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Digital Currency Group Promotes Mark Murphy to President, Cuts Nearly 13% Staff: Report

November 2, 2022 by

Crypto venture capital company Digital Currency Group (DCG) promoted chief operating officer (COO) Mark Murphy to president, amid a restructure which also saw the departure of over 10% of its staff.

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Crypto Exchange Deribit Loses $28M in Hot Wallet Hack

November 2, 2022 by

Cryptocurrency options and futures exchange Deribit has been hacked, with $28 million being drained from its hot wallet.

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Crypto Trading Platform Talos Taps Amber Group for Liquidity Amid Increased Buying Demand

November 2, 2022 by

Amber Group will join Talos’s extensive partner network of over 40 liquidity venues, such as exchanges Binance, Coinbase and FTX.

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Singapore Carries Out First Trades in DeFi Pilot for Wholesale Funding Market

November 2, 2022 by

The banks involved in the pilot were DBS, JPMorgan, and SBI Digital Asset.

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Rogue Actor Disrupts Lightning Network With a Single Transaction

November 2, 2022 by

The individual exploited a Bitcoin consensus bug that had a downstream effect on certain Lightning nodes.

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Singapore’s DBS Explains How Big Banks Can Implement DeFi, Too

November 2, 2022 by

Singapore has quietly been playing host to some of the most advanced explorations into cryptocurrency and decentralized finance (DeFi) ever done by big banks, institutions and regulators.

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Singapore Grants Stablecoin Issuer Circle In-Principle License to Offer Payment Products

November 2, 2022 by

Circle received an in-principle license as a major payments institution in Singapore, allowing it to offer cross-border and domestic payment services.

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First Mover Asia: Ripple’s APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again

November 2, 2022 by

But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.

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Hong Kong Wants to Be a Crypto Hub Again

November 2, 2022 by

Hong Kong says it welcomes virtual asset companies, but a lot of details still need to be ironed out.

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Stablecoin Issuer Paxos Receives Operating License From Singapore Regulator

November 2, 2022 by

Paxos, issuer of the USDP stablecoin, can offer crypto products and services in Singapore after securing the license under the nation’s Payment Services Act.

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Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan

November 1, 2022 by

This is the second time in a month that a lender defaulted on an unsecured loan on decentralized lending protocol TrueFi.

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Gibraltar Will Focus on Stablecoins and DeFi Lending After Market Turmoil

November 1, 2022 by

The country wants to develop its regulatory framework for crypto, Albert Isola MP, Minister for Digital and Financial Services said in an interview with CoinDesk.

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White House Convenes Summit for Stopping the Spread of Ransomware

November 1, 2022 by

Among other moves, the President’s office plans to share information with partners about crypto wallets used for laundering extorted funds.

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Crypto Exchange Binance to Use Twitter as Web 3 ‘Sandbox,’ Help Musk Fend Off Bots: Exec

November 1, 2022 by

Patrick Hillman, chief strategy officer at Binance, discusses the crypto exchange’s goals to help new boss Elon Musk fend off internet bots on Twitter and why the crypto exchange sees the potential for Web3 innovation following its $500 investment in the social media company.

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NFTs Get a New Place to Live, With Ripple Aiming for Mass Adoption

November 1, 2022 by

Ripple community members voted in XLS-20 Monday, the standard for NFTs, that will facilitate scalability, efficiency, and protected royalties for creators.

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Bitcoin Miner Stronghold Digital Completes Debt Restructuring

November 1, 2022 by

The company over the past 10 weeks has returned 26,200 miners to NYDIG in exchange for the extinguishment of $67.4 million of debt.

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Market Wrap: Uniswap, Federal Reserve in Focus as Dogecoin Rests

November 1, 2022 by

Uniswap’s UNI token has been getting a fresh look from investors following a big fundraise earlier this month. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Bankruptcy Judge Denies Celsius’ Motion to Pay Employees $3M in Retention Bonuses – At Least Temporarily

November 1, 2022 by

A federal judge struck down Celsius’ plans to pay out nearly $3 million in retention bonuses to a select group of employees on Tuesday, citing the lack of transparency in the bankrupt crypto lender’s public filings.

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MicroStrategy Reported Impairment Charge of $727K on Bitcoin Holdings in Q3

November 1, 2022 by

The business software firm owns about 130,000 bitcoins worth approximately $2.5 billion.

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Lender Generate Capital to Buy Bankrupt Bitcoin Miner Compute North’s Stake in 2 Bitcoin Mining Facilities

November 1, 2022 by

The lender is paying $5 million in cash and assuming liabilities associated with the two sites, which total 400 MW of operating capacity.

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Early MakerDAO Developer and Stablecoin Pioneer Found Dead in Puerto Rico

November 1, 2022 by

Nikolai Mushegian was dragged by water currents Friday morning on a beach in Condado, El Nuevo Dia reported, citing local police.

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Uniswap Surpasses Bitcoin as Fed Rate Hike Decision Nears

November 1, 2022 by

The decentralized exchange’s native token has risen 5% in the past 24 hours and 10% over the past week.

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Un cuarto de los estadounidenses dice que la inflación y los problemas económicos despiertan el interés por las criptomonedas

November 1, 2022 by

La tendencia es más fuerte entre inversores jóvenes y diversos, según encuesta.

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The Web3 Twitter Fixes Elon Musk Could Actually Try

November 1, 2022 by

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Larry Summers Warns Dollar Reversal Could Bring Inflationary Pressure, Posing Challenge for Fed, Bitcoin

November 1, 2022 by

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The Metaverse Isn’t Real

November 1, 2022 by

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Crypto VC Firm CoinFund Looks to Raise $250M Seed Fund

November 1, 2022 by

SEC filings show the firm is raising money for a new fund less than three months after launching a $300 million fund.

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How Artists Can Raise Money for Social Causes With NFTs

November 1, 2022 by

From coming up with the idea for your project to fostering community, here’s what you need to know.

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DeFi Protocol Voltz Opens Door for Passive Traders With Liquidity Optimizer Vault

November 1, 2022 by

The new product will give traders the opportunity to earn passive LP returns without the risk of impermanent loss, Voltz’s CEO said.

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Bondholders of Troubled Bitcoin Miner Core Scientific Said to Be Working With Lawyers: Report

November 1, 2022 by

Some of the miner’s convertible bondholders are working with restructuring lawyers at Paul Hastings.

Categories CoinDesk, Crypto Leave a comment
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