Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech
https://www.coindesk.com/business/2023/02/20/energy-giant-saudi-aramco-signs-agreement-with-droppgroup-to-build-web3-tech/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers.
Crypto and Bitcoin Miners Rebrand and Diversify to Survive: A Look at Their New Strategies.
https://www.coindesk.com/consensus-magazine/2023/02/21/bitcoincrypto-miners-diversifying-amid-icy-winter/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Some of these new business lines are more profitable than bitcoin mining – but not all.
The Open Network Releases On-Chain Governance Platform, TON Token Volume Surges 98%
https://www.coindesk.com/business/2023/02/21/the-open-network-releases-on-chain-governance-platform-ton-token-volume-surges-98/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The project that spawned out of Telegram's abandoned foray into crypto now has a live governance platform.
Friendsies NFT Collection Deletes Twitter After 'Pause' Announcement Spurs Rug Pull Accusations
https://www.coindesk.com/web3/2023/02/21/friendsies-nft-collection-deletes-twitter-after-pause-announcement-spurs-rug-pull-accusations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Prominent NFT influencers such as generative artist Jen Stark and Rug Radio host Farokh were named as early promoters of the project, which raised millions from its initial drop.
Crypto Analysts Scramble to Explain Bitcoin's Pause Near $25K
https://www.coindesk.com/markets/2023/02/21/crypto-analysts-scramble-to-explain-bitcoins-pause-near-25k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoin is struggle to establish a foothold above $25,000, a level that capped the August 2022 price bounce.
FTX Bankruptcy Claims Sell for 20 Cents on the Dollar in Private OTC Markets
https://www.coindesk.com/business/2023/02/20/ftx-bankruptcy-claims-sell-for-20-cents-on-the-dollar-in-private-otc-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Distressed asset funds can pick up FTX bankruptcy claims for around 20 cents on the dollar in hidden over-the-counter (OTC) markets, a person familiar with the matter told CoinDesk.
HRF Donates 2 Billion Satoshis To 10 Global Bitcoin Projects
https://bitcoinmagazine.com/culture/hrf-donates-2-billion-satoshis-bitcoin-projects
Various projects supporting censorship resistance and Bitcoin education have received funding from the HRF.
Bitcoin Mining Consulting Firm Sabre56 Raises $35M to Build 150MW of Hosting Sites
https://www.coindesk.com/business/2023/02/23/bitcoin-mining-consulting-firm-sabre56-raises-35m-to-build-150mw-of-hosting-sites/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto Regulatory Initiatives Show SEC’s Dominance Among US Regulators: JPMorgan
https://www.coindesk.com/policy/2023/02/23/crypto-regulatory-initiatives-show-secs-dominance-among-us-regulators-jpmorgan/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
XRP Ledger Proposes Cross-Chain Bridge to Increase Network and Token Utility
https://www.coindesk.com/tech/2023/02/23/xrp-ledger-proposes-cross-chain-bridge-to-increase-network-and-token-utility/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Cathie Wood's ARK Buys Over $13M of Coinbase Shares
https://www.coindesk.com/business/2023/02/23/cathie-woods-ark-buys-over-13m-of-coinbase-shares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Crypto Protocol Fetch.ai Partners With Bosch to Develop Web3 and AI Tech
https://www.coindesk.com/business/2023/02/21/fetch-ai-partners-with-bosch-to-jointly-explore-use-of-ai-and-web3-technology/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
FET tokens were up 5 cents following reports.
SEC Objects to Binance.US’ $1B Voyager Deal, Alleging Sale of Unregistered Securities
https://www.coindesk.com/policy/2023/02/23/sec-objects-to-binanceus-1b-voyager-deal-alleging-sale-of-unregistered-securities/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Layer 1 Blockchain Canto’s Daily Active Addresses and Transactions Dips 89% in February
https://www.coindesk.com/business/2023/02/23/layer-1-blockchain-cantos-daily-active-addresses-and-transactions-dips-89-in-february/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Spotify Is Testing Token-Enabled Music Playlists
https://www.coindesk.com/web3/2023/02/23/spotify-is-testing-token-enabled-music-playlists/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Paxos Is Holding a 'Constructive Discussion' With SEC: Reuters
https://www.coindesk.com/policy/2023/02/21/paxos-is-holding-a-constructive-discussion-with-sec-reuters/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
News of the talks comes a week after Paxos said it received a Wells Notice from the regulator.
