk

2022. Dec. 20. 09:13

Visa Proposes Automatic Payments Using Ethereum Layer 2 System StarkNet Visa said self-custodial wallets could use a unique “account abstraction” method to set up automatic recurring payments on StarkNet as existing smart contracts do not currently support such steps.

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise

CoinDesk

2022. Dec. 20. 07:19

Bitcoin Gains 2%, Stocks Drop as Bank of Japan Allows Benchmark Bond Yields to Rise The BOJ unexpectedly lifted the cap on the 10-year Japanese government bond yield to 0.5% from 0.25%, finally ending the prolonged period of near-zero yields.

First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive

CoinDesk

2022. Dec. 20. 01:34

First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home.

Crypto Twitter Delves Into Strange, Sloppy Side of Trump’s NFT Collection

CoinDesk

2022. Dec. 20. 01:12

Crypto Twitter Delves Into Strange, Sloppy Side of Trump’s NFT Collection Online sleuths analyzed blockchain data and assets in the former president’s NFT collection, finding evidence of stolen art and shady wallet addresses, painting a picture of how the digital collectibles came to be.

Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry

CoinDesk

2022. Dec. 19. 23:41

Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry Kazakhstan, one of the world’s largest bitcoin mining hubs, is working on new legislation for the industry.

Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report

CoinDesk

2022. Dec. 19. 22:48

Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report Local media connected Andrei Lugovoi, a Russian politician accused of serious crimes in the U.K., to a cash-based OTC in Moscow.

Bitcoin Addresses Tied to Defunct Canadian Crypto Exchange QuadrigaCX Wake Up

CoinDesk

2022. Dec. 19. 22:01

Bitcoin Addresses Tied to Defunct Canadian Crypto Exchange QuadrigaCX Wake Up More than 100 bitcoins tied to the defunct Canadian crypto exchange QuadrigaCX were transferred out of cold wallets thought to be beyond anyone’s control over the weekend.

Crypto Markets Today: Binance.US to Buy Voyager Digital's Assets; Bitcoin Slides Into the Red

CoinDesk

2022. Dec. 19. 21:45

Crypto Markets Today: Binance.US to Buy Voyager Digital's Assets; Bitcoin Slides Into the Red Top assets in the crypto market slid around 1%. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M

CoinDesk

2022. Dec. 19. 21:05

FTX’s Bankman-Fried Gave Ex-Jane Street Traders Who Formed Modulo Capital $400M Founded in early 2022, Modulo operated out of the same luxury Bahamian condominium community where Sam Bankman-Fried and other FTX employees lived.

This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better

CoinDesk

2022. Dec. 19. 20:29

This Was the Worst Year for Crypto Hacks. Here’s How 2023 Can Be Better OpenZeppelin’s Stephen Lloyd Webber writes about the plague of exploits that drained billions from crypto protocols – and how Web3 can better secure itself.

Boris Johnson's Brother Quits as Binance Adviser

CoinDesk

2022. Dec. 19. 18:40

Boris Johnson's Brother Quits as Binance Adviser Last week however, Reuters reported that Binance was being investigated for possible money laundering violations.

UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says

CoinDesk

2022. Dec. 19. 18:31

UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says The Financial Services and Markets Bill which is currently being debated, will give regulators more power over crypto.

Sam Bankman-Fried's Bahamas Court Appearance Adds to Confusion

CoinDesk

2022. Dec. 19. 18:18

Sam Bankman-Fried's Bahamas Court Appearance Adds to Confusion Reports suggested the former FTX CEO was going to waive any extradition challenge.

The 10 Biggest Developments in Bitcoin in 2022

CoinDesk

2022. Dec. 19. 17:41

The 10 Biggest Developments in Bitcoin in 2022 Whether it's the Taro upgrade or growth in the Lightning Network, Bitcoin has seen steady progress this year, says Cory Klippsten, Tomer Strolight and Sam Callahan of Swan Bitcoin.

FTX Collapse Is ‘Golden Opportunity’ for Developers, Says Tezos Co-Founder

CoinDesk

2022. Dec. 19. 17:39

FTX Collapse Is ‘Golden Opportunity’ for Developers, Says Tezos Co-Founder Kathleen Breitman, co-founder of the Luxembourg-based blockchain platform, discusses why the collapse of FTX is a “massive distraction” for the industry but has made it prime time for hiring developers.

Binance Losing Auditing Partner Mazars Leaves Crypto Questions Unanswered

CoinDesk

2022. Dec. 19. 16:32

Binance Losing Auditing Partner Mazars Leaves Crypto Questions Unanswered French auditing firm Mazars, which had published proof-of-reserves for Binance and other exchanges, on Friday announced it cut ties with its clients in the crypto industry.

With Binance, Everything Is Not Fine

CoinDesk

2022. Dec. 19. 16:28

With Binance, Everything Is Not Fine As the financial health of Binance grows more uncertain, CEO "CZ" has offered nothing but red flags, says Genevieve Roch-Decter (CFA), the CEO of GRIT Capital.

What Will 2023 Bring for CBDCs?

CoinDesk

2022. Dec. 19. 15:59

What Will 2023 Bring for CBDCs? Even as CBDC rollouts intensify, the future of these centrally backed currencies around the world is uncertain.

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape

CoinDesk

2022. Dec. 19. 15:03

Crypto Trading Protocol Drift Relaunches Into Rocky Solana DeFi Landscape The derivatives trader is back after an 8-month hiatus.

Notorious B.I.G. in the Limelight in Metaverse VR Concert Experience

CoinDesk

2022. Dec. 19. 15:00

Notorious B.I.G. in the Limelight in Metaverse VR Concert Experience The virtual performance from a digital recreation of the late rapper was an impressive showcase of technology.

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC

CoinDesk

2022. Dec. 19. 13:37

First Mover Americas: Grayscale Explores Options to Return Portion of GBTC The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 19, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices

CoinDesk

2022. Dec. 19. 13:30

Polychain Leads $7M Funding for Hardware Wallet Developer Foundation Devices The Bitcoin-focused startup offers the Passport hardware wallet and Envoy mobile app.

Binance.US Agrees to Buy Voyager's Assets for $1.02B

CoinDesk

2022. Dec. 19. 13:17

Binance.US Agrees to Buy Voyager's Assets for $1.02B The agreement comes after CoinDesk had reported last month that Binance was preparing a bid for Voyager's assets.

Kazakhstan to Press On With CBDC Development Until 2025

CoinDesk

2022. Dec. 19. 13:07

Kazakhstan to Press On With CBDC Development Until 2025 For the next two years, the country will work on launching into industrial operation, and will cooperate other other central banks for cross-border and currency-exchange operations.

Yuga Labs Names Former Activision Blizzard President Daniel Alegre as New CEO

CoinDesk

2022. Dec. 19. 13:05

Yuga Labs Names Former Activision Blizzard President Daniel Alegre as New CEO The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel its ambitions for an "immersive Web3 world."

Web3 Startup Yuga Labs Names Former Activision Blizzard President as New CEO

CoinDesk

2022. Dec. 19. 13:05

Web3 Startup Yuga Labs Names Former Activision Blizzard President as New CEO The Bored Ape parent company said Alegre's previous gaming experience will help advance the brand's Otherside metaverse and propel its ambitions for an "immersive Web3 world."

Binance Finalizes Acquisition of Indonesian Crypto Trading Firm Tokocrypto

CoinDesk

2022. Dec. 19. 12:16

Binance Finalizes Acquisition of Indonesian Crypto Trading Firm Tokocrypto Tokocrypto CEO will step down and 58% of staff to be laid off as part of the deal, says Tokocrypto spokesperson.

Nigeria to Recognize Crypto as Investment Capital: Report

CoinDesk

2022. Dec. 19. 11:20

Nigeria to Recognize Crypto as Investment Capital: Report A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said.

Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report

CoinDesk

2022. Dec. 19. 11:01

Grayscale Will Explore Returning 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF: Report Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report.

Grayscale Will Explore Returning up to 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF

CoinDesk

2022. Dec. 19. 11:01

Grayscale Will Explore Returning up to 20% of Investor Capital if SEC Refuses Spot Bitcoin ETF Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report.

Grayscale Will Explore Returning Portion of Investor Capital if SEC Refuses Spot Bitcoin ETF

CoinDesk

2022. Dec. 19. 11:01

Grayscale Will Explore Returning Portion of Investor Capital if SEC Refuses Spot Bitcoin ETF Grayscale Investments is exploring options to return a portion of capital underlying its flagship Grayscale Bitcoin (GBTC) product if the SEC refuses to grant a bitcoin exchange-traded fund (ETF), according to a report.

Sam Bankman-Fried Won’t Contest US Extradition: Reports

CoinDesk

2022. Dec. 19. 10:57

Sam Bankman-Fried Won’t Contest US Extradition: Reports The change of heart suggests the founder of the crypto exchange founder may leave his Bahamas jail cell.

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm

CoinDesk

2022. Dec. 19. 10:26

Crypto Options Market Has Become More 'Interdealer' Since FTX's Blowup: Paradigm Market makers' share of crypto options trading volume settled through OTC tech platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence.

Former BitMEX CEO Alexander Hoeptner Sues Exchange for Breach of Contract and Wrongful Termination

CoinDesk

2022. Dec. 19. 09:26

Former BitMEX CEO Alexander Hoeptner Sues Exchange for Breach of Contract and Wrongful Termination It was previously reported that Hoeptner left the company in October 2022.

Former BitMEX CEO Sues Crypto Derivatives Exchange for Breach of Contract and Wrongful Termination

CoinDesk

2022. Dec. 19. 09:26

Former BitMEX CEO Sues Crypto Derivatives Exchange for Breach of Contract and Wrongful Termination It was previously reported that Hoeptner left the company in October 2022.

Storage Protocol Tokens Slide as Traders Short FileCoin and Storj

CoinDesk

2022. Dec. 19. 07:36

Storage Protocol Tokens Slide as Traders Short FileCoin and Storj Filecoin saw record shorts over the weekend as its down 28% over the past five days, while StorJ is down 20% in the same time period

Crypto Storage Protocol Tokens Slide as Traders Short FileCoin and Storj

CoinDesk

2022. Dec. 19. 07:36

Crypto Storage Protocol Tokens Slide as Traders Short FileCoin and Storj Filecoin saw record shorts over the weekend as its down 28% over the past five days, while StorJ is down 20% in the same time period

Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit

CoinDesk

2022. Dec. 18. 15:50

Warren’s Reactionary Crypto Policy vs. Dorsey’s Decentralized Social Media Gambit Policy actions that decry decentralization in response to FTX sort of miss the point. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor.

Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops

CoinDesk

2022. Dec. 16. 22:07

Crypto Markets Today: Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; CoinDesk Market Index Drops Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst

CoinDesk

2022. Dec. 16. 20:20

Crypto Winter Isn’t Chilling VCs From Investing in Web3, Says PitchBook Analyst Robert Le, senior emerging technology research analyst at the data and research company PitchBook, breaks down investment in the coming months and details which areas of the industry are seeing growth right now.

Australian Open Adds NounsDAO Sponsorship Ahead of Second Web3 Activation

CoinDesk

2022. Dec. 16. 19:34

Australian Open Adds NounsDAO Sponsorship Ahead of Second Web3 Activation The famed tennis tournament is teaming up with NounsDAO, OnCyber and Vayner Sports Pass ahead of its second Art Ball NFT release.

Australian Open Adds NounsDAO Collaboration Ahead of Second Web3 Activation

CoinDesk

2022. Dec. 16. 19:34

Australian Open Adds NounsDAO Collaboration Ahead of Second Web3 Activation The famed tennis tournament is teaming up with NounsDAO, OnCyber and Vayner Sports Pass ahead of its second Art Ball NFT release.

Co-founder of OneCoin Pyramid Scheme Pleads Guilty, ‘CryptoQueen’ Still Wanted

CoinDesk

2022. Dec. 16. 19:13

Co-founder of OneCoin Pyramid Scheme Pleads Guilty, ‘CryptoQueen’ Still Wanted One of the founders behind OneCoin pleaded guilty to federal U.S. charges on Friday after one of the largest financial scams of all time, according to the Department of Justice. The purported cryptocurrency project was fraudulent from its 2014 beginnings, prosecutors said, with OneCoin – co-founded by Karl Greenwood – setting up a pyramid scheme to market it to millions of people, generating as much as $4 billion in revenue.

Co-founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted

CoinDesk

2022. Dec. 16. 19:13

Co-founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted One of the founders behind OneCoin pleaded guilty to federal U.S. charges on Friday after one of the largest financial scams of all time, according to the Department of Justice. The purported cryptocurrency project was fraudulent from its 2014 beginnings, prosecutors said, with OneCoin – co-founded by Karl Greenwood – setting up a pyramid scheme to market it to millions of people, generating as much as $4 billion in revenue.

Japan to Exempt Token Issuers From Corporate Tax on Paper Gains

CoinDesk

2022. Dec. 16. 18:46

Japan to Exempt Token Issuers From Corporate Tax on Paper Gains Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.

Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains

CoinDesk

2022. Dec. 16. 18:46

Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.

2023 Will Be the Year of Dapps – Here's What to Expect

CoinDesk

2022. Dec. 16. 18:00

2023 Will Be the Year of Dapps – Here's What to Expect The greatest areas for decentralized application (dapp) development will be across gaming, identity and the evolution of Web2 apps.

2023: The Year DAOs Follow the Law?

CoinDesk

2022. Dec. 16. 17:51

2023: The Year DAOs Follow the Law? Decentralized autonomous organizations should make the necessary handshake with the existing legal system in order to mature and integrate with the rest of the global economy.

Basel Committee Endorses Global Crypto Banking Rules to be Implemented by 2025

CoinDesk

2022. Dec. 16. 17:31

Basel Committee Endorses Global Crypto Banking Rules to be Implemented by 2025 The rules suggested that a banks exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.

The Faulty Moral Universe of Sam Bankman-Fried

CoinDesk

2022. Dec. 16. 17:31

The Faulty Moral Universe of Sam Bankman-Fried His legal-scholar mother, Barbara Fried, believed personal responsibility was an outdated concept. Did those ideas create a monster?

FTX and Crypto Bust Show Capitalism’s Limits

CoinDesk

2022. Dec. 16. 17:03

FTX and Crypto Bust Show Capitalism’s Limits Investors have been led astray by misleading signals from the market. It enticed them to go "all in" on centralized exchanges rather than focusing on real-world use cases for tokenized value exchange.

US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence

CoinDesk

2022. Dec. 16. 16:45

US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence There are hazardous gaps in how crypto is overseen, according to U.S. Treasury Department officials briefing the Financial Stability Oversight Council (FSOC) – restating a view that’s long been adopted by U.S. lawmakers, regulators and the industry itself.

Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source

CoinDesk

2022. Dec. 16. 16:15

Crypto Exchange Zipmex to Seek Creditor Support for Recovery Process: Source The goal is to fully reactivate customer withdrawals once creditors have approved the plan in a vote.

Media Orgs. Get Right to Argue For Publication of FTX’s Million-strong Creditor List

CoinDesk

2022. Dec. 16. 16:04

Media Orgs. Get Right to Argue For Publication of FTX’s Million-strong Creditor List A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January.

Media Groups Get Right to Argue for Publication of FTX’s Million-Strong Creditor List

CoinDesk

2022. Dec. 16. 16:04

Media Groups Get Right to Argue for Publication of FTX’s Million-Strong Creditor List A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January.

Media Groups Win Right to Argue for Publication of FTX’s Million-Strong Creditor List

CoinDesk

2022. Dec. 16. 16:04

Media Groups Win Right to Argue for Publication of FTX’s Million-Strong Creditor List A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January.

Solana-Based Raydium Exchange Victim of 7-figure Exploit

CoinDesk

2022. Dec. 16. 15:13

Solana-Based Raydium Exchange Victim of 7-figure Exploit Currently, about $2 million of different cryptocurrencies are sitting in the attacker’s account.

Trump NFT Collection Sells Out, Price Surges

CoinDesk

2022. Dec. 16. 14:39

Trump NFT Collection Sells Out, Price Surges  According to data from OpenSea, the collection’s floor price is about 0.14 ETH, or about $170 – nearly double the original price.

Donald Trump NFT Collection Sells Out, Price Surges

CoinDesk

2022. Dec. 16. 14:39

Donald Trump NFT Collection Sells Out, Price Surges  According to data from OpenSea, the collection’s floor price is about 0.19 ETH, or $230, more than double the original mint price.

DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say

CoinDesk

2022. Dec. 16. 14:27

DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.

First Mover Americas: Crypto Auditing Hits Snag

CoinDesk

2022. Dec. 16. 13:26

First Mover Americas: Crypto Auditing Hits Snag The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 16, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop

CoinDesk

2022. Dec. 16. 13:01

Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients, S&P Futures Drop Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market.

Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients; S&P Futures Drop

CoinDesk

2022. Dec. 16. 13:01

Bitcoin, Ether Slip as Audit Firm Mazars Pauses Work for Crypto Clients; S&P Futures Drop Bitcoin outperformed ether and BNB as Mazar's decision to suspend crypto audit work and Binance fears weighed over the crypto market.

Three Arrows Capital Estimated Its Assets at Around $1B in July: Report

CoinDesk

2022. Dec. 16. 12:25

Three Arrows Capital Estimated Its Assets at Around $1B in July: Report Bankrupt crypto hedge fund Three Arrows Capital (3AC) estimated its assets to be worth around $1 billion in July, according to a report by The Block, citing a document prepared by 3AC liquidator Teneo.

Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross'

CoinDesk

2022. Dec. 16. 10:16

Bitcoin Few Weeks Away From Its First Weekly Chart 'Death Cross' Bitcoin has never seen a death cross on its weekly chart before and the ominous-sounding indicator has a bad reputation of trapping sellers on the wrong side in traditional markets.

Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients

CoinDesk

2022. Dec. 16. 10:12

Binance Proof-of-Reserves Auditor Mazars Pauses All Work for Crypto Clients Mazars other clients included Crypto.com and KuCoin.

EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot

CoinDesk

2022. Dec. 16. 09:46

EU Rules for Distributed Ledger Financial Trading Finalized Ahead of March Pilot Requirements to test people's knowledge of distributed technology could deter the average retail investor, some worry.

Crypto Exchange Gemini Down for Several Hours Due to 'Scheduled Maintenance'

CoinDesk

2022. Dec. 16. 06:46

Crypto Exchange Gemini Down for Several Hours Due to 'Scheduled Maintenance' The crypto exchange had paused withdrawals for its yield product recently.

Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours

CoinDesk

2022. Dec. 16. 06:46

Crypto Exchange Gemini Back Online After Being Down for Over Seven Hours The crypto exchange had paused withdrawals for its yield product recently.

Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion

CoinDesk

2022. Dec. 16. 06:13

Crypto Trading Firm Amber Group Raises $300M Series C After FTX Contagion The collapse of FTX had impacted some of the trading firm's products and customers, increasing the need to quickly raise additional capital.

Embattled Crypto Firm FTX Wants to Sell Its Functioning Units, Including LedgerX

CoinDesk

2022. Dec. 16. 00:45

Embattled Crypto Firm FTX Wants to Sell Its Functioning Units, Including LedgerX Crypto exchange FTX petitioned a federal court for permission to sell several subsidiaries on Thursday, including U.S.-based derivatives wing LedgerX.

First Mover Asia: Active Crypto Developers Decreased Nearly 60% in 2022

CoinDesk

2022. Dec. 15. 23:04

First Mover Asia: Active Crypto Developers Decreased Nearly 60% in 2022 Despite the decline over the past year, more than 1,500 developers are still active in building the top blockchains and decentralized applications during this bear market.

Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding

CoinDesk

2022. Dec. 15. 22:02

Jack Dorsey Gives Decentralized Social Network Nostr 14 BTC in Funding The former Twitter CEO has donated roughly 14 BTC worth $245,000 to fund Nostr's development, after recently publishing his views on a native internet protocol for social media.

Crypto Markets Today: Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall

CoinDesk

2022. Dec. 15. 21:54

Crypto Markets Today: Archblock Attempting to Bring US Banks to DeFi; Bitcoin and Ether Stall Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision

CoinDesk

2022. Dec. 15. 21:54

Incoming House Financial Services Committee Chair Asks Secretary Yellen to Delay Crypto Tax Provision Rep. Patrick McHenry, the soon-to-be chair of the House Financial Services Committee, wrote a public letter to Treasury Secretary Janet Yellen asking her to delay the implementation of the tax provision in last year's infrastructure law.

Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership

CoinDesk

2022. Dec. 15. 20:12

Protocol Developer Archblock Aims to Bring US Community Banks to DeFi Through Partnership Archblock’s and Adapt3r’s joint effort focuses on onboarding U.S.-regulated financial institutions and low-risk investments to decentralized finance protocols after a series of loan defaults.

Crypto.com Receives License as a Payment Institution in Brazil

CoinDesk

2022. Dec. 15. 20:02

Crypto.com Receives License as a Payment Institution in Brazil The company is the first crypto exchange to become a licensed payments institution in the South American country.

US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor

CoinDesk

2022. Dec. 15. 19:46

US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor Renato Mariotti, partner at international law firm Bryan Cave Leighton Paisner, discusses why regulators are “eager to plant a flag” on the crypto industry.

Dutch Central Bank Says Crypto Exchange KuCoin Is Operating Without a License in Netherlands

CoinDesk

2022. Dec. 15. 19:41

Dutch Central Bank Says Crypto Exchange KuCoin Is Operating Without a License in Netherlands De Nederlandsche Bank said KuCoin lacks a “legal registration” with the central bank.

Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market

CoinDesk

2022. Dec. 15. 18:56

Web3 Infrastructure Firm Blocknative Raises $15M for Ethereum Block Building Market The funding round was led by Blockchain Capital, Foundry Group and several other venture capital firms.

Trump Announces $99 Digital Trading Card NFTs

CoinDesk

2022. Dec. 15. 17:34

Trump Announces $99 Digital Trading Card NFTs The edition of 45,000 NFTs features President Trump in various costumes and poses and will be minted on Polygon.

Donald Trump Announces $99 Digital Trading Card NFTs

CoinDesk

2022. Dec. 15. 17:34

Donald Trump Announces $99 Digital Trading Card NFTs The edition of 45,000 NFTs features President Trump in various costumes and poses and will be minted on Polygon.

Web3 Community Platform Console Launches Beta to Fix 'Broken' Social Networks

CoinDesk

2022. Dec. 15. 17:00

Web3 Community Platform Console Launches Beta to Fix 'Broken' Social Networks The decentralized, privacy-forward startup hopes to address the challenges Web3 communities face on other social networks like spam, bots and reckless crypto shilling.

Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee

CoinDesk

2022. Dec. 15. 16:32

Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company

Crypto Trading Firm Wintermute Given Seat on Key FTX Creditor Committee

CoinDesk

2022. Dec. 15. 16:32

Crypto Trading Firm Wintermute Given Seat on Key FTX Creditor Committee The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company

Coinbase Introduces Recovery Tool for Lost ERC-20 Tokens: Report

CoinDesk

2022. Dec. 15. 16:32

Coinbase Introduces Recovery Tool for Lost ERC-20 Tokens: Report Users will be able to recover more than 4,000 as-yet unsupported Ethereum-based tokens starting in a few weeks, according to TechCrunch.

The Next Step in the Evolution of Web3: Regenerative Finance

CoinDesk

2022. Dec. 15. 15:20

The Next Step in the Evolution of Web3: Regenerative Finance “ReFi,” coined by economist John Fullerton, is the process of using markets to fix the issues markets have created. Crypto, the freest market system yet, can help bootstrap efforts to regenerate the world economy.

New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says

CoinDesk

2022. Dec. 15. 15:12

New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says New guidance from the state department of Financial Services sets a 90-day advance notice period for state banks wishing to offer crypto-related services.

The Art World Underestimates the Power of NFTs

CoinDesk

2022. Dec. 15. 14:57

The Art World Underestimates the Power of NFTs NFTs will bring about a profound structural shift in how art is created, enjoyed and sold.

Microsoft Bans Crypto Mining on Its Online Services Without Permission

CoinDesk

2022. Dec. 15. 14:39

Microsoft Bans Crypto Mining on Its Online Services Without Permission Customers will require Microsoft's written permission to mine crypto.

New Bitcoin and Ether Futures ETFs Launching in Hong Kong

CoinDesk

2022. Dec. 15. 14:29

New Bitcoin and Ether Futures ETFs Launching in Hong Kong The two new crypto funds, the first of their kind in Asia, will trade on the Hong Kong Stock Exchange.

Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut

CoinDesk

2022. Dec. 15. 14:29

Hong Kong's New Bitcoin and Ether Futures ETFs Raise $79 Million in Trading Debut The two new crypto funds, the first of their kind in Asia, will trade on the Hong Kong Stock Exchange.

Web3 Domain Provider Unstoppable Domains to Integrate With Etherscan and Polygonscan

CoinDesk

2022. Dec. 15. 14:00

Web3 Domain Provider Unstoppable Domains to Integrate With Etherscan and Polygonscan The integration will make it easier to trace domain addresses on the two blockchain explorers.

The Sandbox Onboards Security Firm OpenZeppelin to Protect Its Platform from Attacks

CoinDesk

2022. Dec. 15. 14:00

The Sandbox Onboards Security Firm OpenZeppelin to Protect Its Platform from Attacks The blockchain security firm behind the Forta network will monitor vulnerabilities, alert for potential threats, and audit smart contracts within the popular metaverse game.

The FTX Meltdown Calls for Higher Standards in Crypto Journalism

CoinDesk

2022. Dec. 15. 14:00

The FTX Meltdown Calls for Higher Standards in Crypto Journalism Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry.

Perplexing Tranquility? Bitcoin's Implied Volatility Hits Lowest Since October 2020

CoinDesk

2022. Dec. 15. 13:57

Perplexing Tranquility? Bitcoin's Implied Volatility Hits Lowest Since October 2020 Bitcoin's volatility will continue to drop as the economic backdrop improves and the market becomes resilient to the negative FTX headlines, one observer said.

First Mover Americas: Crypto Money-Laundering Bill on the Table

CoinDesk

2022. Dec. 15. 13:25

First Mover Americas: Crypto Money-Laundering Bill on the Table The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 15, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior

CoinDesk

2022. Dec. 15. 12:53

CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn't Exhibiting ‘FTX-Like’ Behavior A report from the analytics firm says the exchange is almost entirely collateralized and diversified away from its proprietary token.

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'

CoinDesk

2022. Dec. 15. 11:28

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive' Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission (SFC) will be starting with the Financial Conduct Authority on Feb. 20.

Ethereum Name Service DAO Votes on Stewards for Three Working Groups

CoinDesk

2022. Dec. 15. 09:11

Ethereum Name Service DAO Votes on Stewards for Three Working Groups The stewards will be responsible for the Meta-Governance, ENS ecosystem, and the Public Goods working groups for 2023.

Telegram's No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher

CoinDesk

2022. Dec. 15. 09:04

Telegram's No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher Telegram users can purchase blockchain-based identities by paying Toncoin and bypass the need to use a SIM card to apply for the service as previously required.

Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November

CoinDesk

2022. Dec. 15. 06:38

Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November Former CEO Sam Bankman-Fried has said he didn't know of any commingling of funds between his companies.

Top FTX Group Executive Tipped Off Bahamas Authorities About Commingling of Funds in November

CoinDesk

2022. Dec. 15. 06:38

Top FTX Group Executive Tipped Off Bahamas Authorities About Commingling of Funds in November Former CEO Sam Bankman-Fried has said he didn't know of any commingling of funds between his companies.

Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio

CoinDesk

2022. Dec. 15. 03:48

Cathie Wood's ARK Continues to Buy Coinbase's Dip, Adding $3.2 Million of COIN to Portfolio The latest purchase means ARK's Innovation ETF holds 5.8 million COIN shares.

First Mover Asia: Bitcoin’s Strong Correlation to 'Dr. Copper' Grows Healthier; Bitcoin Seesaws Back to $17.8K

CoinDesk

2022. Dec. 15. 00:05

First Mover Asia: Bitcoin’s Strong Correlation to 'Dr. Copper' Grows Healthier; Bitcoin Seesaws Back to $17.8K Over the past week, the correlation between the red metal and cryptocurrency has grown tighter, which bodes well for investors. But a strengthening U.S. dollar may suggest a less rosy future.

Crypto Markets Today: US Regulation Heats Up; Bitcoin Rises, Then Falls

CoinDesk

2022. Dec. 14. 22:10

Crypto Markets Today: US Regulation Heats Up;  Bitcoin Rises, Then Falls Top cryptocurrencies lost earlier gains after the Federal Reserve signals interest rates to keep rising well into 2023. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%

CoinDesk

2022. Dec. 14. 22:07

Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30% The miner cited delays in building out a mining facility by one of its partners, Lancium.

After FTX: Explaining the Difference Between Liquidity and Insolvency

CoinDesk

2022. Dec. 14. 22:01

After FTX: Explaining the Difference Between Liquidity and Insolvency Did FTX fall because of a “liquidity crisis” or a “run on the bank,” or was it insolvency? The language matters, says Frances Coppola.

After Sam Bankman-Fried's Arrest, the FTX Show Goes On

CoinDesk

2022. Dec. 14. 22:00

After Sam Bankman-Fried's Arrest, the FTX Show Goes On Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.

Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman

CoinDesk

2022. Dec. 14. 21:13

Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced CEO “misled the public” and what he did with Bankman-Fried’s $2,900 political donation.

NFT Marketplace Magic Eden Rolls Out Rewards Program

CoinDesk

2022. Dec. 14. 21:03

NFT Marketplace Magic Eden Rolls Out Rewards Program After re-enforcing royalties earlier this month, the marketplace will reward users for their trading volumes on the marketplace.

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy

CoinDesk

2022. Dec. 14. 20:37

Bitcoin Miner Core Scientific's Lender Wants to Give Miner $72M to Avoid Bankruptcy Investment bank B Riley said most of the struggling miner's issues are "self-imposed and can be corrected."

Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023

CoinDesk

2022. Dec. 14. 20:29

Forget CBDCs, Here’s Where the Biden Administration Needs to Focus in 2023 Rather than centralizing the digital dollar, lawmakers should focus on exploring a decentralized identification program and develop financial literacy programs for the general public.

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers

CoinDesk

2022. Dec. 14. 19:55

FTX Hearing in US Senate Reveals Congress Doesn’t Have Immediate Answers The crypto industry is calling for U.S. regulations as the epic failures of FTX drag at the sector and most regulators say they can’t do the job without more powers from Congress. So far, a sound-and-fury campaign from lawmakers hasn’t yet signified a path forward.

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana

CoinDesk

2022. Dec. 14. 19:14

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on Solana The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.

Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook

CoinDesk

2022. Dec. 14. 19:05

Federal Reserve Hikes US Rate 50 Basis Points, Slowing Pace but Keeping Hawkish Outlook  The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.

Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish

CoinDesk

2022. Dec. 14. 19:05

Bitcoin Falls as Federal Reserve Slows Rate Hikes but Stays Hawkish The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a "terminal rate" above 5%.

After FTX, Let's Get Back to Hiring the Crypto People for the Job

CoinDesk

2022. Dec. 14. 18:55

After FTX, Let's Get Back to Hiring the Crypto People for the Job You got into crypto for the money. We got in for the system design. We are not the same, says Jenna Pilgrim.

After FTX, Let's Get Back to Hiring Crypto People for the Job

CoinDesk

2022. Dec. 14. 18:55

After FTX, Let's Get Back to Hiring Crypto People for the Job You got into crypto for the money. We got in for the system design. We are not the same, says Jenna Pilgrim.

PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto

CoinDesk

2022. Dec. 14. 18:00

PayPal Working With Crypto Wallet MetaMask to Offer Easy Way to Buy Crypto Users can buy and transfer ether from PayPal to MetaMask.

FTX Bankruptcy Court Warned Against Granting Bahamas 'Dangerous' IT Access

CoinDesk

2022. Dec. 14. 17:54

FTX Bankruptcy Court Warned Against Granting Bahamas 'Dangerous' IT Access Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange

FTX Bankruptcy Court Is Warned Against Granting Bahamas 'Dangerous' IT Access

CoinDesk

2022. Dec. 14. 17:54

FTX Bankruptcy Court Is Warned Against Granting Bahamas 'Dangerous' IT Access Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange

US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill

CoinDesk

2022. Dec. 14. 14:55

US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill U.S. Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) are introducing an act to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency.

The Year Crypto Yields Blew Up

CoinDesk

2022. Dec. 14. 14:33

The Year Crypto Yields Blew Up We’re left with a smoking ruin of a yield industry, but with some incredibly important “green shoots” from which to rebuild.

Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming

CoinDesk

2022. Dec. 14. 14:32

Gaming Platform Forte Partners With Venture Studio SuperLayer to Expand Beyond Web3 Gaming The blockchain platform also invested $5 million in the venture studio, which will go towards backing incubated companies.

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened

CoinDesk

2022. Dec. 14. 14:20

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened Visits to Indian exchanges Wazir X, CoinDCX, CoinSwitch Kuber and ZebPay fell 80% between Feb. 1 – when Prime Minister Narendra Modi’s government said it will introduce a 30% tax on crypto profits and a 1% transaction tax – and Oct. 1.

I, Trading Bot

CoinDesk

2022. Dec. 14. 14:16

I, Trading Bot AI-powered trading bots have the power to reinvent crypto trading.

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay

CoinDesk

2022. Dec. 14. 13:52

Bitcoin Miners’ High Hopes for Latin America Dented by Paraguay LatAm was touted as a promise land for miners just last month, but a crypto mining-friedly bill in Paraguay was shot down last week.

First Mover Americas: Binance Hits Turbulence as Withdrawals Mount

CoinDesk

2022. Dec. 14. 13:25

First Mover Americas: Binance Hits Turbulence as Withdrawals Mount The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

As Bitcoin, Stocks Cheer US Inflation Slowdown, One Macro Expert Calls for Caution

CoinDesk

2022. Dec. 14. 12:52

As Bitcoin, Stocks Cheer US Inflation Slowdown, One Macro Expert Calls for Caution Slower inflation often portends a decline in corporate profitability, which is yet to be priced in by risk assets, Steno Research's Andreas Steno Larsen said.

As Bitcoin, Stock Investors Cheer US Inflation Slowdown, One Macro Expert Calls for Caution

CoinDesk

2022. Dec. 14. 12:52

As Bitcoin, Stock Investors Cheer US Inflation Slowdown, One Macro Expert Calls for Caution Slower inflation often portends a decline in corporate profitability, which is yet to be priced in by risk assets, Steno Research's Andreas Steno Larsen said.

