Bitcoin channel

01 Jan 2023 21:32

What Will It Take for Bitcoin Mining Companies to Survive in 2023?
https://www.coindesk.com/markets/2023/01/01/what-will-it-take-for-bitcoin-mining-companies-to-survive-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Some miners have held onto the bitcoin they mined, opting instead to finance operations with debt and other capital, which works really well – until it doesn’t.

Bitcoin channel

01 Jan 2023 14:30

UK Enforces Crypto Tax Break for Foreigners Using Local Brokers
https://www.coindesk.com/policy/2023/01/01/uk-enforces-crypto-tax-break-for-foreigners-using-local-brokers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The measures now in effect are part of the government's plans to turn the country into a crypto hub.

Bitcoin channel

31 Dec 2022 16:04

Bitcoin Can Free Puerto Rico
https://bitcoinmagazine.com/culture/bitcoin-can-free-puerto-rico

The people of Puerto Rico have been fighting for self sovereignty for decades. Now, Bitcoin can be a critical tool for that goal.

Bitcoin channel

31 Dec 2022 00:24

Crypto Asset Manager Valkyrie Investments Wants to Sponsor, Manage Grayscale Bitcoin Trust
https://www.coindesk.com/business/2022/12/30/crypto-asset-manager-valkyrie-investments-wants-to-sponsor-manage-grayscale-bitcoin-trust/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

GBTC, the world’s largest bitcoin fund, has been trading at near a record discount relative to the price of bitcoin.

Bitcoin channel

30 Dec 2022 23:00

Web3 Is Being Used to Preserve History Threatened by Wars
https://www.coindesk.com/web3/2022/12/30/web3-is-being-used-to-preserve-history-threatened-by-wars/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Theresa Kennedy, Black History DAO Founder, says using blockchain technology eliminates the need of a centralized storage facility.

Bitcoin channel

30 Dec 2022 20:35

NFT Market Will Bounce Back With Lower Interest Rates, Digital Artist Says
https://www.coindesk.com/web3/2022/12/30/nft-market-will-bounce-back-with-lower-interest-rates-digital-artist-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

NFT artist Ovie Faruq, also known as OSF, says the hybrid asset will bounce back in time but the Federal Reserve will need to lower interest rates.

Bitcoin channel

30 Dec 2022 18:19

Italian Parliament Approves 26% Crypto-Gains Tax in 2023 Budget
https://www.coindesk.com/policy/2022/12/30/italian-parliament-approves-26-crypto-gains-tax-under-2023-budget/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Italian Prime Minister Giorgia Meloni's new bill also includes an incentive for those declaring crypto for tax purposes.

Bitcoin channel

30 Dec 2022 17:17

FTX Japan to Allow Customers to Withdraw Funds Starting in Mid-February
https://www.coindesk.com/business/2022/12/30/ftx-japan-to-allow-customers-to-withdraw-funds-starting-in-mid-february/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The plan would make FTX Japan customers some of the first of the collapsed crypto exchange to get their money back.

Bitcoin channel

30 Dec 2022 16:11

Why DAOs Need to Adopt a Two-Treasury System
https://www.coindesk.com/consensus-magazine/2022/12/30/why-daos-need-to-adopt-a-two-treasury-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blockchain infrastructure companies are trying to solve two complex and expensive problems: building sustainable protocols and dynamic ecosystems.

Bitcoin channel

30 Dec 2022 14:39

Why A Bitcoin Ban In The EU Is Likely… And Stupid
https://bitcoinmagazine.com/culture/eu-will-likely-ban-bitcoin-to-no-avail

Despite holding off to date, a Bitcoin ban by the EU could be on the horizon. But Bitcoin doesn’t ask for permission.

Bitcoin channel

30 Dec 2022 08:06

Despite the Frost of Crypto Winter, The Wrapture Holders Kept Their Cool
https://www.coindesk.com/web3/2022/12/30/despite-the-frost-of-crypto-winter-the-wrapture-holders-kept-their-cool/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Dmitri Cherniak's art project-meets-social experiment The Wrapture showed the power of social coordination and trust within the NFT space in the face of market uncertainty.

Bitcoin channel

30 Dec 2022 04:53

Solana Token Rebounds off Thursday Lows as Buterin Tweets Support
https://www.coindesk.com/markets/2022/12/30/solana-token-rebounds-off-thursday-lows-as-buterin-tweets-support/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

But the “Sam coin” is still down nearly 95% this year.

Bitcoin channel

30 Dec 2022 03:25

FBI Investigating 3Commas Data Breach
https://www.coindesk.com/business/2022/12/29/fbi-investigating-3commas-data-breach/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This week, an anonymous hacker leaked 100,000 API keys connected to the crypto trading service.

Bitcoin channel

29 Dec 2022 21:50

Step Aside, Ethereum: Blockchain Project Stacks Wants to Bring Smart Contracts to Bitcoin
https://www.coindesk.com/tech/2022/12/29/step-aside-ethereum-blockchain-project-stacks-wants-to-bring-smart-contracts-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The project claims its Bitcoin sidechain can unlock “hundreds of billions of dollars” in DeFi on bitcoin.

Bitcoin channel

29 Dec 2022 21:16

DeFi Platforms Need to Beef Up Security, Former Prosecutor Says
https://www.coindesk.com/business/2022/12/29/defi-platforms-need-to-beef-up-security-former-prosecutor-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ari Redbord, currently TRM Labs head of legal and government affairs, says cracking down on hacks in crypto will require hardening cyber defenses.

Bitcoin channel

01 Jan 2023 14:31

In 2023, Bitcoin Will Enter The ‘And Then They Fight You’ Stage
https://bitcoinmagazine.com/culture/the-fight-against-bitcoin-starts-in-2023

As the macroeconomic debt spiral is set to spin out of control in 2023, Bitcoiners should prepare for the fight to intensify.

