Bitcoin channel

31 Jan 2023 19:37

US Senators Press Crypto Bank Silvergate on Ties to FTX: Bloomberg
https://www.coindesk.com/policy/2023/01/31/us-senators-press-crypto-bank-silvergate-on-ties-to-ftx-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The lawmakers said in a letter that Silvergate’s previous responses to queries were “evasive and incomplete.”

Bitcoin channel

31 Jan 2023 17:18

Strike Launches Instant, Cheap Remittances For The Philippines Using Bitcoin Lightning
https://bitcoinmagazine.com/business/strike-launches-remittances-to-philippines

U.S. users of Strike can now use Send Globally to send instant, cheap remittances to loved ones in the Philippines.

Bitcoin channel

31 Jan 2023 15:53

The Four Worst Ways To Attack Bitcoin
https://bitcoinmagazine.com/culture/four-ways-not-to-attack-bitcoin

In his latest book, Nouriel Roubini demonstrates the worst ways to try and attack Bitcoin.

Bitcoin channel

31 Jan 2023 11:34

Hong Kong to Require Stablecoin Licensing as Early as This Year
https://www.coindesk.com/policy/2023/01/31/hong-kong-to-require-stablecoin-licensing-as-early-as-this-year/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Algorithmic stablecoins like terraUSD will not be accepted under the planned regulatory regime, the Hong Kong Monetary Authority said.

Bitcoin channel

31 Jan 2023 11:31

Celsius Used New Customer Funds to Pay for Withdrawals: Independent Examiner
https://www.coindesk.com/policy/2023/01/31/celsius-used-new-customer-funds-to-pay-for-withdrawals-independent-examiner/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shoba Pillay was appointed by a New York bankruptcy court to look at whether the crypto lender operated as a Ponzi scheme

Bitcoin channel

31 Jan 2023 11:28

NFT Marketplace SudoSwap Airdrops Tokens to Liquidity Providers and 0xmon Holders
https://www.coindesk.com/markets/2023/01/31/nft-marketplace-sudoswap-airdrops-tokens-to-liquidity-providers-and-0xmon-holders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

SUDO holders can vote on on-chain governance proposals, and the tokens are initially non-transferrable.

Bitcoin channel

31 Jan 2023 07:15

Judge Rules Identities of 2 Parties Who Backed Sam Bankman-Fried’s $250B Bond Can Be Revealed
https://www.coindesk.com/policy/2023/01/30/judge-rules-identities-of-2-parties-who-backed-sam-bankman-frieds-250b-bond-can-be-revealed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A number of media companies filed to get the court to release the names of the people who co-signed Bankman-Fried’s $250 million bail bond.

Bitcoin channel

31 Jan 2023 03:07

Bitcoin Suisse Chairman Says EU Won’t Ban Crypto, But It May Seek to Contain It
https://www.coindesk.com/policy/2023/01/30/bitcoin-suisse-chairman-says-eu-wont-ban-crypto-but-it-may-seek-to-contain-it/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Luzius Meisser, chairman of the Swiss crypto firm, weighs in on why the E.U. is likely to try to build a firewall around crypto rather than prohibit its use altogether.

Bitcoin channel

31 Jan 2023 03:05

Crypto Markets Today: Bitcoin Dips Below $23K Ahead of Fed’s Meeting
https://www.coindesk.com/markets/2023/01/30/crypto-markets-today-bitcoin-dips-below-23k-ahead-of-feds-meeting/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Also: The Sandbox’s SAND token surges ahead of its token unlock. Equities close lower.

Bitcoin channel

30 Jan 2023 23:47

First Mover Americas: Bitcoin Was Weekend Warrior
https://www.coindesk.com/markets/2023/01/30/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. 30, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

30 Jan 2023 23:45

Binance Partners With Mastercard to Launch Prepaid Crypto Card in Brazil
https://www.coindesk.com/business/2023/01/30/binance-partners-with-mastercard-to-launch-prepaid-crypto-card-in-brazil/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The card will allow payments with 13 cryptocurrencies, including bitcoin, ether and Binance USD.

Bitcoin channel

30 Jan 2023 23:43

Sandbox’s SAND Surges 90% Since Start of Year Ahead of Token Unlock
https://www.coindesk.com/markets/2023/01/30/sandboxs-sand-surges-90-since-start-of-year-ahead-of-token-unlock/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The unlock, scheduled for mid February, will release 12% to the token’s supply.

Bitcoin channel

30 Jan 2023 23:41

Crypto Exchange Gemini Emphasized FDIC Insurance in Communications With Earn Customers: Report
https://www.coindesk.com/policy/2023/01/30/crypto-exchange-gemini-emphasized-fdic-insurance-in-communications-with-earn-customers-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Gemini reportedly claimed repeatedly that its the assets of customers using its Earn product were safe thanks to being backed by the FDIC

Bitcoin channel

30 Jan 2023 22:00

Twitter Prepping For Payments, Could Include Bitcoin And Crypto: FT
https://bitcoinmagazine.com/business/twitter-prepping-for-payments-could-include-bitcoin

Elon Musk’s Twitter is preparing to add payments functionality that could potentially include cryptocurrency, inside sources told the Financial Times.

Bitcoin channel

30 Jan 2023 20:46

Blockchain Scaling Project Sovereign Labs Raises $7.4 Million in Seed Round
https://www.coindesk.com/business/2023/01/30/blockchain-scaling-project-sovereign-labs-raises-74-million-in-seed-round/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The fundraise was led by Haun Ventures and included Maven 11, 1KX, Robot Ventures and Plaintext Capital.