Binance Founder ‘CZ’ Insists We Can Trust His Crypto Exchange – but Can We?

CoinDesk

2022. Dec. 14. 12:30

Binance Founder ‘CZ’ Insists We Can Trust His Crypto Exchange – but Can We? After the arrest of FTX founder Sam Bankman-Fried, some users fear that exchange behemoth Binance will be the next crypto domino to fall.

Citi Says Crypto Market Leverage, Open Interest Are Historically Low

CoinDesk

2022. Dec. 14. 10:47

Citi Says Crypto Market Leverage, Open Interest Are Historically Low The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures.

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine

CoinDesk

2022. Dec. 14. 10:42

Celsius Seeks $7.7M From Voyager's Estate as Bankruptcy Cases Intertwine Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager.

Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data

CoinDesk

2022. Dec. 14. 09:19

Ether, Bitcoin Post Gains as Crypto Market Cheers Sam Bankman-Fried's Arrest, Inflation Data With the former FTX CEO's arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said.

Major Japanese Utility Works With Local Hardware Maker to Capitalize on Excess Power With Crypto Mining

CoinDesk

2022. Dec. 14. 08:53

Major Japanese Utility Works With Local Hardware Maker to Capitalize on Excess Power With Crypto Mining The utility behind the Fukushima nuclear reactor is trying our crypto mining.

Australia Moves to Tighten Safety Around Crypto in 2023

CoinDesk

2022. Dec. 14. 08:29

Australia Moves to Tighten Safety Around Crypto in 2023 Australia's government has promised to establish a framework for the licensing and regulation of crypto service providers in 2023.

Binance CEO Changpeng 'CZ' Zhao Warns Staff of Turbulent Times Ahead: Bloomberg

CoinDesk

2022. Dec. 14. 08:07

Binance CEO Changpeng 'CZ' Zhao Warns Staff of Turbulent Times Ahead: Bloomberg "While we expect the next several months to be bumpy, we will get past this challenging period," CZ said while assuring the organization is built to last.

Binance CEO Changpeng 'CZ' Zhao Warns Staff of Turbulent Times

CoinDesk

2022. Dec. 14. 08:07

Binance CEO Changpeng 'CZ' Zhao Warns Staff of Turbulent Times "While we expect the next several months to be bumpy, we will get past this challenging period," CZ said while assuring the organization is built to last.

Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says

CoinDesk

2022. Dec. 14. 07:33

Bitcoin Could Drop to $10K-$12K by Q1 2023, VanEck Says Wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2022, VanEck's Matthew Sigel said, while forecasting a bull revival in the second half of the year.

First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried

CoinDesk

2022. Dec. 14. 00:01

First Mover Asia: Busan as Blockchain Hub? The Korean City Is Traveling the Wrong Path; No Bail for Bankman-Fried Busan wants to integrate blockchain technology into all facets of government service, and create the first city-run crypto exchange.

Bankman-Fried Lawsuits Expose FTX's 'Special Treatment' of Alameda Research

CoinDesk

2022. Dec. 13. 23:28

Bankman-Fried Lawsuits Expose FTX's 'Special Treatment' of Alameda Research Sam Bankman-Fried’s “personal piggy bank” Alameda Research was deeply intertwined with his exchange, FTX.

Binance Launches Payments Service for US Customers

CoinDesk

2022. Dec. 13. 23:21

Binance Launches Payments Service for US Customers Binance launched the feature for users outside the U.S. in February 2021.

Coinbase’s Prime Broker Platform Receives Industry Attestation Reports

CoinDesk

2022. Dec. 13. 23:16

Coinbase’s Prime Broker Platform Receives Industry Attestation Reports The reports look at internal controls over financial reporting, as well as controls based on trust principles.

Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy

CoinDesk

2022. Dec. 13. 22:35

Judge Approves Sale of Self-Custody Platform to Galaxy Digital in Celsius Bankruptcy Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month.

Crypto Markets Today: Sam Bankman-Fried Hearing Tops Another Troubling Day

CoinDesk

2022. Dec. 13. 22:03

Crypto Markets Today: Sam Bankman-Fried Hearing Tops Another Troubling Day The former FTX CEO faces federal charges of wire fraud, conspiracy and other allegations. A positive November inflation report sends prices higher. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

FTX Founder Sam Bankman-Fried Denied Bail in the Bahamas

CoinDesk

2022. Dec. 13. 21:56

FTX Founder Sam Bankman-Fried Denied Bail in the Bahamas Sam Bankman-Fried, who was arrested late Monday, sought bail and warned he would want to fight extradition during a court appearance Tuesday.

Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency

CoinDesk

2022. Dec. 13. 21:47

Why Hong Kong Is Pushing for Its Own Central Bank Digital Currency As a global financial hub, Hong Kong has a vested interest in shaping the development of CBDCs and especially the systems in which they will transact across borders. But the U.S. should be concerned by its lack of full independence from mainland China.

Chelsea Manning: Crypto’s Privacy Problem Depends on Improving Its Technology

CoinDesk

2022. Dec. 13. 20:41

Chelsea Manning: Crypto’s Privacy Problem Depends on Improving Its Technology The whistleblower turned security consultant at blockchain startup Nym discusses why the issue of privacy is rooted in the underlying technology of crypto and why regulation is on the horizon.

2023: The Year Blockchain Becomes a Sustainability Solution

CoinDesk

2022. Dec. 13. 20:16

2023: The Year Blockchain Becomes a Sustainability Solution Blockchain's role in helping the environment can go far beyond energy footprints and carbon credits.

Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins

CoinDesk

2022. Dec. 13. 19:33

Crypto Market’s Near-Apocalypse in 2022 Turns Zombie Tokens Into Dead Coins The number of cryptocurrencies has dropped by about 1,000 since early 2022, the biggest-ever decline in the 13-year-old crypto industry’s volatile history, according to Statista. Analysts say project failures could be associated with no buyers or rug pulls.

Inside Sam Bankman-Fried's First Hearing After His Arrest

CoinDesk

2022. Dec. 13. 19:31

Inside Sam Bankman-Fried's First Hearing After His Arrest Bankman-Fried faces extradition to the United States from the Bahamas.

Inside Sam Bankman-Fried's First Bahamas Court Hearing After His Arrest

CoinDesk

2022. Dec. 13. 19:31

Inside Sam Bankman-Fried's First Bahamas Court Hearing After His Arrest Bankman-Fried faces extradition to the United States from the Bahamas.

Blockchain vs. Crypto: Not What It Seems

CoinDesk

2022. Dec. 13. 18:54

Blockchain vs. Crypto: Not What It Seems “Blockchain not bitcoin” emerged in 2018 as an attempt by enterprise projects to capitalize on the market’s performance woes – the new version does the same but swaps in “crypto” to reflect the ecosystem’s spread.

Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals

CoinDesk

2022. Dec. 13. 18:25

Binance's CZ Welcomes 'Stress Test' as Exchange Resumes USDC Withdrawals The world's largest crypto exchange by trading volume has endured a wave a withdrawals amid concerns about the exchange's reserves. Withdrawals of the stablecoin USDC were paused for several hours but have now resumed.

Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony

CoinDesk

2022. Dec. 13. 17:32

Silvergate Shares Drop to Fresh 2-Year Low Amid FTX Testimony The crypto-friendly bank announced earlier this month that it was a “victim” of the failed crypto exchange.

Brazil Central Bank Plans to Launch a CBDC in 2024

CoinDesk

2022. Dec. 13. 17:17

Brazil Central Bank Plans to Launch a CBDC in 2024 The central bank sees a digital currency as a way of increasing participation in the financial system.

John J. Ray III Warned Not to ‘Obstruct’ Bahamas FTX Probe as He Gives Testimony

CoinDesk

2022. Dec. 13. 16:44

John J. Ray III Warned Not to ‘Obstruct’ Bahamas FTX Probe as He Gives Testimony The Securities Commission said Ray had a "questionable agenda" as a row over bankruptcy proceedings deepens.

FTX CEO Warned Not to ‘Obstruct’ Bahamas Probe as He Gives Testimony

CoinDesk

2022. Dec. 13. 16:44

FTX CEO Warned Not to ‘Obstruct’ Bahamas Probe as He Gives Testimony The Securities Commission said John J. Ray III had a "questionable agenda" as a row over bankruptcy proceedings deepens.

With FTX’s Founder Facing Charges, New CEO Details Lack of Independence of FTX US

CoinDesk

2022. Dec. 13. 16:37

With FTX’s Founder Facing Charges, New CEO Details Lack of Independence of FTX US Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday.

With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash

CoinDesk

2022. Dec. 13. 16:37

With Founder Facing Charges, New CEO Says FTX Embezzled Customer Cash Despite assurances from founder Sam Bankman-Fried, the distinctions between crypto exchange FTX US and its international sibling were no more than superficial, John Ray III, the replacement CEO steering the company through bankruptcy, told lawmakers on Tuesday.

$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee

CoinDesk

2022. Dec. 13. 16:24

$1.6B FTX International Customers Group Hires Law Firm to Create Official Bankruptcy Committee There is “irreconcilable conflict" between the interests of FTX's international customers and those of other creditor groups, said Eversheds Sutherland Partner Sarah Paul.

FTX Debacle Could Lead to Crypto Legislation ‘Momentum’: Blockchain Association’s Kristin Smith

CoinDesk

2022. Dec. 13. 15:47

FTX Debacle Could Lead to Crypto Legislation ‘Momentum’: Blockchain Association’s Kristin Smith The executive director discusses why the fall of FTX was a “massive setback” for the industry but not the end for crypto, and what likely happened to the $73 million in political donations Sam Bankman-Fried made.

Grayscale Bitcoin Trust Discount Reaches Record 50%

CoinDesk

2022. Dec. 13. 15:22

Grayscale Bitcoin Trust Discount Reaches Record 50% The shares have not traded at a premium to bitcoin since last March.

Japan Was the Safest Place to Be an FTX Customer

CoinDesk

2022. Dec. 13. 15:17

Japan Was the Safest Place to Be an FTX Customer As regulators look to regulate exchanges in light of the FTX's collapse, they would do well to look to Japan, which has some of the most mature rules in the world, says our columnist.

How Crypto Can Avoid the Next FTX

CoinDesk

2022. Dec. 13. 15:14

How Crypto Can Avoid the Next FTX Blockchain tech and cryptographic standards like ZK-proofs can help crypto companies and protocols prove they’re solvent – even in times of crisis.

Cryptocurrencies: A Necessary Scam?

CoinDesk

2022. Dec. 13. 15:12

Cryptocurrencies: A Necessary Scam? Yes, Web3 is a bunch of bullshit. The problem is, compared to what?

Algorand Rises After Italy Selects Blockchain Protocol for Digital Guarantees Platform

CoinDesk

2022. Dec. 13. 15:01

Algorand Rises After Italy Selects Blockchain Protocol for Digital Guarantees Platform The new platform is expected to become operational in early 2023.

FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US Court

CoinDesk

2022. Dec. 13. 14:53

FTX Founder Sam Bankman-Fried Formally Charged With Conspiracy, Fraud in US Court U.S. prosecutors revealed a litany of charges against Sam Bankman-Fried, the founder and former CEO of crypto exchange FTX, including wire fraud, conspiracy to commit money laundering and campaign finance violations early Tuesday.

CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud

CoinDesk

2022. Dec. 13. 14:05

CFTC Sues Sam Bankman-Fried, Alameda Research for Fraud The filing says Bankman-Fried misrepresented the health of his companies, impacting the price of bitcoin and ether.

Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation

CoinDesk

2022. Dec. 13. 13:37

Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation Crypto traders were monitoring the U.S. government's monthly inflation report for signs of whether the Federal Reserve's monetary-policy tightening this year is helping to slow the pace of consumer price increases.

Crypto Exchange Binance Introduces Payments Service for US Customers

CoinDesk

2022. Dec. 13. 13:24

Crypto Exchange Binance Introduces Payments Service for US Customers Binance users in the U.S. are now able to use the exchange’s payments system, Binance Pay, to send money on their mobile app.

Crypto Exchange Binance.US Introduces Payments Service for US Customers

CoinDesk

2022. Dec. 13. 13:24

Crypto Exchange Binance.US Introduces Payments Service for US Customers Binance users in the U.S. are now able to use the exchange’s payments system, Binance Pay, to send money on their mobile app.

Crypto Exchange Binance.US Introduces Payments Service for Customers

CoinDesk

2022. Dec. 13. 13:24

Crypto Exchange Binance.US Introduces Payments Service for Customers Binance users in the U.S. are now able to use the exchange’s payments system, Binance Pay, to send money on their mobile app.

First Mover Americas: Bankman-Fried Arrested in Bahamas

CoinDesk

2022. Dec. 13. 13:04

First Mover Americas: Bankman-Fried Arrested in Bahamas The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 13, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains

CoinDesk

2022. Dec. 13. 13:00

DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains The South Korean company intends to use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks.

Crypto Miner Iris Energy Hit by Class Action Suit

CoinDesk

2022. Dec. 13. 12:52

Crypto Miner Iris Energy Hit by Class Action Suit The company failed to disclose that some of its mining equipment was owned through special purpose vehicles, the suit alleges.

Crypto Miner Iris Energy Hit by Class-Action Suit

CoinDesk

2022. Dec. 13. 12:52

Crypto Miner Iris Energy Hit by Class-Action Suit The company failed to disclose that some of its mining equipment was owned through special purpose vehicles, the suit alleges.

Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn

CoinDesk

2022. Dec. 13. 12:52

Class-Action Suit Against Crypto Miner Iris Energy Quickly Withdrawn The company failed to disclose that some of its mining equipment was owned through special purpose vehicles, the suit alleges.

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue

CoinDesk

2022. Dec. 13. 12:31

Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Trading Revenue The bank downgraded the trading platform to neutral from buy, with a lowered price target of $10.

Crypto Miner Hut 8 Hires Former IBM Executive as CFO

CoinDesk

2022. Dec. 13. 12:12

Crypto Miner Hut 8 Hires Former IBM Executive as CFO Canadian bitcoin mining firm Hut 8 (HUT) has hired Shenif Visram as its new chief financial officer (CFO), replacing Shane Downey who leaves the company following a 20-month tenure.

Bitcoin Hits One-Month High Ahead of US Inflation Data

CoinDesk

2022. Dec. 13. 12:11

Bitcoin Hits One-Month High Ahead of US Inflation Data Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term

CoinDesk

2022. Dec. 13. 11:35

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.

Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse

CoinDesk

2022. Dec. 13. 11:22

Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse The country's securities regulatory body will consider enforcement action if crypto companies do not comply.

US SEC Charges Sam Bankman-Fried for Defrauding FTX Investors

CoinDesk

2022. Dec. 13. 11:15

US SEC Charges Sam Bankman-Fried for Defrauding FTX Investors Bankman-Fried illegitimately used customer funds to support his lavish lifestyle and make political donations, the regulator alleged.

Cumberland Favors Bitcoin Option Trades to Profit From US CPI

CoinDesk

2022. Dec. 13. 10:42

Cumberland Favors Bitcoin Option Trades to Profit From US CPI Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation

CoinDesk

2022. Dec. 13. 10:00

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself.

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance

CoinDesk

2022. Dec. 13. 08:32

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance Binance hits $1.8 billion in withdrawals, while BNB drops 8% and value departs BSC-based DeFi protocols.

Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-Fried

CoinDesk

2022. Dec. 13. 06:15

Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-Fried House Financial Services Committee Chairwoman Maxine Waters said she was 'surprised' and 'disappointed' to hear of SBF's arrest.

SynFutures Says New V2 Upgrade Adds ‘Permissionless Listing’ of Futures

CoinDesk

2022. Dec. 13. 01:22

SynFutures Says New V2 Upgrade Adds ‘Permissionless Listing’ of Futures The upgrades include permissionless trading and improved user protections amid to widens accessibility of DeFi among retail investors, according to Singapore-based SynFutures.

US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit

CoinDesk

2022. Dec. 13. 01:08

US Judge in Ooki DAO Trial Orders CFTC to Serve Original Founders With Lawsuit Federal judge William Orrick said he did not previously know that Tom Bean and Kyle Kistner were current token-holders at Ooki DAO.

Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders

CoinDesk

2022. Dec. 13. 00:20

Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen.

First Mover Asia: QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024

CoinDesk

2022. Dec. 12. 23:58

First Mover Asia: QCP Capital Founder Sees Crypto Industry’s Immediate Future Tied to Genesis Debacle, Expects Rebound in 2024 During a panel discussion at Taipei Blockchain Week, Darius Sit noted the continued institutional adoption of the crypto options and derivatives market, among industry high points; former FTX CEO Sam Bankman-Fried arrested.

FTX Founder Sam Bankman-Fried Arrested, Bahamas Says

CoinDesk

2022. Dec. 12. 23:35

FTX Founder Sam Bankman-Fried Arrested, Bahamas Says The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, a press statement said.

FTX Founder Sam Bankman-Fried Arrested in The Bahamas

CoinDesk

2022. Dec. 12. 23:35

FTX Founder Sam Bankman-Fried Arrested in The Bahamas The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, a press statement said.