Bitcoin channel

31 Dec 2022 19:17

Tax-Loss Harvesting Platform Unsellable is Building ‘The World's Largest Collection of Worthless NFTs
https://www.coindesk.com/web3/2022/12/31/tax-loss-harvesting-platform-unsellable-is-building-the-worlds-largest-collection-of-worthless-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The platform has so far purchased over 7,700 no-longer valuable NFTs that previous owners can count as losses to reduce taxable capital gains.

Bitcoin channel

31 Dec 2022 00:25

FTX, Congress, Stablecoins: What 2023 May Bring for Crypto Regulations
https://www.coindesk.com/policy/2022/12/30/ftx-congress-stablecoins-what-2023-may-bring-for-crypto-regulations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Can you believe this year started off with U.S. law enforcement officials arresting two individuals in connection with the 2016 Bitfinex hacked funds? For this week’s newsletter, the 102nd since we first launched in 2021, I asked CoinDesk’s Policy Team what they’re looking out for this upcoming year.

Bitcoin channel

31 Dec 2022 00:16

Valkyrie Wants To Take Up The Reins Of Grayscale’s Bitcoin Trust
https://bitcoinmagazine.com/markets/valkyrie-proposes-manage-grayscales-gbtc

Valkyrie Investments has laid out a proposal to become the new sponsor and manager of Grayscale’s troubled bitcoin trust (GBTC) and fix its large discount.

Bitcoin channel

30 Dec 2022 20:36

FTX’s International Customers Lawyer Up, Ask Judge to Rule That Customer Assets Aren't Property of FTX Estate
https://www.coindesk.com/policy/2022/12/30/ftxs-international-customers-lawyer-up-ask-judge-to-rule-that-customer-assets-are-not-property-of-ftx-estate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawyers representing FTX.com’s non-US customers have joined the bankruptcy fray, filing a motion on Wednesday asking a Delaware judge to rule that customer assets locked in the collapsed exchange are customer property – not property of the FTX estate.

Bitcoin channel

30 Dec 2022 20:34

5 Lessons from 2022 that Changed Crypto Forever
https://www.coindesk.com/layer2/2022/12/30/5-lessons-from-2022-that-changed-crypto-forever/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Yes, this is that classic newsroom fallback for staff-depleted holiday periods: the year-in-review listicle. But whereas in other years that might seem a little dull, a cop-out even, this one is different. This time we’re talking about 2022, the year that changed crypto forever.

Bitcoin channel

30 Dec 2022 17:18

Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit
https://www.coindesk.com/business/2022/12/30/defrost-finance-denies-rug-pull-allegations-amid-12m-exploit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The group says it’s retrieved all the funds after offering a bounty to the hacker.

Bitcoin channel

30 Dec 2022 17:16

Making Comprehensive Crypto Policy Out of Regulatory Patchwork
https://www.coindesk.com/consensus-magazine/2022/12/29/making-comprehensive-crypto-policy-out-of-regulatory-patchwork/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Suggestions that the CFTC is the crypto industry’s “regulator of choice” and more susceptible to capture do not hold up, according to former CFTC Director of Enforcement Aitan Goelman.

Bitcoin channel

30 Dec 2022 14:57

First Mover Americas: Cathie Wood 'Bargain Hunts' Coinbase
https://www.coindesk.com/markets/2022/12/30/first-mover-americas-cathie-wood-bargain-hunts-coinbase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 30, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

30 Dec 2022 10:03

Regulators in the Bahamas Are Holding $3.5 Billion in FTX Customer Assets
https://www.coindesk.com/business/2022/12/30/regulators-in-the-bahamas-are-holding-35-billion-in-ftx-customer-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Concerns over the security of assets in FTX custody prompted the Bahamian regulator to step in, a statement says.

Bitcoin channel

30 Dec 2022 07:08

Cathie Wood Continues Buying Coinbase's Dip With $5 Million Stock Purchase
https://www.coindesk.com/markets/2022/12/30/cathie-wood-continues-buying-coinbases-dip-with-5-million-stock-purchase/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ARK's Fintech Innovation ETF adds 158,000 shares of COIN to its holdings as stock hits an all-time low.

Bitcoin channel

30 Dec 2022 03:26

First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research Head
https://www.coindesk.com/markets/2022/12/30/first-mover-asia-3-crypto-predictions-for-2023-from-digital-manager-3iqs-research-head/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mark Connors sees a rebound in digital prices by the third quarter and companies increasing their involvement in developing regulation. ALSO: Bitcoin would just assume forget acquaintances auld and new to 2022.

Bitcoin channel

30 Dec 2022 02:10

Anonymous Twitter User Leaks 3Commas API Database
https://www.coindesk.com/tech/2022/12/28/anonymous-twitter-user-leaks-alleged-3commas-api-database/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The leak comes after 3Commas repeatedly told users that they had been “phished” after widespread hacks.

Bitcoin channel

29 Dec 2022 21:48

It’s Been a Year Since NFTs Exploded. Where Are We Headed?
https://www.coindesk.com/consensus-magazine/2022/12/29/its-been-a-year-since-nfts-exploded-where-are-we-headed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

For NFT collectors and creators, this past year marked noticeable changes within the market. From utility to community building, here are just a few trends that will push the space forward in 2023.

Bitcoin channel

29 Dec 2022 21:15

Turkish Central Bank Runs First CBDC Tests
https://www.coindesk.com/policy/2022/12/29/turkish-central-bank-runs-first-cbdc-tests/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The monetary authority said it will conduct further trials in the first quarter of 2023.