First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 07. 00:34

First Mover Asia: Why Did Bitcoin Regain $27K? ‘No One Is Surprised by Gensler’s Actions,’ Crypto CEO Says ALSO: Why Binance's alleged co-mingling of assets isn't the same as FTX's alleged co-mingling of assets.

Atomic Wallet Was Breached by North Korean Hackers: Elliptic

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 22:48

Atomic Wallet Was Breached by North Korean Hackers: Elliptic Wallets that siphoned Atomic users' funds are connected to the known Lazarus group's addresses, crypto tracing firm said.

SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S.

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 21:19

SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S. Companies such as Coinbase and Binance may not want to, but they could be forced to focus their efforts elsewhere.

SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 20:32

SEC Seeks Temporary Restraining Order to Freeze Binance.US Assets The U.S. Securities and Exchange Commission (SEC) asked a court to grant a temporary restraining order to freeze assets tied to Binance.US on Tuesday.

Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 20:23

Bitcoin Rallies Above $27K as Crypto Market Shrugs Off SEC Lawsuits Against Binance, Coinbase Cryptocurrencies recovered some of their losses a day after Monday’s sell-off when the U.S. Securities and Exchange Commission sued Binance and deemed multiple altcoins unregistered securities.

Gary Gensler’s Evolving Position on Crypto – in Quotes

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 19:50

Gary Gensler’s Evolving Position on Crypto – in Quotes The SEC chair has gone from supporting the technology at MIT to a full-swing offensive on the crypto industry.

Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 19:14

Optimism Completes ‘Bedrock’ Hard Fork, in Pursuit of Superchain Developers behind the layer-2 scaling solution for Ethereum say the upgrade will reduce gas fees and cut deposit confirmation times.

One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 18:26

One-Two Punch Finally Registers SEC View on Binance, Coinbase, Rest of Crypto The U.S. Securities and Exchange Commission (SEC) tore off crypto’s bandage this week, with its back-to-back enforcement actions against two of the most prominent digital assets platforms, Binance and Coinbase (COIN), finally establishing its legal argument against the industry and setting up the future court fights that could decide everything.

Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 18:22

Coinbase Traders Withdraw $600M in a Day Amid SEC Lawsuits The U.S. Securities and Exchange Commission sued Coinbase for violating federal securities laws on Tuesday, a day after filing a lawsuit against rival exchange Binance.

How AI is Transforming Music Creation in Web3

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 17:25

How AI is Transforming Music Creation in Web3 While AI and automation threaten to kill creative jobs, here's how the Web3 music world is embracing the technology to enhance their craft.

Are Centralized Exchanges in the U.S. Doomed?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 16:45

Are Centralized Exchanges in the U.S. Doomed? With the SEC’s Binance and Coinbase lawsuits, the agency is signaling it really is now or never to “come into compliance.”

Louis Vuitton To Release $42,000 Physical-Backed NFTs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 16:43

Louis Vuitton To Release $42,000 Physical-Backed NFTs According to a Vogue Business, the collectibles are being sold as soulbound tokens, meaning they are non-transferable once purchased.

How to Build a Compliant Crypto Exchange Post-Coinbase

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 16:15

How to Build a Compliant Crypto Exchange Post-Coinbase Crypto isn’t going anywhere — though Coinbase might — so what the market needs is a fresh start: new exchanges that can avoid the ever-present threat of SEC enforcement by being structured correctly in the first place, writes Preston Byrne.

Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 16:00

Lightning Data Analytics Firm Amboss Launches New ‘Liner’ Index for Bitcoin Yield The company says the new index dubbed Lightning Network Rate (Liner) could be like Bitcoin’s version of the London Interbank Offered Rate (Libor), a global reference rate for loans. Liner complements Magma, the Lightning liquidity marketplace launched by Amboss last year.

Haun Ventures Leads $10M Seed Round for Web3 Gaming Studio Argus

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 16:00

Haun Ventures Leads $10M Seed Round for Web3 Gaming Studio Argus Argus also announced the World Engine, an SDK that helps developers build their own blockchain-based gaming ecosystems.

Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 15:26

Luxembourg Antitrust Authority to Probe Blockchain, Web3 Competition The market study may be the first of its kind to examine Web3 competition dynamics.

How the Metaverse May Revolutionize the Creator Economy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:59

How the Metaverse May Revolutionize the Creator Economy Consensus 2023 attendees unpack the future of Web3 and its implications for creator-first digital economies in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:58

If Crypto Wants Institutional Dollars, It Needs an ESG Game Plan: Consensus 2023 Attendees Attendees at Consensus 2023 argue that the crypto industry should embrace ESG and not hide from it in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

Coinbase Shares Slump After SEC Files Suit Against Company

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:22

Coinbase Shares Slump After SEC Files Suit Against Company Coinbase’s stock (COIN) took a major hit on Tuesday after the company was sued by the U.S. Securities and Exchange Commission (SEC) on allegations of violating federal securities law.

U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:16

U.S. Doesn't 'Need More Digital Currency' Because It Has the Dollar, Says SEC's Gensler Gensler's comments follow landmark suits filed this week against Binance and Coinbase.

Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:04

Swift and Chainlink Will Test Connecting Over a Dozen Financial Institutions to Blockchain Networks In a new set of experiments Swift will collaborate with major financial market institutions like Australia and New Zealand Banking Group Limited (ANZ), BNP Paribas, BNY Mellon, Citi, Clearstream, Euroclear and Lloyds Banking Group.

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 14:00

Bitcoin-Denominated Life Insurance Provider Sets Up Shop With $19M Funding Meanwhile's target audience is U.S. citizens with large BTC holdings, an audience from which it has "seen a lot of early demand."

Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 13:45

Bankers Shopping FTX's 'Hundreds of Millions of Dollars' Stake in AI Startup: Report At the time of its bankruptcy last November, FTX may have owned as much as $500 million worth of stock in Anthropic, the creator of ChatGPT rival Claude.

Coinbase Violated State Securities Laws With Staking Program, Alabama Regulator Alleges

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 13:32

Coinbase Violated State Securities Laws With Staking Program, Alabama Regulator Alleges The crypto exchange is facing scrutiny from a task force of ten U.S. state securities regulators after getting sued by the SEC on the same day.

Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 13:32

Coinbase Violated Securities Laws With Staking Program, Multiple U.S. State Regulators Allege The crypto exchange is facing scrutiny from a task force of 10 U.S. state securities regulators including in Alabama and California after getting sued by the SEC on the same day.

Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 13:19

Altcoins Dip Following Second SEC Lawsuit Against Crypto Exchange The SEC's lawsuit against Coinbase named thirteen altcoins as securities.

EU ‘Crypto Security’ Debate Turns New MiCA Law on Its Head

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 13:00

EU ‘Crypto Security’ Debate Turns New MiCA Law on Its Head An EU study published last week has reopened a debate over whether digital assets should be regulated as securities – though lawmakers appear to favor a tailored approach.

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 12:30

SEC Sues Coinbase on Unregistered Securities Exchange Allegations The U.S. Securities and Exchange Commission (SEC) sued U.S crypto exchange Coinbase on allegations of violating federal securities law, a day after filling a similar suit against Binance.

First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 12:01

First Mover Americas: Crypto Markets Stay Down Following SEC Suing Binance The latest price moves in bitcoin (BTC) and crypto markets in context for June 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Turbos Finance Introduces Smart Routing for Stablecoins on Sui

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 12:00

Turbos Finance Introduces Smart Routing for Stablecoins on Sui The new feature aims to reduce friction for users coming from other ecosystems to Sui and improve liquidity.

Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 09:30

Bitcoin Saw Heavy Profit Taking in May: Goldman Sachs The amount of bitcoin held on exchanges fell 12%, while ether supply saw a slight gain, the report said.

OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 08:00

OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers.

Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 08:00

Zodia Custody to Offer Staking to Institutional Clients Through Blockdaemon The firm said it is the first bank-owned custodian to offer staking services to institutional clients.

Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 07:35

Binance Lawsuit Triggers $700M in Withdrawals; Metaverse Tokens Named by SEC Lead Decline The unprecedented withdrawals only reflect a small amount of Binance's reserves, according to data from CryptoQuant.

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 06. 00:18

First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What's behind its ascent?

Apple's New Headset Could Change the Way We Design the Metaverse

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 22:54

Apple's New Headset Could Change the Way We Design the Metaverse Apple on Monday announced its Vision Pro headset, which it says "seamlessly blends digital content with the physical world." What could this mean for the future of Web3?

Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 22:29

Crypto Traders Suffer $320M Losses in Liquidations as SEC Lawsuit Against Binance Spurs Market Plunge Cryptocurrency prices nosedived Monday as the U.S. Securities and Exchange Commission (SEC) sued the crypto exchange and its chief executive for multiple federal securities law violations.

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 21:42

Genesis Bankruptcy Judge Extends Mediation Period Between Genesis, Creditors The insolvent lender will now have until August 2 to submit a plan to emerge from bankruptcy.

Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain'

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 21:17

Optimism 'Bedrock' Upgrade to Speed Confirmations, Cut Gas Fees, Set Path to 'Superchain' The "Bedrock” upgrade will improve the usability of the chain by lowering gas fees and cutting deposit-confirmation times by 90% – pitched as a key step toward the Optimism network's goal of becoming a "Superchain."

Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 21:02

Binance SEC Lawsuit Could be Preview of What Coinbase May Face, Berenberg Says If Coinbase faces charges from SEC, at least 37% of the crypto exchange's net revenue would be at risk, analysts says.

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 20:27

Binance Lawsuit Could Be ‘Huge Mistake’ or Bring Needed Clarity to U.S. Crypto Industry The Securities and Exchanges Commission’s (SEC) suit against the biggest crypto exchange in the world, Binance, could be a huge misstep if other countries allow the crypto industry to develop and it eventually replaces the traditional banking sector, Jim Bianco, president and founder of Bianco Research said.

BNB, CAKE Plummet Following SEC Crackdown on Binance

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 20:21

BNB, CAKE Plummet Following SEC Crackdown on Binance Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8%.

BNB, CAKE Plummet Following SEC Crackdown on Binance

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 18:58

BNB, CAKE Plummet Following SEC Crackdown on Binance Both are significant tokens in the Binance ecosystem and had their prices drop by more than 8% over a four-hour period.

Crypto Hedge Fund Arca Has Trimmed 30% of Its Staff

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 18:22

Crypto Hedge Fund Arca Has Trimmed 30% of  Its Staff Crypto asset manager Arca has cut 30% of its staff amid a continuing bear market and regulatory uncertainty, the company said Monday.

Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:55

Cryptocurrencies Crash After the SEC Charges Binance With Sale of Unregistered Securities   The SEC on Monday charged the crypto exchange and its CEO with violating a number of securities laws, including offering unregistered securities to the public.

Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:39

Decentralized Exchange DYdX’s Token Spikes Almost 10% After SEC Sues Binance for Alleged Securities Violations The surge in DYDX comes as the SEC alleges BNB and BUSD – tokens belonging to centralized exchange Binance – are unregistered security offerings.

Binance Endures $69M in Net Outflows Within an Hour, Amid SEC Charge: Nansen

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:26

Binance Endures $69M in Net Outflows Within an Hour, Amid SEC Charge: Nansen The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday.

Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:26

Binance Withdrawal Surges, Sees $231M in Net Outflows Amid SEC Charges The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday.

Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:26

Binance Withdrawal On Track to be Largest Since March Crypto Banking Crisis The world’s largest crypto exchange was sued for multiple securities law violations by the U.S. Securities and Exchange Commission on Monday.

