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US Treasury yields are soaring, but what does it mean for markets and crypto?

September 29, 2022 by

The 10-year U.S. Treasury yield recently hit its highest level in 12 years, but how might this impact investors’ sentiment toward stocks and cryptocurrencies?

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SEC alleges fintech and ‘market maker’ firms manipulated crypto market in token scheme

September 29, 2022 by

Though the SEC has pursued many enforcement actions related to initial coin offerings, the regulator’s stance on airdrops’ role in alleged token schemes is unclear.

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Binance Starts Ethereum Proof-of-Work Mining Pool, Initially With No Fee

September 29, 2022 by

ETHW initially stumbled, but mining support from Binance customers could in theory help.

Categories CoinDesk, Crypto Leave a comment

Meta Opens NFT Sharing on Instagram and Facebook to All Users

September 29, 2022 by

Users can now connect their crypto wallets to Instagram as part of the app’s new digital collectible feature, which the tech giant has been testing since May.

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Bitcoin price slips under $19K as official data confirms US recession

September 29, 2022 by

Politicians continue to argue about whether the U.S. economy is in recession, even as data highlights two consecutive quarters of negative growth. Meanwhile, BTC holds $19,000, for now.

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Crypto Exchange Coinbase Assigned Sell-Equivalent Stock Rating by Wells Fargo on Competition Risk

September 29, 2022 by

Wells Fargo says Coinbase will face headwinds in its path to sustaining profitability.

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Who What Wearables: A Guide to Digital Fashion and the Metaverse

September 29, 2022 by

Many of the conversations around Web3 fashion focus on its utility. However, there’s more to the story, as a handful of brands are looking to solve the problems associated with the current fashion industry with blockchain technology.

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Bittrex, BitGo, 6 Other Firms Join Crypto Market Integrity Coalition

September 29, 2022 by

Crypto exchange Bittrex, custodian BitPay and six other firms have joined the Crypto Market Integrity Coalition (CMIC) s self-regulatory organization aiming to prevent crypto market manipulation.

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Crypto Whale DJ Seedphrase Sells Rare CryptoPunk for $4.4M

September 29, 2022 by

The investor-turned-DJ told CoinDesk that he was running low on liquidity and wanted to spark movement during crypto winter.

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Money Laundering via Metaverse, DeFi, NFTs Targeted by EU Lawmakers’ Latest Draft

September 29, 2022 by

An emerging compromise may subject those who govern decentralized autonomous organizations for extra requirments.

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Polygon está acercando las criptomonedas a los consumidores, según la firma Bernstein

September 29, 2022 by

El éxito de la blockchain se debe a su capacidad para crear una puerta de entrada más accesible para los consumidores convencionales, remarcó el informe.

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Crypto startup to save iconic fiat money sculpture with 1M euros funding

September 29, 2022 by

Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making.

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The Caribbean is pioneering CBDCs with mixed results amid banking difficulties

September 29, 2022 by

Emtech’s Cadet talks about CBDCs in emerging markets as the U.S. Congress and United Nations hear about the traditional banking crises.

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First Mover Americas: Bitcoin Pushes for $20K Again as Investors Return to Risky Assets

September 29, 2022 by

The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 29, 2022. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Ooki DAO members explore options in response to CFTC lawsuit

September 29, 2022 by

Members of the Ooki DAO are discussing various ways to respond to the recent lawsuit filed by the CFTC.

Categories CoinTelegraph, Crypto Leave a comment

Crypto Trading Platform Provider WonderFi to Offer Equities Next Year Through Bitbuy Unit

September 29, 2022 by

Crypto trading platform provider WonderFi purchased Bitbuy this January.

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Worried About a Financial Crisis? Enter – Self Custody.

September 29, 2022 by

Placing bitcoin in cold storage won’t prevent losses, but it can eliminate counterparty risk.

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Crypto Investment-Product Firm 21.co Hires Former Goldman Alum as CTO

September 29, 2022 by

David Josse led Goldman Sachs’ business intelligence and engineering efforts for the bank’s Marcus product.

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Miners Take off for The Great – and More Profitable – North

September 29, 2022 by

Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.

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Craig Wright Asserts He’s Satoshi, Again

September 29, 2022 by

The latest in Craig Wright’s series of lawsuits against those who question that he is Satoshi Nakomoto, the pseudonymous creator of Bitcoin.

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Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis

September 29, 2022 by

Bitcoin looks suitable for Russia’s crypto cross-border payments at first glance, but there are many reasons why such a choice is highly questionable.

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Ghana set to catch up to Nigeria and Kenya in terms of crypto adoption: Chainalysis

September 29, 2022 by

Paxful CEO Ray Youssef said that the current growth trends in Ghana show that it has the potential to be a leader in terms of crypto adoption.

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Surging Bitcoin-Sterling Trading Volume Points to Hedging Demand for Crypto, or Does It?

September 29, 2022 by

There’s a debate over whether rising BTC/GBP trading volume represents hedging demand for the cryptocurrency or speculative interest.

Categories CoinDesk, Crypto Leave a comment

Kazakhstan ready to legalize crypto as Russians flock to the country

September 29, 2022 by

A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities.

Categories CoinTelegraph, Crypto Leave a comment

Crypto is Quietly Thriving in Sub-Saharan Africa: Chainalysis Report

September 29, 2022 by

The report shows strong crypto usage and adoption rates in the region. With highly educated young people and low job prospects, crypto is “a way to feed their family,” says Convexity founder Adedeji Owonibi.

Categories CoinDesk, Crypto Leave a comment

EU Lawmakers Attack Amazon’s Involvement in Digital Euro Project

September 29, 2022 by

Cross-party lawmakers cited worries over data privacy and taxation as they demanded a U-turn on the controversial European Central Bank decision to let Amazon participate in the digital euro project.

Categories CoinDesk, Crypto Leave a comment

Cardano’s Founding Entity Emurgo to Invest Over $200M to Boost Ecosystem

September 29, 2022 by

The funds will be granted to projects over a three-year period.

Categories CoinDesk, Crypto Leave a comment

Ethereum Merge was ‘executed flawlessly,’ says Starkware co-founder

September 29, 2022 by

Starkware co-founder Eli Ben-Sasson told Cointelegraph that none of the things that people feared about the Merge happened, and everything happened as it should.

Categories CoinTelegraph, Crypto Leave a comment

Bernstein Says Polygon Blockchain Is Bringing Crypto to Consumers

September 29, 2022 by

The blockchain’s success has come from its ability to build a more mainstream customer gateway, the broker said.

Categories CoinDesk, Crypto Leave a comment

Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’

September 29, 2022 by

Volatility has yet to make an appearance on hourly timeframes as the clock ticks down to the September close.

Categories CoinTelegraph, Crypto Leave a comment
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