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Showing posts from September, 2024Show all
Uniswap’s Model Is a Science Project That Could Kill DeFi  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Ends Historic September With a Dip, but Breakout May Not Come Before U.S. Election  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Can We Ever Trust AI Agents? Decentralized AI gives us a path to trusting the agents that will soon populate our digital lives, says Marko Stokic, head of AI at Oasis. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin’s Bearish September May Be Its Best Since 2013 Ahead of Bullish October BTC is close to ending September up 9%, its best since 2013, ahead of a seasonally bullish October. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
China's Former Minister of Finance Calls Crypto a 'Crucial Aspect' of Digital Economy The former minister called on Beijing to study the industry in light of Republican candidate Donald Trump's comments on crypto. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Swan Bitcoin Claims Ex-Employees 'Stole' its Mining Business at Tether’s Direction Swan Bitcoin has filed suit against a group of former employees and consultants, alleging that they “hatched and executed a ‘rain and hellfire’ plan” to steal its lucrative bitcoin mining business with the help of Tether, Swan Bitcoin’s one-time ally and fundraising partner. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Paradox of the Bitcoin Maximalist When Bitcoin is dominated by major institutions (and Bitcoiners are asking for approval from presidential candidates) we are in danger of creating centralized decentralized finance, something Bitcoin’s founders never intended, says Jason Dehni, CEO of Credbull. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
MicroStrategy 2X Leveraged ETF Sees Massive Inflows In First Week Of Trading As MSTR Outperforms Bitcoin Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Global Effort Disrupts Russia Linked Network Using Crypto to Evade Sanctions, U.S. Charges Two Russians Russian nationals Sergey Ivanov and Timur Shakhmametov have been charged for their involvement in operating money laundering services that catered to cybercriminals using cryptocurrencies, U.S. authorities announced on Thursday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto PACs Dominate Ohio Senate Race, Spending $40M on Sherrod Brown's Foe The colossal campaign spending from the cryptocurrency industry is showing up in dominant fashion in Ohio's U.S. Senate race, where its political action committees have devoted $40 million to support Republican Bernie Moreno's opposition of Sen. Sherrod Brown (D-Ohio), the crypto-skeptical chairman of the Senate Banking Committee. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tornado Cash Dev Roman Storm’s Criminal Case Will Proceed to Trial, NY Judge Orders The U.S. Department of Justice’s (DOJ) case against Tornado Cash developer Roman Storm will proceed to trial, a New York judge ruled during a telephonic hearing on Thursday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
DePIN: Reshaping the Internet and Empowering Users Brian Trunzo, Global Head of Business Development at Polygon Labs, argues that DePINs represent an opportunity to build new useful services, while redistributing control and value to end-users. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Next Wave of AI Is Mobile AI is moving beyond tech giants as everyday smartphones take on complex computing tasks, says Mitch Liu, CEO of Theta Labs. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
When Icons Fall: P. Diddy, Sam Bankman-Fried, and the Lure of High-Profile Cases for Attorneys  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ex-Alameda Research CEO Caroline Ellison Sentenced to Two Years in Prison for Her Role in FTX Fraud Caroline Ellison was sentenced Tuesday afternoon. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
TrustToken, TrueCoin Settle With SEC Over Fraud Accusations in Stablecoin Investing TrustToken and TrueCoin – now rebranded and under the umbrella of Archbock Inc. – settled accusations that they knowingly misrepresented the backing of the TrueUSD  stablecoin and offered securities tied to it without properly registering, the U.S. Securities and Exchange Commission said in a Tuesday statement. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Leveraging Bitcoin’s Security for Trustless Asset Transfers We should be looking to Bitcoin as the foundation for secure cross-chain infrastructure, says Jeff Garzik, CEO of Bloq and leader of the Hemi Network project. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
