Tag: CoinDesk

The bill is set to underpin a putative new central bank digital currency , financial services commissioner Mairead McGuinness said

Taxing capital gains, mining or crypto transactions are all being examined to fund the bloc’s $185 billion annual spending.

The vote in the European Parliament’s Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms.

The separate proposals passed in the past two days by Sushi community voters are part of a broader plan to ensure the project’s longevity.

Bitcoin looks north, with further gains hinging on sentiment in traditional risk assets, one analyst said.

Buying pressure remains spot-driven, but prices are easily movable due to relatively lower liquidity, analysts at Bitfinex said in a Tuesday note.

The ETH/BTC currency pair has declined 8% since Jan 11, as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading.

The move will make the Floor user experience more expansive by showcasing data to help educate traders.

Nearly one-fourth of ether burned stems from NFT trades over the past seven days, according to data from ultrasound.money.

The floor price of the collection on the secondary market fell below its minting price of 0.911 ETH in the hours after it opened to the public.

A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement.

Lawyers for Genesis Global told a New York bankruptcy court on Monday that they’ve been working with their creditors’ representatives and the U.S. Trustee’s Office “around the clock” for the past two months in order to reach a “consensual resolution” w…

FTX’s FTT token was up 8% for the day. Equities closed up.

The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.

Katherine Dowling, general counsel at the asset management firm, says that because stablecoins are a “narrower issue” lawmakers may be more inclined to tackle the crypto-related framework.

A leaked proposal that faces a vote on Tuesday deems crypto assets to be the riskiest, in line with emerging international guidelines.

What can the United States learn from regulation around the world? Jeff Wilser takes a grand tour.

In a new blog, Ethereum co-founder Vitalik Buterin outlines a stealth address system that can help overcome the blockchain’s lack of privacy protections.

The popular new project by Jack Butcher has been embraced by the community through a number of derivative projects, and highlights the power of accessible mints.

The expansion aims to grow the project’s scope into world building, narrative storytelling and new markets and will bring Golden’s Wolf’s founder into the company as Chief Content Officer.

The Indian Government’s apex public policy think tank, NITI Aayog, has launched a blockchain module in partnership with 5ire, a blockchain focused company, and Network Capital, a mentorship and career exploration platform.

Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency.

After crypto exchange FTX’s bankruptcy proceedings revealed poor segregation of customer funds, the New York regulator is reminding service providers to keep clean records.

Following the FTX scandal, Washington is gearing up to regulate crypto with full force. Get all the latest here.

Short-bitcoin investment products saw inflows totalling $25.5 million.

The SEC and CFTC are unlikely to issue new rules covering crypto this year. But, if they did, calls from policymakers to regulate through rulemaking rather than enforcement offer a useful way forward, says Michael Selig, an attorney at Willkie Farr & G…

The first set of testing has commenced for the much anticipated Shanghai upgrade, expected in March, that will enable staked ether withdrawals. Some minor glitches were reported.

The so-called “Crypto King of Congress” blames over-centralization and old-fashioned fraud for FTX’s collapse (not crypto). As Congress considers new crypto legislation, can he persuade his colleagues – including the combative Elizabeth Warren – of the…

Price takers have been placing large market buy orders at the same pace as market sell orders, data from Kaiko Research show. However, overall liquidity remains thin, implying a high risk of sudden price crash.

Several senior executives have been arrested in Spain, Europol announced, following founder Anatoly Legkodymov’s arrest in Miami.

There is no law that bans U.S. banks from issuing paper or digital private banknotes, American Institute for Economic Research economist Thomas Hogan argues.

U.S. lawmakers must prevent the further erosion of our privacy rights by defending our right to use privacy-preserving tech and passing laws against unreasonable and constant digital surveillance.

SBF was crypto’s number one influencer in Washington. Now the collapse of FTX is fueling a crackdown, says Jesse Hamilton.

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 23, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Recent gains are unlikely to presage a sustained advance, the report said.

Community members staked over 20 million UNI tokens to cast their votes.

The country, which made bitcoin a legal tender in April, wants to pave way for greater crypto adoption.

Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.

Some 4.8 million AXS tokens, the equivalent of 1.8% of the cryptocurrency’s total supply, will be freed up later Monday.

A short-lived outrage that affected over 50% of the network was automatically solved within minutes on Sunday.

NFT markets on Aptos are seeing growth among Crypto Twitter community users.

Will the “Motorverse” change the face of backseat entertainment?

CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.

The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience.

Two additional promoters of the Forcount Ponzi scheme – a Brazil-based crypto scam that defrauded Spanish-speaking investors around the world of a collective $8.4 million – have been arrested and charged with fraud for their role in the alleged grift.

ALSO: Bitcoin and ether traded up. Equities also rose after a strong U.S. jobs report.

DeLabs, the company behind the NFT projects, received a “$3M non-equity grant” from the layer 2 chain to fund its expansion.

