Bitcoin channel

19 Jan 2023 17:50

Cross-Chain Bridge Protocol Stargate Partners With Metis for More Efficient Interoperability
https://www.coindesk.com/tech/2023/01/19/cross-chain-bridge-protocol-stargate-partners-with-metis-for-more-efficient-interoperability/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move will be the first expansion for Stargate beyond LayerZero technology.

Bitcoin channel

19 Jan 2023 17:49

UK Trade Groups See Opportunity in Document Bill Under Debate in Parliament
https://www.coindesk.com/policy/2023/01/19/uk-trade-groups-see-opportunity-in-document-bill-under-debate-in-parliament/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bill which is being debated in Parliament could see blockchain technology being used as a way to store documents.

Bitcoin channel

19 Jan 2023 17:48

Circle, Uniswap Research Says DeFi Can Solve $2 Trillion FX Risk Problem
https://www.coindesk.com/policy/2023/01/18/circle-uniswap-research-says-defi-can-solve-2-trillion-fx-risk-problem/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Every day, about $2.2 trillion in foreign-exchange (FX) transactions carry a risk that the yet-to-be settled side of an agreement won’t meet obligations. But a new paper from Circle Internet Financial and decentralized exchange Uniswap Labs finds that a distributed ledger could solve that problem with simultaneous settlement.

Bitcoin channel

19 Jan 2023 17:46

2023: The Year Regulators Finally Grasp Crypto?
https://www.coindesk.com/policy/2023/01/19/2023-the-year-regulators-finally-grasp-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Amid a prolonged collapse in asset prices, the digital assets space had a wild 2022. The problems may force regulators’ hands on the crypto space.

Bitcoin channel

19 Jan 2023 17:14

SSV DAO Starts $50M Fund to Push Ethereum's Decentralization Plan
https://www.coindesk.com/business/2023/01/19/ssv-dao-starts-50m-fund-to-push-ethereums-decentralization-plan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The fund announcement follows SSV's $2 million grant distribution last year to help teams develop staking projects on Ethereum.

Bitcoin channel

19 Jan 2023 17:12

Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
https://www.coindesk.com/business/2023/01/19/raydium-exchange-exploiter-sends-27m-to-tornado-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to controversial coin mixing protocol Tornado Cash.

Bitcoin channel

19 Jan 2023 16:51

What Black Investors Can Teach You About Bitcoin
https://bitcoinmagazine.com/culture/black-investors-teach-you-about-bitcoin

Many Black Americans have turned to bitcoin to find a new kind of financial success.

Bitcoin channel

19 Jan 2023 13:49

Avalanche DEX Trader Joe Plans to Make its Tokens More Valuable for Users
https://www.coindesk.com/markets/2023/01/19/avalanche-dex-trader-joe-plans-to-make-its-tokens-more-valuable-for-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The platform aims to expand to Arbitrum and BNB Chain in the coming weeks and is changing part of how its tokens are rewarded and distributed.

Bitcoin channel

19 Jan 2023 10:27

Binance Named as Counterparty in FinCEN Order Against Bitzlato
https://www.coindesk.com/business/2023/01/19/binance-named-as-counterparty-in-fincen-order-against-bitzlato/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance, the world's largest crypto exchange was named as a counterparty in a FinCEN order against little-known cryptocurrency exchange, Bitzlato.

Bitcoin channel

19 Jan 2023 08:42

Circle Ventures Backs $4M Round for Blockchain-Based Debt Provider Obligate
https://www.coindesk.com/business/2023/01/19/circle-ventures-backs-4m-round-for-blockchain-based-debt-provider-obligate/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The startup, formerly known as FQX, lets companies raise money through debt securities.

Bitcoin channel

19 Jan 2023 00:53

Crypto Technology’s Impact Goes Beyond Crypto Technology
https://www.coindesk.com/consensus-magazine/2023/01/18/crypto-technologys-impact-goes-beyond-crypto-technology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Token-based fundraising can help more than underserved markets, projects and entrepreneurs, says CoinDesk columnist Noelle Acheson. It can also help other new technologies evolve.

