Bitcoin channel

01 Feb 2023 05:47

First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable, as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
https://www.coindesk.com/markets/2023/02/01/first-mover-asia-lido-dao-governance-token-down-staked-ether-stable-as-withdrawal-proposal-comes-into-focus-bitcoin-rises-as-fed-rate-decision-nears/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

While the DAO has yet to formally see the proposal to allow withdrawals from stETH, Galaxy Digital has already been critical, and the Lido governance token has fallen about 15% from its high last week week.

Bitcoin channel

01 Feb 2023 02:11

ImmutableX to Launch All-In-One Passport System to Onboard New Gamers Into Web3
https://www.coindesk.com/web3/2023/01/31/immutablex-to-launch-all-in-one-passport-solution-to-onboard-new-gamers-into-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The new tool, scheduled to launch in April 2023, will act as a non-custodial wallet, gamer profile and authentication solution for Web3 gamers.

Bitcoin channel

01 Feb 2023 01:53

Decentralized ‘Twitter Killer’ Nostr Goes Live On Apple’s App Store
https://bitcoinmagazine.com/culture/twitter-killer-nostr-apple-app-store

Nostr, an open protocol that promises to substitute centrally-controlled social networks such as Twitter, is now live on the Apple App Store with Damus.

Bitcoin channel

01 Feb 2023 00:17

UK Finance Ministry to Propose Broad Rules for Crypto, Invites Industry Feedback
https://www.coindesk.com/policy/2023/01/31/uk-finance-ministry-proposes-broad-rules-for-crypto-invites-industry-feedback/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes.

Bitcoin channel

01 Feb 2023 00:15

Crypto Bank Silvergate Shares Move Higher After BlackRock Boosts Stake
https://www.coindesk.com/markets/2023/01/31/crypto-bank-silvergate-shares-move-higher-after-blackrock-boosts-stake/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The troubled crypto bank gained nearly 10% in Tuesday's session.

Bitcoin channel

31 Jan 2023 23:27

Investment Manager Hamilton Lane Opens Tokenized Fund on Polygon Blockchain
https://www.coindesk.com/business/2023/01/31/investment-manager-hamilton-lane-opens-first-tokenized-fund-with-securitize/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Polygon-backed feeder makes the flagship direct equity fund available to more investors.

Bitcoin channel

31 Jan 2023 23:26

Wormhole Wins Vote to Be Uniswap’s Designated Bridge to BNB Chain
https://www.coindesk.com/tech/2023/01/31/wormhole-wins-vote-to-be-uniswaps-designated-bridge-to-bnb-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Uniswap aims to deploy its V3 decentralized exchange on BNB Chain before its business source license expires on April 1. LayerZero, a target of recent criticism for under-publicized security risks, finished second in the voting.

Bitcoin channel

31 Jan 2023 23:20

Ordinals Project Launches Enabling NFTs Directly On Bitcoin
https://bitcoinmagazine.com/technical/ordinals-launch-nft-on-bitcoin

The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin.

Bitcoin channel

31 Jan 2023 21:38

Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report
https://www.coindesk.com/policy/2023/01/31/crypto-exchange-bitzlato-says-it-plans-to-resume-operations-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exchange had been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals.

Bitcoin channel

31 Jan 2023 21:36

Metaverse Tokens Outperforming Bitcoin in January
https://www.coindesk.com/markets/2023/01/31/metaverse-tokens-outperforming-bitcoin-in-january/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Decentraland’s MANA has surged 152% for the month, while The Sandbox’s SAND is up over 90%.

Bitcoin channel

31 Jan 2023 20:59

Fiat Ruins Work But Bitcoin Rewards Those Who Add Value
https://bitcoinmagazine.com/culture/bitcoin-kills-rent-seeking

How have Big Tech companies laid off so many with no consequences to their operations? Because fiat incentivizes meaningless rent seeking.

Bitcoin channel

31 Jan 2023 19:46

Kazakhstan Looks to Tighten Rules for Crypto Exchanges After FTX Collapse
https://www.coindesk.com/policy/2023/01/31/kazakhstan-looks-to-tighten-rules-for-crypto-exchanges-after-ftx-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Astana Financial Services Authority is seeking market feedback on new rules targeting operational resilience and separation of customer assets.

Bitcoin channel

31 Jan 2023 19:44

Bitcoin Miner Greenidge Generation Restructures Another $11M of Debt
https://www.coindesk.com/business/2023/01/31/bitcoin-miner-greenidge-generation-restructures-another-11m-of-debt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The deal with B. Riley will push off repayment dates and use Greenidge stock to pay off some of the funds.

Bitcoin channel

31 Jan 2023 19:42

Strike Expands Lightning Network-Powered Remittances to Philippines
https://www.coindesk.com/tech/2023/01/31/strike-expands-lightning-powered-remittances-to-philippines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Philippines is one of the world’s largest remittance markets, at $35 billion.

Bitcoin channel

31 Jan 2023 19:40

The NFT Community Could Forgive BAYC Founders’ Esoteric Interests
https://www.coindesk.com/consensus-magazine/2023/01/31/the-nft-community-could-forgive-bayc-founders-esoteric-interests/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

01 Feb 2023 02:16

Toyota to Experiment With Blockchain Use Cases by Sponsoring Astar Network's Hackathon
https://www.coindesk.com/web3/2023/01/31/toyota-to-experiment-with-blockchain-use-cases-by-sponsoring-astar-networks-hackathon/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The auto giant may use technology developed from the hackathon for its internal use.

