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CoinDesk

Blockchain Game Developer Horizon Raises $40M Series A: Report

October 4, 2022 by

The round was led by Brevan Howard Digital and Morgan Creek Digital, it also involved contributions from traditional gaming companies Ubisoft and Take-Two Interactive.

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Bitcoin Gains Momentum on Fed Pivot Narrative, But Some Banks Anticipate Dollar Rebound

October 4, 2022 by

Bitcoin rose above $20,000 soon before press time, extending Monday’s “ISM-induced gains” as dollar continued to lose ground. Some banks, however, are worried the dollar weakness may not be long lasting.

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EU’s ESMA Raises Alarm Bells Over Growing Crypto Use as It Prepares for New Powers

October 4, 2022 by

The European Securities and Markets Authority is worried about consumer rip-offs, as well as novel risks like hacks and consensus manipulation

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Shares in Grayscale’s Bitcoin Trust Trade at 36% Discount to Fund’s NAV

October 4, 2022 by

The shares first slipped into discount in February 2021 primarily due to alternatives like ETFs becoming available in Canada and Europe.

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First Mover Asia: Bitcoin Climbs Back Past $19.5K Amid Fresh Hopes for a Fed Retreat; Binance’s Failed Plan to Boost the Price of Luna Classic

October 4, 2022 by

The largest cryptocurrency by market capitalization and ether both spent much of Monday in the green.

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Rare David Bowie NFT Collaboration With FEWOCiOUS Sells for $127,000

October 3, 2022 by

The high-value sale on OpenSea continues a trend of celebrity estates minting postmortem memorabilia on the blockchain.

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What Is EthereumMax? Inside the Crypto Kim Kardashian Lost $1.2M Promoting

October 3, 2022 by

EthereumMax and the EMAX token won investors over with big promises and flashy names. But has it delivered?

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Luna Classic, Remnant of Terra Collapse, Drops After Underwhelming Binance Burn Mechanism Data

October 3, 2022 by

Binance’s scheme destroyed only 0.08% of the token’s bloated supply, too minuscule to have a lasting impact on the hyperinflated token.

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Court Rules CFTC Legally Served Ooki DAO Through Help Bot

October 3, 2022 by

The ruling came the same day a group of crypto lawyers and developers filed to join the CFTC’s case against Ooki DAO.

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Argentina’s State-Owned Energy Company Moves Into Crypto Mining

October 3, 2022 by

YPF is currently supplying power for a 1 megawatt operation and plans to launch a second project eight times larger before the end of the year.

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Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory

October 3, 2022 by

“Whale” investors moved a large volume of bitcoin off exchanges. The trend is often a bullish signal, suggesting investors are more interested in holding their bitcoin. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Azurbala NFT Mint Postponed After Art Goes Viral for Wrong Reasons

October 3, 2022 by

“We failed at doing the very thing that we do best, which is to involve the community in the creative process,” says an Azurbala co-founder.

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A16z Leads $40M Funding for Web3 Data Protocol Golden

October 3, 2022 by

The protocol will use tokens to incentivize users to submit accurate information.

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Bitcoin: estabilidad se asemeja a la calma de 2018 que terminó con una caída de 50%, según comunidad cripto de Twitter

October 3, 2022 by

A destacados analistas cripto les preocupa que la consolidación de precios de bitcoin indique que se avecina una caída más profunda, tal como sucedió hace cuatro años.

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US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator

October 3, 2022 by

The top U.S. financial regulators are warning of dangerous holes in the oversight of crypto and are asking Congress for more powers, including settling which agency will oversee the bulk of trading in bitcoins and other non-security tokens.

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Binance to Train Law Enforcement on How to Stop Crypto Crime

October 3, 2022 by

Matthew Price, head of intelligence and investigations of the Americas, joined CoinDesk TV’s “First Mover,” to discuss what role the largest cryptocurrency exchange is playing as it spearheads a global training program for law enforcement officials.

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Even ‘Safe’ Stablecoins Might Pose Financial Stability Risk, New York Fed Says

October 3, 2022 by

The rise of Circle’s USDC stablecoin – as opposed to the controversial Tether (USDT) – is a threat to the broader financial system, as it could increase the chance of run risks from smaller issuers, researchers at the Federal Reserve Bank of New York wrote in a new paper published Monday.

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What Ripple’s Latest Win Means for Its Ongoing Fight With the SEC

October 3, 2022 by

The crypto firm scored a procedural victory last week in part of its legal defense against the SEC. But it may not help its case.

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Bitcoin Miner Merkle Increases Hashrate by 900% in 8 Months

October 3, 2022 by

The miner currently has 140 megawatts of total computing power in its two facilities.

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UK Shuts Down Temporary Crypto Company Licensing Program

October 3, 2022 by

The time it takes to register a firm depends on the quality of the information provided to the Financial Conduct Authority, the regulator told CoinDesk.

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Transit Swap Exploiter Returns Large Chunk of $28.9M Hack

October 3, 2022 by

Transit Swap, a cross-chain decentralized finance (DeFi) protocol, has received 70% of stolen funds back from a hacker that exploited a smart contract vulnerability.

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Los exchange cripto descentralizados están ganando parte del mercado de sus pares centralizados, según Citi

October 3, 2022 by

Una mayor regulación cripto podría llevar a los usuarios a utilizar plataformas descentralizadas, dijo el banco.

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Crypto Venture-Capital Firm Paradigm Leads $14M Funding Round for DeFi Platform Exponential

October 3, 2022 by

The investment discovery platform includes a risk assessment feature to help combat a growing wave of DeFi exploits

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SushiSwap Community Votes in ‘Head Chef’ to Oversee Decentralized Crypto Exchange

October 3, 2022 by

New CEO Jared Grey said he plans to work out the kinks associated with Sushiswap’s internal structure that may have prompted departures in the past.

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First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course

October 3, 2022 by

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 3, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Grayscale Takes Over Key Role for Bitcoin Trust, Other Products From Genesis

October 3, 2022 by

Grayscale Securities, a new broker-deal division, will handle selling shares of the company’s crypto trust products, taking over a function previously provided by fellow Digital Currency Group subsidiary Genesis Global Trading.

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Citi Says Decentralized Crypto Exchanges Are Winning Market Share From Centralized Peers

October 3, 2022 by

Increased crypto regulation could drive users to decentralized platforms, the bank said.

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US SEC Charges Kim Kardashian for Promoting EthereumMax

October 3, 2022 by

The Securities and Exchange Commission has charged Kim Kardashian with unlawfully touting EthereumMax without disclosing the payment she received.

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Bitcoin Investment Firm NYDIG’s CEO Robert Gutmann Departs

October 3, 2022 by

Bitcoin investment company NYDIG has promoted executives Tejas Shah and Nate Conrad to be its new CEO and president respectively.

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Range-Bound Bitcoin Reminds Crypto Twitter of 2018 Lull That Ended With 50% Crash

October 3, 2022 by

Prominent crypto commentators say they’re worried bitcoin’s price consolidation indicates a deeper slide is coming, just as it did four years ago.

Categories CoinDesk, Crypto Leave a comment
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