US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify

CoinDesk

2022. Dec. 12. 22:41

US Senators Rebuke Sam Bankman-Fried for Refusing Invitations to Testify Former FTX CEO Sam Bankman-Friend has rebuffed attempts from the top members of the Senate Banking Committee to get him to testify, despite a willingness to participate in several other interviews and a similar hearing in the House of Representatives.

Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows

CoinDesk

2022. Dec. 12. 22:39

Polygon’s NFT Market Demonstrates Signs of Significant Increased Adoption, but Not Growth in Sale Volume, Nansen Data Shows Amid a crypto winter exacerbated by the FTX fallout, first-time and returning buyers have reached all-time highs in Polygon’s non-fungible token market. Yet, sales volumes are near all-time lows.

Crypto Markets Today: Binance a Target of Federal Probe

CoinDesk

2022. Dec. 12. 22:15

Crypto Markets Today: Binance a Target of Federal Probe Industry woes widened on Monday with a Reuters report that U.S. prosecutors are considering criminal charges against Binance and individual senior executives, including CEO Changpeng Zhao. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion

CoinDesk

2022. Dec. 12. 21:44

SEC Strikes Back in Grayscale Suit Over GBTC ETF Conversion The SEC is holding firm that its decision to reject Grayscale's bitcoin ETF bid was proper.

Terra Validators Grant $900K to Security Auditor SCV

CoinDesk

2022. Dec. 12. 21:33

Terra Validators Grant $900K to Security Auditor SCV SCV will try to maintain a "bare minimum" of security across the Terra ecosystem.

In the Wake of Collapse, FTX Fortune Cookies Are Still on the Menu

CoinDesk

2022. Dec. 12. 21:07

In the Wake of Collapse, FTX Fortune Cookies Are Still on the Menu The partnership between a fortune cookie advertising agency and the bankrupt crypto exchange is an unfortunate relic of the past.

FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House Testimony

CoinDesk

2022. Dec. 12. 20:43

FTX US 'Was Not Independent' of Parent Company, New FTX CEO Will Say in House Testimony FTX CEO John Ray III is scheduled to testify before the House Financial Services Committee on Tuesday.

Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits

CoinDesk

2022. Dec. 12. 20:22

Chainlink Whale ‘Oldwhite’ Used More Than 150 Wallets to Avoid Staking Limits The crypto wallet labeled “Oldwhite” on OpenSea is connected to over 1 million staked LINK tokens, blockchain data shows, even though Chainlink officials tried to get "greater inclusion" from a broad base of participants by limiting each wallet to 7,000 LINK tokens.

The Birth of the (Network) Nations

CoinDesk

2022. Dec. 12. 20:03

The Birth of the (Network) Nations Balaji Srinivasan says modern states are geographically concentrated but ideologically un-aligned. So what about states where online communities are in lockstep but geographically dispersed? That's the idea behind his new book, one of the big crypto-themed ideas of the last year.

Birth of the Network Nations

CoinDesk

2022. Dec. 12. 20:03

Birth of the Network Nations Balaji Srinivasan says "network states" – Web3 communities with the capacity for collective actions – can replace traditional geographically-bounded states. His thesis, laid out in a new book, is one of the BIG IDEAs of the last year.

Adoption of DeFi, ZK Tech, NFTs and More Will Continue to Increase in 2023

CoinDesk

2022. Dec. 12. 20:01

Adoption of DeFi, ZK Tech, NFTs and More Will Continue to Increase in 2023 The crises of the past year obscured genuine growth in promising crypto industries, writes Pantera Capital General Partner Paul Veradittakit. Expanding on these themes will drive growth in the coming year.

10 Questions for FTX CEO John J. Ray III From a Securities Lawyer

CoinDesk

2022. Dec. 12. 19:43

10 Questions for FTX CEO John J. Ray III From a Securities Lawyer In his recent media tour, disgraced founder Sam Bankman-Fried claims he did not commit fraud. Someone that still has access to FTX and Alameda Research’s accounts could prove otherwise.

Coinbase Says Law Enforcement Requests Rose 66% From Year Ago

CoinDesk

2022. Dec. 12. 19:41

Coinbase Says Law Enforcement Requests Rose 66% From Year Ago The number of requests from the U.S., which accounted for about 43% of the total, increased by 6%.

Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy

CoinDesk

2022. Dec. 12. 18:35

Bitcoin Miner Argo Blockchain Says It's Close to Restructuring Without Having to Declare Bankruptcy The London-based company warned, however, that there's no reassurance it will be able to do so.

Pro-Crypto EU Lawmaker Eva Kaili Set to Lose Vice-Presidency Amid Corruption Probe

CoinDesk

2022. Dec. 12. 17:33

Pro-Crypto EU Lawmaker Eva Kaili Set to Lose Vice-Presidency Amid Corruption Probe Kaili, actively involved in European Parliament discussions on cryptocurrency and NFTs, has already been suspended from her party following allegations of lobbying by Qatar

Chinese Police Arrest 63 People Accused of Laundering $1.7B Using Cryptocurrency

CoinDesk

2022. Dec. 12. 16:54

Chinese Police Arrest 63 People Accused of Laundering $1.7B Using Cryptocurrency The illicit funds were converted into tether and then laundered by people around the world, authorities said.

Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin

CoinDesk

2022. Dec. 12. 16:00

Bermuda Digital Bank Jewel Issues ‘Fully-Backed’ Stablecoin The Jewel USD stablecoin will be launching on Polygon.

Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M

CoinDesk

2022. Dec. 12. 15:40

Bitcoin Group Agrees to Buy German Bank Bankhaus von der Heydt for More Than $15M The transaction is expected to be completed by the third quarter, 2023.

Crypto 2023: It's Sanctions Season

CoinDesk

2022. Dec. 12. 15:30

Crypto 2023: It's Sanctions Season With state governments increasing financial sanctions in 2022, crypto services might become as cautious about "risky" users as banks have been traditionally, says Anna Baydakova.

Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts

CoinDesk

2022. Dec. 12. 15:03

Bitcoin Mining Firm TeraWulf Raises $10M in New Capital to Repay Some of Its Debts The Maryland-based mining company also said it has restructured a previous agreement with Bitmain to add 8,200 new machines to its fleet.

What the IMF Can Teach Binance About Crypto Bailouts

CoinDesk

2022. Dec. 12. 14:26

What the IMF Can Teach Binance About Crypto Bailouts In the aftermath of the FTX fiasco, the world’s largest crypto exchange is rushing to backstop failing firms and protocols. Should it?

Where Is the Ethereum Virtual Machine Headed in 2023? (Hint: Beyond Ethereum)

CoinDesk

2022. Dec. 12. 14:22

Where Is the Ethereum Virtual Machine Headed in 2023? (Hint: Beyond Ethereum) With apps like Uniswap exploring Layer 2s, dYdX building on Cosmos and the rise of appchains on Cosmos next year seems fit for an explosion of EVM experimentation.

How Crypto Can Repair Its Reputation in Washington

CoinDesk

2022. Dec. 12. 14:20

How Crypto Can Repair Its Reputation in Washington Trust in the industry is at an all-time low, but key stakeholders can still rebuild relationships with regulators and politicians by focusing on what makes crypto unique: trustlessness.

First Mover Americas: Cathie Wood’s Ark Buys More COIN; Do Kwon is in Serbia

CoinDesk

2022. Dec. 12. 14:08

First Mover Americas: Cathie Wood’s Ark Buys More COIN; Do Kwon is in Serbia The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 12, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Insurance Firm Evertas Bucks Bear Market With $14M Raise

CoinDesk

2022. Dec. 12. 14:00

Crypto Insurance Firm Evertas Bucks Bear Market With $14M Raise The Series A round was led by Polychain Capital and also included SinoGlobal Capital, Morgan Creek and Balaji Srinivasan.

Goldman: Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain

CoinDesk

2022. Dec. 12. 12:49

Goldman: Regulators Should Protect Crypto Investors at the Point of Trust, Not the Blockchain Recent crises in the crypto market repeat a story as old as time, with a new asset attracting unsophisticated investors looking to make millions, the report said.

US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters

CoinDesk

2022. Dec. 12. 12:31

US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters The Department of Justice has also discussed possible plea deal with Binance's lawyers, the report added.

US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters

CoinDesk

2022. Dec. 12. 12:31

US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters The Department of Justice has also discussed possible plea deal with Binance's lawyers, the report added.

Crypto Payments App MoonPay Gains UK Regulator Registration

CoinDesk

2022. Dec. 12. 10:50

Crypto Payments App MoonPay Gains UK Regulator Registration The crypto payments app was registered with the Financial Conduct Authority as of Friday, signifying compliance with money laundering rules.

Ark Invest Adds Coinbase Stock as Crypto Exchange's Price Slides

CoinDesk

2022. Dec. 12. 09:44

Ark Invest Adds Coinbase Stock as Crypto Exchange's Price Slides Cathie Wood's Ark Investment Management bought 78,982 shares in cryptocurrency exchange Coinbase (COIN) on Friday.

Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports

CoinDesk

2022. Dec. 12. 09:05

Terra's Do Kwon Is in Serbia, CoinDesk Korea Reports The Terraform Labs co-founder is wanted in South Korea, backed by Interpol.

Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June

CoinDesk

2022. Dec. 12. 08:40

Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.

Tron's USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June

CoinDesk

2022. Dec. 12. 08:40

Tron's USDD Stablecoin Falls to Under 97 Cents, Lowest Level Since June The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.

Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral

CoinDesk

2022. Dec. 12. 03:53

Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project's MPL token has plunged, and depositors are likely to stomach big losses. Here's how it happened, and what comes next.

First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate

CoinDesk

2022. Dec. 11. 23:35

First Mover Asia: Uniswap ‘Fee Switch’ Proposal for Popular Ether Pools Stirs Up Community Debate Some see the proposed pilot project as an “important step,” while others say it may lead to reduced trading activity.

Goldman Sachs Is Trying to Make Blockchain Bonds Happen

CoinDesk

2022. Dec. 11. 15:50

Goldman Sachs Is Trying to Make Blockchain Bonds Happen The killer app won’t come from private, permissioned blockchains used to settle bond placements by huge, multinational investment banks. Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor.

Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped

CoinDesk

2022. Dec. 09. 23:36

Class Action Lawsuit Against FTX’s Celebrity Promoters and Sam Bankman-Fried Is Quietly Dropped A class action lawsuit filed against former FTX CEO Sam Bankman-Fried and a host of paid celebrity promoters for the now-defunct crypto exchange has been dropped.

Class Action Lawsuit Against Sam Bankman-Fried and Celebrity FTX Promoters Gets a New Judge in Miami

CoinDesk

2022. Dec. 09. 23:36

Class Action Lawsuit Against Sam Bankman-Fried and Celebrity FTX Promoters Gets a New Judge in Miami The lawsuit is one of many class-action suits filed against FTX in the month since its collapse.

Class-Action Lawsuit Against Sam Bankman-Fried and Celebrity FTX Promoters Gets a New Judge in Miami

CoinDesk

2022. Dec. 09. 23:36

Class-Action Lawsuit Against Sam Bankman-Fried and Celebrity FTX Promoters Gets a New Judge in Miami The lawsuit is one of many class-action suits filed against FTX in the month since its collapse.

EU Lawmaker Kaili Suspended From Party in Corruption Scandal

CoinDesk

2022. Dec. 09. 22:51

EU Lawmaker Kaili Suspended From Party in Corruption Scandal European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying activity for Qatar.

Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries

CoinDesk

2022. Dec. 09. 22:30

Crypto Markets Today: Exposed Alameda Research Loans to Media Site The Block and Its CEO Adds to FTX’s Miseries The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme'

CoinDesk

2022. Dec. 09. 22:19

Bieber, Madonna Among Dozens of Celebs Named in Lawsuit Alleging Yuga Labs NFT 'Scheme' The suit claims that celebrity endorsements of Bored Ape Yacht Club NFTs and ApeCoin tokens resulted in financial loss for investors. Yuga Labs called the allegations ""opportunistic and parasitic."

Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US

CoinDesk

2022. Dec. 09. 21:13

Shares of Bitcoin Miner Argo Blockchain Suspended in UK and US   The struggling firm said at the end of October that it might have to cease operations if it was unable to secure additional financing.

AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review

CoinDesk

2022. Dec. 09. 20:53

AI-Related Tokens Surge as Maple, Ren Fall: CoinDesk Market Index Week in Review AI platform Fetch.ai’s native token FET surged 80% in the past five days, according to data from CoinDesk Market Index.

Binance Suspends Account of Customer for Being ‘Unreasonable’

CoinDesk

2022. Dec. 09. 20:33

Binance Suspends Account of Customer for Being ‘Unreasonable’ The user, who goes by the name "CoinMamba" on Twitter, started criticizing the exchange after some of his funds allegedly got stolen on his Binance account, but the exchange cited threats made to its customer service team in explaining the suspension.

Polygon Studios CEO: Our Company Is a ‘Funnel’ for Big Brand Partnerships

CoinDesk

2022. Dec. 09. 19:41

Polygon Studios CEO: Our Company Is a ‘Funnel’ for Big Brand Partnerships Ryan Wyatt discusses why consumer brands looking to jump into Web3 are flocking to his company.

Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO

CoinDesk

2022. Dec. 09. 19:28

Sam Bankman-Fried’s Alameda Research Secretly Funded Crypto Media Site The Block and Its CEO CEO Michael McCaffrey has resigned as a result of the loans coming to light, The Block confirmed.

ChatGPT Will Kill Search and Open a Path to Web3

CoinDesk

2022. Dec. 09. 17:30

ChatGPT Will Kill Search and Open a Path to Web3 The latest offering from OpenAI, with its ability to immediately answer questions, could end our dependence on Google and its advertising model and force companies to use NFTs to generate revenue.

Uniswap Foundation Proposes Changes to Crypto DEX's Governance, Voting Processes

CoinDesk

2022. Dec. 09. 17:01

Uniswap Foundation Proposes Changes to Crypto DEX's Governance, Voting Processes The proposal, which will be brought to a vote next week, aims to reduce friction in governance by reframing the steps that bring proposals to votes.

FalconX Discloses Assets Locked on FTX

CoinDesk

2022. Dec. 09. 16:58

FalconX Discloses Assets Locked on FTX The crypto trading firm says it can take the pain.

India Looks to Coordinate Global Crypto Rulemaking as It Assumes G-20 Presidency

CoinDesk

2022. Dec. 09. 15:57

India Looks to Coordinate Global Crypto Rulemaking as It Assumes G-20 Presidency India has taken over the G-20 – an intergovernmental forum of some of the world’s largest economies – just as much of the world is pondering whether stricter regulation of crypto is needed.

Bitcoin's Lightning Network Could Be Getting a Privacy Upgrade

CoinDesk

2022. Dec. 09. 15:56

Bitcoin's Lightning Network Could Be Getting a Privacy Upgrade One new standard being developed by Blockstream is already running on the company’s Core Lightning implementation.

Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed

CoinDesk

2022. Dec. 09. 15:45

Crypto.com Releases Proof-of-Reserves Data Showing Client Assets Are Fully Backed The examination was done by auditing firm Mazars.

EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws

CoinDesk

2022. Dec. 09. 14:14

EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws A final vote on the law has been repeatedly pushed back, even though a deal was struck in June.

Sam Bankman-Fried, CZ Battle It Out on Twitter Over Binance's Exit from FTX

CoinDesk

2022. Dec. 09. 14:11

Sam Bankman-Fried, CZ Battle It Out on Twitter Over Binance's Exit from FTX The former FTX CEO and current Binance CEO disagree on the details of FTX's buyout of Binance's investment in it last year.

Mizuho Downgrades Crypto Exchange Coinbase to ‘Underperform,’ Cuts Price Target to $30

CoinDesk

2022. Dec. 09. 13:51

Mizuho Downgrades Crypto Exchange Coinbase to ‘Underperform,’ Cuts Price Target to $30 The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.

Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target

CoinDesk

2022. Dec. 09. 13:51

Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.

First Mover Americas: It’s Time to Come Clean About Those Crypto Losses

CoinDesk

2022. Dec. 09. 13:37

First Mover Americas: It’s Time to Come Clean About Those Crypto Losses The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 9, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Grayscale, in the Spotlight as GBTC Discount Widens, Says DeFi Fund Now Trading

CoinDesk

2022. Dec. 09. 13:30

Grayscale, in the Spotlight as GBTC Discount Widens, Says DeFi Fund Now Trading The debut of the "DEFG" fund in over-the-counter markets comes as Grayscale’s largest fund, the Grayscale Bitcoin Trust (GBTC), is under distress and at the center of crypto-market speculation.

Japanese Regulator Extends FTX Japan’s Suspension as Users Wait for Their Funds

CoinDesk

2022. Dec. 09. 12:58

Japanese Regulator Extends FTX Japan’s Suspension as Users Wait for Their Funds The Financial Services Agency ordered that operations stay suspended for another three months.

Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group

CoinDesk

2022. Dec. 09. 12:26

Bernstein Says Saving Grayscale Will Come at a Cost for Digital Currency Group A feasible deal could involve a large minority partner or a buy-out like structure led by more strategic partners, Bernstein said.

FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee

CoinDesk

2022. Dec. 09. 12:20

FTX's Sam Bankman-Fried to Testify in Front of US House Financial Committee The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."

Sam Bankman-Fried Agrees to Testify Before US House Financial Committee

CoinDesk

2022. Dec. 09. 12:20

Sam Bankman-Fried Agrees to Testify Before US House Financial Committee The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."

