Bitcoin channel

26 Jan 2023 17:39

What Crypto Legislation Could Look Like for the US, UK and Europe
https://www.coindesk.com/consensus-magazine/2023/01/26/what-crypto-legislation-could-look-like-for-the-us-uk-and-europe/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Several regulatory initiatives are underway to expand oversight of this nascent industry, the former head of fintech at the U.K. Financial Conduct Authority writes.

Bitcoin channel

26 Jan 2023 17:38

Polygon Q4 Transaction Volatility Fueled by FTX Collapse, ZK Rollup Testing, Nansen Says
https://www.coindesk.com/tech/2023/01/26/polygon-q4-transaction-volatility-fueled-by-ftx-collapse-zk-rollup-testing-nansen-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A surge in daily addresses was partly due to the launch of Polygon’s zero-knowledge EVM public testnet. There were also new partnership deals with Starbucks and Instagram.

Bitcoin channel

26 Jan 2023 16:03

Web3 Infrastructure Startup Spatial Labs Raises $10M
https://www.coindesk.com/business/2023/01/26/web3-infrastructure-startup-spatial-labs-raises-10m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Blockchain Capital led the round for consumer goods-focused company.

Bitcoin channel

26 Jan 2023 16:01

Crypto Exchange BIT Expands Product Suit With Toncoin Options
https://www.coindesk.com/markets/2023/01/26/crypto-exchange-bit-expands-product-suit-with-toncoin-options/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The decision to introduce the options suggests growing investor interest in derivatives tied to alternative cryptocurrencies. TON is the native cryptocurrency of the decentralized layer 1 blockchain The Open Network.

Bitcoin channel

26 Jan 2023 15:07

FTX Owes Money to Netflix, Binance, Wall Street Journal, Filing Shows
https://www.coindesk.com/policy/2023/01/26/ftx-owes-money-to-netflix-binance-wall-street-journal-filing-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Lawyers for the bankrupt crypto exchange have published an extensive list of creditors that include media companies, airlines, universities and charities.

Bitcoin channel

26 Jan 2023 15:05

Crypto Exchange Mango Markets Sues Exploiter for $47M in Damages
https://www.coindesk.com/policy/2023/01/26/crypto-exchange-mango-markets-sues-exploiter-for-47m-in-damages/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mango Market wants its money back.

Bitcoin channel

26 Jan 2023 11:33

Coinbase Fined $3.6M by Dutch Regulator for Failure to Register
https://www.coindesk.com/policy/2023/01/26/coinbase-fined-36m-by-dutch-regulator-for-failure-to-register/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange contravened Dutch law by providing crypto services without registering, the central bank said.

Bitcoin channel

26 Jan 2023 04:03

Kevin Rose's NFT Wallet With 40 High-Value Collectibles Hacked
https://www.coindesk.com/web3/2023/01/25/kevin-rose-says-nft-wallet-with-dozens-of-high-value-collectibles-hacked/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Proof CEO was the victim of a phishing scam that drained millions of dollars worth of rare tokens, according to one estimate.

Bitcoin channel

26 Jan 2023 00:59

Metaverse-Focused Blockchain Lamina1 Promotes Rebecca Barkin From President to CEO
https://www.coindesk.com/business/2023/01/25/metaverse-focused-blockchain-lamina1-promotes-president-to-ceo/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Rebecca Barkin will retain her president title in addition to assuming the duties of CEO.

Bitcoin channel

26 Jan 2023 00:09

What You Need to Know About Crypto Regulation in Hong Kong, Singapore, Japan
https://www.coindesk.com/consensus-magazine/2023/01/25/asia-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Asia’s biggest financial centers seem eager to encourage the growth of the crypto industry while protecting consumers and preventing contagion if things go wrong.

Bitcoin channel

26 Jan 2023 00:09

Tesla Did Not Buy or Sell Any Bitcoin in the Fourth Quarter
https://www.coindesk.com/business/2023/01/25/tesla-did-not-buy-or-sell-any-bitcoin-in-the-fourth-quarter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The company reported $34 million in impairment charges to its bitcoin holdings, however.

Bitcoin channel

26 Jan 2023 00:08

Crypto Options Exchange Deribit Plans Move to Dubai: Report
https://www.coindesk.com/business/2023/01/25/crypto-options-exchange-deribit-plans-move-to-dubai-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Panama-based exchange is eyeing a regulatory approval in Dubai amid its larger global expansion.

Bitcoin channel

25 Jan 2023 23:03

US Needs ‘Rules of the Road’ for Crypto or Risk Falling Behind in Market Leadership
https://www.coindesk.com/consensus-magazine/2023/01/25/us-needs-rules-of-the-road-for-crypto-or-risk-falling-behind-in-market-leadership/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Linda Jeng of the Crypto Council for Innovation says the U.S. needs to establish clear crypto guidelines or it may run the risk of falling behind in innovation and market influence.

Bitcoin channel

25 Jan 2023 22:50

Mt Pelerin Crypto Exchange Adds Support For Bitcoin Lightning Network
https://bitcoinmagazine.com/business/mt-pelerin-adds-support-for-bitcoin-lightning

The Swiss cryptocurrency exchange will now allow deposits and withdrawals through the Lightning Network.

Bitcoin channel

25 Jan 2023 22:01

DYDX Token Surges as Unlock Gets Delayed Until December
https://www.coindesk.com/business/2023/01/25/dydx-token-surges-21-as-report-says-token-unlock-delayed-until-december/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Next month's 150 million token unlock has been reduced, with 83 million tokens allocated to investors being locked until December.

