Bitcoin channel

14 Feb 2023 00:22

CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial
https://www.coindesk.com/policy/2023/02/13/cftc-case-against-sam-bankman-fried-postponed-until-after-criminal-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The request to stay the SEC’s civil case against Bankman-Fried is still pending.

Bitcoin channel

13 Feb 2023 23:55

NFT Influencer Cozomo de’ Medici Donates 22 Digital Artworks to LACMA
https://www.coindesk.com/web3/2023/02/13/nft-influencer-cozomo-de-medici-donates-22-digital-artworks-to-lacma/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest NFT donation highlights how major art institutions are embracing digital collectibles.

Bitcoin channel

13 Feb 2023 23:54

Paxos ‘Categorically Disagrees’ With SEC That BUSD Is a Security, Says It Will Litigate if Needed
https://www.coindesk.com/policy/2023/02/13/paxos-categorically-disagrees-with-sec-that-busd-is-a-security-says-it-will-litigate-if-needed/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The stablecoin issuer confirmed it has received a Wells Notice from the SEC, indicating a possible enforcement action is forthcoming.

Bitcoin channel

13 Feb 2023 22:08

NFT Gaming Protocol Aavegotchi Aims to Increase Engagement With Upgrade
https://www.coindesk.com/tech/2023/02/13/nft-gaming-protocol-aavegotchi-aims-to-increase-engagement-with-upgrade/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Called the Forge, the upgrade focuses on wearables, one of three attributes that determine the value and rarity of Aavegotchi NFTs.

Bitcoin channel

13 Feb 2023 22:07

First Mover Americas: Paxos Acts on Regulator Threat
https://www.coindesk.com/markets/2023/02/13/first-mover-americas-the-sandbox-is-up-on-saudi-arabia-partnership-news/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 13, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

13 Feb 2023 20:56

Policymakers Need to Focus on Tokenization, Not Just Tokens
https://www.coindesk.com/consensus-magazine/2023/02/13/after-ftx-crypto-tokenization-can-rebuild-the-american-dream-coindesk/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Representing real-world assets on a blockchain could allow everyday Americans to buy into durable prosperity, says John Rizzo.

Bitcoin channel

13 Feb 2023 19:36

Brazil's Largest Public Bank Enables Tax Payments to Be Made With Crypto
https://www.coindesk.com/business/2023/02/13/brazils-largest-public-bank-enables-tax-payments-to-be-made-with-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The service will operate in partnership with Bitfy, a startup focused on blockchain solutions.

Bitcoin channel

13 Feb 2023 19:34

France to Tighten Crypto Registration Rules Next January
https://www.coindesk.com/policy/2023/02/13/france-to-tighten-crypto-registration-rules-next-january/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The plan, set to be rubber-stamped by the National Assembly and Senate, veers away from a more onerous proposal to require a license as of October.

Bitcoin channel

13 Feb 2023 19:32

Binance Says BUSD ‘Funds Are Safu’ but a Regulatory Cloud Is Forming Over the US
https://www.coindesk.com/business/2023/02/13/binance-says-busd-funds-are-safu-but-a-regulatory-cloud-is-forming-over-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

February has been a great month for the narrative that crypto’s natural home is in Asia.

Bitcoin channel

13 Feb 2023 19:28

Arbitrum-Based GMX Surpassed Ethereum Blockchain in Daily Fees Over Weekend
https://www.coindesk.com/markets/2023/02/13/arbitrum-based-gmx-surpassed-ethereum-blockchain-in-daily-fees-over-weekend/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The decentralized futures exchange product has gained a loyal community of users in the past few months.

Bitcoin channel

13 Feb 2023 17:51

Homesteader Conversations: Midwestern Farmers On Why Bitcoiners Understand Natural Balance
https://bitcoinmagazine.com/culture/why-bitcoiners-understand-homesteading

Jack and Liv, two Midwestern homesteaders and Bitcoiners, discuss their farm, food health and how Bitcoiners inherently understand symbiosis.

Bitcoin channel

13 Feb 2023 14:31

BNB Token Slides Under $300, Binance USD Inflows Signal Bearish Signs
https://www.coindesk.com/markets/2023/02/13/bnb-token-slides-under-300-binance-usd-inflows-signal-bearish-signs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

An SEC spokesperson told Coinesk the commission does not comment on the existence or nonexistence of a possible investigation.

Bitcoin channel

13 Feb 2023 12:52

Correlation Between Crypto Market and Nasdaq Turns Positive Ahead of US CPI Release
https://www.coindesk.com/markets/2023/02/13/correlation-between-crypto-market-and-nasdaq-turns-positive-ahead-of-us-cpi-release/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Observers expect Tuesday's U.S. CPI report to show continued disinflation in the world's largest economy.

Bitcoin channel

13 Feb 2023 12:50

Restrictive Crypto Rules for EU Banks Confirmed in Published Legal Draft
https://www.coindesk.com/policy/2023/02/13/restrictive-crypto-rules-for-eu-banks-confirmed-in-published-legal-draft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Banks in the European Union would have to treat crypto as the riskiest kind of asset and disclose exposures while awaiting more detailed rules.

Bitcoin channel

13 Feb 2023 09:02

Crypto Lender Nexo Stopped EIP for US Clients on Feb. 10
https://www.coindesk.com/policy/2023/02/13/crypto-lender-nexo-stopped-eip-for-us-clients-on-feb-10/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Last month, Nexo paid a $22.5 million fine to the SEC for failing to register the offer and sale of EIP.

