Bitcoin channel

09 Jan 2023 22:46

CFTC Alleges Market Manipulation Against Mango Markets Exploiter
https://www.coindesk.com/policy/2023/01/09/cftc-alleges-market-manipulation-against-mango-markets-exploiter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Commodity Futures Trading Commission (CFTC) brought manipulation charges against Mango Markets exploiter Avraham Eisenberg on Monday, after the Department of Justice arrested him last week.

Bitcoin channel

09 Jan 2023 21:04

How AI Could Solve the Metaverse’s Language Problem
https://www.coindesk.com/business/2023/01/06/how-ai-could-solve-the-metaverses-language-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Onemeta AI Could Solve a Metaverse Problem: Real-Time Translation.

Bitcoin channel

09 Jan 2023 19:53

The Niche Application of Stablecoins Is Not a Bad Thing
https://www.coindesk.com/consensus-magazine/2023/01/06/the-niche-application-of-stablecoins-is-not-a-bad-thing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

By definition, stablecoins are tethered to the real economy. But whatever links they have should be minimized, until their applications are fully proven, says Dan Kuhn.

Bitcoin channel

09 Jan 2023 18:32

Hive Earned Equivalent of 184 BTC From Curtailing Its Power Use in December
https://www.coindesk.com/business/2023/01/09/hive-earned-184-btc-from-curtailing-its-power-use-in-december-thats-almost-as-much-as-it-mined/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The miner has also installed the first Buzzminers, computers it designed using Intel's new bitcoin mining chip.

Bitcoin channel

09 Jan 2023 18:30

Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating on Near-Term Concerns
https://www.coindesk.com/markets/2023/01/09/jefferies-initiates-coverage-of-crypto-exchange-coinbase-with-hold-rating/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said.

Bitcoin channel

09 Jan 2023 18:27

Signature Bank Downgraded at Jefferies Due to Shrinking Crypto Business
https://www.coindesk.com/business/2023/01/09/signature-bank-downgraded-at-jefferies-due-to-shrinking-crypto-business/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The cut to hold by the formerly bullish analyst team comes after the stock has suffered a 67% year-over-year decline.

Bitcoin channel

09 Jan 2023 18:25

Bitcoin Retakes $17K as Interest Rates Plunge Following Economic Reports
https://www.coindesk.com/business/2023/01/06/bitcoin-retakes-17k-as-interest-rates-plunge-following-economic-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Friday morning's reports on job and wage growth and the service industry gave hope that the Fed may further slow the pace of monetary tightening.

Bitcoin channel

09 Jan 2023 18:23

Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
https://www.coindesk.com/policy/2023/01/06/brother-of-criminal-bitcoin-mixing-ceo-pleads-guilty-to-stealing-712-bitcoins-from-irs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An Ohio family now has not one but two felons facing potentially lengthy prison sentences for crypto-related crimes.

Bitcoin channel

09 Jan 2023 15:30

Solana, Cardano Tokens See Price Bump Amid Strong Transactional Activity
https://www.coindesk.com/markets/2023/01/09/solana-cardano-tokens-see-price-bump-amid-strong-transactional-activity/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The two tokens added nearly 20% in the past 24 hours as of Asian morning hours on Monday.

Bitcoin channel

09 Jan 2023 12:08

FTX Opposition to $1B Binance Deal Is 'Hypocrisy and Chutzpah,' Voyager Says
https://www.coindesk.com/policy/2023/01/09/ftx-opposition-to-1b-binance-deal-is-hypocrisy-and-chutzpah-voyager-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The plan to purchase bankrupt crypto lender Voyager’s assets has been opposed by FTX trading arm Alameda research, federal regulators and a number of U.S. states

Bitcoin channel

09 Jan 2023 12:06

Jefferies Downgrades Bitcoin Miner Marathon Digital on Construction Delays
https://www.coindesk.com/business/2023/01/09/jefferies-downgrades-bitcoin-miner-marathon-digital-on-construction-delays/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The asset-light crypto miner won't reach its 23 EH/s hashrate target by mid-2023, the bank said, while also lowering its price target to $4.

Bitcoin channel

08 Jan 2023 14:59

Bitcoin Creates Hope For A Generation Found Hopeless
https://bitcoinmagazine.com/culture/bitcoin-is-hope-for-gen-z

Faced with unprecedented economic challenges and anxieties, Gen Z should see Bitcoin as the best hope for its future.

Bitcoin channel

07 Jan 2023 17:18

Audi-Backed Startup Holoride is Bringing VR to the Car
https://www.coindesk.com/web3/2023/01/07/audi-backed-startup-holoride-is-bringing-vr-to-the-car/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Will the “Motorverse” change the face of backseat entertainment?

Bitcoin channel

07 Jan 2023 10:44

Bitcoin Volatility Hits Historic Lows Amid Market Apathy
https://bitcoinmagazine.com/markets/bitcoin-volatility-hits-historic-lows

The brunt of the price-based capitulation has already been felt, while the real pain ahead is a waiting game for the market to finally turn around.

Bitcoin channel

07 Jan 2023 05:26

NFT Marketplace SuperRare Cuts Staff by 30%
https://www.coindesk.com/web3/2023/01/07/nft-marketplace-superrare-cuts-staff-by-30/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CEO John Crain said the company overhired during the market upswing and could not sustain its growth in recent months.