FTX Revival Proposal Supported by Sam Bankman-Fried Lifts FTT Token

CoinDesk

2022. Dec. 09. 11:33

FTX Revival Proposal Supported by Sam Bankman-Fried Lifts FTT Token Sam Bankman-Fried came out in support of crypto influencer Ran Neuner's FTX revival idea, sending the exchange's battered FTT tokens higher.

Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs

CoinDesk

2022. Dec. 09. 09:59

Crypto Miner Hive Cuts Computing Power Forecast for Intel Chip-Based Rigs The Canadian firm said it would receive 5,800 machines by end-January, raking in upwards of 630 PH/s.

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report

CoinDesk

2022. Dec. 09. 09:29

Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report Hong Kong-based cryptocurrency trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea FC, according to a Bloomberg report.

UK Extends Crypto Tax Break for Investment Managers in Financial Reforms

CoinDesk

2022. Dec. 09. 08:11

UK Extends Crypto Tax Break for Investment Managers in Financial Reforms Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub.

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC

CoinDesk

2022. Dec. 09. 05:13

Crypto Exchange Coinbase Asks Users to Switch USDT for USDC Coinbase highlights questions about Tether reserves in campaign to get users over to USDC.

First Mover Asia: Tokocrypto Token Holders Benefit From Reports of Binance Acquiring the Indonesian Exchange

CoinDesk

2022. Dec. 09. 00:09

First Mover Asia: Tokocrypto Token Holders Benefit From Reports of Binance Acquiring the Indonesian Exchange A Tokocrypto spokesperson would not confirm the deal, which has been widely reported by regional media. Binance is a Tokocrypto investor; bitcoin jumps back above $17K.

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes

CoinDesk

2022. Dec. 08. 22:44

Crypto Markets Today: Record Grayscale Bitcoin Trust Discount Widens Industry Woes The fallout from crypto exchange FTX’s implosion continued as data showed the GBTC discount rate to bitcoin hitting a record high. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days

CoinDesk

2022. Dec. 08. 22:08

Chainlink’s First Staking Pool Pulls in $170M of LINK Tokens, Hitting Community Limit After 2 Days Staking started Tuesday, and 24.27 million LINK tokens were locked in by Thursday to secure the network.

SEC Tells US-Listed Companies They’d Better Disclose Crypto Damage

CoinDesk

2022. Dec. 08. 21:26

SEC Tells US-Listed Companies They’d Better Disclose Crypto Damage The U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets.

Former White House Adviser: Biden's Executive Order on Crypto Is 'Balanced' but ‘Gaps’ Remain

CoinDesk

2022. Dec. 08. 21:07

Former White House Adviser: Biden's Executive Order on Crypto Is 'Balanced' but ‘Gaps’ Remain Carole House, co-author of President Biden’s executive order on crypto, discusses why the framework is “balanced” in mitigating risks but still has existing gaps.

US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact

CoinDesk

2022. Dec. 08. 20:13

US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact U.S. Senators Ed Markey and Jeff Merkley and Rep. Jared Huff introduced a bill Thursday that would, if passed, direct the Environmental Protection Agency to study the energy usage and environmental impact of crypto mining.

Most Underreported Trend in 2022: Crypto Is Embracing Mobile

CoinDesk

2022. Dec. 08. 19:59

Most Underreported Trend in 2022: Crypto Is Embracing Mobile You can have your metaverse and VR headsets, writes Boyd Cohen in this op-ed. In 10 years he predicts the masses will still be in the real world using smartphones, so if you are a crypto evangelist, jump on the mobile bandwagon.

US Watchdog Says Banks Shying Away from Stumbling Crypto Industry

CoinDesk

2022. Dec. 08. 18:00

US Watchdog Says Banks Shying Away from Stumbling Crypto Industry U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acting chief of the Office of the Comptroller of the Currency (OCC).

NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire

CoinDesk

2022. Dec. 08. 17:00

NFT Marketplace Magic Eden Pushes Further Into Gaming With New Hire Chris Akhavan will take on the new role of Chief Gaming Officer to build the marketplace’s Web3 gaming strategy following its expansion to the Polygon network.

Grayscale Bitcoin Trust Discount Widens to Record High Near 50%

CoinDesk

2022. Dec. 08. 16:56

Grayscale Bitcoin Trust Discount Widens to Record High Near 50% The shares have not traded at a premium to bitcoin since March 2021

Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years

CoinDesk

2022. Dec. 08. 16:48

Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto and none were less inclined a report by the Official Monetary and Financial Institutions showed.

Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report

CoinDesk

2022. Dec. 08. 16:30

Leader of Suspected Russian Ponzi Scheme Is Arrested in UAE: Report Edvard Sabirov's arrest leaves just one of the four known leaders of Finiko at large.

Crypto Hedge Fund BKCoin Fired Co-Founder Kang Over Misappropriated Investor Funds

CoinDesk

2022. Dec. 08. 16:21

Crypto Hedge Fund BKCoin Fired Co-Founder Kang Over Misappropriated Investor Funds An ongoing case in a Florida district court alleges Kang misused $12 million in investor assets.

Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy

CoinDesk

2022. Dec. 08. 15:47

Hedge Fund Presidio Trading to Spin Out Crypto Market Tail Risk Strategy Tail risk investment strategies look to reduce overall portfolio risk by outperforming during an unexpected downturn, but do so at the cost of lower returns in a bull market.

Ethereum Developers Target March 2023 for Release of Staked Ether

CoinDesk

2022. Dec. 08. 15:39

Ethereum Developers Target March 2023 for Release of Staked Ether Staked ETH withdrawals are coming in the spring of 2023, while proto-danksharding will follow in the subsequent hard fork in the fall

FTX Bankruptcy Managers Hire Forensic Investigators AlixPartners: WSJ

CoinDesk

2022. Dec. 08. 15:23

FTX Bankruptcy Managers Hire Forensic Investigators AlixPartners: WSJ The team, led by former SEC accountant Matt Jacques, is tasked with tracking billions of dollars that disappeared from FTX.

South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report

CoinDesk

2022. Dec. 08. 15:17

South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report The Wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.

2022 – Crypto Markets: A Year in Review

CoinDesk

2022. Dec. 08. 13:45

2022 – Crypto Markets: A Year in Review 2022 has been a difficult year for cryptocurrency. Coming off euphoric highs from the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of new projects like TerraLuna, bankruptcies of CeFi companies like Celsius and Voyager Digital and a climactic downfall of the FTX exchange.

2022 – Crypto Markets: A Year in Review

CoinDesk

2022. Dec. 08. 13:45

2022 – Crypto Markets:   A Year in Review 2022 has been a difficult year for cryptocurrency. Coming off euphoric highs from the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of new projects like TerraLuna, bankruptcies of CeFi companies like Celsius and Voyager Digital and a climactic downfall of the FTX exchange.

2022 – Crypto Markets: A Year in Review

CoinDesk

2022. Dec. 08. 13:45

2022 – Crypto Markets:  A Year in Review 2022 has been a difficult year for cryptocurrency. Coming off euphoric highs from the year before, the crypto market has endured an environment of tightening monetary policy, which led to sell-offs, implosions of new projects like TerraLuna, bankruptcies of CeFi companies like Celsius and Voyager Digital and a climactic downfall of the FTX exchange.

First Mover Americas: Mr. Bankman-Fried Must Go to Washington

CoinDesk

2022. Dec. 08. 13:36

First Mover Americas: Mr. Bankman-Fried Must Go to Washington The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 8, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

EU to Make Crypto Companies Report Tax Details to Authorities

CoinDesk

2022. Dec. 08. 12:53

EU to Make Crypto Companies Report Tax Details to Authorities The European Commission is going a step further than its crypto law MiCA as it seeks to tackle tax evasion

Hong Kong Amends Finance Law to Incorporate Crypto Firms

CoinDesk

2022. Dec. 08. 12:53

Hong Kong Amends Finance Law to Incorporate Crypto Firms Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June next year.

Ether Breaks Trendline From Previous Bear Cycle Lows

CoinDesk

2022. Dec. 08. 12:40

Ether Breaks Trendline From Previous Bear Cycle Lows The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said.

Kim Kardashian Wins Investor Lawsuit Over EthereumMax

CoinDesk

2022. Dec. 08. 12:35

Kim Kardashian Wins Investor Lawsuit Over EthereumMax A California district judge decided to dismiss the motion because the complainant was not able to supply sufficient facts.

Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform

CoinDesk

2022. Dec. 08. 10:00

Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges.

PayPal Expands Crypto Service Into Luxembourg

CoinDesk

2022. Dec. 08. 09:58

PayPal Expands Crypto Service Into Luxembourg PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.

PayPal Expands Crypto Service Into Luxembourg in First EU Foray

CoinDesk

2022. Dec. 08. 09:58

PayPal Expands Crypto Service Into Luxembourg in First EU Foray PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.

Crypto Options Exchange Deribit Registered Record Trading Volume in November

CoinDesk

2022. Dec. 08. 08:14

Crypto Options Exchange Deribit Registered Record Trading Volume in November Deribit was busier than ever as FTX-induced uncertainty boosted demand for options or hedging instruments.

Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg

CoinDesk

2022. Dec. 08. 03:36

Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg Celsius filed a motion in September to return crypto to customers who held assets in such accounts.

Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP

CoinDesk

2022. Dec. 08. 03:08

Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP The DJs and NFT enthusiasts are teaming up on an "audio-visual IRL-meets-metaverse supergroup."

Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily

CoinDesk

2022. Dec. 08. 00:35

Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday.

First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings

CoinDesk

2022. Dec. 07. 23:57

First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.

Crypto Markets Today: Gensler Restates SEC’s Crypto Authority

CoinDesk

2022. Dec. 07. 22:03

Crypto Markets Today: Gensler Restates SEC’s Crypto Authority The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report

CoinDesk

2022. Dec. 07. 22:00

House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report A hearing on what happened to FTX is scheduled to take place on Tuesday.

Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’

CoinDesk

2022. Dec. 07. 21:10

Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’ This "Merge" will mark the second time in blockchain history that a chain swaps out its old model for proof-of-stake

Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters

CoinDesk

2022. Dec. 07. 20:22

Canada’s Largest Pension Fund No Longer Mulling Crypto Investment: Reuters CPP Investment has nearly $400 billion in assets under management.

'Do You Believe In Second Chances?' Another DAO is Raising Funds to Buy a Copy of the US Constitution

CoinDesk

2022. Dec. 07. 20:19

'Do You Believe In Second Chances?' Another DAO is Raising Funds to Buy a Copy of the US Constitution Inspired by ConstitutionDAO's attempt last year, the unaffiliated ConstitutionDAO2 raised $34,000 in public contributions on its first day.

Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022

CoinDesk

2022. Dec. 07. 20:01

Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022 Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year.

Gensler Says SEC Is Fine Going After Crypto With Its Current Authority

CoinDesk

2022. Dec. 07. 18:00

Gensler Says SEC Is Fine Going After Crypto With Its Current Authority Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), isn’t waiting for new powers from Congress in order to enforce securities laws against crypto companies, though he said Wednesday that it would be good to have more money and additional reach beyond U.S. borders.

US Sen. Cynthia Lummis: Ether Is Now a Security; My Bill Might Have Stopped FTX

CoinDesk

2022. Dec. 07. 17:59

US Sen. Cynthia Lummis: Ether Is Now a Security; My Bill Might Have Stopped FTX The Wyoming Republican says the second-largest cryptocurrency was transformed by the Ethereum Merge.

South Korea’s Central Bank Wants to Oversee Stablecoins

CoinDesk

2022. Dec. 07. 17:50

South Korea’s Central Bank Wants to Oversee Stablecoins The country joins other jurisdictions in proposing standards for stablecoin issuance.

Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project

CoinDesk

2022. Dec. 07. 17:42

Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers.

Blockchain Entrepreneur Arrested in California on Fraud Charges

CoinDesk

2022. Dec. 07. 17:20

Blockchain Entrepreneur Arrested in California on Fraud Charges Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens.

Be Patient: Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time

CoinDesk

2022. Dec. 07. 17:16

Be Patient: Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time The former wonder boy could be behind bars for the rest of his life, according to U.S. federal sentencing guidelines.

Number of Brazilian Companies Transacting With Digital Assets Increased Again in October

CoinDesk

2022. Dec. 07. 16:44

Number of Brazilian Companies Transacting With Digital Assets Increased Again in October More than 41,000 Brazilian firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal.

Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze

CoinDesk

2022. Dec. 07. 16:38

Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX.

Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall

CoinDesk

2022. Dec. 07. 16:17

Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week.

ECB Official Says Energy-Intensive Crypto Should Be Banned

CoinDesk

2022. Dec. 07. 15:33

ECB Official Says Energy-Intensive Crypto Should Be Banned Fabio Panetta likened the ecosystem to gambling and a Ponzi scheme.

UK Regulator Is Firming Up Its Approach to Crypto Oversight

CoinDesk

2022. Dec. 07. 15:11

UK Regulator Is Firming Up Its Approach to Crypto Oversight The Payment Systems Regulator will be looking at what happens if a crypto payment system goes wrong and the measures needed to protect consumers against fraud, Nick Davey, a Payment Specialist, told CoinDesk in an interview.

DeFi Protocol Perennial Launches with $12M Fundraise

CoinDesk

2022. Dec. 07. 15:00

DeFi Protocol Perennial Launches with $12M Fundraise Polychain Capital and Variant co-led the round for the decentralized derivatives protocol.

DeFi Protocol Perennial Launches, Announces $12M in Funding

CoinDesk

2022. Dec. 07. 15:00

DeFi Protocol Perennial Launches, Announces $12M in Funding Polychain Capital and Variant co-led the round for the decentralized derivatives protocol.

Binance's Bitcoin Reserves Are Overcollateralized, Auditor Says

CoinDesk

2022. Dec. 07. 14:38

Binance's Bitcoin Reserves Are Overcollateralized, Auditor Says Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.

Binance's Bitcoin Reserves Are Overcollateralized, New Report Says

CoinDesk

2022. Dec. 07. 14:38

Binance's Bitcoin Reserves Are Overcollateralized, New Report Says Mazars performed a proof-of-reserves and proof-of-liabities audit on the centralized exchange.

OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges

CoinDesk

2022. Dec. 07. 14:18

OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges OneCoin was a $4 billion ponzi scheme.

Crypto Exchange Binance.US Eliminates Trading Fees for Ether

CoinDesk

2022. Dec. 07. 14:00

Crypto Exchange Binance.US Eliminates Trading Fees for Ether The exchange will also offer additional trading fee discounts to customers who pay their trading fees with BNB tokens.

Argentine Government Creates National Blockchain Committee

CoinDesk

2022. Dec. 07. 13:59

Argentine Government Creates National Blockchain Committee The initiative seeks to promote the development of public policies and technological solutions based on blockchain.

First Mover Americas: Grayscale in Investor's Crosshairs

CoinDesk

2022. Dec. 07. 13:28

First Mover Americas: Grayscale in Investor's Crosshairs The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 7, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Attacker Targets Wealthy Crypto Funds Using Telegram Chats

CoinDesk

2022. Dec. 07. 13:07

Attacker Targets Wealthy Crypto Funds Using Telegram Chats Exchange owners cautioned against downloads of malicious as attackers zeroed in on gullible users with a very relevant and specific narrative.

What Does an AI Chatbot ‘Think’ About DeFi? We Asked ChatGPT

CoinDesk

2022. Dec. 07. 12:30

What Does an AI Chatbot ‘Think’ About DeFi? We Asked ChatGPT ChatGPT, CoinDesk’s new, robot-guest contributor, explains how AI might help (and harm) the future of DeFi.

Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency

CoinDesk

2022. Dec. 07. 12:06

Zodia Custody Introduces Service to Protect Against Crypto Exchange Insolvency The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges.

Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency

CoinDesk

2022. Dec. 07. 12:06

Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency The crypto storage provider has rolled out a new service designed to protect clients' digital assets from insolvency of crypto exchanges.

Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case

CoinDesk

2022. Dec. 07. 11:52

Three Arrow Capital's Zhu, Davies Subpoenaed in US Bankruptcy Case The New York Bankruptcy Court wants to gain information about the collapsed crypto hedge fund’s founders and investment managers

DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX

CoinDesk

2022. Dec. 07. 10:39

DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX The plan will see Mercurial launch its popular products as a separate project under the name Meteora.

Chainlink Staking Opens With Initial $51 Million Inflow

CoinDesk

2022. Dec. 07. 10:37

Chainlink Staking Opens With Initial $51 Million Inflow The company launched staking on its platform on Tuesday.

Chainlink Staking Opens With Initial $51M Inflow

CoinDesk

2022. Dec. 07. 10:37

Chainlink Staking Opens With Initial $51M Inflow The company launched staking on its platform on Tuesday.

Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says

CoinDesk

2022. Dec. 07. 10:32

Binance Generates 90% of Revenue From Transaction Fees, Changpeng Zhao Says Cryptocurrency exchange Binance generates 90% of its revenue from transaction fees, CEO Changpeng "CZ" Zhao said.

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders

CoinDesk

2022. Dec. 07. 09:20

Rally in Crypto Game Axie's AXS Token Faces Skepticism From Derivative Traders With a favorable environment for alternative cryptocurrencies far away, a rise in open interest in AXS futures implies traders shorting the rally, one trader said.

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg

CoinDesk

2022. Dec. 07. 08:22

Crypto Infrastructure Firm Blockstream Seeks to Raise Funds at 70% Lower Valuation: Bloomberg The under $1 billion valuation is a far cry from the $3.2 billion valuation it had received in 2021.