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 16:25

Coinbase Shares Drop 10% Following SEC’s Suit Against Binance Shares of Coinbase (COIN) were down 10% after news broke that the Securities and Exchanges Commission (SEC) sued Binance on allegations of violating federal securities law on Monday.

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 15:15

SEC Sues Crypto Exchange Binance, CEO Changpeng Zhao Over Multiple Securities Violation Allegations The U.S. Securities and Exchange Commission is suing crypto exchange Binance and its CEO, Changpeng "CZ" Zhao on allegations of violating federal securities laws.

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 15:15

SEC Sues Crypto Exchange Binance and CEO Changpeng Zhao, Alleging Multiple Securities Violations The U.S. Securities and Exchange Commission is suing crypto exchange Binance and its CEO, Changpeng "CZ" Zhao on allegations of violating federal securities laws.

Virtual Reality Tokens Surge 8% as Traders Await Apple's VR Headset Release

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 15:12

Virtual Reality Tokens Surge 8% as Traders Await Apple's VR Headset Release Cryptocurrency's virtual reality sector has surged by almost 8% over the past 24 hours as investors anticipate Apple's VR headset reveal on Monday.

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 14:24

Optimism-Based Velodrome Token Slides Nearly 8% Ahead of Major Upgrade Velodrome’s upgrade is slated for June 15 and is a complete overhaul of the protocol.

Privacy Concerns Dominate CBDC Discussion at Consensus 2023

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 14:16

Privacy Concerns Dominate CBDC Discussion at Consensus 2023 Some Consensus 2023 participants argue that the economic benefits of CBDCs are not worth the threats to privacy in an excerpt from CoinDesk’s first-ever Consensus @ Consensus Report.

Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 14:15

Introducing CoinDesk’s First-Ever ‘Consensus @ Consensus’ Report Based on intimate, curated group discussions that took place at Consensus 2023, it covers a wide range of pressing issues for the digital assets industry.

Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 14:11

Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news.

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 14:00

New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).

3 Reasons Why Beauty on the Blockchain Makes Sense

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 13:14

3 Reasons Why Beauty on the Blockchain Makes Sense Through new forms of digital artistry and cutting-edge technological innovation, today’s leading beauty companies hope to reach Web3-native consumers, create meaningful experiences and perhaps even clean up their supply chain.

First Mover Americas: Is Bitcoin Heading Below $26K?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 12:07

First Mover Americas: Is Bitcoin Heading Below $26K? The latest price moves in bitcoin (BTC) and crypto markets in context for June 5, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 09:56

Bitcoin Retail Demand to Remain Strong Ahead of Halving Event: JPMorgan The event will double the bitcoin production cost to around $40,000, creating a positive psychological effect, the report said.

JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 09:35

JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week.

New York’s Met Museum Agrees to Return $550K in FTX Donations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 09:24

New York’s Met Museum Agrees to Return $550K in FTX Donations The bankrupt crypto company is seeking the return of funds sent by Sam Bankman-Fried’s empire before its November collapse.

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 09:03

Binance Hands Rising Star Teng Key Role to Replace CEO Zhao at Largest Crypto Exchange Taking up an expanded role overseeing regional markets outside the U.S., former regulator Richard Teng wants to demonstrate Binance is “a new organization.”

Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 08:34

Defunct Crypto Hedge Fund 3AC Insists on Taking Part in Genesis Mediation The defunct crypto hedge fund has claimed over $1 billion against Genesis, which itself filed for bankruptcy in January.

Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 08:23

Crypto Insurer Evertas’ Coverage Limit Increased to $420M: Reuters London-based Arch Insurance International, a syndicate member of Lloyd's of London, has authorized Evertas to increase its coverage limit for a single policy for crypto custodians and exchanges.

UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 08:17

UK Lawmakers Call for a Dedicated Government Role to Oversee Crypto Regulation The Crypto and Digital Assets All Parliamentary Group released its long-awaited inquiry into crypto on Monday.

