Bitcoin channel

22 Dec 2022 11:37

FTX's Blockfolio Stake Was Paid for Mostly in FTT: Bloomberg
https://www.coindesk.com/business/2022/12/22/ftxs-blockfolio-stake-was-paid-for-mostly-in-ftt-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday.

Bitcoin channel

22 Dec 2022 09:26

Bitcoin Is Leading Indicator for S&P 500, Past Data Show
https://www.coindesk.com/markets/2022/12/22/bitcoin-is-leading-indicator-for-sp-500-past-data-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The cryptocurrency tends to bottom out weeks ahead of the S&P 500, research by Delphi Digital shows.

Bitcoin channel

22 Dec 2022 05:56

SEC Calls FTT Exchange Token a Security
https://www.coindesk.com/business/2022/12/22/sec-calls-ftt-exchange-token-a-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Complaint against Alameda's Caroline Ellison and FTX's Gary Wang contains allegations that FTX's exchange token, FTT, constitutes an investment contract.

Bitcoin channel

22 Dec 2022 05:54

First Mover Asia: Most Cryptos Stay Flat Like a Windless Lake, but a Popsicle Makes Waves.
https://www.coindesk.com/markets/2022/12/22/first-mover-asia-most-cryptos-stay-flat-like-a-windless-lake-but-a-popsicle-makes-waves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Plus: Sam Reynolds questions the logic of calls to ban crypto, arguing that it has little chance of causing problems in traditional finance.

Bitcoin channel

22 Dec 2022 02:28

Lightning Paywalls Versus Value4Value Asks
https://bitcoinmagazine.com/culture/lightning-paywalls-versus-value4value

Where a Lightning-powered microtransaction paywall beats a Value4Value bitcoin ask: A nuanced breakdown.

Bitcoin channel

22 Dec 2022 01:39

See You on the Otherside: How Yuga Labs Is Bringing Its Billion-Dollar Business Into the Metaverse
https://www.coindesk.com/web3/2022/12/21/see-you-on-the-otherside-how-yuga-labs-is-bringing-its-billion-dollar-business-into-the-metaverse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Greg Solano and Wylie Aronow certainly didn't set out to create one of the most successful NFT projects to date and build a $4 billion empire in just under two years. Now, with a dedicated community of collectors supporting them, they're setting their sights on the metaverse.

Bitcoin channel

21 Dec 2022 22:07

Self-Custody Is the Antidote to FTX’s Fraud
https://www.coindesk.com/consensus-magazine/2022/12/21/self-custody-is-the-antidote-to-ftxs-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

And Senator Warren’s proposed bill would make transacting with self-hosted wallets much more difficult, says Representative Warren Davidson.

Bitcoin channel

21 Dec 2022 20:42

Bernie Madoff’s Lawyer: Sam Bankman-Fried Should ‘Shut Up’
https://www.coindesk.com/policy/2022/12/21/bernie-madoffs-lawyer-sam-bankman-fried-should-shut-up/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ira Lee Sorkin, partner at law firm Mintz & Gold, discusses why he would’ve told the disgraced CEO to “keep his mouth shut” and not speak to various media outlets after the FTX exchange filed for bankruptcy protection.

Bitcoin channel

21 Dec 2022 20:40

Sam Bankman-Fried to be Extradited to the US
https://www.coindesk.com/business/2022/12/21/sam-bankman-fried-to-be-extradited-to-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A judge on Wednesday approved the former FTX CEO's agreement not to contest extradition.

Bitcoin channel

13 Dec 2022 15:31

Is The Bitcoin Price Volatile? It’s All Relative
https://bitcoinmagazine.com/culture/bitcoin-price-volatility-is-all-relative

The bitcoin price is often criticized as being too volatile, but as Einstein theorized, it’s all in how you look at it.

Bitcoin channel

13 Dec 2022 14:48

Bitcoin Hits One-Month High Ahead of US Inflation Data
https://www.coindesk.com/markets/2022/12/13/bitcoin-hits-one-month-high-ahead-of-us-inflation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's dominance rate rose above 41% alongside the price rally, signaling de-risking in the crypto market.

Bitcoin channel

13 Dec 2022 14:47

Canadian Securities Regulators to Strengthen Crypto Oversight After FTX Collapse
https://www.coindesk.com/policy/2022/12/13/canadian-securities-regulators-to-strengthen-crypto-oversight-after-ftx-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The country's securities regulatory body will consider enforcement action if crypto companies do not comply.

Bitcoin channel

13 Dec 2022 14:46

FTX's Bahamas Liquidators Seek to Exclude Over $200M Worth of Luxury Properties From Liquidation
https://www.coindesk.com/policy/2022/12/13/ftxs-bahamas-liquidators-seek-to-exclude-over-200m-worth-of-luxury-properties-from-liquidation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The unwinding of Sam Bankman-Fried’s sprawling empire is proving as unwieldy as the company itself.

Bitcoin channel

13 Dec 2022 09:34

Top US Lawmaker Says FTX Hearing Will Continue Without Sam Bankman-Fried
https://www.coindesk.com/policy/2022/12/13/top-us-lawmaker-says-ftx-hearing-will-continue-without-sam-bankman-fried/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

House Financial Services Committee Chairwoman Maxine Waters said she was 'surprised' and 'disappointed' to hear of SBF's arrest.

Bitcoin channel

13 Dec 2022 04:32

Adoption of DeFi, ZK Tech, NFTs and More Will Continue to Increase in 2023
https://www.coindesk.com/consensus-magazine/2022/12/12/pantera-paul-veradittakit-crypto-2023-predictions/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crises of the past year obscured genuine growth in promising crypto industries, writes Pantera Capital General Partner Paul Veradittakit. Expanding on these themes will drive growth in the coming year.

