Bitcoin channel

25 Jan 2023 01:34

Genesis Seeks $20.9M From ‘Bitcoin Jesus’ Over Crypto Options Trades That Weren’t Settled
https://www.coindesk.com/tech/2023/01/24/genesis-seeks-209m-from-bitcoin-jesus-over-crypto-options-trades-that-werent-settled/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The court action seeks damages from the Bitcoin Cash backer Roger Ver related to the alleged failure to settle cryptocurrency options transactions that expired on Dec. 30, 2022.

Bitcoin channel

24 Jan 2023 23:50

El Salvador Pays Back $800M Maturing Bond, President Nayib Bukele Says
https://www.coindesk.com/policy/2023/01/24/el-salvador-pays-back-800m-maturing-bond-president-nayib-bukele-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The president took the media to task for not covering the repayment.

Bitcoin channel

24 Jan 2023 23:49

Date Set for Oral Arguments in Grayscale’s Appeal of SEC’s Bitcoin ETF Decision
https://www.coindesk.com/markets/2023/01/24/date-set-for-oral-arguments-in-grayscales-appeal-of-secs-bitcoin-etf-decision/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Arguments will begin on March 7, sooner than Grayscale had expected.

Bitcoin channel

24 Jan 2023 23:48

MiCA at the Door: How European Crypto Firms Are Getting Ready for Sweeping Legislation
https://www.coindesk.com/consensus-magazine/2023/01/24/european-union-mica-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Adapting how crypto exchanges operate under the new regulation won’t be easy, but it might make it easier for them to get bank accounts in Europe, says Anna Baydakova.

Bitcoin channel

24 Jan 2023 23:47

Porsche Hits Brakes on NFT Mint After Backlash
https://www.coindesk.com/web3/2023/01/24/porsche-hits-brakes-on-nft-mint-after-backlash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Fans of the German car manufacturer hit back against the mint’s high price and supply hours after it opened on Monday.

Bitcoin channel

24 Jan 2023 23:05

Blockstream Raises $125 Million For Bitcoin Mining Expansion
https://bitcoinmagazine.com/business/blockstream-raises-125-million-for-bitcoin-mining

Led by Kingsway Capital, Blockstream has raised $125 million for the purpose of expanding their institutional mining services.

Bitcoin channel

24 Jan 2023 22:33

SEC Is ‘Asleep at the Wheel,’ Rep. Davidson of Ohio Says
https://www.coindesk.com/policy/2023/01/24/sec-is-asleep-at-the-wheel-rep-davidson-of-ohio-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rep. Warren Davidson (R-Ohio) says the agency is “not getting the job done,” and it's up to Congress to “craft a policy” that makes it clear who is in charge of regulating specific areas of crypto.

Bitcoin channel

24 Jan 2023 22:32

At World Economic Forum This Year, Panels Debated Blockchain 'Case Studies'
https://www.coindesk.com/policy/2023/01/24/at-world-economic-forum-this-year-panels-debated-blockchain-case-studies/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In efforts to avoid association with the FTX collapse, conversations shifted away from "crypto" and more to specific applications of the underlying blockchain technology.

Bitcoin channel

24 Jan 2023 22:30

UK Treasury Is Looking for CBDC Head as It Explores Digital Pound
https://www.coindesk.com/policy/2023/01/24/uk-treasury-is-looking-for-cbdc-head-as-it-explores-digital-pound/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The country's government will introduce a consultation on its CBDC in the coming weeks.

Bitcoin channel

24 Jan 2023 20:19

EU Lawmakers Vote To Impose Strict Capital Requirements On Banks Holding Bitcoin And Crypto
https://bitcoinmagazine.com/legal/eu-capital-requirements-banks-holding-crypto

Banks would be allowed to hold 2% of capital in bitcoin, but required to have one euro in capital for every euro in cryptocurrency held.

Bitcoin channel

24 Jan 2023 17:32

World’s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders
https://bitcoinmagazine.com/business/bitcoin-atm-genesis-coin-acquired

Andrew Barnard and Doug Carrillo of Bitstop have announced the acquisition of Genesis Coin Inc.

Bitcoin channel

24 Jan 2023 16:11

Crypto Tax Proposed by Lawmakers to Fund EU Budget
https://www.coindesk.com/policy/2023/01/24/crypto-tax-proposed-by-lawmakers-to-fund-eu-budget/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Taxing capital gains, mining or crypto transactions are all being examined to fund the bloc’s $185 billion annual spending.

Bitcoin channel

24 Jan 2023 13:24

Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares
https://www.coindesk.com/business/2023/01/24/swiss-bank-cite-gestion-becomes-first-private-bank-to-tokenize-its-own-shares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The private bank is partnering with digital assets firm Taurus to issue and manage its tokenized shares.

Bitcoin channel

24 Jan 2023 05:16

NFT Management Application Floor Acquires Data Platform WGMI.io
https://www.coindesk.com/web3/2023/01/24/nft-management-application-floor-acquires-data-platform-wgmiio/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move will make the Floor user experience more expansive by showcasing data to help educate traders.

Bitcoin channel

24 Jan 2023 04:04

Porsche NFT Collection Fails to Gain Traction As Mint Kicks Into Gear
https://www.coindesk.com/web3/2023/01/23/porsche-nft-collection-fails-to-gain-traction-as-mint-kicks-into-gear/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The floor price of the collection on the secondary market fell below its minting price of 0.911 ETH in the hours after it opened to the public.