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 08:08

Do Kwon's $428K Bail Request in Fake Passport Case Approved by Montenegro Court A previous approval was annulled by a higher court after it was determined the Terra founder's finances were not sufficiently assessed in the first decision.

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 05:46

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 05. 01:01

First Mover Asia: Why Did Bitcoin's Price Hold Above $27K Over the Weekend? Two Analysts Expect Continued Resilience ALSO: The bitcoin options put/call ratio across exchanges has sunk to 0.47, suggesting that fewer investors are seeking downside protection against price declines than they had prior to the passage of a bill to raise the U.S. debt ceiling.

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 23:40

Crypto Lender Celsius’ $800M Ether Staking Shake-Up Stretches Ethereum Validator Queue to 44 Days The embattled crypto lender’s ETH staking maneuver could potentially lengthen the waiting time to activate new validators in the Ethereum network to 44 days, one observer noted.

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 20:47

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data Ether and other major cryptos spent much of the day in positive territory.

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 20:22

Mercado Bitcoin, Brazil's Largest Crypto Exchange, Receives License as a Payment Institution The company plans to offer financial services that combine the potential of crypto with traditional financial services.

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 18:15

Marathon Digital Mined 77% More Bitcoin in May With the Help of Its Software The miner's bitcoin production per unit of computing power was low in April.

Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 18:11

Blockchain Association Files Amicus Brief in Coin Center Lawsuit Against U.S. Treasury Over Tornado Cash Sanctions In a statement, the trade group’s CEO Kristin Smith, said that regulatory actions should only target bad actors.

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 18:00

U.S. House Republicans Push for Crypto Oversight With Bill to Make SEC Play Ball Crypto exchanges would gain a path to registering with the U.S. Securities and Exchange Commission (SEC) and would be able to trade digital securities, commodities and stablecoins all in one place under a proposal from the Republican chairs of the two House of Representatives committees trying to hash out a bill.

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 17:31

Bridge Exploits Cost $2B in 2022, Here’s How They Could Have Been Averted The bridges that are essential to our multi-chain cryptoverse are vulnerable to hacks. But an analysis of some of the biggest exploits of the past year reveals that applying multiple security measures in combination could have blocked the attacks, writes Gnosis co-founder Martin Koppelmann.

What AI Governance Can Learn From Crypto’s Decentralization Ethos

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 17:02

What AI Governance Can Learn From Crypto’s Decentralization Ethos Prominent critics of AI development are calling for government intervention to stave off the threat of human extinction. But we need more than centralized regulation of this industry, argues Michael J. Casey.

Binance Market Share Drops to Lowest Level Since October

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 16:52

Binance Market Share Drops to Lowest Level Since October The exchange remains the largest cryptocurrency exchange by trading volume.

Apple and Goldman Sachs Don’t Trust Their New Banking Customers

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2023. Jun. 02. 16:40

Apple and Goldman Sachs Don’t Trust Their New Banking Customers “Security Reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.

Sotheby’s Golden ‘Goose’ Sale and Mercedes Benz Puts NFTs in Motion

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 16:05

Sotheby’s Golden ‘Goose’ Sale and Mercedes Benz Puts NFTs in Motion Sotheby’s will sell Dmitri Cherniak's “The Goose” NFT at a live auction this month, while Mercedes Benz released a collection inspired by its luxury vehicles.

Kenya Central Bank Takes Ambivalent Stance on Digital Currency

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2023. Jun. 02. 16:01

Kenya Central Bank Takes Ambivalent Stance on Digital Currency The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said.

Justin Sun: Huobi Could Have Hong Kong License in 6 to 12 Months

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2023. Jun. 02. 14:13

Justin Sun: Huobi Could Have Hong Kong License in 6 to 12 Months Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months

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2023. Jun. 02. 14:13

Justin Sun Predicts Huobi May Get Hong Kong License in 6 to 12 Months Crypto exchange Huobi could receive a crypto trading license in Hong Kong as soon as the end of the year, Huobi advisor and Tron founder Justin Sun said on CoinDesk TV on Friday.

