How Tether Can Be a More Stable Stablecoin
https://www.coindesk.com/consensus-magazine/2022/12/29/how-tether-can-be-a-more-stable-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Tether, the world's biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?
China to Launch First National ‘Digital Asset’ Marketplace
https://www.coindesk.com/web3/2022/12/28/china-to-launch-first-national-digital-asset-marketplace/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
While trading digital collectibles has been popular amongst Chinese collectors through heavily regulated marketplaces, this is the country’s first official foray into NFTs.
Even Without A Mining Subsidy, These Two Factors Will Protect Bitcoin Into The Future
https://bitcoinmagazine.com/technical/bitcoin-security-without-mining-subsidy
Many speculate that Bitcoin’s security will lapse with the end of the mining subsidy. But other factors will continue to incentivize miners.
First Mover Americas: Gemini Sued Over Interest-Earning Product
https://www.coindesk.com/markets/2022/12/29/first-mover-americas-gemini-sued-over-interest-earning-product/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Alameda Research Liquidated Ether-Based Token Holdings for Bitcoin in Past 24 Hours, On-Chain Data Shows
https://www.coindesk.com/markets/2022/12/29/alameda-research-liquidated-ether-based-token-holdings-for-bitcoin-in-past-24-hours-on-chain-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The move came days after Sam Bankman-Fried posted a bail bond and was temporarily freed from jail.
Debunking Bitcoin Misconceptions: It’s Not Stored Time, Energy Or Violence
https://bitcoinmagazine.com/culture/bitcoin-is-not-stored-time-energy-war
Metaphors and analogies are critical for helping newbies understand Bitcoin, but they are dangerous when taken too far.
Digital Dollar Will Come Eventually, Lobbyist Says
https://www.coindesk.com/business/2022/12/28/digital-dollar-will-come-eventually-lobbyist-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Michael Greco, policy research director at the Digital Dollar Project (DDP) and Josh Lipsky, senior director of the Atlantic Council’s GeoEconomic Center, discuss why the development of a central bank digital currency in the U.S. may only be a matter of time.
Crypto Exchange Gemini Sued by Investors Over Interest-Earning Program
https://www.coindesk.com/business/2022/12/28/crypto-exchange-gemini-sued-by-investors-over-interest-earning-program/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Investors say the platform was offering interest-earning crypto through its Gemini Earn program without registering those assets as securities in accordance with U.S. securities law.
The Next Wave of Institutional Digital Asset Adoption
https://www.coindesk.com/consensus-magazine/2022/12/28/the-next-wave-of-institutional-digital-asset-adoption/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Once you build decentralized access control, the decentralized world of Web3 and the traditional world of finance can finally be brought together.
FTX Users Sue for Priority Repayment and Damages in Bankruptcy Proceedings
https://www.coindesk.com/business/2022/12/28/ftx-users-sue-for-priority-repayment-and-damages-in-bankruptcy-proceedings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The class action lawsuit accuses the bankrupt crypto exchange of misappropriating user funds.
First Mover Americas: Sunset for Kraken in Japan
https://www.coindesk.com/markets/2022/12/28/first-mover-americas-sunset-for-kraken-in-japan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 28, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum’s 2022 in Review: The Merge, MEV and Mayhem
https://www.coindesk.com/tech/2022/12/28/ethereums-2022-in-review-the-merge-mev-and-mayhem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ethereum’s year was marked by reductions to energy costs and improved scalability, but it was also racked by hacks and “censorship.”
Bitcoin Miner Argo Will Avoid Bankruptcy With $100M Bailout from Novogratz’s Galaxy
https://www.coindesk.com/business/2022/12/28/bitcoin-miner-argo-will-avoid-bankruptcy-with-100m-bailout-from-novogratzs-galaxy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Galaxy will also loan $35 million to Argo as part of the deal.
First Mover Asia: Bitcoin Drifts Lower as Crypto Winter Continues
https://www.coindesk.com/markets/2022/12/28/first-mover-asia-bitcoin-drifts-lower-as-crypto-winter-continues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: CoinDesk Columnist David Z. Morris' early soothsaying about the seriousness of the allegations against Sam Bankman-Fried, the former CEO of embattled crypto exchange FTX; bitcoin drifts toward $16.7K.
Crypto Investment Firm Midas Shutting Down Platform Following Losses
https://www.coindesk.com/business/2022/12/27/crypto-investment-firm-midas-shutting-down-platform-following-losses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The collapse of Celsius and FTX led to more than 60% of Midas’ assets under management being withdrawn.