Bitcoin channel

31 Jan 2023 19:36

Alameda Seeks to Recover $446M in Crypto Paid to Voyager After Lender's Bankruptcy
https://www.coindesk.com/policy/2023/01/30/alameda-seeks-to-recover-446m-in-crypto-paid-to-voyager-after-lenders-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Defunct crypto trading firm Alameda Research – one arm of FTX founder Sam Bankman-Fried's former empire – wants to regain around $446 million transferred to bankrupt lender Voyager Digital prior to Alameda's own bankruptcy filing, a new lawsuit says.

Bitcoin channel

31 Jan 2023 17:16

ZEBEDEE And Stattrak Launch New Esports Fantasy Product With Bitcoin Rewards
https://bitcoinmagazine.com/business/zebedee-and-stattrak-launch-bitcoin-esports-fantasy

Stattrak and ZEBEDEE have launched a new fantasy esports platform with real-money rewards in bitcoin for popular games.

Bitcoin channel

31 Jan 2023 15:52

German Asset Management Giant DekaBank To Offer Bitcoin And Crypto
https://bitcoinmagazine.com/business/german-bank-dekabank-to-offer-bitcoin

DekaBank, one of Germany’s largest asset managers, has selected Swiss crypto services provider Metaco to offer bitcoin related products to its clients.

Bitcoin channel

31 Jan 2023 11:32

DekaBank Selects Swiss Crypto Specialist Metaco to Steer Digital Asset Offering
https://www.coindesk.com/business/2023/01/31/dekabank-selects-swiss-crypto-specialist-metaco-to-steer-digital-asset-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The German banking giant chose Swiss cryptocurrency custody tech firm Metaco to develop its institutional digital asset offering.

Bitcoin channel

31 Jan 2023 11:29

Stablecoins Seem Unattractive as the Gap Between 3pool's APY and Treasury Yields Widens
https://www.coindesk.com/markets/2023/01/31/stablecoins-seem-unattractive-as-the-gap-between-3pools-apy-and-treasury-yields-widens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The annualized percentage yield from providing stablecoin liquidity on Curve's 3pool, also known as DeFi's savings bank account, is nearly 250 basis points less than the yield on the 10-year U.S. Treasury note.

Bitcoin channel

31 Jan 2023 07:16

Bitcoin Community Erupts In Existential Debate Over NFT Project Ordinals
https://www.coindesk.com/tech/2023/01/31/bitcoin-community-erupts-in-existential-debate-over-nft-project-ordinals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Some are calling the new protocol, which stores NFTs on Bitcoin, as an attack on the blockchain's original mission to conduct financial transactions, while others say the new use case should be embraced alongside other demands for block space.

Bitcoin channel

31 Jan 2023 07:14

First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether, in the Red.
https://www.coindesk.com/markets/2023/01/31/first-mover-asia-centralized-exchange-tokens-post-solid-gains-in-january-despite-sec-interest-bitcoin-ether-in-the-red/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month.

Bitcoin channel

31 Jan 2023 03:06

Crypto Services Company Prime Trust Lays Off One-Third of Staff
https://www.coindesk.com/business/2023/01/30/crypto-services-company-prime-trust-lays-off-one-third-of-staff/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Prime Trust laid off staffers in its communications and compliance as it navigated a rocky start to 2023.

Bitcoin channel

30 Jan 2023 23:48

Crypto Trading Firm Cumberland Can Trade Crypto With Canadian Dollars
https://www.coindesk.com/business/2023/01/30/crypto-trading-firm-cumberland-can-trade-crypto-with-canadian-dollars/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move comes one week after Cumberland inked a deal Canada-based crypto platform BitBuy to boost liquidity on that exchange.

Bitcoin channel

30 Jan 2023 23:46

DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement
https://www.coindesk.com/tech/2023/01/30/defi-project-friktions-shutdown-said-to-stem-partly-from-founder-disagreement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project.

Bitcoin channel

30 Jan 2023 23:44

Premier League Inks Deal With Digital Trading Card Platform Sorare
https://www.coindesk.com/web3/2023/01/30/premier-league-inks-deal-with-digital-trading-card-platform-sorare/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The English soccer league has been considering a partnership with a crypto platform to expand its NFT offerings since 2021.

Bitcoin channel

30 Jan 2023 23:42

Crypto-Focused VC Firm Pantera’s Liquid Token Fund Lost 80% in 2022
https://www.coindesk.com/business/2023/01/30/panteras-liquid-token-fund-lost-80-in-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The fund took a 23% hit in November in the aftermath of FTX's collapse.

Bitcoin channel

30 Jan 2023 23:40

Code vs. Values: The Crypto Twist on ‘Trust’
https://www.coindesk.com/consensus-magazine/2023/01/30/code-vs-values-the-crypto-twist-on-trust/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The annual Edelman Trust Barometer shows that society has worsening trust issues. Crypto promises a different type of trust alternative and nudges us toward a new understanding of the word.

Bitcoin channel

30 Jan 2023 21:08

Mastercard And Binance To Offer Bitcoin, Crypto Card In Brazil
https://bitcoinmagazine.com/business/mastercard-binance-offer-crypto-card-in-brazil

The new bitcoin and crypto-backed prepaid Binance Card is coming to Brazil, one of the exchange’s largest markets.

Bitcoin channel

30 Jan 2023 20:44

Aptos Labs CEO Says NFTs Will Push Boundaries of Previous Generation Blockchains
https://www.coindesk.com/tech/2023/01/27/aptos-labs-ceo-says-nfts-will-push-boundaries-of-previous-generation-blockchains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Mohammad Shaikh, co-founder of the layer 1 blockchain, says in 2023, he predicts NFTs will be used as a means of payment and will also go mainstream, via big brand partnerships.