Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 23:45

Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say Improving liquidity conditions so far this year has lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resumes tightening, analysts said.

Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 22:03

Pixel Penguins, an NFT Charity Scam, Shows Dangers Of NFT Influencer Culture Behind every PFP with thousands of followers on Twitter is a person. And in Web3, it’s not always best to trust one person’s word on whether or not to mint into an NFT collection.

Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 20:55

Jimbos Protocol to Work With U.S. Homeland Security to Help Recover $7.5M From Flash Loan Exploit The team is opening more cases in other jurisdictions and offering a roughly $800,000 bounty to the general public for information on the exploiter.

Covering the 2024 Presidential Election

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 20:30

Covering the 2024 Presidential Election It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis (R) officially declared his candidacy last week, though he appears to have been laying the groundwork (campaigning) for quite some time. Crypto hasn’t been an issue in any previous presidential election, and barely popped its head up during the last few midterms. But as CoinDesk prepares to cover the next roughly 18 months, it looks increasingly likely that this industry will pop its head up.

Welcome, Crypto, to the Fiery Cauldron of U.S. Presidential Politics

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 20:24

Welcome, Crypto, to the Fiery Cauldron of U.S. Presidential Politics Whether the crypto industry wants the spotlight or not, digital assets are among the earliest talking points in the 2024 U.S. presidential election, with the most prominent of the new candidates even invoking bitcoins in his campaign opener as evidence of President Joe Biden’s missteps.

TradFi Giant TP ICAP Brings Crypto Spot Trading to Institutional Investors

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 20:05

TradFi Giant TP ICAP Brings Crypto Spot Trading to Institutional Investors The Fusion Digital Assets marketplace opened for trading last week offering trading in bitcoin and ether against the U.S. dollar.

NFT Artist Fewocious Reveals Upcoming Collection “Fewos”

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 19:39

NFT Artist Fewocious Reveals Upcoming Collection “Fewos” The collection consists of 20,000 Fewos, or characters in the Fewocious’ Web3 universe Fewoworld, and will be available to mint in late August.

The PulseChain Sideshow Tent Is Collapsing

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 18:47

The PulseChain Sideshow Tent Is Collapsing Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.

Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 17:54

Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun Multichain has suffered days of issues amid swirling rumors over the fate of its team.

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 17:01

U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline.

A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 16:58

A House Bill Would Make It Harder for the SEC to Argue Crypto Tokens Are Securities The five-page, bipartisan Securities Clarity Act by Representatives Tom Emmer and Darren Soto would significantly reduce uncertainty for both crypto investors and issuers, write Bain Capital Crypto’s Tuongvy Le and Khurram Dara.

StepStone VC Raises $97M for Two Blockchain Funds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 16:51

StepStone VC Raises $97M for Two Blockchain Funds SEC filings show pooled investment figures for the two private equity funds.

EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 16:00

EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law The MiCA law is set to make the bloc the first major jurisdiction with tailored crypto regulations.

Washington Ignored Crypto for Now. That’s Good for Bitcoin.

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 16:00

Washington Ignored Crypto for Now. That’s Good for Bitcoin. A huge tax on BTC miners didn’t make it into a deal to resolve the battle, and a separate provision might actually (unintentionally) help them.

Sell Crypto Volatility in May, and Go Away?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 16:00

Sell Crypto Volatility in May, and Go Away? The recent calm in bitcoin (BTC) and ether (ETH) should not lull market participants into a false sense of security.

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 15:30

5 Years After the $500K Ethereum Wager Between Joe Lubin and Jimmy Song, Who Won? The bet made at Consensus 2018 hinged on how far Ethereum adoption would get by now. Crypto analysts say the blockchain appears to have met a key threshold, or at least got very close.

USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 15:00

USDT Issuer Tether Ventures Into Payment Processing With Georgia Investment The stablecoin issuer announced earlier this week it is investing in a sustainable bitcoin mining facility in Uruguay.

Binance Says 'Reevaluating' Roles After Report of Layoffs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 14:19

Binance Says 'Reevaluating' Roles After Report of Layoffs The firm will "focus on talent densite" ahead of the next bull market, a spokersperson told CoinDesk.

EU’s Banking Regulator Highlights AML Risks in Privacy Coins, Self-Hosted Wallets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 14:18

EU’s Banking Regulator Highlights AML Risks in Privacy Coins, Self-Hosted Wallets The European Banking Authority wants to extend money laundering guidance to crypto firms and banks that trade with them

Sotheby's Second 3AC NFT Auction Includes Landmark Dmitri Cherniak Work

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 14:02

Sotheby's Second 3AC NFT Auction Includes Landmark Dmitri Cherniak Work "The Goose" by the generative artist was purchased by 3AC co-founders Su Zhu and Kyle Davies in August 2021 for about $5.8 million.

PayPal Ventures Leads $52M Round for Crypto Firm Magic

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 13:26

PayPal Ventures Leads $52M Round for Crypto Firm Magic The startup offers non-custodial wallet infrastructure for an enterprise client list that includes Macy’s and Mattel.

Crypto Traders Need to Pay Attention to Chinese Yuan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 13:22

Crypto Traders Need to Pay Attention to Chinese Yuan The Chinese yuan has declined by 2.7% against the U.S. dollar this month, while bitcoin has dropped by 7.3%.

Crypto Infrastructure Firm Anoma Foundation Raises $25M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 13:00

Crypto Infrastructure Firm Anoma Foundation Raises $25M The Swiss non-profit oversees the Anoma blockchain architecture and the layer 1 blockchain Namada.

Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 12:14

Venture Capital Firm Tribe Capital Targets $100M for Latest Crypto Fund: Sources Tribe plans to make early-stage investments of $500,000-$3 million in layer 1 and 2 ecosystems, DeFi projects and infrastructure plays to bring real-world assets on chain.

First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 12:06

First Mover Americas: Bitcoin Slumps Back to $27K on Fed Worry  The latest price moves in bitcoin (BTC) and crypto markets in context for May 31, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Find Satoshi Labs Rolls Out AI Tool That Turns Selfies Into NFTs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 11:00

Find Satoshi Labs Rolls Out AI Tool That Turns Selfies Into NFTs The parent company behind Web3 game STEPN is releasing GNT V3, which will allow users to turn their selfies into digital artworks on the Solana blockchain.

Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 07:26

Bitcoin Recedes to $27K as Fed's Mester Favors Unabated Tightening "I don't really see a compelling reason to pause rate hikes," Fed's Master said, validating the recent hawkish repricing of interest rate expectations in the U.S.

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 31. 01:03

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 22:55

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.

Bitcoin Edges Below $28K as Investors Eye U.S. Debt Ceiling Progress

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 22:55

Bitcoin Edges Below $28K as Investors Eye U.S. Debt Ceiling Progress Investors awaited a House vote on the debt ceiling deal, scheduled for Wednesday.

ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 20:37

ProShares’ Bitcoin Futures ETF Increasingly Underperforms BTC This Year: K33 Research The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 20:37

ProShares’ Bitcoin Futures ETF Underperforms BTC This Year: K33 Research The underperformance stems from hidden costs of rolling futures contracts every month as they expire called the “contango bleed,” exacerbated by this year’s rebound in BTC price.

Web3 Payments Firm Transak Raises $20M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 19:15

Web3 Payments Firm Transak Raises $20M The startup offers on- and off-ramps that could make it easier for new users to interact with Web3 projects.

Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 19:09

Texas Bill That Would Limit Miners' Participation in Cost-Saving Grid Programs Stopped in House Committee The legislation would have capped the industry's participation in demand response programs.

Should Russia Bolster or Ban Bitcoin?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 18:45

Should Russia Bolster or Ban Bitcoin? The country reportedly backed out of plans to build a "national crypto exchange," its latest sign of indecision.

Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 18:38

Former Coinbase Employee, U.S. SEC Settle Insider Trading Charges The U.S. Securities and Exchange Commission settled charges with a former Coinbase product manager and his brother tied to 2022 allegations of insider trading on certain cryptocurrencies listed by Coinbase, the regulator announced Tuesday.

Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 18:01

Crypto Exchange Bybit Exits Canada Citing Recent Regulatory Development Bybit has announced that it will be exiting the Canadian market starting as soon as May 31 due to recent regulatory developments in the country, adding to several other exchanges that pulled out from the country.

BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 17:19

BRC-721E Token Standard Converts Ethereum NFTs to Bitcoin NFTs The new token standard allows traders to burn their ERC-721 NFTs and transfer them to Ordinals on the Bitcoin network.

U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 17:13

U.S. CFTC Warns About Clearing Derivatives Tied to Digital Assets The derivatives agency said that clearing organizations it oversees have moved into the crypto space and it issued a reminder that they need to actively address the risks.

Nansen Slashes 30% of Headcount in Bid to Cut Costs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 16:55

Nansen Slashes 30% of Headcount in Bid to Cut Costs The company said it has multiple years of runway ahead, despite the need to now reduce expenses.

Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 16:02

Mercedes Benz Web3 Arm To Release NFT Collection With Digital Art Community Fingerprints DAO Titled “Maschine,” the generative art collection was created by Dutch artist Harm van den Dorpel and draws inspiration from automotive concepts.

FTX Examiner Appointment Referred to Court of Appeals by District Judge

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 15:32

FTX Examiner Appointment Referred to Court of Appeals by District Judge The U.S. government is pushing to have an independent inquiry into the crypto exchange despite concerns over cost

The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 14:51

The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector.

Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 13:36

Stablecoin Issuer Tether Invests in Sustainable Bitcoin Mining in Uruguay Tether announced this month to invest a part of its net realized profits in BTC purchases and infrastructure.

Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 13:21

Bitcoin Mining Difficulty’s Record Setting Streak Shows No Signs of Stopping The difficulty of mining bitcoin is poised to set a new all-time high this week as miners continue to deploy new mining machines to cash in on recent spike in revenue.

Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 12:22

Crypto Exchange bitFlyer Aligns Itself With FATF 'Travel Rule' With New Restrictions The company is only allowing crypto and transfers to platforms that comply with Coinbase-led Travel Rule Universal Solution Technology (TRUST).

First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 12:17

First Mover Americas: Bitcoin on Track for First Monthly Loss of the Year The latest price moves in bitcoin (BTC) and crypto markets in context for May 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 12:02

India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets.

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 11:12

Blockchain-Based Render Network's Token Tracks Tech Stocks as Broader Crypto Market Decouples RNDR has been a good high beta Nasdaq play in recent weeks, one portfolio manager noted.

ECB Finalizes Digital Euro Prototypes as Development Decision Looms

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 09:37

ECB Finalizes Digital Euro Prototypes as Development Decision Looms The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency.

Crypto Storage Firm Qredo's Revamped Self-Custody Wallet Goes Live

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 09:00

Crypto Storage Firm Qredo's Revamped Self-Custody Wallet Goes Live The New Qredo remains aimed at the institutional crypto market, but now it's low-cost and open to anyone, says COO Josh Goodbody.

U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 08:13

U.S. Criminal Charges Against Sam Bankman-Fried Don’t Warrant Dismissal, Prosecutors Say Lawyers for the disgraced exchange executive filed pre-trial motions in early May to dismiss most of the charges on technicalities or procedural issues.

Bitcoin Headed for First Monthly Loss in 6 Months

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 08:00

Bitcoin Headed for First Monthly Loss in 6 Months The liquidate wave from the narrative of lower inflation has now run its course and the market needs a new driver and theme to lift prices higher, one observer said.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 06:33

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 05:57

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 30. 00:44

First Mover Asia: Does Crypto’s Success Depend on the Upcoming Presidential Election? ALSO: The Commitment of Traders report shows that asset managers have increased their open long positions in bitcoin after falling in the two prior weeks.

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 12:20

Dogecoin Chart Pattern Suggests Volatility Explosion Ahead A technical analysis indicator called Bollinger bandwidth suggests dogecoin's unusual calm could soon end with a pronounced move in either direction.

Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 10:00

Gemini and Bankrupt Lender Genesis Asks U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.

Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 10:00

Gemini and Bankrupt Lender Genesis Ask U.S. Court to Dismiss SEC Lawsuit Targeting Earn Program The U.S. Securities and Exchange Commission alleged the two entities had sold unregistered securities through Gemini's Earn program.

Bitcoin's Short-Term Holders Are Again Selling at Profit

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 09:52

Bitcoin's Short-Term Holders Are Again Selling at Profit Short-term holders' renewed profitability is a positive signal for near-term price action, according to on observer.

Fantom Will Pay Back 15% of Token Fees to Some Projects

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 08:09

Fantom Will Pay Back 15% of Token Fees to Some Projects The move is part of an initiative to drive demand for block space, which help add to the value proposition of ftm tokens.

Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 06:25

Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”

Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 04:46

Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live.

Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 04:21

Singapore's Temasek to Exercise Caution in Crypto Space After FTX Nightmare Temasek wrote down the entirety of its investment in FTX in November.

Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 02:00

Indian Crypto Exchanges Are in Survival Mode, Trying to Extend Their Runways India’s CoinDCX, CoinSwitch, WazirX, BuyUCoin, ZebPay and Giottus all think they'll survive the current bear market – here’s how.

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 29. 01:06

First Mover Asia: Bitcoin Rises Past $28K on Debt Ceiling Deal ALSO: A Chinese governmental agency released a paper over the weekend that outlined suggestions for China's Web3 policy, but it didn't broach must new ground. Still, the paper represented progress for a country that is keen to write the next generation of technology standards.

Striving for the Impossible: Reasonable Crypto Debate

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 18:10

Striving for the Impossible: Reasonable Crypto Debate Debates in crypto are increasingly polarized and politicized, as a recent CoinDesk story about a controversial mining plant in New York shows.

Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 16:56

Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts.

Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 16:05

Nike Trips Up .SWOOSH Launch While Bitcoin NFTs Soar Nike’s .SWOOSH NFT drop was filled with missteps, while a Bitcoin NFT collection topped the charts and NFT lending is gaining momentum with Binance and Astaria entering the market.

Stablecoin Issuer Lybra Finance Nears $100M in TVL

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 15:54

Stablecoin Issuer Lybra Finance Nears $100M in TVL Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin.

Gulf Binance Clinches Thai Regulatory Approval

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 14:41

Gulf Binance Clinches Thai Regulatory Approval The joint venture between Gulf Innova and Binance aims to offer crypto services in the country starting later this year.

Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 13:53

Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply.

Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 12:53

Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager Tsuyoshi Chino added that Binance J.apan may be still "a long way off" its business and activities being properly understood in gaining regulatory acceptance

First Mover Americas: Digital Currency Group Is Closing Down TradeBlock

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 12:00

First Mover Americas: Digital Currency Group Is Closing Down TradeBlock  The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 11:00

Coinmint Sues California Chipmaker for $23M, Alleging ‘Elaborate Deception’ The mining firm, which has been embroiled in several legal battles, describes an elaborate fraud scheme for a $150 million contract.

F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 11:00

F1 Ticket Provider Platinum Group Introduces NFT Tickets for Global Racing Event The NFTs, debuting this weekend at the Monaco Grand Prix, offer collectors access to the race as well as a host of loyalty benefits.

Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 09:09

Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.

EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 08:47

EU Investment Firms Should Clearly State Crypto Is Unregulated, Watchdog Says Companies that market crypto alongside traditional securities might mislead consumers about access to fair advice and compensation, the European Securities and Markets Authority worries.

Ether Balance on Exchanges Nears All-Time Low

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 08:25

Ether Balance on Exchanges Nears All-Time Low Drop comes as the number of staked ether has surged.

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 07:37

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

The Invisible Hand Restricting Bitcoin and Ether Price Swings

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 06:58

The Invisible Hand Restricting Bitcoin and Ether Price Swings Hedging activity of market makers, who are always on the opposite of investors' trade, seems to have kept prices rangebound off late.

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 26. 00:57

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively.

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 23:45

First Mover Asia: Bitcoin Holding Pattern Continues as Lawmakers Make Progress in Debt Limit Negotiations ALSO: Graphics chip manufacturer Nvidia's powerful GPUs were well-suited for bitcoin mining but they now seem primed to boost the company's sales because of their usefulness in artificial intelligence technology.

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 21:52

Nike OF1 NFT Sale Surpasses $1M Despite Delays, Tech Issues The highly-anticipated virtual sneaker sale on .SWOOSH faced persistent delays, leaving some users frustrated. Meanwhile, Nike has so far labeled the release as a success.

U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 21:19

U.S. Presidential Candidate Ramaswamy Takes Potshot at DeSantis Bitcoin Remark The largest cryptocurrency is suddenly a talking point in the 2024 race, after Florida Governor Ron DeSantis declared he would “protect the ability to do things like Bitcoin” during the launch of his campaign on Twitter on Wednesday.

DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 21:11

DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock The crypto conglomerate suffered a loss of more than $1 billion last year.

Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 20:56

Bitcoin Lingers Below $26.5 Amid Debt Ceiling Worries Unemployment and productivity data arrived stronger than expected but investors seemed focused narrowly on the ongoing negotiations that will determine if the U.S. government has to default on its debts.

Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 20:48

Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy.

CoinDesk at 10: The Ghost of Libra Lives On

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 20:36

CoinDesk at 10: The Ghost of Libra Lives On Facebook’s ambitious 2019 stablecoin project never went live. But it sure left a lasting impression. This feature is part of our CoinDesk Turns 10 series looking at the biggest stories in crypto history.

Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 20:00

Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation.

Brazil's Central Bank Selects 14 Participants for CBDC Pilot

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 20:00

Brazil's Central Bank Selects 14 Participants for CBDC Pilot Among those selected are the largest local banks, Visa and Microsoft.

Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 19:58

Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look Bitcoin miners might find non-mining AI applications too tantalizing to pass up.

Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 18:07

Pudgy Penguins NFT Project, Once Endangered, Proves Web3 Turnaround Is Possible After Pudgy Toys debuted on Amazon on May 18, the floor price of the cute NFT project shot up over 6 ETH. Now, with the launch of Pudgy World and the addition of the collection to the NFT lending platform Blend, it is continuing to build momentum.

If Crypto Is the Future, Advisors Need to Embrace It Now

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 17:26

If Crypto Is the Future, Advisors Need to Embrace It Now Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future.

Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 15:01

Norway Should Consider a National Strategy for Crypto Regulation: Norges Bank Report The bank says lawmakers should take advantage of existing regulations that cater to systemic risk and enforcement action for example, as well as stresses the need for crypto specific ones.

Blend Seizes 82% of NFT Lending Market Share: DappRadar

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 15:00

Blend Seizes 82% of NFT Lending Market Share: DappRadar Since NFT lending marketplace Blend launched May 1, it has amassed 169,900 ETH, or about $308 Million in volume.

French Lawmakers Strike Softer Deal on Crypto Influencer Law

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 14:28

French Lawmakers Strike Softer Deal on Crypto Influencer Law A final compromise appears to allow registered crypto firms to advertise through social media influencers, potentially easing industry fears.

How Crypto Can Help Secure AI

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 14:11

How Crypto Can Help Secure AI Rapid advances in artificial intelligence create unique safety challenges. Can skills and approaches honed by the crypto community make AI safe for humanity?

South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 14:03

South Africa’s Crypto Firms Will Soon Need to Apply for Registration or Face a Heavy Fine Continuing operations without applying for registration could lead to a $542,854 fine or imprisonment.

Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 14:00

Ex-Sushi CTO Led NFT Lending Platform Astaria Rolls Out to Public After months in a closed beta, the NFT lending platform has witnessed the highs and lows of its competitors in the space and aims to boost NFT market liquidity while protecting the interests of lenders and borrowers.

South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:52

South Korea Lawmakers Pass Law Requiring Officials to Disclose Crypto Holdings: Report Lawmakers recently called for the Bill to take effect within two months.

Binance Launching NFT Loan Feature

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:34

Binance Launching NFT Loan Feature The tool, launching on Friday, will initially support Ethereum loans and NFTs from Bored Ape Yacht Club, Mutant Ape Yacht Club, Azuki and Doodles collections.

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:15

Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund The firm has so far received $20 million out of its $100 million target for the fund.

Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:00

Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital Other investors in the Series C round included Bain Capital Crypto and Distributed Global.

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:00

Sam Altman’s Crypto Project Worldcoin Raises $115M, Led By Blockchain Capital Other investors in the Series C round included Bain Capital Crypto and Distributed Global.

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:00

Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens.

Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:00

Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.

IoT Devices Can Now Connect to Both Helium Network and Amazon Sidewalk

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 13:00

IoT Devices Can Now Connect to Both Helium Network and Amazon Sidewalk   The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network.

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 12:19

First Mover Americas: Bitcoin Falls to $26K; Is $24K Next?  The latest price moves in bitcoin (BTC) and crypto markets in context for May 25, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Options Market Signals Weakness over Six Months Amid Debt Ceiling Drama

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 11:42

Bitcoin Options Market Signals Weakness over Six Months Amid Debt Ceiling Drama The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 11:42

Bitcoin Options Market Signals Weakness over 6 Months Amid Debt Ceiling Drama The renewed bias for bitcoin puts is consistent with the increased demand for downside protection seen in the options market tied to S&P 500.

Crypto Exchange Coincheck's Nasdaq Listing Could Be Delayed Again

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 11:24

Crypto Exchange Coincheck's Nasdaq Listing Could Be Delayed Again A merger with Thunder Bridge Capital may not be completed by a July 2 deadline, potentially causing a further year's delay.

BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 09:45

BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know Three distinct enhancements aim to make the network faster and more secure.

Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 09:24

Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 08:18

Lawyers Challenging U.S. Tornado Cash Sanctions Say Free Speech Is at Stake Open source software isn’t property, and current sanctions laws are ill-equipped to handle this, lawyers argue.

Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 08:04

Do Kwon's Detention in Montenegro Extended After High Court Decision to Revoke Bail A lower court had determined the value of Kwon's property based on "statements" and not concrete evidence, a high court cited in a decision to scrap his bail approval.

Crypto Trading Platform Bitget to Offer Off-Exchange Settlement With Copper’s ClearLoop

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 08:00

Crypto Trading Platform Bitget to Offer Off-Exchange Settlement With Copper’s ClearLoop Digital assets safely held within Copper’s infrastructure can be simultaneously delegated to trade on Bitget.

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 07:36

Bitcoin-Based ‘Space Pepes’ Led Weekly Trading Volumes Among NFT Collections Bitcoin-based NFT collections have triumphed over Solana and Polygon-based offerings in recent weeks.

Bitcoin's 'Ichimokou Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 07:13

Bitcoin's 'Ichimokou Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.

Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 07:13

Bitcoin's 'Ichimoku Cloud' Suggests Deeper Drop Toward $24K: Technical Analysis Ichimoku Cloud, created by Japanese journalist Goichi Hosada in the 1960s, is widely used to gauge momentum and trend strength.

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 07:05

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 06:38

Fahrenheit Wins Bid to Acquire Assets of Insolvent Crypto Lender Celsius The Arrington Capital-backed grouping beat fellow bidder NovaWulf for Celsius’ assets, with the Blockchain Recovery Investment Consortium selected as back-up.

DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 04:14

DeSantis: ‘Bitcoin Represents a Threat to the Current Regime’ Florida’s governor and the Republican’s latest leadership candidate talked crypto and central bank digital currencies in a Twitter space with Elon Musk.

First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 25. 00:45

First Mover Asia: Bitcoin Holds Below $27K Amid Macro Uncertainties ALSO: Market maker Flowdesk is looking to expand in the U.S., even as a number of major crypto firms, including Coinbase, have lost enthusiasm there because of ongoing regulatory uncertainties.

Bitpanda Partners With Coinbase to Help Europe’s Banks Offer Crypto to Customers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 23:01

Bitpanda Partners With Coinbase to Help Europe’s Banks Offer Crypto to Customers Coinbase will use Bitpanda Technology Solutions, a business-to-business infrastructure layer provider, to connect directly into banks and fintechs.

Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 22:06

Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices The continued contraction of the stablecoin market capitalization suggests that the crypto markets are still in their bear phase, macro analyst Tom Dunleavy said.

Excavating the Truth Around the Bitcoin Mining Discourse

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 21:28

Excavating the Truth Around the Bitcoin Mining Discourse Last year, a group of CoinDesk reporters traveled to Seneca Lake to examine the effect Greenidge Generation – a resurrected power plant that now mines bitcoin – had on the surrounding communities. Though we expected to hear locals say they disliked the plant and its continued operation, we found the opposite.

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 21:14

Bitcoin’s Doldrums Below $26.5K Endure as Investors Weigh Debt Ceiling Stalemate, Latest FOMC Minutes The largest cryptocurrency by market capitalization sank below $26.2K early Wednesday after disappointing U.K. inflation data.

Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 19:53

Crypto Execs Give Washington Influence Another Go With FTX Anchor Around Necks When Washington, D.C. lawmakers tune into their favorite Sunday morning political shows this week, they’ll also get a dose of crypto messaging, thanks to a Coinbase (COIN) campaign that’s part of the next stage in the industry’s attempt to influence U.S. policy.

Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 19:27

Tensions Rise Between SushiSwap, Lido Over Return of Exploited Funds Two decentralized finance projects are butting heads over a governance proposal that could see the recovery of 40 ETH stolen in Sushiswap's April hack.

Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 17:27

Cathie Wood Thinks the U.S. Crypto Exodus Is Here. Is It? Strike, Coinbase and others have intimated they may leave the United States due to regulatory pressure. But those may be empty threats.

Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 17:19

Ledger Recover Fiasco Exposes Gap Between Blockchain Ideals and Technical Reality After a video went viral of what appears to be a hardware wallet getting smashed with a hammer and then blow-torched into a charred mass, Ledger (and all of the crypto industry) got a searing reminder on the importance of managing expectations.

Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 17:01

Ledger's PR Struggle Reveals Uncomfortable Trade-Offs for Crypto Storage Hardware wallet maker said full open sourcing is not an option as it needs to protect the security of its chip design.

Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:57

Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.

Web3-Friendly Browser Brave Introduces NFT-Gated Video Calls

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:50

Web3-Friendly Browser Brave Introduces NFT-Gated Video Calls The new tool for its Brave Talk video service allows hosts to use NFTs and POAPS to manage access to calls.

Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:38

Montenegro High Court Says No Bail for Terra's Do Kwon in Fake Passport Case: Bloomberg Prosecution appealed a previous decision by a lower court in the country to let the disgraced founder go free while he faced trial.

Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:29

Bitcoin Payments Firm Strike’s Headquarters to Stay in U.S., Despite New El Salvador Office The company established a headquarters in El Salvador for its global entity as it expanded its app to more than 65 countries last week.

AI Can Generate a Trading Edge in Crypto Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:00

AI Can Generate a Trading Edge in Crypto Markets Large language models like ChatGPT could supercharge sentiment analysis, a key aspect of trading.

Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 16:00

Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs).

Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 15:35

Crypto Security Firm Unciphered Claims Ability to Physically Hack Trezor T Wallet  Unciphered, a company of cybersecurity professionals who recover lost cryptocurrency, says it found a way to physically hack into the Trezor T hardware wallet. Trezor says it acknowledged a similar-sounding attack vector a few years ago.

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 15:32

Fantom Foundation Removes $2.4M MULTI from SushiSwap Liquidity Pool The Fantom Foundation – the team developing the Fantom blockchain – removed millions of dollars in liquidity from a trading pool for the native token of Multichain on Wednesday, compounding concerns over the cross-chain bridging protocol’s stability.

Black Market for Worldcoin Credentials Pops Up in China

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 15:23

Black Market for Worldcoin Credentials Pops Up in China The startup looking to create a global blockchain-based identification system using iris scans is getting duped by Chinese users.

0x Releases Latest Version of DEX Aggregator Matcha

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 15:00

0x Releases Latest Version of DEX Aggregator Matcha Exchange infrastructure provider 0x released Wednesday its newest iteration of Matcha, a decentralized exchange (DEX) aggregator, which incorporates several features focused on enhancing the trading experience for users.

Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 14:01

Ava Labs Launches 'No-Code' Web3 Launchpad AvaCloud Ava Labs says that new tool will create greater revenue opportunities and "sets the stage for mass adoption-ready cloud-based infrastructure in blockchain."

Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 14:00

Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S.

Dispersion Capital Opens $40M Fund for Web3 Infrastructure

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 13:46

Dispersion Capital Opens $40M Fund for Web3 Infrastructure The fund was founded by Patrick Chang, an active angel investor in the crypto industry.

Layer 1 Blockchain Tenet Partners With Conflux and Qtum for More Exposure in China

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 13:30

Layer 1 Blockchain Tenet Partners With Conflux and Qtum for More Exposure in China The partnerships are aimed at increasing the liquid staking industry’s presence in Chinese markets.

Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 13:09

Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday.

Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 13:00

Crypto’s Fentanyl Trade Worth Tens of Millions: Security Researchers Reports from Chainalysis and Elliptic point to the trade for fentanyl precursors and fentanyl itself being fuelled by crypto.

TradFi Hedge Fund Hunting Hill Starts Crypto Arm

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 13:00

TradFi Hedge Fund Hunting Hill Starts Crypto Arm Hunting Hill Digital’s first product will be the Crypto 25 Fund, a source told CoinDesk.

First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 12:30

First Mover Americas: Bitcoin Dips Below $27K After Hot UK Inflation Report The latest price moves in bitcoin (BTC) and crypto markets in context for May 24, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 11:42

Tornado Cash Dev Facing Dutch Charges to Question Chainalysis Data Alleging Criminal Links Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money.

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 10:50

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers.

Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 10:35

Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023 Attacks and hacks on key protocols fell 70% in Q1 2023 compared to the same period in 2022 and were lesser than in any quarter last year.

FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List'

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 08:12

FATF Did Not Require Pakistan to Ban Crypto to Stay Off Its 'Grey List' The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog.

Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 08:01

Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992 The annualized 3-month trend in UK core CPI is running at a whopping 13.6%, per the UK Office of National Statistics.

'Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 06:43

'Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.

First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 24. 00:52

First Mover Asia: Crypto’s Narrative of This Season Is No Narrative at All  ALSO: Hong Kong’s proposed crypto exchange rules value TradFi chops over crypto knowledge. What are the key potential changes?

Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 21:52

Bitcoin Climbs Past $27.4K but Remains in Holding Pattern as Investors Continue U.S. Debt Limit Vigil Ether and most other major altcoins rise slightly, even as stocks drop amid worries about whether U.S. lawmakers will reach an agreement before June 1.

Bitcoin HODLing Has Never Been More Popular

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 21:49

Bitcoin HODLing Has Never Been More Popular More BTC than ever has been held for at least a year, according to Glassnode, a potentially bullish sign.

Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 19:34

Upstream Data Sues Crusoe Energy Over Waste Gas Mining Patent Crusoe is not a pioneer, but a follower, says the lawsuit filed by Stephen Barbour's mining firm.

Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 18:54

Zuzalu Is 2 Months in Montenegro With Crypto Elites, Cold Plunges, Vitalik Selfies This invite-only gathering of 200 people in the Mediterranean marina town of Lustica Bay has been taking place since late March and wraps up this week, featuring official sessions on zero-knowledge cryptography, twice-a-day jumps into the Adriatic Sea and the chance to get face time with Ethereum co-founder Vitalik Buterin.

Coliving Project Cabin Wants to Put Digital Nomads in Nature

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 18:35

Coliving Project Cabin Wants to Put Digital Nomads in Nature Cabin just announced plans for the first “network city,” a global alliance of self-governing neighborhoods accessible to “citizens'' who hold NFTs.

Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 18:34

Consensus Survey: TradFi Investors Remain Bullish on Crypto’s Long-Term Prospects Despite the market turmoil of the last six months, investment managers say they largely plan to keep putting capital into digital assets, our survey finds.

Crypto's Open Source Ethos Yields Results

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 17:47

Crypto's Open Source Ethos Yields Results It’s crypto winter and a time for building, as innovative new open-source projects on Polkadot and Cosmos can attest.

The Bitcoin Mining Debate Is Ignoring the People Most Affected

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 17:05

The Bitcoin Mining Debate Is Ignoring the People Most Affected Environmentalists and anti-mining lawmakers debating bitcoin mining facility Greenidge Generation’s impact use rhetorically persuasive arguments that aren’t backed by reality. But so do the bitcoiners supporting the powerplant-turned-mining facility. And the debate does not solve the very real environmental problems on Seneca Lake.

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 16:12

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds.

Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 16:05

Binance Blasts 'Desperate' Reuters Report It Commingled Customer and Company Funds "We’ve addressed this on multiple occasions. We keep our user and corporate funds on completely separate ledgers," Patrick Hillmann, Binance's chief communications officer tweeted on Tuesday.

EU Banks Could Access Stablecoins More Easily Under Leaked Plans

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 15:59

EU Banks Could Access Stablecoins More Easily Under Leaked Plans The European Commission's plans could moderate a push from Parliament to discourage crypto holdings as it debates new capital requirements for banks.

U.S. is 'Losing' the Bitcoin Movement: Cathie Wood

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 15:58

U.S. is 'Losing' the Bitcoin Movement: Cathie Wood Cathie Wood also referenced last year's dramatic collapse of crypto exchange FTX, saying it "proved the concept" of bitcoin

Sorare Carves Out Unique Entry Method for France Due to NFT Regulations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 15:56

Sorare Carves Out Unique Entry Method for France Due to NFT Regulations The Web3 fantasy sports game is working with the French National Gaming Authority to create a framework for France-based players who face a tighter regulatory regime.

