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Bitcoin Miner Sphere3D Downsizes Deal for Machines With BitFuFu

October 20, 2022 by

Sphere 3D is the latest bitcoin mining firm to try to cut capital expenditures amid the crypto bear market.

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Crypto Gaming Token AXS Under Pressure as $215M Unlock Looms for Axie

October 20, 2022 by

Some 10 million of Axie’s AXS tokens owned by insiders and early investors will be unlocked soon, creating selling pressure. AXS price has dropped following prior unlocking dates.

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Stablecoin Issuer Tether to Make USDT Available at 24,000 ATMs in Brazil

October 20, 2022 by

The conversion of tether to Brazilian reals and vice versa will be managed by local crypto services provider SmartPay in conjunction with TecBan, which owns the ATMs.

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Crypto Adoption Slowed in Last Year but Remains Above Pre-2021 Levels: Chainalysis Study

October 20, 2022 by

Chainalysis’ 2022 Geography of Cryptocurrency report also found that 18 of the 20 countries where crypto adoption was highest were low- to middle-income countries.

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Crypto Exchange Binance.US Hires Ex-FBI Agent as First Head of Investigations: Report

October 20, 2022 by

BJ Kang made a name for himself at the FBI leading probes of a number of high-profile Wall Street insider trading cases.

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Nike’s Venture into Web3 Isn’t About Tech – It’s About Culture

October 20, 2022 by

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Stealthy Crypto Hedge Fund Edge Capital Raises $66.8M for DeFi Bets

October 20, 2022 by

Founded in 2020, Edge is a market-neutral, macro-style DeFi hedge fund

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Bernstein: la adopción institucional continúa a pesar del invierno cripto

October 20, 2022 by

Algunos grandes administradores de activos continúan construyendo su estrategia de activos digitales, según el informe.

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Turkish Authorities Seize Crypto Worth $40M in Illegal Gambling Sting

October 20, 2022 by

A crackdown on illegal gambling in Turkey has led to the seizure of $40 million in crypto, according to the Ankara Chief Public Prosecutor’s Office.

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Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief

October 20, 2022 by

Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that the digital tokens fit in without disrupting it, said Martin Gruenberg, the acting chairman of the Federal Deposit Insurance Corp.

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Hodlonaut Wins Norwegian Lawsuit Against Self-Styled ‘Satoshi’ Craig Wright

October 20, 2022 by

Magnus Granath, known on Twitter as “Hodlonaut,” won a defamation case against Craig Wright on Thursday, a Norwegian judge ruled.

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Multicoin-Backed Sports Startup Pitches NFTs as Ticket to Fan Experiences

October 20, 2022 by

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Ecosystem Growth, Not Prices, Tells the Real Crypto Story

October 20, 2022 by

An increasing number of positive narratives around crypto and blockchain technology have emerged in the recent years, but current prices do not reflect the growth. Regulation and risk-appetite could be what’s needed to turn things around.

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Liz Truss Steps Down as UK Prime Minister

October 20, 2022 by

Her departure lives crypto bills hanging

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First Mover Americas: Bitcoin Stays Above $19K as US Stocks Futures Slip Ahead of Earnings Reports

October 20, 2022 by

The latest price moves in bitcoin (BTC) and crypto markets in context for Oct. 20, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Binance Wins Registration as Crypto Asset Service Provider in Cyprus

October 20, 2022 by

Cryptocurrency exchange Binance has registered as a Crypto Asset Services Provider (CASP) in Cyprus, according to a blog post.

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A Year After Debut, ProShares Bitcoin ETF Has Underperformed Market By 1.8%

October 20, 2022 by

The underperformance has been far lower than estimated, thanks to the bear market.

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Brokerage Firm Bernstein Says Institutional Adoption of Crypto Ongoing Despite the Crypto Winter

October 20, 2022 by

Asset managers that were actively investing in cryptocurrency markets in the bull market of 2020/21 continue to invest in the sector and remained committed to digital assets.

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Plaid Unveils ‘Wallet Onboard’ Tool, Promises Crypto Product Push

October 20, 2022 by

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Two US Men Sentenced For Stealing Crypto Using ‘SIM Swapping’

October 20, 2022 by

Two men from Massachusetts, USA, have been sentenced in prison for stealing approximately $330,000 in cryptocurrency from 10 individuals.

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Finance Can Never be Fully Decentralized, Says UK Central Banker

October 20, 2022 by

The Bank of England’s Carolyn Wilkins cited issues of transparency, concentration and unpredictable events

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Binance Denies Allegations That it Intends to Use Users Uniswap Tokens for Voting

October 20, 2022 by

The exchange denied using users’ token holding to vote on Uniswap governance.

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Customers of Bankrupt Crypto Lender Voyager Could Recover 72% of Their Funds if FTX Sale is Approved

October 20, 2022 by

A judge still needs to approve a bankruptcy payout plan and the company could still scrap the deal in favor of a higher bid.

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Indian Cricket Legend Sachin Tendulkar Enters World of NFTs With Rario Investment

October 20, 2022 by

Indian cricket legend Sachin Tendulkar’s NFTs will be exclusively available on Rario.com, a cricket NFT platform. Tendulkar will also become a strategic investor in Rario.

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Online Bank N26 to Offer Crypto Through Bitpanda’s Trading Product

October 20, 2022 by

Austrian N26 customers will be the first to have access to around 100 cryptocurrencies via the bank’s app, with more to follow in the coming months.

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Mango Markets Will Soon Start Returning Stolen Funds From $114 Exploit

October 20, 2022 by

The exploiter had come forward and returned most of the stolen funds a few days ago.

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Developers Excluded From Broker Label in New DCCPA Bill Draft

October 20, 2022 by

Stakeholders say that this latest draft of the bill softens language that would otherwise be detrimental to the Decentralized Finance (DeFi) industry.

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First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K

October 20, 2022 by

One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.

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Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round

October 19, 2022 by

Valkyrie is seeking other ways to raise the money, which it initially said it didn’t really need.

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Marvel, Funko Debuted New Web3 Integrations at Comic Con NY 2022

October 19, 2022 by

Nearly 200,000 costumed fans crowded into New York’s Javits Center from Oct. 6-9 for the ultimate pop culture pilgrimage – NYC Comic Con 2022.

Categories CoinDesk, Crypto Leave a comment
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