Zero-Knowledge Cryptography in 2023: The Year Privacy Becomes Practical
https://www.coindesk.com/consensus-magazine/2022/12/29/zero-knowledge-cryptography-in-2023-the-year-privacy-becomes-practical/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
TKTK
Fiji’s New Pro-Bitcoin Prime Minister Ponders Legal Tender Bill: Report
https://bitcoinmagazine.com/legal/fiji-prime-minister-bitcoin-legal-tender
Newly elected Fiji Prime Minister Sitiveni Rabuka is pro-Bitcoin and is reportedly considering pushing a bill to adopt BTC as legal tender in the country.
No, Advisors, Crypto Is Not a Ponzi Scheme
https://www.coindesk.com/markets/2022/12/29/no-advisors-crypto-is-not-a-ponzi-scheme/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
While the FTX debacle has many Ponzi-like characteristics, most cryptocurrencies do not resemble the infamous schemes.
Solana Tokens Continue Steep Slide While Major Cryptos Stay Flat
https://www.coindesk.com/markets/2022/12/29/solana-tokens-continue-steep-slide-while-major-cryptos-stay-flat/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Solana (SOL) dropped nearly 8% in the past 24 hours, adding to a 20% slide over the past week.
First Mover Asia: Bitcoin Retreats Further Into the Gloom
https://www.coindesk.com/markets/2022/12/29/first-mover-asia-bitcoin-retreats-further-into-the-gloom/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The largest crypto by market capitalization dropped below $16.5K at one point on Wednesday. ALSO: CoinDesk research analyst George Kaloudis ranks his top five industry annoyances, and FTX tops the list.
Why Solana Was Decimated by Bankman-Fried’s Downfall
https://www.coindesk.com/consensus-magazine/2022/12/28/why-solana-was-decimated-by-bankman-frieds-downfall/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Here are the headwinds facing the formerly hot, venture capital-backed blockchain project.
MicroStrategy To Launch Bitcoin Lightning Solutions In 2023: Saylor
https://bitcoinmagazine.com/business/microstrategy-launch-bitcoin-lightning-apps-2023
Bitcoin Lightning applications that MicroStrategy plans to release include enterprise infrastructure services and content monetization solutions, Saylor said.
MicroStrategy Added 2,500 Bitcoins for $45M in Last 2 Months
https://www.coindesk.com/business/2022/12/28/michael-saylors-microstrategy-buys-another-2395-bitcoin-for-428m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Technology company MicroStrategy has added to its bitcoin stockpile, purchasing approximately 2,395 BTC for $42.8 million in cash between Nov. 1 and Dec. 21.
NFTs Are Securities and It’s Great
https://www.coindesk.com/consensus-magazine/2022/12/28/nfts-are-securities-and-its-great/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
MicroStrategy Adds 2,500 Bitcoin To Holdings Despite Tax-Loss Harvesting
https://bitcoinmagazine.com/business/microstrategy-buys-2500-btc-despite-sale
The tech company led by Michael Saylor has increased its bitcoin holdings by 2,500 BTC despite selling bitcoin for the first time to generate a tax benefit.
2022: A Year Of Grassroots Bitcoin Adoption For Africa
https://bitcoinmagazine.com/culture/2022s-bitcoin-adoption-in-africa
Traveling to four African countries throughout 2022, Bitcoin For Fairness encouraged several grassroots Bitcoin adoption projects.
Crypto Exchange Kraken to End Japan Operations
https://www.coindesk.com/business/2022/12/28/crypto-exchange-kraken-to-end-japan-operations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Cryptocurrency exchange Kraken said it will exit the Japanese market and de-register from the Financial Services Agency (JFSA) as of Jan. 31, 2023.
Can Antoine Riard’s Lightning Network Proposal Mitigate Channel Jamming Attacks?
https://bitcoinmagazine.com/technical/proposal-to-stop-bitcoin-lightning-attacks
A protocol proposal from Antoine Riard seeks to mitigate Lightning Network channel jamming attacks with a Chaumian ecash token.
Mango Markets Exploiter Eisenberg Arrested in Puerto Rico
https://www.coindesk.com/policy/2022/12/27/mango-markets-exploiter-eisenberg-arrested-in-puerto-rico/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Avraham Eisenberg, the crypto investor whose “highly profitable trading strategy” drained DeFi trading platform Mango Markets of crypto worth $110 million, was arrested Monday in Puerto Rico, court documents said.
Ellison and Wang Will Be ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says
https://www.coindesk.com/coindesk/2022/12/27/ellison-and-wang-are-game-changers-in-bankman-frieds-trial-lawyer-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ian McGinley, a partner at global law firm Akin Gump, discusses why the guilty pleas made by Caroline Ellison and Gary Wang may influence the disgraced CEO’s next day in court.