Bitcoin channel

04 Feb 2023 07:11

The White House Is Concerned About Crypto
https://www.coindesk.com/policy/2023/02/04/the-white-house-is-concerned-about-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The White House published a statement warning about the risks of cryptocurrencies, pointing to last year’s various collapses. I spoke to an administration official about the statement and what it means.

Bitcoin channel

03 Feb 2023 23:34

Russia's Sberbank Will Introduce DeFi Platform by May: Report
https://www.coindesk.com/business/2023/02/03/russias-sberbank-will-introduce-defi-platform-by-may-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bank's blockchain product director believes DeFi will one day replace traditional banking services.

Bitcoin channel

03 Feb 2023 23:33

Charlie Munger Hasn't Taken the Time to Study Bitcoin: MicroStrategy's Michael Saylor
https://www.coindesk.com/business/2023/02/03/charlie-munger-hasnt-taken-the-time-to-study-bitcoin-microstrategys-michael-saylor/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The MicroStrategy executive chairman was "sympathetic" to some of Munger's crypto criticisms.

Bitcoin channel

03 Feb 2023 23:32

Fed Policy Win Could Harm Bitcoin’s Wall Street Narrative
https://www.coindesk.com/layer2/2023/02/03/fed-policy-win-could-harm-bitcoins-wall-street-narrative/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The January rebound in equities and knockout employment report may have undermined a few buy-bitcoin narratives, but the real value proposition behind bitcoin lies far beyond Wall Street in emerging markets, where bitcoin is in strong demand.

Bitcoin channel

03 Feb 2023 21:33

Australian Government Releases First Steps To Regulate Crypto And Bitcoin
https://bitcoinmagazine.com/legal/australian-government-first-steps-to-regulate-crypto

The first steps of a multi-stage plan to regulate the cryptocurrency industry within Australia have been released.

Bitcoin channel

03 Feb 2023 21:13

Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan
https://www.coindesk.com/business/2023/02/03/zodia-custody-teams-up-with-sbi-digital-asset-holdings-to-form-crypto-custodian-in-japan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption.

Bitcoin channel

03 Feb 2023 21:11

US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month
https://www.coindesk.com/policy/2023/02/03/us-senate-banking-committee-to-hold-crypto-crash-hearing-this-month/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets.

Bitcoin channel

03 Feb 2023 15:08

An Orange Pill For Bitcoiners
https://bitcoinmagazine.com/culture/an-orange-pill-for-bitcoiners

With Bitcoin still so early on its adoption curve, it seems that convicted Bitcoiners need an orange pill of their own.

Bitcoin channel

03 Feb 2023 14:48

UK Bank Nationwide Has Restricted Card Payments to Binance
https://www.coindesk.com/business/2023/02/03/uk-bank-nationwide-restricts-card-payments-to-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nationwide said it has taken this decision due to "media coverage" and "regulatory uncertainty."

Bitcoin channel

03 Feb 2023 14:46

Binance Re-Enters South Korea by Buying Majority Stake in Crypto Exchange GOPAX
https://www.coindesk.com/business/2023/02/03/binance-re-enters-south-korea-by-buying-majority-stake-in-crypto-exchange-gopax-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The acquisition sees Binance re-enter the South Korean market, having closed its affiliate there in December 2020 due to low usage.

Bitcoin channel

03 Feb 2023 13:19

Jack Dorsey-Based Social Network Nostr Gets Damus App Banned From China App Store
https://www.coindesk.com/business/2023/02/03/jack-dorsey-based-social-network-nostr-gets-damus-app-banned-from-china-app-store/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A notification from Apple says that Damus “includes content that is illegal in China.”

Bitcoin channel

03 Feb 2023 13:18

Logan Paul Named in Proposed Class Action Suit for CryptoZoo ‘Rug Pull’ After CoffeeZilla Expose
https://www.coindesk.com/business/2023/02/03/logan-paul-named-in-proposed-class-action-suit-for-cryptozoo-rug-pull-after-coffeezilla-expose/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A suit filed in U.S. Courts in Texas alleges fraud, breach of contract, unjust enrichment, violation of deceptive trade practice law, and negligence over a token sale for a Web3 game that never materialized.

Bitcoin channel

03 Feb 2023 02:38

Marathon Digital Sells Mined Bitcoin for First Time to Monetize Recent Rally
https://www.coindesk.com/business/2023/02/03/marathon-digital-sells-mined-bitcoin-for-first-time-to-monetize-recent-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bitcoin miner sold 1,500 bitcoins in January.

Bitcoin channel

03 Feb 2023 01:22

Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
https://www.coindesk.com/markets/2023/02/02/crypto-markets-post-fed-rally-continues-as-defi-smart-contract-platform-sectors-star/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and over 3%; ether rose 3% at one point Thursday following unexpectedly moderate comments from Fed Chair Jerome Powell.

Bitcoin channel

03 Feb 2023 00:42

MicroStrategy Books Impairment Charge of $197.6M on Q4 Bitcoin Holdings
https://www.coindesk.com/business/2023/02/02/microstrategy-books-impairment-charge-of-1976m-on-bitcoin-holdings-in-q4/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The business software company reported its fourth quarter results on Thursday afternoon.

Bitcoin channel

03 Feb 2023 23:35

US CFTC Chief Promises More ‘Precedent-Setting’ Crypto Enforcement Cases
https://www.coindesk.com/policy/2023/02/03/us-cftc-chief-promises-more-precedent-setting-crypto-enforcement-cases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Commission Chairman Behnam says his agency is gearing up for another year of significant actions in the crypto industry as he tries to ramp up his enforcement staff.

