CoinDesk
Trump Announces $99 Digital Trading Card NFTs
The edition of 45,000 NFTs features President Trump in various costumes and poses and will be minted on Polygon.
Web3 Community Platform Console Launches Beta to Fix ‘Broken’ Social Networks
The decentralized, privacy-forward startup hopes to address the challenges Web3 communities face on other social networks like spam, bots and reckless crypto shilling.
Wintermute, Venture Cap Octopus Given Seats on Key FTX Creditor Committee
The crypto firms and individual investors will play a key role in representing the issues of the million or so potentially owed money by Sam Bankman-Fried’s company
Coinbase Introduces Recovery Tool for Lost ERC-20 Tokens: Report
Users will be able to recover more than 4,000 as-yet unsupported Ethereum-based tokens starting in a few weeks, according to TechCrunch.
The Next Step in the Evolution of Web3: Regenerative Finance
“ReFi,” coined by economist John Fullerton, is the process of using markets to fix the issues markets have created. Crypto, the freest market system yet, can help bootstrap efforts to regenerate the world economy.
New York Banks Must Seek Advance Permission for Crypto Activity, Regulator Says
New guidance from the state department of Financial Services sets a 90-day advance notice period for state banks wishing to offer crypto-related services.
The Art World Underestimates the Power of NFTs
NFTs will bring about a profound structural shift in how art is created, enjoyed and sold.
Self-Custodial Onboarding Will Be the Norm in Web3’s 2023
By making sure users have self-custodial options easily available within their own services, Web3 projects can help the industry rise to safer standards.
Microsoft Bans Crypto Mining on Its Online Services Without Permission
Customers will require Microsoft’s written permission to mine crypto.
New Bitcoin and Ether Futures ETFs Launching in Hong Kong
The two new crypto funds, the first of their kind in Asia, will trade on the Hong Kong Stock Exchange.
Web3 Domain Provider Unstoppable Domains to Integrate With Etherscan and Polygonscan
The integration will make it easier to trace domain addresses on the two blockchain explorers.
The Sandbox Onboards Security Firm OpenZeppelin to Protect Its Platform from Attacks
The blockchain security firm behind the Forta network will monitor vulnerabilities, alert for potential threats, and audit smart contracts within the popular metaverse game.
The FTX Meltdown Calls for Higher Standards in Crypto Journalism
Revelations that Bankman-Fried secretly funded crypto news publisher The Block deepened mistrust of the crypto industry.
Perplexing Tranquility? Bitcoin’s Implied Volatility Hits Lowest Since October 2020
Bitcoin’s volatility will continue to drop as the economic backdrop improves and the market becomes resilient to the negative FTX headlines, one observer said.
First Mover Americas: Crypto Money-Laundering Bill on the Table
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 15, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
CryptoQuant: On-Chain Data Shows Crypto Exchange Binance Isn’t Exhibiting ‘FTX-Like’ Behavior
A report from the analytics firm says the exchange is almost entirely collateralized and diversified away from its proprietary token.
Incoming FCA Chair Thinks Crypto Firms Like FTX are Deliberately Evasive
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission (SFC) will be starting with the Financial Conduct Authority on Feb. 20.
Ethereum Name Service DAO Votes on Stewards for Three Working Groups
The stewards will be responsible for the Meta-Governance, ENS ecosystem, and the Public Goods working groups for 2023.
Telegram’s No-SIM Signup Feature Helps Toncoin Rally, Bitcoin Also Higher
Telegram users can purchase blockchain-based identities by paying Toncoin and bypass the need to use a SIM card to apply for the service as previously required.
Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November
Former CEO Sam Bankman-Fried has said he didn’t know of any commingling of funds between his companies.
Cathie Wood’s ARK Continues to Buy Coinbase’s Dip, Adding $3.2 Million of COIN to Portfolio
The latest purchase means ARK’s Innovation ETF holds 5.8 million COIN shares.
First Mover Asia: Bitcoin’s Strong Correlation to ‘Dr. Copper’ Grows Healthier; Bitcoin Seesaws Back to $17.8K
Over the past week, the correlation between the red metal and cryptocurrency has grown tighter, which bodes well for investors. But a strengthening U.S. dollar may suggest a less rosy future.
Crypto Markets Today: US Regulation Heats Up; Bitcoin Rises, Then Falls
Top cryptocurrencies lost earlier gains after the Federal Reserve signals interest rates to keep rising well into 2023. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Bitcoin Miner CleanSpark Cuts 2023 Hashrate Outlook by Nearly 30%
The miner cited delays in building out a mining facility by one of its partners, Lancium.
After FTX: Explaining the Difference Between Liquidity and Insolvency
Did FTX fall because of a “liquidity crisis” or a “run on the bank,” or was it insolvency? The language matters, says Frances Coppola.
After Sam Bankman-Fried’s Arrest, the FTX Show Goes On
Strap in folks: It’s a big week. Former FTX CEO Sam Bankman-Fried and current FTX CEO John J. Ray III were supposed to speak to the House Financial Services Committee. Obviously, things didn’t quite work out that way.
Sam Bankman-Fried Was a ‘Pathological Liar’: Congressman
Rep. Ritchie Torres (D-N.Y.) discusses how the disgraced CEO “misled the public” and what he did with Bankman-Fried’s $2,900 political donation.
NFT Marketplace Magic Eden Rolls Out Rewards Program
After re-enforcing royalties earlier this month, the marketplace will reward users for their trading volumes on the marketplace.
Bitcoin Miner Core Scientific’s Lender Wants to Give Miner $72M to Avoid Bankruptcy
Investment bank B Riley said most of the struggling miner’s issues are “self-imposed and can be corrected.”