The crypto industry is calling for U.S. regulations as the epic failures of FTX drag at the sector and most regulators say they can’t do the job without more powers from Congress. So far, a sound-and-fury campaign from lawmakers hasn’t yet signified a path forward.
The improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said.
The U.S. central bank raised its benchmark interest rate to a range of 4.25%-4.5% on Wednesday. Officials now expect the current rate-hiking cycle to peak next year at a “terminal rate” above 5%.
You got into crypto for the money. We got in for the system design. We are not the same, says Jenna Pilgrim.
Users can buy and transfer ether from PayPal to MetaMask.
Testimony from new boss John Ray has proven inflammatory in the Bahamas, where parallel proceedings are attempting to wind up the crypto exchange
U.S. Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) are introducing an act to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency.
We’re left with a smoking ruin of a yield industry, but with some incredibly important “green shoots” from which to rebuild.
The blockchain platform also invested $5 million in the venture studio, which will go towards backing incubated companies.
Visits to Indian exchanges Wazir X, CoinDCX, CoinSwitch Kuber and ZebPay fell 80% between Feb. 1 – when Prime Minister Narendra Modi’s government said it will introduce a 30% tax on crypto profits and a 1% transaction tax – and Oct. 1.
LatAm was touted as a promise land for miners just last month, but a crypto mining-friedly bill in Paraguay was shot down last week.
The latest price moves in bitcoin (BTC) and crypto markets in context for Dec. 14, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Slower inflation often portends a decline in corporate profitability, which is yet to be priced in by risk assets, Steno Research’s Andreas Steno Larsen said.
After the arrest of FTX founder Sam Bankman-Fried, some users fear that exchange behemoth Binance will be the next crypto domino to fall.
The bank expects a broader focus on decentralization in 2023 following this year’s failings in centralized crypto ventures.
Celsius previously missed an apparent deadline to make a claim based on its relationship with fellow crypto lender Voyager.
With the former FTX CEO’s arrest, the crypto market has now shifted its focus to improving macroeconomic conditions, analysts said.
The utility behind the Fukushima nuclear reactor is trying our crypto mining.
Australia’s government has promised to establish a framework for the licensing and regulation of crypto service providers in 2023.
“While we expect the next several months to be bumpy, we will get past this challenging period,” CZ said while assuring the organization is built to last.
Wave of miner bankruptcies could keep bitcoin under pressure in the first quarter of 2022, VanEck’s Matthew Sigel said, while forecasting a bull revival in the second half of the year.
Busan wants to integrate blockchain technology into all facets of government service, and create the first city-run crypto exchange.
Sam Bankman-Fried’s “personal piggy bank” Alameda Research was deeply intertwined with his exchange, FTX.
Binance launched the feature for users outside the U.S. in February 2021.
The reports look at internal controls over financial reporting, as well as controls based on trust principles.
Galaxy, the crypto-focused financial services firm, had won the auction for GK8 earlier in the month.
The former FTX CEO faces federal charges of wire fraud, conspiracy and other allegations. A positive November inflation report sends prices higher. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.
Sam Bankman-Fried, who was arrested late Monday, sought bail and warned he would want to fight extradition during a court appearance Tuesday.