What to Expect at Former Alameda Research CEO Caroline Ellison's Sentencing Former Alameda Research CEO Caroline Ellison will learn her fate in a few hours. She may spend the next several months or years behind bars, but her attorneys, the Department of Justice and the Probation Office all seem to think she should remain a free woman after the amount of cooperation she provided. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Telegram to Provide More User Data to Government After CEO’s Arrest Messaging app Telegram made significant changes to its terms of service, chief executive officer Pavel Durov said in a post on the app on Monday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Blockchain Data-Availability Project Celestia's Foundation Raises $100M  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Core Scientific, on Cusp of Becoming a Major Force in AI Hosting, Initiated at Buy: Canaccord The broker started coverage of the bitcoin miner with a buy rating and a $16 price target. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments Canada is shifting its focus away from a retail central bank digital currency after years of research, its central bank announced last week. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Ether Outperforms Bitcoin as Token 2049 Concludes, Overall Crypto Market Stays Flat The CoinDesk 20 is beginning the week flat. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Harris Says Her White House Will 'Invest in America's Future' Which Includes 'Digital Assets' The Democratic nominee promises she'll be a tech-friendly president in remarks to donors CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Next Stage for Public Good Funding in Crypto Privatizing public goods investment in venture funds would help align incentives and lead to more sustainable financing for networks that have a social purpose, says Azeem Khan. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Iggy Azalea to Release Online Casino Motherland in Boost for MOTHER Token The online casino and gaming platform will be released in November. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
DeFi Lender Sky Ratifies Plan to Offboard Wrapped Bitcoin, Due to Sun Concerns The matter has been closely followed in crypto markets, since the Sky platform has $200 million of loans collateralized by the token, and since WBTC is one of the biggest cryptocurrencies, with nearly $10 billion outstanding. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month The broad-based CoinDesk 20 Index outperformed BTC and ETH, with all of its constituents advancing through the day and SOL, AVAX and APT gaining 10%-15%. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Does SBF’s Appeal Stand a Chance of Succeeding? Lawyers contacted by CoinDesk are skeptical the FTX’s founder will get another trial. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
DeFi Lending Platform Rari Capital Settles SEC Charges  The U.S. Securities and Exchange Commission settled charges with decentralized finance lending platform Rari Capital and its co-founders. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Fed Cuts Interest Rates by 50 Basis Points, Bitcoin Briefly Hits $61K Market participants were uncertain about the size of rate cut prior to the Fed meeting, laying the groundwork for volatility on the markets. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Protocol: How Winklevii Taught Dad BTC, Wild Flight to Singapore Forget the Federal Reserve. The Bitcoin and crypto project news flow is ample (and fascinating) enough to keep us busy. We've got the rundown plus $80M of fundraisings. In CoinDesk's weekly newsletter on blockchain tech. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations International accounting firm Prager Metis has agreed to pay $745,000 to settle misconduct allegations from the U.S. Securities and Exchange Commission (SEC) tied to its bungled audit of FTX before its collapse in November 2022. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Will Ether’s Supply Crunch Lead to Higher Prices in Q4? Ether’s price might be falling, but its liquid supply is shrinking. If demand picks up next quarter, we could see a supply crunch that pushes prices higher, says Lucas Schweiger, Digital Asset Research Manager at Sygnum Bank. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Michael Saylor's MicroStrategy Plans Another $700M Convertible Note Issuance The company is the largest corporate bitcoin holder with 244,800 bitcoin worth over $14 billion in its treasury. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Trump's Crypto Gambit: What We Know About Today's Launch of World Liberty Financial      CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
