US Prosecutors Ask for Postponement of SEC, CFTC Cases Against Sam Bankman-Fried
https://www.coindesk.com/policy/2023/02/07/us-prosecutors-ask-for-postponement-of-sec-cftc-cases-against-sam-bankman-fried/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The prosecutors are asking that the civil cases be put off until the criminal case against FTX’s founder is decided.
Crypto Super Bowl Advertising Will Be Absent This Year
https://www.coindesk.com/business/2023/02/07/crypto-firms-banned-from-super-bowl-ads-this-year-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
News television channel Fox said Monday that it barred cryptocurrency commercials in this year’s Super Bowl on February 12th following the collapse of crypto exchange FTX, the New York Post reported earlier.
Turkish Nonprofits Raise Millions of Dollars in Crypto for Earthquake Response
https://www.coindesk.com/business/2023/02/07/turkish-nonprofits-raise-millions-of-dollars-in-crypto-for-earthquake-response/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Organizations are using cryptocurrencies – borderless by nature – to get international aid into Turkey.
US Judge Rejects Bankman-Fried's Bail Modification Request
https://www.coindesk.com/policy/2023/02/07/us-judge-rejects-bankman-frieds-bail-modification-request/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A federal judge rejected a joint request to modify Sam Bankman-Fried's bail conditions to allow him to use certain messaging tools.
Dell Joins Hedera Governing Council to Explore Developing Decentralized Applications
https://www.coindesk.com/business/2023/02/07/dell-joins-hedera-governing-council-to-explore-developing-decentralized-applications/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The council that runs the Hedera public ledger now has up to 39 members, each of which run a node on the network. Other members include Google, IBM Deutsche Telekom, Boeing, DBS and Nomura Holdings.
WazirX Calls Binance Allegations 'False and Misleading,' Plans to Seek Recourse
https://www.coindesk.com/business/2023/02/07/wazirx-calls-binance-allegations-false-and-misleading-plans-to-seek-recourse/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Indian cryptocurrency exchange WazirX has said "allegations made by Binance in their blog are false and unsubstantiated," according to a blog post published on Tuesday.
Crypto Protocol Lido Proposes ‘Turbo,’ ‘Bunker’ Modes for Post-Shanghai Ether Withdrawals
https://www.coindesk.com/tech/2023/02/08/crypto-protocol-lido-proposes-turbo-bunker-modes-for-post-shanghai-ether-withdrawals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The V2 Upgrade includes proposals that explain the protocol's staked ETH withdrawals plan and introduces a new staking router that will decentralize the network.
Decentralized Identity Network Space ID Raises $10M
https://www.coindesk.com/business/2023/02/07/decentralized-identity-network-space-id-raises-10m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The round was led by crypto investment firms Polychain Capital and dao5.
First Mover Americas: The Graph’s GRT Soars 92% in 7 Days
https://www.coindesk.com/markets/2023/02/07/first-mover-americas-the-graphs-grt-soars-92-in-7-days/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 7, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Ethereum Name Service DAO Passes Vote to Sell 10,000 Ether
https://www.coindesk.com/business/2023/02/07/ethereum-name-service-dao-passes-vote-to-sell-10000-ether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The DAO (decentralized autonomous organization) of Ethereum Name Service (ENS) has voted to liquidate 10,000 ether for USDC to cover operating costs for the next two years.
Bitcoin Miners Hut 8, US Bitcoin Corp. Announce Merger
https://www.coindesk.com/business/2023/02/07/bitcoin-miners-hut-8-us-bitcoin-corp-announce-merger/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The combined company will have access to 825 MW of energy capacity.
What I’ve Learned Onboarding Merchants In Portugal To Bitcoin
https://bitcoinmagazine.com/culture/onboarding-portugal-to-bitcoin-lightning
Lessons learned by one expat Bitcoiner living in Portugal, who decided the merchants at her local market needed the Lightning Network.
Digital Bank Revolut to Offer Crypto Staking
https://www.coindesk.com/business/2023/02/06/digital-bank-revolut-to-offer-crypto-staking-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Revolut will support staking of the tokens of Polkadot (DOT), Tezos (XTZ), Cardano (ADA) and Ethereum (ETH). with yields ranging from 2.99% up to 11.65%.
DCG Is Selling Holdings in Grayscale: Financial Times
https://www.coindesk.com/business/2023/02/07/dcg-is-selling-holdings-in-grayscale-financial-times/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Digital Currency Group (DCG) has started selling holdings in several investment vehicles run by its subsidiary and digital assets manager Grayscale at a steep discount.