FTX’s U.S. leadership and the company’s Bahamas wing’s court-appointed liquidators have formed a cooperation agreement addressing how assets may be inventoried and disposed of, among other issues, a press release Friday said.

By definition, stablecoins are tethered to the real economy. But whatever links they have should be minimized, until their applications are fully proven, says Dan Kuhn.

An Ohio family now has not one but two felons facing potentially lengthy prison sentences for crypto-related crimes.

A new study by Ren & Heinrich suggests that Binance’s emergence as the dominant global crypto exchange might mean that its individual token listings are now getting a lot more attention – at least among speculators.

Web3 features are just beginning to appear on smart TVs, but they could become an on-ramp for general consumers.

Poolin had issued I-owe-you tokens in exchange for its users’ crypto deposits. A Singapore judge said that’s not okay.

>>> Read the full story at CoinDesk

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 6, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The U.S. regulator is looking at whether financiers did their homework on a crypto exchange since accused of sloppy governance.

On-chain data shows that more than $60 million in tokens has left the exchange in the last 24 hours, while stablecoin reserves have dropped 9.5% in a week.

The disgraced FTX and Alameda Research founder may simply be so deluded he actually thinks he’s innocent – despite a mountain of evidence.

Virtual pets have been around for decades, but with NFTs, we set to own our online cats and dogs this year, not just play with them, says Leah Callon-Butler.

Traditional finance players want new international rules to stop FTX-style conflicts of interest, but the crypto industry warns of crimping blockchain benefits

The settlement will also require Coinbase to invest $50 million to bolster its compliance program.

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 4, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

We could see a bears in disbelief rally in ether in coming weeks, Decentral Park’s Lewis Harland said.

Staked ETH withdrawals, scalability, and more cool events are on the horizon. Valid Points is CoinDesk’s weekly newsletter breaking down Ethereum’s evolution and its impact on crypto markets.

The National Crime Agency’s Crypto Cell follows the posting of crypto experts with local police across the country.

The crypto exchange dominated the market with about a two-thirds share among 11 leading exchanges.

The memecoin is up over 150% in the past 24 hours and have recorded some of the highest trading volumes on Solana-based decentralized exchanges.

U.S. inflation has slowed, echoing the late 1974 peak that presaged a rebound in the S&P 500, a benchmark for risk assets, including cryptocurrencies.

The country has been cracking down on mining to deal with power shortages.

Curve tokens (CRV) are issued as yield farming rewards to liquidity providers on Curve Finance, and can be converted into vote-escrowed CRV (veCRV).

A research study found that Indians moved more than $3.8 billion in cumulative trading volume from local to international crypto exchanges after the nation announced stiff crypto tax rules last year.

The figures represent 80% of all registrations since the service launched.

At CES 2023, Ixana announced a developer kit for Wi-R, a wireless tech that could lead to sleeker VR and AR devices for metaverse applications.

The Tokyo-based video game giant is already developing multiple blockchain games, highlighting an area of growth amid a brutal crypto winter.

The Israel Securities Authority proposed new legal definitions for digital assets that would formally establish their government supervision – most frequently as securities.

ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it’s held since mid December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.

His projects, including The Goobers NFT and charity-focused cryptocurrency CluCoin, were down following the announcement. It’s unclear how much money was lost.

The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan.

The governance token of the Lido decentralized autonomous organization surged 26% so far in 2023, surpassing bitcoin and ether’s performance. 142 assets of 163 assets in the CoinDesk Market Index are trading higher in the new year.

The U.S. Federal Reserve and other regulators issued a crypto warning for the banking system Tuesday, though the statement doesn’t extend any new policies about how traditional lenders deal with digital assets.

The presiding judge in the case set a target date for the trial to begin in early October.

>>> Read the full story at CoinDesk

Happy New Year everyone! Thanks for sticking around as this newsletter heads into year three. And as is befitting the first issue of 2023, we’re going to spend today in court for FTX founder Sam Bankman-Fried’s arraignment.

Satoshi Nakamoto mined the Genesis Block on Jan. 3, 2009. That was three months after the pseudonymous inventor published the Bitcoin white paper in an online cryptography forum. People now call Jan. 3 “Genesis Block Day.”

The mining services broker won a June case against Dynamics Mining.

The attorneys cited privacy and safety concerns as reasons for requesting the concealment of identities.

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

U.S. and Bahamian liquidators continue to sling mud as they fight for jurisdiction over the disgraced CEO’s company

Bonk was airdropped to several Solana NFT projects and has steadily gained interest among holders.

The cryptocurrency industry has a strong track record of fighting back, the report said.

Ethereum’s Shanghai upgrade is set to de-risk ether staking by allowing ETH withdrawals. That’s likely to pave the way for widespread adoption of liquid staking solutions.

The decentralized exchange holds over $390 million in locked tokens as of Tuesday.