Bitcoin channel

23 Dec 2022 14:02

Recounting Ethiopia’s Bitcoin Developments In 2022
https://bitcoinmagazine.com/culture/in-2022-ethiopia-began-embracing-bitcoin

Reviewing select developments emerging from Ethiopia this past year makes it clear that the stage is set for Bitcoin.

Bitcoin channel

23 Dec 2022 12:17

QuadrigaCX Has Had an Improbable Week
https://www.coindesk.com/policy/2022/12/23/quadrigacx-has-had-an-improbable-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.

Bitcoin channel

23 Dec 2022 12:14

SEC Increases Scrutiny of Audits of Cryptocurrency Companies: WSJ
https://www.coindesk.com/policy/2022/12/23/sec-increases-scrutiny-of-audits-of-cryptocurrency-companies-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The US Securities and Exchange Commission (SEC) is increasing its scrutiny of audits of cryptocurrency companies and warning both investors and audit firms, WSJ reported.

Bitcoin channel

23 Dec 2022 07:57

First Mover Asia: Bitcoin, Ether Hold On as U.S. Stocks Fall
https://www.coindesk.com/markets/2022/12/23/first-mover-asia-bitcoin-ether-hold-on-as-us-stocks-fall/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Plus: Glenn Ardi of Coindesk Indonesia writes about Indonesia's vision of government permitting and controlling Web3 and DeFi by providing a government-sanctioned payment layer.

Bitcoin channel

23 Dec 2022 01:44

FTX Asks Judge for Help in Fight Over Robinhood Shares Worth About $450M
https://www.coindesk.com/business/2022/12/22/ftx-ask-judge-for-help-in-fight-over-robinhood-shares-worth-about-450m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

22 Dec 2022 23:33

5 Digital Economy Predictions for 2023
https://www.coindesk.com/consensus-magazine/2022/12/22/5-digital-economy-predictions-for-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2023 is the year crypto will have to grow up and clean up its act. Here are predictions regarding the future of NFTs, the metaverse, CBDCs and institutional investments.

Bitcoin channel

22 Dec 2022 23:31

Sam Bankman-Fried Released on $250M Bail Secured by Parents
https://www.coindesk.com/policy/2022/12/22/ex-ftx-chief-sam-bankman-fried-makes-appearance-in-us-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Former FTX CEO Sam Bankman-Fried appeared in U.S. federal court Thursday on charges that he was the mastermind behind the fraud and illicit movement of customer funds inside his former crypto empire, and a judge agreed that he can be released on $250 million bail.

Bitcoin channel

22 Dec 2022 21:04

Inaccurate U.S. Senate Testimony Misleads Lawmakers, Public About Bitcoin
https://bitcoinmagazine.com/culture/senate-bitcoin-testimony-misleads-public

In testimony before the U.S. Senate Banking Committee, actor Ben McKenize and professor Hillary Allen offered inaccuracies about Bitcoin.

Bitcoin channel

22 Dec 2022 20:51

Brand Building On-Chain: Why Marketers Are Shifting Investment Into Web3
https://www.coindesk.com/consensus-magazine/2022/12/22/brand-building-on-chain-why-marketers-are-shifting-investment-into-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

2022 was a year of upheaval in crypto. It also marked a turning point for advertisers.

Bitcoin channel

22 Dec 2022 20:50

Guggenheim's Scott Minerd, Fickle Bitcoin Forecaster, Dies After Heart Attack
https://www.coindesk.com/markets/2022/12/22/guggenheims-scott-minerd-fickle-bitcoin-forecaster-dies-after-heart-attack/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Among Wall Street financiers, Minerd was known for his extreme predictions of the largest cryptocurrency's price, often with mixed success.

Bitcoin channel

22 Dec 2022 20:48

Europe’s Last Bitcoin Mining Refuge Is No Longer Viable
https://www.coindesk.com/business/2022/12/22/europes-last-bitcoin-mining-refuge-is-no-longer-viable/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.

Bitcoin channel

22 Dec 2022 17:08

First Mover Americas: FTT Token at Center of New US Charges in FTX Case
https://www.coindesk.com/markets/2022/12/22/first-mover-americas-ftt-token-at-center-of-new-us-charges-in-ftx-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 22, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

22 Dec 2022 17:06

FTX Creditors Hire Law Firm Paul Hastings as Representation
https://www.coindesk.com/business/2022/12/22/ftx-creditors-hire-law-firm-paul-hastings-as-representation-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Paul Hastings beat out multiple law firms that pitched to lead legal work in the bankruptcy proceedings.

Bitcoin channel

22 Dec 2022 15:14

2022 Was Bitcoin’s Year Of Differentiation
https://bitcoinmagazine.com/culture/in-2022-bitcoin-differentiated-from-crypto

2022 was marked by high-profile financial sovereignty issues and crypto implosions. The case for Bitcoin has never been more clear.

Bitcoin channel

22 Dec 2022 13:00

British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations
https://www.coindesk.com/policy/2022/12/22/british-columbia-imposes-18-month-moratorium-on-new-crypto-mining-operations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.

