CoinDesk
MicroStrategy to Split Stock 10:1 After Share Price Triples in a Year on Bitcoin Rally
The company is the largest corporate bitcoin holder with more than $13 billion worth of BTC in its treasury.
DAO-Specific Legislation Isn’t Needed Yet, English Legal Body Says
The Law Commission said decentralized autonomous organizations appear to fall under existing laws for the time being.
Exponential.fi Wants to Make It Easier to Invest in DeFi
The platform aims to make it easy to identify opportunities, bridge fiat, assess risk, and invest in crypto all-in-one.
Crypto Market Rebound Expected in August, Liquidations to Finish By July-End: JPMorgan
The bank reduced its year-to-date crypto market net flow estimate to $8 billion due to a decline in bitcoin reserves across exchanges in the past month.
First Mover Americas: Bitcoin Holds $58K Ahead of U.S Inflation Report
The latest price moves in bitcoin (BTC) and crypto markets in context for July 11, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Compound Finance Site Compromised in Phishing Attack
The website leads to a phishing page that could drain user funds, but the actual protocol remains unaffected.
Crypto Speculation Index Slide Suggests Bitcoin Bull Market Reset
Key gauge shows that the speculative forth prevalent during the first quarter has dissipated.
ARG Token Doubles as Argentina Enters Copa America Final
The Argentina Football Association’s ARG is the largest soccer fan token by trading volume, according to CoinMarketCap.
Staked Ether Close to All-Time High as ETF Approval Nears
Polymarket bettors give a 90% chance that ether ETFs get approved by July 26.
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
Increased prospects of Fed rate cuts could bode well for BTC’s recovery.
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.
Jump Trading Drags FTX Estate to Court Over $264M Serum Token Loan
Jump Trading’s Tai Mo Shan subsidiary is seeking nearly $264 million in damages over a failed delivery of SRM tokens – more than the protocol’s current market cap.
Protocol Village: SKALE’s ‘Pacifica V3’ Upgrade to Double Transaction Throughput
The latest in blockchain tech upgrades, funding announcements and deals. For the period of July 18-24.
Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020
BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ).
As DOE Preps for Take Two of Controversial Crypto Mining Survey, Industry Weighs in
After the U.S. Department of Energy’s (DOE) first attempt to survey crypto mining companies about their energy usage was kneecapped by a lawsuit, the department is getting ready to try again – but this time, it’s seeking input from crypto industry participants.
Bitcoin Price Decline on Germany, Mt. Gox and Miner Sell Pressure May Be Overblown: NYDIG
Recent blockchain movements sparked “irrational” fears, offering a buying opportunity for investors, NYDIG’s Greg Cipolaro said.
Bragging Rights Are Key to Retaining Web3 Gamers
Gaming is a social endeavor, so winning means cooperating with your friends in quests or beating the player on the other screen, and telling the world about your achievements, says Allen Ng, Co-Founder of OpenSocial Protocol.
The Protocol: Side-Dealing Accusations Put Crypto VC Funding in Spotlight
In this week’s blockchain tech newsletter, we’re highlighting the firm Polychain’s accusation against a former general partner over an alleged ethics breach, along with Ethereum co-founder Vitalik Buterin’s speech in Brussels and Bitcoin’s Saxony problem.
As the U.S. Commodities Regulator Urges Fast Crypto Action, Senators Still Scrambling
While Senate Agriculture Committee Chairwoman Debbie Stabenow (D-Mich.) said that her latest legislative proposal for overseeing the crypto markets is on the way to her panel’s fellow members this week, the committee’s top Republican said his meetings with the digital assets industry indicate that those businesses don’t yet like what they’re seeing.
How Staking Rate Benchmarks Can Build Digital Assets Markets
By comparing their returns to a trusted industry benchmark, Ethereum operators can identify areas for improvement and optimize their operations, as well as to differentiate their staking products in a competitive market, says Tom Whitton, CFO, Pier Two.
How Tokenized Real World Assets Are Outperforming Crypto
Whether to hedge against crypto volatility, add utility and efficiencies, or streamline access to alternatives, tokenized RWAs make sense for investors and institutions alike.
Bitcoin at Pivotal Point as Bear Market Beckons: Onchain Data
Bitcoin is it a crucial stage in this market cycle as several factors signal continued downside whilst others indicate that BTC is set to bottom out.
Stop Trying to Sell Gamers What They Don’t Want
A realistic look at what the Web3 stack actually offers game developers and players, from Jyro Blade, product lead at PlayFi.
CoinDesk 20 Performance Update: RNDR and NEAR Lead Gains as Index Inches Higher
The CoinDesk 20 is currently trading at 1975.16, marking a slight 0.7% increase since yesterday.
Crypto Investment Firm Hypersphere Unveils $130M Market Fund
The Atlas fund aims to use Wall Street-style strategies to generate returns from investments in the crypto market.