Bitcoin channel

09 Jan 2023 22:04

Galaxy Digital's Head of Research Sees More Venture Funding for Web3 Firms This Year
https://www.coindesk.com/business/2023/01/09/galaxy-digitals-head-of-research-sees-more-venture-funding-for-web3-firms-this-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto-native financial-services firm found that crypto VC funding in 2022 reached its second highest year, with Web 3 and trading based platforms leading a majority of those efforts.

Bitcoin channel

09 Jan 2023 21:03

BlockFi Management Hasn't Withdrawn any Crypto Since October, Lawyers Tell Court
https://www.coindesk.com/policy/2023/01/09/blockfi-management-hasnt-withdrawn-any-crypto-since-october-lawyers-tell-court/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

09 Jan 2023 19:46

Bitcoin Lightning Podcasting App Fountain Releases Update Aimed At Improving New Users’ Experience
https://bitcoinmagazine.com/business/fountain-releases-update-for-new-users

Amongst other updates designed to make new users’ experience easier, a new software update enables wallet funding directly through the application.

Bitcoin channel

09 Jan 2023 18:32

Around 117 Parties Interested in Buying FTX Units, Court Documents Show
https://www.coindesk.com/policy/2023/01/09/around-117-parties-interested-in-buying-ftx-units-court-documents-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Attempts to urgently sell LedgerX and FTX Japan have invited legal protest.

Bitcoin channel

09 Jan 2023 18:29

Metropolitan Bank Heads for Crypto Exit
https://www.coindesk.com/business/2023/01/09/metropolitan-bank-heads-for-crypto-exit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

New York-based Metropolitan Commercial Bank (MCB) is to end its cryptocurrency offering, citing recent developments in the crypto industry.

Bitcoin channel

09 Jan 2023 18:26

Robinhood Shares Worth Nearly $500M Seized in FTX Case
https://www.coindesk.com/policy/2023/01/09/robinhood-shares-worth-nearly-500m-seized-in-ftx-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The "seized assets constitute property involved in violations" of crimes such as money laundering and wire fraud the document outlined.

Bitcoin channel

09 Jan 2023 18:24

FTX's US Leadership, Bahamas Liquidators Say They've 'Resolved' Most of Their Issues
https://www.coindesk.com/policy/2023/01/06/ftxs-us-leadership-bahamas-liquidators-say-theyve-resolved-most-of-their-issues/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX's U.S. leadership and the company's Bahamas wing's court-appointed liquidators have formed a cooperation agreement addressing how assets may be inventoried and disposed of, among other issues, a press release Friday said.

Bitcoin channel

09 Jan 2023 15:38

To Become Money, Bitcoin Requires Integration With New Social System Technology
https://bitcoinmagazine.com/culture/bitcoin-must-integrate-as-a-new-innovative-social-system

Bitcoin and Lightning Network technology alone will not be enough to change our financial system. New social systems are needed too.

Bitcoin channel

09 Jan 2023 15:29

French Financial Regulator Supports Faster Mandatory Licensing for Crypto Firms
https://www.coindesk.com/policy/2023/01/09/french-financial-regulator-supports-faster-mandatory-licensing-for-crypto-firms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Financial Markets Authority joins the country’s central bank and Senate in seeking to anticipate new EU laws.

Bitcoin channel

09 Jan 2023 12:07

The Ether Trade That Made the Most Noise Last Week
https://www.coindesk.com/markets/2023/01/09/the-ether-trade-that-made-the-most-noise-last-week/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An investor placed a large buy order for bearish put options tied to ether, seeking protection against an extended price slide to below $400 by the end of June.

Bitcoin channel

09 Jan 2023 05:11

First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range
https://www.coindesk.com/markets/2023/01/09/first-mover-asia-bitcoin-eclipses-17k-breaking-out-of-three-week-trading-range/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022.

Bitcoin channel

07 Jan 2023 21:33

U.S. Investigators Subpoena Hedge Funds in Binance Money-Laundering Probe: Report
https://www.coindesk.com/business/2023/01/07/us-investigators-subpoena-hedge-funds-in-binance-money-laundering-probe-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Authorities have not yet brought charges against the company, which has faced intense scrutiny following competitor FTX's collapse in November.

Bitcoin channel

07 Jan 2023 14:36

Choose Your Fighter: Bitcoin Maxis Vs. Fiat Maxis
https://bitcoinmagazine.com/culture/bitcoin-is-clear-fiat-obscures

Using the “choose your fighter” paradigm popularized by video games, we can compare Bitcoin and fiat and determine a winner.

Bitcoin channel

07 Jan 2023 06:47

Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report
https://www.coindesk.com/business/2023/01/07/crypto-conglomerate-dcg-being-investigated-by-doj-sec-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Officials with the U.S. Department of Justice's Eastern District of New York and the Securities and Exchange Commission are examining transfers between Digital Currency Group and Genesis, one of its subsidiaries, a report late Friday said.

Bitcoin channel

07 Jan 2023 03:22

NFT Collective PROOF Signs with United Talent Agency
https://www.coindesk.com/web3/2023/01/07/nft-collective-proof-signs-with-united-talent-agency/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company behind the popular NFT project Moonbirds hopes to expand its partnerships and grow its brand beyond a Web3-native audience.