CoinDesk

The studio, founded by Web2 veterans, plans to add Web3 elements to its forthcoming survival/crafting MMO game.

The six bands, called Mocopi, allow users to move as an avatar in real time.

The Venus Initiative is the latest attempt to use digital representations of money for financial-market settlement

FTSE Russell, the company behind the benchmark index of the U.K. stock market, has rolled out a set of eight indices covering the digital asset market.

A botched exploit attempt on rival lending protocol Aave brought scrutiny to DeFi protocols’ borrow risks earlier in this month.

Phantom is moving forward with its long-delayed multichain expansion plan.

The latest price moves in bitcoin (BTC) and crypto markets in context for Nov. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

India’s central bank will start testing its retail central bank digital currency (CBDC) in the cities of Mumbai, New Delhi, Bengaluru and Bhubaneswar with the initial participation of four banks.

The National Bank of Ukraine says it is looking at retail payments, virtual asset circulation and cross-border transactions as possible use cases for a central bank digital currency.

Dunamu’s net profit dropped to 160 billion won ($120 million), hit by lower trading and crypto market declines, CoinDesk Korea reported Tuesday.

SBF, through his Emergent Fidelity Technologies, had pledged his stake in the online trading company as collateral for a loan.

Sam Reynolds writes that irreverent posts about lesser-known altcoins – and more significant tokens – can be destructive. Especially if people don’t get the irony. ALSO: Bitcoin drops as BlockFi files for bankruptcy protection.

The bank’s shares closed down 11% to $25.90 on Monday, after BlockFi bankruptcy filing.

Community members voted Monday to freeze 17 assets in the Ethereum liquidity pool in order to lower risk within the protocol ahead of upgrading the network to its v3 version.

Crypto prices dived amid continued market contagion triggered by the FTX collapse earlier this month. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

The proposal follows the country’s recent efforts to integrate cryptocurrencies into its economy.

Plans to integrate Binance functionality into Ukraine’s electronic documents app Diia has upset local crypto exchanges and entrepreneurs.

Increasing the DAI savings rate would make Maker’s stablecoin more competitive among rivals and help mitigate capital outflow from crypto to traditional financial markets, MakerDAO contributors said.

Appearing on CoinDesk TV, Summer K. Mersinger discussed why the need to regulate crypto will require working closely with other agencies.

WBTC’s discount dropped as low as -1.5% as questions swirled over whether WBTC is fully backed. Custodian BitGo later clarified that it is.

Kraken has agreed to pay $362,1159 to settle its potential liability for violating U.S. sanctions against Iran.

Total asset under management (AUM) in digital-asset funds dropped to a new two-year low of $22.2 billion, according to CoinShares.

And why one Harvard economist thinks bitcoin could end up on central bank balance sheets.

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Banks must hold $125 in capital against every $100 worth of bitcoin, a senior minister said.

The largest decentralized lending protocol MakerDAO previously approved a plan to invest $1.6 billion with Coinbase Prime for an annual yield of 1.5%, but this latest plan didn’t fly.

BlockFi filed for bankruptcy days after suspending withdrawals last week. FTX had extended a $400 million line of credit to the lender earlier this year.

The grants will be awarded to Web3 game projects over five years

Financial privacy is useful for dissidents in extreme situations. But nobody should have to justify keeping their personal lives private, says our columnist.

Rostin Behnam had previously said the plans to streamline financial market structure were a potentially unique disruptive innovation.