CoinDesk Turns 10: 2015 – Vitalik Buterin and the Birth of Ethereum

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2023. Jun. 02. 13:33

CoinDesk Turns 10: 2015 – Vitalik Buterin and the Birth of Ethereum The most used blockchain is supposed to be immutable. So why has it changed so much from its founding?

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain

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2023. Jun. 02. 13:00

Credit Suisse, Deutsche Bank-Backed Taurus Deploys on Polygon Blockchain The Swiss firm aims to allow financial institutions and corporates to issue tokenized assets on the Ethereum layer 2 network.

Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark

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2023. Jun. 02. 12:52

Solving Lightning’s ‘Inbound Liquidity’ Problem Is Focus of New Layer 2 Bitcoin Protocol, Ark The new protocol’s 24-year-old creator says Lightning’s inbound liquidity requirement - requiring users to commit funds to the protocol even when they're just receiving payments – “doesn’t make any sense.”

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K

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2023. Jun. 02. 12:35

U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27K Continued strong gains in monthly employment figures have added to the Fed's case for rate hikes.

First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 12:16

First Mover Americas: Bitcoin Bounces Back to $27K Ahead of Jobs Report The latest price moves in bitcoin (BTC) and crypto markets in context for June 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

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2023. Jun. 02. 12:13

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site

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2023. Jun. 02. 12:04

Cathedra Bitcoin to Deploy Crypto Miners at 360 Mining's Texas Site Cathedra will pay $55 per megawatt hour of power used plus 10% of gross bitcoin mined at the site.

Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport

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2023. Jun. 02. 10:15

Bitcoin Miners Are Probably Selling Their Output at the $28K Level: Matrixport Miners are being forced to liquidate any new bitcoin mined as margins have narrowed in recent weeks, the report said.

Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On

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2023. Jun. 02. 08:31

Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month.

Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures

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2023. Jun. 02. 08:18

Coinbase Derivatives Exchange to Offer Institutional Bitcoin and Ether Futures These products come on the back of the nano futures that were launched last year.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

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2023. Jun. 02. 08:15

Uniswap Community Votes Down Protocol Fees for Liquidity Providers The initial snapshot poll was voted against by the community in a surprising move.

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst

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2023. Jun. 02. 01:42

First Mover Asia: Bitcoin Has Reached 'a General Accumulation Phase': Analyst ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.

U.S. Commodities Agency May Change Risk Rules to Consider Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 02. 00:28

U.S. Commodities Agency May Change Risk Rules to Consider Crypto The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from holding customers’ digital assets.

Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks

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2023. Jun. 01. 23:24

Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks USDT has reached a $83.2 billion market capitalization, recovering all its losses since the implosion of blockchain project Terra more than a year ago.

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 01. 21:36

Bitcoin Lingers Under $27K to Continue Its May Sluggishness Amid Inflation Concerns BTC and ether both lost ground in May, the first monthly decline of 2023. LTC and RNDR were among the month’s big gainers.

Japan's Largest Airline Group ANA Launches NFT Marketplace

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2023. Jun. 01. 19:53

Japan's Largest Airline Group ANA Launches NFT Marketplace All Nippon Airways (ANA) is also working on a metaverse travel experience that will integrate passengers' flight histories into their digital avatars.

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity

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2023. Jun. 01. 19:11

Litecoin Starts June Strong as Investors Eye August Halving, Uptick in Activity LTC has outperformed both bitcoin and ether over the last 30 days.

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

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2023. Jun. 01. 19:07

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase

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2023. Jun. 01. 18:51

MakerDAO Paves Way for Additional $1.28B U.S. Treasury Purchase The protocol’s community voted for onboarding a new real-world asset vault that would invest up to the additional amount in U.S. Treasury bonds.

CoinDesk Turns 10: The ICO Era – What Went Right?