CZ Set to Be Released From Prison on September 29 The Binance founder is currently living in a halfway house in San Pedro, California. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Flappy Bird Creator Dong Nguyen Comes Out of Social Media Retirement to Take a Swing at GameFi Flappy Birds is back, but without the support of its original creator. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Slips to $58K as Fed Faces Split Rate Cut Expectations  "Rarely has the market gone into the Fed meeting with maximum uncertainty (halfway between 25bps and 50bps)," Marc Chandler, chief market strategist at Bannockburn Global Forex CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin, Ether Plunge 5% Ahead of Widely-Anticipated Fed Rate Cuts  PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court  The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider The registry, launched in March by Argentina's National Securities Commission, already has 79 approvals. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Eyes $60K and Likely Haa More Room to Rally, Analyst Says  CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing Markets are rallying as might be expected on a new rate cut cycle, but crypto continues to struggle. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
DeFi Lending Giant Sky Sets Vote to Offload Wrapped Bitcoin as Justin Sun Concerns Linger The action could impact $200 million of DeFi loans in the Sky ecosystem should the proposal pass. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Federal Judge Threatens Ryan Salame With Sanctions After Former FTX Exec Says He Lied About Plea Deal Last Year A federal judge on Thursday told former FTX executive Ryan Salame that he could be hit with sanctions after Salame lied to the judge about prosecutors not making promises to him as part of his plea deal last year, CNBC reported. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Jumps Over $58K Amid Tech Stock Rally, SUI Outperforms SUI beat BTC and ETH in the early hours of East Asia trading. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Protocol Village: Flight-Tracking DePIN Protocol Wingbits Raises $3.5M   CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Protocol: Polymarket Bets Pay Off as Memecoin Memorializes 'Dwebate' Crypto wasn't even mentioned during Tuesday's U.S. presidential debate between former President Donald Trump and Vice President Kamala Harris. But there was a parallel universe of often-ridiculous trading around the faceoff – taking place on blockchain-based prediction markets and memecoin launchpads. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Harris Won U.S. Presidential Debate Versus Trump, Polymarket Betting Suggests Vice President Kamala Harris appears to have beaten former President Donald Trump in the first debate between the U.S. presidential candidates on Tuesday, based on the direction of prediction bets on Polymarket, while crypto policy went unmentioned. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Former FTX Executive Caroline Ellison's Sentencing Hearing Set for Sept. 24 Former Alameda Research CEO Caroline Ellison's sentencing hearing has been scheduled for Sept. 24, 2024, at 3:00 p.m. EDT. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Eyes $58K With Downtrodden Crypto Markets Exposed to Short Squeezes, Says Analyst Bitcoin (BTC) was rising on Tuesday as the crypto market continued its rebound from last week's fear-inducing plunge. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Kalshi's U.S. Election Markets Delayed Until Friday at Earliest The judge in the prediction market's court case against the CFTC has called a hearing Thursday over the regulator's motion for a two-week delay. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
GenZ’s Toolkit for a New Bangladesh: Blockchain Widespread corruption led to Bangladesh’s recent student-led revolution, toppling Prime Minister Sheikh Hasina. Blockchains can help secure it by offering greater transparency, says Sharmeen Shehabuddin, Social Media Lead at Consensys. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Tether's $100M Investment in LatAm Agriculture Firm May Be a Tokenization Play Adecoagro is a founder and partial owner in an Argentina-based agricultural commodities tokenization platform Agrotoken. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin Bottom In? BTC Order Book Liquidity Says Yes Low liquidity, represented by market depth, is often seen at market bottoms, Hyblock Capital said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Crypto Exchange Woo X Introduces Copy Trading, With a Twist The exchange’s version of social trading comes with a countertrade feature as well as more transparent and equitable profit sharing. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin 'Grossly Undervalued' at Current Prices, Traders Say Ahead of CPI, Trump-Harris Debate Week The asset and broader crypto market tend to move on the release of U.S. economic figures and political developments. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
