Bitcoin channel

09 Feb 2023 22:18

Bitcoin Miners Surface for Air as Sliding Natural Gas Price Provides Cost Relief
https://www.coindesk.com/business/2023/02/09/bitcoin-miners-surface-for-air-as-sliding-natural-gas-price-provides-cost-relief/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Energy producers finally have incentives to work with bitcoin miners as the price of natural gas drops from historic highs.

Bitcoin channel

09 Feb 2023 22:17

Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
https://www.coindesk.com/business/2023/02/09/bank-of-america-innovation-to-expand-decentralized-finance-functionality-over-time/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Developer activity and adoption is the key to success, the report said.

Bitcoin channel

09 Feb 2023 19:52

AI Token Search Traffic Spikes as Crypto Traders Seek Exposure
https://www.coindesk.com/business/2023/02/08/ai-token-search-traffic-spikes-as-crypto-traders-seek-exposure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

As artificial intelligence captures the tech zeitgeist, traders are searching for ways to invest.

Bitcoin channel

09 Feb 2023 19:49

Darknet Revenues Fell After Hydra’s Shutdown: Chainalysis
https://www.coindesk.com/consensus-magazine/2023/02/09/darknet-revenues-fell-after-hydras-shutdown-chainalysis/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

09 Feb 2023 17:51

Stablecoin Issuer Tether Reports $700M Profit for Q4 2022
https://www.coindesk.com/business/2023/02/09/stablecoin-issuer-tether-reports-700m-profit-for-q4-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tether's assets as of Dec. 31 stood at $67 billion, with liabilities of $66 billion, almost all of which relates to digital tokens issued.

Bitcoin channel

09 Feb 2023 17:49

Umami Finance CEO Dumps All Tokens After Week-Long Drama, Leaving Crypto Hopefuls Stranded
https://www.coindesk.com/web3/2023/02/09/umami-finance-ceo-dumps-all-tokens-after-week-long-drama-leaving-crypto-hopefuls-stranded/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The move followed on the back of Umami making changes to how its value accrual token worked.

Bitcoin channel

09 Feb 2023 17:47

CryptoQuant: Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs
https://www.coindesk.com/markets/2023/02/09/cryptoquant-bitcoin-network-activity-spikes-to-two-year-high-thanks-to-nfts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Transactions are coming from the popularity of the recently-deployed protocol Ordinals, which allows for NFT-like tokens to be stored on-chain.

Bitcoin channel

09 Feb 2023 17:38

Homesteader Conversations: Urban Farming, Bitcoin And The Future Of Self Sovereignty
https://bitcoinmagazine.com/culture/urban-farming-bitcoin-self-sovereignty

Meet Erin, a Bay Area urban farmer and astrologist who sees Bitcoin and homesteading as community-focused ways of becoming self-sufficient.

Bitcoin channel

09 Feb 2023 13:59

Cardano Upgrade Aims to Improve Cross-Chain Features as On-Chain DeFi Crosses $100M TVL
https://www.coindesk.com/tech/2023/02/09/cardano-upgrade-aims-to-improve-cross-chain-features-as-on-chain-defi-crosses-100m-tvl/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

“This upgrade will bring new cryptographic primitives to Cardano, encouraging greater interoperability and secure cross-chain DApp development with Plutus,” IOG said Wednesday.

Bitcoin channel

09 Feb 2023 11:12

CEO of Bitcoin Miner Argo Steps Down
https://www.coindesk.com/business/2023/02/09/ceo-of-bitcoin-miner-argo-steps-down/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The troubled mining firm had to sell its biggest facility to stave off bankruptcy.

Bitcoin channel

09 Feb 2023 09:33

Ether Liquid Staking Tokens Jump on Rumors of SEC Ban for Staking Providers
https://www.coindesk.com/markets/2023/02/09/ether-liquid-staking-tokens-jump-on-rumors-of-sec-ban-for-staking-providers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Coinbase CEO Brian Amstrong said Wednesday night he heard rumors about a possible ban on staking providers in the U.S.

Bitcoin channel

09 Feb 2023 04:01

First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long Tear
https://www.coindesk.com/markets/2023/02/09/first-mover-asia-bitcoin-hovers-near-23k-why-ai-tokens-are-on-a-months-long-tear/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ALSO: Shaurya Malwa writes that institutional investment has made a compelling argument for AI-related protocols; LDO jumps after a tweet by Coinbase CEO Brian Armstrong.

Bitcoin channel

09 Feb 2023 02:44

Bitcoin NFTs Explode in Popularity as BitMEX Research Shows 13,000 Ordinals
https://www.coindesk.com/tech/2023/02/08/bitcoin-nfts-explode-in-popularity-as-bitmex-research-shows-13000-ordinals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Interest has skyrocketed following the first Ordinals transaction on Dec. 14.

Bitcoin channel

09 Feb 2023 01:48

Hermès Wins Trademark Lawsuit Against MetaBirkins NFTs, Setting Powerful Precedent for NFT Creators
https://www.coindesk.com/web3/2023/02/08/hermes-wins-trademark-lawsuit-against-metabirkins-nfts-setting-powerful-precedent-for-nft-creators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The verdict, which the jury delivered on tk date, ends a year-long battle between the French luxury house and NFT artist Mason Rothschild over his Metabirkin NFT collection.

Bitcoin channel

09 Feb 2023 01:47

Crypto Long & Short: Bitcoin's 'Golden Cross' Explained
https://www.coindesk.com/business/2023/02/08/crypto-long-short-bitcoins-golden-cross-explained/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

This much talked about technical indicator has value, yet doesn’t tell the whole story.