Bitcoin channel

19 Jan 2023 00:51

ConsenSys Confirms Job Cuts; CEO Lubin Touts a Win for Decentralization Over 'Ridiculous' CeFi
https://www.coindesk.com/business/2023/01/18/consensys-confirms-job-cuts-ceo-lubin-touts-a-win-for-decentralization-over-ridiculous-cefi/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A total of 97 employees, or 11% of the workforce, will be affected, according to a blog post by the CEO.

Bitcoin channel

18 Jan 2023 22:55

Bitcoin Price And Risk Assets Jump In Correlated Move
https://bitcoinmagazine.com/markets/bitcoin-price-correlates-with-risk-assets

Bitcoin price correlates with high-beta stocks in the recent move upward. Global liquidity is increasing as financial conditions loosen.

Bitcoin channel

18 Jan 2023 22:22

Crypto Brokerage Genesis Global Capital May Be Nearing Bankruptcy Filing: Reports
https://www.coindesk.com/business/2023/01/18/crypto-lender-genesis-global-capital-may-be-nearing-bankruptcy-filing-reports/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Genesis had previously halted customer withdrawals following FTX's epic collapse.

Bitcoin channel

18 Jan 2023 22:01

Okcoin And Paradigm Announce New Grant Awarded To Bitcoin Core Maintainer Marco Falke
https://bitcoinmagazine.com/business/okcoin-paradigm-announce-bitcoin-core-grant

The new grant, in partnership with Paradigm, will bring Okcoin’s support of Bitcoin Core development to $1.5 million.

Bitcoin channel

19 Jan 2023 17:49

The =nil; Foundation Raises $22M to Build Marketplace for Zero-Knowledge Proofs
https://www.coindesk.com/tech/2023/01/19/the-nil-foundation-raises-22m-to-build-marketplace-for-zero-knowledge-proofs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The funding round led by Polychain Capital aims to make zero knowledge projects more decentralized, and easier to build.

Bitcoin channel

19 Jan 2023 17:48

Crypto Trading Giant QCP Capital Expects Fed to Be Irate as Financial Conditions Ease
https://www.coindesk.com/markets/2023/01/19/crypto-trading-giant-qcp-capital-predicts-irate-fed-as-financial-conditions-ease/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The recent risk revival in traditional markets and cryptocurrencies may not sustain as the U.S. central bank is still fighting inflation, the Singapore-based crypto options trading firm said.

Bitcoin channel

19 Jan 2023 17:47

Crypto Markets Today: Bitcoin Falls Below $21K; Genesis Nears Bankruptcy Filing; Bitzlato Founder Arrested
https://www.coindesk.com/markets/2023/01/18/crypto-markets-today-bitcoin-falls-below-21k-genesis-nears-bankruptcy-filing-bitzlato-founder-arrested/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin fell 2% to trade at the $20,700 level, while ether was trading down 3% to the $1,530 level. Equities closed down.

Bitcoin channel

19 Jan 2023 17:16

Ethereum Development Firm Flashbots Eyes Unicorn Status as it Seeks to Raise $50M: Report
https://www.coindesk.com/business/2023/01/19/ethereum-development-firm-flashbots-eyes-unicorn-status-as-it-seeks-to-raise-50m-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto venture firm Paradigm has committed to leading the investment, according to the report.

Bitcoin channel

19 Jan 2023 17:13

Ransomware Variants Are on the Rise, But Overall Gains Decline: Chainalysis
https://www.coindesk.com/business/2023/01/19/ransomware-variants-are-on-the-rise-but-overall-gains-decline-chainalysis/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Victims appear to have become less willing to pay, according to a new report.

Bitcoin channel

19 Jan 2023 16:52

CleanSpark Breaks Ground On 50 Megawatt Bitcoin Mining Expansion
https://bitcoinmagazine.com/business/cleanspark-50-megawatt-bitcoin-mining-expansion

The mining firm will nearly double its existing infrastructure, adding up to 50 Megawatts to the 36 Megawatts already in use.