DeFi Protocol Sushi Proposes 'Immediate' Action to Support Its Treasury

CoinDesk

2022. Dec. 07. 07:50

DeFi Protocol Sushi Proposes 'Immediate' Action to Support Its Treasury Developers proposed to divert 100% of fees generated on the platform to SushiSwap’s multisig for one year or until new tokenomics are implemented.

DeFi Protocol SushiSwap Proposes 'Immediate' Action to Support Its Treasury

CoinDesk

2022. Dec. 07. 07:50

DeFi Protocol SushiSwap Proposes 'Immediate' Action to Support Its Treasury Developers proposed to divert 100% of fees generated on the platform to SushiSwap’s multisig for one year or until new tokenomics are implemented.

US Lawmakers Want State Department to Disclose Crypto Rewards

CoinDesk

2022. Dec. 07. 06:37

US Lawmakers Want State Department to Disclose Crypto Rewards The State Department will have to report on payments it makes in crypto and their effects, according to a draft of the NDAA.

Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire

CoinDesk

2022. Dec. 07. 03:10

Early Bitcoin Pioneer Ian Freeman Goes to Trial in New Hampshire CONCORD, New Hampshire — Federal prosecutors say early bitcoin pioneer and Libertarian activist Ian Freeman and a group of his associates helped scammers and other criminals launder more than $10 million using bitcoin through a network of bitcoin vending machines and in-person and virtual cash-for-bitcoin trades from 2016 until their arrests in 2021.

First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns

CoinDesk

2022. Dec. 07. 02:08

First Mover Asia: Bitcoin Holds Its $17K Perch Amid Rate Hike Concerns ALSO: Sam Reynolds writes that Asia is ready for a scaled up, crypto-friendly bank, particularly if the U.S. oversteps in regulating the industry following the recent FTX debacle.

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance

CoinDesk

2022. Dec. 07. 01:12

Crypto Audit Platform Sherlock Expects $4M Loss From Troubled Loans on Maple Finance Sherlock deposited $5 million USDC of its staking pool into the beleaguered credit pool on Maple, which suffered a $31 million hit from Orthogonal Trading’s loan defaults.

Exploring Biden’s Executive Order on Crypto, 6 Months In

CoinDesk

2022. Dec. 06. 23:30

Exploring Biden’s Executive Order on Crypto, 6 Months In CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we are now.

Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion

CoinDesk

2022. Dec. 06. 23:10

Signature Bank to Reduce Crypto-Tied Deposits by as Much as $10 Billion Nearly a quarter of the Wall Street bank's current deposits come from crypto-related businesses.

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes

CoinDesk

2022. Dec. 06. 22:28

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North

CoinDesk

2022. Dec. 06. 22:26

Bitcoin Miner Marathon Expects to Recover Less Than Half Its Deposit From Bankrupt Compute North The miner paid $50 million initially, $8 million of which was written off and only about half of the rest are expected to be recovered.

Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid

CoinDesk

2022. Dec. 06. 21:06

Bitcoin Miners Offered Way to Cut Texas Electricity Usage to Help the Grid The voluntary program to lower power consumption during high demand period, might go live around Jan. 1, 2023.

Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters

CoinDesk

2022. Dec. 06. 20:59

Sam Bankman-Fried Hires Mark Cohen as His Attorney: Reuters The former head of the now-bankrupt crypto exchange, Bankman-Fried has yet to be charged with any crimes.

US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token

CoinDesk

2022. Dec. 06. 20:57

US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token Rep. Madison Cawthorn (R-N.C.) is already exiting the U.S. Capitol after losing his seat in this year’s elections, but an ethics investigation unveiled Tuesday will secure something of a legacy for the young congressman: How not to promote cryptocurrency while in Congress.

Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent

CoinDesk

2022. Dec. 06. 20:22

Crypto Firm Orthogonal, Victim of FTX Contagion, Now Faces Internal Dissent Shortly after Orthogonal got served with default notices on $36 million of crypto loans from Maple Finance, the firm’s credit team published a statement saying it was “speechless” and unaware of the extent of the trading team’s exposures.

DESK Upgrade on CoinDesk’s Website Offers Tokenized Reader Experience

CoinDesk

2022. Dec. 06. 20:03

DESK Upgrade on CoinDesk’s Website Offers Tokenized Reader Experience The social token’s expansion helps CoinDesk establish a Web3-driven feedback loop with readers.

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg

CoinDesk

2022. Dec. 06. 19:55

Hedge Fund Fir Tree Sues Grayscale for Details on GBTC: Bloomberg Fir Tree wants the Grayscale Bitcoin Trust to resume redemptions and cut fees.

Hoops Legend Scottie Pippen Shoots a 'Web3' With Virtual Sneakers

CoinDesk

2022. Dec. 06. 19:29

Hoops Legend Scottie Pippen Shoots a 'Web3' With Virtual Sneakers The six-time NBA Champion discusses why he’s jumping into Web3 and what’s behind the limited time NFT-based Metawear sneaker collection.

BTC Dominance Is Behaving Weirdly, and That’s Sort of Good

CoinDesk

2022. Dec. 06. 17:43

BTC Dominance Is Behaving Weirdly, and That’s Sort of Good It's likely we are witnessing the consolidation of the crypto market’s speculative nature.

Over $30M Pours Into ApeCoin Staking in First Day

CoinDesk

2022. Dec. 06. 17:39

Over $30M Pours Into ApeCoin Staking in First Day The native token of the Yuga Labs ecosystem is unavailable to stake in the United States due to regulatory concerns by its parent foundation.

Blockchain Data Provider Chainlink Launches Staking of Its Native Token LINK

CoinDesk

2022. Dec. 06. 17:00

Blockchain Data Provider Chainlink Launches Staking of Its Native Token LINK Staking will provide incentives that will enable the Chainlink system to grow, according to co-founder Sergey Naraov.

DESK Upgrade on CoinDesk’s Website Offers Tokenized Reader Experience

CoinDesk

2022. Dec. 06. 16:42

DESK Upgrade on CoinDesk’s Website Offers Tokenized Reader Experience The social token’s expansion helps CoinDesk establish a Web3-driven feedback loop with readers.

Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren

CoinDesk

2022. Dec. 06. 15:30

Crypto Bank Silvergate Slides Further After Letter from US Sen. Warren Senator Elizabeth Warren (D-Mass) and two GOP senators have asked crypto-friendly bank Silvergate (SI) for answers over its supposed role in facilitating transfers between bankrupt exchange FTX and its sister firm Alameda Research, NBC reported Tuesday.

Financial Stability Watchdogs Vow to Tackle DeFi, Learn FTX Lessons

CoinDesk

2022. Dec. 06. 15:15

Financial Stability Watchdogs Vow to Tackle DeFi, Learn FTX Lessons Policymakers from the world’s major jurisdictions want a crypto rulebook

Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says

CoinDesk

2022. Dec. 06. 14:32

Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says Stocks have overtaken fundamentals and could soon fall back, QCP said.

Ledger Partners With iPod Creator Tony Fadell to Build Latest Hardware Wallet

CoinDesk

2022. Dec. 06. 14:09

Ledger Partners With iPod Creator Tony Fadell to Build Latest Hardware Wallet The Ledger Stax is a stylish device that features an e-ink display that can show transaction details and even NFTs on its exterior.

Ledger Taps iPod Creator Tony Fadell for New Crypto Hardware Wallet

CoinDesk

2022. Dec. 06. 14:09

Ledger Taps iPod Creator Tony Fadell for New Crypto Hardware Wallet The Ledger Stax is a stylish device that features an e-ink display that can show transaction details and even NFTs on its exterior.

Alchemy Releases Web3 App Store to Streamline Dapp Access

CoinDesk

2022. Dec. 06. 14:00

Alchemy Releases Web3 App Store to Streamline Dapp Access Alchemy aims to build trust among developers and blockchain-curious users as they explore the space via one streamlined interface.

Paraguay Votes Down Crypto Regulatory Bill in a Blow to Crypto Mining Industry

CoinDesk

2022. Dec. 06. 13:41

Paraguay Votes Down Crypto Regulatory Bill in a Blow to Crypto Mining Industry The bill would cap how much the grid operator can charge bitcoin miners for electricity.

First Mover Americas: Goldman to Spend Big on Crypto Post-FTX

CoinDesk

2022. Dec. 06. 13:15

First Mover Americas: Goldman to Spend Big on Crypto Post-FTX The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

ConsenSys to Update MetaMask Crypto Wallet in Response to Privacy Backlash

CoinDesk

2022. Dec. 06. 13:00

ConsenSys to Update MetaMask Crypto Wallet in Response to Privacy Backlash ConsenSys clarified its data sharing practices and said it will rebuild MetaMaks’ settings page to address user concerns.

UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto

CoinDesk

2022. Dec. 06. 12:46

UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law.

UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto

CoinDesk

2022. Dec. 06. 12:46

UK Financial Regulator Seeks Comments on Ad Approval Process for Crypto Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law.

A16z Elevates Former US CFTC Commissioner Quintenz to Policy Chief

CoinDesk

2022. Dec. 06. 11:00

A16z Elevates Former US CFTC Commissioner Quintenz to Policy Chief Brian Quintenz, a former commissioner with the U.S. Commodity Futures Trading Commission who left the agency last year, is amplifying his role at crypto venture capital firm Andreessen Horowitz (a16z) from advising to taking over as its head of policy, the company said on Tuesday.

Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy

CoinDesk

2022. Dec. 06. 08:56

Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy "Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said.

Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report

CoinDesk

2022. Dec. 06. 07:00

Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report The investment bank sees a bigger need for trustworthy and established players in the crypto space.

First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K

CoinDesk

2022. Dec. 06. 03:54

First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?

Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability

CoinDesk

2022. Dec. 06. 02:00

Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability Bitcoin miners are being caught between rising costs and the lower price of bitcoin.

Bitcoin Mining Difficulty Drops by Most Since July 2021 as Crypto Winter Cuts Profitability

CoinDesk

2022. Dec. 06. 02:00

Bitcoin Mining Difficulty Drops by Most Since July 2021 as Crypto Winter Cuts Profitability Bitcoin miners are being caught between rising costs and the lower price of bitcoin.

Ether Turns Inflationary as Network Usage Slows

CoinDesk

2022. Dec. 06. 01:13

Ether Turns Inflationary as Network Usage Slows Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned.

DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens

CoinDesk

2022. Dec. 05. 23:52

DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.

Built With Bitcoin Foundation Opens New Technology Center in Ghana

CoinDesk

2022. Dec. 05. 23:44

Built With Bitcoin Foundation Opens New Technology Center in Ghana The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities.

Built With Bitcoin Foundation Opens Technology Center in Ghana

CoinDesk

2022. Dec. 05. 23:44

Built With Bitcoin Foundation Opens Technology Center in Ghana The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities.

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines

CoinDesk

2022. Dec. 05. 22:59

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines  The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Silvergate CEO Attempts to Address Concerns in Public Letter

CoinDesk

2022. Dec. 05. 22:42

Silvergate CEO Attempts to Address Concerns in Public Letter Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research.

Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them

CoinDesk

2022. Dec. 05. 22:34

Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program.

The Contagion Fever Breaks: NFTs Dominate Art Basel

CoinDesk

2022. Dec. 05. 21:00

The Contagion Fever Breaks: NFTs Dominate Art Basel The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption.

Bitcoin Miner Riot Switches Mining Pool After Falling Short in November

CoinDesk

2022. Dec. 05. 20:53

Bitcoin Miner Riot Switches Mining Pool After Falling Short in November The miner used Braiins mining pool, which uses a payout method that caused the variance between Riot’s mining capacity and amount produced, according to a source

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners

CoinDesk

2022. Dec. 05. 20:25

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.

Bankman-Fried Is a ‘Master of Deflection,’ Securities Lawyer Says

CoinDesk

2022. Dec. 05. 19:11

Bankman-Fried Is a ‘Master of Deflection,’ Securities Lawyer Says James Murphy, founder of law firm Murphy & McGonigle, discusses the former FTX CEO’s attempt at side-stepping probing questions and whether lawmakers in the U.S. have enough evidence to move forward with a criminal trial.

Nexo to Depart US After Regulator Discussions Hit 'Dead End'

CoinDesk

2022. Dec. 05. 17:37

Nexo to Depart US After Regulator Discussions Hit 'Dead End' Crypto lender Nexo announced Monday it would stop offering services to U.S. customers over the next several months, and would immediately suspend Earn access in eight states.

New FTX CEO Testimony ‘False,’ Bankman-Fried Says

CoinDesk

2022. Dec. 05. 17:09

New FTX CEO Testimony ‘False,’ Bankman-Fried Says FTX founder Sam Bankman-Fried said documentation existed, despite John Ray bemoaning poor record keeping.

Crypto.com’s CRO Surges as It Launches World Cup NFTs With Coca-Cola

CoinDesk

2022. Dec. 05. 17:03

Crypto.com’s CRO Surges as It Launches World Cup NFTs With Coca-Cola 10,000 NFTs will be hosted on Crypto.com’s blockchain based on ‘heatmaps’ from World Cup matches.

Introducing Consensus Magazine: Putting Web3 in Perspective

CoinDesk

2022. Dec. 05. 15:30

Introducing Consensus Magazine: Putting Web3 in Perspective Magazines are powerful when they spark dialogue about what’s happening now and could happen in the future. That’s Consensus all over, so we’re renaming Layer 2 after CoinDesk’s annual event.

Most Influential Artist: Adam Levine

CoinDesk

2022. Dec. 05. 15:21

Most Influential Artist: Adam Levine The artist made a portrait of crypto critic Molly White, and went down the Web3 rabbit hole she opened up.

Maple Finance Severs Ties With Orthogonal Trading, Alleging It Misrepresented Financial Position

CoinDesk

2022. Dec. 05. 15:17

Maple Finance Severs Ties With Orthogonal Trading, Alleging It Misrepresented Financial Position Orthogonal Trading was due to pay back a $10 million USDC stablecoin loan on Dec. 4.

FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance

CoinDesk

2022. Dec. 05. 15:17

FTX Contagion Spreads as Orthogonal Trading Gets Default Notice for $36M Debt on Maple Finance Orthogonal Trading was due to pay back a $10 million USDC stablecoin loan on Dec. 4.

Most Influential: Osinachi

CoinDesk

2022. Dec. 05. 15:14

Most Influential: Osinachi The Nigerian artist creates one-of-a-kind images using Microsoft Word. For this season, he depicted Mikhaylo Federov, the Ukrainian official who raised about $200 million in crypto for that country's war effort.

Most Influential Artist: Osinachi

CoinDesk

2022. Dec. 05. 15:14

Most Influential Artist: Osinachi The Nigerian artist creates one-of-a-kind images using Microsoft Word. For this season, he depicted Mikhaylo Federov, the Ukrainian official who raised about $200 million in crypto for that country's war effort.

Aave’s Social Media Protocol Lens Acquires NFT Mobile Game Sonar

CoinDesk

2022. Dec. 05. 15:00

Aave’s Social Media Protocol Lens Acquires NFT Mobile Game Sonar With the acquisition, Lens Protocol will be integrated into a game app which claims to have 20,000 active users per month.

Aave Acquires NFT Mobile Game Sonar for Lens Social Media Integration

CoinDesk

2022. Dec. 05. 15:00

Aave Acquires NFT Mobile Game Sonar for Lens Social Media Integration With the acquisition, Lens Protocol will be integrated into a game app which claims to have 20,000 active users per month.

Most Influential Artist: Federico Solmi

CoinDesk

2022. Dec. 05. 14:58

Most Influential Artist: Federico Solmi The Italian artist, a resident of New York City, created a 3D image of Vitalik Buterin and the Ethereum developers for their role orchestrating The Merge, the most consequential upgrade in blockchain history.

The Artist and Technology Behind 36 AI Portraits

CoinDesk

2022. Dec. 05. 14:28

The Artist and Technology Behind 36 AI Portraits How to generate three dozen portraits for the Most Influential 2022 in about a week? Meet Will Ess and Pixelmind.ai, the app that saved this CoinDesk feature from visual ennui.

Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse

CoinDesk

2022. Dec. 05. 14:06

Crypto Bank Silvergate Cut to Underweight at Morgan Stanley Following FTX Collapse Already down more than 50% over the past month, the bank’s shares are lower by another 3% in premarket action Monday morning.

Malta Seeks to Remove NFTs From Crypto Law

CoinDesk

2022. Dec. 05. 14:03

Malta Seeks to Remove NFTs From Crypto Law The move anticipates new EU legislation by excluding non-fungible assets.

Waves Blockchain Founder Explores New DAO Model to Improve Crypto Governance

CoinDesk

2022. Dec. 05. 14:00

Waves Blockchain Founder Explores New DAO Model to Improve Crypto Governance The model is designed to add accountability by introducing performance measures, rewards and penalties.

CoinDesk Got Colorful With the Most Influential 2022 NFT Collection

CoinDesk

2022. Dec. 05. 13:47

CoinDesk Got Colorful With the Most Influential 2022 NFT Collection For the fourth year, CoinDesk has partnered with 14 artists to immortalize on-chain some of the Most Influential 2022, whose NFT portraits will be made available in an exclusive auction being held on Coinbase NFT.