Bitcoin channel

03 Feb 2023 23:33

Why Crypto Is Not an 'Industry'
https://www.coindesk.com/consensus-magazine/2023/02/03/why-crypto-is-not-an-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

What term should we use to describe the collective of individuals and projects working to further the use cases of blockchain technology? Are we an industry, a sector or something else? Noelle Acheson explains why this matters more than we might realize.

Bitcoin channel

03 Feb 2023 23:32

MakerDAO Constitution Would Fund Sustainability Efforts With 20K MKR Tokens From Reserves, Emissions
https://www.coindesk.com/business/2023/02/03/makerdao-constitution-would-fund-sustainability-efforts-with-20k-mkr-tokens-from-reserves-emissions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

With “scientific sustainability” as a core principle, the Maker Constitution is to play an active role in combating climate change by allocating $14 million worth of MKR tokens to its Scientific Sustainability Fund.

Bitcoin channel

03 Feb 2023 23:01

Charlie Munger Doesn’t Understand Bitcoin: Michael Saylor
https://bitcoinmagazine.com/culture/michael-saylor-blasts-charlie-munger-in-interview

Warren Buffett’s right-hand man hasn’t taken the time to understand Bitcoin, MicroStrategy’s Michael Saylor said in an interview with CNBC.

Bitcoin channel

03 Feb 2023 21:32

Bitcoin Miner Marathon Digital Sells BTC For First Time In Two Years
https://bitcoinmagazine.com/business/bitcoin-miner-marathon-digital-sells-btc

Despite the sale, Nasdaq-listed miner Marathon continues to hold one of the largest public bitcoin treasuries in the world.

Bitcoin channel

03 Feb 2023 21:12

Web3 Community NounsDAO Is Creating an NFT Comic Book Series
https://www.coindesk.com/web3/2023/02/03/web3-community-nounsdao-is-creating-an-nft-comic-book-series/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Teaming up with comic publisher Titan Comics and NFT community ComicsDAO, the comic book series will build a narrative around Nouns NFTs, further expanding its intellectual property.

Bitcoin channel

03 Feb 2023 21:09

Craig Wright's UK Case Against 16 Bitcoin Developers to Go to Full Trial
https://www.coindesk.com/business/2023/02/03/craig-wrights-uk-case-against-16-bitcoin-developers-to-go-to-full-trial-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A full trial is expected in early 2024 following a successful appeal.

Bitcoin channel

03 Feb 2023 14:49

Binance-WazirX Dispute Rages as the Indian Crypto Exchange Is Told to Move Funds out of Binance
https://www.coindesk.com/business/2023/02/03/binance-tells-indian-crypto-exchange-wazirx-to-withdraw-customer-assets-held-in-its-wallets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The solution ostensibly ends worries about what would happen to customer funds if Binance and WazirX end their collaboration.

Bitcoin channel

03 Feb 2023 14:47

Core Scientific to Hand Crypto Mining Rigs to NYDIG to Extinguish $38.6M in Debt
https://www.coindesk.com/business/2023/02/03/core-scientific-to-hand-crypto-mining-rigs-to-nydig-to-extinguish-386m-in-debt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NYDIG had previously said it would object to a $70 million lifeline loan for Core if its own deal wasn't finalized.

Bitcoin channel

03 Feb 2023 13:20

India Reveals IMF Is Working With G-20 for Crypto Regulations
https://www.coindesk.com/policy/2023/02/03/india-reveals-imf-is-working-with-g-20-for-crypto-regulations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

India has officially revealed details of the ongoing work in the G-20 around how to regulate crypto.

Bitcoin channel

03 Feb 2023 13:18

Australia Releases Token Mapping Consultation Paper, Plans to Reveal Crypto Rule Framework in 2023
https://www.coindesk.com/policy/2023/02/03/australia-releases-token-mapping-consultation-paper-plans-to-reveal-crypto-rule-framework-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Australian government released a token mapping consultation paper on Friday.

Bitcoin channel

03 Feb 2023 04:12

First Mover Asia: Bitcoin Dips Into Red but Holds Strong Above $23.5K
https://www.coindesk.com/markets/2023/02/03/first-mover-asia-bitcoin-dips-into-red-but-holds-strong-above-235k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin dips into red but holds over $23.5K. ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U,S. central bank's interest rate hike.

Bitcoin channel

03 Feb 2023 02:36

OpenSea Releases Suite of New Tools for Creator NFT Drops
https://www.coindesk.com/web3/2023/02/02/opensea-releases-suite-of-new-tools-for-creator-nft-drops/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The new experience allows select creators to include multi-stage minting phases, allowlist support and personalized landing pages for their NFT releases.

Bitcoin channel

03 Feb 2023 00:43

Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
https://www.coindesk.com/policy/2023/02/02/silvergate-stock-tanks-on-report-of-doj-probe-tied-to-ftx-alameda-dealings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shares of the crypto bank were falling almost 30% following the publication of a Bloomberg article Thursday.

Bitcoin channel

03 Feb 2023 00:41

Crypto Software Firm President: We're Trying to Make California’s DMV More Efficient With Blockchain
https://www.coindesk.com/tech/2023/02/02/crypto-software-firm-president-were-trying-to-make-californias-dmv-more-efficient-with-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Car titles that once lived on paper will be reflected as digital assets on-chain, reducing the need for paper title transfers. Andrew Smith, president of blockchain software company Oxhead Alpha, discusses why his firm is turning to the Tezos blockchain to build out the protocol.