U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 15:25

U.S. Treasury Sanctions North Korean-Owned Binance Wallets; Says Entities Used Funds to Support WMD Programs The Binance-hosted wallets received more than $2 million worth of various cryptocurrencies that were then sent on to North Korean entities, OFAC alleged

Multicoin Leads $2.3M FastLane VC Deal, Continuing its Bet on MEV Infrastructure

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 14:00

Multicoin Leads $2.3M FastLane VC Deal, Continuing its Bet on MEV Infrastructure The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders.

Crypto Wallet Provider Ledger Postpones Release of Key Recovery Service After Public Criticism

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 14:00

Crypto Wallet Provider Ledger Postpones Release of Key Recovery Service After Public Criticism After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update.

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 14:00

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update.

LabDAO Raises $3.6M to Decentralize Drug Discovery

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 13:30

LabDAO Raises $3.6M to Decentralize Drug Discovery The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 13:24

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring.

First Mover Americas: Interest in Staking Ether Ramps Up

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 12:16

First Mover Americas: Interest in Staking Ether Ramps Up  The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Come In And Register? These Firms Say They Found an SEC-Friendly Crypto Path

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 12:00

Come In And Register? These Firms Say They Found an SEC-Friendly Crypto Path The beginnings of a fully compliant U.S. crypto infrastructure may be forming on the industry’s fringes as a watchdog backed by the Securities and Exchange Commission (SEC) quietly issues significant approvals for companies trying to stick to the securities rulebook.

South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 10:42

South Korea's Ruling Party Calls to Expedite Bill on Lawmakers' Crypto Disclosures: Report The leader of South Korea's ruling People Power Party wants a new bill requiring lawmakers and high-level government officials to declare their cryptocurrency-related assets to be implemented within two months.

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 10:30

MicroStrategy Shares Offer Better Exposure to Crypto Than Coinbase: Berenberg Macro drivers of demand for bitcoin are bullish for MicroStrategy shares, the report said.

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 10:20

Hong Kong Securities Regulator to Accept License Applications for Crypto Exchanges Starting June 1     The Securities and Futures Commission's guidelines explicitly ban crypto gifts to incentivize retail investments, which likely includes airdrops.

Crypto Market Near-Term Upside Is Likely Capped: Bank of America

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 08:51

Crypto Market Near-Term Upside Is Likely Capped: Bank of America The bank expects digital asset trading volumes to remain subdued, with retail investors remaining on the sidelines.

Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 08:08

Number of Ether Staked Has Surged By 4.4 Million Since Shapella Upgrade Staking refers to locking coins in the blockchain network in return for rewards.

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 07:00

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage.

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 06:56

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 06:00

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.

Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 05:52

Shiba Inu’s Puppynet Testnet Logs 10M Transactions, Putting Ecosystem Tokens in Focus Ecosystem tokens shiba inu, leash and bone will be used to transact on the upcoming Ethereum-based blockchain.

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 05:02

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot' John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 23. 00:30

First Mover Asia: Bitcoin Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments ALSO: Former CoinDesk head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 22:55

Core Scientific Hopes to Emerge from Bankruptcy by September, Lawyers Say Core Scientific should “trim” its restructuring timeline by “at least [one] month,” the federal judge overseeing the crypto miner's bankruptcy said during a Monday hearing as creditors called for the insolvent crypto miner to fast-track its plans to emerge from Chapter 11 bankruptcy.

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 22:19

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months According to data platform CryptoSlam, NFTs on Bitcoin have grossed about $167 million in the past thirty days, creeping up on Ethereum’s number one position, which was roughly $397 million over the same period.

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 21:41

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.

Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 20:08

Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares The outflows totalled $32 million last week, pushing total during the streak to $232 million.

Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 19:08

Tether Trading Volume Falls to Multi-Year Lows, Market Cap Rise Is ‘Questionable:’ Kaiko Trading with Tether’s USDT stablecoin has fallen to its lowest level in four years, while its market capitalization nears an all-time high of $83 billion.

Why the Biggest Emerging Markets Are Turning to Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 17:36

Why the Biggest Emerging Markets Are Turning to Crypto Many large countries around the world, including Pakistan and Nigeria, suffer currency turmoil. And, despite official efforts to curb crypto activity, there are signs their citizens are turning to crypto assets as a hedge, says Noelle Acheson.

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 17:36

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two

Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 17:08

Web3 Infrastructure Company Upstream Launches ‘Learn and Earn’ DAO Course To enroll, students must mint a “DAOphin” NFT by Process Grey, the artist behind the popular Goblintown collection.

Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 16:30

Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships.

Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 15:45

Sen. Warren’s Bill Signals Crypto Is Headed for a Clash With National Security Interests The misguided Digital Asset Money Laundering Act sponsored by Senators Elizabeth Warren and Roger Marshall may be dead on arrival, but the crypto community should not ignore the conflict it represents between crypto and law enforcement, writes Chris Grieco.

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 15:24

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls.

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 15:00

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth Sort allows developers to incorporate smart contracts into apps

SuperRare's Latest NYC Gallery Pop-Up Will Bring Human Connection Back to NFT Art

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 14:00

SuperRare's Latest NYC Gallery Pop-Up Will Bring Human Connection Back to NFT Art The curated NFT marketplace is running a two-month pop-up of 0x.17 gallery, beginning with a solo exhibition from artist Claire Silver about our future with AI.

U.S. Debt Deal Could Weigh on Bitcoin Price, Some Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 13:19

U.S. Debt Deal Could Weigh on Bitcoin Price, Some Say Per Observers, U.S. Treasury's efforts to build back cash balances post-debt deal will suck out the dollar liquidity from system, pushing bitcoin lower.

Crypto Lender BlockFi Ordered to Withdraw Unapproved Reorganization Plan Shared 'Prematurely'

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:27

Crypto Lender BlockFi Ordered to Withdraw Unapproved Reorganization Plan Shared 'Prematurely' The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:27

Crypto Lender BlockFi Shared Unapproved Reorganization Plan 'Prematurely,' Court Says The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:27

Crypto Lender BlockFi Ordered by U.S. Court to Withdraw Communication on Unapproved Reorganization Plan The bankrupt estate was ordered to issue a corrective letter clarifying its May 13 disclosure statement was not approved by court.

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:25

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1.

First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:20

First Mover Americas: Bitcoin Price Edges Lower, Tron Rallies The latest price moves in bitcoin (BTC) and crypto markets in context for May 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 12:00

Web3 Move-to-Earn App STEPN Integrates Apple Pay for In-Game Purchases The blockchain game sees fiat onramps such as Apple Pay as a means onboarding the next 100 million users to Web3, STEPN chief operating officer Shiti Manghani told CoinDesk.

Crypto Trading Platform Hotbit Terminates CEX Operations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 10:49

Crypto Trading Platform Hotbit Terminates CEX Operations Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.

UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 09:44

UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 08:31

Malaysia Says Crypto Exchange Huobi Global Isn't Registered, Must Cease Operations The country's regulator told CEO Leon Li to ensure the website and mobile apps are disabled.

Bitcoin's Trading Range Narrows to Tightest in Months

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 07:22

Bitcoin's Trading Range Narrows to Tightest in Months Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.

DEX Mangrove Launches on Polygon Testnet, Plans to go Live on Mainnet in June

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 07:00

DEX Mangrove Launches on Polygon Testnet, Plans to go Live on Mainnet in June Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.

Gemini Says Genesis Parent DCG Missed $630 Million Payment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 05:44

Gemini Says Genesis Parent DCG Missed $630 Million Payment Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.

Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 03:34

Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it's a benevolent plan.

First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 22. 00:53

First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K? ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.

Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 21. 20:50

Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are "properly funded."

Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 21. 08:19

Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40% A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.

Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 20. 01:26

Sotheby's Auctions Part of 3AC's Rare NFT Collection, Bringing In $2.4 Million NFTs on the auction block this round included Tyler Hobbs’ Fidenza #725, Dmitri Cherniak’s Ringers #375, Autoglyph #187 and CryptoPunk #1326.

Bitcoin Payments App Strike Expands to More Than 65 Countries From Three

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 20:58

Bitcoin Payments App Strike Expands to More Than 65 Countries From Three Strike, led by Jack Mallers, currently operates in the U.S., Argentina and El Salvador. The push into new markets in Africa, Latin America, Eastern Europe, Asia and the Caribbean would add a host of additional countries, from Antigua and Barbuda to Vanuatu and Zambia.

Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 20:34

Demand for Tokenized Treasury Bonds Soars as Crypto Investors Chase TradFi Yield The combined market capitalization of tokenized money market funds is nearing $500 million as high yields in traditional markets attract crypto capital.

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 19:57

Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments “The financial stability tools helped to calm conditions in the banking sector. Developments there, on the other hand, are contributing to tighter credit conditions,” says U.S. central bank chair Jerome Powell in a Friday panel.

U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 19:39

U.S. Sanctions Watchdog Alleges Russia-Linked Crypto Wallet Processed $5M An Irish national helped wealthy Russians evade sanctions and hide money in UAE, OFAC alleged Friday.

Ledger’s Hard Lesson: Being Right Isn't Good Enough

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 17:19

Ledger’s Hard Lesson: Being Right Isn't Good Enough Public communication doesn’t work like computer code. The French hardware wallet maker learned that the hard way.

Why Web3 and the AI-Internet Belong Together

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 17:18

Why Web3 and the AI-Internet Belong Together Seeing crypto and AI as unrelated technologies is a mistake. They are complementary, each improving the other, says CoinDesk’s Chief Content Officer, Michael Casey.

Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 17:01

Vega Token Rallies Ahead of Protocol Possibly Going Live Monday The platform is awaiting an expected approval from the community, says Vega’s co-founder.

To Axie Infinity and Beyond

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 16:05

To Axie Infinity and Beyond Axie Infinity: Origins launched on the Apple App Store, pumping AXS tokens. Plus, we examine if NFT trading volume matters.

Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 16:00

Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.

Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 16:00

Zombie-themed Deadfellaz NFTs Let You Bring the Avatars to Life on Video A new tool called Streamingfellaz will allow Deadfellaz holders to embody their PFP on camera via platforms including Twitch, YouTube, Google Meet and Zoom.

Beyond the JPEG: Web3 Is Expanding the Artist's Canvas Through Immersive IRL Experiences

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 15:52

Beyond the JPEG: Web3 Is Expanding the Artist's Canvas Through Immersive IRL Experiences NFTs allow artists to be creative about how they share digital art and engage with their audiences, creating new collaborative, sensory experiences.

Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 14:35

Jack Dorsey-backed TBD Launches New Web5 Toolkit to Decentralize the Internet The official announcement by the unit of Block (SQ) was made Thursday at the Bitcoin 2023 conference in Miami Beach, Florida.

Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 13:40

Is Ledger’s New Bitcoin Key Recovery Feature Safe? Experts Have Doubts Ledger believes the service will help attract customers turned off by crypto's unforgiving self-custody ethos. But critics wonder whether the concept is compatible with a real hardware wallet.

Bitcoin in Stasis Below $27K Ahead of Powell Speech

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 13:02

Bitcoin in Stasis Below $27K Ahead of Powell Speech At 15:00 GMT, Powell will speak at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference hosted by the Federal Reserve.

Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 12:35

Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June The upgrade would bring enhancements to sidechains and bug fixes.

First Mover Americas: Litecoin Might Be Trading at a Discount

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 12:02

First Mover Americas: Litecoin Might Be Trading at a Discount The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 10:50

Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 09:16

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.

XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 08:35

XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network

Litecoin Is Undervalued, Onchain Indicator Suggests

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 08:34

Litecoin Is Undervalued, Onchain Indicator Suggests Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.

Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 08:00

Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface.

NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 07:48

NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 01:46

First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 19. 01:41

NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said.

Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 20:43

Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions BTC reversed its morning gains, declining below $26,500 before recently rebounding.

Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 20:30

Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet The Chinese rig maker's new model can deliver a wooping 320 TH/s.

Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 20:02

Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees.

Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 18:53

Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S. The new service is expanding access to the U.K., Germany and Ireland.

Should We Worry About Tether’s Bitcoin-Buying Plan?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 18:51

Should We Worry About Tether’s Bitcoin-Buying Plan? Squint and you can see resemblances Do Kwon’s bitcoin buying during Terra/luna’s high days.

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 18:08

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering.

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 17:25

Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular Pakistan's government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.”

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 16:45

U.S. Hearing Highlights Stablecoin Rift in Competing House Bills U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.

Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 15:49

Galaxy Executed its First OTC Options Trade as Demand for On-Chain Options Ramps Up In 2022, “DeFi performed exceedingly well while CeFi and some traditional methodologies for transacting had some challenges,” Jason Urban, Galaxy’s global head of trading, told CoinDesk TV.

Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 15:25

Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm	Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners

Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 15:17

Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto Financial advisors looking for clarity on crypto and digital assets from the SEC’s proposed changes to Custody Rule 206(4)-2 won’t get everything they want.

NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 15:00

NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter? When looking at the health of the NFT market, it's important to consider multiple metrics that provide insight into trader behavior shifts.

ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 14:00

ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels.

Miami Bitcoin Conference Flags Attendance Down by Half as ‘Crypto Winter’ Drags On

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 13:57

Miami Bitcoin Conference Flags Attendance Down by Half as ‘Crypto Winter’ Drags On Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers.

Attendance at World's Largest Bitcoin Conference Down by Half as 'Crypto Winter' Drags On

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 13:57

Attendance at World's Largest Bitcoin Conference Down by Half as 'Crypto Winter' Drags On Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers.

Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 13:46

Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High Litecoin has chalked out a double-digit price rally to hit the highest since April 19.

First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 12:13

First Mover Americas: Bitcoin Rebounds Amid Optimism on Debt-Ceiling The latest price moves in bitcoin (BTC) and crypto markets in context for May 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Coinbase Cloud Joins Chainlink as Node Operator to Bolster Security

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 12:00

Coinbase Cloud Joins Chainlink as Node Operator to Bolster Security Telecoms giants Swisscom, Deutsche Telekom and news provider Associated Press are also Chainlink node operators.

Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 12:00

Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.

Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 11:44

Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys "Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter.

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 11:08

ApeCoin DAO Approves Proposal to Boost Bored Ape NFTs, APE Ecosystem Growth The Ape Accelerator will incubate and launch new projects that strengthen the Bored Ape Yacht Club and ApeCoin ecosystems.

Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 10:35

Absence of Retail Investors Could Stand in the Way of Pepecoin's Rise to Top Meme Coin: Santiment A Santiment report said that pepecoin (PEPE) could face challenges amid a generally bleak trading environment.

Ripple Starts Platform for Central Banks to Issue Their CBDCs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 10:00

Ripple Starts Platform for Central Banks to Issue Their CBDCs The firm will also showcase a real estate tokenization product as part of Hong Kong Monetary Authority's e-HKD pilot.

G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 09:52

G-7 Must Take Charge in Ending 'Lawless' Crypto Space, FATF Chief Says President of the global financial crimes watchdog, T. Raja Kumar, urged G-7 leaders to "effectively" implement FATF's crypto anti-money laundering norms ahead of their meeting this weekend.

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 09:44

U.S. Bitcoin Corp to Host 150K Crypto Mining Rigs The contracts are the latest in a series of moves indicating the mining industry is getting back on its feet.

FTX Units Sue Embed Shareholders, Seek to Retrieve $6.9M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 09:35

FTX Units Sue Embed Shareholders, Seek to Retrieve $6.9M Alameda alleges that Bankman-Fried and other insiders paid Embed misappropriated FTX funds in late September 2022, only weeks before the crypto exchange filed for bankruptcy.

FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 09:35

FTX Units Sue Former Executvies, Embed Shareholders to Retrieve $243M From Acquisition The estate alleges FTX founder Sam Bankman-Fried and other "insiders" misappropriated company funds to acquire Embed in late September 2022, weeks before the crypto exchange filed for bankruptcy.

Lido Community Members Propose LDO Token Staking and Buyback Plan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 08:26

Lido Community Members Propose LDO Token Staking and Buyback Plan The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”

Crypto Observers Decode Large Block Trade in Ether Options

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 08:13

Crypto Observers Decode Large Block Trade in Ether Options Debate rages on whether the large ether options flow witnessed on Tuesday represents a bet on return of volatility or a rollover of a "covered call" strategy.

U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 08:09

U.S. Court Asked to Reverse Decision to Not Appoint Independent Examiner in FTX Bankruptcy A Delaware bankruptcy court judge denied a motion to appoint a neutral examiner to avoid a lengthy and costly investigation that would slow the progress of the bankruptcy proceedings.

UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 07:00

UK Lawmakers' Bid to Regulate Crypto as Gambling Could Be a Political Problem, Invites Industry Wrath The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.

