Artists Weigh In on the Battle Over NFT Creator Royalties
https://www.coindesk.com/web3/2023/01/30/artists-weigh-in-on-the-battle-over-nft-creator-royalties/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
While some NFT marketplaces have switched to royalty-optional models, artists behind PFP collections, one-of-one designs and music NFTs share different thoughts on the future of royalty fees.
Investors Pump Money Into Crypto Funds Amid Pickup in Market Sentiment
https://www.coindesk.com/markets/2023/01/30/investors-pump-money-into-crypto-funds-amid-pickup-in-market-sentiment/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin dominated this week's inflows, accounting for almost all of the $117 million coming in.
Fantom Blockchain to Release Version 2 of fUSD Stablecoin
https://www.coindesk.com/tech/2023/01/30/fantom-blockchain-to-release-version-2-of-fusd-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The migration from version 1 will result in liquidations of any positions where fUSD debt is equal to or greater than the FTM backing it.
Australian Regulator Had Internally Raised Concerns on FTX
https://www.coindesk.com/policy/2023/01/30/australian-regulator-had-internally-raised-concerns-on-ftx/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
56 documents published by ASIC shows that the regulator was assessing some products offered by FTX in the country.
First Mover Asia: Amazon’s Web3 Foray Will Be a Compliance Nightmare; Bitcoin Tops $23.9K
https://www.coindesk.com/markets/2023/01/30/first-mover-asia-amazons-web3-foray-will-be-a-compliance-nightmare-bitcoin-tops-239k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The retail giant’s initiative, especially in NFTs, may force some regulatory clarity for digital assets. Cryptos surge in Sunday trading.
DOJ Claims Sam Bankman-Fried Tried to Influence Witness Testimony, Asks for Communications Ban
https://www.coindesk.com/policy/2023/01/28/doj-claims-sam-bankman-fried-tried-to-influence-witness-testimony-asks-for-communication-ban/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Federal prosecutors wrote a letter to U.S. District Court Judge Lewis Kaplan on Friday, requesting that he modify the conditions of Sam Bankman-Fried’s bail to include ban on private communications with current and former employees of FTX and Alameda Research.
Proof Reveals Artists Behind Grails III NFT Release, Urging Collectors to Appreciate Digital Art Over Hype
https://www.coindesk.com/web3/2023/01/27/proof-reveals-artists-behind-grails-iii-nft-release-urging-collectors-to-appreciate-digital-art-over-hype/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The 20 artists behind the latest installment of the NFT collective’s Grails project, including Matt Kane, All Seeing Seneca and Josie Bellini, were revealed post-mint.
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation
https://www.coindesk.com/policy/2023/01/27/white-house-calls-on-congress-to-step-up-its-efforts-on-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Officials in the Biden administration urged Congress on Friday to expand the authority of regulators to police the crypto industry.
Better Policy Can Turn NFTs Into an Intellectual Property Powerhouse
https://www.coindesk.com/consensus-magazine/2023/01/27/better-policy-can-turn-nfts-into-an-intellectual-property-powerhouse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Why Real Regulatory Change In Crypto Has Not Happened
https://www.coindesk.com/consensus-magazine/2023/01/27/reforming-cryptocurrency-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Legislators need to educate themselves on Web3 if they care about protecting consumers, Steven Eisenhauer, chief risk and compliance officer at Ramp, writes.
Web3 Loyalty Programs Are a Trojan Horse for Good Crypto Policy
https://www.coindesk.com/consensus-magazine/2023/01/26/web3-loyalty-programs-are-a-trojan-horse-for-good-crypto-policy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
https://www.coindesk.com/consensus-magazine/2023/01/27/regulatory-clarity-financial-watchdogs-could-not-be-more-clear/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Custodia Bank Denied Federal Reserve System Membership
https://www.coindesk.com/policy/2023/01/27/custodia-bank-denied-federal-reserve-system-membership/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
Biden Administration Releases Roadmap To Mitigate Cryptocurrency Risks
https://bitcoinmagazine.com/legal/biden-admin-roadmap-cryptocurrency-risks
The White House has unveiled a roadmap to reduce risks associated with the wider cryptocurrency industry.
BlockFi’s $10M Staff Bonus Package Approved by New Jersey Judge
https://www.coindesk.com/policy/2023/01/27/blockfis-10m-staff-bonus-package-approved-by-new-jersey-judge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Senior staff gained large pay rises as the crypto lender shed staff last year, shortly before it filed for bankruptcy
Binance lanza tarjeta cripto prepaga en Brasil en asociación con Mastercard
https://www.coindesk.com/es/business/2023/01/30/binance-lanza-tarjeta-cripto-prepaga-en-brasil-en-asociacion-con-mastercard/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
La tarjeta permitirá realizar pagos con 13 criptomonedas, incluyendo bitcoin, ether y Binance USD.
