Cool Cats Claws at Mainstream Strategy, Rebrands to Expand Audience Beyond Web3
https://www.coindesk.com/web3/2023/02/01/cool-cats-claws-at-mainstream-strategy-rebrands-to-expand-audience-beyond-web3/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The popular NFT collection wants to make its brand mainstream through storytelling, entertainment and partnerships surrounding its beloved Blue Cat character.
Binance’s BNB Chain to Offer New Decentralized Storage System
https://www.coindesk.com/business/2023/02/01/binances-bnb-chain-announces-new-decentralized-storage-system/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
BNB Greenfield’s test net will be released over the next few months, according to the project’s white paper, released Wednesday morning.
U.K. Details Plan To Regulate Bitcoin, Cryptocurrency Industry
https://bitcoinmagazine.com/legal/u-k-details-plan-to-regulate-bitcoin
The United Kingdom has released its first consultation on crypto trading and lending regulation within the country.
Cardano-Based Djed Stablecoin Has Attracted 27M ADA Tokens as Reserve Backing
https://www.coindesk.com/markets/2023/02/01/cardano-based-djed-stablecoin-attracts-27m-ada-tokens-as-reserve-backing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Djed started on Tuesday and has a collateral backing ratio of 600% at the time of writing.
Doodles 2 NFT Mint Opens, Dooplicators Price Soars on OpenSea
https://www.coindesk.com/web3/2023/02/01/doodles-2-nft-mint-opens-dooplicators-price-soars-on-opensea/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Doodles 2 collection allows users to create custom wearables for their original Doodles avatars on the Flow blockchain.
Decentralized Exchange Dexalot Starts a Hybrid DeFi Subnet
https://www.coindesk.com/markets/2023/02/01/decentralized-exchange-dexalot-starts-a-hybrid-defi-subnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Dexalot’s users will be able to deposit and withdraw assets via its app on the Avalanche C-chain, and then trade on the Dexalot subnet.
Luxor Starts First-Of-Its-Kind Bitcoin Mining Rig Marketplace for Large Scale Orders
https://www.coindesk.com/business/2023/02/01/luxor-starts-first-of-its-kind-bitcoin-mining-rig-marketplace-for-large-scale-orders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The market for mining machines is increasingly flooded with inventory from struggling companies.
Luxor Technologies Launches The First Bitcoin Mining ASIC Request-for-Quote Platform
https://bitcoinmagazine.com/business/luxor-launches-bitcoin-asic-rfq-platform
Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.
What Is the Ethereum Blockchain’s Shanghai Hard Fork, and Why Does It Matter?
https://www.coindesk.com/tech/2023/02/01/what-is-the-ethereum-blockchains-shanghai-hard-fork-and-why-does-it-matter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The hard fork set for March will address staked ether withdrawals and reductions in gas fees for developers. It will open a new chapter for liquid staking in the Ethereum ecosystem.
Bitcoin's Blockchain Data Offers Evidence of Continued Investor HODLing During Bear Market
https://www.coindesk.com/markets/2023/02/01/bitcoin-utxos-older-than-5-years-surged-during-bear-market/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
UTXO or unspent transaction output is the amount of bitcoin someone is left with after executing a transaction.
Bankrupt Lending Platform Celsius Names Users Eligible to Withdraw Assets
https://www.coindesk.com/policy/2023/02/01/bankrupt-lending-platform-celsius-names-users-eligible-to-withdraw-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Users named on the list can withdraw 94% of their assets locked on the lending platform provided they can cover the withdrawal fees.
My Big Coin Founder Gets 8-Year Jail Sentence for Fraud
https://www.coindesk.com/business/2023/02/01/my-big-coin-founder-gets-8-year-jail-sentence-for-fraud/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million.
ARK Invest Maintains Prediction That Bitcoin Prices Will hit $1M by 2030
https://www.coindesk.com/markets/2023/02/01/ark-invest-maintains-prediction-that-bitcoin-prices-will-hit-1m-by-2030/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A new report by Cathie Wood’s growth-focused fund outlines how bitcoin continues to outperform every other major asset class.
India Keeps Restrictive Crypto Tax Rules In 2023 Budget
https://www.coindesk.com/policy/2023/02/01/india-keeps-restrictive-crypto-tax-rules-in-2023-budget/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Indian Finance Minister Nirmala Sitharaman has unveiled the 2023 budget for the nation.
Ripple Sold $226M of XRP in Q4; Sees Strong Growth in On-Demand Liquidity Product
https://www.coindesk.com/markets/2023/02/01/ripple-sold-226m-of-xrp-in-q4-sees-strong-growth-in-on-demand-liquidity-product/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The firm’s on-demand liquidity product has expanded to forty countries.