Bitcoin channel

26 Jan 2023 17:39

Chalk and Cheese: When Crypto Assets Meet the Securities Laws
https://www.coindesk.com/consensus-magazine/2023/01/26/crypto-assets-securities-law/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It's difficult to pinpoint how a majority of crypto assets can practically function without radically reimaging the current set of securities laws, Lewis Cohen, co-founder of DLx Law, writes.

Bitcoin channel

26 Jan 2023 16:04

Conflux Token Spikes 60% as Blockchain Integrates China’s Version of Instagram
https://www.coindesk.com/business/2023/01/26/conflux-token-spikes-60-as-it-integrates-chinas-version-of-instagram/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

200 million users will now be able to display Conflux NFTs on their Little Red Book profile pages.

Bitcoin channel

26 Jan 2023 16:02

Crypto Thaw May Be Premature but Advisors Should Prepare for Winter’s End
https://www.coindesk.com/markets/2023/01/26/crypto-thaw-may-be-premature-but-advisors-should-prepare-for-winters-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

When crypto winter ends and investment activity blossoms once again in the digital assets space, financial advisors should be prepared to hear a new litany of questions from clients about the risks and opportunities in cryptocurrencies.

Bitcoin channel

26 Jan 2023 16:00

First Mover Americas: Aptos’ Token Surges to Record High
https://www.coindesk.com/markets/2023/01/26/first-mover-americas-bitcoin-tops-21k-outshines-sp-500-gold/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Jan. 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

26 Jan 2023 15:06

Elizabeth Warren Praises SEC Chief Gensler, Slams Crypto Lobby
https://www.coindesk.com/policy/2023/01/26/elizabeth-warren-praises-sec-chief-gensler-slams-crypto-lobby/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. Securities and Exchange Commission has been "loud and clear" that crypto doesn't get a "pass" from longstanding consumer protection laws, she said.

Bitcoin channel

26 Jan 2023 11:34

Ex-UK Chancellor Philip Hammond Urges Accelerated Efforts to Become Crypto Hub: FT
https://www.coindesk.com/policy/2023/01/26/ex-uk-chancellor-philip-hammond-urges-accelerated-efforts-to-become-crypto-hub-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Hammond, chair of custody company Copper, said the U.K. is falling behind neighboring countries and needs to accept "measured risk."

Bitcoin channel

26 Jan 2023 05:06

First Mover Asia: Bitcoin Tops $23.7K in Wednesday Comeback
https://www.coindesk.com/markets/2023/01/26/first-mover-asia-bitcoin-tops-237k-in-wednesday-comeback/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The largest cryptocurrency by market capitalization regained ground lost in a late Tuesday swoon. ALSO: Laguna Labs CEO Stefan Rust discusses Genesis and bitcoin's short-term prospects in a CoinDesk Q&A.

Bitcoin channel

26 Jan 2023 04:02

Why Is Crypto Bouncing Back?
https://www.coindesk.com/consensus-magazine/2023/01/25/why-is-crypto-bouncing-back/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

26 Jan 2023 00:58

How Industry Can Prevent the Crypto Winter From Becoming an Ice Age
https://www.coindesk.com/consensus-magazine/2023/01/25/cryptocurrency-crisis-repair/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Recognizing that crypto has to be regulated as part of the regular economy is a first step to arguing for rules tailored to its unique innovations, says John Rizzo.

Bitcoin channel

26 Jan 2023 00:09

Robinhood’s Twitter Account Promotes Scam Token on Binance’s BNB Chain in Unauthorized Posts
https://www.coindesk.com/business/2023/01/25/robinhoods-twitter-account-promotes-scam-token-on-binances-bnb-chain-in-unauthorized-posts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Block explorer BscScan shows roughly $16K flowed into the promoted coin.

Bitcoin channel

26 Jan 2023 00:08

Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
https://www.coindesk.com/business/2023/01/25/crypto-exchange-bithumb-owners-arrest-requested-by-south-korean-prosecutors-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.

Bitcoin channel

25 Jan 2023 23:04

Layer 1 Blockchain Aptos Token Reaches All-Time High
https://www.coindesk.com/markets/2023/01/25/layer-1-blockchain-aptos-token-reaches-all-time-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The layer 1 blockchain’s token has been surging since the start of the year, but some traders expect the rally to be short lived.

Bitcoin channel

25 Jan 2023 23:03

Crypto Exchange Luno Cutting 35% of Its Staff
https://www.coindesk.com/business/2023/01/25/crypto-exchange-luno-cutting-35-of-its-staff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Luno said the cuts will affect employees in all regions.

Bitcoin channel

25 Jan 2023 22:01

'Bitcoin Jesus' Says He Has the Money to Pay Ailing Crypto Lender Genesis
https://www.coindesk.com/tech/2023/01/25/bitcoin-jesus-says-he-has-the-money-to-pay-ailing-crypto-lender-genesis/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Roger Ver, an early Bitcoin advocate who now advocates for the Bitcoin Cash blockchain, has been accused in court by Genesis of failing to settle cryptocurrency options, with $20.9 million of damages sought.

Bitcoin channel

25 Jan 2023 22:00

How Self-Regulation Can Help Crypto Thrive
https://www.coindesk.com/consensus-magazine/2023/01/25/crypto-self-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Successfully implementing self-regulation in the blockchain ecosystem is imperative, no matter what decisions and laws external forces might make.