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First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos Surprising Rebound

October 14, 2022 by

Michael Wu says that bitcoin offers “a better form” of storing value than any previous type of asset and that ether provides great value as a “tech infrastructure investment.”

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Crypto Trading Firm NYDIG Lays Off About 33% of Staff

October 14, 2022 by

Crypto brokerage services provider NYDIG laid off over 100 people in the past few weeks, or about a third of its staff.

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NFTs will be ‘as disruptive’ as Bitcoin was 10 years ago — Kraken exec

October 14, 2022 by

Jonathon Miller, managing director of cryptocurrency exchange Kraken in Australia says despite NFT volumes plunging, the company remains “bullish on the NFT space.”

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Popular Bitcoin Astrologer’s Star Falls on Twitter Following $30K in Celsius Payments

October 13, 2022 by

Twitter critics accused Maren Altman, who has more than 1.8 million social media followers, of not being forthcoming about her deal with the now bankrupt crypto lender, but the influencer says her marketing sponsorship role was no different than doing fashion ads for the company.

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Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely

October 13, 2022 by

The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Crypto users renew calls for Satoshi Nakamoto to win Nobel memorial prize for economics

October 13, 2022 by

Major figures in the crypto space argued the Bitcoin creator was the most deserving candidate for the economic award, despite the fact Satoshi’s true identity remains unknown.

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Stablecorp Wants to Reduce Cross-Border Payment Friction

October 13, 2022 by

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CoinShares Releases Experimental AI Bot That Tries to Calculate the Fair Price for an NFT

October 13, 2022 by

The asset management platform said the tool aggregates different data sets to determine how much an NFT might be worth.

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Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’

October 13, 2022 by

The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.

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Jamie Dimon Again Slams Crypto, Calls Blockchain ‘Real’

October 13, 2022 by

The JPMorgan Chase CEO spoke during an IIF event Thursday in Washington D.C.

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Time to switch from LinkedIn to MetaMask? Not yet, but soon

October 13, 2022 by

Thanks to NFTs, crypto wallets will soon enable users to prove their credentials without using third-party background checks.

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Cosmos co-founder says a major security vulnerability has been uncovered on IBC

October 13, 2022 by

A public patch fixing the exploit is scheduled to be released tomorrow.

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I.D.E.A.S.: Investing in the Future of Digitization and Computing

October 13, 2022 by

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This is what your email could look like in Web3

October 13, 2022 by

The first generation of blockchain-based messaging platforms are attempting to address the missing pieces of Web3 adoption.

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OCC Comptroller: Crypto Companies ‘Don’t Know What They Want to Be When They Grow Up’

October 13, 2022 by

Michael Hsu, acting comptroller of the currency (OCC), joined “First Mover” to discuss why crypto companies need to decide their area of focus in order for clear regulation guidelines to be established.

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Tether, el emisor de la stablecoin USDT, reduce a cero sus tenencias de papel comercial

October 13, 2022 by

La empresa ha ido sustituyendo gradualmente su tenencia de papel comercial por bonos del Tesoro de Estados Unidos.

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US lawmaker says crypto regulation from SEC is ‘needed now’

October 13, 2022 by

Senator Hickenlooper requested the SEC engage with the public by opening a “notice-and-comment period” to develop rules and regulations applicable to crypto.

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A pesar del mercado bajista, los desarrolladores Web3 siguen creando, según un estudio

October 13, 2022 by

Un informe de Alchemy, la plataforma de desarrolladores Web3, muestra que la cantidad de contratos inteligentes implementados en Ethereum aumentó 40% desde el final del primer trimestre, a pesar de que el precio de ether cayó 60% este año.

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Tether reduces commercial paper exposure to zero, replaces investments with T-Bills

October 13, 2022 by

The USDT issuer has faced criticisms for its exposure to commercial paper and, specifically, its alleged holdings of Chinese commercial paper.

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Bitcoin Rebounds Over $19K After Plunge Triggered by Hot Inflation Report

October 13, 2022 by

BTC was up 0.2% after the price tumbled to $18,198 – the lowest since Sept. 21.

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Voyager Digital’s Creditors Push Back Against Plans to Provide Execs With Legal Immunity

October 13, 2022 by

Bankrupt crypto lender Voyager’s plans to sell its assets to FTX US for $1.4 billion have so far gone relatively smoothly, but one major catch emerged on Wednesday – Voyager’s executives have included sweeping legal immunity for themselves in the proposed sale agreement.

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Enterprise Crypto Wallet Startup Pine Street Labs Raises $6M in Polychain-Led Round

October 13, 2022 by

The startup is trying to save businesses from crypto wallet purgatory.

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Bitcoin traders were ready for a hot CPI report, but BTC bears are still in control

October 13, 2022 by

BTC nose-dived to its lowest level since Sept. 21, and data shows pro traders continue to avoid leverage longs.

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JPMorgan Closed Kanye’s Account. Yes, There’s a Crypto Angle

October 13, 2022 by

“Financial censorship” proves crypto’s point, and pushes us towards a world where people are more individualistic and self-reliant.

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EU commissioner McGuiness says privacy, AML may look different from US under MiCA

October 13, 2022 by

The commissioner said Europe is watching U.S. securities regulation developments very closely, but Europe is not following the American lead in its attitude toward energy use.

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Stablecoin Issuer Tether Cuts Commercial Paper Holdings to Zero

October 13, 2022 by

The company has been gradually replacing its commercial paper holdings with U.S. Treasury bills.

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UK gov’t introduces bill to digitize trade documents — potentially traced using blockchain

October 13, 2022 by

The Lord Privy Seal of the U.K.’s House of Lords introduced the bill, which ironically was “ordered to be printed” following a first reading on Oct. 12.

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Crypto Asset Manager BlockTower Launches $150M Venture Capital Fund: Report

October 13, 2022 by

The crypto-focused asset management firm will back DeFi and infrastructure projects

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OccSaviors and the Fight for Honest Occupational Health Hazard Standards

October 13, 2022 by

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Despite Crypto Bear Market, Web3 Developers Are Still Building, Study Shows

October 13, 2022 by

A report from Web3 developer platform Alchemy shows that the number of smart contracts deployed on Ethereum has increased by 40% since the end of the first quarter, despite ether’s 60% plunge this year.

Categories CoinDesk, Crypto Leave a comment
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