Most Influential Artist: Dave Krugman

CoinDesk

2022. Dec. 05. 13:43

Most Influential Artist: Dave Krugman The photographer captured his portrait of Erick Calderon at a Bright Moments NFT art event in Mexico City.

Most Influential Artist: Bryan Brinkman

CoinDesk

2022. Dec. 05. 13:42

Most Influential Artist: Bryan Brinkman The Dubai animator tries to display the mystery of Razzlekhan and Lichtenstein, the beginning of this year’s decent into fraud and deception.

Most Influential Artist: Trevor and Violet Jones

CoinDesk

2022. Dec. 05. 13:41

Most Influential Artist: Trevor and Violet Jones The artist couple collaborated for the first time ever on their painting of Alexey Pertsev, the developer arrested for his role in creating Tornado Cash.

Most Influential Artist: Alex Headlam (Aleqth)

CoinDesk

2022. Dec. 05. 13:40

Most Influential Artist: Alex Headlam (Aleqth) The artist sought inspiration from Andy Warhol and Tim Burton to create his portrait of Binance’s CEO Changpeng Zhao, known as CZ.

Most Influential Artist: Fesq

CoinDesk

2022. Dec. 05. 13:39

Most Influential Artist: Fesq The previous programmer creates an image called “The Maestro,” which ties Yat Siu’s music background to his position as a leader in the gaming and blockchain industry.

Most Influential Artist: Yosnier

CoinDesk

2022. Dec. 05. 13:38

Most Influential Artist: Yosnier A 23-year-old artist doesn’t want to come across as sympathizing with Sam Bankman-Fried, who lost numerous people’s life savings in FTX's collapse.

Most Influential Artist: Norman Harman

CoinDesk

2022. Dec. 05. 13:37

Most Influential Artist: Norman Harman The Edinburgh-based artist use a combination of technologies and brick-and-mortar traditional values to draw Nirmala Sitharaman, India’s Minister of Finance and Corporate Affairs for this year’s Most Influential list.

Most Influential Artist: Oveck

CoinDesk

2022. Dec. 05. 13:36

Most Influential Artist: Oveck The New York-based artist depicted one of the year's NFT success stories – Yuga Labs, the company behind the Bored Ape phenom – for CoinDesk's Most Influential series.

Most Influential Artist: Ovie Faruq

CoinDesk

2022. Dec. 05. 13:34

Most Influential Artist: Ovie Faruq The NFT artist sought to depict the "carelessness and neglect" of the "Four Horsemen of the Cryptocalypse" in his NFT art for CoinDesk's Most Influential 2022.

First Mover Americas: Axie Infinity's Token Takes Off

CoinDesk

2022. Dec. 05. 13:34

First Mover Americas: Axie Infinity's Token Takes Off The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 5, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

He Put a Magnifying Glass on Terra and It Went Up in Flames

CoinDesk

2022. Dec. 05. 13:29

He Put a Magnifying Glass on Terra and It Went Up in Flames Having whistleblowers’ trust made a cranky pseudonymous Twitter account key to the flameout of Terraform Labs and its LUNA token. That’s why FatManTerra is one of CoinDesk’s Most Influential 2022.

Rishi Sunak Has the Power to Make His Crypto Dreams Come True. Will He?

CoinDesk

2022. Dec. 05. 13:28

Rishi Sunak Has the Power to Make His Crypto Dreams Come True. Will He? As finance minister earlier this year he backed measures for regulating stablecoins and boldly declared he would turn the U.K. into an international hub for crypto. Now he’s prime minister and an FTX-scarred industry is watching. That’s why Rishi Sunak is one of CoinDesk’s Most Influential 2022.

Now That He Has the Power to Make His Crypto Dreams Come True, Will He?

CoinDesk

2022. Dec. 05. 13:28

Now That He Has the Power to Make His Crypto Dreams Come True, Will He? As finance minister earlier this year he backed measures for regulating stablecoins and boldly declared he would turn the U.K. into an international hub for crypto. Now he’s prime minister and an FTX-scarred industry is watching. That’s why Rishi Sunak is one of CoinDesk’s Most Influential 2022.

The Members of Congress Who Have Stablecoin Issuers Watching Their Next Moves

CoinDesk

2022. Dec. 05. 13:27

The Members of Congress Who Have Stablecoin Issuers Watching Their Next Moves Anticipation for a crypto bill out of the House Financial Services Committee ran so high this year that stablecoin issuers have been trying to meet the bill’s expected standards before the rules are even set. That’s why Rep. Maxine Waters and Rep. Patrick McHenry are two of CoinDesk’s Most Influential 2022.

Guiding the Chinese Central Bank Digital Currency the World Admires and Fears

CoinDesk

2022. Dec. 05. 13:25

Guiding the Chinese Central Bank Digital Currency the World Admires and Fears Many nations, especially the economic superpowers, began the year in fear of being left behind by China’s relentless progress with its digital yuan. For leading the development of the most advanced major CBDC, Mu Changchun is one of CoinDesk’s Most Influential 2022.

Left Behind by the Merge, but Still Fighting

CoinDesk

2022. Dec. 05. 13:24

Left Behind by the Merge, but Still Fighting The spectacular success of the Merge obscured the stories of those who were left behind, the Ethereum proof-of-work miners who lost their livelihoods. One miner is not letting the crypto community ignore them. That’s why Chandler Guo is one of CoinDesk’s Most Influential 2022.

The OG Streetwear Designer Fighting for NFT Creator Royalties

CoinDesk

2022. Dec. 05. 13:23

The OG Streetwear Designer Fighting for NFT Creator Royalties When 20-year-old streetwear brand The Hundreds jumped into Web3 last year, its loyal fans spent upwards of $100 million on its NFTs. This year it canceled its OpenSea drop in a principled stand for creators’ financial interests. That’s why Bobby “The Hundreds” Kim is one of CoinDesk’s Most Influential 2022.

Blending the World’s Most Successful Loyalty Program With Web3

CoinDesk

2022. Dec. 05. 13:22

Blending the World’s Most Successful Loyalty Program With Web3 The brains behind Starbucks Rewards, which now counts 60 million members worldwide, is back to design Starbucks Odyssey, a Web3 loyalty program. That's why Adam Brotman is one of CoinDesk’s Most Influential 2022.

The Teen Dropping $20M in NFTs

CoinDesk

2022. Dec. 05. 13:19

The Teen Dropping $20M in NFTs Following his breakout year as an NFT artist, this 19-year old sold a generative art collection of "paint drop" NFTs for $20 million. That’s why FEWOCiOUS is one of CoinDesk’s Most Influential 2022.

Miladys NFT Community Is the Counterculture to Cancel Culture

CoinDesk

2022. Dec. 05. 13:15

Miladys NFT Community Is the Counterculture to Cancel Culture The uncanny, anime-inspired, profile pictures invite conversations about whether the sins of the creator are laid upon the creation. That’s why the Miladys NFT community is one of CoinDesk’s Most Influential 2022.

The Organizer of the Freedom Convoy Who Got Its Crypto Assets Frozen

CoinDesk

2022. Dec. 05. 13:14

The Organizer of the Freedom Convoy Who Got Its Crypto Assets Frozen Canada’s trucker protest organizers unwittingly taught us that a private citizen in that country can successfully petition a judge to freeze someone else’s crypto. That's why Tamara Lich is one of CoinDesk’s Most Influential 2022.

Don’t Let the Neckwear Fool You

CoinDesk

2022. Dec. 05. 13:12

Don’t Let the Neckwear Fool You This anonymous account has been converting TradFi Toms into crypto bros. That’s why BowTied Bull is one of CoinDesk’s Most Influential 2022.

Stablecoin Issuer Circle Cancels Plan to Go Public

CoinDesk

2022. Dec. 05. 13:11

Stablecoin Issuer Circle Cancels Plan to Go Public The firm had announced plans to go public in July of 2021.

All Aboard! Chartering the Mainstream Party Boat to the Island of Web3

CoinDesk

2022. Dec. 05. 13:08

All Aboard! Chartering the Mainstream Party Boat to the Island of Web3 Born in the depths of the pandemic, the Vayner3 consultancy has guided many of the biggest mainstream companies into Web3. That’s why Avery Akkineni and Gary Vaynerchuk are two of CoinDesk’s Most Influential 2022.

Coordinating the Federal Government's Approach to Crypto

CoinDesk

2022. Dec. 05. 12:57

Coordinating the Federal Government's Approach to Crypto President Joe Biden raised the hopes of the U.S. crypto industry by signing an executive order that directed federal entities to better regulate crypto. That’s why Carole House, a former White House adviser and one of the order’s chief authors, is one of CoinDesk’s Most Influential 2022.

The Bitcoiner Who Stood Up to Toxicity

CoinDesk

2022. Dec. 05. 12:56

The Bitcoiner Who Stood Up to Toxicity Nic Carter, a commentator and venture capitalist, has taken a stand against toxic Bitcoin maximalism. That’s why he is one of CoinDesk’s Most Influential 2022.

The ‘Good Cop and Bad Cop’ of US Crypto Regulations

CoinDesk

2022. Dec. 05. 12:54

The ‘Good Cop and Bad Cop’ of US Crypto Regulations The ongoing tug-of-war between the top two federal regulatory agencies keeps the crypto industry on its toes. That’s why Gary Gensler and Rostin Behnam share a spot on CoinDesk’s Most Influential 2022.

The Bullied Takes the Bully to Court

CoinDesk

2022. Dec. 05. 12:51

The Bullied Takes the Bully to Court David beat Goliath in an Oslo courtroom in September, establishing a legal precedent for the freedom to say a self-proclaimed inventor of Bitcoin is not actually the pseudonymous Satoshi Nakamoto. That’s why Magnus Granath (aka Hodlonaut) and Craig Wright share a spot on CoinDesk’s Most Influential 2022 list.

The 'Crocodile of Wall Street' and Her Husband Face Trial

CoinDesk

2022. Dec. 05. 12:49

The 'Crocodile of Wall Street' and Her Husband Face Trial Words fail to describe the infamous crypto couple who allegedly laundered $4.5 billion. He’s behind bars and she’s put her raunchy rap videos on hold, but Hollywood is calling. That’s why Heather “Razzlekhan” Morgan and Ilya “Dutch” Lichtenstein share a spot on CoinDesk’s Most Influential 2022.

The Everyman of Crypto Twitter

CoinDesk

2022. Dec. 05. 12:48

The Everyman of Crypto Twitter The host of “Up Only” podcast has tracked the scams and issues with crypto in real time, even taking down an inside trader at Coinbase. That’s why Jordan Fish aka Cobie is one of CoinDesk’s Most Influential 2022.

The Force Behind a 1% Tax That Crushed Indian Crypto Trading

CoinDesk

2022. Dec. 05. 12:46

The Force Behind a 1% Tax That Crushed Indian Crypto Trading All signs indicate India’s powerful finance minister disdains cryptocurrencies, and now she is setting the G-20 agenda for how the world's economic powers will regulate it. That’s why Nirmala Sitharaman is one of CoinDesk’s Most Influential 2022.

He Who Should Not Have an Impact on Crypto

CoinDesk

2022. Dec. 05. 12:45

He Who Should Not Have an Impact on Crypto Crypto aspires to function without monetary oversight, but this year the U.S. Federal Reserve’s chair proved how far from reality this goal is at a time of high interest rates. That’s why, once again, Jerome Powell is one of CoinDesk’s Most Influential 2022.

BlackRock CEO’s Crypto About-Face

CoinDesk

2022. Dec. 05. 12:44

BlackRock CEO’s Crypto About-Face The actions by the head of the $10 trillion asset manager say to the world that crypto is ready for mainstream investment. That’s why Larry Fink is one of CoinDesk’s Most Influential 2022.

The Senate’s Biggest Crypto Regulations Cheerleaders

CoinDesk

2022. Dec. 05. 12:43

The Senate’s Biggest Crypto Regulations Cheerleaders The U.S. Congress’ upper chamber has introduced a bipartisan, comprehensive crypto-responsibility bill, with another stablecoin regulations bill on its way. That’s why senators Cynthia Lummis and Kirsten Gillibrand share a spot on CoinDesk’s Most Influential 2022.

Reality Sticks a Pin in His Hot-Air Dreams

CoinDesk

2022. Dec. 05. 12:40

Reality Sticks a Pin in His Hot-Air Dreams Taking lessons from Napster, Helium Systems envisions a peer-to-peer network powered by the blockchain. Its market cap rose to $2.5 billion on hopes and promise, but has now fallen. That’s why CEO Amir Haleem is one of CoinDesk’s Most Influential 2022.

The Punk Fighting for an Open Metaverse

CoinDesk

2022. Dec. 05. 12:40

The Punk Fighting for an Open Metaverse A pseudonymous NFT collector thinks if the metaverse is inevitable we must do what we can to avoid making it a cyberpunkian hellscape owned by Meta. That’s why Punk6529 is one of CoinDesk’s Most Influential 2022.

And Then There Was One

CoinDesk

2022. Dec. 05. 12:39

And Then There Was One In an astonishing six months as crypto winter hobbled even well-funded crypto companies, Binance defended its position at the top of crypto exchanges and took down its $40 billion rival, FTX. That’s why Changpeng Zhao is one of CoinDesk’s Most Influential 2022.

Crypto’s Virgil Through the Market Hellscape

CoinDesk

2022. Dec. 05. 12:38

Crypto’s Virgil Through the Market Hellscape Arthur Hayes has been many things to crypto over the years: a builder, a showman and a criminal. This year, as the industry collapsed, he’s been a wise commentator for the inexperienced and perplexed. That’s why he is one of CoinDesk’s Most Influential 2022.

Setting a Standard for Global Regulation of Crypto

CoinDesk

2022. Dec. 05. 12:36

Setting a Standard for Global Regulation of Crypto As the European Commissioner for financial services, McGuinness had the mammoth task of getting the EU’s landmark Markets in Crypto Assets framework through to the finish line this year. That’s why she is one of CoinDesk’s Most Influential 2022.

Misfortune Favors the Crypto Mouthpiece

CoinDesk

2022. Dec. 05. 12:35

Misfortune Favors the Crypto Mouthpiece The Bourne trilogy actor’s Crypto.com ad is a stand-in for all the cringe-inducing celebrity crypto shills you wish you could unsee. That’s why Matt Damon is one of CoinDesk’s Most Influential 2022.

Looks Who's Taking a Crash Course in Crypto Bankruptcy

CoinDesk

2022. Dec. 05. 12:34

Looks Who's Taking a Crash Course in Crypto Bankruptcy The chief bankruptcy judge of the Southern District of New York is learning on the job how crypto complicates bankruptcy law. He already has his hands full with Celsius Network, but his caseload could get even bigger in 2023. That’s why Martin Glenn is one of CoinDesk’s Most Influential 2022.

Leading the Best Business-Development Team in Web3

CoinDesk

2022. Dec. 05. 12:34

Leading the Best Business-Development Team in Web3 This year alone, Nike, Starbucks, Reddit and many other consumer-focused brands have chosen to partner with Polygon Studios to create their Web3 experiences. That’s why Polygon Studios CEO Ryan Wyatt is one of CoinDesk’s Most Influential 2022.

Empire of the Bored Apes

CoinDesk

2022. Dec. 05. 12:33

Empire of the Bored Apes Yuga Labs has grown beyond the wild success of its Bored Ape Yacht Club collection to become an NFT powerhouse with a $4 billion valuation and big plans in the metaverse. That’s why Wylie Aronow, Greg Solano and Nicole Muniz are three of CoinDesk’s Most Influential 2022.

Betting on a Decentralized, Cross-Chain Crypto Future

CoinDesk

2022. Dec. 05. 12:33

Betting on a Decentralized, Cross-Chain Crypto Future The 26-year-old president of Jump Crypto heads a DeFi juggernaut that’s building key infrastructure and cross-chain bridges, and investing in layer1 blockchains. For running on all cylinders in a year of crypto reckoning, Kanav Kariya is one of CoinDesk’s Most Influential 2022.

Crypto Developers Reveal the Perils of Anonymity

CoinDesk

2022. Dec. 05. 12:32

Crypto Developers Reveal the Perils of Anonymity The total value locked on the Solana network reached billions of dollars, based in part on sham protocols by two brothers working under multiple aliases. For showing how divorced TVL can be from the truth, Ian and Dylan Macalinao share a spot on CoinDesk’s Most Influential 2022.

Putting TIME in Web3

CoinDesk

2022. Dec. 05. 12:31

Putting TIME in Web3 The president of old media’s flagship magazine leaned into Web3 and created new divisions that are rejuvenating the 99-year-old brand. That’s why Keith Grossman is one of CoinDesk’s Most Influential 2022.

Pinning the Idea of ‘Network States’ on the Map

CoinDesk

2022. Dec. 05. 12:30

Pinning the Idea of ‘Network States’ on the Map The angel investor’s thesis of forming countries online underpins a thought-provoking bestseller and maybe a new asset class – earning him a spot on CoinDesk’s Most Influential 2022 list.

A Rookie Knocks Reddit’s NFT Marketplace Out of the Park

CoinDesk

2022. Dec. 05. 12:29

A Rookie Knocks Reddit’s NFT Marketplace Out of the Park In the three months since Reddit launched r/NFTsMarketplace, more users have opened wallets than all the users on top NFT marketplace OpenSea. That’s why Reddit’s new Chief Product Officer Pali Bhat is one of CoinDesk’s Most Influential 2022.

