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Bitcoin Miner Greenidge Expects Q3 Losses of $20M-$22M Amid CEO Departure

October 11, 2022 by

Bitcoin (BTC) miner Greenidge Generation Holdings’ (GREE) CEO expects to record a GAAP net loss of between $20 and $22 million for the third quarter.

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Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022

October 11, 2022 by

The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members.

Categories CoinTelegraph, Crypto Leave a comment

Former CEO of Bankrupt Crypto Lender Celsius Cashes Out $960K in CEL, USDC, Data Show

October 11, 2022 by

Alex Mashinsky, who resigned as Celsius’ CEO on September 27, continues to move crypto out of wallets while withdrawals are suspended for customers.

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Economists debunk the banking system and win the Nobel Prize

October 11, 2022 by

Three economists were awarded the Nobel Prize in economic sciences for their decades of research on societal reactions to financial crises and avoiding bank collapses.

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Bitcoin’s Calm Amid Soaring Bond Market Volatility Points to ‘HODLer’-Dominated Crypto Market

October 11, 2022 by

Bitcoin’s 90-day realized volatility has dropped to lowest since December 2020, defying long-standing criticism that cryptocurrencies are more volatile than traditional market assets.

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Crypto and digital bank MinePlex secures $100M in funding from GEM

October 11, 2022 by

The funding will be used in new banking technologies, including a collaboration with Mastercard and Visa for crypto transactions.

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Portugal proposes 28% tax on annual crypto trading profits next year

October 11, 2022 by

The cryptocurrency tax haven could see taxes levied on profits realized from cryptocurrency trading or capital gains within a year of their acquisition.

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Bitcoin risks key support as trader says BTC price bottomed at $17.6K

October 11, 2022 by

Investor cost basis narrowly escapes a support/resistance flip as traders diverge over whether Bitcoin has really bottomed.

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The Web3 Foundation taps edX for free courses on blockchain and Polkadot

October 11, 2022 by

The first two out of the four-course series on blockchain and Polkadot will start on October 20, the enrollment is open now.

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‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog

October 11, 2022 by

Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up.

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Ripple Builds New Partnerships in France and Sweden Despite Crypto Bear Market

October 11, 2022 by

Ripple inked deals with Paris-based payment provider for online marketplaces Lemonway and Swedish money transfer provider Xbaht focused on the Thailand remittances corridor.

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It’s legislation season in the EU: Law Decoded, Oct. 3–10

October 11, 2022 by

In one week, the EU institutions voted in favor of a crypto-friendly resolution and promoted MiCA to the next stage.

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Binance, Sequoia still backing Elon Musk’s bid for Twitter

October 11, 2022 by

The Twitter deal is back on this month, and Binance confirmed to Cointelegraph that it intends to support the deal as part of its push for Web3 adoption.

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Nifty News: Logan Paul’s NFT sees small jump in value after $600k loss, Paramount, Ford and other big brands make notable NFT trademark filings and more

October 11, 2022 by

The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year.

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Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner

October 11, 2022 by

Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy.

Categories CoinTelegraph, Crypto Leave a comment

Fake Solana wallet security update is trying to steal your crypto: Reports

October 11, 2022 by

Password-stealing malware is being spread by hackers through NFT airdrops purporting to be Solana Phantom security updates.

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Coinbase Gets Singapore Digital Payment Token License

October 11, 2022 by

Coinbase joins Crypto.com and DBS Vickers as major institutions with a Digital Payment Token (DPT) license from the Monetary Authority of Singapore.

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Crypto Lending Platform Moon Mortgage Raises $3.5M Seed Round

October 11, 2022 by

The platform will allow investors to use their crypto as collateral for financing real estate investments.

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NFTs transform how fans bet on upcoming sports stars

October 11, 2022 by

A fan-centric Web3 sports platform uses NFTs to bring a new level of connectivity and ownership to betting on the success of upcoming athletes.

Categories CoinTelegraph, Crypto Leave a comment

Ethereum-scaling protocol zkSync’s layer-3 prototype set for testing in 2023

October 11, 2022 by

Matter Labs chief product officer Steve Newcomb emphasized to Cointelegraph that the launch of its L3 prototype will significantly improve the performance of its L2 solution.

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Metaverse platforms refute ‘misinformation’ about daily active users

October 11, 2022 by

User data from DappRadar consists of metaverse users who have also made an in-game purchase with the project’s native token, but the Decentraland and Sandbox projects disagree with that criteria.

Categories CoinTelegraph, Crypto Leave a comment

Coinbase gains in-principle approval for Singapore crypto license

October 11, 2022 by

The country is a key institutional market for the exchange according to the CEO of Coinbase Singapore, who explained it’s also working with local industry groups to improve regulations.

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First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

October 11, 2022 by

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

Categories CoinDesk, Crypto Leave a comment

‘Fear’ May be Keeping Ooki DAO From Mounting Defense Against CFTC

October 11, 2022 by

No one voted the first time an Ooki DAO member tried to gather support for a legal defense effort. Just three people have voted in favor of a second effort

Categories CoinDesk, Crypto Leave a comment

Customer support staff swamped during market swings — exchange execs

October 10, 2022 by

Binance Australia’s CEO says it is imperative that customer support is ready for a large influx of customer inquiries at any moment.

Categories CoinTelegraph, Crypto Leave a comment

Crypto’s downturn is about more than the macro environment

October 10, 2022 by

The global economic downturn should not have a long-term negative effect on cryptocurrency prices, even if it is influencing crypto in the short term.

Categories CoinTelegraph, Crypto Leave a comment

DIMO Helps Drivers Gain and Monetize Their Car Data

October 10, 2022 by

Post Content

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Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

October 10, 2022 by

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Sam Bankman-Fried announces efficiency updates to FTX

October 10, 2022 by

The crypto derivatives platform is expected double its order throughput and significantly reduce order latency, according to its CEO.

Categories CoinTelegraph, Crypto Leave a comment

Multiverse Labs launches government-backed metaverse city in UAE

October 10, 2022 by

Multiple emirates in the UAE are looking to the metaverse to boost tourism in their respective regions. Sharjah now joins Dubai in broadening its Web3 ambitions.

Categories CoinTelegraph, Crypto Leave a comment
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