Crypto India Looks for Relief but Holds Out Little Hope in Budget Speech
https://www.coindesk.com/policy/2023/01/30/crypto-india-looks-for-relief-but-holds-out-little-hope-in-budget-speech/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
India is unlikely to change its restrictive crypto tax rules when Finance Minister Nirmala Sitharaman unveils the country’s new budget on Wednesday, CoinDesk has learned.
A Presidential Visit To Madeira: Is This Island The Next Bitcoin Paradise?
https://bitcoinmagazine.com/culture/will-madeira-become-bitcoin-paradise
On a visit to the Portuguese island of Madeira, a delegation of Bitcoiners surfed, met with the president and extended Bitcoin adoption.
Floki Inu DAO Passes Proposal to Burn Over $100M Worth of Tokens
https://www.coindesk.com/markets/2023/01/30/floki-inu-dao-passes-proposal-to-burn-over-100m-worth-of-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FLOKI prices have rallied more than 100% in the past week.
Sam Bankman-Fried Seeks Right to Transfer FTX's Crypto
https://www.coindesk.com/policy/2023/01/28/sam-bankman-fried-seeks-right-to-transfer-ftxs-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Lawyers for the bankrupt crypto exchange's founder said there was no evidence for restricting access to crypto held by FTX as part of bail conditions in a fraud trial.
WazirX Says Binance Lied About Ownership as Dispute About India’s Largest Exchange Escalates
https://www.coindesk.com/business/2023/01/27/wazirx-says-binance-lied-about-ownership-as-dispute-about-indias-largest-exchange-escalates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The back-and-forth about the ownership of WazirX could have a devastating effect on the Indian exchange and its users.
Crypto Markets Today: Bitcoin Holds Steady Above $23K, White House Urges Congress to 'Step Up' Crypto Regulation
https://www.coindesk.com/markets/2023/01/27/crypto-markets-today-bitcoin-holds-steady-above-23k-white-house-urges-congress-to-step-up-crypto-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Also: Polygon’s MATIC token gained 8%, while Arbitrum-based decentralized trading platform Vela Exchange's DXP token surged 26%. Equities closed up.
Bitcoin Holds Steady Above $23K as Traders Eye Fed’s Next Meeting
https://www.coindesk.com/markets/2023/01/27/bitcoin-holds-steady-above-23k-as-traders-eye-feds-next-meeting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin and ether have outperformed equities this year. The FOMC’s decision on rates looms large over markets.
You Want Crypto Regulation? I’ll Give You Crypto Regulation
https://www.coindesk.com/consensus-magazine/2023/01/26/crypto-laws-us-protect-consumers-custody-exchange-separation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Maybe Congress should separate custody from exchange, the way it severed Wall Street from commercial banking nearly a century ago. This piece is part of CoinDesk’s Policy Week.
Japan Embraces Web3 As Global Regulators Grow Wary of Crypto
https://www.coindesk.com/consensus-magazine/2023/01/26/japan-embracing-crypto-industry-web3-dao-nft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses suffered elsewhere in the world, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future.
Bitcoin Sellers Exhausted, Accumulators HODL The Line
https://bitcoinmagazine.com/markets/bitcoin-sellers-exhausted-accumulators-hodl
Bitcoin supply-side dynamics and on-chain indicators look to be as strong as ever, but macroeconomic headwinds remain for legacy and risk assets.
Crypto Custodian Prime Trust to Cease Operations in Texas at End of January
https://www.coindesk.com/policy/2023/01/27/crypto-custodian-prime-trust-to-cease-operations-in-texas-at-end-of-january/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The firm withdrew its Texas Money Transmitter License application but says it intends to reapply "swiftly."
UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
https://www.coindesk.com/business/2023/01/27/uk-man-sentenced-to-4-years-in-jail-for-stealing-25m-in-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday.
Senator Ted Cruz Is Bringing Bitcoin To The Capitol With Vending Machines
https://bitcoinmagazine.com/legal/sen-ted-cruz-wants-capitol-vendors-accept-bitcoin
The Texas Senator has introduced a resolution requesting Capitol vendors to accept bitcoin.
Jihan Wu's Matrixport Cuts 10% of Staff
https://www.coindesk.com/business/2023/01/27/jihan-wus-matrixport-cuts-10-of-staff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
At press time, Matrixport had more than 290 employees serving customers in 40 countries.