Bitcoin channel

09 Feb 2023 22:18

FTX Bankruptcy Judge Allows Company to Subpoena Founder Bankman-Fried, Other 'Insiders'
https://www.coindesk.com/policy/2023/02/08/ftx-bankruptcy-judge-allows-company-to-subpoena-founder-bankman-fried-other-insiders/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

U.S Judge John Dorsey ordered that FTX's new leadership and its official creditor committee can subpoena the company's founders and former executives, including Sam Bankman-Fried, Gary Wang, Caroline Ellison, Nishad Singh and Bankman-Fried's family.

Bitcoin channel

09 Feb 2023 22:15

A Pragmatic View of ChatGPT in a Web3 World
https://www.coindesk.com/consensus-magazine/2023/02/08/a-pragmatic-view-of-chatgpt-in-a-web3-world/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Artificial intelligence is revolutionizing every aspect of our daily lives. What will it mean for Web3? IntoTheBlock's Jesus Rodriquez learns from the machine.

Bitcoin channel

09 Feb 2023 19:51

Aave Deploys Native Stablecoin GHO on Ethereum Testnet
https://www.coindesk.com/tech/2023/02/09/aave-deploys-native-stablecoin-gho-on-ethereum-testnet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Aave’s GHO is set to join a fierce competition as rival DeFi protocols also issue or are moving to release their own protocol-native stablecoins.

Bitcoin channel

09 Feb 2023 19:42

Coinkite Launches Its New Flagship Bitcoin Hardware Wallet Coldcard Q1
https://bitcoinmagazine.com/business/coinkite-new-bitcoin-wallet-coldcard-q1

The new COLDCARD improves upon the Mk4 by adding a QWERTY keyboard, a big LCD screen, and a QR code scanner.

Bitcoin channel

09 Feb 2023 17:50

DeFi Giant MakerDAO to Introduce Aave Rival Dubbed Spark Protocol
https://www.coindesk.com/business/2023/02/09/defi-giant-makerdao-to-introduce-aave-rival-dubbed-spark-protocol/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MakerDAO, the DeFi organization that facilitates the generation of the DAI stablecoin, is releasing Spark Protocol – a lending platform that will rival Aave.

Bitcoin channel

09 Feb 2023 17:48

JPMorgan: Ethereum’s Shanghai Upgrade to Raise Staking Toward Proof-Of-Stake-Blockchain Average
https://www.coindesk.com/tech/2023/02/09/jpmorgan-ethereums-shanghai-upgrade-to-raise-staking-toward-proof-of-stake-blockchain-average/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Ethereum’s staking ratio is around 14% compared with an average of 60% for the other major PoS blockchains.

Bitcoin channel

09 Feb 2023 17:45

Celsius’ Proposed Extension for Wind-Up Opposed by Creditors, US Government
https://www.coindesk.com/policy/2023/02/09/celsius-proposed-extension-for-wind-up-opposed-by-creditors-us-government/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Plans to transform the bankrupt crypto lender into a “recovery corporation” are not a done deal, and the estate could still be liquidated, legal filings warn.

Bitcoin channel

09 Feb 2023 14:00

Tron Blockchain Commits $100M in Grants to Artificial Intelligence-Focused Projects
https://www.coindesk.com/tech/2023/02/09/tron-blockchain-commits-100m-in-grants-to-artificial-intelligence-focused-projects/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The commitment comes as AI-focused tokens take over the narrative in crypto circles.

Bitcoin channel

09 Feb 2023 11:13

Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt
https://www.coindesk.com/markets/2023/02/09/flux-finance-launches-lending-token-collateralized-by-us-treasury-debt/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Flux Finance invests in Ondo’s Short-Term U.S. Government Bond Fund (OUSG) a tokenized version of a Blackrock Treasury Bond ETF.

Bitcoin channel

09 Feb 2023 11:08

How Inscriptions Impact Bitcoin Block Space
https://bitcoinmagazine.com/technical/how-inscriptions-impact-bitcoin-block-space

The below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin Ordinals And InscriptionsA recent and ...

Bitcoin channel

09 Feb 2023 09:32

Lido DAO Governance Token Surges on Armstrong Comments About SEC Staking Ban
https://www.coindesk.com/markets/2023/02/09/lido-dao-governance-token-surges-on-armstrong-comments-about-sec-staking-ban/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC has declined to comment on rumors that it intends to classify tokens that allow staking as securities.

Bitcoin channel

09 Feb 2023 02:44

Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers
https://www.coindesk.com/business/2023/02/08/coinbases-ceo-cites-rumors-the-sec-may-ban-crypto-staking-for-retail-customers/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

"I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen," Brian Armstrong tweeted Wednesday.

Bitcoin channel

09 Feb 2023 01:48

Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg
https://www.coindesk.com/business/2023/02/08/crypto-exchange-kraken-facing-sec-probe-settlement-could-come-soon-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The SEC is in the late stages of an investigation of the company's possible sale of unregistered securities, according to the story.

Bitcoin channel

09 Feb 2023 01:47

MakerDAO Contributors Propose First Native Liquidity Market Focused on DAI Stablecoin
https://www.coindesk.com/markets/2023/02/08/makerdao-contributors-propose-first-native-liquidity-market-focused-on-dai-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The proposed Spark Protocol will leverage Maker’s DAI stablecoin and its crypto assets for liquidity, and would be based on the Aave v3 smart contract system.

Bitcoin channel

09 Feb 2023 01:47

NFL Rivals Game Adds QBs Hurts, Mahomes to NFT Lineup Ahead of Super Bowl
https://www.coindesk.com/web3/2023/02/08/nfl-rivals-game-adds-hurts-mahomes-to-nft-lineup-ahead-of-super-bowl/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Web3 gaming studio Mythical Games is capitalizing on the rivalry between the Eagles and Chiefs by rolling out 22 new NFT players from the teams for its game.