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Zuckerberg’s $100B metaverse gamble is ‘super-sized and terrifying,’ shareholder says

October 25, 2022 by

In an open letter, Altimeter Capital’s CEO and founder recommended the tech giant cut its Metaverse investments from $10-15 billion a year to $5 billion.

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New Apple rules double down on 30% NFT ‘tax’ and geo-limits exchanges

October 25, 2022 by

Apple has published rules for NFTs for the first time while clarifying rules around cryptocurrency payments and crypto exchanges.

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First Mover Asia: Is Binance Becoming Too Dominant?

October 25, 2022 by

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Ethereum’s Merge won’t stop its price from sinking

October 24, 2022 by

Ethereum became deflationary after its September Merge. But for now, it’s not going to make much of a difference.

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Criminal use of crypto an ‘emerging threat’ — Australian police

October 24, 2022 by

Law enforcement will need to “continually evolve” in order to keep pace with criminals, Australia’s federal police said.

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On-Chain Analysis: How to Effectively Manage DeFi Risks

October 24, 2022 by

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Apple Refuses to Exempt NFTs From App Store’s 30% Fee

October 24, 2022 by

The tech giant’s de facto ban on peer-to-peer NFT trading is likely here to stay.

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Market Wrap: Bitcoin Holds Its Perch Over $19K and Is Likely to Continue Trading in Its Current Narrow Range

October 24, 2022 by

BTC, ether and most other major cryptos have been trading in a narrow band as investors mull over macroeconomic uncertainties; veteran trader Peter Brandt says that crypto investors are “just tired.” Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It

October 24, 2022 by

Wood made a personal bet on bitcoin and still holds the cryptocurrency, she said on a podcast.

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Global Bitcoin payments market projected to reach $3.7B by 2031: Research

October 24, 2022 by

Private keys and hardware sub-sectors will drive the BTC payment expansion as demand from banks and emerging economies continue to grow.

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Bitcoin alcanzará un máximo de tres años, pero primero tocará un piso de US$13K, según Peter Brandt

October 24, 2022 by

Se espera que bitcoin baje un poco y se mueva entre US$17.000 y US$23.000 el próximo año, Peter Brandt le dijo a CoinDesk TV.

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CFTC Chair Behnam Says ‘Number One Accomplishment’ Is Track Record of Enforcement Actions

October 24, 2022 by

Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam is eager for his agency to shed its reputation as the friendlier regulator for the crypto industry.

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Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege

October 24, 2022 by

The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei.

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NFT Royalties May Be ‘Dwindling,’ Galaxy Digital Researcher Says

October 24, 2022 by

Galaxy Digital Research Associate Salmaan Qadir discusses whether NFT creators are benefitting from the royalty economy.

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Volumes on crypto investment products drop to 2-year low: CoinShares

October 24, 2022 by

Digital asset investment products recorded $5 million worth of cumulative weekly outflows in what CoinShares describes as an “apathetic period.”

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Azuki Raises $2.5M With NFT-Backed Golden Skateboard Sale

October 24, 2022 by

The anime-inspired NFT project auctioned off eight golden skateboards that can be burned for “physical backed tokens,” an experimental new concept that blends physical and digital goods.

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La comunidad MakerDAO aprueba la propuesta de custodia de USDC de Coinbase

October 24, 2022 by

Hasta US$1600 millones en USD Coin serán custodiados con Coinbase Prime, donde se obtendrá una recompensa de 1,5%.

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Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool

October 24, 2022 by

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Start Regulating the Metaverse Now, Researchers Tell French Leaders

October 24, 2022 by

A team of researchers commissioned by the French government said leaders should avoid previous mistakes made with the EU’s crypto rules when regulating the metaverse.

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Peter Brandt: BTC Will Hit All-Time Highs in 3 Years — But First, $13K

October 24, 2022 by

Bitcoin expects to chop little, moving between $17,000 and $23,000 for the next year, Peter Brandt tells CoinDesk TV.

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Bank of America rebaja calificación de Meta a neutral en medio de su incursión en el metaverso

October 24, 2022 by

La inversión en el metaverso seguirá siendo una sobrecarga en la acción, dijo el informe.

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Reddit NFT trading volume hits all-time high as wallet holders near 3 million

October 24, 2022 by

Meanwhile, the minting volume of nonfungible tokens have been declining steadily.

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MakerDAO Members Support Founder’s ‘Endgame’ Plan to Break Up into MetaDAOs, $2.1B of Transfers

October 24, 2022 by

Community members of MakerDAO to move ahead with founder Rune Christensen’s ambitious “Endgame” plan, which included breaking up the protocol into MetaDAOs and moving more than $2 billion to institutional investors.

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Wealthy crypto believer and incoming UK PM Rishi Sunak once commissioned a royal NFT

October 24, 2022 by

The new leader of the world’s sixth-largest economy is the former chancellor of the exchequer and is said to be richer than King Charles; he is also a firm crypto supporter.

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MakerDAO Community Approves Coinbase USDC Custody Proposal

October 24, 2022 by

After the vote, up to $1.6 billion in USD Coin will be custodied with Coinbase Prime, where it will earn a 1.5% reward.

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A Day in the Life of a Crypto Trader

October 24, 2022 by

How do the pros spend their time? Jeff Wilser asks two of the best.

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Tel Aviv Stock Exchange to create crypto platform

October 24, 2022 by

The five-year plan includes tokenizing various classes of digital assets and smart contracts.

Categories CoinTelegraph, Crypto Leave a comment

Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific’s Convertible Debt

October 24, 2022 by

Cryptocurrency exchange Bybit has invested 5.5 billion won ($3.8 million) in South Korean stock exchange-listed IT company and blockchain investor T-Scientific, a shareholder in crypto exchange Bithumb.

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El precio del token de Dogechain se triplicó en siete días

October 24, 2022 by

El proyecto relacionado con la dogecoin está creciendo. Y no es la primera vez. Mientras tanto, miembros de la comunidad están votando por una “gran quema”.

Categories CoinDesk, Crypto Leave a comment

Hyperbitcoinization Is Coming to an Emerging Market Near You: an Interview With Paxful’s Ray Youssef

October 24, 2022 by

Paxful CEO and co-founder explains why the global south will lead the Bitcoin revolution.

Categories CoinDesk, Crypto Leave a comment
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