U.S. Election Betting Delay Would Be 'Devastating' to Kalshi, Firm Says Kalshi "has staked its future on this litigation and these markets," the prediction market platform said, pushing back against CFTC's emergency motion. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Might Donald Trump's Crypto Token Fit Into Regulations? The former president of the United States is launching a crypto yield product, even as he appeals to the crypto industry in his current bid for office. Donald Trump will be the "chief crypto advocate" for World Liberty Financial, a venture that has offered scant hints so far about what it will actually do. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Kalshi Cleared to Offer Congressional Prediction Markets in Victory Against CFTC tktktktk CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Escaping the Casino: How Tokenized Assets Will Save DeFi From Itself Vitalik Buterin is right: DeFi today is a circular speculative economy. The bigger opportunity lies in bringing traditional capital markets on-chain, so that crypto reaches the mainstream, says Zach Rynes (aka ChainLinkGod), who serves as a Chainlink Community Liaison. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Visa and Santander Selected by Brazil’s Central Bank for a Second Phase of CBDC Pilot In May 2023, the BCB selected 14 participants for the first phase of the pilot. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Trump Promises to Embrace ‘Industries of the Future’ Including Crypto, AI Donald Trump reiterated his promise to make the U.S. the crypto capital of the world if re-elected president during public remarks Thursday CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
We Need DePIN to Get to Net-Zero Emissions To achieve the net-zero goal ASAP, we must find a way to actively integrate end consumers into the energy market. The answer is Decentralized Physical Infrastructure Networks, says Kai Siefert, founder and CEO of Combinder, a user-owned distributed energy network. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
The Protocol: The Secret Code Behind Trump Family Crypto Project In this week's issue of CoinDesk's weekly newsletter on blockchain tech, we've got the secret details underpinning the former president's plan for World Liberty Financial, as well as the rankings of which tokens performed the least-poorly in ugly August crypto markets. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Ethereum 2.0 Can Transform DeFi The shift to proof-of-stake has raised worries about over-centralization. By reaffirming its commitment to decentralization, the blockchain can realize its goals, says James Wo, Founder & CEO of DFG. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Building Robust Digital Asset Custody Solutions: Key Considerations Private blockchain, smart contracts, and specialized oracles - Mohammad Nauman, Director of Custody Engineering at Bullish explores the essential elements to consider when building a secure and efficient digital asset custody infrastructure. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
A Hunt for Yield: The Next Chapter in Crypto Portfolio Optimization The fallout from the 2022 crisis has pushed the industry to innovate. One of the most promising developments has been the rise of tokenized money market funds. These funds offer a way to generate yield, says Jason Liebowitz, Head of Private Wealth at Hashnote. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Polygon to Start Much-Awaited Swap of POL Token for Longstanding MATIC The migration from POL to MATIC will also bring in some tokenomics changes with a new emission rate of 2%. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
DeFi Protocol Penpie Exploited for $27M of Crypto Assets; PNP Token Craters 40% Crypto users lost some $2 billion due to hacks, scams and exploits throughout 2023, one report said. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
How Decentralized AI and Zero-Knowledge Proofs Will Democratize Compute AI is at risk of the same centralization seen in earlier editions of the internet. But another way is possible, say Mahesh Ramakrishnan and Vinayak Kurup. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bank of Japan Governor Hints at More Rate Hikes; BTC Drops 0.4% The divergent monetary policy paths of the BOJ and the Fed mean potential for yen strength and pain for risk assets, including cryptocurrencies. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
WazirX Hacker Starts to Move Stolen Ether Using Tornado Cash The Indian crypto exchange was hacked for over $230 million in July, and a restructuring process is underway in Singapore. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
OKX Brings Update to Ease Bitcoin Arbitrage The new offering allows traders of varied experience levels to maximized returns through market-neutral bets. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
SEC Might Challenge FTX Bankruptcy Estate From Paying Back Customers With Stablecoins      The U.S. Securities and Exchange Commission (SEC) may have thrown a spanner in the wheels of the confirmation of the FTX bankruptcy plan, according to a court filing Friday. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Cardano’s Chang Hard Fork Goes Live, Introducing On-Chain Governance The highly anticipated upgrade markes the ecosystem's long-planned shift towards decentralized governance. CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data