Bitcoin channel

06 Dec 2022 19:37

Ledger Announces New Ledger Stax Wallet
https://bitcoinmagazine.com/business/ledger-announces-ledger-stax-wallet

The company unveiled a new stylish hardware wallet designed by a former Apple engineer at a Paris event today.

Bitcoin channel

06 Dec 2022 19:00

Ledger Taps iPod Creator Tony Fadell for New Crypto Hardware Wallet
https://www.coindesk.com/business/2022/12/06/ledger-taps-ipod-creator-tony-fadell-for-new-crypto-hardware-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Ledger Stax is a stylish device that features an e-ink display that can show transaction details and even NFTs on its exterior.

Bitcoin channel

06 Dec 2022 15:57

ConsenSys to Update MetaMask Crypto Wallet in Response to Privacy Backlash
https://www.coindesk.com/business/2022/12/06/consensys-to-update-metamask-crypto-wallet-in-response-to-privacy-backlash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ConsenSys clarified its data sharing practices and said it will rebuild MetaMaks’ settings page to address user concerns.

Bitcoin channel

06 Dec 2022 14:50

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa
https://bitcoinmagazine.com/business/strike-launches-instant-african-remittances

People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.

Bitcoin channel

06 Dec 2022 13:57

A16z Elevates Former US CFTC Commissioner Quintenz to Policy Chief
https://www.coindesk.com/policy/2022/12/06/a16z-elevates-former-us-cftc-commissioner-quintenz-to-policy-chief/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Brian Quintenz, a former commissioner with the U.S. Commodity Futures Trading Commission who left the agency last year, is amplifying his role at crypto venture capital firm Andreessen Horowitz (a16z) from advising to taking over as its head of policy, the company said on Tuesday.

Bitcoin channel

06 Dec 2022 09:41

East African Bitcoin Miner Gridless Raises $2M Seed Round
https://www.coindesk.com/business/2022/12/06/east-african-bitcoin-miner-gridless-raises-2m-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

06 Dec 2022 09:39

African Bitcoin Mining Firm Gridless Raises $2 Million In Funding Round Led By Stillmark, Block Inc.
https://bitcoinmagazine.com/business/bitcoin-miner-gridless-raises-2-million

The mining company focuses on rural communities in East Africa and intends on increasing electricity and energy access for the region.

Bitcoin channel

06 Dec 2022 05:33

Bitcoin Mining Difficulty Drops Most Since July 2021 as Crypto Winter Cuts Profitability
https://www.coindesk.com/tech/2022/12/06/bitcoin-mining-difficulty-drops-most-since-july-2021-as-crypto-winter-cuts-profitability/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin miners are being caught between rising costs and the lower price of bitcoin.

Bitcoin channel

06 Dec 2022 04:03

Ether Turns Inflationary as Network Usage Slows
https://www.coindesk.com/markets/2022/12/06/ether-turns-inflationary-as-network-usage-slows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ether's annualized inflation rate previously dropped below zero following the collapse of FTX-induced market volatility, which spurred a rise in Ethereum network usage. The positive inflation rate indicated ETH being minted outpaced being burned.

Bitcoin channel

06 Dec 2022 04:01

DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
https://www.coindesk.com/markets/2022/12/05/defi-risk-sharing-protocol-nexus-expects-loss-on-maple-credit-pool-investment-as-ftx-contagion-widens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default.

Bitcoin channel

06 Dec 2022 02:06

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines
https://www.coindesk.com/markets/2022/12/05/crypto-markets-today-ftx-fallout-hits-maple-finance-bitcoin-declines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin channel

05 Dec 2022 23:39

Kentucky Investigating 2 Proposed Contracts That Would Give Discounted Electricity to Crypto Miners
https://www.coindesk.com/policy/2022/12/05/kentucky-investigating-2-proposed-contracts-that-would-give-discounted-electricity-to-crypto-miners/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kentucky’s Public Service Commission is concerned the rates could result in higher electric bills for state residents.

Bitcoin channel

05 Dec 2022 23:37

The Artist and Technology Behind 36 AI Portraits
https://www.coindesk.com/consensus-magazine/2022/12/05/adam-levine-will-ess-most-influential-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

How to generate three dozen portraits for the Most Influential 2022 in about a week? Meet Will Ess and Pixelmind.ai, the app that saved this CoinDesk feature from visual ennui.

Bitcoin channel

05 Dec 2022 23:35

Bankman-Fried Is a ‘Master of Deflection,’ Securities Lawyer Says
https://www.coindesk.com/business/2022/12/05/bankman-fried-is-a-master-of-deflection-securities-lawyer-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

James Murphy, founder of law firm Murphy & McGonigle, discusses the former FTX CEO’s attempt at side-stepping probing questions and whether lawmakers in the U.S. have enough evidence to move forward with a criminal trial.

Bitcoin channel

05 Dec 2022 21:08

Nexo to Depart US After Regulator Discussions Hit 'Dead End'
https://www.coindesk.com/policy/2022/12/05/nexo-to-depart-us-after-regulator-discussions-hit-dead-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto lender Nexo announced Monday it would stop offering services to U.S. customers over the next several months, and would immediately suspend Earn access in eight states.

