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Market Wrap: Crypto Markets Take Quieter Ride Following Thursday’s Roller Coaster

October 14, 2022 by

Prices are relatively flat across the board following a tumultuous week of discouraging economic indicators. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Crypto Market Maker Wintermute Pays Off $96M TrueFi Debt Weeks After Being Hacked

October 14, 2022 by

The TrueFi loan was one of the firm’s largest outstanding known debts owed to a DeFi lending platform.

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Blockchain Bridges Keep Getting Attacked. Here’s How to Prevent It

October 14, 2022 by

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Barely halfway and October already the biggest month in crypto hacks: Finance Redefined

October 14, 2022 by

Blockchain analytics firm Chainalysis has labeled October 2022 as “the biggest month in the biggest year ever for hacking activity.”

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¿Por qué las criptomonedas se dispararon tras las malas noticias sobre la inflación?

October 14, 2022 by

La absurda reacción de los precios del jueves en los mercados de activos muestra lo extrañas que pueden ponerse las cosas cuando la Reserva Federal está al mando.

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NFT Steez and Cryptoys CEO discuss the future of toys within Web3 environments

October 14, 2022 by

NFT Steez chats with Cryptoys CEO Will Weinraub about the future of toys, entertainment and play in blockchain-based games.

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Against CBDCs and the Politicization of Money

October 14, 2022 by

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Refound Journalism: Selling NFTs to Help Photojournalists

October 14, 2022 by

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Censored Ethereum Blocks Hit the 51% Threshold Over the Past 24 Hours

October 14, 2022 by

Censorship has been a growing concern within the Ethereum ecosystem, especially since the advent of MEV-Boost after the Merge.

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The SEC should be aiming at Do Kwon — But it’s getting distracted by Kim Kardashian

October 14, 2022 by

Do Kwon should be front-and-center for scrutiny from regulators. Instead, they’re getting distracted by grandstanding over Kim Kardashian.

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Investing App Stash Raises $52.6M Weeks After Expanding Access to Cryptocurrencies

October 14, 2022 by

The convertible debt offering was revealed in a regulatory filing and confirmed by the company.

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What the Regulators Said at DC Fintech Week

October 14, 2022 by

A number of high-profile regulators weighed in on crypto and related issues.

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$50B asset custody platform GK8 enters Brazil with license agreement

October 14, 2022 by

Brazil is becoming a hotbed for crypto adoption, with the country’s tax authority recently claiming that over 12,000 companies hold digital assets.

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Parallel Markets Looks to Bridge Identity Verification Across Platforms

October 14, 2022 by

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Flashbots Reveals New Version of Its Key Ethereum Software

October 14, 2022 by

Development of SUAVE, as the project is codenamed, has been going on for a year.

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Bitcoin Is Macro, but Not ‘Correlated’ in the Way You Think

October 14, 2022 by

We tend to use the two terms (macro and correlation) without understanding what they mean.

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Price analysis 10/14: SPX, DXY, BTC, ETH, BNB, XRP, ADA, SOL, DOGE, MATIC

October 14, 2022 by

Buyers could not build upon the strong recovery of Oct. 13, indicating that higher levels continue to attract selling in the U.S. equities markets and Bitcoin.

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La empresa de trading de criptomonedas NYDIG despide alrededor del 33% de su personal

October 14, 2022 by

Hace “varias semanas” que se vienen dando los despidos, le comentaron a CoinDesk.

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Clixpesa Is Bringing Traditional Kenyan Investing Techniques to Web3

October 14, 2022 by

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Crypto Biz: $470B bank enters crypto — Probably nothing, right?

October 14, 2022 by

Another major financial institution has signaled its intent to offer Bitcoin and Ether services to its clients.

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SEC Chair Gensler Says CFTC Should Get More Power to Oversee Stablecoins: Report

October 14, 2022 by

Gensler pointed out that the CFTC does not have direct authority to write rules for the firms that issue stablecoins.

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Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains

October 14, 2022 by

BTC was holding around $19,300, even as traditional markets lost steam following the release of third-quarter company earnings reports.

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Bitcoin trader predicts $18K return within days as stocks wilt post-CPI

October 14, 2022 by

The fun could be over at $20,000, analysis warns as U.S. equities feel the burn and the dollar makes up for lost time.

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51% of Ethereum blocks are now compliant with OFAC standards, raising censorship concerns

October 14, 2022 by

One month after the Merge, MEV-boost relays expanded its market share as block builders, data shows.

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A Huge Glut of Bitcoin Mining Rigs Is Sitting Unused in Boxes

October 14, 2022 by

The situation is further disrupting the economics of a sector already hit by low crypto prices and high energy costs.

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Why Did Crypto Surge After Bad Inflation News?

October 14, 2022 by

Thursday’s ludicrous price action across asset markets shows just how weird things can get when the Federal Reserve is driving the bus.

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IndigiDAO: Bringing Blockchain to Indigenous Communities

October 14, 2022 by

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Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again

October 14, 2022 by

The “know your customer” and anti-money laundering system has evolved to become an excessive constraint on financial access and a dangerous imposition on liberty and privacy – even if the original security intent was reasonable.

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Binance Pool lanza un fondo de US$500 millones para apoyar la minería de bitcoin

October 14, 2022 by

La empresa es la última en unirse al creciente grupo de prestamistas alternativos que buscan inyectar capital en la golpeada industria de la minería.

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Bitcoin bear market will last ‘2-3 months max’ —Interview with BTC analyst Philip Swift

October 14, 2022 by

On-chain data is showing there is light at the end of the tunnel for Bitcoin hodlers, says LookIntoBitcoin creator, Philip Swift.

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