Bitcoin channel

14 Feb 2023 22:22

SEC Case Against Bankman-Fried Postponed Pending Criminal Trial
https://www.coindesk.com/policy/2023/02/14/sec-case-against-bankman-fried-postponed-pending-criminal-trial/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Charges can wait until the Department of Justice’s case against the FTX founder concludes, the securities regulator said

Bitcoin channel

14 Feb 2023 22:20

Sam Bankman-Fried’s Super Bowl VPN Use Prompts Government Concern
https://www.coindesk.com/policy/2023/02/14/sam-bankman-frieds-super-bowl-vpn-use-prompts-government-concern/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The former FTX chief has being using privacy tools which prosecutors worry could be used to access the dark web.

Bitcoin channel

14 Feb 2023 22:18

Stablecoin Lender Liquity's LQTY Token Surges 45% as New York Regulator Goes After Paxos' BUSD
https://www.coindesk.com/markets/2023/02/14/interest-free-stablecoin-lender-liquitys-lqty-token-surges-45-as-regulators-go-after-paxos-busd/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Traders look more closely at decentralised censorship-resistant stablecoin lending protocols like Liquity in the wake of regulatory action on Paxos' centralized dollar-pegged cryptocurrency BUSD.

Bitcoin channel

14 Feb 2023 22:16

Stablecoins Are Not New. So Why Are Regulators Attacking Paxos?
https://www.coindesk.com/consensus-magazine/2023/02/14/stablecoins-are-not-new-so-why-are-regulators-attacking-paxos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

14 Feb 2023 22:14

First Mover Americas: Bitcoin Posts Slight Gains Ahead of US CPI Data
https://www.coindesk.com/markets/2023/02/14/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. 14, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

14 Feb 2023 22:12

Grayscale’s GBTC Discount Widens to Near-Record High
https://www.coindesk.com/markets/2023/02/13/grayscales-gbtc-discount-widens-to-near-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Shares of the bitcoin trust are selling at a 47% discount to its net asset value. The discount has been increasing over the past week.

Bitcoin channel

14 Feb 2023 17:24

Bain Capital Crypto Backs $4.5M Round for Blockchain Interoperability Startup Orb Labs
https://www.coindesk.com/business/2023/02/14/bain-capital-crypto-backs-45m-round-for-blockchain-interoperability-startup-orb-labs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Orb Labs emerges from stealth preparing to launch its first products.

Bitcoin channel

14 Feb 2023 17:21

UK Financial Regulator Takes Enforcement Action Against Crypto ATM Operators
https://www.coindesk.com/policy/2023/02/14/uk-financial-regulator-takes-enforcement-action-against-crypto-atm-operators/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The financial watchdog has teamed up with West Yorkshire Police to tackle crypto ATM operators in the city of Leeds

Bitcoin channel

14 Feb 2023 17:17

Volt Inu Community Passes Vote for $75M Token Burn, Plans Polygon Network Expansion
https://www.coindesk.com/markets/2023/02/14/volt-inu-community-passes-vote-for-75m-token-burn-plans-polygon-network-expansion/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Some 12 trillion VOLT were staked in favor of the token burn proposal.

Bitcoin channel

14 Feb 2023 15:43

Building On Human Ingenuity, Bitcoiners Are Fixing The Fragmented World
https://bitcoinmagazine.com/culture/bitcoiners-are-fixing-a-fragmented-world

While global elites tout financial surveillance through CBDCs, Bitcoiners are demonstrating the human goodwill made possible through self sovereignty.

Bitcoin channel

14 Feb 2023 13:51

Avalanche Blockchain Saw 1,500% Transactional Growth in 2022: Nansen
https://www.coindesk.com/tech/2023/02/14/avalanche-blockchain-saw-1500-transactional-growth-in-2022-nansen/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Such transactional activity came even as the total value of tokens locked on Avalanche-based decentralized finance applications slid from 2021’s $15 billion peak to just over $900 million in November 2022.

Bitcoin channel

14 Feb 2023 09:59

Blockchain Association Files Amicus Brief in Coinbase Insider Trading Case
https://www.coindesk.com/policy/2023/02/14/blockchain-association-files-amicus-brief-in-coinbase-insider-trading-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The crypto lobbying group is arguing that the SEC is engaging in “absentee enforcement” and that the creators of the nine tokens, that are at the centre of the insider trading case, are not linked to the case.

Bitcoin channel

14 Feb 2023 05:05

Biden to Name Fed Vice Chairwoman Lael Brainard as Top Economic Adviser: Bloomberg
https://www.coindesk.com/policy/2023/02/14/biden-to-name-fed-vice-chairwoman-lael-brainard-as-top-economic-adviser-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Brainard has been leading the U.S Federal Reserve's work on a potential digital dollar and has been minding the store on crypto policy discussions until the central bank appoints its permanent vice chair for supervision.

Bitcoin channel

14 Feb 2023 05:03

NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments
https://www.coindesk.com/web3/2023/02/14/nft-marketplace-magic-eden-partners-with-moonpay-to-offer-credit-card-payments/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

MoonPay has a similar partnership in place with NFT marketplace LooksRare.

Bitcoin channel

14 Feb 2023 00:24

How the SEC Could Reshape Ethereum’s Staking Landscape for the Better
https://www.coindesk.com/tech/2023/02/13/how-the-sec-could-reshape-ethereums-staking-landscape-for-the-better/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

By shutting down Kraken’s staking service, the SEC could shift power over Ethereum toward solo stakers and decentralized alternatives.