Bitcoin channel

25 Jan 2023 00:20

A 5-Pronged Approach to Sensible Crypto Regulation After FTX
https://www.coindesk.com/consensus-magazine/2023/01/24/us-crypto-regulation-approach/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mike Belshe, CEO of BitGo, outlines a modest, five-pronged approach to sensible regulation of crypto in the U.S. which could have prevented FTX.

Bitcoin channel

24 Jan 2023 23:49

Celsius Proposes Restructuring to Offer One-Time ‘Meaningful Recovery’ Payout for Most Creditors
https://www.coindesk.com/policy/2023/01/24/celsius-proposes-restructuring-to-offer-one-time-meaningful-recovery-payout-for-most-creditors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawyers for Celsius Network said Tuesday that the bankrupt crypto lender is planning to reinvent itself as a new, publicly traded “recovery corporation” in order to exit the bankruptcy process – something they said could happen in “months.”

Bitcoin channel

24 Jan 2023 23:49

How Policy Shaped Crypto’s Banking Prospects
https://www.coindesk.com/consensus-magazine/2023/01/24/how-policy-shaped-cryptos-banking-prospects/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

24 Jan 2023 23:48

Binance Mistakenly Mixed Crypto Exchange's Customer Funds With B-Token Collateral: Bloomberg
https://www.coindesk.com/business/2023/01/24/binance-mistakenly-mixed-crypto-exchanges-client-funds-with-b-token-collateral-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The world's largest crypto exchange by volume said it is in the process of transferring the collateral out of the shared wallet.

Bitcoin channel

24 Jan 2023 23:47

Twitch Co-Founder’s Gaming NFT Marketplace Expands to Polygon Network
https://www.coindesk.com/web3/2023/01/24/twitch-co-founders-gaming-nft-marketplace-expands-to-polygon-network/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Polygon Labs will also be making a strategic investment in Fractal to help expand its services.

Bitcoin channel

24 Jan 2023 22:34

EU Lawmakers Impose ‘Prohibitive’ Requirements on Banks’ Crypto Holdings
https://www.coindesk.com/policy/2023/01/24/eu-lawmakers-impose-prohibitive-requirements-on-banks-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The vote in the European Parliament's Economic and Monetary Affairs Committee is intended to anticipate international bank-capital norms.

Bitcoin channel

24 Jan 2023 22:33

French Lawmakers Soften Stance on Compulsory Crypto Licenses
https://www.coindesk.com/policy/2023/01/24/french-lawmakers-soften-stance-on-compulsory-crypto-licenses/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto industry advocates had been concerned about tougher rules in the wake of the FTX collapse, and as EU laws bed in.

Bitcoin channel

24 Jan 2023 22:31

Bullish Token Unlocks Buck Bear Market Trend in Spur to Altcoin Season
https://www.coindesk.com/business/2023/01/24/bullish-token-unlocks-buck-bear-market-trend-in-spur-to-altcoin-season/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The overcrowded short trade in the lead up to token unlocks is beginning to backfire, with several altcoins showing signs of strength into what is perceived to be a bearish event.

Bitcoin channel

24 Jan 2023 22:30

Investment Manager Wilshire Taps Crypto Trading Firm FalconX for Digital Assets Indexes
https://www.coindesk.com/business/2023/01/24/investment-manager-wilshire-taps-crypto-trading-firm-falconx-for-digital-assets-indexes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The two will jointly develop a set of single-coin, multicoin and thematic indexes for institutional investors with access to the crypto derivatives market.

Bitcoin channel

24 Jan 2023 18:19

QuickNode Raises $60M in Series B at $800M Valuation
https://www.coindesk.com/business/2023/01/24/quicknode-raises-60m-in-series-b-at-800m-valuation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto fund 10T Fund led the round TradFi giant Tiger Global was among the other backers.

Bitcoin channel

24 Jan 2023 16:13

EU Plans Digital Euro Bill, Metaverse Policy for May, Commission Says
https://www.coindesk.com/policy/2023/01/24/eu-plans-digital-euro-bill-metaverse-policy-for-may-commission-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The bill is set to underpin a putative new central bank digital currency , financial services commissioner Mairead McGuinness said

Bitcoin channel

24 Jan 2023 15:16

After the Failure Of Their Stablecoin Experiment, Iran And Russia Will Inevitably Adopt Bitcoin
https://bitcoinmagazine.com/culture/russia-iran-will-have-to-adopt-bitcoin

With their newly-announced stablecoin experiment doomed to fail, Russia and Iran will soon learn Bitcoin is the solution that they want.

Bitcoin channel

24 Jan 2023 05:17

First Mover Asia: Ether Prices Fall Relative to Bitcoin
https://www.coindesk.com/markets/2023/01/24/first-mover-asia-ether-prices-fall-relative-to-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The ETH/BTC currency pair has declined 8% since Jan 11, as the price increase in bitcoin has been more pronounced than ether’s; BTC hovers near $23K in Monday trading.

Bitcoin channel

24 Jan 2023 04:05

Ether Turns Deflationary Again Led by Spike in NFT Sales
https://www.coindesk.com/markets/2023/01/24/ether-turns-deflationary-again-led-by-spike-in-nft-sales/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Nearly one-fourth of ether burned stems from NFT trades over the past seven days, according to data from ultrasound.money.

Bitcoin channel

24 Jan 2023 01:18

FBI: North Korean Hackers Behind $100 Million Horizon Bridge Theft
https://www.coindesk.com/policy/2023/01/23/fbi-north-korean-hackers-behind-100-million-horizon-bridge-theft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A pair of North Korean hacker groups were behind the June theft of $100 million in crypto assets from Horizon Bridge, the Federal Bureau of Investigation (FBI) said in a Monday statement.