Bitcoin channel

04 Jan 2023 05:48

First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?
https://www.coindesk.com/markets/2023/01/04/first-mover-asia-why-is-tron-founder-justin-sun-keeping-some-of-his-coins-in-valkyrie-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.

Bitcoin channel

04 Jan 2023 05:46

Israel’s Securities Watchdog Moves to Better Supervise Crypto Assets
https://www.coindesk.com/policy/2023/01/04/israels-securities-watchdog-moves-to-better-supervise-crypto-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Israel Securities Authority proposed new legal definitions for digital assets that would formally establish their government supervision – most frequently as securities.

Bitcoin channel

04 Jan 2023 02:52

Crypto Contagion Lesson For Lenders: Stay Out Of Bitcoin Mining
https://bitcoinmagazine.com/business/crypto-lenders-shouldnt-mine-bitcoin

The collapse of two giant crypto lending businesses that also mined bitcoin yields a few interesting lessons.

Bitcoin channel

04 Jan 2023 01:14

Twitch Streamer and NFT Founder DNP3 Admits to Gambling Away Investor Funds
https://www.coindesk.com/web3/2023/01/03/twitch-streamer-and-nft-founder-dnp3-admits-to-gambling-away-investor-funds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

His projects, including The Goobers NFT and charity-focused cryptocurrency CluCoin, were down following the announcement. It's unclear how much money was lost.

Bitcoin channel

03 Jan 2023 20:46

Previewing FTX Founder Sam Bankman-Fried’s Not Guilty Plea in Court
https://www.coindesk.com/policy/2023/01/03/previewing-ftx-founder-sam-bankman-frieds-not-guilty-plea-in-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Happy New Year everyone! Thanks for sticking around as this newsletter heads into year three. And as is befitting the first issue of 2023, we’re going to spend today in court for FTX founder Sam Bankman-Fried’s arraignment.

Bitcoin channel

03 Jan 2023 19:28

The Genesis Block: The First Bitcoin Block
https://www.coindesk.com/tech/2023/01/03/the-genesis-block-the-first-bitcoin-block/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Satoshi Nakamoto mined the Genesis Block on Jan. 3, 2009. That was three months after the pseudonymous inventor published the Bitcoin white paper in an online cryptography forum. People now call Jan. 3 “Genesis Block Day.”

Bitcoin channel

03 Jan 2023 19:08

Fedi Launches Hackathon Celebrating Bitcoin’s 14th Birthday With 2.5 BTC Prize
https://bitcoinmagazine.com/technical/fedimint-launches-hackathon-with-2-5-bitcoin-prize

Fedi is teaming up with Epoch to reward 2.54 bitcoin in a hackathon that aims to boost its Fedimint-based community custody and privacy platform.

Bitcoin channel

03 Jan 2023 17:30

Sam Bankman-Fried's Lawyers Ask Court to Conceal Identities of $250M Bail Co-Signers
https://www.coindesk.com/policy/2023/01/03/sam-bankman-frieds-lawyers-ask-court-to-conceal-identities-of-250m-bail-co-signers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The attorneys cited privacy and safety concerns as reasons for requesting the concealment of identities.

Bitcoin channel

03 Jan 2023 17:29

Bitcoin Miners Got Crushed by Crypto Winter. 2023 May Bring More Pain
https://www.coindesk.com/business/2022/12/30/bitcoin-miners-got-crushed-by-crypto-winter-2023-may-bring-more-pain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin miners had a rough 2022, showing “how to not build a mining business,” However, industry experts don’t see 2023 as any better, unless markets improve significantly.

Bitcoin channel

03 Jan 2023 17:24

Major Ukrainian Pharmacy Chain Enables Bitcoin Payments
https://bitcoinmagazine.com/business/ukrainian-pharmacy-chain-enables-bitcoin-payments

ANC Pharmacy is enabling bitcoin payments via Binance Pay at more than 1,000 locations across Ukraine.

Bitcoin channel

03 Jan 2023 16:29

Bahamas-FTX Dispute Heats Up as Bankman-Fried Prepares for Trial
https://www.coindesk.com/policy/2023/01/03/bahamas-ftx-dispute-heats-up-as-bankman-fried-prepares-for-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S. and Bahamian liquidators continue to sling mud as they fight for jurisdiction over the disgraced CEO’s company

Bitcoin channel

03 Jan 2023 15:01

Ethereum's Impending Shanghai Upgrade Powers Lido DAO, SWISE, RPL Tokens Higher
https://www.coindesk.com/markets/2023/01/03/ethereums-impending-shanghai-upgrade-powers-lido-dao-swise-rpl-tokens-higher/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum's Shanghai upgrade is set to de-risk ether staking by allowing ETH withdrawals. That's likely to pave the way for widespread adoption of liquid staking solutions.

Bitcoin channel

03 Jan 2023 14:58

DeFi Protocol Sushi to Shutter Lending Product to Focus on DEX
https://www.coindesk.com/tech/2023/01/03/defi-protocol-sushi-to-shutter-lending-product-to-focus-on-dex/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The decentralized exchange holds over $390 million in locked tokens as of Tuesday.

Bitcoin channel

03 Jan 2023 06:52

Genesis-DCG Loan Leads to Class Action Arbitration Case from Gemini Clients
https://www.coindesk.com/business/2023/01/03/genesis-dcg-loan-leads-to-class-action-arbitration-case-from-gemini-clients/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Claimants allege in a filing that Genesis breached its Master Agreement when it became insolvent in the summer of 2022, while hiding its insolvency from lenders like Gemini.

