Bitcoin channel

08 Dec 2022 18:33

The Future Of Venture Capital Is Investing In Bitcoin-Only Companies
https://bitcoinmagazine.com/culture/bitcoin-only-will-rule-venture-capital

Among the plethora of investors in the crypto world, there is a niche that shares common visions and strategies. They are the Bitcoin-only venture capitalists.

Bitcoin channel

08 Dec 2022 14:49

Bitcoin-Backed Loans
https://bitcoinmagazine.com/guides/bitcoin-backed-loans

Loaning your bitcoin invites an element of risk that you may not need to incur. You should not make any financial, investment, trading or otherwise decision solely based on the information presented in this article. Bitcoin lending will be the future of decentralized finance (DeFi). Many DeFi ...

Bitcoin channel

08 Dec 2022 13:14

Centralized Crypto Exchange Bybit Integrates Decentralized Exchange ApeX Pro Onto Platform
https://www.coindesk.com/business/2022/12/08/centralized-crypto-exchange-bybit-integrates-decentralized-exchange-apex-pro-onto-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move had been “well under way” prior to the collapse of FTX and heightened scrutiny of centralized exchanges.

Bitcoin channel

08 Dec 2022 13:12

Crypto Options Exchange Deribit Registered Record Trading Volume in November
https://www.coindesk.com/markets/2022/12/08/crypto-options-exchange-deribit-registers-record-ether-trading-volume-in-november/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Deribit was busier than ever as FTX-induced uncertainty boosted demand for options or hedging instruments.

Bitcoin channel

08 Dec 2022 06:02

Steve Aoki and 3LAU Launch PUNX Music Project Using CryptoPunks IP
https://www.coindesk.com/web3/2022/12/08/steve-aoki-and-3lau-launch-punx-music-project-using-cryptopunks-ip/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The DJs and NFT enthusiasts are teaming up on an "audio-visual IRL-meets-metaverse supergroup."

Bitcoin channel

08 Dec 2022 03:12

House Financial Services Chief Waters Not Planning to Subpoena Sam Bankman-Fried: Report
https://www.coindesk.com/policy/2022/12/07/house-financial-services-chief-waters-not-planning-to-subpoena-sam-bankman-fried-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

However, Waters tweeted on Wednesday evening that "lies are circulating" that she's not willing to subpoena the disgraced former head of FTX.

Bitcoin channel

08 Dec 2022 02:57

Castles Made of Sand Dollars: SBF, FTX, and other Three Letter Agents
https://bitcoinmagazine.com/print/castles-made-of-sand-dollars-sbf-ftx-and-other-three-letter-agents

How stablecoins and the unstable con, Sam Bankman-Fried, built a corrupt castle of sand and how it all washed out.

Bitcoin channel

08 Dec 2022 01:45

Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
https://www.coindesk.com/business/2022/12/07/coinbase-ceo-armstrong-confirms-street-expectations-for-50-plus-decline-in-revenue-in-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year.

Bitcoin channel

07 Dec 2022 23:39

Blockchain Entrepreneur Arrested in California on Fraud Charges
https://www.coindesk.com/policy/2022/12/07/justice-dept-arrests-cto-of-blockchain-company-on-charges-he-defrauded-firm-of-more-than-1m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rikesh Thapa is accused of bilking his start-up firm of over $1 million in U.S. currency, cryptocurrency and utility tokens.

Bitcoin channel

07 Dec 2022 23:37

Be Patient: Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time
https://www.coindesk.com/consensus-magazine/2022/12/07/bankman-fried-fts-alleged-crimes-punishments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The former wonder boy could be behind bars for the rest of his life, according to U.S. federal sentencing guidelines.

Bitcoin channel

07 Dec 2022 23:35

Crypto Bank Signature Suffers Another Analyst Downgrade; Shares Fall
https://www.coindesk.com/business/2022/12/07/crypto-bank-signature-suffers-another-analyst-downgrade-shares-fall/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Raymond James is the latest Wall Street firm to cut its rating on the stock, following Morgan Stanley’s move earlier this week.