Pepe-Themed ‘Bitcoin Frogs’ Becomes Most Traded NFT Amid Bitcoin Ordinals Hype

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 06:48

Pepe-Themed ‘Bitcoin Frogs’ Becomes Most Traded NFT Amid Bitcoin Ordinals Hype Some $2 million worth of NFTs have been exchanged in the past 24 hours.

Binance Australia Halts Australian Dollar Bank Transfers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 18. 06:25

Binance Australia Halts Australian Dollar Bank Transfers Exchange blames third-party payment providers, and says that credit as well as debit cards can still be used.

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 22:03

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs The conversation was initiated to promote more decentralization within the dYdX ecosystem ahead of its v4 upgrade.

The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 21:07

The Blocksize Wars Revisited: How Bitcoin’s Civil War Still Resonates Today Amid climbing transaction fees and increased development activity, bitcoiners are warring over the future of the network. Is this a replay or a result of the so-called Blocksize Wars.

Regulators Should Not 'Front-Run' Congress on Stablecoins

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 21:02

Regulators Should Not 'Front-Run' Congress on Stablecoins The House has made it clear that passing a stablecoin bill is a top priority. Regulators – like the SEC – shouldn’t get ahead of the legislative process, say Bain Capital’s Tuongvy Le and Khurram Dara.

Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 20:35

Filecoin Price Drops After SEC Asks Grayscale to Withdraw FIL Trust Application The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin Trust product, the company revealed Wednesday.

Filecoin Price Drops After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 20:35

Filecoin Price Drops After SEC Asks Grayscale to Withdraw Application to Make Trust Reporting The U.S. Securities and Exchange Commission (SEC) asked Grayscale to withdraw its application to launch a Filecoin Trust product, the company revealed Wednesday.

USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 19:52

USDC Issuer Circle Moves $8.7B to Repo Agreements to Protect Reserves From U.S. Government Default Circle’s reserve fund has ditched Treasury bills that mature beyond May 31, rotating assets to cash and overnight repurchase agreements instead, a company spokesperson said.

The Risks and Rewards of High-Frequency Crypto Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 19:48

The Risks and Rewards of High-Frequency Crypto Trading High-frequency trading can be lucrative in newer markets like crypto, but HFT is not without its unique risks.

Ethereum Briefly Stopped Finalizing Transactions. What Happened?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 19:30

Ethereum Briefly Stopped Finalizing Transactions. What Happened? The loss in finality meant that blocks could have been tampered with, and while it isn’t supposed to affect end-user experiences, it did lead to some inconveniences for some applications.

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 17:30

Fahrenheit Consortium Is Lead Bidder in Bankruptcy Auction for Celsius Assets The assets include a loan portfolio, mining rigs and infrastrsucture and cryptocurrency worth as much as $2 billion.

DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 17:30

DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds Uniswap found that many respondents are put off by the complexity and cost of on-chain trading.

What Does the Debt Limit Showdown Mean for Bitcoin?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 16:00

What Does the Debt Limit Showdown Mean for Bitcoin? A U.S. debt default would be bad for absolutely everything.

Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 15:02

Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates Crypto investors are attempting to capitalize on the latest wave of meme coin mania by tracking the movements of early pepecoin (PEPE) buyers.

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 14:30

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say The state-level campaign against a U.S. digital dollar made its first foray into established law with Governor Ron DeSantis’ signature on Florida’s effort to block the use of virtual government-backed money in business transactions.

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 13:33

Airstack Raises Over $7M for AI-Backed Web3 Developer Platform The pre-seed funding extension was led by Superscrypt, and Polygon was a prior investor.

First Mover Americas: Axie Infinity Rallies After Apple App Store Debut

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 12:27

First Mover Americas: Axie Infinity Rallies After Apple App Store Debut The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Ripple Buys Crypto Custody Firm Metaco for $250M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 12:00

Ripple Buys Crypto Custody Firm Metaco for $250M Metaco will continue to operate as an independent business unit led by CEO and founder Adrien Treccani.

Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 12:00

Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With Crypto Trading Infrastructure

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 10:58

StanChart-Backed Zodia and LMAX Digital to Provide CoinShares With  Crypto Trading Infrastructure LMAX Digital and Zodia Custody are to provide institutional-grade trading infrastructure and custody to CoinShares.

Indian Authorities Asked to Restore Crypto Exchanges' Access to UPI

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 10:36

Indian Authorities Asked to Restore Crypto Exchanges' Access to UPI India's government and central bank have received proposals asking to restore access of the Unified Payments Interface (UPI), a widely popular real-time payment system, to the crypto industry.

Axie Infinity's Token Jumps 12% After Firm Lists Game on Apple App Store

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 10:30

Axie Infinity's Token Jumps 12% After Firm Lists Game on Apple App Store The dollar valued locked in the open futures contracts tied to AXS has surged to highest since February, signaling an influx of new money into the market.

China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 09:21

China's Top Prosecution Agency Says Although Not Banned NFTs Have Crypto-Like Attributes NFT collections, targeted in new published guidelines, have been gaining popularity in China since the country prohibited the trading of cryptocurrencies.

Axie Infinity Game Launches on Apple App Store In Key Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 09:00

Axie Infinity Game Launches on Apple App Store In Key Markets The card-based strategy game Axie Infinity: Origins will first launch across Latin America and Asia as it continues its global expansion.

Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 07:21

Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says 100-odd companies could be registered in France as the just-agreed MiCA EU crypto legislation beds in, Financial Markets Authority officials said

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 07:16

Even Licensed Firms Say Opening Bank Accounts Is Hard in Hong Kong Hong Kong has said it wants to be a crypto hub but its banks are rejecting account opening applications

Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 17. 06:39

Dogecoin's Daily Transaction Reached Lifetime Highs After ‘DRC-20’ Tokens Introduced Transactional volumes on Dogecoin briefly surpassed Litecoin and Bitcoin earlier this week.

DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 23:01

DLT-Powered Financial Markets Could Save $100B Per Year, TradFi Study Says The Global Financial Markets Association called for regulators to be more open to the tech underpinning cryptocurrency

UK Lawmaker Group Clashes With Treasury Over Treating Unbacked Crypto as Gambling

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 23:01

UK Lawmaker Group Clashes With Treasury Over Treating Unbacked Crypto as Gambling The U.K. Treasury Committee seemingly opposed the government’s proposal to recognize crypto as regulated financial activities.

SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Rules

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 22:25

SEC Can't Seal Docs Tied to Hinman's Ether Speech, Judge in Ripple Suit Rules The SEC and Ripple have sparred for months over a set of documents related to Bill Hinman's 2018 speech on securities law and ether.

Lightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog System

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 21:50

Lightning Labs Releases 'Better' Version of Token Minting on Bitcoin After BRC-20s Clog System The project formerly known as "Taro" has been rebranded "Taproot Assets" after Lightning Labs was hit with a trademark infringement lawsuit. The new offering comes with a "core set of features to bitcoinize the dollar," according to the firm.

Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 21:21

Bitcoin Slides Below $27K as Investors Eye Debt Ceiling Negotiations Treasury Secretary Janet Yellen warned the U.S. could breach its debt limit by June 1, potentially setting off a recession in the event of default.

Balancer Proposes ‘Permissioned Arbitrage’ to Rescue Inverse Finance’s Frozen Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 19:40

Balancer Proposes ‘Permissioned Arbitrage’ to Rescue Inverse Finance’s Frozen Crypto Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler's massive hack.

Balancer Might Arbitrage Itself to Rescue Inverse Finance’s Frozen Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 19:40

Balancer Might Arbitrage Itself to Rescue Inverse Finance’s Frozen Crypto Automated market maker Balancer is working with a trio of DeFi protocols to rescue crypto frozen since Euler's massive hack.

Bitcoin is a threat to the energy-use status quo – and that’s a good thing

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 19:36

Bitcoin is a threat to the energy-use status quo – and that’s a good thing Banning or taxing crypto mining out of existence isn’t going to solve this country’s issues around power consumption and grid stability – but supporting Bitcoin just might.

Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 19:34

Serial Phishing Scammer Uses a Mix of Laundering Techniques, Including Coin Swaps and a Mysterious OTC Attacker behind a fake HitBTC website might have stolen $15M worth of crypto from multiple scams and phishing attacks

Ledger Bats Back Criticism of New Wallet Recovery Service

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 18:30

Ledger Bats Back Criticism of New Wallet Recovery Service “You’re saying this is not what customers want. Actually, this is what future customers want,” said Ledeger CEO Pascal Gauthier.

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 17:11

Optimism, Scaling Solution for Ethereum, Sets June Date for Biggest Ever Upgrade, ‘Bedrock’ The Bedrock hard fork, proposed earlier this year and approved by the Optimism community in April, is supposed to bring a “new level of modularity, simplicity and Ethereum equivalence.”

Origin Protocol Enters Competitive Ether Yield Market With OETH Offering

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 16:00

Origin Protocol Enters Competitive Ether Yield Market With OETH Offering OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols such as Curve Finance.

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 15:19

Bitcoin Miner Cormint Raises $30M Series A to Build Texas Data Center Executives of Nasdaq-listed semiconductor firm Silicon Laboratories participated in the round.

Crypto Wallet Bitski Taps Hardware Wallet Ledger To Make Web3 More Secure

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 14:00

Crypto Wallet Bitski Taps Hardware Wallet Ledger To Make Web3 More Secure The browser-extension wallet is using Ledger’s security infrastructure to help users navigate decentralized applications while keeping their assets safe.

Peter Thiel Backs Bitcoin Startup River in $35M Round

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:38

Peter Thiel Backs Bitcoin Startup River in $35M Round The Series B round for the Bitcoin financial services provider was led by Kingsway Capital.

Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:36

Bitcoin Miner Marathon Digital-Linked Startup Auradine Raises $81M The Bitcoin miner backed the web infrastructure startup, and CEO Fred Thiel sits on the board.

Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:06

Bitcoin's Realized Price on Cusp of Flashing Major Bullish Signal Bitcoin's realized price looks set to cross above the average on-chain acquisition price of long-term holders, indicating a prolonged bullish period ahead.

Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:00

Asymmetry, ‘ETF’ for Liquid Staking Tokens, Raises $3M Round From Ecco Capital, Ankr and Others The crypto project’s safETH token represents a basket of liquid staking tokens from Lido, Rocketpool and Frax.

Endaoment Expands Web3 Charitable Fundraising Efforts With GlobalGiving Partnership

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:00

Endaoment Expands Web3 Charitable Fundraising Efforts With GlobalGiving Partnership This partnership has tripled the number of verified charitable organizations willing to accept digital assets.

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, SuperRare

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:00

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, SuperRare The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 13:00

Red Beard Ventures Closes $25M Funding Round With Animoca Brands, Others The Web3 venture capital firm hopes to support early-stage DeFi and Web3 gaming projects and is also launching a tokenomics accelerator.

Justin Sun Says Huobi Founder Li Lin's Brother Acquired HT Token for Free and Cashed Out

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 10:51

Justin Sun Says Huobi Founder Li Lin's Brother Acquired HT Token for Free and Cashed Out Tron founder blockchain and Huobi stakeholder Justin Sun has lodged a series of accusations against the brother of Huobi founder Li Lin, alleging that he acquired Huobi's native token (HT) "abnormally" at zero cost and sold it for "huge amounts of cash."

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 09:03

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.

EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 08:28

EU’s Crypto Legal Framework Inches Towards Law With Finance Ministers’ Sign-Off The landmark Markets in Crypto Assets regulation was given final approval by the EU’s Council, which also agreed a new law for sharing data on crypto tax holdings.

The New Crypto Cycle Will Be About Ether Yields: Bernstein

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 08:04

The New Crypto Cycle Will Be About Ether Yields: Bernstein Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.

One Million Individual Wallets Now Hold a Whole Bitcoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 07:57

One Million Individual Wallets Now Hold a Whole Bitcoin The bump comes as transactional activity on Bitcoin has surged in the past few weeks.

Token of Layer-1 Blockchain Kava Surges 40% Ahead of Mainnet Upgrade

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 07:21

Token of Layer-1 Blockchain Kava Surges 40% Ahead of Mainnet Upgrade The change improves transaction speed and aims to beef up security on the platform, Kava says.

BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 07:08

BlockFi Creditors Say Crypto Lender Was a Victim of Bad Management The creditors committee said in a court filing that BlockFi was pressing a “false case narrative” by portraying itself as a victim, and more blame should be placed on its management.

Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 07:05

Coinbase Initiated at Hold, Likely To Face Enforcement Action From SEC: Berenberg Executing a successful pivot away from the U.S. would be a tall order for the crypto exchange, Berenberg said.

Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 07:00

Lending Platform Atlendis Deploys Upgrade on Polygon, Opens $2M Lending Pool for Banxa Atlendis Labs is a blockchain-based credit marketplace that offers revolving credit lines for small and medium-sized businesses and fintech firms.

Coinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 06:48

Coinbase Hasn't Proven SEC Needs to Create Crypto-Specific Rules, Regulator Says The U.S. Securities and Exchange Commission (SEC) told an appeals court that crypto exchange Coinbase hadn't proven the regulator needs to create a new regulatory framework for the digital asset industry late Monday.

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 04:00

Matrixport Integrates With Copper’s ClearLoop on Prime Brokerage Offerings The collaboration will see Matrixport integrating with Copper’s ClearLoop to offer its institutional clients off-exchange settlement.

First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel'

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 16. 00:19

First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel' There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether.

Liquid Staking Leader Lido Upgrades to Second Version on Ethereum

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 21:57

Liquid Staking Leader Lido Upgrades to Second Version on Ethereum Lido users can now unstake their stETH and receive ETh at a 1:1 ratio.

Weekly DEX Volume on BNB Chain Hits Highest in a Year

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 21:39

Weekly DEX Volume on BNB Chain Hits Highest in a Year Lower fees and Binance’s popularity are among the reasons noted by market analysts.

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 20:45

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

DeFi Project Hector Mulls Legal Wrapper to Shield DAO

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 20:22

DeFi Project Hector Mulls Legal Wrapper to Shield DAO A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.

DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 20:22

DeFi Project Hector Network Mulls Legal Wrapper to Shield DAO A legal wrapper proposed by leaders of the Fantom-based protocol would empower employees of Hector and, according to critics, undercut the community of HEC holders.

U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 19:14

U.S. Prosecutors Drop Extortion Charges Against Early Adviser to Ethereum Network Criminal extortion charges against Steven Nerayoff, an early adviser to the Ethereum network, were dismissed by a New York judge on May 5, ending a three-and-a-half year legal battle that included explosive allegations he made against U.S. investigators.

Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 18:50

Crypto Mining Data Center Soluna Stock Surges After $14M Investment Deal The investment includes a $2 million loan and $12 million in equity.

Payroll Startup Rise Wins CoinDesk's 2023 Pitchfest Contest

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 18:28

Payroll Startup Rise Wins CoinDesk's 2023 Pitchfest Contest Based in Ohio, Rise onboards employees for automatic crypto paychecks.

Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 17:17

Bitcoin Rewards Company Fold Expands to El Salvador, Brushing Off Jump in On-chain Fees The firm says El Salvador will serve as its base for operations in Latin America.

GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 17:09

GREED Token Is Not a Crypto Scam, but a Lesson on How to Get Scammed Amid Meme Coin Mania Despite multiple warnings from Voshy, the meme coin's creator, speculators turned over Twitter permissions to get access to the token. They got a valuable lesson in account security.

Crypto Investment Funds See Outflows for Fourth Consecutive Week

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 16:51

Crypto Investment Funds See Outflows for Fourth Consecutive Week Bitcoin-related products accounted for $38 million of the $54 million in total outflows.

Tokenization Is the Way to Realize the Biden’s Electric Vehicle Overhaul

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 16:28

Tokenization Is the Way to Realize the Biden’s Electric Vehicle Overhaul As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer.

Tokenization Is the Way to Realize Biden’s Electric Vehicle Overhaul

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 16:28

Tokenization Is the Way to Realize Biden’s Electric Vehicle Overhaul As the Administration looks to re-shore and clean up the EV industry, blockchain technology offers a means to ensure transparency, says Qichao Hu of the Li-Metal EV battery manufacturer.

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 16:00

Crypto Startup Hourglass Starts Unique Marketplace to Trade Locked Up DeFi Assets The company raised $4.2 million in seed round, led by ElectricCapital.

Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 16:00

Web3 Education Leaders Team Up to Roll Out Beginner NFT Platform HeyMint The platform will allow artists to mint their creative assets, enforce royalties on-chain and sell their NFTs in a process meant for Web3 beginners.

Polygon Co-Founder Launches Web3 Fellowship Program

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 15:31

Polygon Co-Founder Launches Web3 Fellowship Program Sandeep Nailwal and his venture capital arm Symbolic Capital will invest $50,000 on a new cohort each year.