CoinDesk Wins a Polk Award, One of Journalism's Top Prizes, for Explosive FTX Coverage
https://www.coindesk.com/business/2023/02/20/coindesk-wins-a-polk-award-a-top-journalism-prize-for-explosive-ftx-coverage/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Three stories were honored, including Ian Allison’s scoop that led to Sam Bankman-Fried’s $32 billion crypto empire collapsing in days.
CoinDesk's Major Award Is a Huge Moment for Us and Crypto Media Generally
https://www.coindesk.com/consensus-magazine/2023/02/20/coindesks-major-award-is-a-huge-moment-for-us-and-crypto-media-generally/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
The news that Ian Allison and Tracy Wang are joint recipients of a Polk Award, one of the most prestigious in journalism, for three November scoops that led to the unraveling of FTX’s empire is a source of immense pride for all of us at CoinDesk.
I’m American, but My Crypto Startup Won’t Be
https://www.coindesk.com/consensus-magazine/2023/02/21/why-i-wont-build-in-the-us/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
As I look for a jurisdiction to incorporate our new token-generating venture, every lawyer we have consulted told us the U.S. should be off the table. The lack of clear U.S. policy and regulations on crypto is driving entrepreneurs away, writes Iomob CEO Boyd Cohen, for Buidl Week.
Polyhedra Network Raises $10M for Zero-Knowledge Infrastructure
https://www.coindesk.com/business/2023/02/21/polyhedra-network-raises-10m-for-zero-knowledge-infrastructure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Binance Labs and Polychain Capital led the round with Animoca Brands and dao5 participating.
OKX’s February Proof-of-Reserves Report Shows $8.6B in ‘Clean Assets’
https://www.coindesk.com/business/2023/02/20/okxs-february-proof-of-reserves-report-shows-86b-in-clean-assets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Data from CryptoQuant maintains that reserves are 100% clean, compared to 94% for Binance and 61% for Huobi.
Crypto Analytics Firm Messari Cuts 15% of Workforce as Part of Restructuring
https://www.coindesk.com/business/2023/02/23/crypto-analytics-firm-messari-cuts-15-workforce-as-part-of-restructuring/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Ransomware Gang Conti Has Re-Surfaced and Now Operates as Three Groups: TRM Labs
https://www.coindesk.com/tech/2023/02/23/ransomware-group-conti-has-re-surfaced-under-a-new-name-trm-labs/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Europeans Suck At Managing Their Finances, But Bitcoin Fixes This
https://bitcoinmagazine.com/culture/bitcoin-helps-european-fix-their-finances
Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says
https://www.coindesk.com/markets/2023/02/23/bitcoin-stuck-in-bearish-elliott-wave-pattern-despite-47-rally-crypto-trading-firm-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Voyager to Hold Onto $445M of Alameda Loan Repayments Pending Court Order or Settlement
https://www.coindesk.com/business/2023/02/23/voyager-to-hold-onto-445m-of-alameda-loan-repayments-pending-court-order-or-settlement/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Bitcoiners Shouldn’t Fight Solar, They Should Embrace Resilience
https://bitcoinmagazine.com/culture/bitcoin-must-embrace-solar-power
Though Bitcoiners often fight solar power as merely another ESG attack vector, it could make Bitcoin more resilient and decentralized.
DZ, Germany's Second-Largest Bank, Taps Metaco for Digital Asset Custody
https://www.coindesk.com/business/2023/02/23/germanys-second-largest-bank-dz-taps-metaco-for-digital-asset-custody/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Polygon Blockchain Nodes Briefly Went Out of Sync, Affecting Explorer, Sowing Confusion
https://www.coindesk.com/tech/2023/02/22/polygon-blockchain-suffers-apparent-outage/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
First Mover Asia: Bitcoin Seesaws Above $24.1K Following Mixed FOMC Minutes
https://www.coindesk.com/markets/2023/02/23/first-mover-asia-bitcoin-seesaws-above-241k-following-mixed-fomc-minutes/?utm_medium=referral&utm_source=rss&utm_campaign=headlines