Bitcoin channel

07 Dec 2022 20:19

Kazakhstan Presses On With Restrictive Bitcoin Mining Regulation
https://bitcoinmagazine.com/legal/kazakhstan-continues-bitcoin-mining-regulation

A bill that would create new licensing and electricity purchase requirements has been sent on to a third vote.

Bitcoin channel

07 Dec 2022 18:14

ECB Official Says Energy-Intensive Crypto Should Be Banned
https://www.coindesk.com/policy/2022/12/07/ban-energy-intensive-crypto-says-ecb-official/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fabio Panetta likened the ecosystem to gambling and a Ponzi scheme.

Bitcoin channel

07 Dec 2022 18:12

Exploring Biden’s Executive Order on Crypto, 6 Months In
https://www.coindesk.com/policy/2022/12/06/exploring-bidens-executive-order-on-crypto-6-months-in/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CoinDesk published its annual Most Influential series on Monday, highlighting a number of regulators, lawmakers and similarly impactful individuals. I spoke to Carole House, one of the authors of the White House executive order on crypto, to take a look at the document, its origins and where we are now.

Bitcoin channel

07 Dec 2022 18:10

OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
https://www.coindesk.com/policy/2022/12/07/onecoin-co-conspirator-frank-schneider-faces-money-laundering-charges-in-unsealed-indictment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

OneCoin was a $4 billion ponzi scheme.

Bitcoin channel

08 Dec 2022 15:21

Ether Breaks Trendline From Previous Bear Cycle Lows
https://www.coindesk.com/markets/2022/12/08/ether-breaks-trendline-from-previous-bear-cycle-lows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The breakdown of the ascending trendline corresponding with previous bear market lows looks horrible, one portfolio manager said.

Bitcoin channel

08 Dec 2022 14:47

Why I Quit Investing In The Fiat Ponzi And Started Saving In Bitcoin
https://bitcoinmagazine.com/markets/quit-investing-save-in-bitcoin

The tired argument that Bitcoin is a Ponzi scheme is really more applicable to fiat, which makes it impossible for us to retain savings.

Bitcoin channel

08 Dec 2022 13:13

PayPal Expands Crypto Service Into Luxembourg
https://www.coindesk.com/business/2022/12/08/paypal-expands-crypto-service-into-luxembourg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PayPal has expanded its service for buying and selling crypto to Luxembourg in what may open the door for it to be offered in other European Union countries.

Bitcoin channel

08 Dec 2022 06:03

Crypto Lender Celsius' Bankruptcy Judge Orders It to Return $50M of Crypto to Custody Account Holders: Bloomberg
https://www.coindesk.com/business/2022/12/08/crypto-lender-celsius-bankruptcy-judge-orders-it-to-return-50m-of-crypto-to-custody-account-holders-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Celsius filed a motion in September to return crypto to customers who held assets in such accounts.

Bitcoin channel

08 Dec 2022 03:13

Senate Committee to Subpoena FTX's Sam Bankman-Fried If He Does Not Testify Voluntarily
https://www.coindesk.com/policy/2022/12/08/senate-committee-to-subpoena-ftxs-sam-bankman-fried-if-he-does-not-testify/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Senate Banking Committee is "prepared" to subpoena FTX founder Sam Bankman-Fried if he does not voluntarily appear at a committee hearing about the collapse of FTX, its leaders said Wednesday.

Bitcoin channel

08 Dec 2022 03:11

First Mover Asia: Here’s What Might Happen to Sino Global’s Liquid Value Fund During FTX’s Bankruptcy Protection Proceedings
https://www.coindesk.com/markets/2022/12/07/first-mover-asia-heres-what-might-happen-to-sino-globals-liquid-value-fund-during-ftxs-bankruptcy-protection-proceedings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto Twitter wanted to know the potential consequences of having Alameda and Sam Bankman-Fried as partners in a fund. So we asked a Hong Kong-based lawyer who specializes in asset tracing and recovery; bitcoin dips but not much.