Los titulares de ether deben esperar casi un mes para poder bloquear el token

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 14:45

Los titulares de ether deben esperar casi un mes para poder bloquear el token La demanda para el staking de ether aumentó y dejó tiempos de espera de más de un mes para obtener un rendimiento anualizado de 5% a partir del lunes.

BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 14:07

BlockFi Claims Against FTX, Alameda 'Largest Driver' of More Than $1B in Asset Recoveries, Firm Says The litigation supporting claims against its commercial counterparties is set to make a difference "in excess of $1 billion" to creditors, court filings say.

South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 13:20

South Korea Probes Crypto Exchanges Upbit, Bithumb on Ex-Lawmaker's Transfers Lawmaker Kim Nam-kuk resigned from the opposition party after his crypto transfers incited controversy.

Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 12:45

Bitcoin Miner Bitfarms Accelerates 6 EH/s Hashrate Target As Quarterly Loss Per Share Narrows In Q1 2023, the bitcoin miner's net loss per share narrowed to 1 cent, from 8 cents the previous quarter.

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 12:23

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment The maneuver represents one of the largest transfers of funds for Celsius Network since it filed for bankruptcy protection in July.

First Mover Americas: Bitcoin Bounces Back From Friday Lows

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 12:11

First Mover Americas: Bitcoin Bounces Back From Friday Lows The latest price moves in bitcoin (BTC) and crypto markets in context for May 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: MiCA Legislation Gets the Final Go-Ahead From EU Ministers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 12:11

First Mover Americas: MiCA Legislation Gets the Final Go-Ahead From EU Ministers The latest price moves in bitcoin (BTC) and crypto markets in context for May 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 12:03

Bitcoin Holds Above 200-Week Average as Dollar Index Rallies Most Since February Analysts expect the U.S. dollar to continue gaining ground in the near-term, keeping risk assets under pressure.

Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 11:00

Ribbon Finance's Decentralized Exchange Aevo Unveils Altcoin Options Trading Users will be able to trade options tied to coins like LDO, PEPE, SUI, ARB, LTC, APT, and others, which was previously possible only through an over-the-counter desk. .

G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 10:45

G-7 Finance Ministers Discuss Crypto Regulation Ahead of Japan Summit Next Week Representatives for the seven advanced economies signaled a commitment to following norms set by standard-setters FSB and IMF on crypto and central bank digital currencies.

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 09:55

SEC Seeks to Slash $22M Fine on Crypto Firm LBRY to $111K A U.S. judge ruled in November that the crypto startup had violated securities laws by selling its native LBC token without registering with the SEC.

Ether Holders Embrace Near Month-Long Wait for Staking ETH

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 09:14

Ether Holders Embrace Near Month-Long Wait for Staking ETH Demand for staking ether has surged, resulting in wait times of over a month for a 5% annualized yield as of Monday.

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Crypto Exchanges: FT

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 08:42

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Crypto Exchanges: FT Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 08:42

U.S. DOJ's Crypto Enforcement Director Promises Crackdown on Illicit Behavior on Exchanges: FT Eun Young Choi said the DoJ is targeting crypto exchanges that allow "criminal actors to easily profit from their crimes and cash out,"

Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 06:58

Bitcoin Cash Prices Bump Ahead of ‘CashTokens’ Upgrade The upgrade is set to go live on mainnet at noon UTC on Monday.

Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 02:16

Jack Butcher Expands Checks NFTs Ecosystem With Physical Print-Backed 'Elements' Collection The artists' new NFT collection, featuring the signature Checks grid, explores the four classical elements of earth, fire, water and air.

First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 15. 01:51

First Mover Asia: Bitcoin Regains $27K Amid Encouraging Macro, Technical Signs ALSO: The stablecoin supply ratio has dropped 11% over the past 11 days, suggesting that buying power for stablecoins is increasing, writes CoinDesk analyst Glenn Williams.

Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 23:22

Quadriga CX Bankruptcy Claimants to Get 13% on the Dollar The interim distribution to users will account for 87% of the funds the collapsed exchange’s Trustee is currently holding.

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 21:28

Bakkt Mass Delists Tokens Including Aave, Avalanche, Compound, Filecoin, MakerDAO and Uniswap Intercontinental Exchange-owned Bakkt discontinued its consumer-facing app in February as it shifts away from retail

Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 20:33

Kraken’s Top Lawyer Says Signs of Progress in U.S. Congress Put SEC in Legal Bind While the U.S. Securities and Exchange Commission (SEC) continues to rain enforcement fire onto the crypto industry, Kraken’s chief legal officer, Marco Santori, says a specific legal doctrine could undermine the regulator’s authority.

Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 20:32

Lido Community Weighing On-Chain Vote to Deploy Version 2 on Ethereum If the governance vote passes, the latest iteration of Lido will come to the Ethereum blockchain, Lido’s biggest market.

House Democrats Consider New Stablecoin Bill Proposal: Source

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 20:15

House Democrats Consider New Stablecoin Bill Proposal: Source House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.

Binance Announces Exit from Canada, Citing Regulatory Tensions

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 19:47

Binance Announces Exit from Canada, Citing Regulatory Tensions The world’s largest crypto exchange by volume said new guidance related to stablecoins and investor limits prompted the exit.

Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 19:44

Bitcoin Miner Riot Sues Peer Rhodium Enterprises for Alleged $26M in Unpaid Fees Participation in demand response programs in Texas are at the core of a disagreement between the two mining firms.

Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 19:35

Staking Platform Agility Soared After Ethereum’s Shapella Upgrade, but It’s Suffered Ever Since Key metrics like total value locked (TVL) and the price of its AGI token have tumbled recently, following their post-Shapella runup.

Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 19:32

Ethereum Resumes Finalizing Blocks after Second Performance Hiccup in 24 Hours Finality refers to the guarantee that a block cannot be altered and removed from the Ethereum blockchain.

MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 18:47

MakerDAO Founder Proposes Plan for Upgraded Versions of DAI Stablecoin, Governance Token Rune Christensen also proposed to incorporate artificial intelligence-assisted processes into Maker’s governance.

Bitcoin Loses 10% on the Week as Memecoins Tumble

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 18:47

Bitcoin Loses 10% on the Week as Memecoins Tumble Among the memecoins sliding was PEPE, which lost over 60% over the last 7 days.

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 18:30

Frogs, Fevers and Fees: Bitcoin’s New Governance Challenge The creation of Bitcoin-based meme coins using the new BRC-20 standard has driven up Bitcoin fees as they use more data than a basic Bitcoin transaction. But while some developers in the Bitcoin community are proposing a filter to block Bitcoin NFT projects, such censorship could run counter to Bitcoin's open-source characteristics, CoinDesk's chief content officer Michael Casey argues.

Sam Bankman-Fried's Ties to George Santos Are Just the Beginning

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 17:27

Sam Bankman-Fried's Ties to George Santos Are Just the Beginning The indicted congressman, who wildly embellished his background, received big donations from FTX executives. That was just one strand in Bankman-Fried's tangled influence-peddling web.

Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 16:24

Paradigm-Backed NFT Ownership Platform Tessera is Shutting Down Co-founder Andy Chorlian tweeted that the decision was made after "carefully analyzing possible market scenarios, our company structure and our financial situation."

Musk’s Milady Meme, Opening Up Ordinals

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 16:05

Musk’s Milady Meme, Opening Up Ordinals Miladys NFTs saw a brief pump after Elon Musk tweeted about them and Binance is making it easier for people to buy Bitcoin NFTs.

Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 14:15

Among Bitcoin Developers, Debate Is Raging Over Whether to Censor Ordinals BRC-20s Despite calls for censorship, many developers agree that maintaining the status quo is the right thing to do for now.

EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 12:32

EU Crypto Tax Plans Include NFTs, Foreign Companies, Draft Text Shows Laws set to be agreed next week would require crypto companies to register with tax authorities, even if they’re based outside the bloc or offering non-fungible tokens.

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 12:31

LG Electronics Seeks Patent for TV Which Lets Users Trade NFTs LG has been a node operator on the Hedera Network since 2020.

First Mover Americas: Bitcoin Falls to 2-Month Low

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 12:29

First Mover Americas: Bitcoin Falls to 2-Month Low The latest price moves in bitcoin (BTC) and crypto markets in context for May 12, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Do Kwon Set To Be Released on Bail in Montenegro Travel Document Forgery Case

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 12:14

Do Kwon Set To Be Released on Bail in Montenegro Travel Document Forgery Case Bail conditions restrict Kwon from leaving his apartment in the country as the trial continues.

Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 07:52

Cardano Scaling Node Hydra Head Goes Live on Blockchain's Mainnet The tool, the first in a planned suite of products, aims to speed up transaction times on Cardano.

Bitcoin Prices Slip to 2-Month Lows As CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 07:06

Bitcoin Prices Slip to 2-Month Lows As CoinDesk’s Bitcoin Trend Indicator Turns Neutral From Bullish Prices fell to $26,160 soon before press time, reaching the lowest since March 17.

Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 07:05

Crypto Miner Hive Blockchain Targets 6 EH/s of Computing Power Funded by Up to $100M Share Sale The miner will sell its common shares under an at-the-market (ATM) offering, with investment firms Canaccord Genuity and Stifel acting as agents.

First Mover Asia: Bitcoin Regains $27K, but Investors Search for a Catalyst

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 12. 01:05

First Mover Asia: Bitcoin Regains $27K, but Investors Search for a Catalyst ALSO: The CEO of Stablecorp says that bitcoin's recent dip is part of its growing pains. He says that the scalability of the bitcoin network and liquidity present challenges.

Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 23:04

Binance.US Explores Ways to Decrease CZ's Dominant Share: The Information Since the summer of 2022, Zhao has been attempting to offload at least a portion of his shares, according to one individual that spoke with The Information.

Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 21:42

Ethereum Mainnet Was Unable to Fully Finalize Transactions for 25 Minutes Developers resolved the finalization issues and are investigating what caused the outage.

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 21:00

Bitcoin Edges Below $27K as Latest Bank Crisis Fails to Trigger Price Increase BTC has been trading largely below the psychologically important $30,000 mark since late April, as investors wrestle with recent bank sector debacles and other macroeconomic uncertainties.

Elon Musk's Twitter, Crypto's Town Square, Has Found a New CEO

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 20:47

Elon Musk's Twitter, Crypto's Town Square, Has Found a New CEO Musk says he'll shift to being chief technology officer.

McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 20:00

McHenry to U.S. SEC: Which Crypto Firms Have Tried to Register? The U.S. Securities and Exchange Commission (SEC) has so far disregarded congressional requests for information on its interactions with crypto platforms seeking registration as exchanges, according to Republican lawmakers in the House of Representatives, who threatened a hearing if they’re ignored any longer.

Decentralized Exchange Uniswap Trading Volume Outpaces Coinbase for 4th Consecutive Month

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 19:27

Decentralized Exchange Uniswap Trading Volume Outpaces Coinbase for 4th Consecutive Month Uniswap, the decentralized exchange, outpaced centralized exchange Coinbase in April.

Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 18:51

Polychain Snubs Lucrative Crypto Arbitrage, Prepares to Trade $6M of ROOK Token on Uniswap Crypto hedge fund Polychain motioned to sell up to $6 million of $ROOK tokens via Uniswap, upending the calculus behind a savvy DeFi trade.

‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 18:18

‘Smart Money’ Traders Reduce Pepecoin Holdings by $3M as Meme Coin Mania Cools PEPE token has dropped 63% since last week, when it reached a $1.8 billion market capitalization after a staggering rally.

Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:59

Meet ‘Dencun.’ Ethereum Developers Are Already Planning Next Hard Fork The next major upgrade for the blockchain will include “proto-danksharding,” though developers are still deciding what else to include in the hard fork.

What’s the Reality of Crypto in Crime?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:57

What’s the Reality of Crypto in Crime? The DOJ's Eun Young Choi said the agency is constantly finding crypto connections in its criminal investigations. But how deep does the problem go and how much should we blame the blockchain?

The White House’s Bitcoin Mining Tax Undermines Itself

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:46

The White House’s Bitcoin Mining Tax Undermines Itself Imposing a levy on mining in the U.S. will send the industry overseas, increasing emissions while depriving the grid of a useful form of “demand response,” says Nic Carter.

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:39

Bitcoin Mining Earnings Wrap: Marathon Shares Underperform After New SEC Subpoena Thursday's reported first-quarter earnings from miners were a mixed bag.

IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:20

IRS, Chainalysis and Ukraine Targeting Russian Crypto Sanctions Evaders Jointly The U.S. Internal Revenue Service and crypto investigations company Chainalysis are working with Ukraine to target Russian oligarchs using crypto to evade sanctions.

Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:20

Coinbase’s SEC Complaint Draws Allies Depicting U.S. Regulator as Crypto Bully Crypto insiders are tying themselves to Coinbase (COIN) as the company seeks to blow up the U.S. Securities and Exchange Commission’s (SEC) “come in and register” crusade aimed at the digital assets sector.

Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 17:03

Smart-Contract Registry Cookbook Raises $2M to Create Web3 Developer Support Tools The company will use the money to educate Web3 developers and supply them with tools to streamline their work.

Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 16:41

Coinbase Says it 'Screwed Up' Pepecoin Coverage in Its Newsletter The crypto exchange set off a kerfuffle by describing the Pepe the Frog meme as having been co-opted as a hate symbol by alt-right groups.

CoinDesk Turns 10 – 2020: The Rise of the Meme Economy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 16:10

CoinDesk Turns 10 – 2020: The Rise of the Meme Economy As the world locked down for COVID, meme-assets like Dogecoin and Disaster Girl grabbed the attention of a younger generation of retail investors. Three years later, memes are driving value across financial markets. This feature is part of our "CoinDesk Turns 10" series.

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 15:40

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long The transaction fees debacle might be a short lived revenue bump for the miners but provides a glimpse of the future for the miners.

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 15:27

Binance’s VC Arm, With Over 200 Investments, Focuses on 'Explosive' Potential for Web3 Binance Labs has grown its assets to $9 billion from $7.5 billion despite a bear market and the post-FTX collapse turbulence.

BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 15:04

BlockFi Customers Can Be Repaid $300M Held in Custodial Accounts, Judge Says BlockFi custodial wallet users can be returned nearly $300 million, as a New Jersey judge ruled on Thursday May 11 that assets sitting in the wallets belong to clients rather than the estate of the bankrupt crypto lender.

Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 14:22

Robinhood's Crypto Revenue Down 30% Year-Over-Year in Q1 The trading platform also reported holding around $11.5 billion worth of crypto in assets under custody, an increase of 36% compared to the figure of $8.4 billion for Q4 2022.

Music Albums as an Asset Class

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 14:15

Music Albums as an Asset Class The tokenization of music and the ability to create unique digital content means that music albums can now be viewed as an asset class, providing a new investment opportunity for clients of financial advisors.

Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 13:35

Do Kwon's Attorneys Propose $437K Bail, Deny Falsified Travel Documents Charges in Montenegro Montenegrin authorities arrested the Terra founder in March for allegedly attempting to travel with fake documents.

Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 13:10

Threshold Network Goes Live With Wormhole to Bridge Bitcoin to 20 Blockchains Using bitcoin on other networks previously required users to rely on centralized bridges, which increased risks for token holders.

Crypto Custodian Aegis is Offering Free Services to Women-Led Companies

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 13:00

Crypto Custodian Aegis is Offering Free Services to Women-Led Companies The company, which is U.S.-qualified through its entity Aegis Trust, is offering six months of free end-to-end custody services for women-led projects to help boost gender parity in crypto.

Decentralized Wallet Developer Odsy Raises $7.5M at $250M Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 13:00

Decentralized Wallet Developer Odsy Raises $7.5M at $250M Valuation The funding round was led by Blockchange Ventures and included participation from firms such as Rubik Ventures, Node Capital and FalconX.

Decentralized Wallet Developer Odsy Network Raises $7.5M at $250M Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 13:00

Decentralized Wallet Developer Odsy Network Raises $7.5M at $250M Valuation The funding round was led by Blockchange Ventures and included participation from firms such as Rubik Ventures, Node Capital and FalconX.

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 12:03

Hut 8 First-Quarter Revenue Drops 64% as Bitcoin Mining Difficulties Bite The mining firm had to turn off about 8,000 machines in Ontario due to a dispute with its energy provider in mid-November.

Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 11:42

Long-Term Bitcoin Holders Boost Their Stash as BTC Prices Decouple From Nasdaq Long-term holder wallets are witnessing net accumulation at the fastest pace since October 2021.

