CoinDesk
SEC Chair Gensler Says CFTC Should Get More Power to Oversee Stablecoins: Report
Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins.
Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains
BTC was holding around $19,300, even as traditional markets lost steam following the release of third-quarter company earnings reports.
A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes
The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.
Why Did Crypto Surge After Bad Inflation News?
Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.
Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again
The “know your customer” and anti-money laundering system has evolved to become an excessive constraint on financial access and a dangerous imposition on liberty and privacy – even if the original security intent was reasonable.
Binance Pool lanza un fondo de US$500 millones para apoyar la minería de bitcoin
La empresa es la última en unirse al creciente grupo de prestamistas alternativos que buscan inyectar capital en la golpeada industria de la minería.
Mango Markets Community Counters Expoiter’s Settlement Offer
The initial offer appeared to have been rejected.
Bitcoin: es poco probable que registre una recuperación notable tras el short squeeze del jueves
Los rendimientos del Tesoro de Estados Unidos continúan siendo elevados luego de la publicación de los datos del CPI, algo que ofrecería una prueba de realidad para los activos de riesgo, incluyendo las criptomonedas.
BlockTower Putting $150M Crypto Fund to Work as Valuations Return ‘Down to Earth’
Thomas Klocanas talks DeFi, equity stakes and investing in a bear market
Bitcoin Gaming and Payments Company ZEBEDEE Launches New Open Source Bitcoin Initiative
The initiative has already cranked out five Lightning-related projects on GitHub.
Smart Contract Platforms: Past, Present and Future
A brief overview of smart contract platform use cases and the potential for investment.
UK’s FCA Appoints Binu Paul to Lead Its Digital-Assets Department
Previously, Paul worked as the fintech lead at New Zealand’s Financial Markets Authority.
Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions
The European Commission last week boosted restrictions on providing financial services to Russians.
UK Finance Minister Kwarteng Fired
Kwarteng’s departure leaves the future of the country’s stablecoin laws uncertain.
FTX’s Sam Bankman-Fried Backtracks on $1B Political Donation, Calls It ‘Dumb Quote’
The head of crypto exchange FTX is a political mega-donor and had earlier said he might donate up to $1 billion in the 2024 U.S. presidential election.
First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%
The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Hacker Agrees to Pay $22M in AT&T SIM-Swap Case
A 15-year-old crypto hacker that swindled crypto investor Michael Terpin out of millions has agreed to pay $22 million to the victim, according to a court filing in the Southern District of New York.
Bitcoin Miner Stronghold Digital Bolsters Balance Sheet by Cutting Costs, Slashing Debt by More Than 60%
Stronghold, which is currently restructuring its debt, can save up to $27.6 million in the next two years by ending its partnership with Northern Data.
Regulators Need Power to Take Down Foreign Crypto Sites, IOSCO Says
The global securities standard-setter is worried about the rise of misleading financial advice on social media, including for crypto
Bitcoin Unlikely to See Notable Recovery After Thursday’s Short Squeeze: Traders
Treasury yields remain elevated after the U.S. CPI, offering a reality check to risk assets, including cryptocurrencies.
UK Wants to Make It Easier to Seize Crypto in Terrorism Cases
The government wants to mirror planned changes to the Economic Crime and Transparency bill to enable authorities to swiftly seize crypto assets linked to terrorist activities.
Uniswap to Deploy on Privacy-Focused zkSync Following Community Vote
The proposal passed with nearly 100% of all votes agreeing to deploy Uniswap on zkSync, with over 72 million UNI staked by users.
US Judge Removes Legal Firm Roche Freedman From Class Action Against Tether, Bitfinex: Report
Law firm Roche Freedman was removed even after its controversial founder Kyle Roche filed to withdraw from the case.
Kraken Appoints Former Gemini UK Head as Its New UK Managing Director
Crypto exchange Kraken has appointed Gemini’s former UK chief Blair Halliday as its new UK managing director.
Binance Pool Starts $500 Million Fund to Support Bitcoin Mining
Binance Pool is the latest entity to join the growing ranks of alternative lenders looking to provide capital to the distressed mining industry.
First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos Surprising Rebound
Michael Wu says that bitcoin offers “a better form” of storing value than any previous type of asset and that ether provides great value as a “tech infrastructure investment.”
Crypto Trading Firm NYDIG Lays Off About 33% of Staff
Crypto brokerage services provider NYDIG laid off over 100 people in the past few weeks, or about a third of its staff.