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DAOs Aren’t People, Crypto Lawyers Tell Court in CFTC’s Ooki Case

October 18, 2022 by

The Commodity Futures Trading Commission shouldn’t be able to serve an entire decentralized autonomous organization (DAO) at once, but rather, should serve the people in it, a group of lawyers said in an amicus filing Monday.

Categories CoinDesk, Crypto Leave a comment

Mango Markets exploiter said actions were ‘legal,’ but was it?

October 18, 2022 by

A crypto lawyer believes the Mango Markets exploiter Avraham Eisenberg could still face consequences despite users supposedly agreeing not to pursue legal action.

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Facebook is on a quest to destroy the Metaverse and Web3

October 17, 2022 by

Mark Zuckerberg’s tech empire has a long history of using centralized systems to hurt users. Now it’s trying to join Web3.

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First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward

October 17, 2022 by

The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting the territory; the largest cryptocurrency by market cap is trading above $19.5K.

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Ozzy Osbourne, Dillon Francis and Soulja Boy to Perform at Decentraland’s Metaverse Music Festival

October 17, 2022 by

A producer of the four-day event told CoinDesk that the goal of the event is to bridge Web2 and Web3 worlds to mutually benefit fans and artists.

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Celsius judge says court may look to UK consultation paper in absence of US guidance

October 17, 2022 by

Judge Martin Glenn says U.K. legal principles may be “persuasive” in the absence of U.S. legal precedents in the complex case of the crypto lending platform’s bankruptcy.

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Texas investigates FTX for securities violations after objecting to Voyager auction

October 17, 2022 by

The Texas State Securities Board enforcement director downloaded an FTX Trading app – not an FTX US app – in Texas using his own information and was able to earn interest on it.

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Market Wrap: Bitcoin and Ether Start the Week Higher

October 17, 2022 by

BTC crosses $19,600 at one point but appears likely to continue trading in its recent narrow range. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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The crypto industry fights regulators in the courts: Law Decoded, Oct. 10–17

October 17, 2022 by

Grayscale and Ripple against the SEC, Coin Center versus the Treasury — it’s a hot season in the U.S. courts.

Categories CoinTelegraph, Crypto Leave a comment

Price analysis 10/17: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

October 17, 2022 by

These altcoins are carving out gains as Bitcoin price continues to trade within a tightening range.

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SEC, CFTC Probing Bankrupt Crypto Hedge Fund Three Arrows Capital: Report

October 17, 2022 by

The federal agencies are looking into whether Three Arrows misled investors about its balance sheet and whether the hedge fund should have registered with them.

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La próxima gran actualización de Ethereum, Shanghai, ya tiene una testnet

October 17, 2022 by

La testnet Shandong les permitirá a los desarrolladores experimentar con las próximas fases del desarrollo de Ethereum, incluida la implementación adecuada para el retiro de ether bloqueado.

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Terra developers propose revised 95M LUNA ecosystem funding program

October 17, 2022 by

It is an update to the original 100M ecosystem funding proposal, which Terra developers say did not fit the community’s needs.

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Crypto Venture Capital Fund Paradigm Also Wants CFTC to Serve Ooki DAO’s Members

October 17, 2022 by

Crypto venture capital fund Paradigm Operations has asked a federal court for permission to join two other groups in arguing that the Commodity Futures Trading Commission (CFTC) should serve the members of a decentralized autonomous organization (DAO) directly, rather than through a generic website help portal.

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Aptos Blockchain Goes Live on Mainnet

October 17, 2022 by

The venture capital darling went live on Maine Monday.

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Bitcoin Climbs Over $19.5K Amid Wider Rally in Riskier Assets

October 17, 2022 by

BTC was up close to 2% over the past 24 hours, while Ether rose 2.9%.

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2 key Ethereum price indicators point to traders opening long positions

October 17, 2022 by

Ether price is still at risk of falling below $1,000, but data points to traders opening fresh long positions.

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Binance to Launch Cloud Mining Business in November

October 17, 2022 by

The crypto exchange’s hashrate pool is pushing into the troubled bitcoin mining industry.

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Société Générale progresses in crypto space with digital asset services registration

October 17, 2022 by

The large French bank was registered by the country’s stock market regulator to provide custody, buy/sell and trading services on Sept. 27 but made no announcement of it.

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The Next Major Ethereum Upgrade, Shanghai, Now Has a Testnet

October 17, 2022 by

The Shandong testnet will allow developers to experiment with the next phases of Ethereum development, including properly implementing staked ether withdrawals.

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Lazarus, un grupo de hackers norcoreano, apunta contra las empresas de criptomoneda japonesas

October 17, 2022 by

El grupo Lazarus ha estado atacando a empresas japonesas con links de phishing a través de emails y redes sociales.

Categories CoinDesk, Crypto Leave a comment

New allegations arise regarding Binance’s regulatory framework

October 17, 2022 by

The report alleges that Binance tried to insulate itself from regulatory scrutiny — a suggestion which the exchange denies.

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Bridge Security Is ‘Unresolved Technical Challenge,’ Chainalysis Research Director Says

October 17, 2022 by

Chainalysis director of research Kimberly Grauer joined “First Mover” to discuss what the rising string of crypto hacks could mean for investors and why addressing cybersecurity could be the best preventive measure.

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5 altcoins that could be ripe for a short-term rally if Bitcoin price holds $19K

October 17, 2022 by

Bitcoin price continues to trade within a tight range, setting up possible short-term breakout for MATIC, HT, QNT and OKB.

Categories CoinTelegraph, Crypto Leave a comment

Why Are So Many Crypto Execs Leaving?

October 17, 2022 by

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Inside a Social DAO: How an Online Community Becomes a Digital City

October 17, 2022 by

Post Content

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Cameron Winklevoss steps down from Gemini’s European board

October 17, 2022 by

Despite the shift, Cameron and Tyler Winklevoss continue to run the cryptocurrency exchange’s global operations.

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BNY Mellon Says Client Demand for Crypto Led to Custody Offering

October 17, 2022 by

Client demand for crypto was the key factor in launching a crypto custody offering, BNY Mellon’s CEO Robin Vince said on the company’s third quarter earnings conference call Monday.

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Coinbase Threatens to Sue Crypto Traders Who Profited From Pricing Glitch

October 17, 2022 by

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Beers for Bitcoin: Here’s the story of Satoshi’s Place pub in the UK

October 17, 2022 by

Cointelegraph’s Joseph Hall visited a Bitcoin-themed bar in Greater Manchester and spoke with its founder, Adam.

Categories CoinTelegraph, Crypto Leave a comment
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