Bitcoin channel

06 Dec 2022 19:01

First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K
https://www.coindesk.com/markets/2022/12/06/first-mover-asia-bitcoin-falls-on-inflation-fears-but-continues-its-ride-above-17k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?

Bitcoin channel

06 Dec 2022 15:58

First Mover Americas: Goldman to Spend Big on Crypto Post-FTX
https://www.coindesk.com/markets/2022/12/06/first-mover-americas-goldman-to-spend-big-on-crypto-post-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 6, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

06 Dec 2022 15:56

UK Financial Regulator Seeks Comments on Ad Approval Process That Covers Crypto
https://www.coindesk.com/policy/2022/12/06/uk-financial-regulator-seeks-comments-on-ad-approval-process-that-covers-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Only companies with Financial Conduct Authority permission will be allowed to approve promotional material, and crypto firms will be hit once the Financial Services and Markets Bill becomes law.

Bitcoin channel

06 Dec 2022 14:49

Deglobalization And The End Of Trust-Based Money Set The Stage For National Bitcoin Adoption
https://bitcoinmagazine.com/markets/as-global-trust-ends-nations-adopt-bitcoin

Breakdowns in global trade and credit call for money that doesn’t depend on trust. Bitcoin is the modern answer for international economics.

Bitcoin channel

06 Dec 2022 12:54

Bitcoin's Stagnant Crypto Dominance Points to Investor Exodus After FTX Bankruptcy
https://www.coindesk.com/markets/2022/12/06/bitcoins-stagnant-crypto-dominance-points-to-investor-exodus-in-the-wake-of-ftxs-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

"Because of the size of this year's scandals and their far-reaching impacts, a lot of investors aren't moving to BTC because they're just leaving the space entirely," one expert said.

Bitcoin channel

06 Dec 2022 09:40

Goldman Sachs to Spend 'Tens of Millions' on Discounted Crypto Investments After FTX Implosion: Report
https://www.coindesk.com/business/2022/12/06/goldman-sachs-to-spend-tens-of-millions-on-discounted-crypto-investments-after-ftx-implosion-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The investment bank sees a bigger need for trustworthy and established players in the crypto space.

Bitcoin channel

06 Dec 2022 05:34

The Contagion Fever Breaks: NFTs Dominate Art Basel
https://www.coindesk.com/web3/2022/12/05/the-contagion-fever-breaks-nfts-dominate-art-basel/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The price of Ethereum is down nearly 65% since last year’s Miami Art Week. But this year’s global cultural phenomena saw an uptick in events, attendees and conversations around Web3 technologies and their roadmap to mass adoption.

Bitcoin channel

06 Dec 2022 04:09

The Path To A Bitcoin Economy: Decentralized Bitcoin-Backed Credit
https://bitcoinmagazine.com/culture/decentralized-bitcoin-backed-credit

Bitcoin-backed credit built with DeFi represents a stronger and more practical vision of "bitcoin free banking" originally described in 2010 by Hal Finney.

Bitcoin channel

06 Dec 2022 04:02

Chainlink ‘Smart Money’ Might Be Pulling LINK Tokens Off Exchanges to Stake Them
https://www.coindesk.com/es/markets/2022/12/05/chainlink-smart-money-might-be-pulling-link-tokens-off-exchanges-to-stake-them/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The blockchain analysis firm Nansen says that some crypto traders appear to be withdrawing the LINK tokens en masse ahead of Tuesday’s opening for early access to Chainlink’s new staking program.

Bitcoin channel

06 Dec 2022 04:00

Built With Bitcoin Foundation Opens New Technology Center in Ghana
https://www.coindesk.com/business/2022/12/05/built-with-bitcoin-foundation-opens-new-technology-center-in-ghana/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities.

Bitcoin channel

06 Dec 2022 02:05

Silvergate CEO Attempts to Address Concerns in Public Letter
https://www.coindesk.com/business/2022/12/05/silvergate-ceo-attempts-to-address-concerns-in-public-letter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shares of the crypto-focused bank have been reeling in part due to links with failed crypto exchange FTX and sister company Alameda Research.

Bitcoin channel

05 Dec 2022 23:38

Bitcoin Miner Riot Switches Mining Pool After Falling Short in November
https://www.coindesk.com/business/2022/12/05/bitcoin-miner-riot-switches-mining-pool-after-falling-short-in-november/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The miner used Braiins mining pool, which uses a payout method that caused the variance between Riot’s mining capacity and amount produced, according to a source

Bitcoin channel

05 Dec 2022 23:36

Most Influential Artist: Ravi Vora
https://www.coindesk.com/consensus-magazine/2022/12/05/ravi-vora-most-influential-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

05 Dec 2022 21:33

Riot Blockchain Announces Record High Hash Rate Capacity
https://bitcoinmagazine.com/business/riot-blockchain-record-high-hash-rate

Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.

Bitcoin channel

05 Dec 2022 21:08

Crypto.com’s CRO Surges as It Launches World Cup NFTs With Coca-Cola
https://www.coindesk.com/markets/2022/12/05/cryptocoms-cro-surges-as-it-launches-world-cup-nfts-with-coca-cola/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

10,000 NFTs will be hosted on Crypto.com’s blockchain based on ‘heatmaps’ from World Cup matches.