Bitcoin channel

14 Feb 2023 22:21

Crypto Exchange Coinmetro Buys Social Fundraising Platform Ignium
https://www.coindesk.com/business/2023/02/14/crypto-exchange-coinmetro-buys-social-fundraising-platform-ignium/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

With the €4 million ($4.3 million) acquisition, the Estonia-based crypto exchange Coinmetro intends to broaden its securities market offerings and develop tools for small businesses to raise funds directly from their communities using non-fungible tokens.

Bitcoin channel

14 Feb 2023 22:19

Siemens Issues Blockchain Based Euro-Denominated Bond on Polygon Blockchain
https://www.coindesk.com/business/2023/02/14/siemens-issues-blockchain-based-euro-denominated-bond-on-polygon-blockchain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The $64 million bond has a maturity of one year.

Bitcoin channel

14 Feb 2023 22:17

Polygon Sets March Date for zkEVM Mainnet Beta To Go Live
https://www.coindesk.com/tech/2023/02/14/polygon-sets-march-date-for-zkevm-mainnet-beta-to-go-live/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Details about the zkEVM beta network will be released over the next few weeks. The launch is set for March 27.

Bitcoin channel

14 Feb 2023 22:16

BNB Chain Aims to Double Transaction Speed, Targets ZK Tooling in 2023 Roadmap
https://www.coindesk.com/tech/2023/02/14/bnb-chain-aims-to-double-transaction-speed-targets-zk-tooling-in-2023-roadmap/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It also aims to more than triple the number of validators to 100.

Bitcoin channel

14 Feb 2023 22:13

Pantos, Multichain Token System Backed by Crypto Exchange Bitpanda, Starts Beta Version
https://www.coindesk.com/tech/2023/02/14/pantos-multichain-token-system-backed-by-crypto-exchange-bitpanda-starts-beta-version/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The launch by Pantos, backed by the Austrian crypto exchange Bitpanda, follows a $12.1 million initial coin offering in 2018.

Bitcoin channel

14 Feb 2023 17:26

Institutional Crypto Trading Platform Elwood Technologies Expands Offerings
https://www.coindesk.com/business/2023/02/14/institutional-crypto-trading-platform-elwood-technologies-expands-offerings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

14 Feb 2023 17:23

Investors Rush to Tether as Paxos' BUSD Faces Regulatory Heat, Curve Liquidity Pools Show
https://www.coindesk.com/markets/2023/02/14/investors-rush-to-tether-as-paxos-busd-faces-regulatory-heat-curve-liquidity-pools-show/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Investors are fleeing the Paxos-issued stablecoin even though the firm gave assurances it is fully backed and will be wound down in an orderly manner, one observer said.

Bitcoin channel

14 Feb 2023 17:19

Binance Hires Former Gemini-Exec as Chief Compliance Officer: Bloomberg
https://www.coindesk.com/business/2023/02/14/binance-hires-former-gemini-exec-as-chief-compliance-officer-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Perlman started in the role at Binance in January, having spent two and a half years as COO of Gemini and previously one year as CCO.

Bitcoin channel

14 Feb 2023 17:15

Crypto Startup Monad Labs Aims to Create Next ‘Ethereum Killer’ After Raising $19M
https://www.coindesk.com/business/2023/02/14/crypto-startup-monad-labs-aims-to-create-next-ethereum-killer-after-raising-19m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The seed round was led by Dragonfly Capital with the participation of 70 other investors.

Bitcoin channel

14 Feb 2023 13:53

US Judge Approves Removal of FTX Turkish Units From Bankruptcy Case
https://www.coindesk.com/business/2023/02/14/us-judge-approves-removal-of-ftx-turkish-units-from-bankruptcy-case/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

FTX had asked the court to greenlight the dismissal after Turkish authorities ordered the seizure of most of the crypto exchange's assets in the country.

Bitcoin channel

14 Feb 2023 10:00

Curve Token Surges Over 10% as Crypto Traders Eye Curve USD Stablecoin
https://www.coindesk.com/markets/2023/02/14/curve-token-surges-over-10-as-crypto-traders-eye-curve-usd-stablecoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Tokens related to decentralized stablecoin protocols gained in the past 24 hours following troubles at Paxos’ BUSD offering.

Bitcoin channel

14 Feb 2023 05:06

Magic Eden Lays Off 22 Staff as Part of Company-Wide Restructuring
https://www.coindesk.com/web3/2023/02/14/magic-eden-lays-off-22-staff-as-part-of-company-wide-restructuring/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

14 Feb 2023 05:04

First Mover Asia: Binance BNB Token Plunges, Bitcoin Holds Near $21.8K Amid US Regulatory Uproar
https://www.coindesk.com/markets/2023/02/14/first-mover-asia-binance-bnb-token-plunges-bitcoin-holds-near-218k-amid-us-regulatory-uproar/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

14 Feb 2023 03:04

Circle Sounded Alarm on Paxos, Told NYDFS Binance’s Stablecoin Wasn’t Fully Backed: Bloomberg
https://www.coindesk.com/policy/2023/02/13/circle-sounded-alarm-on-paxos-told-nydfs-binances-stablecoin-wasnt-fully-backed-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

New York’s top financial regulator is investigating stablecoin issuer Paxos – and, according to a new report, it was rival stablecoin issuer Circle that sounded an alarm.

Bitcoin channel

14 Feb 2023 00:23

Binance Withdrawals Surge as Paxos-BUSD Drama Weighs on the Exchange
https://www.coindesk.com/markets/2023/02/13/binance-withdrawals-surge-as-paxos-busd-drama-weighs-on-the-exchange/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Binance has endured some $828 million of net outflows in the past 24 hours, Nansen data shows. Monday’s outflow is the largest in a day since November, surpassing the withdrawal surge in December amid fears about Binance’s reserves.