CleanSpark Acquires 20,000 Bitcoin Miners For New Facilities
https://bitcoinmagazine.com/business/cleanspark-acquires-20000-bitcoin-miners
The new miners will contribute to CleanSpark’s ongoing expansion, just as the Bitcoin market ramps up.
CFTC Charges California Firm and CEO With Fraud, Misappropriation of Digital Assets
https://www.coindesk.com/policy/2023/02/16/cftc-charges-california-firm-and-ceo-with-fraud-misappropriation-of-digital-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The commission alleges the defendants fraudulently solicited over $7 million worth of bitcoin and ether and misappropriated a portion of the funds in a Ponzi-like scheme.
Access Protocol’s ACS Token Rallies After Web3 Paywall’s Public Airdrop
https://www.coindesk.com/business/2023/02/16/access-protocols-acs-token-rallies-after-web3-paywalls-public-airdrop/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The early airdrops accounted for just 2% of the token’s initial allocation, according to a version of the pitch deck viewed by CoinDesk.
Canada Close to Tightening Rules for Crypto Exchanges: Sources
https://www.coindesk.com/policy/2023/02/16/canada-close-to-tightening-rules-for-crypto-exchanges-sources/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Later this month, Canada’s umbrella markets regulator, the Canadian Securities Administrators (CSA), will tighten requirements for cryptocurrency exchanges operating in the country, according to two people who have been briefed on the plans.
Flashbots Proposes New Class of ‘Matchmakers’ to Share MEV Gains With Ethereum Users
https://www.coindesk.com/tech/2023/02/16/flashbots-proposes-new-class-of-matchmakers-to-share-mev-gains-with-ethereum-users/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The new protocol known as "MEV-Share" would distribute the gains from "maximal extractable value" to users of the Ethereum blockchain in addition to validators and block builders. According to the Flashbots team, it's an early implementation of the SUAVE blockchain.
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
https://www.coindesk.com/business/2023/02/14/digital-asset-infrastructure-provider-taurus-raises-65m-from-credit-suisse-deutsche-bank/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE.
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.
Ken Griffin's Citadel Securities Discloses 5.5% Stake in Crypto Bank Silvergate
https://www.coindesk.com/business/2023/02/14/ken-griffins-citadel-discloses-55-silvergate-stake/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
An SEC filing shows the stake, which doesn’t necessarily represent a new investment strategy.
Web3 Firm Unstoppable Domains and Crypto Browser Opera Expand Digital Identity Offerings
https://www.coindesk.com/web3/2023/02/16/web3-firm-unstoppable-domains-and-crypto-browser-opera-expand-digital-identity-offerings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The domain name provider is now offering access to Polygon-based digital identities on Opera’s crypto web browser.
Crypto Industry Body GBBC Joins Securities Regulator Group IOSCO as Affiliate Member
https://www.coindesk.com/policy/2023/02/16/blockchain-industry-association-gbbc-digital-joins-international-securities-regulator-iosco/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
GBBC Digital Finance's goal is to engage regulators to inform how policy will be developed by the world's major regulatory bodies.
FTX’s Bahamas Unit Commingled Client, Corporate Funds, Liquidators Say
https://www.coindesk.com/policy/2023/02/16/ftxs-bahamas-unit-commingled-client-corporate-funds-liquidators-say/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FTX Digital Markets Ltd. had bank accounts with a balance of $219 million, a report by PriceWaterhouseCoopers said.
Crypto Miner CleanSpark Extends Bear-Market Strategy, Buying 20K of Bitmain's Newest Rigs
https://www.coindesk.com/business/2023/02/16/crypto-miner-cleanspark-extends-bear-market-strategy-buying-20k-of-bitmains-newest-rigs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The new Bitmain Antminer S19j Pro+ will add 37% to CleanSpark's computing power.
Mt. Gox’s 2 Largest Creditors Pick Payout Option That Won’t Force Bitcoin Selloff: Sources
https://www.coindesk.com/business/2023/02/16/mt-goxs-2-largest-creditors-pick-payout-option-that-wont-force-bitcoin-selloff-sources/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The two largest creditors of failed crypto exchange Mt. Gox have picked a repayment option that could allay fears bankruptcy repayments will tank the price of bitcoin, sources say.
Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access
https://www.coindesk.com/policy/2023/02/16/tornado-cash-devs-criminal-case-in-europe-may-hinge-on-laptop-access/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Dutch prosecutors now have access to Alexey Pertsev’s computer, and are using it to probe key details, like governance and profit-making at the privacy service.
Signature Bank CEO Joe DePaolo Will be Replaced by COO Eric Howell Following Transition Period
https://www.coindesk.com/business/2023/02/16/signature-bank-ceo-joe-depaolo-plans-to-step-down-following-transition-period/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
DePaolo will also step down from his role as President.
Compute North’s Reorganization Plan Approved by Bankruptcy Judge
https://www.coindesk.com/policy/2023/02/16/compute-norths-reorganization-plan-approved-by-bankruptcy-judge/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The hosting firm, one of North America’s largest, settled $250 million in secured debt and settled with about 11 companies.
Coinbase Downgraded to Neutral at DA Davidson Ahead of Earnings
https://www.coindesk.com/business/2023/02/16/coinbase-downgraded-to-neutral-at-da-davidson-ahead-of-earnings/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
D.A. Davidson analyst Chris Brendler downgraded Coinbase (COIN) to neutral from buy after a more than doubling in the stock in 2023 sent the price surging past his $55 price target.
Blur Surpassed OpenSea in Daily NFT Trading Volume Wednesday, Nansen Shows
https://www.coindesk.com/web3/2023/02/16/blur-surpassed-opensea-in-daily-nft-trading-volume-wednesday-nansen-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
NFT marketplace OpenSea’s dominance in the NFT ecosystem faces a growing challenge from Blur’s rapid ascent.
Art Blocks and NFT Gallery Bright Moments Team Up to Bring Generative Art IRL
https://www.coindesk.com/web3/2023/02/16/art-blocks-and-nft-gallery-bright-moments-team-up-to-bring-generative-art-irl/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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
SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg
https://www.coindesk.com/policy/2023/02/14/sec-to-make-it-harder-for-hedge-funds-to-work-with-crypto-firms-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The rule change would make it harder for crypto firms to become "qualified custodians," according to the report.
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.
Wyoming Legislature Passes Bill Protecting Bitcoin Private Keys From Courts
https://bitcoinmagazine.com/legal/wyoming-legislature-bill-protecting-private-keys
It is now up to the governor of Wyoming to put the final stamp of approval on the landmark bill.
Matter Labs Says zkSync 2.0 Entering New ‘Era’ With Re-Brand and Developer Rollout
https://www.coindesk.com/tech/2023/02/16/matter-labs-says-zksync-20-entering-new-era-with-re-brand-and-developer-rollout/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Matter Labs has renamed zkSync 2.0, its zero-knowledge rollup platform, to “zkSync Era” and is making its code open-source.
Sam Bankman-Fried’s Altruism Wasn’t Very Effective
https://www.coindesk.com/consensus-magazine/2023/02/16/sam-bankman-frieds-altruism-wasnt-very-effective/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The disgraced CEO's altruism fell short, and with it, undermined the credibility crypto could have on innovation, Lucía Gallardo, founder of regenerative finance project Emerge, writes.
BUSD Drama Sets Stage for Stablecoin Market Reshuffling
https://www.coindesk.com/business/2023/02/16/busd-drama-sets-stage-for-stablecoin-market-reshuffle/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Binance’s bet on its BUSD stablecoin could backfire into a revamping of who’s winning in crypto’s dollar-pegged token markets.
Bitcoin Jumps Past $25K for First Time Since June 2022
https://www.coindesk.com/markets/2023/02/16/bitcoin-jumps-past-25k-for-first-time-since-june-2022/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The largest cryptocurrency by market capitalization continued its momentum from Wednesday.
First Mover Americas: Bitcoin Soars to Highest Level Since August
https://www.coindesk.com/markets/2023/02/16/first-mover-americas-lido-daos-governance-token-jumps-17/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 16, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens
https://www.coindesk.com/tech/2023/02/16/startup-sustainable-bitcoin-protocol-completes-first-transaction-of-clean-mining-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin miner CleanSpark sold clean-bitcoin tokens to alternative investment firm Melanion Capital.
Market Demand Pushes Trading Volumes on DEX Level Finance to Over $1B
https://www.coindesk.com/markets/2023/02/16/market-demand-pushes-trading-volumes-on-dex-level-finance-over-1b/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The decentralized exchange was launched just over two months ago and earned lifetime fees of $1.2 million.