Hong Kong Successfully Offered Inaugural $100M Tokenized Green Bond
https://www.coindesk.com/policy/2023/02/16/hong-kong-successfully-offered-inaugural-100m-tokenized-green-bond/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Hong Kong's central bank had been exploring tokenization of green bonds since at least 2021.
Wyoming Lawmakers Pass Bill Prohibiting Forced Disclosure of Private Crypto Keys
https://www.coindesk.com/policy/2023/02/16/wyoming-lawmakers-pass-bill-prohibiting-forced-disclosure-of-private-crypto-keys/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The prohibition will not apply in cases where there is no alternative way to access the requisite information.
Short Trades Make up 90% of $200M in Losses as Bitcoin, Ether Surge
https://www.coindesk.com/markets/2023/02/16/short-trades-make-up-90-of-200m-in-losses-as-bitcoin-ether-surge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin futures saw some $85 million in losses alone, data shows.
GQ Magazine to Launch Its First NFT Collection Linked to Real-World Rewards
https://www.coindesk.com/web3/2023/02/16/gq-magazine-to-launch-its-first-nft-collection-linked-to-real-world-rewards/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Holders of the inaugural GQ3 collection will have access to a magazine subscription, merchandise and live events.
Binance Bracing Itself for Fines From US Regulators to Settle ‘Past Conduct’: WSJ
https://www.coindesk.com/policy/2023/02/16/binance-bracing-itself-for-fines-from-us-regulators-to-settle-past-conduct-wsj/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
As U.S. regulators continue to sniff around Binance, the world’s largest crypto exchange is prepared to pay monetary penalties to “make amends” for past regulatory violations, according to The Wall Street Journal.
Crypto Trading Firm Auros Global Restructures $18M in Debt on Maple Finance
https://www.coindesk.com/business/2023/02/15/crypto-trading-firm-auros-global-restructures-18m-in-debt-on-maple-finance/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Auros Global has missed its payments on decentralized finance loans since November, citing funds frozen on the collapsed crypto exchange FTX.
Stanford Research Director, Former Dean Revealed to Be Bankman-Fried's Bond Signers
https://www.coindesk.com/policy/2023/02/15/us-judge-orders-bankman-frieds-lawyers-to-reveal-bond-signer-names/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
A federal judge ruled that the names of Sam Bankman-Fried's bond co-signers should be revealed after Bankman-Fried did not apply to the appeals court.
State of Crypto: Interpreting the Paxos-Binance Tea Leaves
https://www.coindesk.com/policy/2023/02/15/state-of-crypto-interpreting-the-paxos-binance-tea-leaves/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates securities laws, and the New York Department of Financial Services has asked Paxos to cease issuing the token.
Bitcoin NFTs Protocol Ordinals Surpasses 100,000 Inscriptions
https://bitcoinmagazine.com/technical/bitcoin-nfts-surpasses-100000-inscriptions
There are now more than 100,000 pieces of data inscribed directly onto the Bitcoin blockchain.
Web5 App Zion Launches New Version, Raises $6M In Funding Round
https://bitcoinmagazine.com/business/web5-app-zion-launches-new-version
Zion’s latest funding round brings the decentralized social platform company’s valuation to $53 million.
Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
https://www.coindesk.com/markets/2023/02/15/explaining-the-disconnect-between-bitcoin-and-treasury-yields-post-us-inflation-data/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin and technology stocks rose Tuesday even as hotter-than-expected U.S. inflation revived Fed angst and lifted Treasury yields.
Celsius's CEL Token May See 20 Cent Value in Recovery Process, Attorney Says
https://www.coindesk.com/policy/2023/02/15/celsiuss-cel-token-may-see-20-cent-value-in-recovery-process-attorney-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
An attorney for bankrupt crypto lender Celsius said the company might value its CEL token at 20 cents, down significantly from its current market value of 54 cents.
Sam Bankman-Fried, Caroline Ellison, and Other Company Insiders Subpoenaed by FTX for Documents
https://www.coindesk.com/markets/2023/02/15/sam-bankman-fried-caroline-ellison-and-other-company-insiders-subpoenaed-by-ftx-for-documents/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Subpoenas come after a U.S. judge overseeing bankruptcy proceedings gave a green light to FTX's Official Committee of Unsecured Creditors and its leadership to serve the insiders.
Bitcoin Magazine Ukraine Launches First Print Issue
https://bitcoinmagazine.com/culture/bitcoin-magazine-ukraine-first-print
Eastern Europe will soon see its first print publication out of Bitcoin Magazine Ukraine, aimed at enabling freedom through Bitcoin.
First Mover Americas: Lido DAO’s Governance Token Jumps 17%
https://www.coindesk.com/markets/2023/02/15/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. 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
With Bitcoin Integration, Nostr Could Redefine Social Media
https://bitcoinmagazine.com/culture/nostr-and-bitcoin-can-change-social-media
Incorporating many of the values inherent in Bitcoin, the Nostr protocol could grow into a social media platform that better serves its users.