Bank of America Say Regulation Is Key for Mainstream Adoption of Crypto

CoinDesk

2022. Dec. 05. 11:55

Bank of America Say Regulation Is Key for Mainstream Adoption of Crypto Despite the correction in cryptocurrency markets, the development of blockchain technology has accelerated, the report said.

Minting of Reddit Avatar Tokens Climbed to Record High Over Weekend

CoinDesk

2022. Dec. 05. 11:17

Minting of Reddit Avatar Tokens Climbed to Record High Over Weekend The Polygon blockchain-based collection has some 3.4 million holders, all of them Reddit users.

Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average

CoinDesk

2022. Dec. 05. 07:51

Bitcoin Lags as Unwinding of 'Fed Trade' Lifts US Stocks Above 200-Day Average Bitcoin trades at a significant discount to its 200-day average as popular macro trades of 2002 unwind, leading to risk revival in traditional markets.

Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter

CoinDesk

2022. Dec. 05. 07:17

Australian Crypto Exchange Swyftx Cuts 90 Jobs Amid Crypto Winter The job cuts would equate to a reduction of almost 45% of Swyftx's workforce.

Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reduces Workforce by 35%

CoinDesk

2022. Dec. 05. 07:17

Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reduces Workforce by 35% The exchange said that it does not have any direct exposure to FTX, however the job cuts are a result of crypto downturn caused by FTX.

Bybit to Lay Off 30% of Staff Amid Crypto Winter

CoinDesk

2022. Dec. 05. 06:41

Bybit to Lay Off 30% of Staff Amid Crypto Winter The exchange is trying to 'refocus' amid a 'deepening bear market', its CEO said on Twitter.

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources

CoinDesk

2022. Dec. 04. 22:17

Genesis Creditor Groups' Loans Amount to $1.8B and Counting: Sources In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.

A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It

CoinDesk

2022. Dec. 04. 15:50

A European Central Bank Blog Decries the End of Bitcoin, and We Aren’t Buying It Plus: What happens when you go from bitcoin-only to … not? Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor.

Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition

CoinDesk

2022. Dec. 02. 21:51

Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Crypto Derivatives DEXes Reposition for Life After FTX

CoinDesk

2022. Dec. 02. 19:26

Crypto Derivatives DEXes Reposition for Life After FTX Decentralized exchanges are retooling their public-facing approach.

Crypto Derivatives DEXs Reposition for Life After FTX

CoinDesk

2022. Dec. 02. 19:26

Crypto Derivatives DEXs Reposition for Life After FTX Decentralized exchanges are retooling their public-facing approach.

Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks

CoinDesk

2022. Dec. 02. 18:37

Three Arrows Capital Liquidators Seize $35.6M From Singaporean Banks Liquidators for Three Arrows Capital (3AC) have seized $35.6 million from the collapsed crypto hedge fund’s bank accounts in Singapore three months after getting the nod from that country’s High Court to begin probing 3ACs assets in the country.

Crypto Is at ‘Brick Wall Stage' and Needs ‘Right Balance’ of Regulation, Says Legal Expert

CoinDesk

2022. Dec. 02. 18:06

Crypto Is at ‘Brick Wall Stage' and Needs ‘Right Balance’ of Regulation, Says Legal Expert Pennsylvania State University Dickinson Law Professor Tonya Evans discusses why the ecosystem is in need of thoughtful regulation from lawmakers on Capitol Hill.

S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin

CoinDesk

2022. Dec. 02. 17:48

S. Korean Judge Dismisses Arrest Warrant for Terra Co-Founder Shin Daniel Shin’s arrest warrant was dismissed on Saturday local time, according to Yonhap News.

Brands Will Save Crypto? Be Careful What You Wish For

CoinDesk

2022. Dec. 02. 16:40

Brands Will Save Crypto? Be Careful What You Wish For It’s not enough to depend on the goodwill of legacy platforms and of the mega-companies that use core blockchain frameworks to reach audiences and customers. We must deliberately build systems over which those corporate machines can’t exert control.

Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain

CoinDesk

2022. Dec. 02. 16:36

Bitcoin Miners’ FTX Contagion Exposure May Amplify Industry Pain Core Scientific, Bitfarms and Genesis Digital Assets are among miners that have direct and indirect exposure to the contagion.

Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT

CoinDesk

2022. Dec. 02. 15:42

Alameda Research Shouldered FTX Loss of Up to $1B Following Client's Leveraged Trade in 2021: FT Alameda Research bore the brunt of a $1 billion loss incurred by its sister firm FTX after a leveraged trade on the now bankrupt crypto exchange backfired early last year, the Financial Times reported Friday.

Facebook Parent Meta Dips Toe Back Into Policy Circles to Boost Metaverse

CoinDesk

2022. Dec. 02. 15:00

Facebook Parent Meta Dips Toe Back Into Policy Circles to Boost Metaverse After Meta Platforms (META) famously riled up U.S. regulators with Facebook’s abortive stablecoin initiative, the company is back with an effort to influence digital policy – this time for the metaverse – but it’s charting a less aggressive course.

Galaxy Digital Agrees to Buy Some Assets From Bankrupt Crypto Lender Celsius

CoinDesk

2022. Dec. 02. 13:47

Galaxy Digital Agrees to Buy Some Assets From Bankrupt Crypto Lender Celsius GK8 was put on the block following Celsius's bankruptcy.

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius

CoinDesk

2022. Dec. 02. 13:47

Galaxy Digital Wins Auction to Buy GK8 From Bankrupt Crypto Lender Celsius GK8, the self-custody platform bought by Celsius over a year ago, was put on the block following Celsius's bankruptcy.

How Attackers Made $15M From Staking Platform Helio After Ankr Exploit

CoinDesk

2022. Dec. 02. 13:25

How Attackers Made $15M From Staking Platform Helio After Ankr Exploit A delay in updating price data on BNB-related derivative tokens allowed some exploiters to piggyback off a previous attack.

First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

CoinDesk

2022. Dec. 02. 13:14

First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 2, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

US Justice Department Wants FTX Fraud Allegations to Be Investigated

CoinDesk

2022. Dec. 02. 12:51

US Justice Department Wants FTX Fraud Allegations to Be Investigated The collapse was described as the "fastest big corporate failure in American history," in a court filing.

FTX Japan Plans to Restart Local Customer Withdrawals

CoinDesk

2022. Dec. 02. 12:12

FTX Japan Plans to Restart Local Customer Withdrawals FTX has approved its Japanese subsidiary's plan to restart withdrawals for customers.

Avalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling Solution Arbitrum

CoinDesk

2022. Dec. 02. 10:32

Avalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling Solution Arbitrum Trader Joe locks up over $95 million worth of tokens as of Friday and is among the most popular Avalanche-based products.

Avalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling System Arbitrum

CoinDesk

2022. Dec. 02. 10:32

Avalanche-Based DEX Trader Joe to Soon Deploy on Ethereum Scaling System Arbitrum Trader Joe locks up over $95 million worth of tokens as of Friday and is among the most popular Avalanche-based products.

Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline

CoinDesk

2022. Dec. 02. 09:43

Crypto Exchange Zipmex Secures Creditor Protection Extension as Court Sets Deal Deadline Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website.

Crypto Exchange Zipmex Secures Creditor Protection Extension as Takeover Deal Nears

CoinDesk

2022. Dec. 02. 09:43

Crypto Exchange Zipmex Secures Creditor Protection Extension as Takeover Deal Nears Zipmex, the South Asian exchange that froze withdrawals due to a shortfall in liquidity earlier this year, has secured creditor protection for all of its entities until April next year, according to an update on the company's website.

Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market

CoinDesk

2022. Dec. 02. 09:22

Dogecoin's Bitcoin-Beating Bounce May Be Bad News for the Market Dogecoin has trounced bitcoin with a 40% surge in the past 10 days. In the past, outsized gains in DOGE have paved the way for a broader market sell-off.

DeFi Protocol Ankr Exploited for Over $5M

CoinDesk

2022. Dec. 02. 06:08

DeFi Protocol Ankr Exploited for Over $5M The attacker was able to mint 6 quadrillion aBNBc tokens, which they eventually turned into around 5 million USDC

DeFi Protocol Ankr to Reimburse Users Affected by $5M Exploit

CoinDesk

2022. Dec. 02. 06:08

DeFi Protocol Ankr to Reimburse Users Affected by $5M Exploit The attacker was able to mint 6 quadrillion aBNBc tokens, which they eventually turned into around 5 million USDC.

First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious

CoinDesk

2022. Dec. 02. 00:52

First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors continued interest in crypto and may offer hope for the industry's rebound.

Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill

CoinDesk

2022. Dec. 01. 22:15

Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules

CoinDesk

2022. Dec. 01. 21:56

US CFTC Commissioner Cites Latest Crypto Sanction in Call for New Rules CFTC Commissioner Kristin Johnson is pushing for her agency to work on policies to further tighten custody of customer assets as the CFTC sanctions another crypto Ponzi scheme.

Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses

CoinDesk

2022. Dec. 01. 21:28

Stripe Debuts Fiat-to-Crypto Payment Offering for Web3 Businesses The widget allows customers to more easily use crypto to engage with businesses and content creators across the world.

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes

CoinDesk

2022. Dec. 01. 20:11

November Jobs Report Due Friday as the Fed's Powell Confirms Slower Pace of Rate Hikes Friday’s employment report for November is expected to show a sizable slowdown in hiring, but the labor market remains too tight, according to Federal Reserve Chair Jerome Powell.

CFTC Chair Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle

CoinDesk

2022. Dec. 01. 19:21

CFTC Chair Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said that while new legislation allowing his agency greater spot market oversight over crypto should move swiftly, lawmakers should also ensure there are no "gaps."

CFTC Chairman Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle

CoinDesk

2022. Dec. 01. 19:21

CFTC Chairman Suggests 'Pause' to Overhaul Senate Bill Following FTX Debacle Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said that while new legislation allowing his agency greater spot market oversight over crypto should move swiftly, lawmakers should also ensure there are no "gaps."

Magic Eden Launches Protocol to Enforce Creator Royalties

CoinDesk

2022. Dec. 01. 19:00

Magic Eden Launches Protocol to Enforce Creator Royalties The top marketplace for Solana NFTs moved to an optional creator royalty model last month.

Binance Exec Says Company May Not Be Around in 10 Years

CoinDesk

2022. Dec. 01. 18:44

Binance Exec Says Company May Not Be Around in 10 Years In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX.

Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years

CoinDesk

2022. Dec. 01. 18:44

Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years In a bid to alleviate worries for retail investors, Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s proof-of-reserve system following the collapse of FTX.

Coinbase Disables Mobile NFT Trading, Citing Apple’s App Store Policies

CoinDesk

2022. Dec. 01. 17:47

Coinbase Disables Mobile NFT Trading, Citing Apple’s App Store Policies The exchange made the announcement in a Thursday Twitter thread, saying Apple is demanding Coinbase pay a 30% tax on gas fees used to transfer all NFTs.

Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies

CoinDesk

2022. Dec. 01. 17:47

Coinbase Disables Mobile NFT Transfers, Citing Apple’s App Store Policies The exchange made the announcement in a Thursday Twitter thread, saying Apple is demanding Coinbase pay a 30% tax on gas fees used to transfer all NFTs.

FTX Collapse Highlights Need for Global Crypto Regulations, Says US Treasury’s Adeyemo: Reuters

CoinDesk

2022. Dec. 01. 17:38

FTX Collapse Highlights Need for Global Crypto Regulations, Says US Treasury’s Adeyemo: Reuters Deputy Treasury Secretary Wally Adeyemo said such regulations were important to ensure the protection of investors, consumers and financial stability.

Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says

CoinDesk

2022. Dec. 01. 17:30

Crypto Industry a Disaster in Need of Rebranding, UK Lawmaker Says The lawmaker begs the industry to leave the "bad boats" to burn out at sea and ditch the word "crypto" following FTX collapse.

MakerDAO Community Votes to Hike DAI Rewards to 1%

CoinDesk

2022. Dec. 01. 17:28

MakerDAO Community Votes to Hike DAI Rewards to 1% Some 71% of voters favored hiking the DAI Savings Rate to 1%, the highest option offered in the voting.

Solana-Based DEX Orca Partners With Stripe for Fiat Transactions

CoinDesk

2022. Dec. 01. 17:05

Solana-Based DEX Orca Partners With Stripe for Fiat Transactions Orca, a Solana-based decentralized exchange (DEX), has integrated with payments heavyweight Stripe to to power its fiat-to-crypto transactions.

NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs

CoinDesk

2022. Dec. 01. 16:46

NYDFS Proposes Regulation Allowing It to Charge Crypto Companies in New York for Supervision Costs The New York Department of Financial Services (NYDFS) published a proposed regulation on Thursday that lays out how the state regulator would assess New York-regulated crypto companies for costs associated with their supervision.

Compass Mining Launches Bitcoin Miner Protection Plan

CoinDesk

2022. Dec. 01. 15:00

Compass Mining Launches Bitcoin Miner Protection Plan The plan is initially available to customers hosted in Texas, South Carolina, Nebraska and Oklahoma.

FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source

CoinDesk

2022. Dec. 01. 13:56

FCA-Regulated Crypto Custodian Digivault Is Up for Sale Following Eqonex Liquidation: Source A deal to buy Digivault, which is winding down operations, would include a crypto license in the United Kingdom.

There’s Still Investment Opportunity After the Fall of FTX

CoinDesk

2022. Dec. 01. 13:45

There’s Still Investment Opportunity After the Fall of FTX Those undaunted by the contagion could potentially take advantage of steep discounts.

First Mover Americas: Crypto's November Fall

CoinDesk

2022. Dec. 01. 13:20

First Mover Americas: Crypto's November Fall The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 1, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister Says

CoinDesk

2022. Dec. 01. 13:17

UK's Crypto Agenda Won't Be Derailed by FTX Collapse, Minister Says The country first set out its vision of becoming a global crypto hub in April.

Polygon APIs to Soon Deploy on Web 3 Indexing Service The Graph

CoinDesk

2022. Dec. 01. 13:11

Polygon APIs to Soon Deploy on Web 3 Indexing Service The Graph The Graph is a decentralized protocol for indexing and querying data from blockchains, starting with Ethereum. It makes it possible to query data that is difficult to query directly.

Polygon APIs to Soon Deploy on Web3 Indexing Service The Graph

CoinDesk

2022. Dec. 01. 13:11

Polygon APIs to Soon Deploy on Web3 Indexing Service The Graph The Graph is a decentralized protocol for indexing and querying data from blockchains, starting with Ethereum. It makes it possible to query data that is difficult to query directly.

Web 3 Content Delivery Network Fleek Raises $25M

CoinDesk

2022. Dec. 01. 11:51

Web 3 Content Delivery Network Fleek Raises $25M Crypto-focused venture capital firm Polychain Capital led the round.

Web3 Content-Delivery Network Fleek Raises $25M

CoinDesk

2022. Dec. 01. 11:51

Web3 Content-Delivery Network Fleek Raises $25M Crypto-focused venture capital firm Polychain Capital led the round.

Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse

CoinDesk

2022. Dec. 01. 10:49

Bernstein: Crypto User Activity Is Moving On-Chain Following FTX's Collapse The Arbitrum and Optimism blockchains are seeing the strongest momentum in terms of user trends, the report said.

TradFi Giant TP ICAP Gains UK Crypto License

CoinDesk

2022. Dec. 01. 09:25

TradFi Giant TP ICAP Gains UK Crypto License Fusion Digital Assets aims to offer a platform for matching crypto spot orders and execute trades

Bitcoin's Price Action Is Encouraging, Yet It May Not Signal Bottom: Traders

CoinDesk

2022. Dec. 01. 09:05

Bitcoin's Price Action Is Encouraging, Yet It May Not Signal Bottom: Traders Bitcoin's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders

CoinDesk

2022. Dec. 01. 09:05

Bitcoin's Price Action Is Encouraging, But It May Not Signal Bottom: Traders Bitcoin's price needs to trade above its 21-week moving average to confirm a bottom, one trader said.

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports

CoinDesk

2022. Dec. 01. 08:13

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining: Reports The local heavily indebted utility has received up to 4.6 GW of requests from miners looking to connect to the grid.

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining

CoinDesk

2022. Dec. 01. 08:13

Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining The local heavily indebted utility has received up to 4.6 GW of requests from miners looking to connect to the grid.

First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks

CoinDesk

2022. Dec. 01. 03:30

First Mover Asia: Bitcoin Rises Again on US Fed Chair's Moderate Remarks ALSO: Sam Reynolds writes that shipping giant Maersk and IBM's decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries.

Full Transcript: NY Times' Interview With Sam Bankman-Fried

CoinDesk

2022. Dec. 01. 00:53

Full Transcript: NY Times' Interview With Sam Bankman-Fried The New York Times’ Andrew Ross Sorkin interviewed former FTX CEO Sam Bankman-Fried on Wednesday, Nov. 30, as part of the Times’ DealBook Summit. Here is a rough transcript of that conversation.

Former FTX CEO Sam Bankman-Fried: 'I Didn’t Knowingly Commingle Funds'

CoinDesk

2022. Dec. 01. 00:16

Former FTX CEO Sam Bankman-Fried: 'I Didn’t Knowingly Commingle Funds' In a highly anticipated interview at Wednesday’s Dealbook Summit, Sam Bankman-Fried expressed regret over his exchange's collapse, but clung to the narrative that it was all just a bet gone wrong.