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 10:40

EU Could Veto Large Stablecoins During MiCA Approval Process, Regulator Signals The European Banking Authority doesn’t want private crypto initiatives to threaten monetary policy privileges

Franklin Templeton to List Blockchain Fund Targeting Institutional Investors

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 08:49

Franklin Templeton to List Blockchain Fund Targeting Institutional Investors The Blockchain Fund II is a private equity fund and will carry a minimum investment sum of $100,000.

Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 08:40

Developers Deploy Uniswap Contracts on Bitcoin as BRC20-Based SHIB, PEPE Gain Popularity Tokens issued on Bitcoin ran to a cumulative market capitalization of as much as $1.5 billion earlier this week before sharply correcting.

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 08:28

Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates as SEC Extends Probe The U.S. regulatory body is probing related-party transactions that may have violated securities laws.

Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 07:08

Coinbase Newsletter Flags Rise of Pepecoin and BRC-20 Tokens, Irks Crypto Twitter A Coinbase newsletter said meme coins allow investors to make big profits in a short period of time but warned of long-term investing in these tokens.

First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 11. 00:00

First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee.

Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 21:09

Ether Selling Pressure Post-Shanghai Upgrade Was 'Non-Event,' Says Nansen The number of staked ether has climbed to 19.55 million, a new all-time high, as ETH staking deposits surpassed withdrawals.

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 20:57

Aragon’s ANT Rallies After Cofounder Proposes Token Buybacks to End Activist Crisis Aragon's governance crisis began to subside Wednesday after the DAO builder's cofounder proposed buybacks, seemingly siding with a key talking point of activist investors.

Crypto Derivatives Market Share Hits All-Time High

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 20:57

Crypto Derivatives Market Share Hits All-Time High Binance continues to be the dominant crypto derivatives trading platform.

Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 19:33

Uniswap Weighs Proposal to Enrich Token Holders, Switch on Liquidity Pool Fees The plan to implement fees on all of Uniswap’s version two liquidity pools, and some of its version three pools, would funnel money to the protocol’s treasury and token holders.

Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 19:26

Rehypothecation May Be Common in Traditional Finance, but It Will Never Work With Bitcoin Applying rehypothecation onto bitcoin or crypto ignores the fundamental essence of these assets arising from a core bitcoin innovation, Christopher Calicott writes.

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 19:05

U.S. Internal Revenue Service Files Claims Worth $44 Billion Against FTX Bankruptcy The largest of the claims includes a $20.4 billion claim against Alameda Research LLC, which details nearly $20 billion in unpaid partnership taxes.

Bitcoin Dips Below $27K, Reversing Post-CPI Rally

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 18:13

Bitcoin Dips Below $27K, Reversing Post-CPI Rally The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 17:08

From FOMO to JOMO: Web3 Mental Health Collective Peace Inside Live Launches NFT Collection The collection, which encourages holders to practice the “Joy of Missing Out,” will donate primary sale profits across five mental health organizations in honor of May’s Mental Health Awareness Month.

Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 16:35

Elon Musk Tweets a Milady NFT, Floor Price Soars on OpenSea The CEO of Twitter shared a gif of the counterculture NFT declaring, “There is no meme, I love you,” shooting the collection to the top trending spot on the marketplace.

Bitcoin Liquidity on the Brink as Jane Street and Jump Exit Crypto Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 16:29

Bitcoin Liquidity on the Brink as Jane Street and Jump Exit Crypto Markets The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst.

Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 16:29

Bitcoin Liquidity on the Brink as Market Makers Pare Back in Crypto Markets The abrupt exit of Jane Street and Jump, two crucial cryptocurrency market makers, has the potential to disrupt the liquidity flow across the industry, according to a Kaiko analyst.

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 16:10

Tether Reports $1.48B Profit in Q1, Reveals Bitcoin, Gold Reserves The company’s USDT stablecoin has seen rapid growth this year as the U.S. banking crisis hit rivals.

Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 15:54

Bittrex’s U.S., Maltese Arms Processed $425M in Withdrawals Since April 1, Attorney Says Bittrex filed for bankruptcy protection, but says no customer funds were re-used and that liabilities meet assets

Urbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 15:54

Urbit, a Network Older and Weirder Than Bitcoin, Finally Turns Toward Growth The peer-to-peer network started in 2002 says it's taking on "MEGACORP," much in the same vein as many blockchain networks. A bit more fun are the "secret code names" that users are assigned.

Crypto Isn’t Ready for Jack Bogle

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 15:30

Crypto Isn’t Ready for Jack Bogle Alex Botte of Runa Digital Assets explains why crypto isn’t ready for passive investing.

Web3 Represents a Strong Alternative to Today’s Internet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 15:30

Web3 Represents a Strong Alternative to Today’s Internet Web3 is a strong alternative to the current centralized internet, and there are associated crypto tokens worth examining.

Crypto Exchange Binance Trading Volume Fell Almost 50% in April

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 15:18

Crypto Exchange Binance Trading Volume Fell Almost 50% in April Even so, it remains the dominant centralized exchange in the industry.

We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 14:47

We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless The lack of clear crypto regulation risks sending companies overseas. Congress must bring regulatory clarity to crypto market structure, defining the bounds and appropriate legal treatment of crypto securities, commodities, and exchanges, say Jack Solowey and Jennifer J. Schulp.

Joint U.S. House Hearing on Crypto’s Future Opens With Discord

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 14:45

Joint U.S. House Hearing on Crypto’s Future Opens With Discord Relevant House committees decided to meet together to figure out how to move forward with legislation, but one key Democrat pushed back on the need for special crypto rules.

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 13:04

New Rules on Sharing Crypto Tax Data ‘Unanimously Supported’ by EU Members Officials are optimistic finance ministers will formally agree on laws allowing the sharing of information on crypto and NFT holdings between tax authorities next week.

Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 13:00

Crypto Derivatives Protocol Vega's Mainnet Goes Live for Futures, Options Trading The blockchain, called Alpha, is said to be built mainly to support decentralized trading.

U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 12:37

U.S. CPI Inflation Falls to 4.9% in April; Bitcoin Rises Above $28K The Federal Reserve last week suggested it could pause its long series of rate hikes even as inflation remains well above its 2% target.

EY Launches Ethereum-Based Carbon Emission Tracking Platform

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 12:00

EY Launches Ethereum-Based Carbon Emission Tracking Platform The EY OpsChain ESG made the announcement at the firm’s Global Blockchain Summit in London. T

Hungarian Central Bank Sees No Imminent Need for e-Forint

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 11:30

Hungarian Central Bank Sees No Imminent Need for e-Forint The EU member is still trying out options for a central bank digital currency that could help the unbanked.

Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 10:47

Bitcoin Tends to Become More Volatile Around Monthly U.S. Inflation Releases: Kaiko Monthly U.S. inflation readings influence the Fed policy, which impacts both crypto and traditional markets.

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 08:46

Are Cryptocurrencies an Inflation Hedge? Theoretically Yes, Factually No Says S&P Some argue that crypto assets could be in demand in a high-interest rates/high inflation environment because they could serve as a store of value, however crypto's track record is too short to prove this, S&P said.

Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 08:00

Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules The U.K. opened its plans for regulating the crypto sector for public comment back in February.

Crypto Whales Accumulate Millions in Pepecoin as Trading Volume Shifts to Binance

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 06:52

Crypto Whales Accumulate Millions in Pepecoin as Trading Volume Shifts to Binance Larger market participants are buying up the meme coin even as prices dunk, suggesting another leg up might be on the cards soon.

First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 01:49

First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.

US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 01:30

US Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.

U.S. Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 10. 01:30

U.S. Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft Twenty-three-year-old Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 23:02

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

Previewing Congress's Joint Crypto Regulation Hearing

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 22:33

Previewing Congress's Joint Crypto Regulation Hearing Over the past several weeks, Congress – particularly the House Financial Services Committee – has held a number of hearings on crypto and its role in the world. Even a hearing supposedly focused on overseeing the U.S. Securities and Exchange Commission instead mostly saw questions on crypto and climate issues. Tomorrow, we’ll see another hearing, held with the House Agriculture Committee, specifically discussing crypto regulation.

SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 21:34

SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from organizations that aren’t always on the same side as the crypto industry – financial giant JPMorgan and the Small Business Administration (SBA) among them.

Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 21:21

Market Makers Jane Street, Jump Retreating From U.S. Crypto Trading: Bloomberg The move comes as U.S. regulatory scrutiny of the crypto industry has intensified, Bloomberg reported.

Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 20:33

Aragon Cancels Planned Community Control of $200M Treasury Amid Battle With Activist Investors The Swiss organization alleged investors including Arca were mounting a 51% attack.

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 20:14

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Immersion-Cooled Bitcoin Mining

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 20:14

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Immersion-Cooled Bitcoin Mining The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi.

Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 19:59

Litecoin Transactions Hit Record High as Bitcoin Fees Surge Amid BRC-20 Frenzy Transaction fees on the Bitcoin blockchain have hit a two-year high due to the growing popularity of so-called BRC-20 tokens.

Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 19:56

Coinbase Works to Fix Wallet Support for Ethereum Staking Withdrawals Stuck in Limbo According to Coinbase’s customer support, “Our systems currently do not support deposits to Coinbase ETH addresses from external validators… Funds may be stuck until we are able to support these transactions.”

A Eulogy for a Day Trader's Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 19:30

A Eulogy for a Day Trader's Exchange Bittrex, a popular exchange during the initial coin offering (ICO) boom, offered users and the crypto industry invaluable lessons in economics and regulatory affairs.

Bitcoin Cash Rises 11% but Gains Could Be Short-Lived

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 18:56

Bitcoin Cash Rises 11% but Gains Could Be Short-Lived The token was up 11% on the day, but analysts think the cryptocurrency will not be able to sustain its gains.

Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 17:05

Heavyweight Hedge Fund Arca Joins Activist Fight Against DAO Builder Aragon The crypto investment fund sent a letter demanding Aragon conduct buybacks of its ANT token.

There's No Such Thing as High Fees on Bitcoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 16:25

There's No Such Thing as High Fees on Bitcoin Bitcoin’s BRC-20 debate is a re-run of the 2015-17 blocksize wars, except this time some of the combatants have changed sides, says Nic Carter.

Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 16:06

Ex-Coinbase Product Manager Sentenced to 2 Years in Prison for Insider Trading A former Coinbase employee was sentenced to two years in prison on Tuesday weeks after pleading guilty to insider trading charges, according to a report from Reuters.

Crypto Media Outlet Blockworks Raises $12M at $135M Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 15:21

Crypto Media Outlet Blockworks Raises $12M at $135M Valuation The 10T Holdings-led round had a $135 million post-money valuation.

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 15:00

DeFi Broker Prime Protocol Introduces Bridgeless Cross-Chain Token Transfers The protocol aims to eliminate the need for token bridges, wraps and swaps to make moving crypto tokens between blockchains safer.

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 14:51

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.

Xapo Bank to Enable Tether Deposits, Withdrawals

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 14:40

Xapo Bank to Enable Tether Deposits, Withdrawals The crypto-friendly bank announced earlier in the year support for USDC services.

CoinDesk Turns 10: How The DAO Hack Changed Ethereum and Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 14:09

CoinDesk Turns 10: How The DAO Hack Changed Ethereum and Crypto The $60 million hack in 2016 led to a controversial revision of the blockchain, and was a factor leading to the ICO boom starting the following year, argues David Z Morris. This feature is part of our “CoinDesk Turns 10” series.

Crypto Security Firm Dfns Adds Biometric Support to Wallet Development Toolkit

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 14:00

Crypto Security Firm Dfns Adds Biometric Support to Wallet Development Toolkit The addition will allow wallet developers to incorporate Face ID, fingerprints, and other convenient authentication methods into their products.

Why Author Brady Dale Is 'Drowning' in Sam Bankman-Fried

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 13:32

Why Author Brady Dale Is 'Drowning' in Sam Bankman-Fried Before his business collapsed, FTX founder Sam Bankman-Fried built one of the cryptocurrency industry's largest exchanges and personal brands by dazzling the media, public and politicians. Axios reporter Brady Dale argues SBF's addiction to fame led to his notoriety.

NFT Project Pudgy Penguins Raises $9M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 13:28

NFT Project Pudgy Penguins Raises $9M The fundraise comes after a leadership change that led to an increased focus on utilizing the intellectual property.

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 13:18

DCG Looks to Refinance Outstanding Genesis Obligations, Raise Growth Capital The crypto conglomerate may owe its bankrupt lending division hundreds of millions in loan payments.

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 12:12

Galaxy Digital Posts $134M First-Quarter Profit on Strong Showing for Crypto Market The figure compares with a net losses of $111.7 million in the year-earlier period and $288 million in the fourth quarter.

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 11:28

Hut 8's Alberta Bitcoin Mine Running at 15% Installed Hashrate Due to Electrical Issues The firm has been facing operational issues as it tries to complete a merger with U.S. Bitcoin Corp.

Alameda Research Receives $57M From Crypto Exchange OKX

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 11:27

Alameda Research Receives $57M From Crypto Exchange OKX Alameda Research-controlled wallets hold over $240 million worth of various cryptocurrencies.

Bitcoin Trades at Nearly $650 Premium on Binance.US

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 10:36

Bitcoin Trades at Nearly $650 Premium on Binance.US The widening discrepancy between the bitcoin price on Binance's U.S. arm and global counterparts has some observers worried about impending legal action directed at the unit.

Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 10:21

Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.

Binance’s NFT Marketplace Adds Support for Bitcoin NFTs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 09:00

Binance’s NFT Marketplace Adds Support for Bitcoin NFTs The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions.

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 08:00

Digital Asset Will Start Global Blockchain Network With Deloitte, Goldman Sachs and Others Financial technology company Digital Asset has announced it will be launching a privacy-enabled interoperable blockchain network designed for institutional assets to provide a decentralized infrastructure, it announced Tuesday.

Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 07:11

Crypto Trader Pays $120K in Fees to Buy $156K of Meme Coin Four The move worked out in the end as the entity is sitting on a fat profit of several hundred thousand.

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 03:12

FTX's Sam Bankman-Fried Moves to Dismiss Most Criminal Charges Against Him FTX founder Sam Bankman-Fried filed pretrial motions to dismiss a majority of the charges he faces on various grounds late Monday.

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 00:55

Crypto Options Liquidity Provider OrBit Markets Offers Bitcoin and Gold-Hybrid Derivative The company said the product’s finalized payoff depends on the joint performance of both BTC and its gold-backed token XAUT.

First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 09. 00:36

First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin ALSO: A crypto market analyst calls bitcoin's travails of the past two days "growing pains," and says the largest crypto by market cap "will be fine in the long run."

Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 23:32

Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.

Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 22:43

Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC.

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 21:38

U.S. Crypto Exchange Bittrex Files for Bankruptcy in Delaware Crypto exchange Bittrex has filed for bankruptcy in the U.S. state of Delaware, months after announcing it would wind down operations in the country and weeks after being sued by the Securities and Exchange Commission.

Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 21:04

Canto Blockchain Set for Vote on Reduction in Liquidity Incentives, Block Rewards If passed, the mining incentives for each liquidity pool on Canto will be reduced on average by roughly 38%, and data-block rewards known as "security emissions" would decrease by 15%.

Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 20:03

Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.

Bit4You’s Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 19:00

Bit4You’s Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says FSMA’s concerns meant the exchange could have lost its license or even faced prosecution, even before the Estonian platform which held its funds filed for insolvency

Bit4You Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 19:00

Bit4You Affairs in Doubt Even Before CoinLoan Collapse, Belgian Regulator Says FSMA’s concerns meant the exchange could have lost its license or even faced prosecution, even before the Estonian platform which held its funds filed for insolvency

P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 17:49

P2P Bitcoin Exchange Paxful Back Online After Temporary Suspension Peer-to-peer (P2P) bitcoin exchange Paxful has resumed operations after being shut down for over a month, the company said in a blog post.

PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 17:24

PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.

Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 17:11

Private-Equity Giant Apollo Is Part of a Bid to Buy Bankrupt Crypto Firm Celsius The $500 billion-plus firm is involved in NovaWulf's offer for Celsius, according to a person familiar with the matter.

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 13:58

Privacy Project Railgun DAO Adopts Chainway’s ‘Proof of Innocence’ Tool Railgun DAO’s new functionality – initially developed by the developer Chainway for use on Tornado Cash – could allow users to mathematically demonstrate that coins involved in transactions did not come from blacklisted addresses. Digital Currency Group, owner of CoinDesk, is an investor in Railgun DAO.

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 13:30

Estonia’s Registered Crypto Firms Drop 80% as Tough New Checks Reveal 'Suspicious' Behavior Regulators in the tech-friendly nation say they’ll return to business-as-usual monitoring after money laundering fears led it to take a tough line.

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 13:00

Zero-Knowledge Privacy Startup Webb Protocol Raises $7M Polychain Capital and Lemniscap co-led the seed round for the bridge protocol.

Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 13:00

Sam Altman’s Crypto Project, Worldcoin, Releases First Major Consumer Product Worldcoin’s “minimalist” wallet, World App, wants to help you prove you’re human in the age of AI.

Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 13:00

Web3 Firm Artifact Labs Raises $3.25M From Blue Pool Capital, Animoca, Others Hong Kong’s South China Morning Post spun off its NFT business into a new firm called Artifact Labs in March 2022.

Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 12:08

Ripple's Tussle With SEC to Cost the Firm $200M, CEO Garlinghouse Says: Report The U.S. puts politics ahead of policy, Brad Garlinghouse has said at the 2023 Dubai Fintech Summit.

First Mover Americas: PEPE Peaks After Binance Listing

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 12:08

First Mover Americas: PEPE Peaks After Binance Listing The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Block Demand Leads to Fee Spike as Bitcoin-Based Memecoins Flourish

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 11:21

Block Demand Leads to Fee Spike as Bitcoin-Based Memecoins Flourish Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.

Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 11:21

Block Demand Leads to Fee Spike as Bitcoin-Based Meme Coins Flourish Over 11,000 tokens have been issued and traded on the Bitcoin network, data shows.

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 11:00

Liechtenstein Plans to Accept Bitcoin for Payments to State, Prime Minister Says: Report Under the plans, any crypto received will immediately be exchanged for Swiss francs, Prime Minister Daniel Risch told German news publication Handelsblatt.

Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 10:13

Meme Coin Trading Volume Surges to Two-Year High, Signals Caution for Bitcoin Bulls Speculative mania in meme coins has historically presaged bearish reversals in bitcoin.

South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 09:15

South Korea Authorities Investigate Lawmaker Over Suspicious Crypto Transfers: Report Democratic Party lawmaker Kim Nam-kuk had reportedly co-sponsored a bill seeking to defer taxation on crypto profits.

Crypto Options Exchange Deribit's Ether Volatility Index Hits Record Low

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 08:31

Crypto Options Exchange Deribit's Ether Volatility Index Hits Record Low Deribit's forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced considering the lingering macroeconomic uncertainties.

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 07:58

Aave DAO Passes Proposal to Deploy on Ethereum Layer 2 Metis Network The move could bolster market liquidity for the burgeoning Metis ecosystem, community members say.

Pepecoin Drops Nearly 50% From Highs as Traders Likely Taking Profits for Ether

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 07:16

Pepecoin Drops Nearly 50% From Highs as Traders Likely Taking Profits for Ether Some holders have turned pocket change into fortunes after getting into the very early stages of pepe.

Binance Pauses Bitcoin Withdrawals for the Second Time in 24 Hours

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 02:31

Binance Pauses Bitcoin Withdrawals for the Second Time in 24 Hours The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.

Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 02:31

Binance Resumes Bitcoin Withdrawals After Second Pause, Says Its Adjusting Fees and Integrating Lightning Network The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.

Binance Resumes Bitcoin Withdrawals After Second Pause, Says It's Adjusting Fees and Integrating Lightning Network

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 02:31

Binance Resumes Bitcoin Withdrawals After Second Pause, Says It's Adjusting Fees and Integrating Lightning Network The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion.

First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 08. 00:23

First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.

Bitcoin Network Congestion Causes Binance to Pause Withdrawals

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 07. 19:06

Bitcoin Network Congestion Causes Binance to Pause Withdrawals The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol.

U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 06. 02:40

U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg The United States Justice Department's national security division is conducting an inquiry into whether Binance allowed the violation of U.S. sanctions related to Russia's invasion of Ukraine on its platform, according to a Bloomberg report.

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 21:36

Voyager Digital Plans to Liquidate Assets, Wind Down After Sale Dreams Crushed Lawyers for Voyager Digital say the bankrupt crypto lender will self-liquidate its assets and wind down operations after failing to clinch a deal on a sale to either FTX US or Binance.US.

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 20:27

Aragon Fires Back at Activist Investors in Early Stages of DAO Governance Fight After attempting to thwart what it called a "coordinated" attack on its town square, Aragon reiterated its “code is law” position.

Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 18:29

Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.

NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 18:18

NFT Lending Platform Blend Sparks Concerns Over Ecosystem Liquidity Blend, the name of NFT marketplace Blur’s new lending platform, allows traders to lease NFTs to bolster liquidity. However, concerns have been raised about its impact on broader NFT markets.

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 16:36

Coinbase Jumps 17% Post-Earnings; Analysts Praise Results but Worry About Regulatory Uncertainty Coinbase (COIN) shares are up sharply after the company’s first quarter results topped analyst estimates on both revenue and loss per share.

The Need for Clarity in Washington – Not Just on Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 16:31

The Need for Clarity in Washington – Not Just on Crypto The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. But new tools, such as blockchain's cryptographic verification systems, could guide policymakers' decisions.

Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 16:27

Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?

Alibaba Says ‘Open Sesame’ to Web3

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 16:10

Alibaba Says ‘Open Sesame’ to Web3 The Chinese tech giant is releasing a metaverse launchpad. Plus, Sports Illustrated announces an NFT ticketing platform.

The Next Big Web3 Trend Wasn't on Stage at Consensus

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 15:59

The Next Big Web3 Trend Wasn't on Stage at Consensus If you want to know what's coming next in this industry, you need to listen to people still on the sidelines, says Leah Callon-Butler.

Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 15:51

Craig Wright Shows ‘Prima Facie Evidence’ of Contemptuous Conduct, U.S. Judge Says The computer scientist who claims to be Satoshi Nakamoto is still engaged in a $143 million dispute over bitcoin ownership.

New York Attorney General Seeks New Crypto Powers for State Regulators: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 13:01

New York Attorney General Seeks New Crypto Powers for State Regulators: Report The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.

New York Attorney General Seeks New Crypto Powers for State Regulators

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 13:01

New York Attorney General Seeks New Crypto Powers for State Regulators The bill follows legal suits taken by Letitia James in connection to crypto companies like Celsius, CoinEx and Nexo.

First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 12:54

First Mover Americas: Meme Coin PEPE Surges to $1B Market Cap The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

U.S. Adds 253K Jobs in April, Topping Expectations for 180K

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 12:37

U.S. Adds 253K Jobs in April, Topping Expectations for 180K The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.

U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 12:37

U.S. Adds 253K Jobs in April, Topping Expectations for 180K; Bitcoin Falls The unemployment rate rose/fell//head steady at 3.X% versus forecasts for a slight rise to 3.6%.

BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 11:50

BNP Paribas Will Link Digital Yuan to Bank Accounts for Promoting CBDC Use: Report BNP Paribas' corporate clients will be able to connect to China's e-CNY through a connection to the Bank of China's system.

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 11:36

U.S. Regulatory Crackdown Sees Institutional Investors Prefer Gold to Bitcoin: JPMorgan This year’s 76% bitcoin rally appears to have been driven by retail buying, the report said.

Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 11:21

Bitcoin Chalks Out 'Head and Shoulders' Pattern Ahead of U.S. Nonfarm Payrolls: Valkyrie Investments Although not classically meeting the textbook criteria of a head and shoulders, price action since March 19 has painted an extreme high with flanking lower highs, Valkyrie's analysts said.

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 09:19

UK’s FCA Continues Crackdown on Unregistered Crypto ATMs The regulator, alongwith the local police raided sites in Exeter, Nottingham and Sheffield, saying that the cash-to-crypto converters are unlawful and a money laundering threat.

Ethereum's Median Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 09:08

Ethereum's Median Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain.

Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 09:08

Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain.

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 08:04

Zimbabwe Central Bank Wants Citizens to Subscribe to Its Gold-Backed Digital Currency The Reserve Bank of Zimbabwe has said the tokens will be issued by May 8.

Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 06:18

Pepe Coin Shorters Lose Millions as PEPE Jumps to $900M Valuation The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

Pepecoin Short Sellers Lose Millions as PEPE Jumps to $900M Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 06:18

Pepecoin Short Sellers Lose Millions as PEPE Jumps to $900M Valuation The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 06:18

Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation The market capitalization for the tokens jumped to nearly $900 million as the frenzy seems neverending.

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 01:45

Israel Has Seized 190 Binance Accounts With Alleged Terrorist Ties Since 2021: Reuters Israeli authorities say the accounts on crypto exchange Binance belonged to individuals affiliated with Daesh and Hamas.

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 05. 00:20

3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg Kenya's Finance Ministry, the National Treasury, has proposed a 3% tax on the transfer of digital assets for the coming budget year.

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 21:52

Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.

Wrapping Up Consensus 2023

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 21:39

Wrapping Up Consensus 2023 Missed Consensus 2023? Catch up on some of the most important conversations here.

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 21:30

Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 21:00

Decentralized Exchange SushiSwap Rolls Out V3 Liquidity Pool on 13 Chains The new liquidity pools aim to help users reduce financial risks and increase their profits across networks.

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 20:56

Block’s Q1 Bitcoin Revenue Rises 18% From Q4, Gains 25% From a Year Ago For the full year, Block’s bitcoin revenue declined 29% from 2021 due to the fall in the price of bitcoin, the company said.

Coinbase Shares Rise as Q1 Revenue Grows 23% From Q4 to $773M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 20:19

Coinbase Shares Rise as Q1 Revenue Grows 23% From Q4 to $773M The crypto exchange reported first quarter results after the close on Thursday.

Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 20:19

Coinbase Shares Rise as Q1 Revenue Grows 23% to $773M From Q4  The crypto exchange reported first quarter results after the close on Thursday.

The Reactionary Political Theater of CBDC Bans

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 18:38

The Reactionary Political Theater of CBDC Bans The jury is out on whether the benefits outweigh the risks of central bank digital currencies, but stymying research and passing premature legislation comes with its own harms.

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 18:03

Liquid Staking Platform Lido Surpasses 6M Ether Deposits as Shanghai Upgrade Spurs Inflows Ethereum’s Shanghai upgrade spurred deposit inflows to liquid staking protocols, including to the largest player Lido.

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 17:50

Judge Upholds Freeze on SpartacusDAO's $35M in Lawsuit Served Via Discord, NFT Activist investors are suing the leader of SpartacusDAO. He hasn't shown up in court after ignoring multiple attempts to serve him.

Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 16:00

Blockchain Developer Platform Alchemy Launches Public Support for ZK Rollup StarkNet The blockchain is the first with native account abstraction that the web3 developer platform offers, allowing developers to build applications with Alchemy’s infrastructure on StarkNet.

Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 15:59

Hamilton Lane Offers Polygon-Based Tokenized Access to a Second Fund Access to the Senior Credit Opportunities Fund is available through a feeder fund from Securitize.

Alibaba Cloud Builds Metaverse Launchpad on Avalanche

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 15:27

Alibaba Cloud Builds Metaverse Launchpad on Avalanche Named Cloudverse, the launchpad is designed to provide an end-to-end platform for companies to customize and maintain their metaverse spaces.

The Legacy of Mt. Gox: Why Bitcoin’s Greatest Hack Still Matters

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 15:13

The Legacy of Mt. Gox: Why Bitcoin’s Greatest Hack Still Matters The fall of the Japanese exchange in 2014 saw 750,000 bitcoin go missing, putting crypto’s future in doubt. The event reverberates to this day.

CoinDesk Turns 10: What We Learned From Reporting a Decade of Crypto History

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 15:13

CoinDesk Turns 10: What We Learned From Reporting a Decade of Crypto History Our month-long series looking back at 10 years of CoinDesk features a lot of failures. But, in most cases, what seemed like disasters at the time have actually allowed the industry to grow, says CoinDesk’s Chief Content Officer Michael Casey.

Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 15:01

Central Bank Digital Currencies Are Unexpectedly Becoming a Presidential Election Issue The U.S. has no plans to issue a digital dollar. So why are so many politicians coming out against the idea?

Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 14:33

Stronghold Digital to Add 400 PH/s Capacity Via 4K Bitcoin Miners From Canaan Subsidiary The machines will be installed in two tranches, one by mid-May and the second by mid-June.

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 14:25

Coinbase Ventures Backs $10M ZkLink Raise Ahead of Mainnet Launch ZkLink offers a zero-knowledge rollup-backed decentralized trading infrastructure that makes it easier to trade between chains.

Alchemy Ventures Backs $4M Round for NFT Platform Vibe

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 14:00

Alchemy Ventures Backs $4M Round for NFT Platform Vibe The no-code NFT-to-product toolset allows creatives to add utility and value to their tokens.

Palm NFT Studio Rolls Out Generative Art Tool for Creators

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 14:00

Palm NFT Studio Rolls Out Generative Art Tool for Creators The product plugs into the Unreal Engine, a 3D software tool helping creators build out generative art NFT collections.

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 13:00

OpenTrade Raises Over $1.5M for Building Crypto Structured Financial Products The platform will offer liquidity pools for U.S. Treasury bills, later this year.

Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 13:00

Gaming Studio Bitblox to Build On-Chain Games for $68B Online Gambling Industry Bitblox Games will exclusively build crypto games on the Hxro Network, a Solana-based distributed liquidity layer for betting applications.

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 13:00

Layer 2 Network Optimism to Use Ethereum Attestation Service to Promote User Trust The attestation service will allow any Optimism user to create digital sign-offs on all kinds of information involving the blockchain’s activities and users.

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 12:47

U.S. Court Orders SEC to Respond to Coinbase Allegations Within 10 Days Coinbase last week argued that the SEC is providing insufficient regulatory guidance for U.S. companies operating in the crypto sector.

Estate and Legacy Planning for Crypto Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 12:45

Estate and Legacy Planning for Crypto Assets Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner's death. Proper planning can ensure that digital assets are successfully transferred to loved ones and beneficiaries.

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 12:21

First Mover Americas: Bitcoin Pushes Above $29K After Fed Rate Hike The latest price moves in bitcoin (BTC) and crypto markets in context for May 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 12:05

Arbitrum-Based Exchange Chronos Attracts $170M to Yield Pools in a Single Day The price of the DEX’s native chr token jumped 25% in 24 hours.

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 11:43

North Carolina House Unanimously Votes to Ban Digital Dollar Payments to the State The U.S. state's House of Representatives voted 118-0 to pass an amended version of a bill that initially sought to ban crypto payments.

Funding Rates in the $500M Market Cap PEPE Token Remain Negative

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 11:12

Funding Rates in the $500M Market Cap PEPE Token Remain Negative Negative funding rates indicate dominance of bearish positions in the perpetual futures market.

Pepecoin Funding Rates Remain Negative as Bears Proliferate

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 11:12

Pepecoin Funding Rates Remain Negative as Bears Proliferate Negative funding rates indicate dominance of bearish positions in the perpetual futures market.

Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 09:56

Solana Founder Brushes Off FTX Woes, Remains Confident in Crowded Blockchain Landscape Prominent projects are porting over to the Solana network and developer activity remains strong, Anatoly Yakovenko said in a CoinDesk TV interview.

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 08:06

Bitcoin's Dominance Rate Surges After U.S. Banking Crisis Bitcoin's outperformance during the banking crisis indicates the cryptocurrency is the anti-dollar liquid play for investors, one portfolio manager said.

Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 08:02

Nigeria Approves National Policy to Create 'Blockchain-Powered' Economy The policy announcement makes no mention of crypto, which the government cracked down on in 2021.

Supposed AI-Based Crypto Token Using Musk's Image Targeted by Texas Securities Board

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 07:42

Supposed AI-Based Crypto Token Using Musk's Image Targeted by Texas Securities Board Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam.

Supposed AI-Based Crypto Token Using Elon Musk's Image Targeted by Texas Securities Board

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 07:42

Supposed AI-Based Crypto Token Using Elon Musk's Image Targeted by Texas Securities Board Five U.S. states are ordering TruthGPT Coin promoters to stop using images of Elon Musk, CZ and Vitalik Buterin to promote what they describe as an investment scam.

Bitcoin Could Rally 20% to Around $36K: Matrixport

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 07:02

Bitcoin Could Rally 20% to Around $36K: Matrixport The Fed’s latest interest rate hike may be the last for this cycle, which could set the market up for another strong rally, the report said.

‘WallStreetBets’ Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 06:44

‘WallStreetBets’ Themed Tokens Plummets 90% as Insider Dumps Treasury Holdings WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse.

‘WallStreetBets’ Themed Tokens Plummet 90% as Insider Dumps Treasury Holdings

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 06:44

‘WallStreetBets’ Themed Tokens Plummet 90% as Insider Dumps Treasury Holdings WSB prices fell sharply as the apparent token sale by insiders led to token holders dumping holdings en masse.

Coinbase to Stop Issuing New Loans Via Coinbase Borrow

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 04. 00:38

Coinbase to Stop Issuing New Loans Via Coinbase Borrow May 10 is the final day customers will be allowed to take out new loans through Coinbase Borrow.