Bitcoin channel

23 Dec 2022 13:49

Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam
https://www.coindesk.com/business/2022/12/23/authorities-in-italy-albania-bust-16m-suspected-crypto-investment-scam/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Law enforcement authorities in Italy and Albania have busted a cryptocurrency investment scam worth 15 million euros ($15.91 million).

Bitcoin channel

23 Dec 2022 12:15

OKX Unveils 2nd Proof-of-Reserves Report, Promises Monthly Publication
https://www.coindesk.com/business/2022/12/23/okx-unveils-second-proof-of-reserves-report-promises-monthly-publication/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users can now view and download the old and new reserve ratios and assess the exchange's health and the safety of their assets.

Bitcoin channel

23 Dec 2022 10:25

The Bank Of Japan Blinks And Markets Tremble
https://bitcoinmagazine.com/markets/bank-of-japan-raises-cap-on-yield-curve-control

The Bank of Japan sent tremors through capital markets as it announced a rate target increase for yield curve control, sending global bond yields soaring.

Bitcoin channel

23 Dec 2022 02:14

Bitcoin’s Trading Has Become “Boring”: Is This a Bad or Good Thing?
https://bitcoinmagazine.com/markets/bitcoins-trading-has-become-boring

As the price of bitcoin continues on its sideways journey, it's helpful to consider this volatility compared to previous episodes.

Bitcoin channel

23 Dec 2022 01:43

Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal
https://www.coindesk.com/business/2022/12/22/peter-thiel-backed-crypto-exchange-bullish-calls-off-spac-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Far Peak Acquisition and Bullish first agreed to a merger in July 2021.

Bitcoin channel

22 Dec 2022 23:32

Craig Wright Signals He's Given Up Convincing Courts He Invented Bitcoin
https://www.coindesk.com/policy/2022/12/22/craig-wright-signals-hes-given-up-on-convincing-courts-he-invented-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Six years after he first claimed to be Satoshi Nakamoto, the Australian computer scientist tweeted, “I have been too angry for too long.”

Bitcoin channel

22 Dec 2022 23:30

Tron’s Justin Sun Was Secret Top Client of Crypto Asset Manager Valkyrie
https://www.coindesk.com/business/2022/12/22/trons-justin-sun-was-secret-top-client-of-crypto-asset-manager-valkyrie/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A private financial document reviewed by CoinDesk shows that Sun, one of the richest figures in crypto, was responsible for the vast majority of a key Valkyrie division’s assets under management.

Bitcoin channel

22 Dec 2022 20:52

FTX Investors’ Loss Is Wall Street Lawyers’ Gain
https://www.coindesk.com/policy/2022/12/22/ftx-investors-loss-is-wall-street-lawyers-gain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Professionals are charging upwards of $2,000 hourly wages against $12 million retainers as they attempt to restore funds to the million-odd creditors of Sam Bankman-Fried’s empire

Bitcoin channel

22 Dec 2022 20:50

2023 Should Be the Year of On-Chain User Security
https://www.coindesk.com/consensus-magazine/2022/12/22/2023-should-be-the-year-of-on-chain-user-security/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

If crypto does not get its house in order, regulators will do it for them.

Bitcoin channel

22 Dec 2022 20:49

Brazil’s President Signs Crypto Regulations Into Law
https://www.coindesk.com/policy/2022/12/22/brazils-president-signs-crypto-regulations-into-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Companies in the sector will have 180 days to adapt to the new rules.

Bitcoin channel

22 Dec 2022 19:08

Craig Wright Ordered To Pay Peter McCormack’s Legal Fees, Faces Contempt Of Court Hearing
https://bitcoinmagazine.com/legal/craig-wright-peter-mccormack-judgement

A judgment made in the U.K. found Wright breached an embargo and must pay McMormack’s legal fees.

Bitcoin channel

22 Dec 2022 17:07

The CFP Board’s Latest Report on Crypto Sets High Standards for Advisors
https://www.coindesk.com/markets/2022/12/22/the-cfp-boards-latest-report-on-crypto-sets-high-standards-for-advisors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Decisions to recommend bitcoin should depend on an advisor's crypto competency and a client’s personal/financial circumstances, the CFP Board’s notice says.

Bitcoin channel

22 Dec 2022 17:05

Crypto Market May See Renewed Volatility as Whales Begin to Accumulate Bitcoin
https://www.coindesk.com/markets/2022/12/22/crypto-market-may-see-renewed-volatility-as-whales-begin-to-accumulate-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Calm waters do not last long in bitcoin, so be prepared for a sharp move here shortly, one observer said, referring to the cryptocurrency's ultra-low historical or realized price volatility.

Bitcoin channel

22 Dec 2022 15:13

Brazilian President Signs Bill Regulating Use Of Bitcoin As Payment
https://bitcoinmagazine.com/legal/brazil-enacts-bitcoin-payments-bill

Brazil’s President has signed a complete regulatory framework for crypto, regulating the use of bitcoin as payment.

Bitcoin channel

22 Dec 2022 12:59

Twitter Adds Crypto, Stock Prices in Search Results
https://www.coindesk.com/business/2022/12/22/twitter-adds-crypto-stock-prices-in-search-results/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Social media platform Twitter has integrated cryptocurrency prices into its search results with a TradingView plug-in.