Bitcoin Primed to Rally to $56K as Nasdaq Breaks Out of Bull Flag, Chart Analyst Says
https://www.coindesk.com/markets/2023/02/16/bitcoin-primed-for-parabolic-rally-to-56k-as-nasdaq-breaks-out-of-bull-flag-chart-analyst/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Analyst, who correctly predicted the late 2020 bull run, said 2023 could be a surprisingly good year for both crypto and equities.
Bitcoin's Correlation To Risk Assets
https://bitcoinmagazine.com/markets/bitcoins-correlation-to-risk-assets
While many bitcoin investors look for the asset to behave as a safe haven, bitcoin typically has ultimately acted as the riskiest of all risk allocations.
First Mover Asia: Bitcoin Rockets Past $24.7K to Hit 6-Month High
https://www.coindesk.com/markets/2023/02/16/first-mover-asia-bitcoin-rockets-past-247k-to-hit-6-month-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
ALSO: Shaurya Malwa considers a 24-hour surge in trading volume for BLUR, the token of the NFT marketplace BLUR, following the platform's airdrop. Bitcoin rockets past $24.7K.
US Prosecutors Ask Judge to 'Prohibit' Bankman-Fried From Using Phones, Internet
https://www.coindesk.com/policy/2023/02/15/us-prosecutors-ask-judge-to-prohibit-bankman-fried-from-using-phones-internet/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Federal prosecutors asked a judge to modify the terms of FTX founder Sam Bankman-Fried's release on bond to ban him from using cell phones or the internet except under very specific conditions.
The SEC Is Taking Aim at Paxos and (Annoyingly) It’s Good for Bitcoin
https://www.coindesk.com/consensus-magazine/2023/02/15/the-sec-is-taking-aim-at-paxos-and-annoyingly-its-good-for-bitcoin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Blur Escalates Royalty Battle With OpenSea, Recommends Blocking Platform
https://www.coindesk.com/web3/2023/02/15/blur-escalates-royalty-battle-with-opensea-recommends-blocking-platform/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The zero-fee marketplace published a blog post on Wednesday explaining how creators can earn full royalties on its platform, suggesting that they block sales on competitor OpenSea.
Former Paxos Exec: Regulators Failed to Address Crypto Collapses, Now They’re Going After 'On-Ramps'
https://www.coindesk.com/policy/2023/02/15/former-paxos-exec-regulators-failed-to-address-crypto-collapses-now-theyre-going-after-on-ramps/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Jesse Austin Campbell, former head of portfolio management at the firm, says that because regulators did not adequately address the collapses of Celsius Network, Terra Luna and FTX, they are now in pursuit of on-ramps to get to Binance.
SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
https://www.coindesk.com/policy/2023/02/15/sec-proposal-could-bar-investment-advisers-from-keeping-assets-at-crypto-firms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The U.S. Securities and Exchange Commission (SEC) is set to propose a rule that would effectively require registered investment advisers to go outside the crypto industry for storing digital assets, according to its first formal policy push that leans heavily into the cryptocurrency sector.
Crypto Long & Short: Sorting Out Bitcoin’s P/E Ratio
https://www.coindesk.com/business/2023/02/15/crypto-long-short-sorting-out-bitcoins-pe-ratio/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
This week, Glenn Williams Jr. taps his equity research analyst background – the land of price-to-earnings ratios and other valuation techniques – to sort out whether bitcoin is under- or overvalued. Then, Jennifer Murphy, the CEO of Runa Digital Assets, puts digital assets into very broad historical context (the year 1771 gets a mention) and explains how just a few winners tend to drive markets over the long-haul.
Bitcoin Miner Hive Delays Latest Financial Filings Till End of February
https://www.coindesk.com/business/2023/02/15/bitcoin-miner-hive-delays-latest-financial-filings-till-feb-end/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Hive has applied the British Columbia Securities Commission for a management cease trade order, which restricts its CEO and CFO from trading shares until the filing has been completed.
Arbitrum Surges Ahead as Ethereum’s Layer 2 Landscape Takes Shape
https://www.coindesk.com/tech/2023/02/15/arbitrum-surges-ahead-as-ethereums-layer-2-landscape-takes-shape/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Layer 2 rollups now see more transaction volume than Ethereum’s main network.
Judge Denies Appointment of Independent Examiner in FTX Bankruptcy
https://www.coindesk.com/policy/2023/02/15/judge-denies-appointment-of-independent-examiner-in-ftx-bankruptcy/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Delaware bankruptcy court judge sided with the bankrupt crypto exchange and said there is no need to appoint an examiner to conduct "yet another costly investigation that would slow the progress" of the case.
4 Reasons Why Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
https://www.coindesk.com/consensus-magazine/2023/02/15/4-reasons-why-lawmakers-shouldnt-back-sen-warrens-latest-crypto-bill/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.
Republicans Plan to Reintroduce Legislation Restricting Crypto in 401(k): Politico
https://www.coindesk.com/policy/2023/02/15/republicans-plan-to-reintroduce-legislation-restricting-crypto-in-401k-politico/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.