Bitcoin channel

13 Feb 2023 23:56

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
https://www.coindesk.com/policy/2023/02/13/cryptos-banking-problem-industry-needs-access-but-us-regulators-keep-digital-assets-at-bay/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to link with the traditional financial system.

Bitcoin channel

13 Feb 2023 23:55

Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
https://www.coindesk.com/markets/2023/02/13/bitcoin-ether-drop-as-investors-fret-over-inflation-data-stablecoin-regulation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500.

Bitcoin channel

13 Feb 2023 22:08

Sanctioned Mixer Blender Re-Launched as Sinbad, Elliptic Says
https://www.coindesk.com/business/2023/02/13/sanctioned-mixer-blender-re-launched-as-sinbad-elliptic-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

13 Feb 2023 22:07

Sequoia, Dragonfly Back Web3 Startup Caldera in $9M Rounds
https://www.coindesk.com/business/2023/02/13/sequoia-dragonfly-back-web3-startup-caldera-in-9m-rounds/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The capital will go toward hiring, partnerships and integrations.

Bitcoin channel

13 Feb 2023 21:02

Inscriptions: Just A Fad, Or A Real Threat To Bitcoin Becoming Decentralized Money?
https://bitcoinmagazine.com/culture/the-implications-of-bitcoin-inscriptions

The surge of inscriptions raises old debates about Bitcoin’s “true” purpose and its ability to become the money of the internet.

Bitcoin channel

13 Feb 2023 20:55

Paxos to Stop Minting Stablecoin BUSD Following Regulatory Action
https://www.coindesk.com/business/2023/02/13/paxos-to-stop-minting-stablecoin-busd-following-regulatory-action/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It was reported on Sunday that the SEC intended to sue Paxos for selling BUSD as an unregistered security.

Bitcoin channel

13 Feb 2023 19:35

Digital Asset Platform Bakkt to Discontinue Consumer App After Two Years
https://www.coindesk.com/business/2023/02/13/digital-asset-platform-bakkt-to-discontinue-consumer-app-after-two-years/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

App users will be able to manage their assets over the web after March 16.

Bitcoin channel

13 Feb 2023 19:33

Crypto Payments Firm Wirex and Visa Expand Partnership to 40 Countries
https://www.coindesk.com/business/2023/02/13/crypto-payments-firm-wirex-and-visa-expand-partnership-to-40-countries/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Cryptocurrency payments app Wirex has signed a long-term global partnership with Visa that will see the partnership expand its footprint to 40 countries.

Bitcoin channel

13 Feb 2023 19:29

Fifth-Largest Holder of Polygon Tokens Is Little-Known Chinese Crypto Project
https://www.coindesk.com/business/2023/02/13/fifth-largest-holder-of-polygon-tokens-is-little-known-chinese-crypto-project/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Chinese cryptocurrency staking project Avatar has become the fifth-largest holder of polygon (MATIC), accumulating 22 million tokens worth $22.5 million.

Bitcoin channel

13 Feb 2023 17:53

Bitcoin Saved Me From A Russian Missile Strike
https://bitcoinmagazine.com/culture/bitcoin-saved-me-from-a-missile-strike

As a permissionless store of value, bitcoin allowed me to escape the dangers of Russia’s invasion of Ukraine. And it can help you, too.

Bitcoin channel

13 Feb 2023 16:12

BUSD Depegs From Rival Stablecoin Tether After New York Regulator Tells Paxos to Stop Minting New Tokens
https://www.coindesk.com/markets/2023/02/13/busd-depegs-from-rival-dollar-backed-stablecoin-tether-after-regulatory-action/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Traders seem to be migrating from Paxos' BUSD stablecoin to tether.

Bitcoin channel

13 Feb 2023 14:30

Wormhole Bridge Exploiter Supplies $46M to Crypto Lending Platform Maker, Buys Wrapped Ether
https://www.coindesk.com/tech/2023/02/13/wormhole-bridge-exploiter-supplies-46m-to-crypto-lending-platform-maker-buys-wrapped-ether/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The exploiter is probably earning yields on staked cryptocurrency.

Bitcoin channel

13 Feb 2023 12:51

Bernstein Says Regulatory Backlash Will Lead to More DeFi and Offshore Crypto
https://www.coindesk.com/policy/2023/02/13/bernstein-says-regulatory-backlash-will-lead-to-more-defi-and-offshore-crypto/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Regulatory overreach will spur movement toward decentralized finance apps built directly on-chain by anonymous teams, the report said.

Bitcoin channel

13 Feb 2023 12:49

UAE Plans to Issue a CBDC to Promote Digital Payments
https://www.coindesk.com/policy/2023/02/13/uae-plans-to-issue-a-cbdc-to-promote-digital-payments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates' new Financial Infrastructure Transformation Program.

Bitcoin channel

13 Feb 2023 09:01

Cathie Wood's ARK Buys Another $9.2M Coinbase After Stock's January Rally
https://www.coindesk.com/business/2023/02/13/cathie-woods-ark-buys-another-92m-coinbase-after-stocks-january-rally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

COIN is down 20% during the last week after a record-breaking rally in January where it rose nearly 95%.