Coinbase NFT Pauses New Collection Drops, Denies Shuttering Marketplace
https://www.coindesk.com/web3/2023/02/01/coinbase-nft-pauses-new-collection-drops-denies-shuttering-marketplace/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Amid rumors swirling on Twitter, the company confirmed it’s temporarily halting its drops feature to focus on “features and tools” for its NFT marketplace.
LevelField Financial To Become First FDIC-Insured Bank to Offer Traditional Banking And Bitcoin Services
https://bitcoinmagazine.com/business/levelfield-financial-becomes-first-fdic-insured-bitcoin-bank
LevelField Financial is set to acquire Burling Bank in a move that would enable access to bitcoin for traditional banking customers.
South African Retail Giant Pick-n-Pay Now Accepts Bitcoin Payments At All Locations
https://bitcoinmagazine.com/business/south-africa-pick-n-pay-now-accepts-bitcoin
Pick n Pay has partnered with CryptoQR in order to accept bitcoin at more than 2,000 stores.
Bitcoin Price Could Reach $45K by Christmas: Matrixport
https://www.coindesk.com/markets/2023/02/01/bitcoin-price-could-reach-45000-by-christmas-2023-matrixport/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
When bitcoin’s performance is positive in January, the rally tends to continue, the report said.
Aptos Labs Issues Grant to Blockchain Lab at Cornell University
https://www.coindesk.com/business/2023/02/01/aptos-labs-issues-grant-to-blockchain-lab-at-cornell-university/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The newly launched blockchain built by former Diem developers has issued a $50,000 grant to a Cornell University professor of computer science.
Bankrupt Crypto Exchange FTX Had Around $1.4B Cash at End of 2022
https://www.coindesk.com/business/2023/02/01/bankrupt-crypto-exchange-ftx-had-around-14b-cash-at-2022-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy.
First Mover Americas: Bankrupt With $1.4B Cash
https://www.coindesk.com/markets/2023/02/01/first-mover-americas-bankrupt-with-14b-cash/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Can Artificial Intelligence Make The Bitcoin Rabbit Hole Easier To Explore?
https://bitcoinmagazine.com/culture/can-ai-help-with-bitcoin-research
As artificial intelligence tools become more powerful and accessible, can they help more people get a grasp on Bitcoin?
UK Crypto Firms to Get Broad Laws – May Need New Authorization
https://www.coindesk.com/policy/2023/02/01/uk-crypto-firms-to-get-broad-laws-may-need-new-authorization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The industry has largely welcomed plans that could cover crypto lending and NFTs, and force foreign companies to register and set up in the country.
Original Terra Lending Protocol Mars Hub Deploys Mainnet, Issues Airdrop
https://www.coindesk.com/business/2023/02/01/original-terra-lending-protocol-mars-hub-deploys-mainnet-issues-airdrop/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Mars Hub, the original lending protocol on the collapsed Terra blockchain, has deployed its mainnet on Cosmos.
Bitcoin and Hang Seng's Stalled Rally Might Mean Wider De-Risking Ahead, TradFi Firm Says
https://www.coindesk.com/markets/2023/02/01/bitcoin-and-hang-sengs-stalled-rally-might-mean-wider-de-risking-ahead-tradfi-firm-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Failures in BTC and Hang Seng are technical warnings signs that these early 2022 halcyon vibes may not last all year, one observer said.
Blockchain Company SIMBA Chain Received $30M Funding Increase From US Air Force
https://www.coindesk.com/business/2023/02/01/blockchain-company-simba-chain-received-30m-funding-increase-from-us-air-force/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The USAF has granted SIMBA Chain a $30 million STRATFI as part of its aims of "identifying and advancing technologies that have the potential to secure its future dominance."
Bitcoin Miner Argo Blockchain's CFO Alex Appleton Quits
https://www.coindesk.com/business/2023/02/01/bitcoin-miner-argo-blockchains-cfo-alex-appleton-quits/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Alex Appleton, who has served in this role since September 2020, is departing to "pursue other opportunities."
Voyager Creditors Reject Alameda’s Attempt to Recover $446M
https://www.coindesk.com/business/2023/02/01/voyager-creditors-reject-alamedas-attempt-to-recover-446m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Creditors’ rejection follows a veto by Voyager itself.
PKT Pal Expands Its Crypto-Powered WiFi Device Lineup With Launch of The Mini
https://www.coindesk.com/tech/2023/02/01/pkt-pal-expands-its-crypto-powered-wifi-device-lineup-with-launch-of-the-mini/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Customers were able to deposit $99 to reserve the $499 device starting yesterday.