Bitcoin channel

03 Feb 2023 00:41

Mastercard’s NFT Leader Quits, Mints His Resignation Letter on the Way Out
https://www.coindesk.com/web3/2023/02/02/mastercards-nft-leader-quits-mints-his-resignation-letter-on-the-way-out/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Satvik Sethi wrote in a series of tweets that each non-fungible token, available as an open edition for 0.023 ETH (about $38) on Manifold, will support his new ventures as an artist and founder of Web3 social platform joincircle.

Bitcoin channel

02 Feb 2023 23:45

Crypto Winter Led to 91% Plunge in VC and Other Investments for January
https://www.coindesk.com/business/2023/02/02/crypto-winter-led-to-91-plunge-in-vc-and-other-investments-for-january/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A CoinDesk analysis shows crypto startups only raised $548 million last month, and FTX’s full impact on industry fundraising likely remains to be seen.

Bitcoin channel

02 Feb 2023 22:51

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool
https://www.coindesk.com/tech/2023/02/02/giant-bitcoin-taproot-wizard-nft-minted-in-collaboration-with-luxor-mining-pool/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Luxor Mining collaborated with independent developer, Udi Wertheimer to mint the NFT advertising “Magic Internet JPEGs” in “the largest Bitcoin block ever mined.”

Bitcoin channel

02 Feb 2023 22:50

Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed Rally
https://www.coindesk.com/business/2023/02/02/coinbase-leads-as-crypto-related-stocks-continue-post-fed-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Barclays analyst said Coinbase volumes rose 56% in January from the previous month.

Bitcoin channel

02 Feb 2023 21:28

CleanSpark Mines Record 697 Bitcoin In January, A 50% Increase Since December
https://bitcoinmagazine.com/business/cleanspark-mines-record-697-bitcoin

The bitcoin mining firm is reaping the rewards of expansion as it had a record month with solid reliability.

Bitcoin channel

02 Feb 2023 21:07

How Crypto Advocacy Must Change Post-FTX Collapse
https://www.coindesk.com/consensus-magazine/2023/02/02/how-crypto-advocacy-must-change-post-ftx-collapse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

02 Feb 2023 17:48

Bitcoin Blasts Through $23.5K as Powell Speaks Following Fed Rate Hike
https://www.coindesk.com/markets/2023/02/01/bitcoin-blasts-through-235k-as-powell-speaks-following-fed-rate-hike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The U.S. central bank earlier Wednesday lifted its benchmark interest rate 25 basis points.

Bitcoin channel

02 Feb 2023 17:46

OP Token Surges 25% as Optimism Foundation Proposes 'Bedrock' Upgrade
https://www.coindesk.com/markets/2023/02/02/op-token-surges-25-as-optimism-foundation-proposes-bedrock-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Layer 2 scaling solution Optimism's governance token, OP, has chalked up a 200% rally in four weeks, outperforming market leaders bitcoin and ether by a big margin.

Bitcoin channel

02 Feb 2023 17:11

Amazon Looking to Hire Web3 Staff for Its Cloud Services
https://www.coindesk.com/business/2023/02/02/amazon-web-services-hiring-to-pump-its-web3-clientele/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The biggest infrastructure provider in the world is targeting Web 3 for growth.

Bitcoin channel

02 Feb 2023 15:55

Alameda Research Wallet Receives $6M From Bitfinex Hot Wallet
https://www.coindesk.com/business/2023/02/02/alameda-research-wallet-receives-6m-from-bitfinex-hot-wallet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An Ethereum wallet that belongs to bankrupt trading firm Alameda Research quietly received $6 million from Bitfinex's hot wallet overnight, according to Nansen data.

Bitcoin channel

02 Feb 2023 11:04

Blockchain Analytics Firm Chainalysis to Cut Jobs in Reorganization
https://www.coindesk.com/business/2023/02/02/blockchain-analytics-firm-chainalysis-to-cut-jobs-in-reorganization/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The cuts will reportedly affect less than 5% of Chainalysis' staff, or about 40-50 people.

Bitcoin channel

02 Feb 2023 11:02

Former Chairman of South Korean Crypto Exchange Bithumb Arrested: Report
https://www.coindesk.com/policy/2023/02/02/former-chairman-of-south-korean-crypto-exchange-bithumb-arrested-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Kang Jong-hyun, a former chairman at South Koean cryptocurrency exchange Bithumb has been arrested on Thursday.

Bitcoin channel

02 Feb 2023 11:00

Facebook Parent Meta’s Metaverse Division Lost $13.7B in 2022
https://www.coindesk.com/business/2023/02/01/facebook-parent-metas-metaverse-division-lost-137b-in-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The social media giant reported losing $4.3 billion in the division in the fourth quarter of 2022 on revenues of $727 million.

Bitcoin channel

02 Feb 2023 04:34

First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?
https://www.coindesk.com/markets/2023/02/02/first-mover-asia-is-bitcoins-ride-past-241k-a-stopping-point-or-sign-of-further-gains/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the Terra UST implosion and other debacles. Bitcoin rides past $24.1K at one point.

Bitcoin channel

02 Feb 2023 01:11

Crypto Investors Can Purchase Bankruptcy 'Put Options' to Protect Funds on Binance, Coinbase, Kraken
https://www.coindesk.com/markets/2023/02/01/crypto-investors-can-purchase-bankruptcy-put-options-to-protect-funds-on-binance-coinbase-kraken/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Investors can purchase the options to protect their funds on Binance, Coinbase and Kraken for a monthly fee and will receive full payment if the centralized exchanges file for bankruptcy locking up their crypto.