Bitcoin channel

22 Dec 2022 11:25

CoinCorner Partners With Pouch To Bring Instant Remittance Payments To The Philippines Utilizing Bitcoin's Lightning Network
https://bitcoinmagazine.com/business/coincorner-pouch-bring-send-globally-to-philippines

The Philippines’ remittance market now has a faster, cheaper option through the use of the Lightning Network.

Bitcoin channel

22 Dec 2022 09:25

Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
https://www.coindesk.com/business/2022/12/22/caroline-ellison-plea-agreement-250000-bail-surrender-of-travel-documents-forfeiture-of-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Plea agreement would waive Ellison of any charges, except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.

Bitcoin channel

22 Dec 2022 05:55

Alameda's Caroline Ellison, FTX's Gary Wang Plead Guilty to DOJ 'Fraud' Charges, Also Settle With SEC, CFTC
https://www.coindesk.com/policy/2022/12/22/alameda-chief-caroline-ellison-ftxs-gary-wang-plead-guilty-to-fraud-charges/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. Attorney Damian Williams announced Wednesday that Caroline Ellison and Gary Wang pleaded guilty to charges tied to FTX's collapse.

Bitcoin channel

22 Dec 2022 02:29

Integrating Statechains With Lightning Channels Can Allow For Off-Chain Balancing And Improved Flexibility
https://bitcoinmagazine.com/technical/statechain-lightning-combined-in-bitcoin

A Commerceblock BLIP facilitates Lightning channels built on Bitcoin statechains, improving flexibility for the Layer 2 protocol.

Bitcoin channel

22 Dec 2022 01:40

Crypto Markets Today: Popsicle Heats Up as Bitcoin Stays Cold
https://www.coindesk.com/markets/2022/12/21/crypto-markets-today-popsicle-heats-up-as-bitcoin-stays-cold/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Top crypto assets hold steady as stocks get pre-holiday bounce. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.

Bitcoin channel

22 Dec 2022 01:38

Uniswap DAO Community Members Vote in Favor of New Governance Process
https://www.coindesk.com/web3/2022/12/21/uniswap-dao-community-members-vote-in-favor-of-new-governance-process/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

After a week-long vote that ended Wednesday, TKTK percent were in favor of making changes to the voting process in an effort to reduce friction associated with community governance.

Bitcoin channel

21 Dec 2022 22:06

Another Crypto.com Ad Banned by UK Advertising Regulator
https://www.coindesk.com/policy/2022/12/21/another-cryptocom-ad-banned-by-uk-advertising-regulator/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company also came under fire from the Advertising Standards Authority in January.

Bitcoin channel

21 Dec 2022 20:41

Built on Bitcoin in 2022: Top Bitcoin Newsletter Publishes Its Year-End Review
https://www.coindesk.com/tech/2022/12/21/built-on-bitcoin-in-2022-top-bitcoin-newsletter-publishes-its-year-end-review/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A deliberately measured progression in development with at least 3 major themes is the conclusion of the Bitcoin Operations Technology Group.

Bitcoin channel

13 Dec 2022 15:32

Scaling Bitcoin With Lightning As A Service Makes It Money That Really Matters
https://bitcoinmagazine.com/business/lightning-makes-bitcoin-really-matter

Developing Lighting as a Service (LaaS) removes friction from bitcoin and gives users the experiences they crave.

Bitcoin channel

13 Dec 2022 15:30

Breez Raises $4.5 Million In Fundraising Round
https://bitcoinmagazine.com/business/breez-raises-4-5-million-in-fundraising-round

The funding will help accelerate Breez’s mission of using Lightning to empower developers and users to realize new use cases for Bitcoin.

Bitcoin channel

13 Dec 2022 14:48

Goldman Sachs Sees Gold Outperforming Bitcoin in the Longer Term
https://www.coindesk.com/markets/2022/12/13/goldman-sachs-sees-gold-outperforming-bitcoin-in-the-longer-term/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin adoption will need to be driven by the development of real uses rather than speculative interest, the report said.

Bitcoin channel

13 Dec 2022 14:47

Cumberland Favors Bitcoin Option Trades to Profit From US CPI
https://www.coindesk.com/markets/2022/12/13/cumberland-favors-bitcoin-option-trades-to-profit-from-us-cpi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sell bitcoin June expiry calls and hedge the same with short-dated December expiry options, Cumberland said.

Bitcoin channel

13 Dec 2022 11:39

Justin Sun Looks to Calm Crypto Market Fear as BNB Falls 8%, Withdrawals Continue on Binance
https://www.coindesk.com/markets/2022/12/13/justin-sun-looks-to-calm-crypto-market-fear-as-bnb-falls-8-withdrawals-continue-on-binance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance hits $1.8 billion in withdrawals, while BNB drops 8% and value departs BSC-based DeFi protocols.

Bitcoin channel

13 Dec 2022 07:39

FTX Founder Sam Bankman-Fried Arrested, Bahamas Says
https://www.coindesk.com/policy/2022/12/12/ftx-founder-sam-bankman-fried-arrested-bahamas-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Royal Bahamas Police Force arrested FTX founder Sam Bankman-Fried, a press statement said.

Bitcoin channel

13 Dec 2022 04:02

When Explaining Bitcoin, Persuasion Works Better Than Force
https://bitcoinmagazine.com/culture/persuasion-works-when-explaining-bitcoin

When trying to orange-pill others, it pays to be patient and persuasive versus forceful.