Bitcoin channel

01 Feb 2023 02:10

Crypto Market January Roundup: Aptos, Metaverse-Affiliated Tokens Lead Broad-Based Rally
https://www.coindesk.com/markets/2023/01/31/crypto-market-january-roundup-aptos-metaverse-affiliated-tokens-lead-broad-based-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Layer 1 blockchain Aptos’ native token has surged over 387% this month, leading all cryptocurrencies for gains and dwarfing bitcoin and ether’s performance. Solana’s SOL token also rises.

Bitcoin channel

01 Feb 2023 00:18

Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals
https://www.coindesk.com/tech/2023/01/31/ethereum-developers-to-launch-new-testnet-zhejiang-for-simulating-eth-withdrawals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Users will be able to get a sense of how staked ETH withdrawals will work from a testnet due to go fully live on Feb. 7.

Bitcoin channel

01 Feb 2023 00:16

Crypto Markets Today: Fed Preview, Bitcoin Holds Steady at $22.9K
https://www.coindesk.com/markets/2023/01/31/crypto-markets-today-fed-preview-bitcoin-holds-steady-at-229k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Also: Metaverse tokens surged in January. Equities close higher.

Bitcoin channel

31 Jan 2023 23:55

No Policy Pivot In Sight: “Higher For Longer” Rates On The Horizon
https://bitcoinmagazine.com/markets/no-federal-reserve-policy-pivot-in-sight

The market is nearly unanimous in expecting a 0.25% rate hike during February's FOMC meeting, yet many expect a “pause” shortly thereafter. We beg to differ.

Bitcoin channel

31 Jan 2023 23:26

Bitcoin Suffers Largest Daily Plunge Since November to Sink Below $22.6K as Fed Meeting Looms
https://www.coindesk.com/markets/2023/01/30/bitcoin-suffers-largest-daily-plunge-since-november-to-sink-below-226k-as-fed-meeting-looms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The largest cryptocurrency by market capitalization was recently down over 4.5% amid ongoing worries about inflation and the size of the next interest rate hike.

Bitcoin channel

31 Jan 2023 23:25

Elon Musk Wants Twitter Payments System to Accommodate Crypto: FT
https://www.coindesk.com/business/2023/01/30/elon-musk-wants-twitter-payments-system-to-accommodate-crypto-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

31 Jan 2023 21:39

Commissioner: CFTC Needs More Dialogue With Market Participants to Modernize Regulation
https://www.coindesk.com/policy/2023/01/31/commissioner-cftc-needs-more-dialogue-with-market-participants-to-modernize-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kristin N. Johnson says it is important the agency has a working relationship with the parent company of a subsidiary operating in its market.

Bitcoin channel

31 Jan 2023 21:37

Bitcoin Miner Core Scientific to Borrow $70M From B. Riley
https://www.coindesk.com/business/2023/01/31/bitcoin-miner-core-scientific-to-borrow-70m-from-b-riley/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The firm said the loan will enable it to replace an existing facility and give it "up to 15 months runway and significant flexibility."

Bitcoin channel

31 Jan 2023 21:34

Fidelity Investment's Head of Institutional Crypto Exits Role
https://www.coindesk.com/business/2023/01/31/fidelity-head-of-institutional-crypto-exits-role/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chris Tyrer joined Fidelity Digital Assets as its first U.K. employee four years ago.

Bitcoin channel

31 Jan 2023 19:47

Nic Carter from Castle Island Ventures Backs New Crypto VC Firm
https://www.coindesk.com/business/2023/01/31/nic-carters-castle-island-ventures-backs-new-crypto-vc-firm/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Breed VC closed its first fund with nearly $20 million in capital.

Bitcoin channel

31 Jan 2023 19:45

Fed Preview: Powell to Trigger 'Healthy Pullback' in Bitcoin, Experts Say
https://www.coindesk.com/markets/2023/01/31/fed-preview-powell-to-trigger-healthy-pullback-in-bitcoin-experts-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Financial conditions have loosened to a point where Powell may detail the extent of easing is unwarranted, one observer said, warning of a pullback in risk assets.

Bitcoin channel

31 Jan 2023 19:44

What's Holding DAOs Back?
https://www.coindesk.com/consensus-magazine/2023/01/31/whats-holding-daos-back/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The founder of CityDAO weighs solutions to decentralized autonomous organizations’ coordination and regulatory problems.

Bitcoin channel

31 Jan 2023 19:41

BankProv Stops Offering Loans Collateralized With Crypto Mining Machines
https://www.coindesk.com/business/2023/01/31/bankprov-stops-offering-loans-collateralized-with-crypto-mining-machines/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto-friendly bank wrote off $47.9 million in loans, primarily mining rig-collateralized debt.

Bitcoin channel

31 Jan 2023 19:39

EthBoy NFT Painting Continues to Evolve With Fourth Edition
https://www.coindesk.com/web3/2023/01/31/ethboy-nft-painting-continues-to-evolve-with-fourth-edition/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The generative artwork, which depicts Vitalik Buterin in a harlequin suit, changes every day in response to external data.