Bitcoin channel

02 Jan 2023 22:03

Gemini Co-Founder Accuses DCG’s Silbert of 'Bad Faith' Stalling in $900M Locked Funds Dispute
https://www.coindesk.com/business/2023/01/02/gemini-co-founder-accuses-dcgs-silbert-of-bad-faith-stalling-in-900m-locked-funds-dispute/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

04 Jan 2023 05:47

Final Fantasy Parent Square Enix Is Bullish on Blockchain Gaming in 2023
https://www.coindesk.com/web3/2023/01/04/final-fantasy-parent-square-enix-is-bullish-on-blockchain-gaming-in-2023/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Tokyo-based video game giant is already developing multiple blockchain games, highlighting an area of growth amid a brutal crypto winter.

Bitcoin channel

04 Jan 2023 02:53

Reflecting On The Genesis Block And Bitcoin On Its 14th Birthday
https://bitcoinmagazine.com/culture/bitcoin-genesis-block-14th-birthday-reflection

Exactly 14 years after Bitcoin was born through the Genesis block, Proof of Keys Day helps us remember why the protocol was invented and where we are today.

Bitcoin channel

04 Jan 2023 02:26

Core Scientific to Shut Down Celsius Crypto Mining Equipment
https://www.coindesk.com/business/2023/01/04/core-scientific-to-shut-down-celsius-crypto-mining-equipment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The two firms have been engaged in litigation over a 2020 hosting contract, which Core Scientific says is losing it $2 million per month.

Bitcoin channel

04 Jan 2023 01:13

Web3 Co-Working Hub EmpireDAO Closes Amid Bear Market Woes
https://www.coindesk.com/web3/2023/01/03/web3-co-working-hub-empiredao-closes-amid-bear-market-woes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The hopeful “WeWork of Web3” is closing its doors and looking for a new home just months after it opened at 190 Bowery in Manhattan.

Bitcoin channel

03 Jan 2023 20:45

Solana's SOL Token Surges 20% as Dog Coin Bonk Fires Up Community Interest
https://www.coindesk.com/markets/2023/01/03/solana-price-gains-as-dog-coin-bonk-fires-up-community-interest/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bonk was airdropped to several Solana NFT projects and has steadily gained interest among holders.

Bitcoin channel

03 Jan 2023 19:28

Former Bithumb Chairman Acquitted in $100M Fraud Case
https://www.coindesk.com/business/2023/01/03/ex-bithumb-chairman-acquitted-in-south-korea-100m-crypto-exchange-fraud-trial-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-hoon, who was acquitted in the first court hearing.

Bitcoin channel

03 Jan 2023 17:31

Stronghold Digital Mining Swaps Debt for Preferred Stock
https://www.coindesk.com/business/2023/01/03/bitcoin-miner-stronghold-continues-debt-restructuring-with-convertible-preferred-share-issuance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The miner, which runs coal-powered plants in Pennsylvania, has been reducing its debt since the summer.

Bitcoin channel

03 Jan 2023 17:30

Bernstein Says Crypto Exchange Binance Not Likely to Fail
https://www.coindesk.com/business/2023/01/03/bernstein-says-crypto-exchange-binance-is-not-likely-to-fail/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, the report said.

Bitcoin channel

03 Jan 2023 17:24

2022 Paved The Way For National Bitcoin Adoption, And 2023 Will Be Even Bigger
https://bitcoinmagazine.com/culture/national-bitcoin-adoption-began-in-2022

In 2022, nation state Bitcoin adoption accelerated, setting the stage for even more progress this year.

Bitcoin channel

03 Jan 2023 16:30

First Mover Americas: Legal Troubles Brewing at Digital Currency Group
https://www.coindesk.com/markets/2023/01/03/first-mover-americas-legal-troubles-brewing-at-digital-currency-group/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 3, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

03 Jan 2023 15:03

Zodia Custody Appoints Crypto Exchange Bitstamp’s Julian Sawyer as Chief Executive Officer
https://www.coindesk.com/business/2023/01/03/zodia-custody-appoints-crypto-exchange-bitstamps-julian-sawyer-as-chief-executive-officer/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Sawyer was Bitstamp's CEO and a co-founder of U.K. lender Starling Bank.

Bitcoin channel

03 Jan 2023 14:59

Bernstein: Returns From Buying Crypto During Downturns Have Been Spectacular
https://www.coindesk.com/markets/2023/01/03/bernstein-returns-from-buying-crypto-during-downturns-have-been-spectacular/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The cryptocurrency industry has a strong track record of fighting back, the report said.

Bitcoin channel

03 Jan 2023 11:51

2022 Crypto Attacks Were Least in December, With $62M Lost in Heists, Certik Says
https://www.coindesk.com/business/2023/01/03/2022-crypto-attacks-were-least-in-december-with-62m-lost-in-heists-certik-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blockchain audit firm CertiK noted some $3.7 billion were lost to scams and hacks in 2022, making it the worst year for nefarious activities in the market’s history, so far.

Bitcoin channel

03 Jan 2023 03:09

First Mover Asia: Bitcoin Celebrates the New Year With Old Pricing, Holds Steady at $16.7K
https://www.coindesk.com/markets/2023/01/02/first-mover-asia-bitcoin-celebrates-the-new-year-with-old-pricing-holds-steady-at-167k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: CoinDesk's Sam Reynolds explains why crypto exchange token prices continue to respond to news events and not what the SEC and other regulators might do.

Bitcoin channel

02 Jan 2023 15:36

The Themes That Will Define Bitcoin In 2023
https://bitcoinmagazine.com/culture/defining-bitcoin-in-2023

Some trends that emerged in 2022, from regulatory developments to technical and cultural innovations, will grow to define Bitcoin in 2023.