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Ether Exits Triangular Price Consolidation With 4% Drop

October 13, 2022 by

A softer-than-expected U.S. inflation data is needed to save the day for ether bulls.

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New York Cares Non-Profit Highlights Using Web3 for Good With NFT Fundraise

October 13, 2022 by

The Stand with Students initiative, dedicated to supporting underprivileged students, will feature over 16,000 digital pieces created by Open AI’s DALL-E.

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Crypto Mining Firm BitNile to Start Bitcoin-Based Marketplace Next Year

October 13, 2022 by

Bitcoin mining firm BitNile (NILE) plans to set up a bitcoin-based marketplace in the first half of next year to reduce the complexity of transacting in bitcoin.

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UK Passes Bill That Could See Trade Documents Stored Using Blockchain

October 13, 2022 by

The UK government has passed a bill that could see it adopt blockchain technology as a solution to store documents.

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China’s CBDC Transactions Reach $14B as Uptake Slows: Report

October 13, 2022 by

Transaction volume in e-CNY has only increased by 14% in 2022 from the end of last year compared to the 154% growth recorded in the last six months of 2021.

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Ether Becomes Deflationary for First Time Since the Merge: Coinbase

October 13, 2022 by

Ether (ETH) reached a “post-Merge milestone” this week as it became deflationary for the first time since the Ethereum blockchain switched to proof-of-stake (PoS), Coinbase (COIN) said in a report Thursday.

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FASB Mulls Fair-Value Accounting for Crypto Holdings: Report

October 13, 2022 by

The Financial Accounting Standards Board (FASB) has said that firms should use fair-value accounting methods for cryptocurrencies likes bitcoin and ethereum.

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Digital Asset Bank Custodia Files Lawsuit in U.S. Court Over BNY Mellon’s Crypto Approval

October 13, 2022 by

Custodia alleges the Federal Reserve Board of Governors showed favoritism over approval delays, while giving BNY Mellon a green light to engage in crypto custody.

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Huobi Token Surges 75% as Tron Founder Justin Sun Calls for Empowering the Exchange Token

October 13, 2022 by

According to Tron’s Founder Justin Sun, empowering HT holds the key to revitalising Huobi.

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October Becomes Worst Month for Crypto Hacks With Two Weeks to Go

October 13, 2022 by

Over $718 million has been stolen from DeFi protocols across eleven different hacks this month so far, per research firm Chainalysis.

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Singapore-Based Crypto Investment Startup Pillow Raises $18m Series A

October 13, 2022 by

The funding round was co-led by Accel and Quona Capital with participation from Jump Capital and Elevation Capital.

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UK Lawmaker Matt Hancock Doesn’t Regret Pro-Crypto Swerve

October 13, 2022 by

The former cabinet minister is pushing for the government to be more pro-innovation.

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Crypto Banking Platform BVNK Wins Registration in Spain

October 13, 2022 by

Crypto banking and payments platform BVNK has won registration has a virtual asset services provider (VASP) in Spain.

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Crypto Sleuth ZachXBT’s Efforts Lead to Prosecution of Alleged Bored Ape NFT Scammers

October 13, 2022 by

The phishing scam, where people were defrauded out of NFTs worth millions of dollars, was brought to light in August.

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First Mover Asia: How Many Metaverse Users Are There? The Figures Are Debatable and Discouraging

October 13, 2022 by

Decentraland and Meta’s Horizon Worlds, among others, say they’re popular, but a deep dive into user data indicates that they’ve yet to catch on; Bitcoin trades up slightly as inflation report nears.

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US Judge Allows Crypto Advocates to Join Ooki Defense Against CFTC

October 13, 2022 by

A federal judge ruled late Wednesday that LeXpunK Army and the DeFi Education Fund could file friends of the court motions. The crypto advocates want to convince him that the CFTC should identify individual Ooki DAO members, rather than serve them all at once through a website portal.

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IMF’s Georgieva Warns Central Banks to Hoard Reserves, Follow Fed Hikes

October 12, 2022 by

The official’s comments might be relevant to bitcoin traders, since the largest cryptocurrency’s has proven to be correlated with the dollar’s strength in foreign-exchange markets.

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StoryDAO and the Quest to Recreate Hollywood

October 12, 2022 by

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Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading

October 12, 2022 by

Thursday’s Consumer Price Index is widely expected to show inflation still above 8%. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Canadian Self-Regulatory Agency Approves First Crypto-Native Investment Dealer

October 12, 2022 by

Coinsquare has also been granted license to operate as a regulated alternative trading system (ATS), allowing it to match large, illiquid crypto trades between institutional investors.

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Bitcoin se aferra a los US$19K y los traders hacen sus apuestas antes de la publicación de inflación

October 12, 2022 by

BTC se estabilizó en torno a los US$19.100, mientras que las acciones aumentaron antes de la publicación de los datos de inflación del Índice de Consumo de Precios.

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Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins

October 12, 2022 by

After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year at DC Fintech Week.

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Crypto Custodian Copper Raises $196M in Series C Funding Round

October 12, 2022 by

The U.K.-based company also reported a loss of $16 million last year, up from $4.1 million in 2020.

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Crypto Hacks Fuel Memes of North Korea: Blockchain’s Biggest Baddie

October 12, 2022 by

Seemingly every week in crypto yields another multimillion-dollar hack or exploit – and with it, reams of memes about North Korea, the supposed culprit.

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Regulators Should Use ‘Range of Options’ in Fintech, Fed’s Barr Says

October 12, 2022 by

Sometimes just identifying risks is enough to change risky behavior, Fed Vice Chair for Supervision Michael Barr said at DC Fintech Week.

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Google’s Partnership With Coinbase Is ‘Validation’ for the Crypto Industry: Oppenheimer

October 12, 2022 by

Owen Lau, senior analyst at investment bank Oppenheimer, joined “All About Bitcoin” to discuss what Google’s partnership with crypto exchange Coinbase could mean for other crypto-native companies.

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This Native American Tribe Leader Is Bringing Salmon Restoration to the Metaverse

October 12, 2022 by

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Cómo la manipulación de mercado llevó a un exploit de US$100 millones en el exchange DeFi de Solana Mango

October 12, 2022 by

El trader aprovechó la falta de liquidez al manipular el precio de MNGO en el exchange descentralizado Mango.

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US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range

October 12, 2022 by

The world’s largest crypto has been trading in a range between $18,000-$22,400 since the start of September.

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Bitcoin Clings to $19K as Traders Place Bets Ahead of Key Inflation Data

October 12, 2022 by

BTC stabilized around $19,100 as stocks gained ahead of the release of the Consumer Price Index (CPI) inflation data.

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