CoinDesk
Amid Market Rout, Crypto Miners Are Still Building
Crypto miners are still developing innovative data centres, despite a souring market that has some of them struggling to survive.
Federal Reserve Hikes Rates to Highest Since 2007; Bitcoin Falls to $19,000
The Federal Open Market Committee (FOMC) raised the main U.S. interest rate on federal funds by 75 basis points (0.75 percentage point), to a range between 3% and 3.25%, in line with expectations.
Nasdaq Joins BlackRock as TradFi Defies the Bear Market and Embraces Crypto
Bear market hasn’t stopped the TradFi push into crypto as large players continue to pile into the industry, following Buffett’s famous rule “be greedy only when others are fearful.”
Jump-Backed Wormhole, Pyth Launch on Aptos Blockchain
Aptos co-founder Mo Shaikh says Jump Crypto has been “spending a lot of time” in the Aptos ecosystem.
Riot Blockchain Sues Northern Data Over Disclosures Related to Texas Bitcoin Mine Acquisition
This is the second lawsuit related to the Texas mega mine that Riot acquired last year.
A Call to the SEC: Treat Crypto Assets as if Clients Matter
Asset managers either risk violating the letter of the law, or breaching fiduciary duty by denying clients token rights, including voting and revenue.
Hodlonaut’s Tweets a ‘Reckless Campaign’ Against Craig Wright, Lawyers Say, as Satoshi Trial Reaches Conclusion
Accusing the self-proclaimed bitcoin founder of being a mentally ill scammer shouldn’t be allowed in a democracy, Wright’s lawyers said on the final day of the Oslo trial.
Análisis de Ethereum: una semana después de la fusión
Desde validadores hasta emisiones y tarifas, así está hoy Ethereum después del revuelo generado por la fusión.
Play-to-Earn Gaming Platform Vulcan Forged Raises $8M in Series A Funding
The funding round was led by investment firm Skybridge Capital.
Crypto Remains a Priority for UK Under New Leader, Drawing Industry Excitement
The U.K. government is still set on turning the country into a crypto hub despite the recent cabinet shuffle and new prime minister.
US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source
Democrats pushed for a provision directing the U.S. Federal Reserve to move forward on a digital dollar, but the negotiations concluded with a new directive for another Fed study in this year’s ongoing legislative effort to regulate stablecoins, according to a person familiar with the talks.
Societe Generale Introduces Services for Asset Managers Developing Crypto Funds
Societe Generale is offering new services for asset managers that want to offer crypto funds to their clients.
Crypto Analytics Firm Messari Raises $35M in Funding Round Led by Brevan Howard Digital
Cryptocurrency data and analytics firm Messari has closed a $35 million Series B funding round led by Brevan Howard Digital, according to a press release.
First Mover Americas: Bitcoin Steady at $19K as Traders Wait for Fed’s Decision
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 21, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
EU Finalizes Legal Text for Landmark Crypto Regulations Under MiCA
A leaked draft of the text, reviewed by CoinDesk, shows the rules could apply to fractionalized NFTs.
Indonesia Wants Citizens to Steer Local Crypto Exchanges: Report
The rule would require at least two-thirds of directors and commissioners at domestic crypto exchanges to be Indonesians residing in the country.
Digital Dollar Likely Won’t Be Part of Retail Banking World, US Lawmaker Says
A digital dollar, or central bank digital currency issued by the Federal Reserve, shouldn’t necessarily be a retail banking offering, U.S. Congressman Jim Himes tells CoinDesk.
Bitmain Discounts Bitcoin Mining Machines in an Already Depressed Market
Prices for bitcoin mining rigs have fallen by about 70% this year.
Funko Teams Up With Warner Brothers for DC Comics’ NFT Release
The pop culture brand has been taking steps into the NFT space for the past year through “phygital” – physical plus digital – product releases.
Introducing ‘Women Who Web3’ – CoinDesk’s Newest Podcast
The CoinDesk Podcast network’s latest addition attempts to bridge the gender disparities within the Web3 community as well as celebrate and promote women within the space.
Strengthening Ether-Nasdaq Correlation Muddles Post-Merge Bullish Plays: Cumberland
The Merge has skewed demand-supply dynamics in favor of the bulls. But, the strengthening correlation with Nasdaq means big gains may remain elusive in case of broad based risk aversion.
Evaluating Ethereum: 1 Week After the Merge
From validators to issuance to fees, here’s what Ethereum looks like now that the post-Merge dust is settling.
Iran to Start Testing a Digital Rial This Week
The country’s central bank published a draft document outlining goals and and opportunities for a central bank digital currency in August.
Push to Cut Ethereum Network Fees Opens Funds-Draining Bug in Scaling Tool Arbitrum
The vulnerability would have allowed attackers to steal all ether deposits into Arbitrum after its latest upgrade, known as Nitro.
Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate.
Crypto Exchange CoinCorner Eyes Middle East Expansion Via Partnership With Emirates CEO’s Private Office
U.K. crypto exchange CoinCorner is looking to expand across the Middle East through a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum, CEO of the Emirates airline and member of the ruling family of the United Arab Emirates (UAE).
Ether Funding Rates Revert to Normal Days After Successful Merge
A popular trade drove up funding rates to lifetime highs for ether futures.
Stablecoin Issuer Tether Ordered to Produce Documents Showing Backing of USDT
The order relates to an ongoing lawsuit that alleges that unbacked USDT issuances have caused $1.4 trillion in damage to the market.