Bitcoin channel

08 Dec 2022 01:46

Crypto Markets Today: Gensler Restates SEC’s Crypto Authority
https://www.coindesk.com/markets/2022/12/07/crypto-markets-today-gensler-restates-secs-crypto-authority/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The chairman said the agency has the basic disclosure and governance requirements to hold digital-asset firms accountable, although he did not address the fallout from crypto exchange FTX’s collapse. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin channel

08 Dec 2022 01:44

Privacy-Focused Gnosis Chain to Undergo Its Own Proof-of-Stake ‘Merge’
https://www.coindesk.com/tech/2022/12/07/privacy-focused-gnosis-chain-to-undergo-its-own-proof-of-stake-merge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This "Merge" will mark the second time in blockchain history that a chain swaps out its old model for proof-of-stake

Bitcoin channel

07 Dec 2022 23:38

Spain’s Central Bank Opens Call for Proposals for Wholesale CBDC Project
https://www.coindesk.com/policy/2022/12/07/spains-central-bank-opens-call-for-proposals-for-a-wholesale-cbdc-project/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The proposal period will be open until January 31, 2023 for financial institutions and technology solution providers.

Bitcoin channel

07 Dec 2022 23:36

Number of Brazilian Companies Transacting With Digital Assets Increased Again in October
https://www.coindesk.com/es/business/2022/12/07/brazilian-companies-transacting-with-digital-assets-grew-again-in-october/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

More than 41,000 Brazilian firms conducted some form of operation with crypto assets, according to the local tax authority, Receita Federal.

Bitcoin channel

07 Dec 2022 23:34

Genesis Client Letter Suggests No Imminent Solution to Withdrawal Freeze
https://www.coindesk.com/business/2022/12/07/genesis-client-letter-suggests-no-imminent-solution-to-withdrawal-freeze/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The institutional crypto brokerage has been in talks with creditors and potential investors since the collapse of exchange FTX.

Bitcoin channel

07 Dec 2022 20:19

These Six Charts Show How Bitcoin Mining Is Enduring The Bear Market
https://bitcoinmagazine.com/business/six-charts-on-the-bitcoin-mining-market

Bear market history never repeats, but it often rhymes and these six datasets show how the bitcoin mining industry is faring today.

Bitcoin channel

07 Dec 2022 18:13

UK Regulator Is Firming Up Its Approach to Crypto Oversight
https://www.coindesk.com/policy/2022/12/07/the-uk-payment-systems-regulator-is-firming-up-its-approach-to-regulating-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Payment Systems Regulator will be looking at what happens if a crypto payment system goes wrong and the measures needed to protect consumers against fraud, Nick Davey, a Payment Specialist, told CoinDesk in an interview.

Bitcoin channel

07 Dec 2022 18:11

Crypto Markets Today: Fir Tree Suit Against Grayscale Adds to Industry’s Growing Woes
https://www.coindesk.com/markets/2022/12/06/crypto-markets-today-fir-tree-suit-against-grayscale-adds-to-industrys-growing-woes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The hedge fund wants more details about the Grayscale Bitcoin Trust, which has fallen by nearly 75% this year. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin channel

07 Dec 2022 18:08

US House Investigators Say Rep. Cawthorn Improperly Promoted Crypto Token
https://www.coindesk.com/policy/2022/12/06/us-house-investigators-say-rep-cawthorn-improperly-promoted-crypto-token/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rep. Madison Cawthorn (R-N.C.) is already exiting the U.S. Capitol after losing his seat in this year’s elections, but an ethics investigation unveiled Tuesday will secure something of a legacy for the young congressman: How not to promote cryptocurrency while in Congress.