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2023. Jun. 01. 18:34

CoinDesk Turns 10: The ICO Era – What Went Right? The ICO boom is remembered as an orgy of fraud and scammy behavior. But ICOs funded many crypto success stories - and might still have benefits, says David Z. Morris. This story is part of our series looking back at the biggest stories from the last decade. The ICO boom is our choice for 2018.

For Financial Advisors, Real World Assets Could Be a Safe(r) Path to Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 01. 18:20

For Financial Advisors, Real World Assets Could Be a Safe(r) Path to Crypto Financial Advisors should consider Real World Assets (RWA) as a way to approach the digital asset sector, minus most of the volatility.

Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted

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2023. Jun. 01. 17:50

Bitcoin Miners Gain Support From Texas With Two Bills Passed, One Halted Two bills that will seem to embrace mining have been sent to the governor, whereas one that would adversely affect miners was stopped at committee.

Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games

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2023. Jun. 01. 16:16

Nike Is Bringing Its .SWOOSH NFTs to EA Sports Games The sportswear giant and game publisher are partnering to build new immersive experiences in the EA Sports gaming ecosystem.

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets

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2023. Jun. 01. 16:16

MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens

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2023. Jun. 01. 15:55

As Multichain Wobbles, Some Fantom-Based DeFi Projects Flee Bridged Tokens The actions showcase how Multichain’s faltering infrastructure and AWOL CEO are sending shockwaves through Fantom, the blockchain most heavily dependent on Multichain’s bridges.

GameStop Teams Up with The Telos Foundation to Grow Web3 Gaming Strategy

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2023. Jun. 01. 15:50

GameStop Teams Up with The Telos Foundation to Grow Web3 Gaming Strategy The leading game retailer will distribute Telos-based games on its forthcoming Web3 gaming launchpad, GameStop Playr.

Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says

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2023. Jun. 01. 14:50

Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force

Sui Blockchain Signs Multiyear Deal With Red Bull Racing

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2023. Jun. 01. 14:09

Sui Blockchain Signs Multiyear Deal With Red Bull Racing Sui will roll out a series of digital experience for racing fans over the coming months.

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 01. 13:00

Bitcoin Miner CleanSpark Buys 12,500 Bitmain Machines for $40.5M CleanSpark has been buying up assets during the bear market to reach its 2023-end of 16 EH/s, but discounts are getting smaller.

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K

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2023. Jun. 01. 12:21

First Mover Americas: Bitcoin Begins June Dropping Back Below $27K The latest price moves in bitcoin (BTC) and crypto markets in context for June 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Treat Crypto as Securities by Default, European Parliament Study Says

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2023. Jun. 01. 10:35

Treat Crypto as Securities by Default, European Parliament Study Says Landmark new crypto laws under MiCA may have few short-term benefits without further steps, the report commissioned by EU lawmakers says

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 01. 09:11

Bankruptcy Claims Exchange OPNX Issues New Governance Token, FLEX Rises 16% Bankruptcy claims exchange OPNX has issued a new governance token that is designed to reduce trading fees on the platform.

Crypto.com Receives Digital Token License in Singapore

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2023. Jun. 01. 08:30

Crypto.com Receives Digital Token License in Singapore The exchange received in-principle approval in Singapore last June.

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. Jun. 01. 08:14

Crypto Exchange Kraken’s Canada Customer Deposits Rose 25% After Binance Announced Departure Kraken also saw a fivefold increase in app downloads within a week of OKX saying it was leaving the country back in March.

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

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2023. Jun. 01. 08:00

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform The debt sale was the first of its kind for the French sustainable agriculture business.

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten

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2023. Jun. 01. 02:02

First Mover Asia: Bitcoin Settles Above $27.1K After Early Wednesday Dip as Rate Hike, Inflation Worries Heighten ALSO: Large bitcoin holders reduced their holdings and sent assets to exchanges in the days leading up to the debt deal. What's next?

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In

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2023. Jun. 01. 02:00

First Digital Unveils USD Stablecoin as Hong Kong Crypto Rules Kick In The stablecoin is issued by a registered trust owned by First Digital.