Bitcoin channel

19 Jan 2023 13:51

Crypto Exchange BitMart to Join Custodian Copper’s ClearLoop Network
https://www.coindesk.com/business/2023/01/19/crypto-exchange-bitmart-to-join-custodian-coppers-clearloop-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Institutional clients will be able to trade on the BitMart exchange while their digital assets remain safeguarded in Copper’s custody.

Bitcoin channel

19 Jan 2023 13:48

Ethereum Name Service's Governance Proposal Outlines Intention to Sell 10,000 ETH
https://www.coindesk.com/business/2023/01/19/ethereum-name-services-governance-proposal-outlines-intention-to-sell-10000-eth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A draft governance proposal put forward by a member of the Ethereum Name Service (ENS) DAO suggests liquidating 10,000 ethereum to cover operating costs over the next two years.

Bitcoin channel

19 Jan 2023 08:43

National Australia Bank Becomes Second Australian Bank to Build Stablecoin: Report
https://www.coindesk.com/business/2023/01/19/national-australia-bank-becomes-second-australian-bank-to-build-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The National Australia Bank (NAB), one of the four biggest Australian banks, has created a stablecoin called AUDN.

Bitcoin channel

19 Jan 2023 03:04

First Mover Asia: FTX’s Illiquid Holdings Filled With Tokens That Sit in Venture Funds in Which It Invested; Bitcoin Falls Below $21K
https://www.coindesk.com/markets/2023/01/19/first-mover-asia-ftxs-illiquid-holdings-filled-with-tokens-that-sit-in-venture-funds-in-which-it-invested-bitcoin-falls-below-21k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A good portion of FTX's illiquid tokens can be found on the balance sheet of funds, including Sino Global and Multicoin Capital. FTX invested in these funds, and their names often appear alongside FTX as co-investors in projects.

Bitcoin channel

19 Jan 2023 00:52

Crypto Lawyers Share Blame for FTX, Other Disasters, CFTC Commissioner Says
https://www.coindesk.com/policy/2023/01/18/crypto-lawyers-share-blame-for-ftx-other-disasters-cftc-commissioner-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawyers, accountants and other financial professionals should have stepped in to halt the fatal mistakes going on inside crypto firms such as FTX long before they imploded, said Christy Goldsmith Romero, a commissioner with the U.S. Commodity Futures Trading Commission (CFTC).

Bitcoin channel

19 Jan 2023 00:50

Lido’s Total Value Locked Spiked 33% In Past Month, Becoming Largest DeFi Protocol by TVL, Says DeFiLlama
https://www.coindesk.com/markets/2023/01/18/lidos-total-value-locked-spiked-33-in-past-month-becoming-largest-defi-protocol-by-tvl-says-defillama/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users have deposited $7.8 billion into Lido to reap rewards for the protocol’s community-led validator staking service, heating up the liquid staking derivatives space.

Bitcoin channel

18 Jan 2023 22:22

Skybridge Capital Founder: The Time to Invest in Crypto Is Now
https://www.coindesk.com/business/2023/01/18/skybridge-capital-founder-the-time-to-invest-in-crypto-is-now/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Anthony Scaramucci says crypto is closer to a bottom and long term investors should be looking at the markets with a three to five year perspective in mind.

Bitcoin channel

18 Jan 2023 22:21

In Davos, Blockchain Yields More Promises Than Problems
https://www.coindesk.com/consensus-magazine/2023/01/18/in-davos-blockchain-yields-more-promises-than-problems/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

18 Jan 2023 20:42

U.S. Department Of Justice Shuts Down Crypto Exchange Bitzlato, CEO Arrested
https://bitcoinmagazine.com/legal/doj-shuts-down-bitzlato-crypto-exchange

The DOJ has charged the exchange with facilitating more than $700 million in illicit transactions tied to Russia, money laundering and criminal activity.