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CoinDesk

River Financial Offers Payment Gateway for Bitcoin’s Multi-Asset Upgrade

October 11, 2022 by

The River Lightning Services solution wants to help developers utilize Taro, the Lightning Network upgrade bringing stablecoins and other assets to Bitcoin

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Número récord de empresas brasileñas compraron cripto en agosto

October 11, 2022 by

Según la autoridad fiscal del país sudamericano, 12.053 empresas declararon haber comprado cripto durante ese mes.

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Blockfusion’s Crypto Mine in Niagara Falls Shut Down Due to Zoning Ordinances

October 11, 2022 by

As soon as the city’s moratorium on the industry was lifted, Blockfusion was ordered to shut down over zoning issues.

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New Metis Rollup Tech Addressees Ethereum Scalability for Businesses

October 11, 2022 by

The layer 2 platform’s team includes the mother of Ethereum creator Vitalik Buterin

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First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball

October 11, 2022 by

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 11, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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BNY Mellon to Begin Crypto Custody Service: Report

October 11, 2022 by

The custodial lender earlier fall received approval from the NYDFS to begin holding bitcoin and ether for certain customers, reports the WSJ.

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Google Partners With Coinbase to Accept Crypto Payments for Cloud Services

October 11, 2022 by

Google will start accepting crypto payments for cloud services early next year, according to a CNBC report.

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Block Subsidiary Spiral, Mining Tech Firm Braiins Spearhead Push for Bitcoin Mining Upgrades

October 11, 2022 by

The firms are pushing for the adoption of Stratum V2, which promises to increase the bitcoin network’s censorship resistance and decentralization.

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Smart-Contract Platform Soroban Receives $100M to Build on Stellar Network

October 11, 2022 by

The Stellar Network-based platform is supported by a $100 million adoption fund from the Stellar Development Foundation.

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The Rise and Fall of Bitcoin Maximalism

October 11, 2022 by

Crypto’s first token created a culture and then a monster.

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Brokerage Firm Bernstein Says NFTs Are Not Dead

October 11, 2022 by

These tokens are redefining the crypto consumer stack, the report said.

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Bitcoin Miner Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure

October 11, 2022 by

Bitcoin (BTC) miner Greenidge Generation Holdings’ (GREE) CEO expects to record a GAAP net loss of between $20 and $22 million for the third quarter.

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Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Show

October 11, 2022 by

Alex Mashinsky, who resigned as Celsius’ CEO on September 27, continues to move crypto out of wallets while withdrawals are suspended for customers.

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Bitcoin’s Calm Amid Soaring Bond Market Volatility Points to ‘HODLer’-Dominated Crypto Market

October 11, 2022 by

Bitcoin’s 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets.

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‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog

October 11, 2022 by

Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.

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Ripple Builds New Partnerships in France and Sweden Despite Crypto Bear Market

October 11, 2022 by

Ripple inked deals with Paris-based payment provider for online marketplaces Lemonway and Swedish money transfer provider Xbaht focused on the Thailand remittances corridor.

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Coinbase Gets Singapore Digital Payment Token License

October 11, 2022 by

Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore.

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Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round

October 11, 2022 by

The platform will allow investors to use their crypto as collateral for financing real estate investments.

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First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

October 11, 2022 by

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

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‘Fear’ May be Keeping Ooki DAO From Mounting Defense Against CFTC

October 11, 2022 by

No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort

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DIMO Helps Drivers Gain and Monetize Their Car Data

October 10, 2022 by

Post Content

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Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

October 10, 2022 by

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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EU Commission Launches Proposal for Study of Automated DeFi Supervision

October 10, 2022 by

The study is the latest in a series of moves in a regulatory push across the bloc.

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Bitcoin y ether caen ligeramente mientras surgen dudas macroeconómicas en el mercado

October 10, 2022 by

Un analista cripto afirmó que la caída del mercado está probablemente influenciada por la disminución del riesgo antes de la publicación de los datos de inflación del jueves.

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Portuguese Proposal Would Enact Taxes on Crypto Transfers, Capital Gains

October 10, 2022 by

The country had been notable for having no crypto taxes on individuals, but the finance minister last spring had promised that stance was soon to end.

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Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

October 10, 2022 by

The market downturn is likely influenced by some de-risking ahead of Thursday’s release of Consumer Price Index inflation, one crypto analyst says.

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Record Number of Brazilian Companies Bought Crypto in August

October 10, 2022 by

According to the South American country’s tax authority, 12,053 companies reported purchasing crypto in the month.

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Binance Exec: BNB Smart Chain Hack Could Have Been Worse if Validators Hadn’t ‘Sprung Into Action’

October 10, 2022 by

Patrick Hillmann, chief communications officer at crypto exchange Binance, joined “First Mover” to discuss last week’s $100 million exploit and how validators prevented the worst case scenario.

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Lawmakers Overwhelmingly Back EU’s MiCA Crypto Law in Committee Vote

October 10, 2022 by

The landslide support paves the way for the landmark crypto licensing regulation to take effect as of 2024.

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Crypto Funds Witness Minor Outflows – but It’s Bullish, Actually

October 10, 2022 by

The majority of outflows were from “short” investment products, or those betting on price declines, according to CoinShares. It might be a sign that bearish sentiment is dissipating.

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