South African Non-Profit Bitcoin Ekasi Opens Education Center
The center will educate residents in Mossel Bay on bitcoin, finances and other subjects.
Crypto
SEC rejects WisdomTree’s application for a spot Bitcoin ETF … again
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation.
Reversibility on Ethereum: The Benefits and Pitfalls
The equivalent of “chargebacks” on Ethereum would be controversial but would ultimately help the blockchain to become more useful.
OpenSea Aims for an Avalanche of NFT Interest
Avalanche is best known for its DeFi presence, but is making strides to establish itself in the NFT space with the OpenSea Launch.
Bitcoin Recovers $19K Though Inflation Fears Haunt Market
The largest cryptocurrency’s price had slipped earlier Tuesday to its lowest in almost two weeks, but the market recovered as U.S. stocks rebounded.
Justin Sun ‘Optimistic’ About Crypto’s Return to China, Addresses Huobi Acquisition
Tron founder Justin Sun joined “First Mover,” to discuss his role on Huobi’s advisory board and why he’s hopeful the crypto exchange will make its way back to mainland China.
Mass adoption will be terrible for crypto
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape.
BNY Mellon, America’s oldest bank, launches crypto services
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets.
Looming US CPI Report Has Bitcoin Investors Seeking Protection in Case Inflation Tops Expectations
Investors seem worried about the possibility of the impending CPI injecting renewed downside volatility in bitcoin and are preparing for the same.
Lit Protocol: Public Key Infrastructure for a Decentralized World
Lit’s David Sneider, a presenter at the CoinDesk I.D.E.A.S. conference, wants to decentralize public key cryptography.
US Treasury’s OFAC and FinCEN announce $29M in enforcement actions again Bittrex
Bittrex agreed to pay more than $29 million in a settlement with FinCEN, but the regulator said it will credit a $24-million payment “to settle its potential liability with OFAC.”
Bitcoin: Breaking Up Money and State
Bitcoin will gradually force the government to give up its control over money, says Sazmining’s Will Szamosszegi.
Market Maker GSR Cuts Staff Amid Crypto Winter
The trading shop cut less than 10% of staff to “continue to position our business for long-term growth,” a spokesperson told CoinDesk
Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says
The controversial case against Ooki DAO was “so egregious and so obvious” that the U.S. Commodity Futures Trading Commission (CFTC) had to pursue it, said Chairman Rostin Behnam.
Celebrity-Backed Fintech for Teens, Step Receives $300M in Debt Funding
The app also launched a crypto trading feature, starting with bitcoin
SEC Investigating Bored Ape Creator Yuga Labs Over Unregistered Offerings: Report
The SEC is looking into whether some of Yuga’s NFTs should follow the same disclosure rules as stocks, according to Bloomberg.
DAOs are in era 3.0 thanks to an infrastructure renaissance: Report
There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend.
$25K or $15K BTC — CPI and US inflation data coming out on Thursday: Watch The Market Report
On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss the new CPI data and U.S. inflation rate to be announced on Thursday, Oct. 13.
Everyrealm Eyes Communities of Scale in the Metaverse
Everyrealm, a speaker at CoinDesk’s IDEAS event, started by investing in metaverse real estate. Now that’s only a small part of its portfolio.
Bitcoin prepares for CPI showdown as BTC price dips below $19K cost basis
BTC price performance declines in line with U.S. equities ahead of classic volatility engendered by CPI data.
WisdomTree’s Spot Bitcoin ETF Rejected by The SEC
WisdomTree had refiled for a spot bitcoin ETF after previously being denied.
BNB Smart Chain to Perform Hard Fork as Fix for $100M Exploit
The BNB Smart Chain will this week perform a hard fork as a fix for the exploit of Oct. 6 which drained an estimated $100 million from the platform.
Slicing the Elephant: Inside the Design of a Digital Euro
There are plenty of decisions yet to be made about the landmark CBDC, the head of the ECB’s digital euro project, Evelien Witlox, tells CoinDesk.
A16z Leads $14M Funding Round for New E-Commerce Platform from Twitch Co-Founder
Rye plans to become fully decentralized on the Solana blockchain
DeFi Protocol Temple DAO Struck by $2.3M Exploit
Temple DAO, a DeFi protocol that offers users yields on deposits, has been hit by a $2 million exploit, according to blockchain security firm PeckShield.
Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement
Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017, allowing individuals from sanctioned jurisdictions to trade on the platform.