DCG Creditor Pact Revealed With Plan to Sell Genesis Trading Unit as Part of Bankruptcy
https://www.coindesk.com/business/2023/02/06/dcg-creditor-pact-revealed-with-plan-to-sell-genesis-trading-unit-as-part-of-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Don't Call It 'Britcoin': Digital Pound Nothing Like Crypto, Bank of England Official Says
https://www.coindesk.com/policy/2023/02/07/digital-pound-nothing-like-crypto-bank-of-england-official-says-as-press-dubs-it-britcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Democratic Lawmakers Look to Compel Crypto Miners to Disclose Energy and Emissions Data
https://www.coindesk.com/policy/2023/02/07/democratic-lawmakers-look-to-compel-crypto-miners-to-disclose-energy-and-emissions-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
In a letter to the EPA and Department of Energy, the Senate and House members seemed impatient for more data from miners.
Alleged Crypto Money Launderer Tied to Ransomware Attacks Pleads Guilty to Conspiracy Charge
https://www.coindesk.com/policy/2023/02/07/alleged-crypto-money-launderer-tied-to-ransomware-attacks-pleads-guilty-to-conspiracy-charge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Denis Dubnikov, an alleged Russian crypto money launderer arrested in the Netherlands last summer, pleaded guilty to a charge of "conspiracy to commit money laundering" on Tuesday.
Crypto Lender SALT Raises $64.4M to Resume Operations
https://www.coindesk.com/business/2023/02/07/crypto-lender-salt-raises-644m-to-resume-operations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The crypto lender paused operations after the collapse of crypto exchange FTX.
Former Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters
https://www.coindesk.com/policy/2023/02/07/former-coinbase-manager-pleads-guilty-to-insider-trading-charges-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Wahi had previously pleaded not guilty to federal charges of insider trading.
Bitcoin Miner Stronghold Digital Restructures Remaining $55M of Debt
https://www.coindesk.com/business/2023/02/07/bitcoin-miner-stronghold-digital-restructures-remaining-55m-of-debt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Ordinals Protocol Has Caused a Resurgence in Bitcoin Development
https://www.coindesk.com/business/2023/02/07/the-ordinals-protocol-has-caused-a-resurgence-in-bitcoin-development/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The non-zero probability of NFTS fueling bitcoin’s next bull run cannot be ignored, the report said.
Central Banks Are Working on a Monitoring System for Stablecoin Balance Sheets
https://www.coindesk.com/policy/2023/02/07/central-banks-are-working-on-a-monitoring-system-for-stablecoin-balance-sheets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Bank for International Settlements is spearheading a project that will look into tech tools that could help regulators form policy frameworks for stablecoins based on data.
Digital Asset Management Platform HeightZero Taps CoinDesk Indices to Offer Crypto Basket to Financial Advisors
https://www.coindesk.com/business/2023/02/07/digital-asset-management-platform-heightzero-taps-coindesk-indices-to-offer-crypto-basket-to-financial-advisors/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
HeightZero provides a platform for financial advisors to plug in to as a means of offering their clients exposure to a range of assets.
Global Crypto Industry Pledges Aid to Turkey Following Deadly Earthquakes
https://www.coindesk.com/markets/2023/02/06/global-crypto-industry-pledges-aid-to-turkey-following-deadly-earthquakes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
More than 40 blockchain entities in the country have signed a petition requesting authorities to green-light accepting crypto donations in Turkey for humanitarian aid, similar to Ukraine.
DeFi Lender Aave to Distribute Lido Staking Rewards on Arbitrum and Optimism
https://www.coindesk.com/tech/2023/02/07/defi-lender-aave-to-distribute-lido-staking-rewards-on-arbitrum-and-optimism/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Aave community has favorably voted on a proposal to permit Lido DAO to distribute token rewards across liquidity pools on three networks.
Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
https://www.coindesk.com/business/2023/02/07/crypto-custody-tech-firm-metaco-taps-ibm-to-revamp-institutional-push/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias.
North Korea Crypto Theft Hit Record High Last Year, UN Says: Reuters
https://www.coindesk.com/business/2023/02/07/north-korea-crypto-theft-hit-record-high-last-year-un-says-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The estimated value of stolen crypto asset ranges from $630 million to more than $1 billion.
Uniswap DAO Approves Boba Network Deployment in Latest Community Vote
https://www.coindesk.com/tech/2023/02/07/uniswap-dao-approves-boba-network-deployment-in-latest-community-vote/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The proposal submitted by Boba Foundation and FranklinDAO was backed by organizations such as GFX Labs, Blockchain at Michigan, Gauntlet and ConsenSys.
File Sharing Service WeTransfer Partners With Blockchain Platform Minima on Mobile NFT Solution
https://www.coindesk.com/web3/2023/02/07/file-sharing-service-wetransfer-partners-with-blockchain-platform-minima-on-mobile-nft-solution/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The new partnership will allow users to generate NFTs directly from their phone and transfer NFTs without an intermediary.