Bitcoin channel

02 Feb 2023 23:46

Alleged Mango Markets Exploiter Eisenberg Waives Bail in First NY Court Hearing
https://www.coindesk.com/policy/2023/02/02/alleged-mango-markets-exploiter-eisenberg-waives-bail-in-first-ny-court-hearing/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Avraham Eisenberg faces criminal fraud charges for draining $116 million from Mango Markets.

Bitcoin channel

02 Feb 2023 23:44

86% of Stablecoin Issuer Tether Was Controlled by 4 People as of 2018: WSJ
https://www.coindesk.com/business/2023/02/02/86-of-tether-was-controlled-by-4-people-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Documents reveal the previously unknown ownership structure of the secretive stablecoin issuer.

Bitcoin channel

02 Feb 2023 22:50

Couch From Famous Doge Meme to Be Auctioned by PleasrDAO
https://www.coindesk.com/web3/2023/02/02/couch-from-famous-doge-meme-to-be-auctioned-by-pleasrdao/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The second live auction from PleasrHouse will feature the real-life couch sat upon by Atsuko, the famous Shibu Inu who spawned memes and coins and more.

Bitcoin channel

02 Feb 2023 22:49

Crypto Exchange Bittrex Laying Off More Than 80 People
https://www.coindesk.com/business/2023/02/02/crypto-exchange-bittrex-laying-off-83-people/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.

Bitcoin channel

02 Feb 2023 21:08

EBay Hiring Multiple Web3 Roles Following NFT Marketplace Acquisition
https://www.coindesk.com/web3/2023/02/02/ebay-hiring-multiple-web3-roles-following-nft-marketplace-acquisition/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

02 Feb 2023 17:48

First Mover Americas: Network Update Lifts AVAX
https://www.coindesk.com/markets/2023/02/02/first-mover-americas-network-update-lifts-avax/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

02 Feb 2023 17:47

Synapse Token Surges 44% as Cross-Chain Momentum Builds
https://www.coindesk.com/business/2023/02/02/synapse-token-surges-44-as-cross-chain-momentum-builds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Synapse (SYN) token is trading at a five-month high of $1.22 following a 44.74% move to the upside over the past 24-hours.

Bitcoin channel

02 Feb 2023 17:45

Berkshire Hathaway's Charlie Munger Calls for Crypto Ban in the US
https://www.coindesk.com/business/2023/02/02/berkshire-hathaways-charlie-munger-calls-for-crypto-ban-in-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Berkshire Hathaway vice chairman and staunch bitcoin skeptic Charlie Munger has called for the United States to follow in the footsteps of China and ban cryptocurrencies.

Bitcoin channel

02 Feb 2023 17:10

U.S. Senator Tim Scott to Release Priorities for Developing Crypto Regulatory Framework: Report
https://www.coindesk.com/policy/2023/02/02/us-senator-tim-scott-to-release-priorities-for-developing-crypto-regulatory-framework-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Scott, the top Republican on the Senate Banking Committee, will release his priorities for a bipartisan regulatory framework for cryptocurrency on Thursday, according to Politico.

Bitcoin channel

02 Feb 2023 14:26

Bear Market Setbacks Have Left Bitcoin Miners Behind Their Gold Counterparts
https://bitcoinmagazine.com/business/bitcoin-mining-trailing-behind-gold

Digital gold mining companies suffered harsher drawdowns than their legacy counterparts in 2022.

Bitcoin channel

02 Feb 2023 11:03

Bitcoin, S&P 500 Close In on Bullish 'Golden Cross' Signal
https://www.coindesk.com/markets/2023/02/02/bitcoin-sp-500-close-in-on-bullish-golden-cross-price-signal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

In the past, bitcoin's big rallies have started with a golden cross, but not all golden crosses have led to a big rally.

Bitcoin channel

02 Feb 2023 11:01

Rocket Pool Community Voting Whether to Self-Limit Its Growth
https://www.coindesk.com/tech/2023/02/01/rocket-pool-community-voting-whether-to-self-limit-its-growth/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

If passed, the vote establishes a guiding set of principles to inform Rocket Pool’s decision-making process in limiting the percentage of staked ether in its ecosystem.

Bitcoin channel

02 Feb 2023 08:49

Crypto Miner Pow.re Raises $9.2M Series A at $150M Valuation
https://www.coindesk.com/business/2023/02/02/crypto-miner-powre-raises-92m-series-a-at-150m-valuation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Montreal-headquartered mining firm specializes in operating from locations with stranded power.

Bitcoin channel

02 Feb 2023 02:32

Nostr Will Only Scale If It Can Incentivize Users To Run Relays
https://bitcoinmagazine.com/culture/can-nostr-grow-to-twitter-size

Nostr, a growing hub for the Bitcoin community, faces some incentives challenges if it’s going to reach significant scale.

Bitcoin channel

02 Feb 2023 01:11

Crypto Long & Short: When Regulating Crypto, Please Target the Bad Actors, Not the Asset
https://www.coindesk.com/business/2023/02/01/crypto-long-short-when-regulating-crypto-please-target-the-bad-actors-not-the-asset/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Here’s what’s on my mind as Washington gears up to respond to the disasters of 2022.