First Mover Asia: Bitcoin Recovers From Fed Dip

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 23:53

First Mover Asia: Bitcoin Recovers From Fed Dip PLUS: The Madlads hype appears to be over, although it hasn't dragged down the price of Solana. Cryptos return to positive territory.

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 22:37

U.S. SEC Changes Its Mind on Officially Labeling Digital Assets The U.S. Securities and Exchange Commission (SEC) took one small step backwards in regulating the crypto sector on Wednesday, when it deleted what would have been its first formal definition of “digital asset” from its latest hedge fund rule.

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 21:48

FTX Seeks to Claw Back Nearly $4B in Ongoing Bankruptcy Case Bankrupt crypto exchange FTX wants to claw back nearly $4 billion in funds from similarly bankrupt Genesis Global Capital, the company said in a court filing Wednesday.

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 21:32

Bitcoin Rises as Latest Teetering U.S. Bank Sends Traders to Crypto Haven The California-based regional lender is weighing strategic options, according to Bloomberg.

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 21:15

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters.

Curve Finance Deploys Native Stablecoin on Mainnet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 20:59

Curve Finance Deploys Native Stablecoin on Mainnet The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.

DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 20:59

DeFi Protocol Curve Finance Deploys Native Stablecoin on Ethereum Mainnet The deployment marks a major milestone for the public release of Curve’s highly anticipated native stablecoin.

Bitcoin Falls Slightly After Fed Rate Hike

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 20:38

Bitcoin Falls Slightly After Fed Rate Hike BTC was down about 1% after the U.S. central bank boosted the Federal Funds rate by 25 basis points. Fed Chair Jerome Powell noted that the central bank had omitted language signaling rate hikes at upcoming meetings.

RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 19:33

RFK Jr. Raises Crypto Taxes, Regulation as Issues in Opening Days of 2024 Presidential Race Robert F. Kennedy Jr., the latest presidential candidate from one of the most famous U.S. political families, is introducing a number of crypto issues in his newly announced campaign to challenge Joe Biden.

Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 19:32

Coinbase Losses Expected to Narrow; Analysts Seek Details About International Exchange Traders of U.S.-based crypto exchange Coinbase (COIN) will likely get some relief when the company reports first quarter earnings for 2023 on Thursday.

Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 19:19

Aragon Bans at Least 6 DAO Members During Treasury Discussion, Alleging ‘Coordinated’ Assault Their banishment from Aragon’s Discord for asking “probing questions” and using “inappropriate language” highlights the disconnect between the censorship-resistant ideals of crypto governance and the reality that insiders hold considerable sway.

Federal Reserve Raises Fed Funds Rate by 25 Basis Points

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 18:01

Federal Reserve Raises Fed Funds Rate by 25 Basis Points This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 18:01

Federal Reserve Raises Fed Funds Rate by 25 Basis Points, Signals Possible Pause This latest move by the U.S. central bank brings the targeted range for its benchmark fed funds rate to 5%-5.25%.

I Owe Brian Armstrong an Apology

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 16:26

I Owe Brian Armstrong an Apology With Coinbase under pressure from the SEC's scattershot enforcement, it's time to reassess the most boring cryptocurrency exchange on the planet.

Blockchain Association Leaves New York as Federal Regulatory Fight Looms

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 15:44

Blockchain Association Leaves New York as Federal Regulatory Fight Looms The advocacy group will refocus its efforts on petitioning regulators and officials in Washington.

Crypto Innovation and Regulation Should Be Partners, Not Adversaries

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 15:35

Crypto Innovation and Regulation Should Be Partners, Not Adversaries Developers are flourishing elsewhere amid strident relationships with U.S. regulators.

A Closer Look at Market Cap-Weighted Crypto Portfolios

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 15:30

A Closer Look at Market Cap-Weighted Crypto Portfolios Crypto investment products are commonly weighted by market cap. We examine how a small adjustment to market-cap weighting methodologies may better align digital asset portfolios with their intended objectives.

PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 15:22

PEPE Meme Coin Liquidity Pool Becomes Most Active on Uniswap The new token based on “pepe the frog” meme remains one of the most researched tokens for users of blockchain analytics firm Nansen and price tracker CoinGecko.

Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 15:18

Registered UK Crypto Firms Can Approve Their Own Ads, Lawmakers Decide The law on promotions is set to come into effect around four months from now, the finance ministry has said.

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 14:41

CoinDesk Validator ‘Zelda’ Successfully Exits Ethereum as Withdrawal Queue Shrinks to 9 Days It took about 12 days for Zelda to fully exit the Ethereum blockchain. For any new staking withdrawal requests, the wait to get out has shrunk to nine days from 17 days.

Can CBDCs, Tokenized Deposits, Stablecoins and DeFi Coexist?

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 14:20

Can CBDCs, Tokenized Deposits,  Stablecoins and DeFi Coexist? Modern payments tools may eventually compete with banks. But is there a place for tokenized bank deposits and central bank digital currencies in DeFi?

Sui Mainnet Goes Live, Token Trades at $1.33

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:05

Sui Mainnet Goes Live, Token Trades at $1.33 The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Sui Mainnet Goes Live as Crypto Project Takes on Facebook-Offshoot Aptos and DeFi Giants

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:05

Sui Mainnet Goes Live as Crypto Project Takes on Facebook-Offshoot Aptos and DeFi Giants The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:05

Sui Mainnet Goes Live as Crypto Project Takes on Aptos and DeFi Giants The much-awaited Aptos rival put its hundreds of million of VC funding to the test during its mainnet launch, and struggled with speed and decentralization.

Sui Token Surges to $2 on Trading Debut as Network's Fully Diluted Value Hits $13B

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:01

Sui Token Surges to $2 on Trading Debut as Network's Fully Diluted Value Hits $13B SUI tokens were offered to users of multiple crypto exchanges in a presale last week.

Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:01

Sui Token Surges as Trading Begins, Giving the Network a Fully Diluted Value of $13B SUI tokens were offered to users of multiple crypto exchanges in a presale last week.

New Crypto VC Firm Credibly Neutral Raises $5.5M

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 13:00

New Crypto VC Firm Credibly Neutral Raises $5.5M The developer-led firm received funds from the founders of the Polygon and Solana blockchains, among others.

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 12:23

First Mover Americas: Bitcoin Layer 2 Stacks Begins May on Top The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 12:12

TrueUSD's Borrowing Rates Jumped to 100% as TUSD Soared to $1.20: Kaiko Traders shorted TUSD to capture a 20% upside for the token’s intended $1 peg.

Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 12:00

Celsius Founder Mashinsky Denies ‘Baseless’ Fraud Claims From New York State Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.

Crypto Trading Platform Enclave Starts Fully Encrypted Spot Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 12:00

Crypto Trading Platform Enclave Starts Fully Encrypted Spot Exchange Enclave Spot is secured by independent attestors, including Blockdaemon, Ava Labs, Republic Crypto and Enclave..

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 12:00

Celsius CEO Mashinsky Denies ‘Baseless’ Fraud Claims by New York State Attorney General Letitia James said Mashinsky misled investors about the health of the now bankrupt crypto lender.

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 11:13

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 11:00

Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut.

Allow Influencers to Promote Registered Crypto Firms, French Senators Say

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 09:52

Allow Influencers to Promote Registered Crypto Firms, French Senators Say Lawmakers in the French National Assembly are seeking to effectively ban promoting crypto on social media, but Senators appear to favor lighter restrictions

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 09:38

Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text Over $8 million in fees have been paid to the network by inscription creators since their inception.

UK Set to Ban Cold Calls Selling Financial Products, Including Crypto

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 09:26

UK Set to Ban Cold Calls Selling Financial Products, Including Crypto The reported value of U.K. cryptocurrency fraud climbed 32% to £226 million in the year ending in September 2022.

Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 08:48

Bitdeer to Raise $500M for Bhutan Crypto Mining Operations in Deal With Government Bitdeer said the agreement marks "a crucial expansion into Asia" and expects fundraising efforts to commence this month.

Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 08:15

Fed Preview: Crypto Observers Believe Bitcoin Rally May Stall if Powell Does not Signal End of Tightening We expect that Chair Powell may shy away from being definitive when it comes to a pause which may disappoint the market, one crypto trader said.

Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 07:06

Pepecoin Overtakes Dogecoin, Shiba Inu Trading Volumes as Early Buyers Take Profits One trader infamously took on a 50% slippage for getting out of their pepe position.

BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 05:43

BitFlyer USA Fined $1.2M by NYDFS for Not Meeting Cybersecurity Requirements https://www.dfs.ny.gov/system/files/documents/2023/05/ea20230502_bitflyer_usa_inc.pdf

First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 01:13

First Mover Asia: Bitcoin’s Kimchi Premium Has Narrowed, but the Korean Market Is Proving Resilient ALSO: A crypto markets analyst suggests that the U.S. central bank may not be finished with interest rate hikes, even if it raises the rate on Wednesday as expected.

Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 03. 00:37

Binance, Coinbase Endure $700M in Staked Ether Outflows as Decentralized Liquid Staking Protocols Gain Investors are ditching the centralized exchange giants to stake their ETH holdings on decentralized alternatives amid regulatory concerns, and as they chase higher rewards, crypto analysts say.

Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 23:10

Bitcoin Climbs Above $28.5K as Investors Weigh Fresh Bank Woes, Cool Jobs Data Ether also rose. Equity markets dropped, including stocks of two regional banks.

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 21:01

Balaji Closes Bitcoin Bet With $1.5M in Donations, Including $500K for Bitcoin Core Development Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

NFT Collection Goblintown Will Prioritize the ‘Worst’ Traders in Second Season Mint

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 17:22

NFT Collection Goblintown Will Prioritize the ‘Worst’ Traders in Second Season Mint Big Inc, the sequel to the goblin-themed collection, will be giving a 50% discount to token holders who mint using the memecoin PEPE.

Sports Illustrated Launches NFT Ticketing Platform on Polygon

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 14:27

Sports Illustrated Launches NFT Ticketing Platform on Polygon Sports Illustrated's ticketing marketplace SI Tickets has developed "Box Office" in partnership with Ethereum software company ConsenSys.

Digital Currency Group CFO Michael Kraines Stepped Down in April

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:33

Digital Currency Group CFO Michael Kraines Stepped Down in April The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:33

DCG's CFO Steps Down as Crypto Conglomerate Repays $350M Loan The crypto conglomerate also paid off a $350 million senior secured term loan, which was issued by a lender syndicate led by Eldridge.

PEPE Token Soars to $500M Market Cap as Memecoin Fever Grips Crypto Traders

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:23

PEPE Token Soars to $500M Market Cap as Memecoin Fever Grips Crypto Traders PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month.

PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:23

PEPE Token Soars to $500M Market Cap as Meme Coin Fever Grips Crypto Traders PEPE, the meme token that sprouted out of the Pepe the frog meme, has rocketed to a $500 million market cap following a 2,100% rise since it was issued last month.

Coinbase Opens Offshore Crypto Derivatives Exchange

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:00

Coinbase Opens Offshore Crypto Derivatives Exchange Coinbase International Exchange will offer trading of perpetual futures for bitcoin and ether.

Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 13:00

Decentralized Exchange Maverick Rolls Out Liquidity Incentives for Price Stability The tool offers more efficient incentives than competitors like Curve Finance’s rewards and can help pegged assets such as stablecoins, liquid staking derivatives keep their prices more stable, the protocol said.

First Mover Americas: BRC-20 Tokens Skyrocket

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 12:42

First Mover Americas: BRC-20 Tokens Skyrocket The latest price moves in bitcoin (BTC) and crypto markets in context for May 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 12:38

Coinbase Faced With Too Much Regulatory Uncertainty, Rating Cut to Neutral: Citi The bank slashed its price target for the crypto exchange to $65 from $80.

Institutionally-Focused Crypto Exchange Bullish Partners With Market Maker B2C2 in Liquidity Drive

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 12:00

Institutionally-Focused Crypto Exchange Bullish Partners With Market Maker B2C2 in Liquidity Drive Prior to the announcement, Bullish had only logged $200 billion in trading volume since its launch in November 2021.

Institutionally Focused Crypto Exchange Bullish Working With Market Maker B2C2 in Liquidity Drive

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 12:00

Institutionally Focused Crypto Exchange Bullish Working With Market Maker B2C2 in Liquidity Drive Prior to the announcement, Bullish had only logged $200 billion in trading volume since its launch in November 2021.

Digital Bank Revolut Now Offering Crypto Investments in Brazil

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 11:05

Digital Bank Revolut Now Offering Crypto Investments in Brazil Revolut is making its first foray into Latin America, attempting to tap into Brazil's growing demand for crypto assets.

Number of Stablecoins Held on Exchanges Slips to 2-Year Low

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 10:53

Number of Stablecoins Held on Exchanges Slips to 2-Year Low While the stablecoin exchange balance has dropped 44% this year, bitcoin's price has rallied by 70%.

UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 10:47

UK Crypto Tax Advisors Welcome Proposed Changes to DeFi Lending, Staking Treatment The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.

UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 10:47

UK Crypto Tax Advisers Welcome Proposed Changes to DeFi Lending, Staking Treatment The country’s tax authority is consulting the public on new rules it said are aimed at reducing the burden on crypto users.

3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 10:12

3AC Founders’ OPNX Exchange Formally Reprimanded by Dubai Crypto Regulator The action by the Virtual Assets Regulation Authority targeting Kyle Davies, Su Zhu and others follows two cease-and-desist letters for operating an unregulated exchange.

'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 07:47

'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts.

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 02. 07:36

Celsius Seeks to Merge UK, U.S. Entities Amid Allegations Distinction Was a ‘Sham’ Resolving the company’s murky corporate design could prove key to recoveries for customers and Series B investors.

First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 23:49

First Mover Asia: Bitcoin Market Cap Is Surging, but a Retreat From $30K Continues PLUS: Western crypto innovators with great ideas are eying the East for tech-embracing governments and fresh opportunities. A West-East partnership may be crypto's model for the future, the co-founder of Taipei-based Woo Network, Jack Tan, writes.

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 21:39

Bitcoin Drops Below $28K; JPMorgan Takes Over Embattled First Republic Bank BTC’s price had dropped from well above $29,000 since Sunday evening. Investors await Wednesday’s FOMC decision.

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 20:53

Michael Saylor's MicroStrategy Books a Much Smaller Bitcoin Impairment Charge Amid BTC's big rally, the company's impairment loss narrowed to $18.9 million in the first quarter from $197.6 million in the fourth quarter.

Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 18:22

Crypto Exchange Poloniex Agrees to $7.6M Fee to Settle Sanctions Violation Charges Crypto exchange Poloniex will remit $7.59 million to settle sanctions violations allegations with the U.S. Treasury Department's Office of Foreign Asset Control (OFAC), the sanctions watchdog announced Monday.

Sotheby's Launches On-Chain Secondary NFT Marketplace

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 16:16

Sotheby's Launches On-Chain Secondary NFT Marketplace Sotheby’s Metaverse will now offer fully on-chain secondary transactions via Ethereum and Polygon.

NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 15:59

NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending Platform Short for Blur Lending, Blend will allow collectors to buy blue-chip NFTs with a smaller up-front payment, similar to a down payment on a house.

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 13:57

Crypto Firm FARE Protocol Raises $6.2M Ahead of Token Launch The fundraise was led by C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan.

'Shark Tank' but Make It Crypto: CoinMarketCap Launching New Competition TV Show

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 12:00

'Shark Tank' but Make It Crypto: CoinMarketCap Launching New Competition TV Show "Killer Whale" will allow entrepreneurs to pitch ideas for new Web3 products and projects to a panel of judges.

'Shark Tank' but Make It Crypto: CoinMarketCap Launching Competition TV Show

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 12:00

'Shark Tank' but Make It Crypto: CoinMarketCap Launching Competition TV Show "Killer Whale" will allow entrepreneurs to pitch ideas for new Web3 products and projects to a panel of judges.

Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 10:58

Justin Sun to Reverse $56M Binance Transfer After CZ Warns Against Potential SUI Token Grab "Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.

Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 10:58

Justin Sun to Reverse $56M Binance Transfer After CEO Zhao Warns Against Potential SUI Token Grab "Binance LaunchPool are meant as air drops for our retail users, not just for a few whales," Binance CEO Changpeng Zhao tweeted after Sun transferred $56 million in TUSD to Binance.

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 09:08

Coinme, Subsidiary and CEO Fined $4M by SEC Over UpToken Offering The bitcoin kiosk company, its subsidiary Up Global and the CEO of both entities were accused of conducting "unregistered offers and sales of securities."

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg

CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2023. May. 01. 07:49

Nigeria's SEC Mulls Allowing Tokenized Equity, Property But Not Crypto: Bloomberg The regulator is considering applications for digital asset exchanges on a trial basis.